The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
Depositors were originally told that bridged ether would be returned once the bridging phase was over.
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade.
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.
Brett Harrison’s new firm, Architect, aims to be an one-stop platform for institutional-grade crypto trading.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the latest update on the Binance saga as its executive Nadeem Anjarwalla has been located in Kenya after escaping from Nigeria.