Week In Polygon News #2
A weekly newsletter covering key developments across the Ethereum and polygon ecosystem from 31st July 2021-7th August 2021.
📰 Trending News
Ethereum London hard fork goes live
The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height 12,965,000, ushering in the Ethereum Improvement Proposal (EIP) 1559.With the upgrade triggered, Ethereum will now undergo a significant overhaul of the network’s transaction fee market and other parameters such as gas refunds among others.
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill.The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of digital currency.
Polygon is an aggregator and that’s it’s ‘biggest power’: Polygon Co-Founder
During the interview with Yahoo Finance Sandeep Nailwal, Polygon Co-Founder Said ‘Polygon is after Ethereum the most adopted blockchain right now. All the top DeFi protocols that you see, most of them have a layer two store, or a secondary chain store at Polygon. And they are now seeing more users on these secondary chains.’
Creation of Polygon 10 Index (P10)
The Polygon Foundation would like to partner with Index Cooperative to launch the Polygon 10 Index (P10). This index will showcase the top-performing projects built on Polygon based on weighted market cap. The index will serve to give holders exposure to the leading protocols that natively exist on Polygon.
🛠Polygon Updates⚙
Simplex will support Polygon $MATIC onramps via Simplex payment gateway
Simplex, a leading fiat-to-crypto payment gateway, will support $MATIC.Simplex’s support for MATIC will enable non-crypto users to purchase MATIC using their credit/debit cards, Apple Pay, SEPA, or SWIFT transfers via Simplex’s partner venues. MATIC joins Bitcoin and Ethereum, thus opening the door for millions to benefit from the Polygon ecosystem.
Risk Harbor launches first-ever automated risk management hack simulator on Polygon
Risk Harbor has launched the first-ever protocol hack simulator for automated protection!With the Polygon integration, Risk Harbor is running the hack simulator on top of the Mumbai testnet. Additionally, the simulator will enable users to underwrite, simulate a protocol hack on the user interface, file a claim, then receive a payout all within blocks of the hack, demonstrating the efficacy of the innovative Risk Harbor protection mechanism.
DeFine is coming on Polygon
NFT Social platform DeFine will be coming on Polygon! This integration will lower barriers of entry for users of the platform and allow all creators including artists, musicians, influencers, gamers, and athletes to engage and interact with their fanbase with digital assets like NFTs and social/fan tokens.
Marlin’s OpenWeaver And FlowMint 2.0 Rewards Come To Polygon
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.
BigONE Strategy: a few things you need to know about Polygon
BigONE exchange now supports the Polygon mainnet and offers a MATIC/USDT trading pair. As a prospective first-time buyer of Polygon, BigONE feels you should know a few things. Read the above link for more information.
Kwikstarter IDO Launchpad is live on Polygon!
Kwikstarter IDO Launchpad has just launched it's second iteration of the platform and has gone LIVE on Polygon. Kwikstarter Polygon (Formerly Matic) IDO Launchpad enables crypto start-ups and projects the ability to raise liquidity, distribute tokens and go-to-market through Kwikswap DEX.
📡 Polygon Bits
📜 Blog Posts
Red Kite to Support Conducting IDO for NFT Games and DeFi Projects on Polygon Network
The unique decentralized protocol KnitFinance has launched its testnet on Ethereum & Polygon
Celsius Secures Backend Pricing of Crypto Using The Chainlink, A Major Leap in CeFi Decentralization
Chair, the first Rights & Benefits NFT DEX, is live on Polygon
The unique decentralized protocol KnitFinance has launched its testnet on Ethereum & Polygon
✍ Education
🎙 Podcasts and tweets of the week
🎥 Videos
🔊 Meme or Video of the week