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Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains

Vora went on to explain that the money would be used to expand the DeLabs team across departments such as business development, graphic design, content creation and event coordination. With expanded capital, he added, the startup can "launch higher quality projects" and "provide actually cool partnerships/deals/discounts/perks with real businesses." Source

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Here’s Why Everyone’s Excited about Big Eyes Coin and Why We Haven’t Seen Such Hype Since the Days of Binance Coin and Chain’s Release

Place/Date: - December 12th, 2022 at 3:41 pm UTC · 4 min read Source: Binance Coin (BNB): No Compromise on QualityRank: 4thCapitalization: $59.8 billionPrice: $299.3Volume: $1.03 billionWhat can we say about Binance that hasn’t already been stated? BNB is perhaps the most impressive and complete platform presently.

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Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform – Bitcoin News

According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned Ren 1.0 and 2.0

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Circle Expands USDC Stablecoin to Five New Chains, Unveils Cross-Chain Transfer Protocol

As a result of the expansion, USDC will be available on 14 blockchains, having been issued previously on Algorand, Avalanche, Ethereum, Flow, Hedera, Polygon, Solana, Stellar and Tron. Its main rival, the $68 billion USDT, circulates on 13 chains and looks to expand to Polygon, according to Tether's website. Source

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Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022

Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022  held in Seoul and discussed topics like the upcoming Ethereum (ETMerge and how it will affect other blockchains. According to Svanevik, the industry witnessed a spillover effect in the last

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Singapore to explore digital asset tokenization on public chains

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a blockchain-based digital assets trial that will use tokenization. The project will include regulated financial institutions serving as "trust anchors," with a pilot involving JP Morgan, DBS Bank and Marketnode, the SGX joint venture for bonds.The Project Guardian initiative, which

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New Chainalysis tool tracks stolen crypto across multiple chains

Blockchain analytics firm Chainalysis has released a new tool to track transactions across decentralized finance (DeFi) protocols and multiple blockchains.Chainalysis launched a beta version of its Storyline software on Wednesday. Touted as a “Web3-native blockchain analysis tool,” Storyline aims to track and visualize smart contract transactions with a focus on

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Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers

Ethereum scaling solution Polygon has launched a new network for Web3 development, pledging $100 million to early users who can help fast-track adoption. The Polygon Supernet chain gives developers the ability to build their projects in a customizable environment without hosting or operational costs, the company announced Friday. Developers will be

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