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DeversiFi, a Layer 2 DeFi trading platform, has launched the first L2 bridge between leading Ethereum scaling project Polygon. The move will enable deposits and withdrawals between the two ...
As an example, Polygon Labs demonstrated how a user on Ethereum’s layer-2 chain Arbitrum holding USDT could purchase a nonfungible token (NFT) on Polygon’s zkEVM without the need to first bridge USDT to the zkEVM. “From the end-user perspective, this will feel like using a single chain” Polygon Labs stated.
The concept of non-fungible digital assets that could be owned on a blockchain predated ERC-721, with projects like Colored Coins on Bitcoin in 2012. [7] In 2017, just prior to ERC-721’s publication, Larva Labs launched the CryptoPunks NFT project on Ethereum using ERC-20 (a fungible token standard).
The hackers transferred approximately $610 million of the most valuable digital assets to three addresses they controlled on Ethereum, Binance Smart Chain and Polygon. [ 2 ] [ 3 ] After the attack, the Poly team asked exchanges and miners to be aware of the flow of stolen tokens and called for the hacker's transactions to be stopped, Tether ...
Originally known as the Matic Network, Polygon was created to scale Ethereum and improve the infrastructure. It is an India-based project aiming to make transactions cheaper and quicker on the...
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On October 11, 2018, ZRX was the first Ethereum ERC-20 token to begin trading on the US-based cryptocurrency exchange Coinbase. [ 6 ] On June 22, 2020, 0x announced the formation of 0x Labs stating, "As we continue to decentralize control of 0x protocol, the platform will take on an identity of its own and our organization will transition into ...
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