ApeCoin integrates with Polygon amid NFT mint backlash and speculation

Singapore News News

ApeCoin integrates with Polygon amid NFT mint backlash and speculation
Singapore Latest News,Singapore Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

A new chain for APE? Not yet. Instead, ApeCoin announces its integration with Ethereum sidechain Polygon after the recent Yuga Labs’ Otherdeeds NFT minting incident.

the DAO to think of migrating to a new chain, Siu noted that there was no discussion among the DAO's board members nor with other parties about the possibility of an APE chain.

Despite the clarification, some are not convinced and are still unhappy wiith the results of the event. Twitter user MetaMan said that the facilitators of the event should simply admit that they messed up and that it was a bad idea.Why can’t Yuga admit what everyone in the space knows — they messed up, the smart contract wasn’t optimized, the KYC free-for-all was a bad idea, the initial response blaming Ethereum was absurd.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solana suffers 7th outage in 2022 as bots invade the networkSolana suffers 7th outage in 2022 as bots invade the networkAnother crash for the Solana network. It suffered a seven-hour outage overnight between Saturday and Sunday due to a large number of transactions from NFT minting bots. (Reporting via jessecogo)
Read more »

Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale – Bitcoin NewsShakhtar, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs) to raise funds for war-affected Ukrainians.
Read more »

VanEck Announces Launch of NFT Collection Powered by EthereumVanEck Announces Launch of NFT Collection Powered by EthereumVanEck has partnered with South Korean creative NFT agency for the launch of is new NFT collection.
Read more »

2 Trillion Shiba Inu Whales Grab $9 Million in APE: Report2 Trillion Shiba Inu Whales Grab $9 Million in APE: ReportThese major Shiba Inu whales have laid their hands on more than half a million ApeCoin as APE is among most popular whale holdings now
Read more »

Entertainment Museums Among Clients Leveraging Collections Into NFT MarketplaceEntertainment Museums Among Clients Leveraging Collections Into NFT MarketplaceA few entertainment museums are climbing aboad the non-fungible tokens (NFT) train, using their images as a fundraising tool. Hammered financially by the drop in attendance during the pandemic, suc…
Read more »

Global investment manager VanEck launches NFT collectionGlobal investment manager VanEck launches NFT collectionVanEck said the purpose of the collection is to demonstrate real-world utility for digital assets and to educate holders on the crypto space.
Read more »



Render Time: 2025-04-08 09:49:08