The exchange said on Sunday hackers transferred the crypto assets from a hot wallet to an unidentified wallet.

Learn about popular NFT blockchains and the key things to consider when choosing the right blockchain for your upcoming NFT project.

Caldera Chains offer high throughput, low latency, and customizable features for optimizing the performance and user experience of decentralized apps, with the ability to process hundreds of transactions per second with sub-second confirmation times.

Polygon outperformed Ethereum in terms of daily active addresses, with 399,950 users compared to Ethereum's 376,350. The surge in activity on Polygon can be attributed to several factors, including the performance of its dApps and the migration of y00ts NFT.

Despite the slight decrease, blockchain gaming sector dominates with 44.37% active wallets. Q1 2023 sees bullish growth to 45.60%.

Polygon (MATIC), a layer-2 scaling solution, is making a name for itself in the gaming sector with impressive growth in daily unique active wallets (dUAW) last month, according to DappRadar. Polygon recorded 138,081 dUAWs in March, marking a 53% increase from the previous month, making it the second-largest gaming blockchain after Wax Blockchain (WAXP), which retains its seat as the leading gaming blockchain with its dUAW far surpassing that of Polygon by over 228%. On-chain gaming activity decreased by 3.33% in March to 741,567 daily Unique Active Wallets, but games still make up 45.6% of the DApp industry activity in Q1 2023.

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Both Polygon and zkSync have seen a surge in interest in the zkEVM sector, with a significant increase in their total value locked (TVL). However, the number of depositors on both protocols has started to fall, with a decline in the daily activity on both networks. According to Dune Analytics' data, the number of Ethereum deposits made through zkSync has declined from 40,000 to less than 10,000 over the last week, and in Polygon's case, the number of transactions fell from 2,300 to 257. While zkSync still has a lion's share of the zkEVM market, controlling 57.7% of all activity on zkEVM networks, Polygon is relatively new and has captured only 1.2% of the overall market. However, the hype around zkSync's upcoming airdrop and the positive sentiment around Polygon's existing token, MATIC, could attract users to both protocols in the long run. (ambcrypto)

It is a known fact that counterfeit NFTs have proliferated in the market today. Even though NFTs only exist as 1-of-1, there are still people who dare to fake it and make a profit out of it.

Reddit has deployed the third generation of its blockchain-based digital collectibles, called "Reddit Avatars," on the Polygon blockchain. The avatars were first introduced in July 2022 to empower artists to create and sell their work, and whenever users purchase a collectible, it can also be set as an avatar on Reddit's website. The avatars were made available in August 2022, generating thousands of dollars in sales for the artists. The deployment of Gen 3 on the Polygon blockchain has garnered excitement and praise from the community, with some predicting that the avatars would sell out in minutes. Reddit's NFTs have witnessed a surge in trading volume, with the collection reaching a new all-time high in terms of trade volume in October 2022.

Polygon saw a drop in network fees and revenue in recent weeks, even though the daily active addresses had increased by a small margin. The report highlighted a downturn in the weighted sentiment also.

Bitcoin rose by 1.36% to over $28,000 in the last 24 hours, while Ether gained 3.35% to reach $1,870.

Recent “temperature check” votes provided overwhelming support for adding Aave’s latest version 3 to the newly launched Ethereum layer-2 rollup, Polygon zkEVM, as well as to Binance’s BNB Chain, an alternative layer-1. Both chains employ dapps using the Ethereum virtual machine (EVM).

Polygon, a popular blockchain network, has been witnessing a surge in the GameFi sector. According to a recent report on Ambcrypto, several GameFi projects have been launched on the Polygon network, including games, NFTs, and staking platforms.

Crypto payroll company Franklin, developed internally at Web3 marketing firm Serotonin, has raised $2.9 million in a seed round co-led by Gumi Cryptos Capital and CMT Digital, with backing from crypto notable Arca.

Polygon has introduced SurfaceBoard.xyz, a new decentralized application (dApp) developed by Layer E. The dApp is designed to provide users with a range of tools and features for managing their cryptocurrency holdings and for participating in the broader crypto ecosystem.

We are excited to announce that the DeFund Protocol will be deployed on the Polygon Network! This not only means lower fees and faster transaction speeds but also makes our user base more diverse....

Phantom also introduced a "Default Wallet" setting that allows users to choose their default wallet or be prompted every time they connect their wallet.