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.