
JP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.

Succinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.

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JP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.

Succinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
Disney has selected Polygon as a participant in Disney’s 2022 Accelerator program, a business and development program looking to develop new technologies within AR, NFTs, and AI. During the course of the program, each participating company will receive guidance from Disney’s senior leadership team, as well as a dedicated executive mentor. Polygon was the only Web3 company selected for the accelerator program. The other participants include Flickplay, Inworld, Obsess, Red6, and Lockerverse. The selected participants mark a potential play into the metaverse landscape for Disney.
MetaMask Mobile released v5.3 of its application with support for adding popular networks with a few clicks. Users can now click on “add network” and select from a pre-filled list of networks to add. The update includes integrated support for Avalanche, Arbitrum, Binance Chain, Fantom, Harmony, Optimism, Polygon, and Palm. The feature will be added to MetaMask’s Chrome extension in the next update.
ETH leaderboard developer Greg Skrill released ENS Fairy, a dapp for gifting ENS domains. The tool removes three transactions from the typical process of buying and gifting a domain. The dapp also has an ENS Fairy Vault, a multisig wallet managed by validator.eth and nick.eth to keep the names of brands and public figures safe until they're ready to be gifted.
Crypto lending platform Celsius has filed for Chapter 11 Bankruptcy nearly a month after freezing customer accounts on June 12th. Under Chapter 11 Bankruptcy, a company remains in possession of assets and has the authority to operate a business while undergoing a restructuring process. In its filing, Celsius requested continued payment of employee salaries and benefits without disruption. The company did not request authority to allow customer withdrawals. Celsius holds $167 million in cash which will in part be used to support operations. A new court filing revealed the company has a $1.3 billion hole in its balance sheet.
Disney has selected Polygon as a participant in Disney’s 2022 Accelerator program, a business and development program looking to develop new technologies within AR, NFTs, and AI. During the course of the program, each participating company will receive guidance from Disney’s senior leadership team, as well as a dedicated executive mentor. Polygon was the only Web3 company selected for the accelerator program. The other participants include Flickplay, Inworld, Obsess, Red6, and Lockerverse. The selected participants mark a potential play into the metaverse landscape for Disney.
MetaMask Mobile released v5.3 of its application with support for adding popular networks with a few clicks. Users can now click on “add network” and select from a pre-filled list of networks to add. The update includes integrated support for Avalanche, Arbitrum, Binance Chain, Fantom, Harmony, Optimism, Polygon, and Palm. The feature will be added to MetaMask’s Chrome extension in the next update.
ETH leaderboard developer Greg Skrill released ENS Fairy, a dapp for gifting ENS domains. The tool removes three transactions from the typical process of buying and gifting a domain. The dapp also has an ENS Fairy Vault, a multisig wallet managed by validator.eth and nick.eth to keep the names of brands and public figures safe until they're ready to be gifted.
Crypto lending platform Celsius has filed for Chapter 11 Bankruptcy nearly a month after freezing customer accounts on June 12th. Under Chapter 11 Bankruptcy, a company remains in possession of assets and has the authority to operate a business while undergoing a restructuring process. In its filing, Celsius requested continued payment of employee salaries and benefits without disruption. The company did not request authority to allow customer withdrawals. Celsius holds $167 million in cash which will in part be used to support operations. A new court filing revealed the company has a $1.3 billion hole in its balance sheet.
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