MATIC's 8% surge: Is Polygon's booming network behind it?

Activity on the Polygon network grew materially over the last week. NFT and DEX volumes also surged, indicating a growing ecosystem. Polygon [MATIC] recently fell out of the social media conThe post MATIC's 8% surge: Is Polygon's booming network behind it? appeared first on AMBCrypto.

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Polygon zkEVM Network Hits 3-Month Transaction Peak: What Fueled the Rise?

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Polygon: The role of zkEVM in Q2's network growth

Daily active addresses rallied on Polygon in Q2 following the launch of Polygon zkEVM. However, during the same period, the network's transactions count trailed downwards. Layer 2 blockchainThe post Polygon: The role of zkEVM in Q2's network growth appeared first on AMBCrypto.

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NFT-optimized Palm Network to become a Polygon ZK Supernet

The Ethereum sidechain will transition to a proof-of-stake network this August and become a full-fledged layer 2 based on Polygon’s zero-knowledge protocol in 2024.

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Polygon 2.0 begins groundwork for decentralized governance

The expansion will encompass all blockchains and applications running on the Polygon network, democratizing the upgrade process and fostering community participation.

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Polygon wallets: A sign of how declining network TVL impacts more than we see?

The number of unique Polygon wallets declined as the protocol's TVL fell. DEX performances took a hit while MATIC's price dropped. The Polygon [MATIC] network has been consistently making prThe post Polygon wallets: A sign of how declining network TVL impacts more than we see? appeared first on AMBCrypto.

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Ernst & Young Unveils Supply Chain Manager on Polygon Network

Big Four consulting firm EY has unveiled its blockchain-based supply chain manager built for the Polygon Nightfall network.

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Dvision Metaverse Launches on Polygon (MATIC) Ahead of Second LAND NFT Sale

Dvision Network (DVI) has announced that the expansion of its platform to the Polygon network is now complete and its second LAND NFT sale will be conducted on the Polygon mainnet and supported marketplaces shortly.

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Polygon Under Threat From A Blockchain Game Sending Gas Prices To New Highs

The Polygon network is experiencing sluggishness in transaction speed and gas spikes.   Sunflower Farmers have been discovered as the source of the unintended attack.   Polygon became popular due to its network efficiency and is championing a lot of blockchain initiatives.

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Polygon's much-anticipated EIP-1559 upgrade live on Mumbai testnet

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rollThe post Polygon's much-anticipated EIP-1559 upgrade live on Mumbai testnet appeared first on AMBCrypto.

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Polygon On The Cusp Of Becoming The Supreme Scaling Network With Latest Release

Polygon recently launched Polygon Miden, a STARK-based Zero-Knowledge (ZK) rollup aimed at driving the Network’s scalability and interoperability to a whole new level through integrating it with the Ethereum Virtual Machine (EVM).

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Polygon (MATIC) Network See App Developers Grow by 60% Monthly on Average; 145% Increase in Usage

Layer-two protocols are meant to take the weight off the base protocol. However, it looks like one such scaling solution is rapidly becoming an ecosystem in its own right. Over 60% of Projects Build On Polygon The Polygon network is a popular choice for several decentralized applications (dApps) protocols and this interest has been tracked […] The post Polygon (MATIC) Network See App Developers Grow by 60% Monthly on Average; 145% Increase in Usage first appeared on BitcoinExchangeGuide.

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Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day

An arbitrage bot managed to turn 14 ETH to 218.5 ETH simply by spamming the Polygon network for 120 days.

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Here’s how Polygon boosting utility can impact MATIC’s rally

The market has had high hopes from the Polygon network, more so, after it overshadowed the Ethereum network as the former’s active addresses briefly flipped ETH’s. While the network’s growthThe post Here’s how Polygon boosting utility can impact MATIC’s rally appeared first on AMBCrypto.

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Polygon sees this turn of events as gas prices rise to 30 gwei

For a while, many across the crypto industry thought Polygon had a chance of seizing the coveted title of "Ethereum killer." However, a recent change to the network - and the way it was made - might jThe post Polygon sees this turn of events as gas prices rise to 30 gwei appeared first on AMBCrypto.

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Daily Transactions on Polygon (MATIC) Tank After the Gas Hike to Fight Spam

The daily transactions on Ethereum layer Polygon dropped significantly after the team decided to push a client update to increase the minimum gas to fight spam and improve network health. “Even if all the validators adopt this setting, the gas prices are still expected to remain extremely low ($0.

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Polygon's gas fee hike will have this impact on MATIC's prices

Polygon is well-known particularly when it comes to DeFi. The network has been performing well as a Layer-2 scaling solution for Ethereum and has continued improving on that front. So with millionThe post Polygon's gas fee hike will have this impact on MATIC's prices appeared first on AMBCrypto.

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Online Blockchain plc: Cheap, Fast and Easy Bridging of Aavegotchi’s GHST Token on Umbria Network

Umbria Network’s Narni Bridge now supports the cross-chain migration of Aavegotchi’s GHST token between the Ethereum and Polygon networks. GHST tokens are used to buy DeFi-powered ‘Gotchi’ avatars –...

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Polygon Transcends Ethereum As MATIC’s Active User Base Explodes

Polygon is adding new users in the form of unique addresses faster than Ethereum despite having a lower count on the number of unique addresses than Ethereum. The network has added close to 3 million unique addresses in the last week, compared to Ethereum’s new count of 710,000 for the same duration. Today, Polygon added […]

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Polygon (MATIC) to raise gas fee to 30 gwei to prevent spam transactions

Polygon network would be raising its network fees from one Gwei to 30 Gwei in an attempt to curb spam transactions on its ecosystem. The post Polygon (MATIC) to raise gas fee to 30 gwei to prevent spam transactions appeared first on CryptoSlate.

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Polygon network introduces 'a small change' to tackle spam transactions

For all its growth and evolution, the cryptocurrency ecosystem isn't immune from all kinds of attacks. In fact, there have been several such cases in the past. Needless to say, however, different ecosThe post Polygon network introduces 'a small change' to tackle spam transactions appeared first on AMBCrypto.

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Is Polygon's strengthening presence in DeFi likely to overshadow Binance Smart Chain

In the constantly growing Decentralized Finance (DeFi) space, the emergence of Polygon is not surprising. The network has been making efforts to become more efficient and the work has been paying off.

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Polygon Outstrips Ethereum With A 300% Upsurge In Daily Active Addresses

On Tuesday, Polygon reported that its native coin MATIC had surpassed Ethereum in daily active users (DAU) for the first time. According to on-chain stats, the number of active addresses interacting with the polygon Network on Monday reached 351,000 beating that of Ethereum which at the time was 326,000. This is a new milestone considering […]

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Best Projects on Polygon [2021] – Best DeFi Coins On Polygon

What is Polygon? Polygon used to be known as Matic Network, it is a layer 2 scaling solution to the blockchain world. Considering how difficult it is and how expensive it is to be in the ETH world, polygon seeks to resolve all the problems of the ETH blockchain and any other chain that might […] The post Best Projects on Polygon [2021] – Best DeFi Coins On Polygon appeared first on CaptainAltcoin.

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Panther Protocol brings interoperable privacy mechanisms to Polygon via strategic partnership

Panther Protocol announced a strategic partnership with Polygon (MATIC/USD), also known as “the Ethereum’s (ETH/USD) Internet of Blockchains,” to deliver privacy mechanisms to the latter’s network.

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Top 5 DEX on Polygon (MATIC) Network in 2021

The Polygon network (formerly Matic) is an innovative platform that combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. While being cheaper and faster to use, it doesn’t compromise the security and interoperability that the Ethereum platform offers.

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MATIC and ETH Added to Umbria Network’s Narni Cross-chain Bridge

Umbria’s ultra-low-cost liquidity bridge now supports ETH and MATIC in addition to USDT and UMBR. Using Narni – https://bridge.umbria.network – the native tokens for the Ethereum and Polygon networks...

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Polygon launches $2M bug bounty on Immunefi to boost smart contract and dApp security

Polygon, an Ethereum scaling platform, today announced the launch of a $2,000,000 bug bounty program to root out and eliminate potential security flaws in its already audited network. The bounty program is now live on the DeFi-focused bug bounty platform, Immunefi.

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Трейдер Скотт Мелкер указал на три альткоина с хорошим потенциалом роста

Трейдер Скотт Мелкер в Twitter (570 тыс. подписчиков) назвал три альткоина, стоимость которых в ближайшее время может стремительно вырасти. Мелкер спрогнозировал подорожание Polygon, Elrond и Synthetix Network Token, пишет РБК Крипто.

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“Big-Four” Accounting Firm EY Joins Forces With Polygon To Scale Ethereum

Ernst & Young (EY), a multinational firm named among the “big four” accounting companies, has announced that it has integrated Polygon (MATIC) to allow its clients to process transactions on the Ethereum blockchain network.

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Best DeFi Bridges: Move Assets from ETH to BSC, Polygon & Vice Versa

Bitcoin remains the granddaddy of all Blockchain networks as the largest, most decentralized, and most secure network ever. As such, it’s slow, expensive, and cannot cope with the required quantity of transactions.

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Starter play-to-earn DeFi game Starchi receives grant from Polygon for integration

Leading launchpad, investor network, and incubator Starter’s DeFi game Starchi received a grant from the Polygon (MATIC/USD) Foundation to support further integration of Polygon’s full-stack, fully functional, Ethereum (ETH/USD) scaling solution into its gaming platform.

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Polygon's 'impeccable' recovery gives MATIC HODLers cause to...

The crypto market has grown tremendously over the years. The space has seen relatively new projects such as Polygon come, conquer and dominate. The solutions offered by the network have, by and large,The post Polygon's 'impeccable' recovery gives MATIC HODLers cause to... appeared first on AMBCrypto.

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Should you invest in Polygon after its integration of the Mina Protocol?

Polygon MATIC/USD is a Layer-2 scaling solution built for Ethereum, which aims to improve the speed while reducing the cost of transactions within the network.   This is achieved through the usage of side chains that work with off-chain computation and remain secure through Proof-of-Stake (PoS) validators.

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Aragon deploys on Polygon (MATIC) to optimize DAO creation

Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous organizations (DAOs) easy and cost-effective, is now live on the Polygon PoS network.

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Kine integrates its cross-chain crypto derivatives protocol on Polygon Network

Kine Protocol, a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets, announced today it has partnered with Polygon to bring high margin, cross-chain derivatives trading to the Polygon Network for further scalability and user adoption.

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INS3 brings decentralized coverage to Polygon with 2,700 $ITF rewards per day

With the most recent DeFi exploits of the Polychain Network where the white-hatted hacker eventually did return the funds, DeFi is facing an exploitation problem on the network which if kept uncheckedThe post INS3 brings decentralized coverage to Polygon with 2,700 $ITF rewards per day appeared first on AMBCrypto.

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INS3 Brings Decentralized Coverage to Polygon with 2,700 $ITF Per Day in Rewards

September 1st, 2021, Singapore :With the most recent DeFi exploit of the Polychain Network where the white-hatted hacker eventually did return the funds, DeFi is facing an exploitation problem on the network which if kept un-checked, will slowly but surely drain the industry of all total value locked.

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INS3 Brings Decentralized Coverage to Polygon with 2,700 $ITF Per Day in Rewards

Press Release: INS3 Insurance, the provider of decentralized coverages on the Binance Smart Chain, HECO Chain, Conflux and OKExChain, is now bringing its unique coverage options and staking rewards to Polygon! September 1st, 2021, Singapore: With the most recent DeFi exploit of the Polychain Network where the white-hatted hacker eventually did return the funds, DeFi […]

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Coinbase добавит поддержку решений второго уровня Эфириума

Биржа Coinbase ищет специалистов по работе с протоколами и планирует добавить поддержку решений второго уровня Эфириума, начиная с Polygon Network.

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FLURRY Finance partners with Polygon for optimized cross-chain yield farming

FLURRY Finance, a platform that facilitates deposits from Ethereum, pools assets, and bridges them to the Matic network in batches. today announced it has formed a partnership with Polygon to scale up convenient cross-chain yield farming.

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Terra sees a monthly burn of $185 million worth of LUNA tokens

LUNA, the native cryptocurrency of a project called Terra, recently saw a nearly 80% price surge over the course of the last week. The protocol, created by a team of developers from South Korea, even managed to surpass another leading project, Polygon (MATIC/USD), formerly known as Matic Network.

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Polygon (MATIC) Set to Implement DAO Features

Polygon plans to introduce a Decentralized Autonomous Organization (DAO) for ether’s DeFi ecosystem. According to an announcement, incorporating a DAO mechanism should add 100 million more users into the network.

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Polygon plans to form a DAO, should you invest in MATIC?

Polygon MATIC/USD is a layer 2 scaling solution for Ethereum that improves speed and reduces the cost as well as complexities of transactions within its network. It uses side chains that help with off-chain computation and maintain security.

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Poly Network Hack — Reconsidering the ‘Real Hacker’ Scenario

The recent Poly Network inter-chain hack, including Ethereum, Binance Smart Chain, and Polygon, has caused a lot of hype as the hacker returned the stolen funds. The post Poly Network Hack — Reconsidering the ‘Real Hacker’ Scenario appeared first on BeInCrypto.

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Is MATIC still a safe bet in the market

The exponential growth of the Polygon Network has not remained a secret in the cryptocurrency world. The Ethereum-scaling project formerly known as the Matic network carved its path in the ecosystem bThe post Is MATIC still a safe bet in the market appeared first on AMBCrypto.

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Polygon Begins Foray Into ZK With $250M Hermez Network Merger

Polygon has announced a merger with Hermez Network, a prominent zero-knowledge (ZK) cryptography-based scaling project. The post Polygon Begins Foray Into ZK With $250M Hermez Network Merger appeared first on BeInCrypto.

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Polygon выкупил Hermez Network за $250 млн

Руководство проекта Polygon, ранее известного как MATIC, объявило о покупке проекта масштабирования Hermez Network за $250 млн. При этом токены проектов будут слиты воедино.<br />

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Polygon acquires Hermez Network for $250M, will merge native tokens

“We believe this is in a way a historical moment since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon.

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