Polygon MATIC Sees 16% Surge in the Past Week, 48% Increase Since Late December

• Polygon MATIC saw a 16% surge in the past week, reaching a 48% increase since late December last year. • The token is currently valued at $1.09 and has a $1.19 billion trading volume with a $9.4 billion market cap. • Partnerships and launches such as the AMA with Ovix Protocol, Giddy DeFi teaming Read More

ENS DAO Proposes Liquidating 10,000 ETH, Community Debates Impact

• The ENS DAO has proposed liquidating 10,000 ETH to fund running expenses over the next two years. • The DAO currently has a balance of 40,746 ETH and 2.46 million USDC. • Ethereum staking has been increasing in popularity despite the sell reports. The Ethereum Name Service (ENS) DAO has recently proposed a governance Read More

Bitcoin Breaks $18K: Is This a Bear Market Rally or the Start of a New Bull Run?

1. Bitcoin’s circulating supply in profit has increased to 60.5% following its rally above the $18,000 mark. 2. Data from Glassnode indicates that most BTC tokens were procured between the $16.5k and $18.2k price points. 3. Industry experts are debating whether this is a bear market rally or the end of the bear market. The Read More

YC Warns Startups: Prepare for Economic Turmoil in 2023

• Y-Combinator (YC), a US venture capital fund, is expecting even more economic turmoil in 2023. • YC advises project leaders to revert to “survival” mode as fundraising could be challenging in the next few months. • YC suggests that the best move forward is to plan for the worst and to cut costs, anticipating Read More

OKX Enhances Security with Comprehensive API Key Measures

• OKX has implemented API key security measures to increase user protection against external threats. • These measures include auto-expiry of API keys with trade and withdrawal permissions that have been inactive for 14 days, a third-party whitelist, a “Fast Connect” API, and a risk engine to alert users to suspicious transactions. • Haider Rafique, Read More

Israel Seeks to Regulate Cryptocurrencies to Protect Investors

• The Israel Securities Authority (ISA) has proposed draft amendments to regulate cryptocurrencies. • The amendments are intended to protect citizens from the risks associated with crypto trading. • The proposed laws would put digital assets under the same rules governing stocks, ETFs, and other instruments. The Israel Securities Authority (ISA) is proposing draft amendments Read More