Lookonchain APP

App Store

Mask Network takes over Lens Protocol with the goal of creating a "product that people actually use."

2026.01.21 00:27:50

**Lens Protocol Leadership Transitions to Mask Network** Effective January 21, the original team behind Lens Protocol will no longer steer its development. The SocialFi project announced Tuesday that Mask Network will “host and lead” the protocol’s next phase. Launched in early 2022 by Aave founder Stani Kulechov, Lens Protocol was initially framed as “building Twitter on Ethereum.” Kulechov noted on X (formerly Twitter) Tuesday: “We’ve built Lens Protocol and its underlying on-chain infrastructure—including advanced decentralized content storage governed by smart contracts. Our goal is to create neutral social infrastructure for developers to build consumer-grade apps that reach mainstream users.” About a year after launching on Polygon, Lens reported supporting over 110k social accounts and spawning hundreds of apps. On the same day, Mask Network outlined its Lens roadmap on X: “The next stage isn’t more protocols—it’s building truly usable products, fostering a shared culture, and growing a truly thriving community.” Mask Network also backs the decentralized social ecosystem Mastodon. In 2022, it acquired the second-largest Mastodon server as part of its SocialFi expansion strategy.
Relevant content

Standard Chartered: Market Too Hawkish on Fed, Expecting Status Quo for Rest of Year

June 22 — Standard Chartered expects the U.S. Federal Reserve will keep interest rates unchanged for the remainder of this year, arguing the market’s outlook for the central bank is overly hawkish. According to the lender’s mid-year market outlook report, Standard Chartered projects the Fed will maintain interest rates through the rest of this year and actually begin cutting rates in the second quarter of next year. The report notes the U.S. economy has performed better than anticipated, while a temporary agreement between the U.S. and Iran may lead to overall inflation peaking in the second quarter. Conditions are currently favorable for emerging markets such as India; Standard Chartered favors equity-based investments, and believes India’s future operating environment will improve and stabilize moving forward.

4 minutes ago

Renowned trader Technorevenant sold 492 XAUT from a linked address and bought 3457 BNB.

June 22: Onchain Lens monitoring shows a wallet linked to renowned trader Technorevenant sold 492 XAUT at $4,179 per coin, cashing out ~$2.05 million, and bought 3,457 BNB at $595 each.

4 minutes ago

Asian Stock Markets Rise Together, Nikkei 225 Hits Record High Closing Price

On June 22nd (Monday), according to Bitget market data, Japan’s Nikkei 225 Index closed up 1,103.90 points, a 1.55% increase, to 72,353.96 points, hitting a new all-time high. The South Korean KOSPI Index closed up 62.23 points, a 0.69% rise, ending at 9,114.65 points that same day.

4 minutes ago

Korean Exchange CEO: Regulatory Enhancements for Leveraged ETFs Expected When Necessary

On June 22, the CEO of a South Korean exchange said that regulators are expected to step up oversight of leveraged ETFs when necessary, FX168 reported.

4 minutes ago

Bitmine announced a cash dividend distribution to its preferred stock shareholders, with a dividend of $0.1056 per share.

June 22 – Bitmine Immersion Technologies, Inc. today announced its board of directors has approved a cash dividend of $0.1056 per share on its 9.50% A Series Perpetual Preferred Stock. The preferred shares trade on the New York Stock Exchange under the ticker symbol "BMNP." The dividend will be paid in cash in line with the terms outlined in the A Series Preferred Stock Certificate of Designation. The scheduled payment date is July 10, 2026. Shareholders of record as of the close of business on June 30, 2026, will be eligible to receive this dividend. As previously disclosed, Bitmine’s A Series Perpetual Preferred Stock (ticker: BMNP) is structured to pay dividends on a weekly basis.

4 minutes ago

Iranian Media Reports 5 Key Points Agreed Upon in Iran-US Negotiations

June 22 – Iran’s Tasnim News Agency reported that the agreement reached during the first round of Iran-U.S. negotiations held in Switzerland includes five key points.

4 minutes ago