Amidst the challenges posed by the crypto winter, Ethereum layer-2 developers such as OP Labs, Polygon, and Matter Labs are competing for contracts within the Celo blockchain’s new network, where customer demand is limited, leading to layoffs at major firms.
It’s vital to remember that crypto volatility can deliver upside, too.
A federal judge picked a dozen New Yorkers to try the FTX founder on fraud and conspiracy charges.
“While it’s still winter, we have been swimming … getting our hands dirty for the long run,” said DBS’ head of digital assets, Evy Theunis.
Rather than attempting to disrupt banks and other traditional payments systems, these high-profile blockchain developers are looking to court their business.
Kanani founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun.
The latest price moves in crypto markets in context for Oct. 4, 2023.
No death penalty either, the judge had to reassure a prospective juror.
At its peak in April 2022, the DeFi lending project had over $22 million in total value locked, but this figure has since dropped to around $2 million.
Low volatility returned to crypto markets after a sudden move higher earlier this week following ETF decisions.