Author: Victor

Celer Community, a Layer 2 scaling solution, has reached a significant milestone with its newly released cBridge, as buying and selling volume has exceeded the $200 million mark. Only two months after launching their multi-chain bridge project, they declared their achievement on Twitter, telling their followers to anticipate more from them in the future. To facilitate the movement of assets across blockchains and layer 2 networks like Ethereum, Binance Smart Chain (BSC), Avalanche, and Polygon, Celer Network launched the initial version of its non-custodial cross-chain cBridge in July at a fraction of the cost and without needing to commute via…

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Polygon, is a community developed by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Polygon hopes to circumvent the Ethereum ecosystem’s constraints of low throughput, poor UX, and lack of sovereignty through the use of architecture that would not only link to Ethereum-compatible blockchain networks but also include an alternative for security-as-a-service. A freewheeling discussion with DQ DeepTech finds Sandeep Nailwal talking about the NFT movement and how companies like Polygon are affected by regulatory instability. This article provides a summary of the discussion. What strategies are you using to capitalize on the NFT buzz? Polygon is by far the largest…

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NewsCrypto and Polygon have joined forces to enhance interoperability by linking the Polygon blockchain to Stellar (XLM). Polygon’s DeFi ecosystem will accept Wrapped XLM (wXLM) tokens. NewsCrypto received funding from Polygon to develop a high-performance, low-cost link between the two communities. The new protocol will allow for fee-free exchanges to happen very instantly. A decentralized multi-signature method and Chainlink’s proof-of-reserve (PoR) module ensure all participants may communicate safely and peer-to-peer with one another. NewsCrypto is keen to join the Polygon network and deploying its learning solution stack. This new Stellar-Polygon bridge, built by NewsCrypto, will allow the Stellar network users…

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TryHards is looking to offer a seamless gaming experience fueled by the Polygon Network. Because Polygon is an Ethereum L2 solution, it enables transactions faster at minimal costs. It eliminates latency issues and provides a smooth gaming experience for consumers. With in-built markets powered by NFT-based characters and weaponry, players may now earn money while playing. With an exceptional gaming experience and cheap transaction costs, TryHards may be the game-changer for the digital gaming sector. TryHards utilize the famous decentralized oracle network Chainlink to enable impartial NFT drops and offer on-chain transparency. While using all of these partnerships, the TryHards…

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Narni, a cross-chain bridge on the Umbria network, has added the native token of Polygon and Ethereum. This makes it easier to transfer the Ethereum and Polygon tokens faster and cheaper. Although many bridges have steered towards the same course in the past, Narni cross-chain bridge stands out because it provides the cheapest gas-fee bridge from the Ethereum network to the Polygon network. The bridge’s gas fee can go as low as $2.56; which is significantly lesser when compared with other bridges. Another cool feature of the Narni cross-chain bridge is the “Pool and Earn” function. The function pays liquidity…

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With Canada’s election on the way, there has been a lot of talks about the potential outcome of the election. Polymarket, a prediction market that requires its users to “put their money where their heart lies,” so can be considered a more fair judge of how the citizens see the outcome of the election. Polymarket is a news/ betting platform where users are expected to predict the outcome of events in and out of the crypto world. For instance, “will BTC hit $60, 000 before September 30? YES/NO” or “will Texas be the first U.S state to adopt Bitcoin as…

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Polygon is giving Bollant, an innovative ESG business, a grant to help people with disabilities and marginalization lead more self-sufficient lives. The grant will be used to apply blockchain technology to the city of Hyderabad’s trash disposal practices, providing economic aid to those in need in the city. Bollant Industries are suppliers of biodegradable goods, such as packaging, and eco-friendly paper. Additionally, they provide adhesives, household goods, printing inks, and organic cutlery-ware. Bollant was founded by Srikanth Bolla, who was born blind, and Bollant has employed over 200 disabled persons in the local community thanks to their sustainable employment programs.…

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Polygon is giving Bollant, an innovative ESG business, a grant to help people with disabilities and marginalization lead more self-sufficient lives. The grant will be used to apply blockchain technology to the city of Hyderabad’s trash disposal practices, providing economic aid to those in need in the city. Bollant Industries are suppliers of biodegradable goods, such as packaging, and eco-friendly paper. Additionally, they provide adhesives, household goods, printing inks, and organic cutlery-ware. Bollant was founded by Srikanth Bolla, who was born blind, and Bollant has employed over 200 disabled persons in the local community thanks to their sustainable employment programs.…

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Charles Hoskinson, the CEO of IOG and the creator of Cardano, has gone to Twitter to announce another contribution from which Cardano would benefit. According to one of the MATIC co-founders, Cardano will not be able to deploy the smart contracts functionality by October 1, resulting in a $20,000 bet. As the tweet from Hoskinson reveals, Naiwal intended to uphold the wager made by the Polymarket team against Cardano to have their platform be able to execute smart contracts by October 1. While the first only risked $50,000, the co-founder of MATIC placed $20,000 on Cardano delaying the launch. However, In…

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Despite the 25% increase in the value of MATIC over the last two months, DeFi on the Polygon blockchain doesn’t seem to be performing at its best. The Polygon blockchain has introduced top projects such as SushiSwap, Aave, and QuickSwap, but this has not been enough to boost the DeFi sector. The Polygon DeFi sector experienced a drop from $4.84 billion recorded in late July to $3.16 billion in mid-September. The Polygon blockchain DeFi sector enjoyed a tremendous boost in investors in the spring of 2021 because of the outrageous gas fee on the Ethereum blockchain. This pushed many investors…

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