Cryptocurrency is in the depths of a brutal bear market. Blue chip assets like Bitcoin, Ethereum, MATIC, and ATOM are down over 65% from their all-time highs, while smaller cap coins and tokens are down by 85% or more. These losses might seem impossible in some industries, but in cryptocurrency, intense volatility is a feature […]
Daimler South East Asia has introduced a blockchain-based data sharing network, a part of the Mercedes Benz Group, using Polygon, an Ethereum Layer-2 scaling solution. The platform dubbed Acentrik will enable enterprises to buy and sell data. Although a Mercedes-Benz associate launched Acentrik, the blockchain platform can be used to trade different data ranging from […]
PECO: A single token offering simplified and affordable exposure to leading Polygon projects. Amun’s Polygon Ecosystem Index (PECO) token is now live on the Amun platform. The PECO token hosts the top Polygon-built projects’ index. Polygon’s first ecosystem index token, the PECO token is a joint courtesy of Amun, Polygon Foundation, and top Polygon projects. […]
On October 17, Polygon Network‘s total number of unique addresses surpassed 100 million for the first time. The full-stack scaling solution network has grown at an exponential rate from June 2021’s commencement, and this marks a significant increase. There are now 100,720,280 distinct addresses in existence. The network has achieved several significant milestones in the […]
Say goodbye to exchange-led MATIC token sourcing. Bid adieu to bridging costs. Welcome Swap for Gas—a MATIC-sourcing solution on Polygon PoS Mainnet. The Polygon team is tirelessly working towards enhancing Polygon PoS’ user experience. The team is mindful about MATIC tokens’ procurement difficulties on Polygon. Sourcing MATIC tokens from an Ethereum-based exchange and then bridging […]
The Polygon-OpenSea NFT Efficiency Famous peer-to-peer NFT marketplace OpenSea will now host its rare digital items and crypto collectibles on Polygon. OpenSea users can now expect swift and affordable transactions—a classic Polygon Network feature. OpenSea-Polygon integration would give enhanced NFT access to the entire world. It also makes seamless the buying and minting of NFTs, […]
he recent series of scams in the crypto community has highlighted the need for the security of funds. It doesn’t matter how user-friendly a crypto DeFi platform or exchange is if users end up losing their crypto assets to hacks. To combat security issues on the Polygon network, there was a minor tweak to the […]
Polygon PoS Engagement Growth Polygon’s daily active users (DAUs) soared to great heights lately, claiming a whopping 61.36% week-over-week (w-o-w) growth. That cements 6 consequent growth weeks for Polygon PoS, as its DAUs multiplied 2.6x within 28 days only. In the previous month, Polygon’s growth rates saw a steady rise. It went from +0.73% to […]
Domination Finance announces its integration with Polygon to enhance its user experience (UX) and minimize transaction fees. Domination Finance has recently raised US$3.2 million in a seed round via ParaFi Capital. This funding is intended to assist Domination Finance in expanding its services and cross-chain capacity. Integrating with Polygon is on a rise as it […]
DoraHacks x Polygon Grants Hackathon enters Community Quadratic Voting phase Polygon Grants Hackathon: Quadratic Voting Starts DoraHacks-powered Polygon Grants Hackathon (PGH) has begun its Community Quadratic Voting phase (1st October 2021 to 29th October 2021). It comprises a novel quadratic funding mechanism (QFM) for voting. Apart from signalling your support, the QFM voting would also […]