Author Archives: BSCN NEWS REPORTS

Advancing Tokenization in Finance Polygon Labs will serve as a technical consultant for The Mirae Asset Security Token Working Group, a consortium dedicated to establishing the infrastructure for issuing, exchanging, and distributing tokenized securities. This initiative represents a significant step towards the digitization of traditional financial assets. Key Partnerships The Mirae Asset Security Token Working[Read more…]

The Significance of Polygon (MATIC) in the Ethereum Ecosystem Polygon (MATIC) remains a crucial part of the Ethereum (ETH) ecosystem, boasting a total value locked (TVL) of approximately $796 million and a stablecoins market capitalization of about $1.266 billion. Its contribution to the Ethereum blockchain includes facilitating the development of scalable and secure DeFi projects.[Read more…]

Key Points: Here are the key developments surrounding the Polygon Foundation’s recent MATIC activity: Recent MATIC Transactions: Recent on-chain data from Lookonchain reveals intriguing transactions involving Polygon Foundation Wallet Addresses: This sudden move by the Polygon Foundation has left many investors perplexed and led to speculations about potential future liquidations. This uncertainty may prompt investors[Read more…]

Solana Projects Shuttered On August 27, 2023, Clockwork founder Nick Garfield announced that the Solana-based project is shutting down operations. Clockwork was a smart contract automation startup meant to facilitate payroll payments. The closure adds to a growing list of Solana closures, including Friktion, Everlend Finance, and NFT protocol Cardinal. Experts speculated that this news[Read more…]

Polygon Awaits PIP Approval and MATIC Stabilization While Polygon eagerly awaits PIP approval, its native currency, MATIC, appears to have found stability, raising hopes of potential gains in the months ahead. Decentraland’s Partnership with Inworld On August 10, 2023, Decentraland forged a strategic partnership with Inworld to harness advanced artificial intelligence (AI) capabilities known as[Read more…]

TL;DR Breakdown Casio has teamed up with Polygon Labs to introduce G-SHOCK NFTs, starting with a creator pass collection. Community engagement, global accessibility, and Polygon’s blockchain expertise drive Casio’s entry into the NFT space. The Collaboration The Japanese electronics giant Casio is making waves in non-fungible tokens (NFTs) by partnering with Ethereum scaling developer Polygon[Read more…]

Key Points: Announced on September 5, Alchemy Pay’s decision to deploy its payment services on Polygon zkEVM opens up new possibilities for developers building on this cutting-edge zero-knowledge proof network. One of the standout features is Alchemy Pay’s direct-to-customer plugin, which can be seamlessly integrated by decentralized applications (dApps) and platforms with minimal cost and[Read more…]

15,000 Limited-Edition Creator Pass NFTs on Polygon Starting from September 23, 2023, a total of 15,000 limited-edition G-SHOCK Creator Pass NFTs will be minted exclusively on the Polygon blockchain. These unique NFTs will introduce a new dimension to the iconic G-SHOCK line of shock-resistant watches. Expanding the G-SHOCK Community The G-SHOCK brand, renowned since its[Read more…]

The Impact of the Casio Partnership The resurgence of Polygon can be largely attributed to its latest partnership with Casio, a renowned electronics manufacturer. This partnership is set to introduce the creation of non-fungible tokens (NFTs) for Casio’s iconic G-Shock watches on the Layer 2 scaling solution. One of the key components of this collaboration[Read more…]

Polygon Faces Growing Competition Polygon, a prominent Layer 2 scaling solution, is encountering intensified competition from emerging players in the field. This heightened competition is affecting its fee generation and its position in the DeFi landscape. Polygon’s Dragon Fruit Update Polygon is actively working to fortify its competitiveness in the realm of Layer 2 scaling[Read more…]