Author Archives: BSCN NEWS REPORTS

Introduction Asking ChatGPT to predict the price of Polygon (MATIC) by the end of 2023 as its value drops 5% over a week has brought interesting insights. Recent Developments Num Finance, based in Argentina, has launched a stablecoin pegged to the Colombian peso on the Polygon (MATIC) network. However, the stablecoin’s price experienced a drop[Read more…]

Bitcoin Price Analysis The price of Bitcoin (BTC) continues to hover around $26,000, indicating a lack of increased demand during the decline. Historically, when Bitcoin fails to recover rapidly after a major sell-off, it tends to move sideways or downwards. The current news flow surrounding cryptocurrencies is unfavorable. This raises the question of potential price[Read more…]

Num Finance Launches nCOP: Colombian Peso-Pegged Stablecoin on Polygon Num Finance, a prominent Latin America-based stablecoin issuer, has unveiled its latest innovation: nCOP. This novel digital asset, which is pegged to the Colombian peso, is now available on the Polygon network. The company is proud to introduce nCOP, promising users an impressive 8% yield on[Read more…]

A New Era: nCOP Stablecoin Launches on Polygon Network A groundbreaking development has taken place in the world of cryptocurrency as a stablecoin linked to the Colombian peso (COP) is now live on the Polygon network. Num Finance, the issuer of this stablecoin, unveiled the eagerly anticipated nCOP, heralding it as a pivotal step towards[Read more…]

Driving DeFi Growth on Polygon zkEVM This significant development comes following the launch of Polygon zkEVM earlier this year, which aimed to harness the power of zero-knowledge proofs while maintaining Ethereum Virtual Machine (EVM) equivalence. Since April 2023, API3 has been actively engaged in providing first-party oracle services to Polygon zkEVM. The recent introduction of[Read more…]

Expansion into the Digital Asset Accounting Market The newly acquired funds are earmarked to play a pivotal role in further expanding Cryptoworth’s presence within the rapidly growing market for enterprise digital asset accounting solutions. The surging demand for streamlined and efficient accounting solutions in the realm of digital assets is propelling Cryptoworth’s strategic expansion. SOC[Read more…]

Polygon (MATIC) Faces Challenges Amid Binance Delisting Polygon (MATIC) is currently experiencing challenges after Binance’s announcement of delisting its perpetual contracts. Coinglass, a blockchain data analytics platform, has reported a contraction in the Polygon (MATIC) derivative trading market since mid-July. Between July 14, 2023, and August 14, 2023, Polygon’s (MATIC) Open Interest dropped by 28%,[Read more…]

Revolutionizing DeFi with Polygon zkEVM The Polygon zkEVM network, launched earlier this year, aims to revolutionize DeFi by leveraging zero-knowledge proofs and maintaining Ethereum Virtual Machine (EVM) equivalence. API3, a leading blockchain oracle provider, has been collaborating with Polygon zkEVM since April 2023, offering first-party oracle services to enhance the network’s capabilities. Transforming DeFi Oracle[Read more…]

Key Takeaways from the Crash Course In his comprehensive video uploaded on YouTube, BitBoy Crypto delved into crucial aspects of Polygon’s ecosystem. Here are some key highlights: POL: The New Face of Polygon BitBoy Crypto was quick to inform his followers about an impending change in the Polygon network. He revealed that Polygon’s native token,[Read more…]

Congratulations and Open Source Release In a recent development, Sandeep Nailwal, the founder of Polygon, extended his congratulations to the StarkWare team, especially co-founder Eli Ben-Sasson, for their significant step of open-sourcing the Stone Prover. StarkWare, renowned for their work on scalable transparent argument of knowledge (STARK) technology, has announced that the Stone Prover will[Read more…]