Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site. Several other major […]
They have signed an MOU to distribute the stablecoin in Japan via SBI VC Trade. RLUSD is a licensed asset, backed by US dollar deposits, reliable reserves, and government bonds. The stablecoin is set to […]
Its treasury has surpassed $780M, comprising $713M in Toncoin and cash worth $67M. The milestone comes after a $558M private placement completed early this month. Verb aims to accumulate 5% of Toncoin’s circulating supply. Institutional […]
Toyota Blockchain Lab has released a white paper detailing the Mobility Orchestration Network (MON), a blockchain system that would transform vehicles into real-world assets tradeable across financial markets. Built on Avalanche’s multi-chain architecture, MON aims […]
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who provide collateral and earn […]
The Launchpad has transferred PUMP worth around $9.19M to OKX. The transaction sparked concerns about market confidence and bearish pressure. PUMP price plunged on the daily timeframe. Digital currencies traded in the red on Monday […]
The exchange has confirmed plans to halt deposits and withdrawals on Neo Legacy. The phase-out will begin on August 25, with a complete shutdown scheduled for October 15. NEO has plummeted amidst community uncertainty. The […]
Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of stETH available across the DeFi […]
Following a $2 million exploit, liquid restaking protocol Bedrock is integrating Chainlink Proof of Reserve. Such security measures will be necessary to maintain investor confidence during Bedrock’s growth. Bedrock to Tighten Minting Protocols with Chainlink […]
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2 network will be compatible […]
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