Base Is Here, But Some of Its Projects Raise Red Flags
This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools.

Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon
The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations
In a blog post, Polygon alleged that Matter Labs copied its open-source code without providing attribution. Matter Labs said the code was "prominently attributed."

X Faces New Competition From Suku on Crypto Payment Adoption Plans
Web3 wallet Suku recently teamed up with Polygon to release a free open-edition NFT collection. Within the 48-hour mint period, users minted over 50,000 NFTs directly on X, formerly known as Twitter. Lucas Henning, Suku’s Chief Technology Officer and co-founder, joins "The Hash" to discuss the partnership with Polygon and the future of transactions over social media platforms.

Suku May Beat Musk to Crypto Twitter Payment Adoption
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs directly on Twitter.

Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading
In partnership with Consensys and Polygon Labs, the Palm Network will evolve to facilitate more efficient NFT minting and trading for its 1.7 million registered wallet addresses.

Reddit Brings In Good Karma With Gen 4 Collectible NFT Avatars
The latest release of colorful interpretations of the platform's “Snoo" character is titled "Retro Reimagined."

Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.

Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
