Category Archives: Polygon news

Sotheby’s Launches NFT Marketplace on Ethereum and Polygon Networks Sotheby’s, one of the major auction houses, has recently launched a non-fungible token (NFT) secondary marketplace that allows users to buy curated NFTs on the Ethereum (ETH) and Polygon (MATIC) networks. The platform is fully integrated and on-chain, allowing buyers to pay in ETH or MATIC,[Read more…]

Sotheby’s Launches On-Chain NFT Secondary Market Luxury auction house Sotheby’s has developed a fully on-chain sales system where users can purchase curated NFTs on the Ethereum and Polygon networks. The addition of this new on-chain marketplace now allows digital art collectors to purchase secondary NFTs. Curated Selection of Leading Artists While many pre-existing NFT marketplaces[Read more…]

Mastercard Launches New Web3 Solution to Improve Trust in Blockchain Transactions US payment giant Mastercard has recently launched a new Web3 solution, the ‘Mastercard Crypto Credential’, aimed at bringing more trust to blockchain transactions. The offering seeks to establish a set of common standards and infrastructure that will “help attest to trusted interactions among consumers[Read more…]

The Rise of Litecoin (LTC) and Polygon (MATIC) in the Crypto Market The cryptocurrency market has experienced tremendous growth and volatility over the past year. Two tokens that have been gaining traction for their performance and unique use cases are Litecoin (LTC) and Polygon (MATIC). A newcomer in the crypto world, Collateral Network (COLT), has[Read more…]

Investment Firms a16z and Polygon Labs Praise U.K.’s Crypto Regulation Two major investment firms, a16z and Polygon Labs, have praised the U.K.’s approach to crypto regulation, in stark contrast to the attitudes of U.S. policymakers. Some American lawmakers and businesses have criticized the U.S. for stifling innovation with its heavy-handed and confusing approach to regulating[Read more…]

Polygon’s Strong Q1 Performance Sparks Optimism for Q2 Polygon, also known as MATIC, witnessed growth in multiple areas in the first quarter of 2023, including network usage and total value locked (TVL). However, the blockchain’s NFT ecosystem stats declined marginally. Polygon’s Gaming Ecosystem Booms in Q1 Polygon’s gaming ecosystem experienced significant growth in Q1, with[Read more…]

Google Cloud’s Blockchain Node Engine to support developers on Polygon blockchain Google Cloud has announced that its Blockchain Node Engine, which was previously limited to Ethereum and Solana, will now be available for developers on the Polygon blockchain. This move will enable developers to focus on building on Polygon without the need to configure or[Read more…]

Polygon Expansion Event DG Pals has its sights set on the Polygon network in a big way. The Cronos-based Non-Fungible Token (NFT) gaming ecosystem is holding its first launch event for the Layer-2 Ethereum sidechain. The tweet from DG Pals is short and sweet, promising more details on the launch event in the near future[Read more…]

Polygon NFT Sales and Activity on the Network As of 21 April, data showed that Polygon’s NFT sales were experiencing a significant rise. Compared to other cryptocurrencies, Polygon was doing relatively well in terms of sales and came in second only to Ethereum. The volume of transactions on the Polygon network witnessed a 19.49% growth[Read more…]

MATIC May Fluctuate as Traders Await Next Fed Announcement Polygon [MATIC] has seen a 15% depreciation, dropping from around $1.18 to $0.9998 due to the persistent Bitcoin [BTC] correction in the past week. Despite signs of easing short-term selling pressure, MATIC may fluctuate as traders wait for the next Fed announcement on 2-3 May. A[Read more…]