Binance freezes $4.2m in stolen XRP
Crypto exchanges are on high alert due to an exploit linked to XRP issuer Ripple, as several platforms work together to monitor $112.5 million in stolen assets. CEO of Binance Richard Teng revealed that late last month, his exchange halted accounts containing $4.2 million in Ripple’s XRP that unidentified hackers had stolen. Teng pledged that […]
Polygon Labs to Cut Off 19% of Staff
The CEO of Polygon Labs announced the departure of sixty employees or 19% of the company. The reductions are not motivated by a need for funds but rather by a strategic decision to improve performance efficiency. The release also emphasized Polygon Ventures’ transformation into P2 Ventures after its split from Polygon Labs at the end […]