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.
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Financial
Key Week for Bitcoin and the Dollar Index
This week’s slew of U.S. economic veri will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
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Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance
The highly anticipated upgrade turns Cardano’s ADA cryptocurrency into a governance token.
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Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
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Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for göğüs coins: Let anyone roll their own.
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MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The driving motivation behind the changes was “how to scale DeFi to gigantic size” and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
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AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
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MakerDAO to Offer Optional MKR Conversions for New Governance Token
MakerDAO hopes the new governance token will increase governance participation.
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DePIN Media Network PTK Starts Up on Coinbase’s Base to Bring Transparency to Making Movies
Behind PKT are Hollywood talent who say they’re sick of the black box that is the industry’s sinema production process.
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Bitcoin Bear Trap? Goldman Says Wednesday’s U.S. Jobs Report is Likely to Overstate Weakness
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls from April 2023 to March 2024.