🪙 Crypto News (June 12, 2024):

1️⃣ Fortune: The developer behind the decentralized exchange #Uniswap has acquired the rising crypto game Crypto: The Game (CTG), styled like a reality show, just in time for the start of the next "season." 🎮

2️⃣ Katherine Minarik: Former #Coinbase employee Katherine Minarik is set to become the Chief Legal Officer at Uniswap Labs. 👩‍⚖️

3️⃣ Binance: Venture arm #Binance Labs has made an undisclosed investment in the Ethereum-based Layer 2 network Zircuit. Zircuit represents a new approach to network security with its innovative L2 solution. 🔐

4️⃣ Symbiotic: The developers at #Symbiotic have announced the launch of a "permissionless flexible restaking protocol." Positioned as a competitor to EigenLayer, this project has secured $5.8 million in seed funding from venture firms Paradigm and Cyber Fund. The co-founders of Cyber Fund, Konstantin Lomashuk and Vasily Shapovalov, are also known for their leading liquid staking project, Lido. 💸

5️⃣ Polygon Labs: #Polygon Labs has unveiled the Community Treasury to fund projects on the Polygon and Ethereum blockchains. Over the next 10 years, the fund will distribute 1 billion POL tokens, with 100 million POL allocated each year to reward developers. 💰

👍 If you haven't already, please subscribe, give us a like, or leave a comment!