Author Archives: BSCN NEWS REPORTS

Introduction to Polygon 2.0 and PIPs Polygon 2.0 initiates with the release of three crucial Polygon Improvement Proposals (PIPs). PIPs outline the transition to interconnected zero-knowledge L2 chains, introducing POL token. Community participation and feedback pivotal in shaping Polygon’s path to Web3 mass adoption. Polygon 2.0 Transformation Polygon 2.0, introduced in June, marks a significant[Read more…]

Summary: Polygon (MATIC) Price Gains Momentum The Polygon network, an Ethereum layer 2 scaling solution, has experienced significant growth due to its effectiveness in addressing Ethereum’s scalability issues. Notably, Wirex, a prominent player in crypto payments, has partnered with Polygon CDK to create W-Pay, a new app focused on on-chain transactions, marking a significant advancement[Read more…]

Tradecurve Markets Outshines Polygon and Polkadot Tradecurve Markets is a hybrid trading platform that provides direct access to stocks, forex, commodities, and indices. It seeks to provide a more efficient way for traders and investors to move capital between these asset classes. The platform emphasizes user privacy, harnessing the power of decentralized finance (defi). In[Read more…]

A Quick Rundown of Canto’s Journey In 2022, Canto made its debut as a boundary-free general-purpose blockchain. It wasn’t just a platform; it was a promise to bring to the forefront an Ethereum Virtual Machine (EVM) execution layer coupled with pivotal financial elements. With offerings like a decentralized trading platform, lending arena, and a unique[Read more…]

Key Points: Polygon zkEVM Mainnet Milestone Polygon has successfully completed a network rehash and resync. The Polygon zkEVM Mainnet Beta has resumed full activities after the successful completion of these processes. This marks an important milestone for Polygon 2.0, a proposed upgrade set to revolutionize the Polygon ecosystem. Polygon 2.0: Scaling Ethereum Polygon 2.0 aims[Read more…]

Base Network Surpasses 1.88 Million Daily Transactions Base Network, Coinbase’s layer-2 blockchain, recently achieved a remarkable milestone by recording 1.88 million daily transactions. This impressive feat surpassed its previous record set during its launch month in August, as reported by the blockchain explorer BaseScan. Outperforming Optimism and Arbitrum On September 14, Base Network outperformed its[Read more…]

Introduction Polygon has revealed important updates for its network, including zkEVM Mainnet Beta Network Rehashing and a resynchronization of the Polygon Bridge. These changes are scheduled to occur on September 18, 2023 (Monday). Rehashing Details The decision to conduct a rehashing of the network was prompted by the discovery of a bug in an early[Read more…]

Base Network Surpasses Transaction Milestone Base Network, the Coinbase layer-2 solution, recently achieved a significant milestone in terms of daily transactions. According to data sourced from the blockchain explorer BaseScan, the network broke its previous transaction record established upon its launch in August. New Transaction Record On September 14, Base Network recorded an impressive 1.88[Read more…]

Introduction to Polygon 2.0 In June, Polygon Labs made a groundbreaking announcement, revealing the forthcoming transition to Polygon 2.0. The primary objective of Polygon 2.0 is to transform the platform into the “value layer of the internet,” ushering in an era of unlimited scalability and unified liquidity. Phase 0 and Polygon Improvement Proposals (PIPs) As[Read more…]

DeFi’s Week in Review Coinbase CEO Champions DeFi Coinbase CEO Brian Armstrong has expressed his endorsement of DeFi protocols. In a recent social media post, Armstrong urged DeFi protocols to consider legal proceedings in court to set a precedent, as the legal system has consistently demonstrated its dedication to upholding the rule of law. The[Read more…]