Author Archives: BSCN NEWS REPORTS

Introducing ‘Polygon 2.0’ Architecture, While H1 2023 Report Reveals $656M Losses in Crypto Hacks, Scams, and Rug Pulls

Introducing Polygon 2.0 If approved by validators, Polygon 2.0 will also feature an aggregator that makes bridge transactions “near-instant and atomic,” the team said. The team had first announced Polygon 2.0 on June 12, 2023. Later on June 20, co-founder Mihailo Bjelic proposed upgrading the existing Polygon network. The latest post gives greater detail about[Read more…]

MATIC Token Price Nears Crucial Resistance, Spotlight on Potential Nike Partnership

Polygon (MATIC) Price Eyes Breakout at Critical Resistance, Nike Partnership in Focus Polygon (MATIC) price has been on the rise since May 17. After a 7% rebound over the last two weeks, MATIC is struggling to break above the $0.90 resistance. With Network Growth rising to a 2-month high, will MATIC attract new demand to[Read more…]

Surging Polygon (MATIC) Staking: Aiming for $2 Price Point?

Polygon (MATIC) price has gained 12% in the past week. Although it is currently having a hard time breaking above the $1 support line, on-chain data suggests that the MATIC price could hit $2 in the long run if certain bullish signals remain in place. Polygon (MATIC) – Leading Ethereum Scaling Solution Polygon (MATIC) is[Read more…]

Taurus and Polygon Join Forces: Pioneering the Future of Decentralized Finance

Taurus Embrace Polygon Blockchain Taurus, a leading provider of digital asset infrastructure backed by Credit Suisse and Deutsche Bank, has partnered with Polygon to provide staking and decentralized finance (DeFi) support to its capabilities. Taurus offers a range of services, including custody, tokenization, and trading of digital assets. Taurus recently secured $65 million in funding[Read more…]

Deutsche Telekom Set to Join as Validator for Polygon Network

Polygon and Deutsche Telekom Collaboration: Boosting Blockchain Adoption Polygon, a top Ethereum scaling team, has recently announced a significant collaboration with Deutsche Telekom, Europe’s largest telecommunications provider by revenue. In this partnership, Deutsche Telekom will join Polygon’s PoS Chain as a validator, marking a crucial step for the telecom giant to fully leverage the potential[Read more…]

Seamless Composability: Injective Integration with Polygon

Injective Labs has announced a pivotal integration with Polygon, marking a historic leap in cross-chain composability within the DeFi (Decentralized Finance) ecosystem. This groundbreaking alliance allows native assets from Polygon and Injective to be exploited across various cross-chain scenarios within their collaborative ecosystems. The integration was made possible by establishing a new connection via Wormhole,[Read more…]

Polygon Forms Strategic Partnership with Deutsche Telekom, Germany’s Telecommunication Giant

Polygon Partners With Deutsche Telekom Polygon (MATIC), the leading Layer-2 scaling platform for Ethereum (ETH), has announced a cooperation with German telecom major Deutsche Telekom. Deutsche Telekom has joined the Polygon Proof-of-Stake (PoS) network as one of 100 validators thanks to the agreement between the two companies. While the telecoms platform investigates the full potential[Read more…]

Polygon Surpasses All Previous Records: Soaring Assets, Reduced Fees, and Expanding User Base

Ethereum’s Layer-2 scalability solution Polygon At the forefront of new development initiatives, Polygon continues to innovate with its zkEVM Beta. This zero-knowledge scaling solution is the first of its kind, compatible with the Ethereum Virtual Machine and seamlessly integrating developer tools and smart contracts. Polygon Labs shares zkEVM Mainnet Beta metrics for May In the[Read more…]

Pluto MISFITS Set to Launch: Polygon’s Exciting Announcement

As per the latest announcement of Polygon Technology One of the largest blockchain ecosystems on Ethereum says that the MISFITS, the first polygon-native profile picture (PFP) launch under Pluto. Following the recent update on May 2, Polygon has announced the launch today to be anytime sooner. Pluto MISFITS on Polygon The CEO and Founder of[Read more…]

Polygon (MATIC) Co-Founder Affirms Gaming as Crypto’s “Prime Opportunity

The future of crypto lies with gaming, according to Sandeep Nailwal, the co-founder of Ethereum (ETH) layer-2 scaling solution Polygon (MATIC). Nailwal conducted a Reddit ask-me-anything (AMA) session on Thursday and Friday, responding to questions about his project and the crypto space at large. Gaming Represents the “Largest-Scale Opportunity” for Crypto When asked about potential[Read more…]