token


Tech

Polygon Sets September Date for Migration to POL Token from MATIC

The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.

Polygon co-founders Sandeep Nailwal (left) and Mihailo Bjelic (Polygon Labs)

Finance

Decentralized Exchange Bluefin to Roll Out Token After Securing $17M in Total Funding

The exchange says it has already seen more than $25 billion in trading volume since the start of the year, with monthly revenues topping $1 million.

Bluefin v2 (Bluefin)

Markets

Martin Shkreli Says He Is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around

The young token made waves in the crypto community over its supposed status as the “official” Trump token. Turns out one of X's biggest loudmouths was behind its issuance.

Former pharmaceutical executive Martin Shkreli on the left points as he exits a courthouse (Drew Angerer/Getty Images)

Tech

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Fantom Foundation CEO Michael Kong (Fantom)

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Policy

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token

The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Tech

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Tech

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Finance

DWF Labs Invests $10M in TokenFi for AI-Push, TOKEN Crosses All-Time High

The purchase will be done over a two-year period, developers told CoinDesk.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

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Tech

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Markets

LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects

As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network.

Airdrop (Viaframe/Getty Images)

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