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Polygon Labs Launches $85 Million Developer Fund to Attract Web3 Talent


Polygon Labs launches major funding to draw blockchain developers. Image by akif, Adobe Stock. On Thursday, Ethereum scaling solution Polygon Labs announced the launch of an $85 million grant program with the goal of attracting top Web3 talent to build on its network. The initiative will provide...

Market share rises by 69% for opBNB, Binance announces support


opBNB went live on mainnet recently and has already seen a massive rise in its market share. The jump is 69% jump for the Layer 2 solution of the BNB Chain. It is now the second most popular layer 2 solution in terms of DAU, 92,761. Additionally, Binance has announced that it will support deposits...

Bitfinex Customers Targeted in Phishing Attacks After Support Agent Hack


Bitfinex has experienced a “minor” security incident after one of its customer support agents fell victim to a hacking attempt, leading to several users being targeted in a series of phishing attacks. The crypto exchange said the incident occurred between October 30 and November...

Stablecoin Issuer Circle Terminates Consumer Account Support


Stablecoin issuer Circle is discontinuing support for consumer Circle Mint accounts. In a statement on its website, the company wrote, “Consumer-only Circle Mint accounts will no longer be supported and will be closed. No further action is required from the account holders in this...

Overwatch 2’s Latest Patch Is Nerfing The Support Heroes


Overwatch 2’s latest balance patch ahead of the upcoming Le Sserafim collaboration event is hitting Support heroes hard. Blizzard said this was its plan in a developer update earlier this month, but looking at the actual patch notes, it definitely looks like medics are feeling the latest nerfs...

US State Regulators Grant Money Transmitter Licenses to Crypto Startup Bastion


Institutional-focused crypto custody firm Bastion has obtained money-transmitter licenses (MTLs) in New Hampshire and Arkansas. 1/ We’re happy to share that we received our first two Money Transmitter Licenses (MTLs) in New Hampshire and Arkansas and can now support fungible assets in both states....

US Lawmakers Ask DOJ to Consider Criminal Charges Against Binance and Tether


Two U.S. lawmakers have asked the U.S. Department of Justice (DOJ) to consider criminal charges against Binance and Tether, alleging that the two crypto platforms were used to fund Hamas. “We urge the Department of Justice to carefully evaluate the extent to which Binance and Tether are providing...

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