Polygon CEO Critiques Ethereum L3s
Telegram Integrates TON For Ads, FTX Could Start Creditor Repayments This Year
Welcome to Coinfeeds Daily Digest! Today we cover the FTX bankruptcy estate planning to start creditor repayments by the end of 2024, following the creditors' start of claim submissions on March 1st. Analysts have noticed that an last month's influx of capital into the crypto market saw an all-time-high of $110 billion, and the community is anticipating zkSync's potential airdrop of the ZKS token. Also, Telegram is rolling out in-app purchases of digital ads using Toncoin, and Polygon's CEO has criticized layer 3 networks on Ethereum, saying they can remove both value and security.
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Polygon CEO Critiques Ethereum L3 Networks
Marc Boiron has voiced strong criticism against Ethereum layer 3 networks, sparking a debate within the cryptocurrency community. The critique specifically targets the burgeoning success of platforms like Degen, a memecoin trading platform operating on an L3 network. Boiron's primary concern is that these L3 networks could potentially siphon value and security away from Ethereum. | Read More
Telegram Enables Ad Buys with Toncoin
Telegram has introduced a new feature allowing users to purchase in-platform advertisements using Toncoin (TON). This innovative move not only opens up new avenues for channel monetization but also integrates digital currency into the mainstream advertising ecosystem on Telegram. | Read More
Anticipation Grows for zkSync's Potential Airdrop
One of the main reasons for the heightened interest in the zkSync airdrop is the community's response to previous airdrops, such as the one conducted by Starknet, which left many feeling dissatisfied. In contrast, zkSync's approach, which emphasizes community engagement and the potential for rewarding its users with the ZKS token, has been met with optimism. | Read More
FTX Bankruptcy Estate Plans To Start Repaying Creditors By The End Of 2024
The FTX bankruptcy estate has set a target to begin repaying its creditors by the end of 2024. This ambitious goal was announced during the first meeting of FTX Digital's Joint Official Liquidators in the Bahamas, which was held in coordination with the Chapter 11 bankruptcy estate in the United States. | Read More
Crypto Market Sees Record Monthly Influx of $110 Billion - Analyst
Alongside the influx of capital, the market has also seen significant whale activity. One notable transaction involved the purchase of 1.40 billion Dogecoin, valued at around. | Read More