Cryptocurrency exchange Bitfinex said it will receive $189 million worth of Polygon's MATIC tokens to sponsor enhanced staking rewards for users.According to a blog post, Bitfinex will receive 90 million MATIC for the new staking program. Polygon is a "layer 2" scaling tool for the Ethereum blockchain, designed to speed up and reduce the cost of transactions.At press time, … [Read more...] about Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking
According to a dashboard on Dune Analytics, Polygon’s bridges, which hold $6.6 billion in total value locked (TVL), are second to Avalanche, which holds $7.78 billion. Arbitrum, another popular layer 2 solution, holds $2.5 billion, and Ronin Bridge, a bridge for the Axie Infinity ecosystem, has $6.1 billion in TVL. Source link … [Read more...] about Polygon and Matic: What’s the Difference?
Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon, the “critical” vulnerability in the network’s Proof-of-Stake (PoS) Genesis contract was first highlighted by two whitehat hackers on Dec. 3 and Dec. 4 via blockchain security and … [Read more...] about Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
With the expansion of the cryptocurrency market, lots of investors are wondering how to buy Polygon (MATIC). This is why we have decided to create a complete guide that will share with you all the details on how to buy Polygon (MATIC). Another thing that we would like to point out is that we will not only share with you how to buy Polygon (MATIC) but we will also share with … [Read more...] about How To Buy Polygon (MATIC)?
“Ethereum introduced a noble vision of an open, borderless economic system accessible to everyone,” Mihailo Bjelic, co-founder of Polygon told CoinDesk in a Telegram chat. “With the increased usage, fees on Ethereum layer 1 have effectively ‘priced out’ most of the users.” Source link … [Read more...] about Uniswap Preps Polygon Launch, Driving MATIC to All-Time Highs