Polygon’s MATIC to POL Transition Set for September


Polygon, the popular Altcoin, is gearing up for a major network change. On September 4, 2024, the network will undergo a mainnet upgrade, replacing its native MATIC token with a new token called POL. This move is a part of the “Polygon 2.0” roadmap. What Does This Mean for Polygon...

Crypto Exchange WazirX Hacked for $234M, Hacker Begins Dump


Web3 security firm Cyvers and ZachXBT report that the Indian crypto exchange, WazirX, has been potentially hacked. Cyvers told WazirX on X, “Our system has detected multiple suspicious transactions involving your Safe Multisig wallet on the ETH network.” Hacker drains over $230 million...

Bitcoin hits $65k, Ethereum nears $3.5k, while memecoins rejoice


The crypto market is undergoing rapid changes, thanks to big names like Ethereum making massive modifications. The SEC recently approved two major Spot Ethereum ETFs in the US for trading, putting crypto in the limelight. In the meantime, Bitcoin has managed to reclaim its $65,000 mark. In...

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