Tag: POLYGON

Cross-Chain Bridges That Connect 5 Different Blockchains To Ethereum

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s…

Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC On ETH, Lending On ETH Taps $44 Billion

In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen…

As Crypto Economy Slumps, Total Value Locked In Defi Continues To Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values…

Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While…

Poly Network Says Stolen User Assets On ETH Have Been Returned, Except Frozen USDT

On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether…

Poly Network Hacker Says ‘In The Defi World Code Is Law’ While Returning Millions In Defi Tokens

Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions…

Poly Network Defi Hacker Returns A Large Fraction Of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements

On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from…