Movement Labs joins Polygon Agglayer, bags $160M TVL commitment for mainnet

The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain. 

Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power, local news outlet CCTV reported on Dec. 22.The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the Kaiping District of Tangshan city. The…

There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges.As detailed by The Guardian UK, crime reports from the City of London police detail how thousands of dollars worth of crypto…

Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3.Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote:“Bitcoin is one…

After gaining 11% between March 16 and March 18, the total crypto market capitalization has been battling resistance at the $1.2 trillion level. This same level was reached on August 14, 2022 and was followed by a 19.7% decline to $960 billion over the next two weeks. During the lateralization period between March 20 and…

"Don't fight the trend" is an old saying in the markets, and there are other variants of the phrase like "never catch a falling knife." The bottom line is that traders should not try to anticipate trend reversals, or even worse, try to improve their average price while losing money.It really doesn't matter whether one…

The rise of Web3 apps, or decentralized applications (dApps), has been nothing short of a journey in recent years. From blockchain-based social media platforms to non-fungible tokens (NFTs), the Web3 ecosystem has definitely started moving in a positive direction. However, as great as the positives are, there have been some bumps on the road and…

The American thrash-metal band Megadeth released a new NFT collection aiming to connect with its community in both physical and digital reality. 104 Total views 3 Total shares Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band announced