Bitfinex, a cryptocurrency exchange, will be receiving $189 million worth of the Polygon funds (MATIC) dedicated to increasing the staking rewards for Bitfinex users. One source explains that Bitfinex will be receiving 90 million MATIC for this staking program. What is Polygon? Polygon is a second layer scaling solution for the Ethereum blockchain designed to […]
The Opera browser is partnering with Polygon to enable Ethereum Layer-2 (L2) capabilities. The functionality will become available to users on Android in the first quarter of 2022. Polygon is a framework for creating Ethereum-compatible blockchain networks and scaling solutions. It was developed as a layer-2 technology on the Ethereum network. Polygon has been crucial […]
Polygon‘s MATIC coin is classified as a small-cap enterprise, with a market valuation of approximately $15.7 billion. The scalable solution, on the other hand, makes up for its size in integrations and widespread acceptance. In October, Polygon’s utilization grew by 145% month over month, with 61% more development teams using the layer-two protocol than in […]
MonoX, an AMM on the Ethereum and Polygon blockchains, has announced the formal launch of its mainnet platform, giving investors access to full swap and liquidity features. With the launch of this new service, Mono X aims to provide a premium and open framework for liquidity providers looking to launch their projects on the market, […]
Polygon Network Welcomes the Axion Network “The future of AXION is here.” Axion Network completes Polygon Migration. Say goodbye to mind-boggling gas fees, and embrace an affordably rewarding future with the Axion-Polygon synergy. The Ethereum Network has been a robust foundation for launching the Axion project. But, scaling to a massive scale, that too with […]
Unnamed sources say that IPL fan tokens are in the works and will likely be powered by Polygon. Co-founder and Polygon COO Sandeep Nailwal has also alluded to such a development in the company’s public statements, he remarked “Polygon will have some exciting developments coming public shortly with relation to Indian sports.” The IPL fan […]
Next-Gen Blockchain Gaming’ platform Night Life Crypto ($NLIFE) has just announced its Polygon integration. The official launch of $NLIFE’s Economic Value Program (EVP) for NFTs ensues the $NLIFE-Polygon integration. $NLIFE’s EVP is one-of-a-kind (and a first ever) in the world, having as its goal to boost access to NFTs. The $NLIFE-Polygon integration would facilitate $NLIFE […]
Bitwise Asset Management (the largest crypto index fund manager globally, with US$1.5 billion in AUM), has introduced a Bitwise Polygon (MATIC) Fund. The underlying strategic objective is to allow investors enhanced MATIC exposure (Polygon’s native token), via an acclaimed investment setup. Bitwise Chief Investment Officer (CIO), Matt Hougan, said: “For years, the excitement around crypto’s […]
Prominent blockchain development platform, Alchemy, has recently assessed and collated data on “Polygon vs. other chains.” Polygon Network recently published an Alchemy Data report gauging the growth potential of the Polygon developer ecosystem. It’s enticing to learn that “a growth trajectory” is next for Polygon, suggests the Alchemy Data. Given a high demand of Ethereum […]
Blockchain technology provider, Venly.io, has integrated with Shopify. Now, businesses would be able to swiftly provide products based on commemorative non-fungible tokens (NFTs) on Polygon. This development offers a new interpretation of Shopify operations for merchandisers to trade NFTs. The Polygon POS co-developed app would work in-sync with the technology to ease and simplify NFT […]