Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members
The project named 13 “inaugural members” to the council, including officials from Coinbase and the Ethereum Foundation.
Technology
Elon Musk’s Plan to Charge New X Users $1 May Not Deter Crypto Bots
Crypto watchers say solving the bot problem extends beyond just charging users for the X service.
Manta’s Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried’s Trial Continues
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
(Jayashreee/Creative Commons)
THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries
THORSwap, the exchange that paused its platform last Friday following a series of trades related to the FTX hack, resumed its services on Friday with updated terms and conditions relating to users in sanctioned countries.
CertiK, Blockchain Code Auditor, Makes ‘Strategic Workforce Adjustment’ of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.
The Protocol: Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
ZeroSync’s Robin Linus has ignited excitement in the Bitcoin community by introducing the “BitVM” paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives.
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.