Search Results for "polygon"
Polygon Slashes Block Time to 1.75 Seconds, Boosts TPS by 14%
Polygon (POL) reduces block time to 1.75 seconds, achieving 14% higher throughput and targeting stablecoin payments for institutional adoption.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine
Polygon's zkEVM Ethereum scaling solution will deploy on mainnet beta March 27.
API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM
API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediaries and provides direct access to real-world data, aiming to enhance the DeFi ecosystem and decentralized finance future.
World Bank Issues Poverty-Reduction Bonds on Polygon, Leveraging Real-Time Impact Verification
The World Bank is issuing poverty-reduction bonds on Polygon, enabling real-time impact verification and increasing transparency in social development funding.
Starbucks Rolls out NFT-based Membership Program by Adopting Polygon
American chain coffeehouse Starbucks has unveiled its NFT and Web3.0 program dubbed Starbucks Odyessy by adopting Polygon technology.
Hacker Steals $1m from Multi-Chain Crypto Wallet BitKeep
BitKeep was robbed of $1 million in crypto tokens. The users who were robbed had approved their tokens on BitKeep's swap service - called a swap router - on the BNB Chain and Polygon.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.
Whitehat Hacker Receives the Largest Bounty for Identifying Exploits in Polygon's Codes
A Whitehat hacker, Gerhard Wagner, has received the largest bug bounty in history after he discovered a vulnerability in Polygon’s plasma bridge.
Aave and MATIC Surge to New ATHs as On-Chain Transactions Rises
DeFi protocols Aave and Polygon has seen a surge leading to an ATH in their respective native tokens.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.