Sunday, 14 July 2024

Crypto News

Polygon zkEVM restarts after hitch while Bitbot presale hits $1.3 million

Polygon price surges to 4-month high as Bitcoin hits $36.8k

  • Polygon zkEVM halted operations following a sequencer issue.
  • MATIC price was poised above $1.00 despite the negative development.
  • Meanwhile, Bitbot reached stage 7 of its presale, with growing interest in Telegram bots pushing the total raised amount to over $1.3 million.

Polygon zkEVM mainnet beta is back online after a sequence issue caused an outage, the Polygon team has announced. 

MATIC price held strong despite the setback while investors keen on opportunities in the Telegram bots space flocked to Bitbot. The project’s presale has surpassed $1.3 million.

Polygon zkEVM resumes operations after outage fix

Polygon Labs announced early Monday that the mainnet beta of Polygon zkEVM was back online after facing an extended outage over the weekend.

MATIC, the native token of the Ethereum scaling and infrastructure development platform, traded up after holding onto gains despite the sequencer issue that saw Polygon zkEVM mainnet beta go offline for several hours.

Per the update, which Polygon offered via X, the Polygon zkEVM core team was able to apply a fix after the Emergency Council for Polygon zkEVM activated an emergency state. Engineers have been able to resolve issues with L1 settlement of the zkEVM mainnet beta.

Notably, the network hitch only impacted the zkEVM beta. All other ecosystem components, including Polygon PoS and Polygon CDK were not impacted.

The price of MATIC was in a positive territory over the 24-hour timeframe, up 4.1% at the time of writing. This put MATIC at $1.04.

Bitbot to debut world’s first non-custodial Telegram bot

Crypto trading is on the upward trajectory and traders keen to access opportunities traditionally limited to institutional investors have looked to Telegram trading bots.

These customs apps offer institutional-graded trading tools directly from within the Telegram app, and a popular among crypto traders.

Bitbot, a new entrant into the market, has captivated the community by offering the first-ever non-custodial trading bot on Telegram. The key to Bitbot’s attractiveness is its focus on user security.

Unlike other trading bots, Bitbot is designed to have users retain control of their private keys. Integration with Knightsafe provides for this self-custody architecture, with tools such as anti-MEV and anti-rug complementing the overall safety and privacy of users.

AI trading tools,…

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