Polygon Financial News

01.03 / 13:05

Blockchain Ethereum Forecast Polygon Staking in 2022: Ethereum’s Merge, Institutions, Layer-2, and Liquid Staking

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01.03 / 10:01

NFT Polygon NFTS dutch Dutch artist creates NFTs for every person in the world

Dadara in the art community, has created 7.9 billion identical NFTs, one for every headcount on the planet. This large number of NFTs are a result of an experiment concocted by Dutch artist Dadara and NFT digital rights management platform RAIRtech to provide immutable blockchain identity. However, the identical NFTs have their own serial numbers, giving them a name or different identity.

26.02 / 01:55

Ethereum Binance Polygon avalanche Trackers Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized

The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks.

23.02 / 20:33

Blockchain Polygon Gaming ERC-20 Blockchain game brings the concept on NFT and governance to the fore

Nonfungible tokens (NFTs) and play-to-earn games are widely perceived as the future of the gaming industry as they grow in popularity worldwide.

16.02 / 07:59

Ethereum defi Polygon transactions network 18.36M Ethereum addresses joined the network in 2021

New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share.

14.02 / 19:21

Blockchain NFT Polygon data network Polygon and Cere network to launch Web3 media platform, DaVinci

The Layer 2 scaling solution Polygon (MATIC) and Cere Network, a Decentralized Data Cloud platform, or DDC, announced the launch of their joint venture Web3 media platform, named DaVinci. Their stated mission is to store NFT-backed assets more securely, and ensure verifiable and truly decentralized data.

12.02 / 21:43

markets Polygon Drop Polygon price risks 50% drop as MATIC paints inverted cup and handle pattern

Polygon (MATIC) has dropped by more than 40% from its record high of $2.92, established on Dec. 27, 2021. But if a classic technical indicator is to be believed, the token has more room to drop in the sessions ahead.

11.02 / 15:05

Blockchain Ethereum Polygon YouTube New feature allows enterprises mint NFTs with minimal coding

Recent Chainalysis data showed that users moved over $40 billion worth of crypto to Ethereum’s nonfungible token (NFT) smart contracts in 2021. While this reflects the rapid growth of NFTs, there are still many obstacles when it comes to minting these tokens, and one startup is addressing this problem by doing all the behind-scene processes.

10.02 / 00:21

Blockchain Social Media Polygon Aave Aave launches Web3 social media platform, Lens Protocol

Aave (AAVE), the decentralized finance lending platform, launched the Lens Protocol ecosystem on the Polygon (MATIC) blockchain as their way to challenge centralized social media platforms like Twitter or Facebook. What started with an open letter to garner support around the idea that content creators should own and control their digital identities, led to developing a Web3-native social network powered by NFTs.

08.02 / 13:51

Stablecoin defi Hackers Polygon Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract

Polygon’s native stablecoin protocol QiDAO faced an exploit on its Superfluid vesting contract leading to a 65% drop in the price of the governance token QI. QI price fell from $1.24 to $0.18.

07.02 / 18:31

business Polygon Funding Venture Capital Polygon raises $450M in Sequoia-led funding round

Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to support the future of Web3 development.

07.02 / 14:51

Blockchain Ethereum Forecast Polygon Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.0, and Layer 3

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02.02 / 18:08

Blockchain Ethereum defi Polygon Ethereum-based AR metaverse ecosystem adopts Polygon to address scaling

Ethereum (ETH) started the nonfungible token (NFT) craze, but it turns out minting and trading NFTs while adopting the concept for larger projects or integrating it into metaverse and other ecosystems might not be feasible given the high gas fees, especially when there are several viable alternatives.

02.02 / 03:31

markets Ethereum Polygon virtual reality Testnet Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch

Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022.

02.02 / 02:27

markets Adoption defi Polygon 3 reasons why QuickSwap (QUICK) price spiked by 50%

Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to interact with most DeFi products due to the steep learning curve and the possibility of losing funds.

29.01 / 01:57

markets Binance Polygon network Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January

In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise above the noise and post positive price gains but there are a few projects that are showing strength during the current downturn.

27.01 / 00:33

markets Polygon Gaming YouTube Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound

Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825.

25.01 / 01:21

markets Ethereum Trading Polygon Drop Low Here’s 5 altcoins to study as crypto prices drop close to a 1-year low

The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand.

20.01 / 14:15

Hack defi Polygon avalanche Multichain vulnerability Multichain Losses Reportedly Exceed USD 3M As Critical Vulnerability Remains Unsolved

Losses of the cross-chain router protocol (CRP) Multichain have reportedly exceeded USD 3m as the protocol is still prone to additional hacks and exploitation.

18.01 / 13:48

Ethereum Polygon fees transactions Polygon Implements Ethereum Improvement Proposal 1559; MATIC Dives Today

The popular Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) has implemented EIP-1559, an Ethereum Improvement Proposal brought forth as a more efficient fee mechanism to Ethereum's first-price auction fee calculating system.

18.01 / 07:31

Ethereum Polygon layer2 Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon.

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