Aave launches a decentralized Social Media platform on Polygon Network dubbed Lens Protocol
Decentralized finance (DeFi) platform Aave launches Lens Protocol, a decentralized social networking platform on Ethereum’s layer 2 scaling network Polygon. The open-source “Web3, smart contracts-based social graph” is based on an ecosystem of dynamic non-fungible tokens (NFTs) and is named after lens culinaris, a plant that has a symbiotic interaction with soil microorganisms. Users build […]
Polygon native stablecoin project Qi Dao faces exploit of about $13M on Superfluid vested contract
The Superfluid vesting contract on Polygon’s native stablecoin protocol, Qi Dao, was exploited, resulting in a 65% reduction in the price of the governance token Qi Dao (QI) dropped from $1.24 to $0.18. On Tuesday, Qi Dao acknowledged the Superfluid vesting contract exploits on Twitter but assured users that their assets were safe and that […]
The US figure skating national body now accepts Bitcoin donations
U.S. Figure Skating, the national governing body for the sport of figure skating in the United States, is the latest institution in the country to accept cryptocurrency donations such as Bitcoin (BTC) this comes after the body announced plans to go crypto last year. U.S. Figure Skating announced on Tuesday that it has collaborated with […]
Major BNB Whale buys 8.9M Dogecoin
WhaleStats has revealed that a BNB whale in the top 100 of the largest 1,000 BNB whales acquired 8.9 million Dogecoin a little more than three hours to. BNB Whale purchases about 9 Million worth of Dogecoin According to the WhaleStats scale, the whale that made the purchase of 8,999,983 Dogecoin is ranked 75th out […]
Kazakhstan’s President Reportedly Calls for Tax Increase on Crypto Mining
Kassym-Jomart Tokayev, Kazakhstan’s president, called for a higher tax on cryptocurrency mining just weeks after a new charge went into force. Tokayev stated the present rate of 1 Kazakh tenge ($0.0023) per kilowatt of power is insignificant, and he ordered the government to raise the tax as quickly as possible, as well as come up […]