Polygon Is Getting a New NFT Content Platform
Key Takeaways Polygon is getting a new NFT-based content product via Cere Network. DaVinci will enable creators to mint NFTs that unlock exclusive content for fans. The NFTs will be Continue Reading
Axelar Network Looks to Boost Interoperability With $35M Raise
Key Takeaways Axelar Network has raised $35 million from its Series B funding round. Axelar is a decentralized protocol aiming to bridge blockchain ecosystems. The Axelar team recently rolled out Continue Reading
Polygon White Hat Rewarded $75,000 for Saving Billions in User Funds
Key Takeaways Polygon has patched a “high severity” bug that would have allowed an attacker to drain all the funds from the deposit manager contract. Niv Yehezkel, who discovered and Continue Reading
Sushi Launches Long-Awaited Trident DEX on Polygon
Key Takeaways Sushi has launched the first phase of its Trident automated market maker on Polygon. Users can now create liquidity pools through Trident and migrate liquidity from SushiSwap V1 Continue Reading
Aave V3 Heads to Ethereum Layer 2, Fantom, Avalanche
Key Takeaways Aave V3 launched today. The update focuses on letting users move assets between networks while improving capital efficiency and security. It will initially launch on Polygon, Fantom, Avalanche, Continue Reading
EIP-1559 Has Burned 2 Million Ethereum
Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain’s next protocol update is “the Merge” from Proof-of-Work to Proof-of-Stake. With the effects of EIP-1559 and reduced emissions Continue Reading
Millions Lost as Solana DeFi App cashio Suffers Hack
Key Takeaways The Solana stablecoin protocol cashio suffered an “infinite mint glitch” exploit. A hacker drained millions of dollars from the protocol and its CASH stablecoin collapsed. Crypto Briefing has Continue Reading
Polygon Unveils Supernets, $100M Grants Package
Key Takeaways Polygon has announced a new developer framework called Supernets. Supernets will help bootstrap enterprises looking to build applications on both private and public blockchain networks. The Polygon team Continue Reading
Ethereum Service Provider Infura Suffers Another Outage
Key Takeaways Infura suffered an outage today. The issue caused major disruption across the Ethereum ecosystem. Users can either run their own Ethereum node or switch nodes via MetaMask as Continue Reading
Polkadot Ecosystem Goes Multi-Chain With XCM Launch
Key Takeaways Polkadot has launched XCM, a “Cross-Consensus Messaging” format allowing communication between the network’s various parachains. With XCM’s integration, Polkadot is finally delivering on its promise of becoming a Continue Reading