Polygon Labs, the creator of the Polygon network, has proposed an architecture for its forthcoming바카라 웹사이트“Polygon 2.0” project.바카라 웹사이트바카라 웹사이트
Here are some of the major developments from the world of crypto over the past few days
Polygon Labs, the creator of the Polygon network, has proposed an architecture for its forthcoming바카라 웹사이트“Polygon 2.0” project.바카라 웹사이트바카라 웹사이트
The team wrote in a blog past that the new project should be made up of four different “layers” that바카라 웹사이트will combine to create a web of networks ultimately connected to each other through Ethereum,바카라 웹사이트Cointelegraph.com바카라 웹사이트reported.바카라 웹사이트바카라 웹사이트
If approved by validators, Polygon 2.0 will also feature an aggregator that makes bridge transactions바카라 웹사이트“near-instant and atomic,” the team said.
The team had first announced Polygon 2.0 on June 12, 2023. Later on June 20, co-founder Mihailo바카라 웹사이트Bjelic proposed upgrading the existing Polygon network. The latest post gives greater detail about바카라 웹사이트what Polygon 2.0 will look like.바카라 웹사이트바카라 웹사이트
The foundation of the project will be the “staking layer” that currently exists. This consists of a바카라 웹사이트“validator manager” contract on Ethereum plus an additional “chain manager” contract for each바카라 웹사이트individual Polygon chain. In the future, new Polygon chains will be able to form by launching new바카라 웹사이트chain manager contracts on Ethereum.
$656M Lost From Crypto Hacks, Scams, Rug Pulls In H1 2023: Report
The total value of cryptocurrencies lost in scams, hacks and rug pulls amounted to $656 million during바카라 웹사이트the first half of 2023, according to a June 30, 2023 report by Web 3.0 security firm, Beosin.
This includes the loss of $471.43 million in 108 protocol attacks, $108 million in various phishing바카라 웹사이트scams and $75.87 million over 110 rug pulls. For hacks, the amount represented a significant바카라 웹사이트decrease over H1 2022 and H2 2022, where $1.91 billion and $1.69 billion were lost, respectively.바카라 웹사이트바카라 웹사이트
“Approximately $215 million of stolen assets were recovered, accounting for 45.5 per cent of all바카라 웹사이트stolen assets. In contrast, in 2022, only 8 per cent were recovered and $113 million of stolen assets바카라 웹사이트were transferred to mixers: $45.38M into Tornado Cash and $68.14M into other mixers,” Beosin바카라 웹사이트analysts wrote in their report.
Celsius Network Gets Nod To Convert Altcoins Into BTC, ETH
The United States Bankruptcy Court for the Southern District of New York has approved bankrupt바카라 웹사이트crypto lender Celsius Network라이브 바카라 plan to convert its altcoins into Bitcoin.
The order was issued by Judge Martin Glenn, and the liquidations will pave the way for the바카라 웹사이트distribution of the funds to creditors in the near future, reports바카라 웹사이트Cointelegraph.com.바카라 웹사이트바카라 웹사이트
The proposal was officially approved following discussions between Celsius and the US SEC.바카라 웹사이트
Under the bankruptcy ruling, Celsius is authorised to “sell or convert any cryptocurrency assets,바카라 웹사이트excluding tokens associated with Withhold or Custody accounts, into BTC or ETH starting from July 1,바카라 웹사이트2023.
Celsius, which faced bankruptcy in 2022 following the collapse of the Terra ecosystem바카라 웹사이트and its Terra바카라 웹사이트(LUNA) and TerraUSD (UST) tokens, has left creditors waiting for a resolution. Despite the bankruptcy바카라 웹사이트filing months ago, the recent verdict has introduced new possibilities and extended the proceedings.