Key Insights: Polygon’s Discord channel was hacked, raising security concerns before the crucial MATIC to POL token migration. Hackers exploited the channel breach to post phishing links, targeting users eager to participate…
Category: Polygon
A Guide to Polymarket – Understanding the Decentralized Prediction Market
Over the past few years, decentralized prediction markets like Polymarket have gained massive traction. As the 2024 US Presidential election nears, these markets have entered the mainstream, with American media giants like…
Polygon Labs Unveils Model Classifying DeFi as ‘Crucial Infrastructure’
Polygon’s legal team claims decentralized finance (DeFi) protocols must be viewed as ‘crucial infrastructure’ to U.S. economic and federal security. A recently suggested regulatory model from Polygon Labs’ legal team shows that…
AltLayer Unveils $100 Million Airdrop to Eligible Ethereum Wallets’ Users
The airdrop season has yet to conclude, with scaling protocol AltLayer unveiling the ALT token airdrop on Thursday, January 25. The protocol joined other sizable token distribution projects by announcing $100 million…
Magnus Carlsen Partners with Chess.com to Launch ‘Anichess’ NFT Game
After generating $1.5M in 2023, Anichess is playable with backing from Chess.com and Magnus Carsen, an acclaimed chess grandmaster. An announcement by Animoca Brands shows that Anichess is in the initial stage…
Taki Unveils Play-to-Earn Mobile Games on Polygon Network
Following the unveiling of a social application on Solana, Taki Games and Unite have merged. Besides, a new CEO and Polygon mobile games are being unveiled. Taki started life with a crypto-enhanced…
Play is Over as Suspension Exceeds 30% of Crypto Games
New research documents reveal that several inactive crypto and nonfungible token games have been idle for months. The latest research from Game7, a blockchain gaming group, revealed that almost 50 crypto…
Price Analysis January 11th, 2024 – BTC, ETH, BNB, SOL, MATIC, and XRP
On Tuesday, drama erupted when the US Securities and Exchange Commission wrote on its X account that all applications for spot Bitcoin ETF had been approved but later informed investors that the…
Phantom Wallet to Launch Bitcoin, BRC-20 tokens, and Ordinals
Udi Wertheimer claims Phantom’s incorporation of Bitcoin verifies the ecosystem’s wide expansion. On Wednesday, Phantom, a self-custody crypto wallet that started on Solana, revealed it had initiated compatibility with Bitcoin, BRC-20 tokens,…
Crypto Startup Babylon Considers Native Bitcoin Staking Possible on Ethereum and Solana
Cryptocurrency startup Babylon has, in its recent statement, confirmed the development of a mechanism to facilitate Bitcoin staking compatible with proof-of-stake (POS) blockchains. Babylon weighed in on the essential truths that dictate…
Farcana Nets $10M for NFT Esports Shooter that Pays Out Bitcoin
Farcana, a science fiction, and team-founded hero shooter, remains in early development. Currently, it possesses a fresh round of capital to leverage. The Farcana team has generated $10M to further develop its…