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Quick Take Polygon developers have migrated the MATIC token to POL after a year of extensive community-led discussions. POL is now the new ticker symbol for the native gas and staking token on the Polygon PoS chain.
Quick Take The central bank said it examined the Dallas bank in May 2023 and found those shortfalls in its governance and in the oversight by its board of directors and senior management. This marks the second time in a month that the Federal Reserve has issued enforcement actions against a crypto-adjacent bank.
Share link:In this post: Vitalik Buterin moves 1.268 million STRK tokens from Starknet’s Locked Grant to his wallet. Buterin’s total STRK holdings account for over $854K at the time of this press. Buterin has been actively transacting in other tokens, including moving 800 ETH ($2.01 million) to a multi-sig wallet.
Quick Take ApeCoin unveiled a new set of initiatives called BluePrint to incentivize Bored Ape Yacht Club-themed community developments ahead of the launch of the much-anticipated ApeChain network, which a Yuga Labs employee confirmed “will be launching soon.” The project is integrating Arbitrum’s Stylus coding platform and doubling down on its recently launched Reboot Protocol to spur the creation of consumer applications.
The new buyback and burn process is set to begin immediately.
- 02:47An address followed the Letsbonk.Fun founder's wallet, earning 767 SOL within 3 hoursOdaily report: According to the on-chain analysis platform @lookonchain, a trader profited 767 SOL (approximately $112,000) by following the Letsbonk.Fun founder's wallet operations within 3 hours. The trader spent 50 SOL (about $7,395) to purchase 270 billion Grassito tokens in the same block as @SolportTom and then sold them all, cashing out 817 SOL (approximately $119,500).
- 02:47Bitlayer Announces Integration of BitVM Bridge with Monad Testnet, Unlocking New Experiences for BitVM ProductsAccording to Odaily news, on April 29, the project Bitlayer, which implements BitVM technology based on the Bitcoin ecosystem, announced that the BitVM Bridge has been integrated into the Monad Testnet. This allows users to experience cross-ecosystem BTC bridging with minimized trust. Monad is an emerging high-performance Layer 1 network, with total active users exceeding 9.8 million and over 69 million independent wallets. After this integration, Monad's vast number of ecosystem users will have the opportunity to directly experience the first application based on BitVM, the BitVM Bridge. This will enable the bridging of vBTC from the BitVM Bridge Testnet (BitVMNet) to the Monad Testnet, minting the corresponding YBTC, and exploring the financial yield potential of YBTC within the Monad ecosystem. Meanwhile, BitVM Bridge now supports bridging YBTC back to BitVMNet, and users are welcome to log in and experience it.
- 02:47Future Focus of the Ethereum Foundation: Mainnet Expansion, Blobs Expansion, and Improving User ExperienceAccording to ChainCatcher, in an official announcement, the newly appointed Co-Executive Directors, Hsiao-Wei Wang and Tomasz StańCzak, have disclosed their development priorities for the upcoming year for the first time. The statement indicates that the Ethereum Foundation will focus on three main areas: mainnet expansion, expansion of blobs, and improving user experience (including layer 2 network interoperability and application layers). The Foundation will continue to uphold its four core values: censorship resistance, open-source innovation, privacy protection, and security. The two Executive Directors expressed their commitment to enhancing internal operations, improving developer and user experience, refining ecosystem coordination, and maintaining Ethereum as a decentralized public good. Furthermore, the Foundation will strengthen its collaboration with layer 2 networks to achieve ecosystem synergy through optimized architectural design and interoperability.