DeFund Launches Decentralized Fund Investment Protocol on Polygon, Making it More Accessible to Crypto Users Worldwide
We are excited to announce that the DeFund Protocol will be deployed on the Polygon Network! This not only means lower fees and faster transaction speeds but also makes our user base more diverse....
Phantom Wallet Now Compatible with Every Ethereum, Polygon, and Solana App
Phantom also introduced a "Default Wallet" setting that allows users to choose their default wallet or be prompted every time they connect their wallet.
Prominent Crypto Analyst Predicts Polygon (MATIC) Price Surge Following This New Development
A crypto analyst has predicted a surge in the price of Polygon (MATIC) in the coming months. The analyst notes that Polygon has seen significant growth in recent months, as more businesses and individuals seek to participate in the market and take advantage of the potential benefits of blockchain technology and DeFi platforms.
Cointime News Wrapup-Afternoon Version: Matt Damon Reveals Why He Appeared in Crypto.com’s Most Infamous Ad
The Hollywood icon was relentlessly mocked for appearing in the ad in 2021, which was released just before the crypto markets plummeted.
Polygon Co-founder: zkEVM Mainnet is the ‘Holy Grail of Scaling’
Polygon's co-founder Mihailo Bjelic and technical lead Jordi Baylina have shared their thoughts on the recent launch of the Polygon zkEVM in a podcast with Bankless. Baylina described the launch as a major milestone for the firm, stating that scalability and security are among the top features that the latest product brings to the table. Bjelic described it as the "holy grail of scaling" and highlighted its EVM compatibility, which benefits everything related to the Ethereum ecosystem. The launch had a significant impact on Polygon's native token, MATIC, which rallied more than 7% over the past 24 hours. (ambcrypto)
At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day
In just over 24 hours, more than 75% of the total supply of y00ts NFTs (11,362 out of 15,000) had reportedly already been migrated to Polygon. As of this writing, less than two days after the migration tool launched, the tally stands at 11,506 migrated NFTs—or nearly 77% of the total collection.
OpenSea Teases April Launch of Solana NFT Integration on Marketplace
OpenSea, the largest marketplace for NFTs, has hinted at an April integration of Solana NFTs on its website. Solana will be the fourth blockchain supported by OpenSea after Ethereum, Polygon, and Klatyn.
Crypto Evening Briefing: Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
The extradition of TerraForm Labs founder Do Kwon from Montenegro has been requested by both the U.S. and South Korea, Justice Minister Marko Kovac said at a Wednesday press conference.
Polygon To Help Fight NFT Scams With Web3 Infra Protocol Partnership
Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT), has partnered with blockchain platform Polygon to make NFT authentication possible. Under the partnership, all digital assets on Polygon will be compatible with Wakweli's certification system, and NFT project holders on the Polygon chain will be able to request authenticity certificates for each of their assets. Staking the utility token of Wakweli, WAKU, is necessary to create a certificate request, with the amount to stake dependent on the level of trust needed for each case. Wakweli's testnet will be available in April and can be used with Polygon's Mumbai testnet. Alpha testing with Polygon's mainnet will begin in Q2 2023, and general mainnet compatibility is expected to be ready by Q3 2023. The partnership aims to enhance the security of the digital ecosystem by providing a medium for detecting counterfeit NFTs.
NFT Certification Protocol Wakweli Seals Polygon Collaboration
The deal means that all digital assets on Polygon will be compatible with the certification system that Wakweli has developed. Every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets.
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
Popular non-fungible token (NFT) project y00ts has started the migration process from its native Solana blockchain to the Polygon network in a move meant to speed up transaction times and reduce network fees.
Polygon Announces the Launch of Open-Source zkEVM
Polygon has announced the launch of an open-source zero-knowledge execution virtual machine (ZK-EVM). The ZK-EVM is designed to provide a more secure and private environment for smart contract execution on the Polygon blockchain.
Polygon (MATIC/USD) Price Dips As Disney Abandons Metaverse Project
Polygon (MATIC/USD) price has continued to decline following the latest disappointment in the blockchain industry. The price fell to a low of $1.03, the lowest level since March 11, dropping by over 15% from its highest level this month.
Why Polygon x Immutable zkEVM is a Game Changer for Gaming
The partnership aims to elevate Web3 gaming through a secure, scalable, and enhanced EVM-compatible Layer 2 solution.
OpenSea Sees a Slump in Ethereum and Polygon NFT Sales; Details Inside
Sales figures for Ethereum and Polygon-based non-fungible tokens (NFTs) on OpenSea are on track to register the lowest monthly volume of the year so far, according to data from Dune Analytics. Ethereum-based NFT sales on the marketplace have declined by 50% in March, while sales of Polygon-based NFTs have experienced a staggering 97% drop in sales volume. OpenSea's dominance in the NFT marketplace has also declined, with a 98% drop in unique active wallets and a 99% decline in transaction count over the past 90 days. This is attributed to the launch of Blur, which has gained significant traction since its launch in October 2022. (ambcrypto)
Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation
Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-week low to start the week.
y00ts Forms a Link From Solana to Polygon & Eases the User Experience
y00ts, a popular non-fungible token (NFT), has announced a link from Solana to Polygon to provide enhanced liquidity and interoperability for buying and selling NFTs. This move will improve the overall user experience and connectivity with y00ts NFTs. Polygon is a Layer 2 solution that operates on top of Ethereum. This shift to Polygon proves the significance of compatibility in the ever-shifting NFT arena. Users holding y00ts will benefit directly from the linking, with gas fees taken care of for the first 24 hours and no staking charges. The team at y00ts will carry out an airdrop of a sole BTC deGod to one Y00t that links to the Polygon network within the first 24 hours. The NFTs of y00ts are customizable, providing high interactivity in the Web3 arena. The shift to Polygon highlights the importance of linking various blockchain networks and staying in touch with the ever-changing NFT market.
