Author Archives: BSCN NEWS REPORTS

Polygon Co-Founder Launches Web3 Fellowship Program Polygon co-founder Sandeep Nailwal and the venture capital firm he helped found, Symbolic Capital, announced Monday the launch of the new Nailwal Fellowship to provide early-stage builders with financial support in making the jump from Web2 to Web3. Nailwal is pledging his own money toward the $500,000 cohort of[Read more…]

Google Cloud is collaborating with Polygon Labs to facilitate developers in building, launching, and expanding their Web3 products and decentralized applications (dapps) on the Ethereum-based layer 2 blockchain. New Partnership with Google Cloud As part of the new partnership, Google Cloud will introduce its Blockchain Node Engine, a fully managed node hosting service, into the[Read more…]

Solid World Takes a Step Towards Carbon Credit Financialization Solid World, a climate finance firm, has announced the opening of the first forward carbon assets pool on an automated market maker, with support from Polygon, as stated in a recent press release. Advancing Carbon Credit Pre-Sales According to Solid World CEO Stenver Jerkku, the liquidity[Read more…]

Decentralized Finance (DeFi) Credit Marketplace Upgrades on Polygon Mainnet Atlendis Labs, a leading DeFi credit marketplace, has successfully deployed its upgraded version on the Polygon blockchain’s mainnet, as per the official press release. Banxa Becomes the First Borrower on Atlendis Labs Payment service provider Banxa has become the first borrower on Atlendis Labs’ upgraded platform.[Read more…]

Polygon zkEVM’s Impact on MATIC: A Promising Update Polygon [MATIC] zkEVM has once again made the headlines with its latest achievements. Polygon (Labs), in a tweet posted on 17 May 2023, shared that transaction volume on zkEVM reached a new all-time high. The single-day record for successful transaction volume exceeded 13,000 on 14 May 2023.[Read more…]

Square Enix Partners With Polygon for NFT Art Project Square Enix, the Tokyo-based video game giant behind popular franchises such as Final Fantasy and Kingdom Hearts, is partnering with the Polygon network to launch a gamified art collecting experience. The project, titled Symbiogenesis, was announced in November. Sales of the Symbiogenesis NFT collection and free[Read more…]

Sotheby’s Expands NFT Offerings with On-Chain Secondary Marketplace Art auction house Sotheby’s is expanding its non-fungible token (NFT) art offerings through the release of a specially curated, peer-to-peer secondary marketplace. Through its Web3 arm, Sotheby’s Metaverse will now offer direct transactions between collectors on its platform. The integrated sales system will be fully on-chain via[Read more…]

Polygon [MATIC] and Emerging Layer 2 Solutions Polygon [MATIC] has been dominating the L2 space in terms of activity over the last few months. However, this dominance could soon be threatened by other L2 solutions. Upcoming L2 solutions such as zkSync Era and StarkNet have been catching up to Polygon in terms of daily activity.[Read more…]

Polygon’s NFT Space Thrives While MATIC Traders Remain Concerned Polygon (MATIC) witnessed a surge in the number of NFT buyers, thanks to multiple popular NFT collections migrating to the blockchain. According to CRYPTOSLAM’s data, the number of Polygon NFT buyers increased by more than 27% in the last 30 days. Additionally, the number of NFT[Read more…]

Worldcoin Partners with Optimism: Switching from Polygon Worldcoin, a cryptocurrency project founded by Sam Altman, has partnered with Optimism [OP] Collective to move its World App from the Polygon blockchain. As part of its efforts to support Optimism’s Superchain, the first step will be to bring World ID, a decentralized identity protocol, to OP Mainnet,[Read more…]