TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with tokens based on the value of the data generated, which is later commercialized for logistics and insurance.

Polygon surprises the NFT market by surpassing Ethereum with a collection backed by physical assets. This performance marks a turning point in the industry, where the tokenization of real objects is increasingly attracting investors seeking tangible value and blockchain security.

With tokenized vehicles now live, Polygon and Pyse say India's EV market is ripe for blockchain-powered green infrastructure.

Avalanche cryptocurrency shows strong potential for a 21% price rally to $25.15 if it breaks above the $21 resistance level amid increased whale activity.

In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.

AVAX's large transaction volume jumped by 169%, indicating strong interest from whales and institutions.

ZKSync's parent company, Matter Labs, has been sued by Bankex, a now-defunct digital asset banking platform, which has accused it of intellectual property theft.

Polygon NFTs have generated $22.1 m in weekly volume, passing Ethereum and Bitcoin and attracting nearly 59 % more buyers. Courtyard's tokenized Pokémon and baseball cards illustrate how insured vault custody and burn‑to‑redeem options have strengthened confidence in hybrid real‑world‑asset models. The post Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges appeared first on Cryptonews.

Two Layer 1s are gaining momentum again: Solana (SOL) is drawing bullish forecasts with a $143 price target, while Avalanche (AVAX) is showing early signs of recovery after reversing a bearish trend. Both tokens are reclaiming market attention as capital inflows rise and sentiment improves.

Avalanche's AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets.

POL (POL) bulls continue to drive the token's short-term rally that began on April 18, pushing the price higher and achieving double-digit percentage growth on the weekly timeframe.

Matter Labs, the company behind layer-2 blockchain ZKSync, has been sued by BANKEX, a defunct digital asset banking platform, for intellectual property theft.

The price of Avalanche (AVAX) is currently 20.42 USD, marking a slight daily decline of 0.79%, but with a weekly increase of 2.52%, according to CoinMarketCap data updated as of April 22, 2025. The recent performance of AVAX suggests a phase of consolidation, with contrasting signals between technical corrections and bull cues.

Ethereum lost its spot as the top NFT platform from the first time, to its layer 2 Polygon.

The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover?

Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week.

The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs. AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.

The Zksync team has given the hackers behind a recent exploit a 72-hour ultimatum to return 90% of stolen funds, or face criminal liability.

The crypto market is attempting a recovery, with Bitcoin (BTC) nearing the $90,000 milestone. Amidst improving sentiment, several startups are launching enticing airdrops, providing crypto enthusiasts with opportunities to engage with budding platforms without initial financial input.

Polygon's Ecosystem Token (POL) is rising in price after breaking above the 21-day SMA barrier.

Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.

Polygon's flagship DEX merges AI with DeFi to simplify complex tools and make them easily accessible.

Total value locked (TVL) is a widely used metric to track the popularity, adoption, and overall health of decentralized finance (DeFi) projects. However, is it the most accurate reflection of a chain's true value?

Ava Labs President John Wu discusses Avalanche's accomplishments in bringing TradFi and gaming enterprises onchain.

The price of Avalanche (AVAX) has halted its fall above the $15 support.

As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization.Polygon is working with Jio, a telecom giant owned by India's richest man, Mukesh Ambani, to find ways to infuse blockchain technology into its existing services. The duo is currently adding blockchain-based capabilities to the JioSphere web browser, which would have been expensive, cumbersome and time-consuming via traditional methods.

Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.

Operation Avalanche showcased how the Secret Service worked across borders with Canadian law enforcement and blockchain analysts to disrupt a sophisticated $4.3M Ethereum phishing operation. The joint effort identified compromised wallets and alerted victims before additional assets could be stolen. The post Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” appeared first on Cryptonews.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

The Ethereum scaling-focused ZKsync team said one of their admin accounts was accessed and compromised, leading to the theft of over 100 million tokens.

Polygon's Ecosystem Token (POL) has halted its decline above the $0.15 support.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

ZKsync suffered a breach, resulting in $5 million in stolen ZK tokens. An admin account, particularly one with links to smart contracts responsible for airdrops, was compromised.

The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.

ZKsync and KiloEx are responding to separate security incidents involving a combined loss of over $12 million, as both platforms work with partners to recover funds.

Hacks are, unfortunately, rather common in crypto. However, a hack of the airdrop funds is rather unusual.

A ZKsync admin account was compromised on April 15, which allowed an attacker to mint about $5 million worth of unclaimed ZK tokens.

The administrator account for the Ethereum layer-2 scaling network ZKsync has been compromised, resulting in $5 million in losses.

On April 15, 2025, ZKsync confirmed that $5 million worth of ZK tokens were stolen after an admin wallet linked to the project's airdrop contracts was compromised.

A hacker compromised a ZKsync admin account on April 15, minting $5 million worth of unclaimed airdrop tokens, according to a statement from the official ZKsync X account. The attack was described as isolated, with no user funds affected.Following an investigation, ZKsync detailed the incident on April 15, disclosing that the compromised account had administrative control over three airdrop distribution contracts.

ZKsync's admin account was hacked, stealing $5M in tokens. The project confirms user funds are secure.

The protocol said that all user funds were safe.

Ethereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK tokens. The breach, which targeted the platform's smart contract infrastructure, has been acknowledged by the protocol through a post to the social media platform X.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

A compromised admin account connected to ZKsync's airdrop contracts executed a transaction that minted approximately $5 million worth of ZK tokens, stealing the remaining unclaimed allocation from the network's first token distribution. The attacker exploited a function to claim the tokens on April 15 and issued around 111 million ZK tokens, equivalent to roughly 0.

ZKsync confirms that approximately $5 million in airdrop tokens were stolen due to a compromised admin account.

TL;DR ZKsync suffered a cyber attack that compromised an admin account, stealing around $5 million in ZK tokens from unclaimed airdrop funds. The protocol ensured that user funds are safe and were unaffected, maintaining the integrity of the contracts and the ZK token. The attack caused a 8.3% drop in the price of ZK.

ZKsync confirmed that a compromised admin account drained approximately $5 million worth of ZK tokens from its airdrop contract.