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Polygon Labs pays $4 million for Starbucks partnership, an unusual relationship

Polygon (MATIC) Labs has paid $4 million in 2022 to service the NFT loyalty program Starbucks Odyssey, reports CoinDesk. Usually, when you provide a service, you get paid for it, but in this case, it's the other way around. The source explained that Polygon Labs won the competition against at least three blockchain projects that wanted to partner with Starbucks. However, last week, Starbucks suspended Starbucks Odyssey after 18 months of experimentation. Polygon Labs is now focusing more on technology innovation than partnerships, the source added.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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