A hacker used a legacy royalties contract on the Polygon platform and made away with about $261,200 worth of cryptocurrency in recent times. The security firm TenArmorAlert identified the unusual transaction on June 23 and tracked down the exploit transaction. The blockchain shows that the hacker carried out the attack
Assetera has officially launched Europe’s first regulated tokenized real-world asset (RWA) marketplace on the Polygon blockchain. This groundbreaking development marks a significant step for the tokenization of traditional assets, offering investors new ways to access and trade RWAs on a secure, blockchain-powered platform. The platform will allow users to trade
In a significant move, Binance NFT Marketplace has announced it will cease support for the Polygon Network. The change takes effect on September 26, 2023, at 06:00 UTC. This decision aligns with the platform’s ongoing efforts to refine its product offerings. #Binance NFT will be discontinuing The Sandbox NFT Staking
Polygon 2.0, a groundbreaking initiative aiming to establish the Value Layer of the Internet and expand Ethereum (ETH) to the Internet scale, presents a concrete vision for the future. In the pursuit of increasing blockspace, two distinct approaches have emerged: Megachains and multichain environments. Megachains, such as Polygon PoS, opt
Polygon, the world’s largest blockchain ecosystem, has published a proposal to upgrade the Polygon PoS to a zkEVM validium. It is the first decentralized L2 secured by zero-knowledge (ZK) proofs. Moreover, it will enable the Polygon PoS to become more secure, performant, and a core part of the Polygon 2.0
Polygon Labs, the world’s largest blockchain ecosystem, has announced its collaboration with Flipkart, India’s largest online shopping platform, and Hang. This collaboration is for an on-chain brand-first loyalty program that is expected to introduce millions of users to Web3. Polygon Labs is collaborating with @Flipkart and @HangXYZ_ for an on-chain,
There will be less technological requirements for its staking users. Gemini will pay for improvements to the infrastructure, as well as gas expenses. On August 18, Gemini finally began its staking process. Gemini said in a release that the MATIC token issued by Polygon can be staked and eligible for
Through their new campaign, Cadbury Gems entered the realm of Non-Fungible Token (NFT), offering a unique collection. The initiative is referred to as the Junior NFT campaign, and the chocolate manufacturer has opted to work with the blockchain for a good cause. Using a blockchain network, GuardianLink, children’s artwork will
The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything. Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded
Most customers have voiced their displeasure at the length of the outage. According to a team statement, all money and data on the blockchain are secure. Ethereum scaling solution at layer 2 Polygon has been without a new block for nearly 11 hours, with creators blaming the problem on a
