Category: Polygon

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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. Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post…
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Crypto News Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El Salvador’s BTC Move, Musk vs BTC

  Here is what happened in the Cryptoworld in the second quarter of this year: Total crypto market capitalization in Q2 ____ Learn more:- Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments … Read More: Crypto News Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El…
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Polygon Justifies Its Quiet Hard-Fork Citing ‘Critical Vulnerability’

  Earlier this month, the popular Ethereum (ETH) layer-2 solution Polygon (MATIC) carried out a hard-fork, though in silence and with no official explanation. Now, exactly 24 days later, it justified its actions in a postmortem, citing a critical vulnerability that could have drained the network of MATIC 9.3bn (USD 23.56bn at current rates)…. Read…
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DeFi sector tokens offer shelter as Bitcoin falls below $48.5K

FARM, QUICK and ANT offer crypto traders shelter from the storm as the wider market takes a hit with Bitcoin struggling below $48,500. The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at…
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Binance Gets an Approval from Bahrain and a Fine from Turkey + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Binance Gets an Approval from Bahrain and a Fine from Turkey + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT

If Bitcoin rises from the current level, it could boost the price of MATC, NEAR, ATOM, and HNT in the short term. After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the…
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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. Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology…
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SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Opera to integrate with Polygon, opening dApp ecosystem to 80M users

Browser-crypto integrations have become a major theme as blockchain developers look prioritize ease of use in onboarding new participants. On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of…
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