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Search Results for: Polygon

SingularityDAO Expands DeFi Portfolio with Cogito Finance’s Tokenized RWAs Integration

SingularityDAO, a decentralized portfolio management protocol and Cogito Finance have teamed to include Real World Assets (RWA) into their forthcoming AI-driven v2 DynaVaults, which will merge DeFi and TradFi by developing both compliant and cutting-edge onchain solutions. Tokenized RWAs from Cogito are backed 1:1 by the underlying asset and are issued as ERC-20

September 18, 2024 3 mins read

POL (Ex-MATIC) Displays Bullish Trends After Binance Listing

Polygon’s rebranded token, POL, previously known as MATIC, is currently showing a positive trend, with its price fluctuating between $0.41 and $0.445. This marks a notable 10% increase over the past week. At the time of writing, POL is trading at $0.4131, with a market cap of $2.93 billion, making

September 14, 2024 2 mins read

Meme Coins to Watch Closely During These Intense Market Swings

The cryptocurrency market continued to struggle to recover from the recent plunge. The global crypto market cap has briefly gained 0.26% to position above $2 trillion, over the last day. Whereas, the total market volume plummeted over 16.70% to $58.65 billion. The largest cryptocurrency, Bitcoin (BTC), is trapped between the

September 13, 2024 2 mins read

Robert Kiyosaki Says Neither Trump nor Harris Can Fix the US Debt Crisis

Robert Kiyosaki, the renowned American businessman and author of the bestselling book “Rich Dad Poor Dad”, has recently shared his thoughts on the current U.S. presidential election. Known for his support of Donald Trump, Kiyosaki took to X (formerly Twitter) on September 11 to express concerns about Kamala Harris, the

September 13, 2024 2 mins read

Indodax Exchange Faces $15 Million Loss After Major Hack

Indonesian cryptocurrency exchange Indodax is facing a significant financial blow following a recent exploit. The losses are estimated at $15 million. According to PeckShield, the platform has experienced a considerable outflow of funds, totaling approximately $15.7 million. These funds have been dispersed across various blockchain networks, including Ethereum, Polygon, and

September 11, 2024 2 mins read

Discord Hacks Hit Major Platforms Like Orderly and Witness Chain

On August 24, 25, and 29, the Discord channels of Polygon, Avalanche, Zksync, and Orderly Network were compromised. In each case, hackers used the channels to distribute harmful links, posing a significant risk to users. On Aug 29, Orderly Network’s official Discord channel was compromised. The protocol recently launched its

August 31, 2024 2 mins read

Space and Time Labs Secures $20M Series A Funding to Boost Blockchain-AI Integration

The firm building the verifiable compute layer, Space and Time (SxT) Labs, announced today that it has raised $20 million in Series A funding to maintain its position as the industry leader at the nexus of blockchain and artificial intelligence. With the Series A equity funding, the firm has raised $50 million

August 28, 2024 3 mins read

Discord Hacks Spread as Avalanche and ZkSync Servers Compromised

Less than two days after the hack of Polygon’s Discord, hackers have now impacted Layer 2 blockchain ZKsync’s and Layer-1 network Avalanche’s official servers. The official Avalanche account reported a hacked Discord server and warned users not to engage with or click on any links in a message to X

August 26, 2024 2 mins read

Solana-based NFT Marketplace Magic Eden to Launch ‘ME’ Utility Token

Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on

August 23, 2024 2 mins read