Polygon wants to create a DAO
Polygon, an Ethereum scaling infrastructure provider, has announced the formation of a decentralized autonomous organization, or DAO, for all of its community members as well as DeFi projects. Polygon members were asked to give their opinions on the platform becoming a DAO in a statement released on Thursday. Polygon reports that the company aims to […]
Poly Network offers the $610 million hacker an advisory position
Poly Network has offered the hacker responsible for a $610 million hack an advisory post and $500,000 – whether they want it or not. According to a Tuesday report, the Poly Network team stated that it will be asking a hacker to the position of top security advisor in an apparent attempt to obtain access […]
Environmental concerns pushes Terra Virtua to Polygon blockchain
Jawad Ashraf, co-founder and chief technology officer of Terra Virtua, said, “By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact,” Terra Virtua, a digital collectibles marketplace, has switched from the Ethereum blockchain to the Polygon blockchain in an effort to be more environmentally friendly. As part […]
Polygon buys Hermez Network for $250 million and plans to integrate native tokens
According to Polygon, “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” . Protocol at the second layer Polygon will be acquiring Hermez Network, a ZK-rollup project, in exchange for $250 million in MATIC tokens and […]
Teller Finance launches its mainnet on Polygon
Lending protocol platform Teller Finance has launched its mainnet on Polygon, thereby overcoming many of the current challenges associated with Ethereum. Teller Finance, a non-collateral lending protocol for the DeFi industry, has launched its mainnet on Polygon, marking an important step forward in the company’s mission to provide scalable , user-friendly solutions. Users may instantly […]