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🦎🚀 Polygon's CliMATIC Upgrade 😰

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! Enjoy your Thursday, Geckos! Polygon was on the verge of losing nearly all of its MATIC tokens until it quietly upgraded its network earlier this month. The critical vulnerability was found in Polygon's proof-of-stake genesis contract, which would have allowed attackers to steal more than 9.2 billion MATIC tokens valued at more than $24 billion. In today's news, Times Square New Year's Eve celebration enters Decentraland, Robinhood to allow crypto transactions, and China's crypto ban sparks Thai crypto-mining boom. Read on!

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How much do you know about crypto taxes? 🤔 Taxes could be daunting, especially in crypto. Fret not! In this video, we explain all about crypto taxes and the things you should lookout for to get you prepared! 🧾 📺: Youtube Video Polkadot, the Layer 0 solution that aims to promote interoperability and bridge the gap between different blockchain networks. But how do these blockchains get integrated into the Polkadot parachain? 🤔 Learn more about Polkadot parachain auctions here. If you're inspired to participate in one of the auctions afterwards, have a read of our step-by-step guide which will tell you about all you need to know! 🔎 Celebrating 2022 In Decentraland Jamestown LP, the owner of One Times Square, is recreating the 26-story structure in Decentraland (MANA) to celebrate 2022. The company announced the plan as part of a collaboration with Digital Currency Group (DCG). The celebration will include non-fungible token (NFT) art galleries, rooftop VIP lounges, and virtual music performances. CoinDesk Competing With The CEXs Robinhood will allow users to deposit and withdraw Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and other tokens soon. Customers who are now on the waiting list for the trading app's crypto wallet will gain access to the beta version beginning in mid-January. Since its initial announcement in September, the trading app has been testing its digital wallet feature. Cointelegraph Thai Crypto Mining Industry Surges As China cracked down on crypto-mines, small investors in Thailand are scooping up cryptocurrency mining machines. Thai entrepreneurs quickly purchased the excess computer processors and shipped them to Southeast Asia. In September, Beijing banned all cryptocurrency trading and mining, citing fears that virtual currencies were spawning unlawful and criminal activity. Al Jazeera

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