Ethereum Watch

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network Polygon is in the news today after it incorporated the same update (EIP-1559) within its ecosystem. Advertisements The ‘deflationary’ club  Folks, #EIP1559 is a few hours away from going live on the […]

‘NFT‘ the acronym standing for the non-fungible token is currently the buzz word going forward. At least the buzzword we’ve heard over and over again in the past 12 months. As big as 2021 has been for non-fungible tokens, industry players expect 2022 to be even bigger for it. The arrival of regulation may place […]

In spite of the COVID-19 pandemic, the 2021 NFT boom was the talk of town during the summer. However, has winter turned its bang into a whimper? A quick look at some numbers suggests this might not be the case. Advertisements Turn up the volume to HIGH According to Dune Analytics, OpenSea’s monthly volume reached […]

NFTs often become punchlines, with countless “right-click and save” memes being born as a result of the same. On the flip side, however, traditional artists are speaking out about the pain of seeing their work stolen and minted as NFTs without their permission. Advertisements Thou “Art” a thief On 18 December, Liam Sharp, a British […]

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Advertisements Roll-out Polygon, a layer-2 scaling solution taking inspiration from […]

Key Takeaways A hacker has exploited MonoX Finance’s smart contracts, draining $31 million worth of assets. The MonoX team are attempting to contact the hacker to ask for the funds to be returned. Despite receiving two independent audits, the vulnerabilities in MonoX’s smart contracts were not found. Share this article URL Copied Advertisements A hacker […]

Share this article Panther Protocol has announced a strategic partnership with the leading Layer 2 scaling solution Polygon. Advertisements Panther and Polygon Tackle Privacy Panther Protocol, who is building their MVP on Polygon, aims to bring interoperable privacy and compliance friendly disclosure mechanisms to the Polygon network. Besides providing technical support, Polygon will help Panther […]

Via their Twitter handle, protocol and cross-chain bridge Polygon announced a new area of interest, ZK-based scaling solutions. In order to contribute and improve this approach to aggregate transactions into a blockchain, the project also announced a merger with Hermez Network and a $1 billion investment. Advertisements Based on zero-knowledge proof, the layer 2 scaling […]

Key Takeaways Kyber will launch its dynamic market maker (DMM) to Polygon Network later this month. The team has also announced liquidity mining programs on both Polygon and Ethereum to reward liquidity providers. Kyber joins many other Ethereum-native DeFi projects that have expanded to Polygon in 2021. Share this article Kyber is launching its dynamic […]

Key Takeaways Polygon is catching up to its main competitor, Binance Smart Chain, as the leading Ethereum bridge platform. Polygon’s growth took off when the popular crypto lending platform Aave moved to the sidechain network. Other apps like Curve Finance and mStable have also expanded to Polygon and driven adoption of the network. Share this […]