WuBlockchain
Ethereum has launched zkAPI, while Base has rolled out its Cobalt upgrade. The two updates lead a weekly roundup that also says USDT is returning to Bitcoin via Utexo.
Balancer and Blast are moving to shut down, according to the roundup. Separately, Visa Direct has connected with stablecoin settlement infrastructure. The developments span network upgrades, project closures and payment integration, with no single direction for the broader crypto market.
Source: [Weekly Project Updates: Ethereum Launches zkAPI, Base Rolls Out Cobalt Upgrade, Balancer and Blast to Shut Down, etc — Wu Blockchain](https://wublock.substack.com/p/weekly-project-updates-ethereum-launches)
Frequently asked questions
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Which network updates are included in the roundup?
Ethereum launched zkAPI, and Base rolled out its Cobalt upgrade.
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How is USDT returning to Bitcoin?
The roundup says USDT is returning to Bitcoin via Utexo.
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Which projects are moving to shut down?
Balancer and Blast are described as moving to shut down.
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What is Visa Direct's stablecoin development?
Visa Direct has connected with stablecoin settlement infrastructure.
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Do the updates point to a single market direction?
No. The roundup covers network upgrades, project closures and a payment integration rather than one market-wide development.
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