Polygon (MATIC) announced on its official site that following a community vote goEthereum’s flagship project, Uniswap, now has its V3 contracts live on the layer-two scaling solution with benefits including lower gas fees, faster transactions, and increased users among several others. Support for Polygon has also been integrated with the AMM’s (automated market maker) official interface.
The first to market play-to-earn NFT game running on Tezos (XTZ) DOGAMI, announced via a recent press release that they have secured $6M in a funding round with investments from leading names Animoca Brands, Ubisoft, and The Sandbox (SAND).
Solana (SOL) has experienced a dramatic reduction in valuation over the past month. After reaching a high of $243.56, SOL is now struggling to stay above the major support level of $170 and the bears are currently in firm control yet again after a false breakout.
The crypto market started out the new week by continuing its recent negative trend that has dragged the broader market down. The three largest cryptocurrencies in terms of market capitalization, Bitcoin Ethereum, and Binance, are all moving lower. During the past 24 hours of trading, all three tokens are down between three and five percent and the overall crypto market has seen a decline of 3.6%.
With the fallout from the Squid Game Token still fresh on investors’ minds, there are signs that the very same scammers are back to work with another heist this time targeting the meme sensation Shiba Inu.
Cryptocurrencies have been in a downward trend over the past week led by Bitcoin’s drop to a low of $45,000 from all-time highs and BTC wasn’t alone. Everything from Ethereum to Polkadot saw steep drops in valuation and have been fighting to recover lost ground over the past several days. As the larger cryptocurrencies continued to face selling pressure, one altcoin, Tezos, has bucked the trend and has been stringing together gains, popping as much as 25% during a twenty-four hour period.
Decentraland and its native token MANA are well positioned to take advantage of the growth in blockchain-powered games inhabiting the metaverse and has been one of the most in-demand cryptocurrencies in 2021.
Badger DAO, a decentralized finance project focused on Bitcoin built on the Ethereum blockchain network that allows users to earn. Passive crypto income, is the latest to be victimized by a hack with $120.3 million worth of Bitcoin and Ethereum stolen during a particularly nasty front-end attack.
Jordan Belfort, the real-life Wolf of Wall Street and convicted felon who plead guilty to charges of fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam, is a blockchain fan but sees many of the meme crypto coins as nothing but scams, calling and the creators to face jail time while pointing the dangers of the cryptocurrency industry.
Shiba Inu (SHIB), the meme-coin phenom inspired by man’s best friend, is blasting off Tuesday morning with gains topping 30% as Newegg Commerce Inc., the online retail behemoth, and Kraken officially announced that they will start to accept Shiba Inu on their platforms.