Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon
Airdrop hunters flocked to MetaMask Swap and the Polygon network in an effort to qualify for a possible token distribution from the popular cryptocurrency wallet provider. Five- to six-figure-size airdrops have become the new norm in the crypto sector, and a growing number of analysts believe there are more to come. In September, dYdX distributed a massive airdrop to early users, and last week, the Ethereum Name Service gave out roughly $17,000 to $30,000 in ENS tokens to platform users. Anticipation of additional “helicopter money” has also led to a flurry of airdrop hunters seeking out....
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In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more. The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits over the past week. MetaMask expanded its institutional offering by partnering with four institutional custodians, while Polygon has pledged to go carbon neutral.We will also look at how users can bridge different tokens to the Polygon network and look into....
The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. Related Reading: Chainlink (LINK) To Hit New Highs? Analysts Predict $25 Target SEC Accuses Consensys Of Violating Securities Laws Using Metamask According to the court document, the SEC claims that Consensys has acted “as an unregistered broker of crypto asset securities through its MetaMask Swaps service” since October 2020. The Commission also accused the crypto....
Back in January, popular exchange infrastructure Ox launched an NFT Swap Standard on Ethereum. Powered by the fourth iteration of its protocol (v4), the standard will be launched on Polygon, Binance Smart Chain, Fantom, Avalanche, Celo, and multiple blockchains. Related Reading | Aave To Introduce A Decentralized Social Media Platform Built On Polygon The NFT […]
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added bank-to-crypto transfers through the ACH company Sardine. “With Sardine’s new instant ACH integration, you can buy crypto instantly with no settlement delays,” Consensys explains in the recently....
In the past couple of days, the mainnet launch of the Aptos blockchain and the accompanying airdrop made big waves in the crypto space. While the long-unknown tokenomics and token distribution have sparked a lot of controversy, airdrop beneficiaries have been able to enjoy free crypto. You missed the APT airdrop from Aptos and are now upset about it? Don’t worry. There are no less than 5 very promising projects that could be doing an airdrop in the coming weeks and months. We’ll tell you which projects these are and what you should do to possibly be eligible for the airdrop.....