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Polygon Foundation transfers 231.3 million MATIC to new Gnosis secure wallet address

As monitored by The Data Nerd, 11 hours ago, the Polygon Foundation contract address transferred a total of 231.3 million MATIC tokens (worth $195.7 million) to a new Gnosis safe wallet address 0xe71.

SNX, PEPE, and MATIC top the Smart Money 24-hour inflow list

According to Nansen 2 data on December 10th, Smart Money's 24-hour fund inflow tracking list on the Ethereum network is as follows:

Polygon Lianchuang: 2024 will witness the integration of Polygon and the Ethereum L2 network

According to DeepChain, Jordi Baylina, co-founder of Polygon, stated that in 2024, Polygon will integrate with various Ethereum Layer 2 scaling networks, completing its "Polygon 2.0" cross-chain coordination protocol.Baylina pointed out that the evolution of Polygon 2.0 will include multiple upgrades, using ZK-proof technology to unify these different protocols into a "continuous, infinite block space".

Polygon Bridge connects to OKX Web3 wallet

Polygon Bridge is now integrated with the OKX Web3 wallet, allowing users to exchange assets across different chains on the Polygon Bridge using OKX Web3. The Polygon Bridge enables bidirectional cross-chain channels between Polygon and Ethereum, allowing users to transfer funds (deposit) from Ethereum and return (withdraw) without third-party risks and market liquidity restrictions.

Polygon Bridge connects to OKX Web3 wallet

On December 4th, as shown on the official website, Polygon Bridge has now been integrated into the OKX Web3 wallet, allowing users to exchange assets across chains on Polygon Bridge through OKX Web3. Polygon Bridge has implemented a bi-directional cross-chain channel between Polygon and Ethereum, allowing users to transfer funds (deposit) from Ethereum and return (withdraw) without third-party risks and market liquidity restrictions.<br>It is reported that OKX Web3 wallet is a one-stop Web3 entrance, supporting 80+ public chains, with unified App, plugin, and web page, covering wallet, DEX, DeFi, NFT market, DApp exploration 5 major sections, and supporting Ordinals market, MPC and AA smart contract wallet, gas exchange, connection hardware wallet, etc.

Polygon zkEVM has supported the cross-chain USDC standard

Polygon Labs has announced that Polygon zkEVM now supports cross-chain USDC standards, making it easier to transition to native USDC in the future. Older versions of cross-chain USDC that do not follow the standard will gradually be phased out in favor of new standard-compatible cross-chain USDC, and developers and users can exchange their old cross-chain USDC 1:1 for the new cross-chain USDC. Beginning next week, DeFi protocols on Polygon zkEVM will support the exchange from traditional USDC to standard-compatible cross-chain USDC.

Yearn V3 is launched on Polygon, introducing tokenization strategies and supporting the creation of a single strategy vault without permission.

Yield Aggregator Protocol Yearn has announced the launch of Yearn V3 on Polygon. Yearn V3 introduces tokenization strategies and supports the creation of single strategy vaults without permission. In addition, the strategies and vaults are now fully compatible with ERC-4626. Yearn will add new vaults and strategies before releasing on other chains.

Yearn v3 is launched on Polygon

According to official X account news, Yearn v3 has now been launched on Polygon. Yearn v3 aims to be the underlying layer for all DeFi yields. As open, permissionless, and composable as possible, v3 will gradually add new vaults and strategies before releasing on other chains.

Polygon funded millions of dollars to betting company DraftKings, which still failed to maintain node performance

According to on-chain data, Polygon previously provided sports betting company DraftKings with millions of dollars worth of MATIC. DraftKings publicly agreed to become a network validator to help run the Polygon blockchain, while also stating that it is an "equal" member of the validator community. Despite receiving compensation, DraftKings was unable to maintain the performance of its validator and was kicked out of the network last month. (Coindesk)

Polygon CISO proposes increasing code size limit for network smart contracts from 24kb to 32kb

Mudit Gupta, Chief Information Security Officer of Polygon, proposed in the governance forum to increase the code size limit of Polygon network smart contracts from 24kb to 32kb, in order to expand the operating space for developers.