First cross-chain governance proposal passes on Aave
“It’s a major step forward in multi-chain governance systems,” said the team at Aave. Go to Source Powered by WPeMatico
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Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally. Go to Source Powered by WPeMatico
Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC
MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. Go to Source Powered by WPeMatico
Zero-knowledge scaling tech Plonky goes live on Polygon
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology. Go to Source Powered by WPeMatico
Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani. Go to Source Powered by WPeMatico
Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
Polygon’s scalability, efficient processing times and very low gas fees provide a solution to Ethereum’s current network limitations, according to Nailwal. Go to Source Powered by WPeMatico
Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings
The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced … Read more
Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative
“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian Go to Source Powered by WPeMatico
Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised
Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets. Vulcan is now dealing with … Read more
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the … Read more
