Author Archives: crypto.news

Polygon ID developers have released four new tools for their decentralized identity infrastructure. Polygon ID releases four tools for building an equitable internet In a tweet on Mar. 5, Polygon said these tools would allow for building a more equitable internet with identity at the center.  Polygon ID uses zero-knowledge (ZK) proofs, allowing users to verify their identity trustlessly[Read more…]

Polygon has announced the open-source release of its decentralized identity solution dubbed Polygon ID. This release comes with a vast array of improvements for developers.  Ethereum layer-2 scaling solution, polygon (MATIC) has successfully unveiled the open-source version of Polygon ID, its decentralized identity solution, unlocking several important features for users. It will be recalled that[Read more…]

Amidst increasing demands for adopting Polygon, the blockchain, Rarible announced on Jan. 18 the launch of its marketplace builder for Polygon-based non-fungible token (NFT) collections. Just like it did with Ethereum in August 2022, the availability of the Rarible infrastructure on polygon will henceforth allow existing NFT creators to develop their customized marketplace. Recall that in October 2022, the[Read more…]

A polygon whale — cryptospeak for large holder — moved $7.7 million worth of polygon (MATIC) to world’s top cryptocurrency exchange Binance, but there is still a lot more where it came from. On Jan.8, the whale’s wallet sent nine million MATIC worth about $7.7 million to an address controlled by Binance. Despite the hefty transaction, the[Read more…]

One of the largest financial payment companies in the world, Mastercard, announced on Friday, Jan. 6, 2023, that it is starting a web3-focused incubator to support artists in connecting with followers through a new medium. According to Raja Rajamannar, Chief Marketing and Communications Officer at Mastercard, the crux of this program is to provide up-and-coming musicians with the[Read more…]

Polygon has overtaken BNB Chain as the most used smart contract blockchain in the last month. Polygon recorded more transactions than BNB Chain over the past month. Polygon overtakes BNB Chain Polygon has emerged as the most used smart contract blockchain in terms of transaction volume over the past 30 days. Data shows that Polygon[Read more…]

Whales move the market, and wherever they put their money means, there is an opportunity. With cryptocurrencies under immense pressure after a yearlong selloff, most whales are turning their attention to projects well poised in 2023. GMX (GMX), HedgeUp (HDUP), and Polygon (MATIC) are some of the projects that appear firm amid the turmoil in[Read more…]

A leading cross-chain NFT marketplace, Magic Eden, is teaming up with Polygon network to accelerate blockchain-based games development, bringing the next billion users to the metaverse. Blockchain-based gaming about to hit the next level! Polygon recently announced on its platform today, 22 November 2022, that Magic Eden is integrating with the Polygon network to facilitate the development[Read more…]

A new all-time high record has been set on the Polygon network, with unique addresses exceeding 190 million as of November 14. Polygon MATIC breaks all-time high record Polygon MATIC, an Ethereum token powering the Polygon network, has broken an all-time price record with the number of unique addresses hitting 190.95 million on the 14th[Read more…]

Kraken, a popular crypto and derivative exchange, announced journalists are collecting all information regarding funds sent to the exchange through erroneous transactions on the Polygon network. Kraken is looking into the transactions Kraken, a popular crypto and derivative exchange based in San Francisco, made an official announcement on Reddit regarding the recent wrongful fund transfers. The exchange announced that[Read more…]