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Polygon will create a decentralized autonomous organization
19.8.2021
"As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the platform
Unbound Finance Launches Polygon-Based CrossChain Stablecoin
18.8.2021
Unbound Finance, which specializes in minting UND stablecoins, will attempt to increase the fungibility of the automated management systems based on Polygon by employing Polygon’s high-speed, uncomplicated technology. The Polygon Network is set to become the launchpad for the earliest stablecoin...
Polygon Enters Into Africa With Quidax. Quidax to Launch Self-Service Listing, Celebrates 3 Years
17.8.2021
PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa...
Terra Virtua moves to Polygon blockchain, citing environmental concerns
16.8.2021
"By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact," said Terra Virtua co-founder and CTO Jawad Ashraf
Polygon acquires Hermez Network for $250M, will merge native tokens
13.8.2021
“We believe this is in a way a historical moment since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
13.8.2021
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr....
Polygon Hermez to Scale Ethereum, FTX Supports Bitcoin Devs + More News
13.8.2021
Source: Adobe/H_Ko
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Polygon (MATIC), an Ethereum (ETH) layer 2 scaling solution, and Hermez Network (HEZ), an open-source...
MATIC: When Is The Current Rally Going To Stop?
13.8.2021
MATIC is going crazy with close to 10% of momentum on daily charts. While breaking the 100 DMA and resistance of $1.25 levels has created a huge buying surge on MATIC cryptocurrency, we can expect the really to attempt breaching the $1.70 resistance and trying an attempt at $2.00 soon. Given...
Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
12.8.2021
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Poly Network hacker returns $258M, conducts AMA on how it went down
12.8.2021
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Poly Network hacker returns less than 1% of the $600M theft
11.8.2021
The returned sum represents only a minor portion of the over $600 million stolen from Poly Network
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs
10.8.2021
Polygon allows Teller Finance to port its solutions onto a scalable network, thereby overcoming many of the current challenges associated with Ethereum
Exchange listings and NFT boom lift IoTeX, Rally and Axie Infinity price
10.8.2021
Bitcoin and altcoins are cooling off but data from Cointelegraph Markets Pro shows IOTX, RLY and AXS as the top 24-hour performers
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