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“# EY selects Polygon to scale its enterprise blockchain products on Ethereum ” Announced on Monday, EY’s flagship blockchain services including EY OpsChain and EY Blockchain Analyzer will be integrated with Polygon, allowing transactions to be committed to Ethereum via the sidechain. EY emphasized that its enterprise clients will have access to increased transaction throughput…
“# Presearch, Aragon and IOTA explode higher after Bitcoin price clips $50K ” Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push (BTC) price past $100,000. The positive price action hasn’t been limited to the top…
“# Polygon eyes record high as MATIC’s 150% price rally activates textbook bullish pattern ” A recent price rally in the Polygon (MATIC) market pushed its prices above $1.56 for the first time in more than two months. In detail, the MATIC/USDT exchange rate rose 20.65% in just two days to reclaim the June 17…
“# Polygon will create a decentralized autonomous organization ” Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members as well as projects in decentralized finance. In a Thursday announcement, Polygon called on its members to express their views on the platform forming a…
“# Terra Virtua moves to Polygon blockchain, citing environmental concerns ” Digital collectibles platform Terra Virtua has moved from the Ethereum blockchain to Polygon in an attempt to be greener. In a Monday announcement, Terra Virtua said it had switched to Polygon as part of a plan to create a more sustainable nonfungible token, or…
“# Polygon acquires Hermez Network for $250M, will merge native tokens ” Layer-two protocol Polygon will be merging ZK-rollup project Hermez Network into its ecosystem for $250 million worth of MATIC tokens. In a Friday announcement, Polygon said Hermez would become a part of the network’s suite of solutions under the name Polygon Hermez. The…
“# Poly Network hacker returns $258M, conducts AMA on how it went down ” The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and conducted a question and answer session detailing how the initial hack went down. In what is being described as the largest DeFi hack to date, the…
“# Poly Network hacker returns less than 1% of the $600M theft ” These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday. Details from Etherscan show that…
“# Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs ” Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable, user-friendly solutions. With the launch of Teller’s Polygon mainnet, users can begin making deposits and funding liquidity…
“# Exchange listings and NFT boom lift IoTeX, Rally and Axie Infinity price ” Tuesday started with a bang after Poly Network was hacked for $610 million in funds in what appears to be the worst hack in the history of decentralized finance and the price of Bitcoin (BTC) dropped by by 2% to trade…