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Polygon CEO announces job cuts amid Coinme acquisition

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The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January.

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Coin Market

ZetaChain holders approve plan to wind down L1, move ZETA to Solana

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ZetaChain plans to wind down its Cosmos-based layer 1 and migrate ZETA to Solana, joining other crypto projects moving away from standalone chains.

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Coin Market

Bank of Korea launches 24-hour won settlement pilot for foreign investors

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The Bank of Korea’s new network will let foreign investors settle won transactions during business hours in their home countries.

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Coin Market

Hana Bank taps Euroclear blockchain for $100M bond issuance: Report

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The five-year digital bond reportedly shortened settlement from three to five business days to the same day using Euroclear’s blockchain infrastructure.

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