Why Polygon Will Implement Ethereum’s EIP-1559 Update

Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559. According to an official post, this upgrade will introduce a burning mechanism for MATIC and will improve its fee visibility. Related Reading | Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives Ethereum introduced EIP-1559 with…

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Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers

Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the latest target of…

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