Category Archives: Polygon news

Robinhood Launches Wallet For iOS With Support For Polygon And SHIB

Popular U.S. based trading platform Robinhood launched its crypto wallet on the Apple Store with support for Shiba Inu (SHIB), and the second-layer solution Polygon (MATIC). The self-custody wallet has been “already downloaded in over 130 countries,” per an official announcement. Robinhood Wallet To Support Polygon, And To Giveaway Money The wallet allows users to trade and[Read more…]

Robinhood rolls out wallet to iOS customers globally

Robinhood Wallet, which supports both the Polygon and Ethereum networks, is now available to all iOS customers worldwide.  The self-custody wallet, which had a waitlist of over 1 million users, can connect to a range of decentralized applications, Robinhood said in a blog post. Tokens currently supported include COMP, MATIC, SHIB, SOL, UNI and USDC, and[Read more…]

Top DeFi projects move further from decentralization in 2023

Despite nearly six years passing since the inception of decentralized finance (DeFi) in 2017, it’s still experiencing child-like growing pains in 2023. DeFi underpins many Web3 properties which experience hacks and exploits weekly. Multi-million dollar exploits remain commonplace. In truth, the industry has struggled with basics — starting with its name. Whether DeFi has ever achieved financial[Read more…]

Why Polygon’s [MATIC] struggles continue despite growing transaction fees

According to a 28 February tweet, Polygon [MATIC] collected more than $7 million in transaction fees in the year-to-date (YTD) period, which highlighted the Ethereum [ETH] sidechain’s growing network usage. Additional data from Token Terminal revealed that Polygon outperformed layer-2 scaling solutions like Arbitrum [ARB] and Optimism [OP] in terms of transaction fees collected over the last 30 days. Recent activity throws up challenges for[Read more…]

Breaking: Elon Musk Drops ‘BasedAI’ Hint; Name Of New Chatbot?

Billionaire Elon Musk reportedly approached AI researchers about his next venture in the world of artificial intelligence chatbots. Elon Musk BasedAI News: Within hours after reports suggested billionaire Elon Musk approached AI researchers about his next venture, the Tesla CEO dropped another hint in this direction. Earlier, Musk had reportedly talked to AI experts about[Read more…]

Polygon (MATIC) Announces Big Layoffs; Orbeon Protocol (ORBN) Skyrockets In Presale Phase 8

Polygon (MATIC), a well-known blockchain platform, has just announced big layoffsremoving 20% of its workforce. However, despite this unfortunate news, investors and businesses alike can turn their attention to a more promising venture – the Orbeon Protocol(ORBN). With its revolutionary new approach to participating in the venture capital market, Orbeon Protocol (ORBN) is skyrocketing in the presale phase 8. Demand for the tokensis soaring, and they are disappearing quickly. Currently, Orbeon Protocol (ORBN) canbe purchased for $0.0766, representing an impressive growth of 1815% from its initialprice of $0.004. It’s time to take advantage of this exciting opportunity! Polygon (MATIC), formerly known as Matic Network, is an Ethereum Layer 2 scalingsolution addressing the scalability difficulties of the Ethereum blockchain, which had grownclogged and sluggish as transaction volume increased. Polygon (MATIC) is a platform fordeveloping and deploying decentralized apps (dApps). Polygon (MATIC) functions as an Ethereum sidechain. This implies that transactions may becarried out on Polygon (MATIC) sidechain and settled on the Ethereum blockchain. Compared to executing transactions directly on the Ethereum network, this provides quickerand more efficient transactions and reduced costs. Polygon (MATIC) also enables blockchaininteroperability, making it easier for dApps to engage with one another. Polygon (MATIC) performance has improved over time, with the network processing billionsof transactions and more than 340,000 active addresses. MATIC, its native token, has alsoseen a major reduction in value, dropping over 13% in the last week. The recent announcement of layoffs at Polygon (MATIC), on the other hand, serves as a warning that even successful blockchain startups are not immune to market forces. Accordingto Polygon (MATIC), the layoffs were necessary to combine its business groups and enhanceefficiency. Despite the layoffs, Polygon (MATIC) remains a prominent participant in theblockchain arena, with its technology being utilized by developers and end users. >>BUY ORBEON TOKENS HERE<< Orbeon Protocol (ORBN) Registers 1815% Gains as Preasle Reaches Phase8 Orbeon Protocol (ORBN) is revolutionizing the venture capital market to benefit bothinvestors and businesses. Orbeon Protocol (ORBN), a crowdfunding and investmentplatform, links growing businesses with communities in order to get appropriate capital at lower costs. Orbeon Protocol (ORBN) is an NFTs-as-a-service protocol (NFTaaS) This is made feasible by the use of equity-backed, fractionalized NFTs, which start at $1. The NFTs act as a type of startup investment, allowing ordinary investors to have access to theVC market with little constraints. Orbeon Protocol (ORBN) has a “Fill or Kill” mechanism to keep investors safe. Investorstypically lose money when a fundraising round fails to generate the required amount. Toaddress this issue, Orbeon Protocol (ORBN) provides a safety mechanism. If the fundraisingeffort does not succeed, all investors will be refunded. With rising demand, Orbeon Protocol (ORBN) tokens are quickly selling out. The current price of oneOrbeon Protocol (ORBN) token is $0.0766, representing an 1815% increase from the beginning price of $0.004. The Orbeon Protocol (ORBN) tokens are predicted to gain 60x during the presale, which is one of the reasons industry professionalsand investors believe Orbeon Protocol (ORBN) will do well on the market. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Source : cryptodaily Cryptodaily.co.ukcryptodaily.co.uk/

When To Buy MATIC Amid Dip Ahead Of Polygon zkEVM Launch?

The Polygon (MATIC) zkEVM mainnet beta live date is set for the last week of March 2023 but the coin price has been on decline lately Polygon MATIC zkEVM News: Despite the hype around the upcoming zkEVM upgrade, Polygon (MATIC) price is currently following a declining trend. Going by the price pattern, it is believed[Read more…]

Decoding the state of Polygon NFTs as MATIC…

Polygon’s [MATIC] NFT ecosystem has been witnessing growth over the past month, reflecting its increased usage across the globe. CRYPTOSLAM’s data revealed that Polygon’s NFT sales volume increased by over 50% in the last 30 days.   Decoding Polygon’s NFT ecosystem Magic Eden, which is a leading NFT marketplace, recently revealed the top 10 performing collections on[Read more…]

Tesla’s Investor Day: Dogecoin Price Could See Another Bull Rally Soon

Tesla’s Investor Day: The Dogecoin price has surged in the past 24 hours. It has flipped Polygon and Binance USD in terms of market cap. Tesla’s Investor Day: Right before the tech giant’s investor day, Dogecoin (DOGE) has proven to be a highlight performer of the day. The meme coin has successfully managed to flip Polygon and Binance USD in terms[Read more…]

Mangrove raises $7.4 million Series A to enable market makers to operate without locked capital

Mangrove raised a $7.4 million Series A round to build out its order book-based decentralized exchange with its “offer-is-code” approach to liquidity provisioning. Cumberland and Greenfield Capital co-led the raise. CMT and Gumi Crypto Capital (gCC) also participated in the fundraising effort, the company said in a statement.  The startup secured $2.7 million in a[Read more…]