Polygon Launches Governance Hub, Giving Control To Community
The Polygon protocol has unveiled its new governance hub to democratize decision-making with the community in charge. Ethereum’s groundbreaking Layer 2 scaling protocol Polygon’s launch of the Polygon Governance Hub is a significant step toward enhancing community ownership and governance. Polygon to Strengthen Local Government The Polygon Community’s governance center was constructed by the well-known […]
MicroStrategy Reveals Pricing of Convertible Senior Notes Offering
MicroStrategy disclosed the pricing of its convertible senior notes offering to $700 million and revealed proceeds from the sale will be used to buy additional BTC. The notes will be sold in a private offering to qualified institutional purchasers under Rule 144A of the Securities Act of 1933, as stated in an official press release. […]
UwU Lend Announces $5m Bounty as Hacker Launders Stolen Funds
A $5 million reward has been announced by the decentralized lending network UwU Lend to “identify and locate” the exploiter. The creators of UwU Lend are offering up to $5 million “to the first person to identify and locate” a hacker who took advantage of the protocol to obtain cryptocurrency valued at over $23 million. […]
Pyth Network Launches GMCI 30 Crypto Market Index
With the introduction of the GMCI 30 Index Price Feed by Pyth Network, more than 60 blockchain ecosystems will now have access to the GMCI crypto market price index. This launch is a step toward giving blockchain and smart contract developers real-time financial data. “We are excited to announce that Pyth Network will be streaming […]
Turkey Introduces 0.03% Tax on Crypto Transaction
Turkey will implement a 0.03% transaction tax on crypto trading, which aims to rectify the budget deficit brought about by the earthquakes of 2023. Bloomberg reported that the proposed changes could result in a substantial windfall for those facing challenging economic conditions through a transaction tax on crypto trading. “The ministry is considering a 0.03% […]