Polygon Dump Incoming? Chinese MLM Scheme-Related Wallet Becomes Fifth Largest MATIC Holder
Avatar has amassed over 25.56 million MATIC tokens on high referral reward promises.... Read more.
Polygon (MATIC) Overtakes Dogecoin (DOGE) by Market Cap as zkEVM Hype Intensifies
Polygon’s market cap is now around $11.52 billion. MATIC has become the ninth-largest cryptocurrency in the market.... Read more.
Optimism Surprises Users with Second Airdrop, OP Sinks
Optimism airdropped 11.7 million OP tokens to active users while the token itself dumped almost 9% on the news.... Read more.
DeFi Pioneer MakerDAO (MKR) Enters Lending Market with New Spark Protocol
Spark Protocol will be a front-end application that allows users to interact with Maker’s flagship decentralized stablecoin DAI.... Read more.
Tether (USDT) Reveals $700M Profit in Last Quarter Despite Crypto Market Turmoil
The USDT issuer announced that it ended 2022 with excess reserves of at least $960 million.... Read more.
ENS DAO Passes Proposal to Sell 10,000 ETH in Single Transaction
The ENS DAO will use the funds from the sale to cover its expenses for the next 18-24 months.... Read more.
DCG Sells Shares in Grayscale Crypto Trusts at Steep Discount to Raise Funds for Genesis Creditors
DCG focuses on the Ethereum trust and sells $8 per share, despite each share’s claim to $16 of ether.... Read more.
North Korean Hackers Stole Record-Breaking Amounts of Crypto in 2022: UN Report
Groups like Lazarus Group, Kimsuky, and Andariel stole between $630 million and $1 billion worth of crypto assets last year.... Read more.
Crypto Firms Could Face Prison Time for Unauthorized Ads: UK Regulator
The Financial Conduct Authority warns of up to two years imprisonment for any failure to follow the upcoming advertising regulations.... Read more.
Ethereum Layer-2 Tokens Continue Incredible Run as Optimism (OP) Breaks All-Time High: Here’s Why
OP is up about 230% in the last month as Layer-2 projects seem to come back into the spotlight.... Read more.