Synquote Raises $2.8M From Initialized, Polygon
The company will try to add more tokens that don’t usually have markets for trading derivatives contracts to its platform. Synquote, a company that makes a platform for trading derivatives contracts in tokens that don’t usually have such markets, just closed a $2.8 million seed funding round. The round was led by Initialized Capital. Synquote, […]
Sandeep Nailwal, founder of Polygon, raises $50M for Web3 fund
The most recent venture capital firm to place a strong emphasis on Web3, gaming, and NFTs is Symbolic Capital. Sandeep Nailwal, the creator of Polygon and a cryptocurrency entrepreneur, has received $50 million for a new startup fund aimed at Web3 companies, demonstrating venture capital’s rising interest in the internet powered by blockchain. According to […]
DApps on Polygon hit 37,000, soaring 400% this year
Decentralized apps (DApps) on the Ethereum scaling platform Polygon have surpassed 37,000, a 400% rise since the year 2022 began. The amount of DApps that have ever been launched on both the testnet and mainnet was revealed by Polygon team in a blog post on August 10. It was sourced from a Web3 development platform […]
Polygon, Fantom face network attack
Ankr, a blockchain infrastructure provider, announced that hackers were targeting its Remote Procedure Calls (RPC) services which it offers to Polygon and Fantom. The chief information security officer at 0xPolygon, Mudit Gupta, revealed on Twitter that a DNS hijack has compromised Ankr’s RPC gateway for Polygon (polygon-rpc.com) and Fantom (rpc.ftm.tools). He further emphasized that his […]
Polygon ecosystem now supports Apecoin
Following backlash from the community on Yuga Labs Otherdeeds nonfungible token (NFT) minting event, ApeCoin (APE) has revealed its new integration with Ethereum (ETH) sidechain Polygon. Apecoin has announced a new integration with the polygon network , this decision will make available APE trade on over 19,000 dApps and games. Yuga Labs, the makers of […]