On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order
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Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer
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While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K per bitcoin will happen. Bitwise
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Blockchain monitoring and workflow automation platform PARSIQ recently completed the integration of the Polygon network into its ecosystem. PARSIQ Integrates Polygon According to a Monday press release shared with CryptoPotato, investors, traders, and development teams can
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The growing adoption as well as an explosion in DeFi activity has led to cryptocurrency transactions at an all time high. This has inadvertently resulted in the congestion of the most popular network, Ethereum. This
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It’s the season for Ethereum Layer-2 protocols, with many of them seeing massive adoption and capital inflows in recent times. With their increased assimilation into the mainstream, cryptocurrency exchanges have had no choice but to
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On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation sixfold to
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While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics show that the total locked-in value (TVL) in
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Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum has started the challenge trend and holds the lion’s share of challenging TVL, a large number
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This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $ 10 billion in sales and the average selling price since the launch of
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