Polygon

Polygon deploys POL contracts on Ethereum mainnet

Polygon Labs has launched the token contracts for POL, the next-gen cryptocurrency that will eventually replace MATIC as Polygon's native token, on the Ethereum mainnet.

Circle issues USDC on Polkadot network

Stablecoin issuer Circle has launched USD Coin on the Polkadot Asset Hub, allowing users to access their USDC holdings on DOT parachains via the XCM protocol.

Polygon deploys Chain Development Kit to simplify L2 network creation

Polygon Labs has deployed its open-source Chain Development Kit to simplify the process of building ZK-powered layer-2 blockchains on the Ethereum network.

Circle releases programmable Web3 wallets in public beta

Stablecoin issuer Circle has launched the beta version of its programmable Web3 wallets on the Ethereum, Polygon, and Avalanche blockchains.

SEC files lawsuit against Binance over alleged securities violations

The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.

Bug renders assets inaccessible for Polygon Aave V2 lending pool users

The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Aave sets stablecoins’ LTV to zero on Avalanche V3

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

ERC-4337 goes live on Ethereum mainnet

Developers have launched the ERC-4337 standard on the Ethereum mainnet to implement account abstraction.

Eclipse to launch Solana-compatible Polygon SVM

Eclipse announced its plans to release Polygon SVM, a Layer 2 blockchain that will allow Solana developers to port their dapps to Polygon without reconfiguring the applications to run on the Ethereum Virtual Machine.

Polygon cuts staff by twenty percent to consolidate

Polygon has reduced its staff by twenty percent, affecting about a hundred teammates. In addition, the firm has been consolidating multiple business units, and this was a necessary step, reiterating that its treasury is still healthy.

Polygon announces launch date for zkEVM Layer-Two

Polygon has announced that the launch date for the zkEVM Mainnet Beta is March 27. The zkEVM is an equivalent of the EVM, aiming to expand Ethereum’s scaling capabilities while providing faster and cheaper transactions.

Aave Deploys Version 3 On Ethereum Network

Aave has deployed its V3 on the Ethereum Network after a successful unanimous vote by its governance. The upgrade incorporated a flexible architecture that helps mitigate user risk and improve capital efficiency.

Polygon Developers Propose Hard Fork To Address Chain Reorganizations And Gas Spikes

Polygon developers will launch a hard fork on January 17 to reduce gas spikes and chain reorganizations.

How to Stake Polygon: Your Guide

Users can receive rewards by "staking" MATIC and providing processing resources to safeguard the network. Getting MATIC tokens, choosing a staking provider, depositing tokens, waiting for confirmation, monitoring staked tokens, and withdrawing rewards are necessary. Staking Polygon offers passive income, network security, and governance. Before staking Polygon, consider the provider, staking duration, quantity of tokens, and risks.

Lido Finance Attains Highest TVL Among DeFi Platforms

Lido Finance has attained a TVL of $5.98B, making it the platform with the highest value of staked assets.

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

J.P. Morgan Executes First DeFi Live Trade On Public Blockchain

J.P Morgan has successfully taken its first DeFi trade on the public blockchain. It employed tokenized deposits and verifiable credentials to ensure the success of the trade.

Crypto Staking Industry’s Market Capitalization Hits Nearly $100B

The market cap of the crypto staking industry currently hinges at the $95.5B mark, up by 13.8% over the last week.

The Sandbox Launches Exclusive Staking Pool For LAND Owners

The Sandbox added support for a high APR staking pool reserved for owners of LAND. The pool, available on the Polygon network, has a cap of 500 $SAND per LAND and scales with the amount of LAND in users' wallets.

Gemini Adds Support For Polygon Staking

Gemini begins providing staking rewards for Polygon and announces support for ETH staking just as the Ethereum community prepares for the blockchain's transition from a Proof-of-Work to a Proof-of-Stake protocol.

BitDAO Community Accepts Proposal To Fund AfricaDAO

Crypto firm BitDAO approves AfricaDAO’s proposal to receive $20M as funding to accelerate Web3 adoption across Africa. 

Latest News

Bug renders assets inaccessible for Polygon Aave V2 lending pool users

The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Aave sets stablecoins’ LTV to zero on Avalanche V3

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

ERC-4337 goes live on Ethereum mainnet

Developers have launched the ERC-4337 standard on the Ethereum mainnet to implement account abstraction.

Eclipse to launch Solana-compatible Polygon SVM

Eclipse announced its plans to release Polygon SVM, a Layer 2 blockchain that will allow Solana developers to port their dapps to Polygon without reconfiguring the applications to run on the Ethereum Virtual Machine.

Polygon cuts staff by twenty percent to consolidate

Polygon has reduced its staff by twenty percent, affecting about a hundred teammates. In addition, the firm has been consolidating multiple business units, and this was a necessary step, reiterating that its treasury is still healthy.

Polygon announces launch date for zkEVM Layer-Two

Polygon has announced that the launch date for the zkEVM Mainnet Beta is March 27. The zkEVM is an equivalent of the EVM, aiming to expand Ethereum’s scaling capabilities while providing faster and cheaper transactions.

Aave Deploys Version 3 On Ethereum Network

Aave has deployed its V3 on the Ethereum Network after a successful unanimous vote by its governance. The upgrade incorporated a flexible architecture that helps mitigate user risk and improve capital efficiency.

Polygon Developers Propose Hard Fork To Address Chain Reorganizations And Gas Spikes

Polygon developers will launch a hard fork on January 17 to reduce gas spikes and chain reorganizations.

How to Stake Polygon: Your Guide

Users can receive rewards by "staking" MATIC and providing processing resources to safeguard the network. Getting MATIC tokens, choosing a staking provider, depositing tokens, waiting for confirmation, monitoring staked tokens, and withdrawing rewards are necessary. Staking Polygon offers passive income, network security, and governance. Before staking Polygon, consider the provider, staking duration, quantity of tokens, and risks.

Lido Finance Attains Highest TVL Among DeFi Platforms

Lido Finance has attained a TVL of $5.98B, making it the platform with the highest value of staked assets.

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

J.P. Morgan Executes First DeFi Live Trade On Public Blockchain

J.P Morgan has successfully taken its first DeFi trade on the public blockchain. It employed tokenized deposits and verifiable credentials to ensure the success of the trade.

Crypto Staking Industry’s Market Capitalization Hits Nearly $100B

The market cap of the crypto staking industry currently hinges at the $95.5B mark, up by 13.8% over the last week.

The Sandbox Launches Exclusive Staking Pool For LAND Owners

The Sandbox added support for a high APR staking pool reserved for owners of LAND. The pool, available on the Polygon network, has a cap of 500 $SAND per LAND and scales with the amount of LAND in users' wallets.

Gemini Adds Support For Polygon Staking

Gemini begins providing staking rewards for Polygon and announces support for ETH staking just as the Ethereum community prepares for the blockchain's transition from a Proof-of-Work to a Proof-of-Stake protocol.

BitDAO Community Accepts Proposal To Fund AfricaDAO

Crypto firm BitDAO approves AfricaDAO’s proposal to receive $20M as funding to accelerate Web3 adoption across Africa.