Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
Robinhood (HOOD), the popular trading platform, will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that were named as securities in recent SEC lawsuits against Binance and Coinbase. Separately, Binance.US says it's transitioning to an all-crypto exchange as of June 13, citing pressures from the SEC. The Hash" panel discusses how the crypto industry is impacted by the regulator's recent actions.
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
Now out of its public beta test, the platform has expanded to include over 250 NFT collections.
Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
This second phase will include a more thorough testing environment to encourage validator participation.
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.
Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
The debt sale was the first of its kind for the French sustainable agriculture business.
Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries
Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.
Multicoin Leads $2.3M FastLane VC Deal, Continuing Its Bet on MEV Infrastructure
The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders.
Polygon Co-Founder on Web3 Fellowship Program
Polygon co-founder Sandeep Nailwal recently launched a Web3 Fellowship program and is pledging his own money toward the $500,000 cohort of 10 builders selected each year. Nailwal joins "First Mover" to discuss the program and what he hopes to achieve amid the current crypto bear market. Plus, insights into what the future holds for the Polygon ecosystem.
