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Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
3 reasons why Solana (SOL) price could see additional upside in 2022
17.12.2021
Steady ecosystem growth, institutional investment and a healthy derivatives market are strong signals that SOL will continue to be a top contender in 2022
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative
17.12.2021
“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News
14.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News
Yieldly & Polygon Studios Create New Cross-Chain NFT Esports Marketplace
14.12.2021
Yieldy recently joined hands with Polygon Studios to create a new cross-chain NFT Esports marketplace. Known as Yesports, the marketplace offers a wide range of exclusive content and NFTs for video games enthusiasts. Gamers can expect to see products from popular competitive titles like League...
Hacked AscendEX to Reimburse Users, Says 'Relatively Small Percentage' Impacted
13.12.2021
Crypto trading platform AscendEX, formerly known as BitMax, which was hacked for an estimated USD 78m worth of digital assets on Saturday, intends to "100%" reimburse all the affected users.
Updating users on the incident, the AscendEX team said that hackers compromised one of the exchange's...
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
12.12.2021
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse...
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
12.12.2021
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup”...
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
12.12.2021
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively
5 times quickfire crypto traders bought the news for double (or triple) digit profits
11.12.2021
Buy the rumor? It depends how fast you pull the trigger when the news breaks. These mind-bending returns rewarded crypto traders who were fastest on the draw... Here's how you can join them
Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT + More News
9.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT + More News
Polygon to invest up to 250M MATIC into zero-knowledge tech
9.12.2021
If fully vested, it would be a $627.5 million investment into zero-knowledge technology at today’s MATIC price
Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends
9.12.2021
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance...
RECUR Joins Polygon Studios and Others for Portal Pass Drop
9.12.2021
RECUR, the leading technology organization recently launched its Portal Pass drop. The drop presents a one-time opportunity to users since the Portal Pass is only live for 24 hours. The company has increased the Portal Pass’s accessibility by partnering with ventures like Polygon Studios. Moreover...
GoGo Coin Is Set to Launch on Polygon, Introducing DeFi to Users
9.12.2021
GoGo Coin is ecstatic to announce that it will be available on Polygon. GOGOcoin, an NFT/DeFi hybrid platform with open source DeFi protocol, is designed for asset management and savings to expedite DeFi’s broad adoption. As a full-stack scaling solution with a fast-developing market for NFTs...
ClayStack Introduces Brings Liquid Staking to Polygon
9.12.2021
ClayStack, a platform that offers decentralized liquid staking and is funded by CoinFund, CoinBase, and ParaFi, will introduce Malawi Testnet later this month. Users may easily bet their crypto assets to retain their liquidity on the ClayStack platform. Users depositing crypto at the smart contract...
Polygon and Wanchain Usher in a New Phase of Blockchain Interoperability
8.12.2021
Wanchain and Polygon expressed their delight when they announced a strategic agreement that will expedite the advancement of compatible blockchain technology in general and push further usage of Layer-two cross-chain bridging. Wanchain would implement direct, decentralized cross-chain links between...
Bitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’
7.12.2021
While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K per bitcoin will happen. Bitwise Asset Management’s chief investment officer Matt Hougan told the press on Monday that...