Category Archives: Polygon news

Imagine a safe-deposit box with multiple locks. Each lock has a key that a different person holds, and the only way to open the box is to provide all the keys at the same time. Such a box can be very secure for storing your assets, provided you follow some best practices.  This is essentially […] The post Multsig Best Practices to Maximize Transaction Security appeared first on Polygon | Blog.

Robinhood hasn’t been shy about it’s desire to be a player in crypto. The platform has had a few years of ups and downs as it’s navigated it’s crypto offerings. This week, however, the platform secured a win on the crypto front by listing it’s first stablecoin, USDC. What We Know The news first came[Read more…]

Crypto exchange Binance has made its stablecoin, Binance USD (BUSD), available on Avalanche and Polygon. The token had so far been available on Ethereum and BNB Chain. Each unit of BUSD is backed by one U.S. dollar, making it a fiat-backed stablecoin, according to Binance and the stablecoin’s issuer Paxos, according to Binance. Traders and crypto users often transact with stablecoins like BUSD to[Read more…]

Juno, which allows its users to earn, invest and spend their cash and crypto from one checking account, now supports instant on-ramps to USDC on Polygon. Juno App users can now purchase, sell, transfer, and receive USDC on Polygon without paying transaction fees. Users can instantly convert their fiat funds to USDC on Polygon by […] The post Polygon Enables Instant USDC On-Ramps for Juno Users appeared first on Polygon | Blog.

Finding success as a traditional artist has always meant navigating the closed-off world of the gallery-dealer complex. An artist who doesn’t come from a privileged background or runs in well-connected circles, has little hope of gaining traction. And if their art happens to be digital, they are pretty much straight out of luck. Non fungible […] The post How NFTs Benefit the Artists You Know and Love appeared first on Polygon | Blog.

From January to August 2022, more than $11 Bn has entered the Polygon ecosystem from multiple chains. Ethereum ($8.2 Bn+), Fantom Opera ($1.06 Bn+), and Binance ($863 Mn+) have had substantial inflow contributions and while January ($590 Mn+) recorded the highest net volume, there was a sharp decrease in February followed by a revival in […] The post PolygonInsights – Bridge Flows Jan-Aug 2022 appeared first on Polygon | Blog.

As of press time, Binance finished integrating BUSD on the Avalanche and Polygon networks as well as WAX (WAXP) on the ERC20 protocol. These two integrations were announced by Binance on its official website and Twitter account.  The ERC-20 standard provides guidelines for Ethereum tokens that leverage smart contracts, which has a huge impact on the blockchain. The transfer of tokens, approval of transactions,[Read more…]

In a recent press release, Ankr, the world’s leading Web3 infrastructure developer, announced partnering with Polygon, a decentralized Ethereum scaling platform. The partnership’s main objective is to develop and improve Web3 for Supernet developers to advance the Web3 experience. The partnership will make the environment conducive for all web3 developers creating an application specific to the[Read more…]

Ankr is pleased to announce that it has entered into a strategic partnership with Polygon. Ankr is a Web3 infrastructure and cross-chain staking DeFi platform. It allows users to engage with blockchain ecosystems through decentralized applications (dApps), hosting nodes, and staking. Parth Pathak, General Manager of Polygon Supernets, said, “Polygon couldn’t be more excited to partner with[Read more…]