Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

Polygon and Filecoin announce cross-compatible bridge and extend free storage to encourage the development of Web 3 infrastructure DUBAI, UAE / ACCESSWIRE / August 21, 2021 / Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, has today announced a cross-chain bridge to decentralized storage network Filecoin to accelerate Web 3 interoperability between both…

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FTX in Turmoil as Co-Founder Admits Faking Insurance Fund Figures

FTX in Turmoil as Co-Founder Admits Faking Insurance Fund Figures

Co-founder Gary Wang admitted to generating false figures using a random number generator, raising concerns about trust and transparency. Key Takeaways In a revelation that has sent shockwaves through the cryptocurrency world, Gary Wang, co-founder of FTX, has admitted to falsifying the exchange’s insurance fund figures, essentially throwing the platform and its founder, Sam Bankman-Fried,…

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Revuto, a fintech company leveraging web3 technology to revolutionize how you manage and pay for your subscriptions, closed a seed round of over $2M with Alpha Token Capital and Segma Ventures

Dubai, 3 November 2023 – Revuto, a pioneering Web3 payment and subscription management platform that simplifies the way individuals manage their subscriptions for everything from entertainment services like Netflix and Spotify to productivity tools such as Asana and Google Workspace, has announced the successful close of its +$2M Seed funding round. The fintech company that…

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BonqDAO lost $120 million in a cyber attack

BonqDAO Lost $120 Million in a Cyber Attack

Crypto-asset security is an ever-present concern, and its fragility has been highlighted once again. BonqDao, a financial services provider, has been subject to a crippling cyberattack as its oracle was infiltrated by an insidious hacker. The exploit enabled the criminal to manipulate the price of AllianceBlock tokens, resulting in losses amounting to $120 million for…

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Marlin’s OpenWeaver And FlowMint 2.0 Rewards Come To Polygon

Marlin’s OpenWeaver And FlowMint 2.0 Rewards Come To Polygon

Bangalore, August 4, 2021 – The Polygon ecosystem continues to attract projects leveraging its technology stack. Marlin, a blockchain-agnostic protocol providing high-performance programmable network infrastructure for DeFi and Web3, brings its Openweaver solution to Polygon. Marlin integration reduces latency and increases block propagation speed thus accelerating the Polygon chain. The success of Polygon as a…

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