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Polygon plans to launch AggLayer protocol, a novel solution to address Web3 fragmentation and scalability issues.

The new "AggLayer," set for launch next month, relies on zero-knowledge proofs, a type of cryptography that Polygon Labs is betting on as a core underpinning of future blockchain architecture.

Polygon will release an aggregation layer that will connect Layer 2 blockchains with the help of ZK proofs.

The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. Related Reading: Solana-Based Aurory Suffers Devastating Exploit: 80% Of Liquidity Gone GAMEE Confirms $15M Exploit On Polygon On January 22, GAMEE Token's official X (formerly Twitter) account advised its users to refrain from engaging with the digital asset while their team investigated the GMEE token-related security comprise it had just suffered.

The price of Polygon (MATIC) falls below the moving average lines, but is approaching the current support level of $0.73. Price analysis by Coinidol.com.

The GMEE token has lost nearly half of its value following a $15 million exploit on its Polygon contracts.

The recent Bitcoin (BTC) pullback below $40,000 has dragged almost the entire altcoin industry in the past 24 hours leading to Tuesday. The sudden drop in the crypto price has resulted in the liquidation of more than $247 million from leveraged traders.

A series of unauthorized transactions on the Polygon network have been identified, leading to a loss of approximately $7 million. The affected token, $GMEE, suffered a significant compromise, with initial investigations pointing to a lapse in access control.

The price of Polygon Matic is dropping continuously at an unprecedented rate as of January third week, 2024. It is currently trading at $0.757 and has dropped by nearly 2% in the last 24 hours, as of January 23, 2024.

This unexpected uptick reflects a growing trend of interest and engagement with digital collectibles. Enthusiasts and investors alike flock to the Polygon network for the latest in the world of non-fungible tokens (NFTs).

Sky Mavis, the creator of the popular play-to-earn NFT game Axie Infinity, has announced a significant upgrade to the Ronin blockchain's official crypto wallet.

Astar Network's token has witnessed a 26% price increase in the past week. Leveraging the cross-virtual machine feature on Polygon and Polkadot, Astar delivers personalized blockchain solutions.

Amid their bankruptcy processes, beleaguered cryptocurrency firms FTX and Celsius Network are actively divesting their digital asset portfolios.

After shaking the markets with its bankruptcy in 2022, lending firm Celsius Network liquidates assets amid its restructuring plan. Recently, the firm transferred 34.09 Polygon (MATIC) tokens to Binance. Celsius Network dumping MATIC On-chain data shows the firm sent 34.09 Polygon tokens, worth around $25.7 million, to Binance within the last 10 hours.

According to Polygon co-founder Branden Farmer, parallelized EVMs may help to solve the problem of inscription spam.

A new integration between two major altcoin ecosystems kicks off, paving the way for more second-layer networks powered by ZK proofs. With such networks, customers will be able to save on transactional costs and infrastructure resources.

NEAR's data availability solution promises to drastically reduce the cost of data storage for rollups building with the CDK.

The Polygon (MATIC) price has decreased since December 17, 2023. It recently fell below a horizontal resistance area.

Recently, the blockchain intelligence firm ChainArgos brought to light some unsettling findings about the Polygon network. According to ChainArgos, suspicious transaction patterns have emerged, raising questions about Polygon's adherence to its initial token allocation plan.

The Polygon (MATIC) ecosystem attracts more developers than any other blockchain besides Ethereum.

Celsius Network's move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.

The vast majority of the crypto market is in the red on Thursday. However, ethereum, and its ecosystem continues to look bullish.

Bankrupt Celsius stirs Polygon (MATIC) uncertainty with large transfers to exchanges.

The blockchain intelligence firm, ChainArgos, recently raised some concerns about Polygon's token allocation plan, suggesting that the presence of suspicious transfers from the platform to exchanges has been detected.