Sunday, February 23, 2025

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

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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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SBF Speaks from Behind Bars

Regulation 0
From behind the bars of a high-security prison, Sam Bankman-Fried passionately defended his innocence in the FTX collapse during a phone call with The New York Sun, hinting at a political pivot toward Trump and criticising the legal process that led to his 25-year sentence.

Railgun Returns Stolen Funds: $9.5 Million zkLend Exploit

Web3 Security 0
The zkLend exploit reveals how privacy protocols with compliance mechanisms can unexpectedly reverse illicit gains, casting fresh light on the evolving interplay between DeFi, enforcement, and user anonymity.

Central African Republic’s CAR Memecoin

Memecoins 0
A government-endorsed launch or an elaborate hoax? The CAR memecoin’s roller-coaster debut lays bare crypto’s propensity for hype, scandal, and high-stakes speculation.

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