Category Archives: Polygon news

Introduction of Colombian Peso-Backed Stablecoin on Polygon Unveils Yield Advantages

Num Finance Launches nCOP: Colombian Peso-Pegged Stablecoin on Polygon Num Finance, a prominent Latin America-based stablecoin issuer, has unveiled its latest innovation: nCOP. This novel digital asset, which is pegged to the Colombian peso, is now available on the Polygon network. The company is proud to introduce nCOP, promising users an impressive 8% yield on[Read more…]

Colombian Peso-Backed Stablecoin nCOP Finds Support on Polygon Network – Accelerating Crypto Adoption in Focus?

A New Era: nCOP Stablecoin Launches on Polygon Network A groundbreaking development has taken place in the world of cryptocurrency as a stablecoin linked to the Colombian peso (COP) is now live on the Polygon network. Num Finance, the issuer of this stablecoin, unveiled the eagerly anticipated nCOP, heralding it as a pivotal step towards[Read more…]

API3 Introduces Upgraded Data Feed Service to Boost Total Value Locked (TVL) on Polygon’s zkEVM

Driving DeFi Growth on Polygon zkEVM This significant development comes following the launch of Polygon zkEVM earlier this year, which aimed to harness the power of zero-knowledge proofs while maintaining Ethereum Virtual Machine (EVM) equivalence. Since April 2023, API3 has been actively engaged in providing first-party oracle services to Polygon zkEVM. The recent introduction of[Read more…]

Cryptoworth Collaborates with Polygon Ventures to Drive Strategic Expansion

Expansion into the Digital Asset Accounting Market The newly acquired funds are earmarked to play a pivotal role in further expanding Cryptoworth’s presence within the rapidly growing market for enterprise digital asset accounting solutions. The surging demand for streamlined and efficient accounting solutions in the realm of digital assets is propelling Cryptoworth’s strategic expansion. SOC[Read more…]

Comparing Polygon, Hedera, and Borreo: Exploring the Peak Investment Opportunities in Web3!

Polygon (MATIC) Faces Challenges Amid Binance Delisting Polygon (MATIC) is currently experiencing challenges after Binance’s announcement of delisting its perpetual contracts. Coinglass, a blockchain data analytics platform, has reported a contraction in the Polygon (MATIC) derivative trading market since mid-July. Between July 14, 2023, and August 14, 2023, Polygon’s (MATIC) Open Interest dropped by 28%,[Read more…]

API3 Boosts DeFi Growth with Managed Data Feeds on Polygon’s zkEVM Network

Revolutionizing DeFi with Polygon zkEVM The Polygon zkEVM network, launched earlier this year, aims to revolutionize DeFi by leveraging zero-knowledge proofs and maintaining Ethereum Virtual Machine (EVM) equivalence. API3, a leading blockchain oracle provider, has been collaborating with Polygon zkEVM since April 2023, offering first-party oracle services to enhance the network’s capabilities. Transforming DeFi Oracle[Read more…]

Exploring Polygon (MATIC): A Concise Guide by a Crypto Influencer

Key Takeaways from the Crash Course In his comprehensive video uploaded on YouTube, BitBoy Crypto delved into crucial aspects of Polygon’s ecosystem. Here are some key highlights: POL: The New Face of Polygon BitBoy Crypto was quick to inform his followers about an impending change in the Polygon network. He revealed that Polygon’s native token,[Read more…]

Polygon Co-Founder Commends StarkWare’s Decision to Open Source Stone Prover

Congratulations and Open Source Release In a recent development, Sandeep Nailwal, the founder of Polygon, extended his congratulations to the StarkWare team, especially co-founder Eli Ben-Sasson, for their significant step of open-sourcing the Stone Prover. StarkWare, renowned for their work on scalable transparent argument of knowledge (STARK) technology, has announced that the Stone Prover will[Read more…]

Navigating August’s Path: Forecasting Prices for Solana, Elonator, and Polygon

Solana Value Insights In August 2023 Solana (SOL) and Polygon (MATIC) recently experienced price surges in July, and there’s speculation of another upswing in August. Should investors consider the dip? Let’s assess their potential, underlying factors, and Elonator (ETOR) – a new crypto presale meme coin. Solana’s Current State As of August 14, 2023, Solana[Read more…]

Introducing Kresus’ Dapp Marketplace: Your Gateway to Exploring the Polygon Ecosystem

Introducing Kresus Marketplace: Your Portal to Polygon Dapps Web3 SuperApp, Kresus, has launched the revolutionary Kresus Marketplace, an integrated platform designed for seamless exploration of decentralized applications (dapps) within the Polygon ecosystem. This cutting-edge addition empowers users of the Kresus SuperApp with unparalleled access to the world of web3. The Kresus Marketplace, unveiled on August[Read more…]