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
Missed Dogecoin’s (DOGE) $0.004 to $0.74 Run in 2021? This Token Will Beat That Performance in 60 Days, Or Less
Ripple’s (XRP) bullish signals point to a $5 breakout, but here’s why a token under $1 could steal the spotlight
TON price soars as Telegram allows conversion of gifts into NFTs on The Open Network
Analysis Firm Says Bitcoin Rally Has Slowed Down, Points to This Level for Bottom!
Bravo Research analysts have claimed that the Bitcoin rally could lose momentum in early 2025.
Trending news
MoreCrypto prices
More
