Author Archives: BSCN NEWS REPORTS

Credibly Neutral Raises $5.5 Million in Funding Round Credibly Neutral, a newly established crypto venture capital firm, has raised $5.5 million in a funding round from a group of investors, including the co-founders of Solana and Polygon blockchains, as well as the investment firm of Joe Lubin, co-founder of Ethereum and founder of ConsenSys. The[Read more…]

MATIC Price Prediction Amid the recent sell-off in the crypto market, the MATIC price witnessed a significant downfall in the last two weeks and plunged back to local support of $0.94. This support coincides with the 50% Fibonacci retracement level creating a strong accumulation zone that could assist buyers to recuperate bullish momentum. Moreover, a[Read more…]

Creta Successfully Completes Private Investment Round with Polygon Ventures DUBAI, UNITED ARAB EMIRATES, [May 4, 2023] — Creta, a leading company specializing in the development and publication of video games and cutting-edge Web3 gaming solutions, has announced the successful completion of its strategic private investment round. Among the prominent investors is Polygon Ventures, a well-known[Read more…]

Decline in Sales of Ethereum and Polygon-based NFTs on OpenSea The interest in profile picture NFTs has started to dwindle, resulting in a sharp decline in sales volume of both Ethereum and Polygon-based NFTs on OpenSea, the leading NFT marketplace, in April 2023. According to Dune Analytics, the sales volume of Ethereum [ETH] and Polygon[Read more…]

Phantom Announces Simultaneous Support for Ethereum and Polygon Networks Phantom, a popular self-custodial wallet, has recently announced its support for Ethereum and Polygon networks on its mobile app and browser wallets. This new feature will allow users to access a wider range of dApps across the Web3 landscape, including Magic Eden, Uniswap, Aave, Blur, and[Read more…]

Polygon DeFi Gas Usage Surges, While Transactions Decline Recently, Polygon (MATIC) has seen a surge in a crucial metric indicating increased usage of its network. Artemis noted that gas usage on Polygon spiked over the last week. Thanks to this, the network was able to generate more fees and revenue, as evident from Token Terminal’s[Read more…]

SI Tickets Launches “Box Office” Platform for Self-Service Event Management SI Tickets, the ticketing subsidiary of Sports Illustrated, has announced the launch of its “Box Office” platform on May 2nd. In collaboration with ConsenSys, a Web3 software developer, Box Office is a primary ticketing solution and self-service event management system that runs on the Polygon[Read more…]

Sotheby’s Auction House Launches Marketplace for Secondary NFT Sales On May 1, Sotheby’s, the renowned auction house, announced the addition of a new marketplace to its Metaverse, providing a dynamic destination for the collection, purchase, and sale of digital artwork. This blockchain-based NFT marketplace will focus primarily on secondary sales of digital art, featuring a[Read more…]

UK’s Nuanced Approach to Crypto Regulation Hailed by a16z and Others Some American lawmakers and businesses are critical of the US government’s approach to regulating the crypto industry, citing its confusing and heavy-handed nature that may hinder innovation. However, Web3 companies are hoping that the UK will take a different path. Today, a16z, the crypto-focused[Read more…]

Sports Illustrated Launches NFT Ticketing Platform U.S. sports publication Sports Illustrated has announced the launch of a non-fungible token (NFT) ticketing platform named “Box Office”. The platform is built on the Polygon network, an Ethereum scaling tool. The announcement was made on Tuesday, and the ticketing marketplace SI Tickets developed Box Office in partnership with[Read more…]