Polygon (MATIC) | ForkLog

ForkLog 20 18.12.2024

Polygon Faces Backlash Over $1.3 Billion Reserve Investment Proposal

The Polygon community has rejected a preliminary proposal to utilise over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. RE: Stake the Bridge proposal and Aave’s “Operation Polygon(e)” Recently, a pre-PIP went live from @AllezLabs and @Yearnfi regarding the staking of Polygon PoS bridge funds. A pre-PIP is exactly what […]

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ForkLog 34 17.12.2024

Lido to Cease Support for Polygon

The team behind the liquid staking protocol Lido Finance has halted operations on the PoS blockchain Polygon. The Lido on Polygon sunset process has begun.https://t.co/icgidJsbqF See below for an overview of upcoming timelines and requirements ?? — Lido (@LidoFinance) December 16, 2024 Withdrawals are available until June 16, 2025, after which they will be accessible […]

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ForkLog 12 13.12.2024

Polygon Community to Consider $1.3 Billion Allocation on Ethereum Bridge

The Polygon community will evaluate a proposal to leverage over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. These funds are currently locked on the PoS Chain and Ethereum bridge. The initiative has been put forward by Web3 risk providers Allez Labs and the teams from Morpho and Yearn. The […]

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ForkLog 38 14.11.2024

BlackRock Expands BUIDL Integration to Multiple Blockchains

BlackRock has integrated its tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with Aptos, Arbitrum, Avalanche, Optimism, and Polygon, as reported by The Block. Initially launched with Securitize, the structure was originally available on Ethereum. The initiative aims to enhance the potential of the BUIDL ecosystem. “Each blockchain opens its applications […]

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ForkLog 21 04.09.2024

Polygon Initiates MATIC to POL Conversion

On September 4, developers of the Polygon Layer 2 network launched an update to convert the blockchain’s utility token MATIC to POL at a 1:1 ratio. we interrupt your doomscroll with another reminder MATIC will be upgraded to POL tomorrow ? the tl;dr for the hyperproductive token: https://t.co/brdQT9WeFa pic.twitter.com/D63qiqdZPX — Polygon | Aggregated (@0xPolygon) September […]

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ForkLog 42 26.08.2024

Discord Channels of Avalanche and ZKsync Compromised to Promote Scams

The Discord servers of the Avalanche blockchain and the ZKsync layer-two network have fallen victim to malicious attacks. SECURITY ALERT: The official Avalanche Discord has been compromised. Please do not interact with any accounts or click any links until further notice. — Avalanche ? (@avax) August 25, 2024 On August 25, the Avalanche team reported […]

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ForkLog 9 30.07.2024

SEC to Withdraw Demand for Solana and Other Assets to Be Recognized as Securities

The U.S. Securities and Exchange Commission (SEC) intends to seek amendments to its initial lawsuit against Binance. The proposal could potentially affect the need for a court decision on whether assets like Solana are considered securities. “The amendments will eliminate the need to render a verdict on the sufficiency of the allegations regarding these tokens […]

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ForkLog 17 18.07.2024

Polygon Team Sets Date for MATIC to POL Conversion

Polygon developers have set September 4 as the date for converting the utility token MATIC into the Polygon Ecosystem Token (POL) at a 1:1 ratio. SAVE THE DATE: MATIC → POL After community consensus, the long-awaited upgrade is set for September 4th • Initial phase: POL replaces MATIC as the native gas and staking token […]

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ForkLog 11 09.07.2024

The Open Platform to Launch L2 Protocol Using Polygon Technology

The team behind The Open Platform (TOP) is developing a Layer 2 solution based on Polygon CDK for The Open Network (TON) ecosystem.

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ForkLog 19 25.04.2024

Arbitrum, Optimism, Polygon, StarkWare, and zkSync to Integrate Avail’s Data Availability Layer

Layer 2 projects Arbitrum, Optimism, Polygon, StarkWare, and zkSync are set to integrate the data availability (DA) layer from the modular blockchain team Avail.

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ForkLog 17 19.04.2024

Avail to Distribute 600 Million AVAIL Tokens in Airdrop

The team behind the modular blockchain Avail will conduct an airdrop for its users, allocating 600 million AVAIL for this purpose. Avail is positioned as a data availability layer for Optimism, Validium, and other zero-knowledge proof-based solutions that will operate on top of it. The technology enables data availability to be posted and verified off-chain, […]

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ForkLog 20 01.04.2024

Polygon CEO Questions the Necessity of L3 Networks for Ethereum

Third-level networks are unnecessary for scaling Ethereum and pose a threat to the security of the ecosystem’s main blockchain, according to Polygon Labs CEO Marc Boiron. I’ll say the quiet part out loud: L3s exist only to take value away from Ethereum and onto the L2s on which the L3s are built. *You do not […]

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