Author: Kryptonews
Polygon Labs announced Sept. 12 that it is partnering with Dubai-based Cypher Capital to expand institutional access to POL, the native asset powering the Polygon blockchain, across the Middle East.The initiative marks the first in a series of efforts to bring professional investors into direct engagement with Polygon’s infrastructure.POL will be positioned as an institutional-grade asset offering real yield, with roundtables, liquidity improvements, and structured opportunities aimed at funds, corporates, and other large allocators.Polygon co-founder Sandeep Nailwal said in a statement:“Institutional demand for real yield on crypto is already in high demand, and keeps growing.”He added that the program is…
BitMEX co-founder Arthur Hayes says Bitcoin holders need to be more patient and stop worrying about stocks and gold hitting record highs, because asking why Bitcoin isn’t higher misses the point.“If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not the right way to think about things,” Hayes told Kyle Chasse in an interview published to YouTube on Friday.“I’m sorry that you bought Bitcoin six months ago, but anyone who bought it two, three, five, or 10 years ago, they’re laughing,” Hayes said, echoing the frustrations…
The big upside action in major cryptos of late has been in altcoins such as solana SOL$243.71 and dogecoin DOGE$0.2801, with SOL sporting a 17% gain over the past seven days and DOGE a 25% advance. Among the bullish arguments are coming ETFs and newly-formed crypto treasury companies focusing on those two tokens.Mostly forgotten as investor capital moved elsewhere were the two largest cryptos, but both are catching bids late in the U.S. trading day on Friday.Bitcoin BTC$115,958.11 is now ahead 2% over the past two hours to $116,600 and ether (ETH) is up 5% to $4,650. Both prices are…
A recent slashing of Ethereum from different validators has reignited the debate around staking models, with many pointing to Cardano’s more resilient structure as a key differentiator. While Ethereum’s system penalizes validators for downtime or misbehavior, Cardano’s staking approach avoids such risks, offering delegators security without the fear of losing funds. Why Simplicity And Resilience Are Cardano’s Key Advantages On September 10, a slashing of 11.7 ETH from 39 Ethereum validators highlights the advantages of Cardano’s staking structure. Crypto analyst Dori has highlighted on X the fundamental differences in staking requirements and risks between the two networks. On Ethereum, it…
Key NotesThe Alpenglow upgrade received 98.27% approval, promising sub-second transaction finality for real-time gaming applications.Pump.fun deposited $74.24 million worth of PUMP tokens to Kraken exchange to enhance trading liquidity and market depth.Federal Reserve rate cut expectations and Nasdaq’s tokenized securities filing create favorable macro conditions for risk assets. Solana is trending in social activity, and SOL, together with other tokens from its ecosystem, is among the top gainers of the day. This rise matches a growing bullish sentiment in all markets, increased institutional interest in Solana SOL $239.9 24h volatility: 6.0% Market cap: $129.90 B Vol. 24h: $13.39 B ,…
Last month, Kim Keon-hee, wife of South Korea’s impeached and jailed former president Yoon Suk-yeol, was arrested on charges of bribery, stock manipulation, and election interference. On Thursday, the special prosecutor leading the case said a painting by Lee Ufan is now at the center of the inquiry. Kim’s arrest in August followed an investigation launched by newly elected president Lee Jae-myung after his inauguration in June. It is one of three probes targeting Yoon, the conservative former president ousted from office in April after attempting to impose martial law last December. Related Articles Prosecutors allege that former prosecutor Kim…
CleanCore Solutions has reached the halfway mark in its plan to acquire up to 1 billion Dogecoin within 30 days, as it announced its latest purchase of 500 million DOGE. This acquisition follows a previous purchase of 285.42 million DOGE. CleanCore’s DOGE Push The treasury is backed by the Dogecoin Foundation and its official corporate arm, House of Doge. It was created to strategically accumulate DOGE in anticipation of growing adoption and utility. According to the official press release, CleanCore’s long-term goal is to secure up to 5% of Dogecoin’s circulating supply and position the company as a leading digital…
World Liberty Financial’s community is throwing near-unanimous support behind a new governance measure aimed at strengthening the value of its native token, WLFI.The proposal, introduced earlier this month, would direct fees collected from protocol-owned liquidity (POL) to repurchase tokens on the open market and permanently destroy them.The vote, which opened on Sept. 11, remains active until Sept. 18 but has already attracted overwhelming community approval.According to governance records, more than 99% of votes, representing roughly 1.5 billion WLFI, have backed the measure. Fewer than 2 million tokens have been cast against it, while about 5.8 million chose to abstain.Meanwhile, an…
Key Takeaways Vader launched EgoPlay, a gamified platform for task completion using smart glasses. EgoPlay users earn Vader Points for completing daily tasks via smart glasses. Share this article Vader launched EgoPlay, a gamified platform where users complete daily tasks with smart glasses to earn Vader Points. The platform entered closed beta today.The system allows users to perform tasks through smart glasses technology while earning rewards through the company’s point system. EgoPlay represents Vader’s entry into gamified task completion using wearable technology.The closed beta provides limited access to test the platform’s functionality before a broader release. Users can accumulate Vader…
One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched community decisions.Hyperliquid, a decentralized exchange for perpetual futures that launched its own layer-1 in November 2024, handled $330 billion in trading volume in July with a team of 11 people. USDH will serve as the platform’s first dollar-pegged asset, providing traders with a stable unit of account and collateral option within the Hyperliquid ecosystem.The vote will decide which company…
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