Polygon plans to dedicate 250M MATIC to deal with zero-knowledge tech
Sandeep Nailwal, Polygon’s co-founder, remarked that “Polygon plans to focus on ZK cryptography as the end game for blockchain scaling.” A scalability solution for Ethereum Polygon has announced that it will commit up to 250 million MATIC tokens ($627.5 million) to a partnership with Mir, a zero-knowledge cryptography business. Polygon’s Plan External validators can verify […]
Coinbase announces the launch of crypto library Kryptology
Kryptology, according to Coinbase, allows and empowers developers to build new crypto innovations using cutting-edge encryption. On Monday, Coinbase , the world’s fourth-largest cryptocurrency exchange by trading volume, announced the launch of Kryptology, a new cryptography library that would serve as a toolkit for blockchain developers. These include APIs that are safe, audited, and simple […]
Dex aggregator trading volumes reaches new all-time high
To get the best prices for token swaps, more traders are turning to DEX aggregators. Over the last few weeks, trading volumes on prominent decentralized exchange (DEX) aggregators have reached new highs. Token traders and swappers can use decentralized exchange aggregators to search many DEX platforms for the best swap prices at any given moment. […]
Bitcoiner loses 900 BTC in a DeFi attack
Badger DAO, a decentralized finance protocol based on Ethereum that allows users to earn money by staking Bitcoin, has been hacked. According to reports, the exploit cost a single user around $50 million in Bitcoin – 897 BTC. Badger’s developers have confirmed the hack. The team acknowledged the breach of protocol in a tweet and […]
IDEX announces the launch of its v3 hybrid liquidity DEX on the Polygon network
San Francisco-based decentralized exchange IDEX has announced the launch of its v3 Hybrid Liquidity decentralized exchange (DEX) on the Polygon network. The platform says operating on the Polygon network provides a lower transaction cost. In order to cultivate higher financial returns for the services liquidity providers, the hybrid model will combine traditional order book functionalities […]