Polygon Labs integrates AUSD as the stablecoin for AggLayer to simplify cross-chain operations, reduce fragmentation, and enhance liquidity across the ecosystem. As cross-chain use grows, demand for AUSD and the POL token increases, with POL seeing a 45% rise over the past week and substantial trading volume. Backed by VanEck and State Street, AUSD provides…
October 14, 2024 at 04:35 PM GST updated: October 14, 2024 at 01:59 PM 2 mins read News Cronje reveals $14M in appchain infrastructure costs, arguing it distracts developers from innovation. Appchains face liquidity fragmentation, pushing funds through centralized bridges, increasing security risks. Lack of foundational support limits appchain developers, hindering network effects and broader…
September 18, 2024 at 04:55 AM GST updated: September 18, 2024 at 04:26 AM 2 mins read News IoTeX and Polygon Labs partner to merge IoTeX 2.0 with AggLayer for enhanced cross-chain DePIN adoption. AggLayer’s integration brings unified liquidity and ZK proofs, boosting security across multiple blockchains. New IoTeX infrastructure supports seamless multi-blockchain operations, linking…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…