Hermez Network deposits 4.5 million MATIC into SwissBorg
According to Spot On Chain monitoring, Hermez Network canceled its pledge 2 hours ago and deposited 4.5 million MATIC (3.81 million USD) into SwissBorg due to concerns from the Polygon Foundation about token distribution transparency. Polygon acquired the open-source ZK Rollup for 250 million USD in 2021, and Hermez Network still holds at least 39.92 million MATIC (34 million USD).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum whales add $1B in ETH — Is the accumulation trend hinting at a $5K ETH price?
Pro-XRP lawyer highlights the White House Crypto Council should focus on
Share link:In this post: John Deaton urges repealing SAB 121, creating a US Bitcoin reserve, and revising crypto tax laws to boost adoption under Trump. XRP maintains $3 price level amid bullish trends and market optimism for Ripple Labs’ token. Analysts foresee XRP resistance at $3.23, with potential gains to $3.30 if bullish momentum continues.
Why Saudi’s Billion-Dollar Firm Says NO to Bitcoin—Find Out Now!
Trending news
MoreCrypto prices
More
