RWA platform Ondo Finance is expanding from the Ethereum mainnet to the Polygon network
Tokenized Real World Assets (RWA) platform Ondo Finance is expanding from the Ethereum mainnet to the Polygon network. The platform has issued OUSG tokens, a tokenized version of BlackRock’s short-term U.S. government bond exchange-traded fund, natively on Polygon as part of a “strategic alliance.” The firm also plans to bring its upcoming tokenized money market fund OMMF, as well as Flux Finance, a decentralized lending marketplace developed by Ondo (pending governance approval), to Polygon....
RWA platform Ondo Finance is expanding from the Ethereum mainnet to the Polygon network
Tokenized Real World Assets (RWA) platform Ondo Finance is expanding from the Ethereum mainnet to the Polygon network. The platform has issued OUSG tokens, a tokenized version of BlackRock’s short-term U.S. government bond exchange-traded fund, natively on Polygon as part of a “strategic alliance.” The firm also plans to bring its upcoming tokenized money market fund OMMF, as well as Flux Finance, a decentralized lending marketplace developed by Ondo (pending governance approval), to Polygon....
OPNX will replace FLEX with OX on July 18
The bankruptcy claim exchange OPNX tweeted that it will replace all FLEX with OX at a conversion rate of 1:100 on July 18. In addition, if the user chooses to exchange for OX pledged for 3 months, he can get a preferential conversion rate of 1:125.
OPNX will replace FLEX with OX on July 18
The bankruptcy claim exchange OPNX tweeted that it will replace all FLEX with OX at a conversion rate of 1:100 on July 18. In addition, if the user chooses to exchange for OX pledged for 3 months, he can get a preferential conversion rate of 1:125.
The total value of zkSync cross-chain bridge storage exceeds 1 million ETH
The total stored value (TVB) of zkSync cross-chain bridge has exceeded 1 million ETH, and currently stands at 1,001,896 ETH. The total number of cross-chain bridge addresses is 1,780,975. In addition, the current Arbitrum TVB is 2,654,917 ETH, Optimism TVB is 558,882 ETH, and Starknet TVB is 113,434 ETH.
The total value of zkSync cross-chain bridge storage exceeds 1 million ETH
The total stored value (TVB) of zkSync cross-chain bridge has exceeded 1 million ETH, and currently stands at 1,001,896 ETH. The total number of cross-chain bridge addresses is 1,780,975. In addition, the current Arbitrum TVB is 2,654,917 ETH, Optimism TVB is 558,882 ETH, and Starknet TVB is 113,434 ETH.
Wall Street Journal: Binance has laid off more than 1,000 employees in recent weeks
Crypto exchange Binance has laid off more than 1,000 jobs globally in recent weeks due to legal probes by the U.S. Securities and Exchange Commission (SEC) and other regulatory challenges, the Wall Street Journal reported, citing a source. More than a third of Binance's employees, totaling around 8,000 before layoffs, could end up being affected by the layoffs, the sources said. A spokesperson for Binance confirmed the layoffs to The Wall Street Journal, but did not disclose the number. ...
Wall Street Journal: Binance has laid off more than 1,000 employees in recent weeks
Crypto exchange Binance has laid off more than 1,000 jobs globally in recent weeks due to legal probes by the U.S. Securities and Exchange Commission (SEC) and other regulatory challenges, the Wall Street Journal reported, citing a source. More than a third of Binance's employees, totaling around 8,000 before layoffs, could end up being affected by the layoffs, the sources said. A spokesperson for Binance confirmed the layoffs to The Wall Street Journal, but did not disclose the number. ...
Former U.S. SEC official: There are multiple indications that the U.S. Department of Justice will file or has filed criminal charges against Binance
Former SEC Internet Enforcement Officer John Reed Stark tweeted: “There are a number of indications that DOJ will file or has filed under seal criminal indictments related to Binance. Money laundering involves disguising financial assets, in order to use these assets without uncovering the illicit activity that generated them. To me, the CFTC and SEC charges look more like criminal indictments, replete with allegations of fraud, deception, obstruction of justice, and money laundering.” In add...
Former U.S. SEC official: There are multiple indications that the U.S. Department of Justice will file or has filed criminal charges against Binance
Former SEC Internet Enforcement Officer John Reed Stark tweeted: “There are a number of indications that DOJ will file or has filed under seal criminal indictments related to Binance. Money laundering involves disguising financial assets, in order to use these assets without uncovering the illicit activity that generated them. To me, the CFTC and SEC charges look more like criminal indictments, replete with allegations of fraud, deception, obstruction of justice, and money laundering.” In add...
