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.

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.

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.

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.

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

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 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.

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?

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.

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.

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.

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.

On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness.

ZKsync announced that one of its admin accounts, which controlled $5 million worth of ZK tokens, was hacked. The project has also reportedly dumped more than 66 million additional tokens.

The ZK token, introduced in June 2024 through a controversial airdrop, is down approximately 15%, according to The Block's data page.

The exploit highlights vulnerabilities in crypto airdrop security, potentially undermining investor confidence and impacting market stability. The post ZKsync's ZK token drops over 15% after airdrop contract exploit, $5 million stolen appeared first on Crypto Briefing.

An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens.

Marc Boiron, CEO of Polygon Labs, speaks with a practiced clarity that reflects his background as a lawyer. Over the course of our conversation, he outlines Polygon's strategy to position itself as the connective tissue in an increasingly crowded blockchain ecosystem.

With the growing competition in the blockchain ecosystem, Shiba Inu's Layer-2 blockchain, Shibarium, is struggling to keep up with its competitors as its daily trading volume plunges to only $21,000, far behind rivals like Polygon and Base. This raises concerns for Shiba Inu investors as traders seem to be shifting their focus elsewhere.

Polygon's Ecosystem Token (POL) has started to experience additional selling pressure after failing to hold above the $0.20 support level.

Aavegotchi, a project that combines non-fungible tokens (NFTs) and Web3 gaming, has chosen to stop using Polygon MATIC and move to Base, an Ethereum ETH Layer-2 network.

Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi's community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol's smart contracts on Polygon and re-deploying on Base, according to Aavegochti's governance page.

The move follows sharp drops in user activity and total value locked on Polygon as Base's usage climbs

TL;DR The Aavegotchi community approved, with over 95% support, the migration from Polygon to Base and the deactivation of the Geist contract. All game assets will be duplicated on Base, while contracts on Polygon will be locked to prevent changes or transfers.

The Aavegotchi community has voted to migrate from its existing deployment on Polygon to Base and sunset its Geist Layer 3.

Stani Kulechov's Lens Protocol has launched its ZKsync-powered Layer 2 Lens Chain to propel web3 social networking and data ownership.

Polygon's Ecosystem Token (POL) is stabilizing above the $0.19 low after breaking above the previous low of $0.29.