Category Archives: Polygon news

Speculation Abounds: Is Polygon Foundation Liquidating Nearly $6 Million in MATIC?

Key Points: Here are the key developments surrounding the Polygon Foundation’s recent MATIC activity: Recent MATIC Transactions: Recent on-chain data from Lookonchain reveals intriguing transactions involving Polygon Foundation Wallet Addresses: This sudden move by the Polygon Foundation has left many investors perplexed and led to speculations about potential future liquidations. This uncertainty may prompt investors[Read more…]

Domini’s Potential for 2000% Growth Amidst Solana and Polygon Downturns

Solana Projects Shuttered On August 27, 2023, Clockwork founder Nick Garfield announced that the Solana-based project is shutting down operations. Clockwork was a smart contract automation startup meant to facilitate payroll payments. The closure adds to a growing list of Solana closures, including Friktion, Everlend Finance, and NFT protocol Cardinal. Experts speculated that this news[Read more…]

Polygon Anticipates PIP Approval Amidst Rising Momentum for Decentraland and Borroe.Finance

Polygon Awaits PIP Approval and MATIC Stabilization While Polygon eagerly awaits PIP approval, its native currency, MATIC, appears to have found stability, raising hopes of potential gains in the months ahead. Decentraland’s Partnership with Inworld On August 10, 2023, Decentraland forged a strategic partnership with Inworld to harness advanced artificial intelligence (AI) capabilities known as[Read more…]

Casio Teams Up with Polygon Labs to Introduce Virtual G-SHOCK NFT Collection on the Polygon Network

TL;DR Breakdown Casio has teamed up with Polygon Labs to introduce G-SHOCK NFTs, starting with a creator pass collection. Community engagement, global accessibility, and Polygon’s blockchain expertise drive Casio’s entry into the NFT space. The Collaboration The Japanese electronics giant Casio is making waves in non-fungible tokens (NFTs) by partnering with Ethereum scaling developer Polygon[Read more…]

Alchemy Pay Broadens Its Reach to Polygon zkEVM, Enabling Effortless Cryptocurrency Transactions

Key Points: Announced on September 5, Alchemy Pay’s decision to deploy its payment services on Polygon zkEVM opens up new possibilities for developers building on this cutting-edge zero-knowledge proof network. One of the standout features is Alchemy Pay’s direct-to-customer plugin, which can be seamlessly integrated by decentralized applications (dApps) and platforms with minimal cost and[Read more…]

Casio and Polygon Collaborate to Introduce G-SHOCK NFT Watch Collection

15,000 Limited-Edition Creator Pass NFTs on Polygon Starting from September 23, 2023, a total of 15,000 limited-edition G-SHOCK Creator Pass NFTs will be minted exclusively on the Polygon blockchain. These unique NFTs will introduce a new dimension to the iconic G-SHOCK line of shock-resistant watches. Expanding the G-SHOCK Community The G-SHOCK brand, renowned since its[Read more…]

MATIC Token Surges 5% Following Exciting Partnership Announcement

The Impact of the Casio Partnership The resurgence of Polygon can be largely attributed to its latest partnership with Casio, a renowned electronics manufacturer. This partnership is set to introduce the creation of non-fungible tokens (NFTs) for Casio’s iconic G-Shock watches on the Layer 2 scaling solution. One of the key components of this collaboration[Read more…]

Is Polygon Falling Behind as Other Layer 2 Solutions Thrive?

Polygon Faces Growing Competition Polygon, a prominent Layer 2 scaling solution, is encountering intensified competition from emerging players in the field. This heightened competition is affecting its fee generation and its position in the DeFi landscape. Polygon’s Dragon Fruit Update Polygon is actively working to fortify its competitiveness in the realm of Layer 2 scaling[Read more…]

Polygon Whale Emerges from Staking Journey: Potential Impact on MATIC?

Changes in Transactions and Circulation Following this whale’s transaction, Polygon network witnessed an increase in transactions, yet a decrease in circulation. Whale Alert, a reputable source for tracking crypto movements, reported that a Polygon whale transferred 13.36 million MATIC tokens worth a significant amount from a staking wallet to an undisclosed destination. This action has[Read more…]

Top Coins Priced Below $1: Exploring Polygon (MATIC), Stellar (XLM), and Watchvestor (WVTR)

The Importance of Portfolio Diversification The most experienced investors and traders consistently diversify their portfolios. A diversified one will help them reduce their risk and get higher returns when trading or investing in cryptocurrencies. Exploring Coins Under $1 Out of the many projects available, typically, those under $1 are far more appealing for diversification, as[Read more…]