Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. Go to Source Powered by WPeMatico
Polygon
Auto Added by WPeMatico
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, … Read more
Polygon announces scalable data availability infrastructure Avail
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, ADA, SOL, MATIC, KLAY
Bitcoin’s consolidation in the current range could create trading opportunities for ADA, SOL, MATIC and KLAY over the coming days. Go to Source Powered by WPeMatico
Polywhale Finance founders accused of rug pull amid abrupt shut down
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday. Go to Source Powered by WPeMatico
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Go to Source Powered by WPeMatico
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one … Read more
Polygon committing $10M to reach 1M users using 0x API
The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem.” Go to Source Powered by WPeMatico
Funds locked in Aave soar past $20 billion amid layer-two embrace
Aave’s TVL has soared past $20 billion, with one-third of capital coming from its deployment on layer-two, Polygon. Go to Source Powered by WPeMatico
Beyond Dogecoin: The 5 hottest cryptos on Twitter this month
Elon Musk doesn’t have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May. Go to Source Powered by WPeMatico
