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Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Biconomy’s Hyphen enables low-cost transfers between Ethereum and Polychain
10.8.2021
Biconomy is planning to launch its native token, BICO, in the near future. The company also claimed that it will expand to support over 30 decentralized applications
Hackers stole at least $600M in Poly exploit across three chains
10.8.2021
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses
Cryptomeda Integrates Chainlink VRF on Polygon Network
10.8.2021
Cryptomeda has integrated Chinlink’s own Verifiable Random Function (VRF) on the Polygon blockchain network to generate randomized attributes. Chainlink’s oracle network is completely decentralized and one of the topmost in the industry. Hence, the assimilation will fortify the security of...
Adamant Finance and IDEX Join Hands on Polygon
9.8.2021
Adamant Finance has just announced a warm welcome to their future partner, IDEX. Adamant Finance is welcoming IDEX to the Polygon network. The two teams have announced their plans to collaborate. IDEX was launched a few years back in 2017. Its biggest claim to fame is the fact that it was...
Real Polygon Keeps Getting Spammed By Shady Polygon
6.8.2021
Polygon is an American video game website that publishes blogs, news, reviews, and such. Polygon, according to its website, is “a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.” Despite similar logos and Tweets from the blockchain network plaguing...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Polygon Adopts NFT-Established PolyBabyDoge for Meme Grants
2.8.2021
The crypto market environment of PolyBabyDoge is established to promote a meme-rooted platform integrated with enticing crypto profits and brand affinity. Its core principles are to render smart functionalities for computerized staking and buyback hallmarks for crypto owners’ compensations....
DHedge scales up on Polygon, integrates with SushiSwap
2.8.2021
dHEDGE’s “v2” Polygon deployment boasts a SushiSwap integration enabling asset managers to access Sushi’s DEX and yield farming functionality
Binance completes Polygon wallet integration
30.7.2021
The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge
Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated
28.7.2021
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million...
Polygon (MATIC) Price Action Replicates April’s Bull Run!
26.7.2021
MATIC is currently ranked at 17th position among the leading cryptocurrencies with a market capitalization of close to $7 billion. The recent bull run in the last week that gave investors a 38% ROI has fueled newfound value to the polygon network. What started as a network for creating...
Wyre Partners with Polygon for Streamlined DeFi
23.7.2021
Wyre is focusing hard on expanding the DeFi ecosystem. This time, it has entered into a partnership with Polygon to improve the infrastructure of payment and fiat-crypto onramps of the DeFi ecosystem. At present, the developers at Polygon are working on integrating Card Processing and Checkout...
NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
22.7.2021
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher,...
MoonPay: the First-Ever US Global Fiat On-Ramp to Polygon
21.7.2021
MoonPay is thrilled to announce that they are supporting the purchase of MATIC to keep the Polygon intact. In addition, the same venture will make MoonPay the US’s first-ever fiat on-ramp in the Polygon ecosystem. Polygon is an Ethereum-based protocol to sidestep Ethereum’s glaring problems...
Polygon (MATIC) Breaks the 200 DMA Support Level
20.7.2021
Despite holding on to its long-term valuation above $1 for the first week of July when all other cryptocurrencies and Alt coins were falling, MATIC has finally succumbed to the selling pressure and overall negativity in the crypto market. This negativity emerges from the grayscale unlocking...
Polygon launches blockchain gaming and NFT studio
19.7.2021
Through Polygon Studios, Polygon is attempting to corner two key segments of the blockchain industry: gaming and nonfungible tokens
Top 5 cryptocurrencies to watch this week: BTC, MATIC, THETA, CRO, LEO
19.7.2021
MATIC, THETA, CRO and LEO could push higher this week if Bitcoin price holds above the $30,000 level
Ethereum, Solana, Polygon & Co Form A New Hot Market Of Blockchains
18.7.2021
Blockchains are proliferating almost at the rate of cryptoassets. There are now blockchains for decentralized finance (DeFi), decentralized exchanges, smart contracts, non-fungible tokens (NFTs), video content, for cloud computing, gaming, marketplaces, and who knows for whatever else.
The market...
Barnbridge Introduced on the Polygon Network
15.7.2021
BarnBridge made the most exciting announcement of launching on Polygon Network by deploying its smart applications SMART Exposure and SMART Yield on the network. According to Polygon MATIC price prediction, the Polygon market of Aave is around 30% of the volume of the v2 market on the mainnet...