Lido to discontinue services on Polyon in coming months after low adoption
Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
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Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg. The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February. Prices continued to fluctuate

ZKsync sunsets liquidity program amid bearish market
ZKsync's DeFi Steering Committee (DSC) said it will not renew ZKsync Ignite, its liquidity reward program, as the project shifts its focus to broader network expansion. The DSC confirmed that Ignite’s second season will not proceed and that the program will be discontinued on March 17. This also cancels the reward allocation for period 6

Gemini’s exit from Canada: What’s driving crypto exchanges out?
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins.

Saylor’s Strategy proposes $2B convertible note offering to buy more Bitcoin
Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash.

Chainlink Utility Drives LINK Price, but a Correction Could Be Coming
Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date. In July alone, the now ninth-largest crypto by market cap has gained close to 80%, with blockchain analytics firm Santiment identifying LINK as its top-ranked emerging cryptocurrency.Amid the price gains for LINK has come talk of a new altseason,…

Former Consensys employee launches new stablecoin amid regulatory uncertainty
Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.

Nigerian national blockchain policy gets government approval
Nigeria’s Federal Executive Council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. 156 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe government of Nigeria — one of the world’s most curious nations about…

Formfunction to shutter marketplace amid Solana NFT slump
The platform didn’t disclose the reason for its closure, but Solana NFTs haven’t been having the best run lately. 46 Total views 1 Total shares Own this piece of history Collect this article as an NFTFormfunction, a Solana (SOL)-based nonfungible token (NFT) marketplace, has announced its closing up shop after only 13 months of operation…