Author Archives: BSCN NEWS REPORTS

MATIC Price Soars as Ethereum Scaling Solution Polygon Gains Popularity The native token of the Ethereum scaling solution Polygon, MATIC, has seen an impressive price appreciation of more than 28% since the beginning of 2023. MATIC’s popularity has been driven by its use case as a Layer 2 scaling solution for Ethereum, providing faster and[Read more…]

Polygon Labs Calls on EU Lawmakers to Address Smart Contracts in Data Act Polygon Labs, the core company behind the development of Ethereum layer-2 scaling solution Polygon, has urged policymakers in the European Union to clarify the scope and intent of legislation targeting smart contracts. In an open letter published on April 17, Polygon Labs[Read more…]

zkSync and Arbitrum Show Promise in the Competitive Layer 2 Space zkSync and Arbitrum Show Promise in the Competitive Layer 2 Space As the Layer 2 scaling solutions for Ethereum continue to evolve, new entrants like zkSync and Starknet are vying for dominance in the crowded space. Recent developments have shown promising progress for zkSync[Read more…]

The Uniswap Community Supports Proposal for Launching on Polygon zkEVM The Uniswap Community Supports Proposal for Launching on Polygon zkEVM The Uniswap community has unanimously supported a proposal to deploy the exchange’s protocol to the Polygon Zero Knowledge Ethereum Virtual Machine rollup (zkEVM). All 191 UNI token holders participated in the vote, surpassing the 40m[Read more…]

The Markets for Bitcoin and Ethereum The markets for Bitcoin and Ethereum, the two largest cryptocurrencies took a breather over the weekend and remained largely flat following Bitcoin’s climb to reach US$30,000 last week and the dust surrounding Ethereum’s Shapella upgrade settles. BTC is trading just under the $30K at time of writing, while Ethereum[Read more…]

Coinbase Adds Virtua and Dimo to Listing Roadmap for 2023 Coinbase, one of the leading cryptocurrency exchanges based in California, has recently announced that it will be adding two new altcoins to its listing roadmap for 2023. The company aims to serve as a bridge between retail customers and Web3, which is in line with[Read more…]

The Move by Tether to Blacklist MEV Bot-Exploited Address Raises Concerns Tether, the issuer behind the popular stablecoin Tether (USDT), has recently blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week. However, this move has sparked controversy among the community, with some expressing concerns about potential negative precedents being[Read more…]

Justin Sun Announces Plans for ZK-EVM Integration in TRON and BitTorrent Ecosystems Justin Sun, the founder of Tron network, has revealed that his blockchain networks, TRON (TRX) and BitTorrent (BTT), are actively exploring ways to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into their ecosystems. The integration of ZK rollup, a layer2 solution for off-chain[Read more…]

A New Racing Franchise “Lollipop” Launched in Collaboration with Polygon Labs and Feature Lollipop: A New Racing Franchise A new racing franchise called Lollipop has been launched as a collaboration between Polygon Labs, a blockchain protocol provider, and Feature, an entertainment studio and technology company known for the popular movie franchise “The Fast and The[Read more…]

A New Racing Franchise “Lollipop” Launched in Collaboration with Polygon Labs and Feature A new racing franchise called Lollipop has been launched as a collaboration between Polygon Labs, a blockchain protocol provider, and Feature, an entertainment studio and technology company known for the popular movie franchise “The Fast and The Furious”. The project is being[Read more…]