Donald Trump's Second Set of NFTs Sells Out Within 24 Hours of Launch
Former US President Donald Trump's second set of non-fungible tokens (NFTs), Trump Digital Trading Cards Series 2, sold out within 24 hours since launch, generating over $2.7 million in secondary sales and having 7,394 owners.
Ethereum Layer 2s Gain Popularity in Q1 2023, Alchemy Report Shows
According to a report by Alchemy, Ethereum layer 2s, such as Optimism, Arbitrum, and Polygon, saw an increase in popularity in Q1 2023. Users bridged over $635,000 worth of crypto assets to these networks in the first quarter, an increase of 44% over Q4 2022 and 518% over Q1 2022. The deployment of smart contracts related to layer 2s also increased by 160% when compared to Q1 2022, despite a 30% decrease relative to Q4 2022.
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
Despite the crypto winter that has unfolded over the past few months, Web3 developers remain resilient in their efforts to deploy decentralized applications (dapps), according to the Q1 2023 Developer Report from Web3 developer backend Alchemy. Developers installed an average of 1.9 million Ethereum SDKs per week, a 47% increase year-over-year, and 788% more wallet SDKs were deployed since Q1 of 2022.
HedgeUp (HDUP) Presale Attracts Stacks (STX) And Polygon (MATIC) Holders As They Eye Better Returns
HedgeUp (HDUP) is a new cryptocurrency project that has attracted the attention of Stacks (STX) and Polygon (MATIC) holders. The project aims to provide a decentralized platform for trading derivatives, such as options and futures.
Launch your NFT Marketplace on Polygon
Non-Fungible Tokens (NFTs) have become one of the hottest trends in the cryptocurrency world.
Polygon Is Now the Second-largest Blockchain Gaming Network
After a surge of user activity in March of 2023, Polygon has become the second-largest blockchain gaming network. According to a report from DappRadar, a total of 138,081 unique active wallets (UAWs) became involved in gaming in the Polygon chain.
Polygon (MATIC) Future In Jeopardy Post-Ethereum Transition, RenQ Finance (RENQ) Being Seen As A Replacement By Experts
Polygon (MATIC), a Layer-2 scaling solution for Ethereum, has been a popular choice for developers due to its fast and cheap transactions. However, its future may be in jeopardy as Ethereum transitions to a proof-of-stake (PoS) consensus mechanism, which is expected to significantly reduce gas fees and increase transaction speeds. This has led experts to consider RenQ Finance (RENQ) as a potential replacement for Polygon. RenQ Finance is a decentralized finance (DeFi) platform built on the Ethereum blockchain. What sets RenQ Finance apart from other DeFi projects is its modular and composable architecture, which makes it easier to integrate with other DeFi projects.
Successful New ZK Infrastructure Entrepreneurial Brunch Hosted by zkMeta and Polygon
<b>Cointime News: </b>The “Coming ZK Era: Brand New Possibilities For NFT & GameFi” brunch event was successfully held in Hong Kong, organized by zkMeta and Polygon, and co-sponsored by Aliyun, Particle Network, and O3 Swap. The event drew a lot of attention from institutions and builders working with GameFi, cross-chain, NFT, and ZK technologies. Discussions revolved around topics such as new business models for on-chain game infrastructure, NFT & GameFi using the new ZK infrastructure, current pain points, opportunities, and challenges of public chains, as well as providing new development ideas for Web3 game developers and teams.
Fintech Helio Raises $3.3M in Seed Funding to Expand Web3 Payments Platform
London-based fintech Helio has raised $3.3M in a seed funding round led by Peak and Lightspeed Faction, with participation from RockawayX, Solana Labs, and angel investors. The company's Web3 payments platform enables merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum.
Uniswap Launches Mobile Wallet for DeFi Trading on Mainnet and L2s
The wallet allows users to seamlessly swap on Mainnet, Polygon, Arbitrum, and Optimism and discover top tokens by market cap, price charts, and volume.
