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Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade

Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate…

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Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings

The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from…

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Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race

According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently,…

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Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’…

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Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate

At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings categorize New Zealanders as early adopters, indicating they were…

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FTC Warns of Crypto Scams From Online Love Interests

The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution…

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HSBC China Introduces Digital Yuan Services for Corporate Clients

HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both…

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South Korean Regulator Excludes Certain NFTs From Crypto Regulations

South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines…

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