Polygon never set out to beat Ethereum: Anurag Arjun, X Hall of Flame

Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen. 612 Total views 2 Total shares Collapsed cryptocurrency exchange FTX reportedly faced a series of unauthorized transactions over the weekend, prompting several warnings from users and analysts against interacting with its mobile app…

DeFi’s surging popularity has seen the sector grow to comprise 240,000 users and more than $2 billion in value. 1958 Total views 22 Total shares The total number of users engaged with decentralized finance (DeFi) protocols has increased by more than 140%, since exceeding six-figures for the first time in January.According to data published by…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the…

A classic bull run forecasting metric goes “full bull,” while whales look to hedge exposure to the Federal Reserve this week. 5531 Total views 47 Total shares Bitcoin (BTC) whales are the center of attention this week as buying and selling habits split the BTC price narrative.New findings from on-chain analytics firm CryptoQuant show derivatives…

More than $30 billion was settled on the Bitcoin blockchain in a single day last week. 458 Total views 32 Total shares The value settled on the Bitcoin network has been surging recently, reaching a new daily all-time high last week.Bitcoin’s daily settlement value hit an all-time high on Oct. 6, with $31 billion worth…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNew data hints why Bitcoin price action has spent two months at…

Following cybersecurity assessments, commercial institutions are being cleared to issue the world's first CBDC — the Bahamas' Sand Dollar. 521 Total views 11 Total shares The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the…