Search results for "POS"
08:11

Major SOL Whale Makes $23.65M Exchange Deposit at a Loss

Gate News bot message, whale address HsYrgw has transferred their entire holdings of 113,207 SOL tokens, valued at approximately $23.65 million, to cryptocurrency exchanges. The transfer was completed within the past two hours. Data indicates the whale will incur a loss of $1.81 million on this pos
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SOL-0.96%
02:00

BTC and ETH Short Positions Lead to $8.6M Loss for Whale Trader 0x5D2F

Gate News bot message, during the recent market uptrend, whale trader 0x5D2F recorded significant losses on short positions in BTC and ETH, totaling over $8.6 million. In response to the market movement, the trader deposited 8 million USDC to increase margin and prevent liquidation. The current pos
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BTC-0.11%
ETH-1.83%
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10:32

Ethereum's new staking volume has reversed the withdrawal volume, setting a new high since September 2023.

According to BlockBeats news on September 4, data from the validator queue tracking website shows that the Ethereum PoS network's staking entry queue has surpassed the exit staking queue today. The current entry queue stands at 833,000 Ether, worth approximately $3.66 billion, while the current exit queue is at 823,000 Ether, worth about $3.62 billion. It is noteworthy that the staking demand for new validators activated in the Ethereum PoS network has risen significantly, reaching the highest level since September 2023 at 860,000 Ether on September 2. BlockBeats notes: the line chart data is as of yesterday.
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ETH-1.83%
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09:51

PUNDIX (Pundi X (New)) rose 10.52% in the last 24 hours.

Gate News Bot message, September 3, according to CoinMarketCap data, as of the time of writing, PUNDIX (Pundi X (New)) is currently reported at $0.32, having risen 10.52% in the past 24 hours, with a high of $0.32 and a low of $0.28. The current market capitalization is approximately $83.31 million, an increase of $7.91 million compared to yesterday. Pundi X is a company dedicated to transforming physical retail businesses through innovative decentralized physical infrastructure networks ( DePIN ) solutions. They have developed a blockchain-based point of sale ( POS ) system called XPOS and have established partnerships with governments, payment companies, and retailers. XPOS can support transactions in digital currencies and fiat currencies, and it also supports marketing and loyalty programs, making it a one-stop solution for retailers. Pundi X's
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PUNDIX-1.93%
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03:05

BB (BounceBit) has pumped 7.70% in the last 24 hours.

Gate News Bot news, on September 2, according to CoinMarketCap, as of the time of writing, BB (BounceBit) is currently priced at $0.14, with a pump of 7.70% in the past 24 hours, reaching a high of $0.15 and a low of $0.13. The current market capitalization is approximately $106 million, with a rise of $7.55 million compared to yesterday. BounceBit is a CeDeFi infrastructure project aimed at providing high-yield products, re-staking use cases, real asset ( RWA ) integration, and CeDeFi as a service, making high-yield opportunities accessible to everyone. The BounceBit chain is a dual-token PoS layer 1 network secured by BTC and BB, leveraging the security of Bitcoin while being fully EVM compatible. By designing liquidity custodial tokens ( LCTs ) and collaborating with CEFFU.
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BB-5.2%
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23:46

Withdraw PoS network validator withdrawals drive Ethereum's re-staking protocol TVL to exceed $30 billion.

BlockBeats news, on August 29, according to The Block, the liquidity re-staking protocol for Ethereum has grown rapidly in recent years, with the total Lock-up Position value across platforms reaching 30 billion USD, indicating a significant shift among validators in deploying ETH for yields. This growth coincides with an increase in withdrawal activities of native ETH staking, as validators are withdrawing from traditional staking mechanisms in search of more flexible opportunities. Leading protocols like EtherFi and Eigenpie have captured a considerable market share since the beginning of the year, and the sector continues to show sustained growth momentum through mid-2025.
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ETH-1.83%
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07:07

SD (Stader) rose 42.47% in the last 24 hours.

Gate News Bot news, August 26, according to CoinMarketCap data, as of the time of writing, SD (Stader) is currently priced at $0.95, rising 42.47% in the last 24 hours, with a high of $1.12 and a low of $0.64. The current market capitalization is approximately $50.6 million, an increase of $15.1 million compared to yesterday. Stader is a non-custodial, smart contract-driven staking platform that provides discovery and usage of staking solutions for various Proof of Stake (PoS) networks. It serves as an important staking middleware infrastructure for retail cryptocurrency users, exchanges, and custodians. Stader allows users to stake any amount of tokens and earn staking rewards while also obtaining liquidity tokens. Users can utilize these liquidity tokens in over 40 DeFi protocols. Stader is backed by leading blockchain.
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SD13.39%
00:52

QTUM (Qtum) has pumped 28.57% in the last 24 hours.

Gate News Bot news, August 25, according to CoinMarketCap data, as of the time of writing, QTUM (Qtum) is currently priced at $3.23, having risen by 28.57% in the last 24 hours, reaching a high of $3.47 and a low of $1.97. The 24-hour volume reached $550 million. The current market capitalization is approximately $342 million, an increase of $76 million compared to yesterday. Qtum is a decentralized open-source public blockchain that combines the security of Bitcoin with the smart contract functionality of Ethereum. It is a fast, environmentally friendly, and future-oriented scalable PoS blockchain platform that unifies Bitcoin's UTXO model with Ethereum's smart contract capabilities. Qtum's core principles include decentralization, trustlessness, permissionlessness, proof of stake, open source, and community-driven development. The platform supports a variety of wallet ecosystems.
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QTUM-1.31%
06:44

BB (BounceBit) has pumped 11.86% in the last 24 hours.

Gate News Bot news, on August 22, according to CoinMarketCap data, as of the time of writing, BB (BounceBit) is currently priced at $0.14, rising 11.86% within 24 hours, with a peak of $0.14 and a low of $0.11. The current market capitalization is approximately $101 million, an increase of $10.8 million from yesterday. BounceBit is a CeDeFi infrastructure project aimed at providing high-yield products, heavy staking use cases, integration of physical assets (RWA), and CeDeFi as a service, making high-yield opportunities accessible to everyone. The BounceBit chain is a dual-token PoS Layer 1 secured by BTC and \$BB, leveraging Bitcoin's security and fully compatible with EVM. By designing liquidity custodial tokens (LCTs) and collaborating with CEFFU, users can gain actual Interest from CeFi and utilize LCTs for heavy staking and on-chain DeFi Mining.
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BB-5.2%
12:58

American coffee chain Reborn Coffee launches encryption payment pilot.

Odaily News Reborn Coffee, a NASDAQ-listed American coffee chain, announced plans to trial cryptocurrency payment functions in some of its Southern California stores in 2025 and to add this function to its existing point-of-sale (POS) platform. Reborn Coffee previously announced the launch of a strategic review to consider incorporating regulated digital assets into its financial management framework, with plans to explore blockchain assets including Bitcoin and Ether to optimize fund management efficiency and diversify non-operating capital reserves. (Globenewswire)
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BTC-0.11%
ETH-1.83%
02:33

QTUM (Qtum) has pumped 20.85% in the last 24 hours

Gate News Bot news, on August 21, according to CoinMarketCap, as of the time of writing, QTUM (Qtum) is currently priced at $2.40, with a rise of 20.85% in the last 24 hours, reaching a high of $2.42 and a low of $1.97. The 24-hour volume reached $140 million. The current market capitalization is approximately $254 million, an increase of $43.8 million compared to yesterday. Qtum is a decentralized, open-source public blockchain that combines the security of Bitcoin with the smart contract functionality of Ethereum. It is a fast, environmentally friendly, and future-oriented scalable PoS blockchain. Qtum integrates Bitcoin's UTXO model with Ethereum's smart contract capabilities, providing a feature-rich platform that includes hybrid blockchains, core principles, ecosystem maps, decentralized applications, and a multi-wallet ecosystem.
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QTUM-1.31%
01:55

Data: In the past week, the net amount of Ethereum staked has decreased by 43,873 coins, worth approximately 178 million USD.

BlockBeats news, on August 20, according to data from the validator queue tracking website validatorqueue, the amount of Ethereum staked in the past week decreased from 35.651 million to 35.607 million, a net decrease of 43,873, valued at approximately 178 million USD. In addition, as of the time of writing, the current exit queue for the Ethereum PoS network reports a total of 916,647, still at a historical high.
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ETH-1.83%
01:40

Ethereum exit queue continues to rise, with a waiting time of 15 days.

PANews August 18 news, according to data from the validatorqueue website, as of now, the number of ETH in the exit queue of the Ethereum PoS network has increased to 872,893, with a waiting time of approximately 15 days and 4 hours for exit. During the same period, the number of ETH waiting to enter is 259,783, with an expected activation latency of about 4 days and 12 hours.
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ETH-1.83%
01:19

SD (Stader) rose 11.95% in 24 hours

Gate News Bot news, August 15, according to CoinMarketCap data, as of the time of writing, SD (Stader) is currently priced at $0.86, with a rise of 11.95% in the last 24 hours, reaching a high of $0.96 and a low of $0.66, with a 24-hour volume of $25.1 million. The current market capitalization is approximately $45.8 million, an increase of $4.9 million compared to yesterday. Stader is a non-custodial, smart contract-driven staking platform that provides discovery and use of staking solutions for various proof-of-stake (PoS) networks. It serves as an important staking middleware infrastructure for retail cryptocurrency users, exchanges, and custodians. Stader offers liquid staking services, allowing users to maintain the liquidity of their assets while earning staking rewards, providing greater flexibility and convenience for users. S
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SD13.39%
06:57

EdgeX Labs announced the completion of its official website upgrade, integrating a hybrid AI + DePIN technology architecture with a global Computing Power network layout.

ChainCatcher news, EdgeX Labs announced the launch of a brand new official website, fully presenting the hybrid AI + DePIN technology architecture that integrates cloud and edge, along with the global Computing Power network layout. This upgrade focuses on PaaS and SaaS level AI services, deeply integrating multimodal large language model capabilities, hybrid AI Computing Power scheduling protocols, and the global Node network, providing developers and enterprises with full-link support from model deployment, personalized fine-tuning to real-time inference. At the same time, the newly integrated TTS voice service and multimodal interaction system enable text, images, and voice to achieve low latency and efficient collaboration within the same intelligent network. EdgeX Labs Smart Hardware Matrix: PoS GPU-Server for enterprise-level high concurrency inference, PoW AI Dual
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SAAS-5.6%
AGENT1.43%
03:54

BB (BounceBit) rose by 42.19% in 24 hours.

Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of writing, BB (BounceBit) is currently priced at $0.14, with a 24-hour pump of 42.19%, reaching a high of $0.15 and a low of $0.09. The current market capitalization is approximately $98.4 million, an increase of $29.2 million compared to yesterday. BounceBit is a CeDeFi infrastructure project aimed at providing high-yield products, re-staking use cases, integration of physical assets (RWA), and CeDeFi as a service, making high-yield opportunities accessible to everyone. The BounceBit chain is a PoS Layer 1 network secured by both BTC and $BB, achieving full EVM compatibility through the security of Bitcoin. By designing liquidity custody tokens (LCTs) and collaborating with CEFFU,
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BB-5.2%
02:20

The Ethereum PoS network exit queue has decreased to about 527,000 Ether, while the entry queue has risen to about 150,000 Ether.

As of August 4th, there are 527,128 ETH in the exit queue of the Ethereum PoS network, a decrease from yesterday, with a waiting time of approximately 9 days and 4 hours. Meanwhile, there are 149,701 ETH waiting to join the network, valued at 529 million, with an activation latency expected to be 2 days and 14 hours. This reflects the conflict between stakers taking profits and new funds getting on board in the market.
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ETH-1.83%
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15:58

Crypto Trader @qwatio Expands Short Positions Across ETH, XRP, and SOL

Gate News bot message, cryptocurrency trader @qwatio has expanded their trading portfolio by increasing Ethereum short positions and establishing new 20x leveraged short positions in both XRP and SOL. According to the latest update, @qwatio's current positions include: - A 40x leveraged Bitcoin pos
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ETH-1.83%
XRP-0.89%
SOL-0.96%
06:58

Data: The number of ETH queued for withdrawal on the Ethereum PoS network has increased to 699,800, with a withdrawal latency exceeding 12 days.

According to ChainCatcher news, data from validatorqueue shows that since July 16, the exit queue of the Ethereum PoS network has rapidly risen, peaking at 743,800 Ether on July 26, currently at 699,800 Ether, with withdrawal latency exceeding 12 days. On July 16, there were only 1,920 Ether, and on July 15, there was no need to queue for withdrawal.
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ETH-1.83%
09:31

Ethereum PoS verification protocol Blockscape increased its holdings by approximately 140 ETH, with current holdings reaching 627.

Odaily News Ethereum PoS validation protocol Blockscape has retweeted the Strategic ETH Reserve data on platform X, revealing that it has increased its holdings by approximately 140 ETH, worth about $512,341. The current total Ethereum holdings have reached 627 ETH, surpassing Bankless and ranking among the top fifty in Ethereum reserves, currently sitting at 48th place.
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ETH-1.83%
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01:36

The Ethereum PoS network exit queue has increased to 644,300, setting a new record for the longest waiting time in nearly a year and a half.

Currently, there are approximately 644,300 ETH queued to exit the network, valued at $2.34 billion, with the waiting time extended to over 11 days; meanwhile, 332,000 ETH are waiting to enter the network, with a waiting time reaching nearly 6 days, setting a new record for 2024. It has been observed that when prices rise, investors unlock their stakes to secure profits, with both retail investors and institutions following this pattern. The number of active validators has reached nearly 1.1 million, setting a new historical high.
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ETH-1.83%
03:37

FLR (Flare) rose 14.64% in the last 24 hours.

Gate News Bot message, July 23, according to CoinMarketCap data, as of the time of writing, FLR (Flare) is currently priced at $0.02, with a 14.64% rise in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $1.696 billion, an increase of $217 million compared to yesterday. Flare is a full-stack layer one solution designed for data-intensive use cases. It is EVM compatible and utilizes a proof of stake ( PoS ) mechanism to ensure significant and consistent economic security. The core protocol of Flare is integrated into the blockchain, inheriting the economic security of the entire network. Important news about FLR recently: 1️⃣ **FLR token hits a new weekly high** The FLR token has recently performed strongly, with its price breaking through previous resistance levels and reaching a new high for the week.
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FLR-3%
07:40

HUAHUA (Chihuahua) has risen 11.22% in the last 24 hours.

Gate News Bot news, July 17, according to CoinMarketCap data, as of the time of writing, HUAHUA (Chihuahua) is currently priced at $0.000033, with a rise of 11.22% in the last 24 hours, reaching a high of $0.000033 and a low of $0.000027. The current market capitalization is approximately $3.06 million, an increase of $308,800 compared to yesterday. Chihuahua is the first interoperable meme coin in the Cosmos ecosystem, featuring a POS blockchain. As a Cosmos meme coin, Chihuahua is built on a decentralized network based on the Cosmos-SDK, utilizing the Proof of Stake (POS) consensus mechanism. It includes the native token HUAHUA, which is used for staking and earning rewards. Chihuahua has low
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ATOM-1.38%
MEME-2.68%
06:54

BB (BounceBit) has pumped 19.50% in the last 24 hours.

Gate News Bot news, July 16, according to CoinMarketCap data, as of the time of writing, BB (BounceBit) is currently priced at $0.11, with a rise of 19.50% in the last 24 hours, reaching a high of $0.12 and a low of $0.09. The current market capitalization is approximately $779,000, an increase of $127,000 compared to yesterday. BounceBit is a CeDeFi infrastructure project dedicated to providing high-yield products, re-staking use cases, integration of real-world assets (RWA), and CeDeFi as a service, making high-yield opportunities accessible to everyone. The BounceBit chain is a PoS Layer 1 supported by dual tokens BTC and $BB, leveraging the security of Bitcoin and fully compatible with EVM. By designing liquidity custody tokens (LCTs).
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BB-5.2%
13:34

Polygon plans to deploy the Heimdall 2.0 upgrade this week, which may be the most complex Hard Fork to date.

Odaily News Polygon Foundation CEO Sandeep Nailwal announced the deployment of a new consensus layer called Heimdall 2.0 on Thursday. He stated that this upgrade would enhance the backbone of the Polygon attestation (PoS) Blockchain, reducing the blockchain's finality to about five seconds, but with extremely high complexity, possibly the most complex hard fork the network has ever seen. (Cointelegraph)
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06:51

Crypto Whale Makes $963K Profit Trading FARTCOIN for SOL

Gate News bot message, a notable cryptocurrency transaction occurred where a whale sold 1.459M FARTCOIN for 10,509 SOL (equivalent to $1.57M) at $1.07 per token. The transaction concluded with the funds being deposited into a centralized exchange. The trader had initially purchased the FARTCOIN pos
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FARTCOIN-4.73%
SOL-0.96%
05:31

The first Solana Staking ETF will begin trading on July 2.

The first Solana stake ETF ($SSK) will trade on July 2, offering Spot investment and stake returns. This innovative structure avoids regulatory challenges and may promote the development of PoS products, aiding in the mainstream adoption of digital assets. The Solana price has risen over 5% due to ETF listing expectations, but there is pressure from unlocking and dumping.
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SOL-0.96%
02:53

The BTTC 2.0 cross-chain network White Paper is officially released globally.

Odaily News According to official Twitter news, the BTTC 2.0 cross-chain network White Paper has been globally released. This version is based on a three-layer architecture and PoS Consensus Mechanism, building a decentralized cross-chain infrastructure to achieve efficient synchronization of assets and states, significantly enhancing cross-chain transaction processing capabilities. Through a pluggable governance framework and validators' collaboration mechanism, the system ensures governance transparency and relies on smart contracts to achieve automated incentive distribution, fully practicing the principle of Decentralization and strengthening its decentralized characteristics.
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10:10

Blockdaemon launches non-custodial staking and Decentralized Finance for institutions.

According to ChainCatcher news and Cointelegraph reports, leading crypto infrastructure provider Blockdaemon has launched a non-custodial yield service called Earn Stack for institutional clients, supporting DeFi yields and PoS staking for over 50 protocols. This service complies with SEC guidelines and has ISO 27001 and SOC 2 verification, supports no-code integration and multiple APIs, and provides slashing protection, liquidity aggregation, and cross-chain.
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DEFI-8.79%
10:10

Blockdaemon launches institutional non-custodial staking and Decentralized Finance

According to ChainCatcher news reported by Cointelegraph, Blockdaemon, a leading provider of encryption infrastructure, has launched a non-custodial yield service called Earn Stack for institutional clients, supporting DeFi yields and PoS stake across over 50 protocols. The service complies with SEC guidelines, has ISO 27001 and SOC 2 verification, supports no-code integration and multiple APIs, and offers slashing protection, liquidity aggregation, and cross-chain Staking features.  
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DEFI-8.79%
14:55

The co-founder of Polygon and its zkEVM team have spun off to establish the independent zero-knowledge project ZisK.

According to the Gate News bot, Polygon co-founder Jordi Baylina and his zkEVM team have transformed into an independent company called Zisk, and the foundation is preparing to phase out the underutilized zero-knowledge EVM network. Baylina said in an article by X that ZisK will focus on the low-latency, open-source zkEVM proof technology. Blockchain provers are used to verify the validity of transactions or on-chain data without revealing the underlying information. According to Zisk's website, the project was incubated within Polygon Labs in May 2024 and officially operated independently on June 13. Previously, the Polygon Foundation underwent a leadership change, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. Nailwal outlined plans to deprecate the zkEVM chain while shifting resources to the Polygon PoS and Agglayer cross-chain aggregators.
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BOT-4.41%
12:47

Namada(NAM) will be listed for trading on Gate. Staking GT or USDT can share 1.42 million NAM Airdrop rewards.

Gate News bot news, according to the platform announcement on June 17, 2025: Gate will launch the Namada( spot trading on June 19, 2025, at 18:00 (UTC+8), opening the NAM/USDT trading pair. At the same time, the platform will hold a Launchpool event lasting over 20 days, where users can participate by staking GT, USDT, and NAM to share a total reward of 1,428,572 NAM tokens. The event will be conducted in two phases: the first phase is from June 17, 2025, 21:00 to June 19, 21:00, with a prize pool of 230,000 NAM; the second phase is from June 19, 21:00 to July 9, 21:00, with a prize pool of 1,198,572 NAM. The system will distribute rewards hourly based on the proportion of users' staked assets. Namada is a Layer-1 blockchain project based on Proof of Stake (PoS), dedicated to building a multi-chain composable privacy layer. The project is developed in Rust and implements cross-chain communication through the CometBFT consensus mechanism and IBC, aiming to provide data protection services for existing chains, DApps, tokens, and NFTs. The total supply of the project token NAM is 1 billion.
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NAM11.58%
GT-2.92%
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01:10

Vitalik's Hong Kong Pop-X Event Interview: Discussing the Development of Ethereum Technology and Future Plans

Gate News bot message, During the Hong Kong Pop-X event, Ethereum founder Vitalik gave an interview. He discussed in detail multiple technical directions for Ethereum's development, including POS upgrades, Layer 2 security and interoperability, challenges of centralized PBS architecture, and the development of ZK and AI technologies. Vitalik clearly pointed out that the price performance of ETH has no direct correlation with the consensus mechanism. He elaborated on the balance between decentralized underlying architecture and limited centralized power, and proposed ideas for improving Layer 2 interoperability and security through the protocol layer. In addition, he also introduced specific plans to enhance the scalability and role value of the Ethereum mainnet. In terms of the developer ecosystem, Vitalik calls on developers to fully utilize new technologies and focus on building valuable and sustainable applications. Source: DappLearning
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POP-5.31%
ETH-1.83%
09:10

Pacific Securities: The future development potential of Digital Money is enormous, and companies in the upstream, midstream, and downstream have investment opportunities.

Gate News bot news, Pacific Securities research report believes that the future development potential of Digital Money is enormous, and technology and service companies in related fields have investment opportunities. Among upstream companies, those involved in encryption and cybersecurity will benefit directly, and it is recommended to follow companies with technological advantages. Midstream bank IT service providers will also gain from bank system upgrades and the promotion of Digital Money. On the downstream side, the transformation of hardware and software Wallets and terminal devices will bring new business opportunities, especially in the upgrade field of devices such as POS machines and ATMs, which is worth paying special attention to.
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BOT-4.41%
ATM-2.84%
16:37

Yili Hua: BlackRock bets on Ethereum RWA, ETH rises as a safety necessity

Golden Finance reported that Yi Lihua, founder of LD Capital, posted on the X platform, "Another reason for ETH bullishness, BlackRock issued BUIDL, a tokenized money market fund, with its custodial treasury bonds and repurchase agreements as the underlying assets, the current size of the fund is about 2.9 billion US dollars, of which 2.68 billion are deployed on Ethereum, accounting for more than 92%. BlackRock's stock of short-term bonds and similar assets is about 1 trillion yuan, and the market penetration rate of this fund is less than 1,000. However, the current attack cost on Ether is still too low, as a POS chain, the number of pledges of Ethereum in June is 34.65 million, close to 30% of the circulating supply, that is to say, the total circulating supply is 11,550, and the attacker needs to master 34% of the staking equity, which is about equal to about 10% of the circulating market value of Ether, which means that the attack cost is only 31.5 billion
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ETH-1.83%
RWA-2.82%
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02:16

SEC Statement: Some PoS protocol staking activities do not require securities registration.

Gate News bot message, the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance has released the latest statement, clearly stating that certain staking activities under the attestation (PoS) mechanism do not require securities registration. The statement specifically lists three types of staking that do not require sign up: self-staking, self-custody staking through a third party, and compliant custodial staking. The SEC pointed out that the aforementioned staking activities fall under the category of administrative and operational activities, with their staking rewards reflecting compensation for network verification services, rather than investment returns derived from the efforts of others, failing to meet the definition criteria for securities under the "Howey Test." Source: U.S. SEC Division of Corporation Finance
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BOT-4.41%
14:05

Merlin Chain launches a 45% annualized MERL six-month fixed stake, with the first 1000 addresses enjoying a 200% seven-day limited time rewards.

Odaily Planet Daily News Bitcoin Layer2 Solution Merlin Chain announced the launch of the MERL token staking program, providing an annualized fixed income of 45%, with a lock-up period of 6 months, during which you can claim income at any time. In addition, the first 1,000 addresses that participate in the regular staking (as of June 20) will receive a 7-day limited-time early bird reward with an annualized yield (APR) of up to 200%, which is expected to be distributed on June 21. According to reports, Merlin Chain has conducted three phases of PoS Prestage stake activities, with a total of 108 million MERL participating in flexible staking. The fixed income plan launched this time will run alongside the existing 15% Annual Percentage Rate for current staking, aiming to provide more options for long-term holders of MERL. In the future,
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MERL-9.1%
04:44

A Whale unstaked 526,000 LPT and transferred to a CEX, expected to profit 2.01 million USD.

According to Gate News bot, on-chain analyst Yu Jin has monitored that a whale/institution redeemed 526,000 LPT from the LPT PoS staking contract in the past hour, ( 481 million USD ) and then transferred it to a CEX. These LPT were withdrawn from the CEX and staked at a price of 5.9 USD between February and April. LPT has risen by 55% in the past week, which is likely the reason for his choice to redeem LPT and transfer it to CEX to take profit, with an expected profit of 2.01 million USD.
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LPT-1.93%
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00:25

Polygon provides a $300,000 grant to Folks Finance to promote cross-chain lending on the PoS network.

Odaily News Polygon provides a $300,000 grant to the decentralized lending protocol Folks Finance to support its deployment of cross-chain lending solutions on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience. According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, allowing users to collateralize assets on one chain and seamlessly borrow on another chain. This solution operates through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding asset security and operational complexity issues associated with traditional bridging. This funding will be distributed in three installments, with the first installment of 100,000 USD equivalent in MATIC tokens already issued. Pol
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