Week In Polygon News #3
A weekly newsletter covering key developments across the Ethereum and polygon ecosystem from 7th August 2021 to 13th August 2021
📰 Trending News
Read this story 👉Polygon Merges With Hermez Network in $250M Deal
Polygon is merging with platform Hermez Network in a deal worth approximately $250 million at the time. Hermez will be absorbed into the Polygon ecosystem under the name Polygon Hermez, where it will become a part of Polygon’s suite of solutions including Polygon SDK and Polygon Avail .
Read this Story 👉Poly Network Suffers Record-Breaking $600.3 Million Hack
Multi-chain interoperability protocol Poly Network fell victim to an exploit on Tuesday this week, resulting in the loss of roughly $600 million worth of various cryptocurrencies, the platform's developers revealed
Read this story 👉 Hacker returns most of $600 mln crypto tokens taken PolyNetwork
Hackers behind one of the biggest ever digital coin heists have now returned nearly all of the $610 million-plus they stole, Poly Network, the cryptocurrency platform targeted earlier this week by the attack, said on Thursday.
The cryptocurrency community is a little bruised right now, but the events in Washington weren’t a total loss, experts say. These developments fit into a common theme for the young crypto industry: it suffered a short-term blow that’s likely a victory for those playing the long game.
Read this Story 👉These are the 5 most in-demand cryptocurrency jobs right now, according to Monster
As demand for cryptocurrency grows, so has the number of jobs in the crypto market. There are thousands of open roles mentioning “bitcoin,” “cryptocurrency” and “blockchain” across job search platforms LinkedIn, Indeed and Monster. Fortune 500 companies such as JPMorgan Chase, Amazon, Apple and PayPal are hiring for cryptocurrency positions.
🛠Polygon Updates⚙
Chainstack to contribute to Polygons $150M Defi For All Fund
Read this story 👉Hop supports instant $MATIC withdrawals
The Hop Protocol has now enabled instant MATIC withdrawals from Polygon to Ethereum.$400 000 worth of MATIC rewards will be given to Hop Liquidity provides in the $hMATIC-$MATIC AMM over the next year to attract and sustain deep liquidity.
Read this story 👉Hyphen will enable instant cross-chain transactions to make the multi-chain experience seamless
Until now getting in & out of Polygon was a nightmare. Not anymore! Hyphen is the fastest way to move between Ethereum & Polygon! And it's also upto 50% cheaper than the native bridge. According to one user @divyan73 Hyphen is 57.6% cheaper than official Bridge
Read this story👉 Quickswap goes live on CoinbasePro
Read this story👉Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs
Teller Finance, a non-collateral lending protocol for the decentralized finance (DeFi) market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable user-friendly solutions. With the launch of Teller’s Polygon mainnet, users can begin making deposits and funding liquidity pools immediately, the company disclosed Tuesday. The Teller protocol continues to be available for use on the Ethereum (ETH) mainnet.
Read this Story👉 Rario launches its Debut Cricket NFT platform on Polygon
Rario will be the first officially licensed cricket NFT platform built on Polygon that allows users to collect digital collectibles of their favorite cricket players. The cricket NFT platform can leverage Polygon’s best NFT DeFi composability out of all blockchains outside of Ethereum due to more than 300+ gaming and NFT projects built on Polygon such as Opensea, Decentraland, and Rarible coupled with DeFi bluechip apps such as Aave, Curve, Sushiswap, and Balancer.
📡 Polygon Bits
Read this story 👉Polygon August Adrenaline Series — Venly
Read this story 👉PolygonPunks, The 1st NFT Punks on Polygon (Matic) Experiencing Explosive Growth
Read this story 👉Interacting with Tetu
Read this story 👉Cirus Builds on Polygon for Scalable Data Remittances
Read this story 👉Sherpas Can Now Stake OM on Polygon
Read this story 👉FUNToken announces new layer 2 token XFUN on Polygon
Read this story 👉Mobius Finance integrates The Graph to power its multi-collateral synthetics platform
Read this story 👉dHEDGE V2 Trading Competition Launching on SushiSwap Polygon with $100,000 Prize Pool
✍ Education
Watch Here🎞 on How To Set up And Fund Matic Wallet (via) Metamask
🎥 Videos
Watch Here 🎞a 20 Minute Polygon Primer With Co-Founder Sandeep Nailwal
Watch Here 🎞 Bankless State of The Nation Interview with Sandeep Nailwal And Mihailo Bjelic