October 24, 2022

Polygon Exchange QuickSwap Hacked! Exploit Allows $250K To Be Stolen

Polygon’s Decentralized Exchange (DEX) “Quickswap” was recently the victim of an attack in the blockchain. The cybercriminals were able to take over $220,000 through a flash-loan exploit on Quickswap’s platform. The attack based itself on the “flash loan” mechanism. This type of instant loan allows users to take loans without collateral. However, this type of […]

October 19, 2022

Flipkart and eDAO Join Forces For The Creation of “Flipverse” on Polygon

Flipkart, India’s e-commerce behemoth, is foraying into Web3 with a daring experiment in the future of buying on Polygon. The “Flipverse” is a project that aims to provide individuals with the opportunity to immerse themselves in a AAA game-like high-fidelity metaverse in which their digital avatars may embark on missions to unlock new e-commerce experiences. […]

October 17, 2022

Polygon Hits All-Time Record of Daily Active Addresses

Polygon, a layer 2 blockchain for Ethereum, has good reason to celebrate its latest numbers checkup. Recently, data from Polygon Scan shows that on Thursday, October 13, 2022, there were 782,186 active addresses on Polygon’s PoS chain, a new record for the blockchain. Since Polygon made a public testnet for Zero-Knowledge rollups (zkEVM) available, the […]