Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31

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If you thought 2021 was the year of DeFi’s mainstream adoption, just wait for 2022. Cardano founder IOHK_Charles projects user count to exceed 10 times the current 2 million next year because of the vast demand within the nonfungible token space.

According to a recent blog post from Polygon, two good-willed whitehat hackers, Leon Spacewalker and Whitehat2, discovered the incident on Dec. 3 and Dec. 4, respectively, alerting blockchain security platform Immunefi.

Leon Spacewalker is set to be rewarded a cool $2.2 million in stablecoins for their efforts, while the second anonymous hacker, Whitehat2, will pocket $1.27 million in MATIC tokens directly from Polygon.This week, in an end-of-year YouTube live stream titled “DApps and Cardano DeFi Alliance,”spoke candidly about the emerging landscape of DeFi projects and creators on Cardano in addition to advising participants about the volatile nature of exponential markets.

The “only thing that holds us back is us,” he said before exclaiming that empathetic and friendly collaboration is a fundamental component to productive dialogue and progress toward our shared pursuit of a more prosperous financial future.

 

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