WhiteboardCrypto Newsletter - Sept 7

Welcome back to this week's edition of our WhiteboardCrypto Newsletter!

MATIC's new POLished look

Polygon renamed their MATIC token to POL, so if you see that in your wallet all of a sudden, it’s safe! But do be careful for lookalike scams! “MATIC holders on the Polygon PoS do not need to take any steps, as the upgrade to POL will occur automatically. However, MATIC holders on Ethereum, Polygon zkEVM, or centralized exchanges must actively migrate their tokens to POL via a migration contract.”

Learn more here.

Rock 'Em Sock 'Em TradBots?

Coinbase has reportedly enabled the first-ever AI-to-AI crypto transaction. This breakthrough uses smart contracts to allow AI systems to transact with each other securely and autonomously. While it's an exciting step for integrating AI into crypto, there are concerns about security, regulation, and the potential risks of autonomous systems handling real assets. And why do we even need this? One use case I can see: who knows what kids like these days? I can’t keep up, but the AI can, so why not let it buy our kids’ birthday gifts? Surely nothing could go wrong with that, right?

Learn more here.

Arbitrum makes coding easier

With its latest Stylus upgrade, the Arbitrum ecosystem is now easier to code on as there is no need to learn the Solidity coding language that is used on Ethereum and EVM chains. Stylus allows devs to create smart contracts using WebAssembly-compatible programming languages, such as Rust, C, and C++, and will convert that into code the blockchain can read. This opens the door for many devs who otherwise hadn’t been able to access the ecosystem.

Learn more here.

Thanks for reading and I hope you learned something!

- Theodore