Author Archives: BSCN NEWS REPORTS

Polygon Accuses zkSync of IP Theft Polygon has raised an alarm claiming that zkSync used one of its inventions without giving proper attributions. The accusation is directed towards zero-knowledge rollup zkSync, which recently achieved significant milestones, alleging that they copied Polygon’s code without proper acknowledgment and made false claims about the original work. Polygon Claims[Read more…]

The Rise of Decentralized Technology The decentralized technology has experienced remarkable growth over the years, attracting venture capitalists and individual investors alike. Projects like Polygon have emerged in the field, facilitating increased user interaction within the community. This is attributed to their ability to support fast transactions, scalability, transparency, and interoperability. Another noteworthy player in[Read more…]

Nifty’s Shifts Focus to Web3 Creator Platform Nifty’s recently made an announcement on Twitter, stating that they have shifted their focus towards developing a platform for Web3 creators earlier this year. Despite their best efforts, the investment opportunities they were working on did not materialize, leading them to the end of their financial runway. Consequently,[Read more…]

Prime Subscribers Get Free Polygon NFTs for Mojo Melee Amazon Prime subscribers can now take advantage of an exciting offer to receive a complimentary Polygon NFT and in-game currency for the popular NFT game, Mojo Melee. The game is built on the Ethereum scaling network, Polygon, and has teamed up with retail giant Amazon to[Read more…]

Introduction ChainAware.ai offers a groundbreaking solution to individuals and businesses seeking to gain deeper insights into their users’ crypto habits and creditworthiness. The portal harnesses the power of artificial intelligence (AI), big data, and blockchain technology to provide essential services like crypto fraud detection, transaction monitoring, user segmentation, and credit scoring. Building Trust in Crypto[Read more…]

Spark Protocol Proposal for Deployment on Polygon zkEVM Chain Spark Protocol has recently unveiled a proposal to deploy its system on the Polygon zkEVM chain, with a primary focus on solidifying the position of DAI and sDAI while creating a core building block for DeFi. Spark Protocol, an open-source ZK-Rollup project, has announced this proposal[Read more…]

Key Points: Introduction In a significant step towards bolstering the security and scalability of the Celo network, the Celo Foundation announced on Wednesday that Google’s computing cloud service, Google Cloud, has become a validator on the Celo platform. This partnership marks another milestone in the collaboration between the two entities, who have been working together[Read more…]

Long-term Forecast of Polygon Price: Bearish The bearish momentum has temporarily subsided as the altcoin’s price is moving between $0.60 and $0.80. Moreover, the cryptocurrency’s price is trading between the moving average lines as it strives to fall below the 50-day line SMA. At the time of writing, MATIC is trading at $0.69. If the[Read more…]

In Q2, Layer 2 network Polygon experienced significant growth following the launch of its zkEVM in March. Daily active addresses rallied on Polygon in Q2 following the launch of Polygon zkEVM. However, during the same period, the network’s transactions count trailed downwards. Polygon zkEVM Launch and Ecosystem Growth Layer 2 blockchain network Polygon (MATIC) announced[Read more…]

Toyota GR Cup Introduces Blockchain-based Digital Trophies Toyota is venturing further into the world of blockchain technology, integrating it into its corporate and developmental ecosystems. The Toyota GR Cup on Polygon Blockchain The Toyota GR Cup, a prominent North American racing series organized by Toyota Gazoo Racing, has recently made an exciting announcement. The championship[Read more…]