The Block has officially announced the Emergence conference, set to take place in Prague on December 5-6, 2024, which will focus on the collective future of the cryptocurrency industry. This premier event aims to bring together experts, investors, and enthusiasts to discuss key developments and trends shaping the digital asset landscape.

In a significant move, MicroStrategy has purchased an additional 18,300 bitcoin for $1.1 billion, elevating its total holdings to an impressive 244,800 BTC. This acquisition underscores the company's commitment to Bitcoin as a central part of its strategy, further solidifying its position as one of the largest corporate holders of cryptocurrency.

ZKsync has made headlines by launching its decentralized governance system, featuring smart contracts now live on the mainnet. This governance model involves three main bodies: the Token Assembly, Security Council, and Guardians, designed to ensure that no single entity holds excessive power over the decision-making process, allowing for a more balanced and stakeholder-driven governance outcome.

As part of its continuous evolution, the ZK sync network has experienced a notable decline in daily transaction volume, with the seven-day average dropping nearly 85% from approximately 1.3 million at the start of the year to around 195,000 transactions. This trend raises questions about user engagement and the sustainability of the ecosystem amidst broader market dynamics.

Source: https://www.theblock.co/post/316327/zksync-activates-decentralized-governance-system-with-onchain-contracts

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