Binance announces support for the upcoming Neutron (NTRN) and Optimism (OP) network upgrades and hard forks, ensuring a smooth user experience.

Binance announced its support for the Neutron (NTRN) network upgrade, suspending token deposits and withdrawals temporarily.

The Neutron Protocol team, in its continuous effort to enhance user experience and security in the Web3 space, has introduced a groundbreaking solution called “Universal Recovery.” This innovative approach utilizes ZK-Email technology to address a crucial challenge in social recovery mechanisms within blockchain systems.

The deal aims to increase the adoption of CosmWasm, and align Neutron and Confio's development strategies.

The foundation supporting Cosmos-based cross-chain smart contract platform Neutron will acquire 25% of Confio, the software development company behind CosmWasm, the default virtual machine in the Cosmos ecosystem.

The crypto space continues to trade in the red for the fourth consecutive day, bringing uncertainty in the future price action of Bitcoin and top altcoins. On the other hand, BIGTIME price and Neutron Price display massive price jumps in their respective charts as they were listed on top exchange platforms.

In a bid to showcase how serious the Neutron project has become, more than 190 million ATOM tokens have been staked through the CosmWasm platform.