2021-11-7 17:41 |
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Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth
The Polygon community has decided against a proposal to deploy $1. 3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform.
90% of token unlocks drive prices down, declines begin a month ahead
A recent Keyrock report highlighted that 90% of token unlocks exert negative price pressure, though the effects often take up to 30 days to materialize fully. Approximately $600 million of previously locked tokens are regularly circulated.
Trump’s company will receive at least $15 million after Justin Sun’s investment into World Liberty tokens
Justin Sun’s TRON purchased $30 million worth of World Liberty Financial tokens earlier this week, and the investment enabled President-elect Donald Trump and his sons, Eric, Don Jr. , and Barron, to get paid.
Coinbase to delist WBTC, halt trading on Dec. 19
Coinbase will disable Wrapped Bitcoin (WBTC) trading pairs from its exchange and Prime platforms on Dec. 19, citing the token’s failure to meet its listing standards, according to a Nov. 19 announcement.
Seized Alameda Funds On The Move: US Gov’t Shifts Additional Crypto Assets
The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout. Related Reading: Did YouTuber MrBeast Make $23 Million From Crypto Scams? Shocking Allegations Emerge The government-controlled crypto wallet that holds nearly $974,000 worth of digital assets has, for the first time in almost 24 months, been activated, […]
Circle unveils encrypted ERC-20 framework to enhance blockchain privacy
Inco Network and Circle Research introduced the Confidential ERC-20 Framework, an innovative solution aiming to bring compliant privacy to public blockchains The whitepaper of the new framework, published on Oct.
Bitcoin’s price surge powered by increased leverage
Bitcoin’s price has gained momentum over the past weeks and recently touched a high of more than $69,000, which is only 6% away from its all-time high. However, the high amounts of leverage behind the impressive performance raises concerns about its sustainability.