Quick take: Tron investors have locked approximately 6.5 Billion TRON in Sun Genesis Mining This translates to approximately $210 Million The value of TRX has gained positively since Sun Mining was launched The popularity of the...
A community vote to reduce CAKE's token emissions and slash staking rewards has received backing from 70% of voters in PancakeSwap's DAO.
Quick take: The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation This value is the lowest since November 23rd, 2018 DeFi and preparation for ETH2.0 staking could...
Summary: Some community members of the decentralized crypto exchange backed the early mover proposal to deploy GMX on Coinbase’s L2 blockchain. Concerns were raised over possibly doxxing the protocol’s pseudonymous founders as Base could require KYC...
Summary: Playboy has partnered with Sandbox to build its playboy mansion in the Metaverse. The MetaMansion will be a virtual destination for fans and the Rabbitar community. It will also have interactive gameplay, original programming, and...
Quick take: Poloniex and KuCoin have announced the formation of a strategic partnership The two exchanges aim at jointly improving the crypto industry This will be through joint efforts in R & D, liquidity sharing, PoS...
Quick take: Polygon Studios has welcomed new hires from the web2 companies of Amazon, Google, Youtube, Electronic Arts, Penske Media and Mythical Games The move is part of plans by Polygon Studios to strengthen its gaming...
The new governance model will feature an ecosystem council as part of a three-pillar framework, Polygon’s blog post noted. The re-engineered governance also includes an improved proposal framework and a two-phase community treasury to back exciting...
The major technical upgrade is part of Polygon’s roadmap 2.0 and is subject to community approval. The new POL token would replace MATIC as Polygon’s native token and introduce Multichain validation across the L2’s ecosystem. Users...
Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon,...
RabbySwap exploiter transferred 114 Ether to sanctioned Tornado Cash after stealing funds from the Rabby Router Contract.
Summary: Lending pools belonging to Rari Capital and Fei Protocol have been attacked A total of $80 million has been lost in the latest DeFi hack The hack was due to a typical reentrancy vulnerability Fei...