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 […]
If you’re going to get the best possible options when it comes to batch sending MATIC tokens, you need to make sure that you’ve picked the right kind of sending power to do it with. You deserve the best results when it comes to a good token multisender. There are a lot of different products […]
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, […]
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 […]
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 […]
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. […]
According to Flipside Crypto, the Polygon Network was subjected to a spam assault after a well-built arbitrage bot converted 14 ETH to 218.5 ETH in less than four months. With the spam costs deducted, the average profit per day was $6,800. Attacks on the Polygon Network started in early May, and by June, daily transaction […]
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 […]