Cointime

Cointime

Download App
iOS & Android
Home / Tech

Polygon zkEVM total locked volume (TVL) briefly exceeded 60 million US dollars

According to L2Beat data on October 22nd, the total value locked (TVL) of Polygon zkEVM briefly exceeded $60 million and is currently at $596,800, with a 24-hour increase of 13.27%.

Layer2
Comments

All Comments

Recommended for you

  • Japan and the United States launched the seventh round of ministerial tariff negotiations, Akazawa and Lutnik held talks

     June 28th, according to Jinshi data and the report from Kyodo News, Japanese Minister of Economic Revitalization Akazawa Ryo is meeting with US Commerce Secretary Lutnick in Washington on the 27th local time. The seventh round of ministerial-level negotiations between Japan and the United States has begun around the high tariff policy of the Trump administration. The Japanese government stated: "There have been fruitful discussions. We will continue to coordinate fully between Japan and the United States to reach an agreement that is beneficial to both sides." Akazawa Ryo did not immediately accept media interviews after the negotiations. The meeting between the two lasted about 1 hour. Considering that the deadline for the suspension of the additional tariffs is until July 9th, and Japan will hold the House of Councillors election on the 20th, Akazawa Ryo requested a significant reduction in the tariff rate for automobiles, which the Japanese government considers as "national interest."

  • Coinbase German executives use high-end services to attract conservative investors to the crypto market

    according to DL News, Coinbase's Germany area manager Denny Morawiak is using a "white glove" service strategy to attract high-net-worth individuals in Germany to invest in cryptocurrencies.As the largest economy in Europe, German investors are known for risk aversion, with only 8% of the population holding crypto assets, far lower than the 25% in the UK. Morawiak aims to change the traditional investment habits of Germans, who rely on savings and pensions, by targeting wealthy entrepreneurs through sponsorships of Borussia Dortmund football club, organizing elite events, and more.He stated: "We are a wealthy country, but relatively speaking, the people are not wealthy, which is a shame."

  • Binance: Users holding at least 248 Alpha Points can claim the first phase of DMC token airdrops

    according to official sources, Binance will list DeLorean (DMC), with Alpha trading opening on June 24, 2025 at 19:00, and contract trading opening on June 24, 2025 at 21:00. Eligible Binance users can use Binance Alpha points to claim 4800 DMC tokens within 24 hours after trading begins on the Alpha activity page.Binance Alpha airdrop will be distributed in two phases: Phase one (first 18 hours): Users holding at least 248 Alpha points can claim. Phase two (last 6 hours): Users holding at least 210 Alpha points can participate in the second phase of the airdrop, first come first served, until the airdrop pool is exhausted or the activity ends.

  • Negentropy Capital announces dissolution, remaining funds and project quotas to be liquidated

    Negentropy Capital founder Billywen.sol announced on social media platform, "After thinking about it, I have decided to dissolve the negentropy capital that I and two other partners have created, liquidate the remaining funds and investment project quotas of the negentropy fund, partners take what they should, and I will start over as a solo VC independent investor like Ma Gang."Recently, there has been a liquidity crisis in the currency circle, and at a time when there seems to be no hope, I feel a force that compels me to do something. It is not just about making money, but a sense of mission. It is time for the currency circle to change, to truly change traditional banks, payments, stocks and securities, and even legal tender!"

  • Nauru plans to legislate to establish a virtual asset management agency and position itself as a cryptocurrency hub in the Pacific

    according to FinanceFeeds, the Republic of Nauru plans to legislate the establishment of a specialized agency to regulate digital assets, the new agency is called Command Ridge Virtual Asset Authority (CRVAA), which will be responsible for regulating virtual asset service providers and helping the island nation become a center for digital asset activities.Nauru President David Adeang stated that the newly established regulatory agency will be at the core of Nauru's broader strategy aimed at ensuring the economic resilience of Nauru.

  • Alchemy Pay plans to launch Alchemy Chain in Q4 and issue stablecoins

    according to official announcement, Alchemy Pay plans to officially launch Alchemy Chain in the fourth quarter of 2025, followed by issuing its own stablecoin, aiming to become a central exchange hub for global and local stablecoins, promoting compliant and efficient cross-border value flow.The platform will support frictionless conversion between global stablecoins (such as USDT, USDC) and local stablecoins (such as EURC, MBRL), aggregating liquidity across chains and jurisdictions.

  • Ford to serve as advisor to Cardano’s decentralized cloud service protocol Lagon

    according to Cointrust, Ford Motor Company announced that it will serve as an advisor to the decentralized cloud service Lagon based on the Cardano blockchain. This collaboration marks another move by the automotive giant into the blockchain field, as Ford will work with legal tech company CloudCourt to conduct a Proof of Concept (PoC) project, focusing on the digitization and security of legal data. The plan aims to address a long-standing issue for large enterprises: managing and protecting sensitive legal documents, such as court records, testimonies, and compliance reports. The project combines Cardano blockchain with AI technology to provide immutable audit trails for legal documents in a zero-trust architecture.

  • Institution: The Fed is not in a hurry to ease policy, but may still cut interest rates in September

     Allspring's analyst Matthias Scheiber said that due to the ongoing uncertainty surrounding tariffs and the continued strength of the U.S. labor market, the Federal Reserve has taken a "wait-and-see" approach to interest rates, as widely expected by people.The multi-asset solutions manager said, "From our perspective, the next possible window for the Federal Reserve to cut rates will be in September." Allspring expects that if the inflation rate continues to decline towards the target level of 2.0%, the Fed may cut rates twice this year.

  • White House adviser: Cryptocurrency bill is "very close" to passage

    White House advisers said that the cryptocurrency bill is "very close" to passing, and the bill will create demand for the US dollar.

  • U.S. Treasury yields retreat slightly after data

    the US Treasury bond yields fell slightly after the data was released; the two-year US Treasury bond yield fell by 1.1 basis points to 3.939%, the 10-year bond yield fell by 2 basis points to 4.371%, and the 30-year US Treasury bond yield fell by 2.4 basis points to 4.869%.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company