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Polygon - YFarmX | Crypto News & Education
Saturday, December 21, 2024

Polygon Layer 2 Network

Polygon:AggLayer

Polygon, formerly known as Matic Network, is a layer-2 scaling solution for Ethereum that enhances transaction speed and reduces fees through its sidechain architecture. Launched in 2017, Polygon operates as a multi-chain system, providing a framework for building and connecting Ethereum-compatible blockchain networks. It combines the security of Ethereum with the scalability of its own Proof-of-Stake (PoS) sidechains. By offering lower transaction costs and faster processing, Polygon supports a wide range of decentralised applications (dApps) and DeFi projects, making it a key player in expanding Ethereum’s capabilities and adoption.

Polygon Whitepaper

Polygon News

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Failed Rainbow Bridge Attack on NEAR Protocol Costs Attacker 2.5 ETH

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The Rainbow Bridge for the NEAR Protocol was attacked on May 1. Alex Shevchenko, CEO of Aurora Labs, says that no funds have been stolen, and the attacker even lost money.
Polygon News

New stake pool with gauge is available on the Polygon Network by Curve

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The TrueUSD(TUSD) and am3-Curve DAO Token (CRV) pool launched on Curve’s Polygon network with the gauge feature, one of only seven pools on Curve’s Polygon network that have it. The TUSD-am3CRV pool is supported on Curve’s Ethereum network as well.

Zero-Knowledge Identity Platform for Web3 is launched by Polygon

New reference rates for Solana, Cardano, Polygon and other altcoins added by CME

MATIC / POL Price

Polygon NFT's

Matic/POL to USD Converter

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YFarmX is a web3 media brand that delivers breaking news and premium insights about digital assets. As part of our editorial content, we provide learners with the critical analysis and information they need to make smarter decisions and to better understand emerging web 3.0 technologies.

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SBF Appeal Seeks to Overturn Conviction, Cites Judicial Bias

Solana News 0
Sam Bankman-Fried has filed an appeal seeking a retrial of his fraud conviction, citing judicial bias and claiming that the original trial was unfair. His legal team argues that the judge's actions compromised the fairness of the trial, leading to an unjust conviction.

UK Parliament Introduces New Bill to Recognise Cryptocurrencies as Personal Property

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The UK Parliament has introduced the Property (Digital Assets etc) Bill, officially recognising digital assets like Bitcoin, NFTs, and carbon credits as personal property. This new legislation provides owners with legal protections against fraud and theft, positioning the UK as a global leader in crypto law.

TADA Partners with TON to Introduce Web3-Powered Ride-Hailing

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TADA, a leading ride-hailing service in Southeast Asia, has partnered with the TON Foundation to launch TADA Mini, a Telegram-based app that integrates Web3 technology into ride-hailing. Users can now book rides directly through Telegram and pay with cryptocurrencies like $TON or $USDT-TON. This collaboration marks a step forward in mainstreaming blockchain technology and cryptocurrency adoption in everyday services.

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