Polygon Labs Launches 1 Billion POL Community Grant Program
Polygon has announced a new Community Grants Program that will provide ecosystem developers access to one billion POL tokens over the next ten years. On Tuesday, Polygon Labs announced that its program is now operational. According to a blog post from Polygon Labs: “Following community consensus, the Community Treasury has been created, with 1B POL […]
Thailand Revokes Zipmex Licence Amid Regulatory Failures
The cryptocurrency exchange Zipmex lost its operating license after Thai authorities discovered that it had consistently disregarded directives. The Securities and Exchange Commission (SEC) discovered that Thai cryptocurrency exchange Zipmex had consistently disregarded court orders, leading to the exchange losing its business license. In a news release dated June 11, the SEC stated that Zipmex’s […]
Polyhedra Launches Staking Following ZK Trademark Drama Resolution
Polyhedra has announced a temporary staking scheme, granting participants a total of $1.13 million in USDT worth of ETHFI, ID, and CYBER tokens. The company that created zkBridge, Polyhedra Network, has announced opening a short-term staking program that would give participants tokens with a total value of $1.13 million in USDT. According to Polyhedra’s Notion […]
Jellyverse Launches DeFi 3.0 Tools on Sei Blockchain
The DeFi platform Jellyverse, which serves as Balancer’s sole partner on the Sei blockchain, has launched a new decentralized exchange (DEX) to encourage further growth in the DeFi sector. The Jellyverse team unveiled the new ecosystem on Monday through a press release that was obtained. Three features have been announced: JellySwap, a DEX protocol; JellyStake, […]
dWallet Network Expands to Aptos with Zero Trust Protocols
The multi-chain technology dWallet has declared its entry onto the layer-1 blockchain to improve web3 and DeFi gaming user experience. Zero Trust Protocols (ZTPs) are intended to be introduced to the decentralized L1 network by expanding dWallet’s technological stack to Aptos. This will improve native multi-chain interoperability within the Aptos ecosystem. Omer Sadika, a co-founder […]