Crypto News
Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. CybercapitalSource link
Binance to Support Polygon (MATIC) Swap to Polygon (POL) Token
Binance announces support for the Polygon (MATIC) token swap to Polygon (POL), with detailed instructions and timelines for users. (Read More)Source link
Binance Futures Introduces USDⓈ-Margined MBOX Perpetual Contract with 75x Leverage
Binance Futures will launch the USDⓈ-Margined MBOX Perpetual Contract on August 28, 2024, offering up to 75x leverage, enhancing trading options for users. (Read More)Source link
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According toSource link
HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank
The Hong Kong Monetary Authority warns the public about unauthorised websites and apps associated with Livi Bank Limited. (Read More)Source link