Author Archives: BSCN NEWS REPORTS

Polygon Sees New Developers A recent report highlights Polygon’s notable increase in new developers compared to other networks in the past year. The network secured the second position, following Ethereum [ETH], in terms of the number of new developers. Celsius Moves More MATIC to Exchanges Simultaneously, Celsius, a bankrupt crypto lender, continued its token movements[Read more…]

In Brief Celsius recently transferred over 25.76 million MATIC tokens to Binance and Crypto.com, causing a surge in selling pressure. Despite the large deposit, Celsius still retains 34.08 million MATIC, valued at around $27.88 million at current market rates. Amidst controversies about Polygon Foundation’s allocation of MATIC tokens, analysts see $0.55 as a potential buy[Read more…]

In the World of Blockchain: Retik Finance Challenges Polygon’s Dominance In the dynamic realm of blockchain and cryptocurrency, innovation and competition drive transformative shifts. One long-standing frontrunner in Ethereum scaling and infrastructure, Polygon (formerly Matic Network), is facing a formidable alternative on the horizon – Retik Finance. Priced at a mere $0.08, Retik Finance not[Read more…]

Mobile Gaming Network Taki Games Expands in Web3 Space Taki Games, a prominent mobile gaming network, has strategically taken multiple steps to enhance its presence in the web3 space. These include a successful merger with Unite, an expansion onto the Polygon network, and a strategic partnership with the leading Polygon decentralized exchange, Quickswap. Merging with[Read more…]

Introduction Polygon zkEVM, a key player in the Ethereum Layer 2 space, is entering an exciting new phase with the launch of Stage 2 Beta. This development is set to invigorate DApp growth and DeFi activity within the Polygon ecosystem. Announcement and Development Overview After months of dedicated work on security, scaling, and infrastructure, Polygon[Read more…]

The Rise of Polygon (MATIC) The cryptocurrency market is a realm of constant speculation and excitement, driven by the potential for massive gains and groundbreaking innovations. One cryptocurrency that has captured the attention of investors and analysts alike is Polygon (MATIC), an Ethereum side chain and layer two scaling solution. MATIC has a significant following[Read more…]

The Cryptocurrency Landscape: Opportunities Below $1 The cryptocurrency market is a dynamic space that constantly evolves, presenting investors with opportunities to explore promising assets. One such cryptocurrency that has gained substantial attention is Polygon (MATIC), known for its innovative solutions in the blockchain and decentralized finance (DeFi) space. However, three emerging cryptocurrencies—Retik Finance (RETIK), Shiba[Read more…]

Introduction Chainlink (LINK) and Polygon (MATIC) were among the best performers of the last bull run in 2021. However, three years later, they have been overshadowed by newer protocols that have experienced parabolic gains. In 2024, Chainlink (LINK) and Polygon (MATIC) are losing their appeal as protocols like Pushd (PUSHD) emerge, with market analysts predicting[Read more…]

Polygon’s Libre Network and Tradfi Partnerships Polygon (MATIC) recently introduced its Libre Network, targeting major asset managers in the crypto space. The announcement follows the decline of MATIC’s value from $1 to $0.8979 due to market corrections. On January 10, 2024, Polygon Labs revealed Libre, a layer-2 network facilitating the distribution of alternative asset funds.[Read more…]

Innovative Decentralized Finance with Retik Finance (RETIK) In the dynamic realm of blockchain, Polygon has become a key player, expanding Ethereum’s capabilities and providing developers with a quicker and more cost-effective option. However, amid all the excitement surrounding Polygon, a new contender is emerging – Retik Finance (RETIK). This innovative decentralized finance (DeFi) project features[Read more…]