Polygon Begins Token Swap, in Move to Allow More Issuance
The migration from Polygon’s MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.
Financial
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Financial
Ripple USD Stablecoin Could be Issued in ‘Weeks, Not Months’: Garlinghouse
The RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain.
Financial
Solana’s SOL Gets First Implied Volatility Index on Volmex
The new index will help traders guage expected SOL price turbulence over two weeks.
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Bitcoin ETFs Bleed $287M, Largest Daily Outflow in Four Months
BTC traded lower as weak U.S. manufacturing veri revived growth concerns.
Financial
Trump Family Members Hacked to Promote Apparent Crypto Scam
The incident comes hours after CoinDesk revealed details of the crypto project the Trump family has recently touted.
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Bitcoin Dives Under $56K Amid U.S, Japan Stock Market Rout
U.S. stocks tracked by Nasdaq 100 and S&P 500 fell as much as 3.5% lower on Tuesday to kick off a historically bearish September month.
Financial
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.
Financial
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Four team members listed in World Liberty Financial’s white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.
Financial
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
Financial
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
Bitfinex suggested bitcoin could fall to as low as $40,000 in a bearish scenario.