The global financial markets have corrected today as the annual CPI that measures price of goods and services and its inflation has reached a 40 year high of 7.5% in the US.
Tezos, a proof-of-stake blockchain that is currently ranked 42 among cryptocurrencies, has also signed sponsorship deals with Formula 1’s McLaren Racing and Major League Baseball’s the New York Mets.
Global crypto exchange Binance has made a strategic investment of around $200 million in Forbes magazine through Forbes and Magnum Opus Acquisition Limited, a publicly-traded special purpose acquisition company .
Polygon, a layer 2 scaling platform for Ethereum co founded by Indians, has raised $450 million in an investment round led by Sequoia Capital with participation from more than 40 venture capital funds including SoftBank Vision Fund 2, Galaxy Digital, Tiger Global and Republic Capital.
White hat hacker Freeman who was responsible for finding the bug has been awarded a bounty of $2 million for his efforts, one of the largest bug bounties till date.