Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
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Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain
Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia.According to a press release published by the bank on Sept. 12, the service — dubbed Distributed Treasury and Cash Management (DTCM) — enables Alfa-Bank’s corporate clients to manage their payments, loan and deposit products, as well as liquidity pool inside…

11% of US insurers invest — or are interested in investing — in crypto
Of the 328 CFOs and CIOs representing around half of the global insurance industry, 6% responded their firm was either already invested or considering an investment into cryptocurrencies. 197 Total views 4 Total shares United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial…

Crypto wallets will evolve into 'filing cabinets' by 2030: Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”

Polygon Discord compromise hits Avalanche, ZKsync hours later
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.

China’s State Macroeconomic Planning Agency Mulls Ban on Crypto Mining
China's National Development and Reform Commission (NDRC), a state planning agency charged with spearheading macroeconomic policies, has revealed it is considering the elimination of crypto mining in the country. The news was reported by Reuters on April 9.The NDRC has reportedly now included crypto mining as part of its draft for a revised list of…

Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?
Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023.On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June 2022. In September 2022, Bitcoin's dominance index was as low as 38.84%. The index typically rises when most crypto investors reduce their exposure…

Nigerian prison fails to bring Binance exec to court
Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.

Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of entry for many real-world assets moving on-chain, a Web3 executive argues.Speaking to Cointelegraph, the founder of cross-chain infrastructure firm Botanix Labs, Willem Schroé, claimed Bitcoin “needs to start playing in the EVM world” for it