Solana vs. Polygon: The Epic Battle of Blockchain Giants that Will Disrupt the World of Decentralized Finance
In this exciting article, we compare two blockchain giants, Solana and Polygon, that are revolutionizing the world of decentralized finance.
NFT Sales Decline by 5.76% in April, Ethereum Dominates, Bored Ape Yacht Club Leads in Collections
NFT sales declined by 5.76% in April, with Ethereum dominating the market, according to the latest sales statistics. Ethereum-based NFT sales accounted for $485 million in trades, followed by Solana-based NFT sales, which recorded $88.16 million. The top five blockchains in terms of NFT sales were Polygon, Immutable X, and BNB Chain.
Bankless Ventures Secures 75% of Investment Commitments for $35M Fund
April 29 (Cointime) - Bankless Ventures, the early-stage venture fund launched by Bankless, has received 75% of its investment commitments. The fund has a $35 million size and includes LPs such as a16z co-founder Marc Andreessen, a16z Crypto founder Chris Dixon, Ethereum Foundation researcher Dankrad Feist, Polygon co-founder Sandeep Nailwal, and Immutable co-founder Robbie Ferguson.
Bankless Ventures Secures 75% of Investment Commitments for $35M Fund
The company is targeting an end-of-May close for the fundraising round.
Crypto Morning Briefing: Mastercard Teaming With Solana, Polygon on New Crypto Credential Standards
Visa to Develop Brazilian Blockchain-powered CBDC Project; PayPal Extending Crypto Transfers to More Than 60 Million Venmo Customers
Mastercard Teaming With Solana, Polygon on New Crypto Credential Standards
Mastercard is teaming with public blockchain developers Aptos Labs, Ava Labs, Polygon and The Solana Foundation on a new set of standards it's dubbing Crypto Credential in an effort to build the trust of consumers, businesses and governments in the sector.
Polygon Lending Protocol 0VIX Pauses Protocol After $2M Exploit
0VIX, a lending protocol on Polygon and Polygon zkEVM, has reportedly been exploited for at least $2 million.
Polygon-Based DeFi Protocol 0VIX Targeted in $2 Million Attack
Decentralized finance (DeFi) protocol 0VIX has been the target of a recent attack, resulting in a loss of approximately $2 million.
Polygon-Based Protocol 0vix Exploited for $2M
The 0vix decentralized finance (DeFi) protocol, which is based on Polygon, has reportedly been exploited for $2 million through a flash loan. Blockchain security firm CertiK flagged the incident, which has also been corroborated by Arkham Intelligence. The attacker reportedly inflated the price of vGHST to borrow a large amount of USD, which was then moved to Ethereum mainnet and swapped for 757 ETH. 0vix has not yet responded to requests for comment.
Polygon Partners With Google Cloud As Filecoin Breaks Into Cloud Market
Google Cloud and Polygon Labs have announced a strategic partnership. Meanwhile, Filecoin has announced its own cloud service plans.
Google Cloud To Support Polygon To Help Grow Ecosystem
Google Cloud's Blockchain Node Engine, a service for fully managed node-hosting for web3 development, will support Polygon as part of a multi-year, strategic alliance announced by Google Cloud and Polygon Labs on Thursday.
Polygon Hits New Milestone With PoS Bridge for zkEVM
Polygon, the Ethereum layer-2 scaling solution, has integrated a PoS bridge to its zero-knowledge Ethereum Virtual Machine (zkEVM), according to an April 26 statement.
Polygon Bridge for Polygon zkEVM Goes Live, Allows Withdrawals from Ethereum
Polygon has announced the availability of its Polygon PoS Bridge for the Polygon zkEVM network, which offers scalability solutions to decentralized applications (dApps) running on the Ethereum blockchain network. The Polygon zkEVM network uses zk-technology to govern smart contracts on both the Polygon zkEVM and Ethereum networks, allowing for faster withdrawals of funds from the Ethereum mainnet. The launch of the Polygon Bridge for Polygon zkEVM will allow users to withdraw funds from the Ethereum mainnet within 30-60 minutes of initiating the withdrawal, with support for ERC-20 and ERC-777 tokens. The Polygon Bridge also offers a seamless experience, as users do not need to undergo the bridging process or map their tokens before bridging. The Polygon zkEVM launched last month as mainnet beta and is open source, permissionless, and public, with teams already building atop it, including premier dApps such as Balancer and Lens, and other gaming projects. (coingape)
Unstoppable Domains and Binance.US to Launch .BinanceUS Domains on Polygon
April 27 (Cointime) - Web3 domain provider Unstoppable Domains is teaming up with Binance.US to roll out .BinanceUS domain.
A $1.4T Financial Giant Expands Its Money Market Fund on Polygon
Franklin Templeton, with about $1.4 trillion assets under management, said its OnChain U.S. Government Money Market Fund (FOBXX) is now supported on Ethereum via layer 2 blockchain Polygon.
Franklin Templeton expands its OnChain US Government Money Fund to Polygon
Franklin Templeton, an investment management giant with about $1.4 trillion in assets under management, has expanded its OnChain U.S. Government Money Fund to the Polygon blockchain.
Ethereum vs Polygon for Web3 Gaming: Which Blockchain is Better for NFT Gaming Platform?
Web3 gaming has been steadily growing in popularity, and as a result, the blockchain industry has also experienced growth in recent years.
Solana Wallet Phantom Goes Multichain, Expands to Ethereum and Polygon
Solana wallet Phantom added support for the Ethereum and Polygon blockchains in its first step to go multichain.
Binance.US Enables Free Web3 Domain Creation for American Users
Binance. US users will soon be able to set up decentralized domains through a new partnership with Unstoppable Domains. The offering will allow users to mint ". BinanceUS" domains, providing users with easily understandable names for cryptocurrency wallets to buy, sell and transfer cryptocurrency in the Binance. US app.
