Sandeep Nailwal, the founder of Polygon, announced on Twitter that Polygon Labs will hold the Polygon Connect event in India on December 7th, publicly demonstrate the next generation of ZK products on December 14th, and release products related to RWA and institutional adoption on December 20th.

Wind, a Singaporean remittance company supported by Polygon blockchain, announced that it has received seed round financing led by German venture capital firm Global Founders Capital and Singaporean blockchain investment firm Spartan Group, with a total amount of US$3.8 million. Saison Capital, Alumni Ventures, and Tiny VC also participated in this investment.

Polygon Labs officially announced on X platform that Amazon Cloud has added Polygon PoS in Amazon Managed Blockchain (AMB) Access, allowing developers to more easily develop and launch dApps. AMB Access Polygon provides instant serverless access to Polygon PoS mainnet and public preview version of Mumbai testnet without the need for dedicated blockchain infrastructure. (Access during the public preview period is free, but standard AWS data transfer fees still apply)

According to data from The Block dashboard, the number of transactions on alternative Ethereum Virtual Machine (EVM) chains, including Fantom, Avalanche, Celo, Polygon, and BNB Chain, has surged since mid-November. Fantom saw the highest increase, reaching 1,321%, with transaction volume growing from 239,920 on November 17 to 3.41 million on November 26. Celo grew by 1,277% in just four days, with transaction volume increasing from 277,500 on November 22 to 3.82 million on November 26. Polygon saw a 155% increase in transaction volume from November 14 to November 26, while Avalanche's transaction volume grew from 321,900 on November 18 to 3.08 million on November 26, an increase of 857%.

Cyvers Alerts posted on the X platform stating that its system detected multiple suspicious transactions related to TeleportDAO. The attacker on Polygon exchanged all TELEBTC tokens for MATIC, amounting to $197,000, located at the following address: 0x580ba461892e1CC973519dD521c2d104ccdbD36f. Earlier today, TeleportDAO posted on the X platform that it has confirmed an issue with the TELEBTC <> MATIC liquidity pool. The team is investigating the matter and will release a notice as soon as possible.

On November 25th, TeleportDAO announced on the X platform that there were issues with the TELEBTC <> MATIC liquidity pool. The team is investigating the matter and will release an update as soon as possible. Earlier, there were reports that TeleportDAO may have been attacked and its Bitcoin-anchored token, TELEBTC, had severely deviated from its peg.

On November 25th, OKX CEO Star posted on social media that in the first week of its launch, 50 projects have already been deployed on the X1 testnet, and the team is launching more projects.

On November 23, Polygon Labs developer relations engineer Jarrod Watts stated that the Blast contract is an upgradable contract controlled by a 3/5 multi-signature, with all 5 addresses being anonymous new addresses. Blast may execute code upgrades and immediately steal funds through multi-signature, although many other Layer 2 solutions, including Arbitrum, currently have the same functionality. However, (currently) Blast is not Layer 2, but only a smart contract that accepts user funds and invests them in protocols such as Lido. There is no test network, no trading, no bridge, no rollup, and no transaction data sent to Ethereum. If the 3/5 multi-signature controlling the contract does not "do the right thing" in the future, users will not be able to withdraw money deposited in the Blast contract at any time.<br>In response, SlowMist founder Yu Xian stated that the Blast contract is indeed an upgradable contract, controlled by a 3/5 multi-signature (unknown who the 5 people are) and has no time lock. If they want to run away, they can upgrade a malicious logic contract with multi-signature or set a malicious mainnetBridge with enableTransition. Currently, Blast, except for the contract deployed on Ethereum, is a play on the split of centralized Web2 projects, but has endorsements from several well-known institutions. Users still trust projects endorsed by institutions more.

According to L2beat data, the total locked amount of Polygon zkEVM has reached $107 million, with a 7-day increase of 8.68%, surpassing Loopring to become the 10th largest Layer 2 in terms of total locked amount. The latter's current locked amount has dropped to $100 million, with a 7-day decrease of 8.35%.

According to the on-chain data tracking service Whale Alert, at around 17:48 Beijing time today, 6,612,562 MATIC tokens were transferred from an address starting with "0x3631" to Polygon Staking, equivalent to approximately $5,518,448.