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Search Results for: Polygon

Circle Announces Support For Polygon USDC on Its Payment Platform

Ethereum-Polygon Bridge transactions are inconvenient for many users. Polygon has grown to include more than 20,000 Dapps. The US Dollar Coin (USDC), a crypto stablecoin developed by Fintech firm Circle, is now available on the Polygon blockchain. Polygon USDC eliminates the need for users to transfer their USDC from Ethereum’s

June 8, 2022 1 min read

Polygon (MATIC) Price Rebounds Following Recent Developments

Polygon is up 4.00% in the last 24 hours. It is estimated that at least 134,078 ETH wallets contain more than 100 MATIC tokens. Polygon (MATIC) has fallen by more than 60% from its all-time high of $2.92 set on December 27th, 2021. In the midst of a bigger crypto

June 6, 2022 2 mins read

Tether USDT Finally Launched in Polygon Chain

The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything.  Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded

May 27, 2022 1 min read

Polygon Opens Up Support For Terra NFT Projects Following Terra Collapse

A “multi-million dollar fund” called the Terra Developer Fund was announced. Polygon has been down 4.23% in the last 24 hours. Recent bearish engulfing candlesticks in MATIC have significantly hindered purchasing attempts as the alternative has gone below its three-month trendline resistance. MATIC might go into a downward spiral in

May 27, 2022 1 min read

Open-source Social Networking Dapps Launched by Aave on Polygon

Aave has set up a $250,000 grant program to help developers. Kulechov was banned from the Twitter platform in April. With the launch of the Lens Protocol, Aave (AAVE) has made it easier for developers of social networking decentralized applications (Dapps) to build on the Polygon (MATIC) network. Need For

May 19, 2022 1 min read

Polygon And Orbs Announced New DeFi Accelerator Program

On May 18 in Tel Aviv, Israel, A new DeFi Accelerator program has been announced by Polygon and DeFi Alliance (DeFi.org). The Accelerator Program is a six-week intensive program that provides DeFi startups with liquidity and other infrastructure resources to help them build, implement, and develop their platforms. The Great

May 18, 2022 3 mins read

Polygon CEO Announces Support to Terra Projects For Migration to 0xPolygon

Polygon PoS chains are available for Terra community initiatives as per Sandeep Nainwal. Talk of Terra’s recent downfall has been a topic of conversation. The crypto market has been rocked by the breakdown of the Terra ecosystem in the previous week. The neighborhood is getting a lot of aid from

May 16, 2022 2 mins read

Polygon Can Help With Ethereum’s Scaling for How Long?

Ethereum is the most popular blockchain-powered network for building decentralized applications. In essence, Ethereum’s creators have taken the breakthrough technology of Bitcoin to the next level.  However practical, Ethereum is a far cry from being perfect, and that’s why projects such as Polygon came to life. Namely, Ethereum has been

May 16, 2022 3 mins read

Polygon (MATIC) Prices in Red Despite Recent Developments

Polygon has managed to keep its network secure even on Supernet chains. Polygon is down 2.91% in the last 24 hours. The $100 million funds and the launch of Polygon Supernet show Polygon’s commitment to making the crypto industry more accessible to new levels. This money will be put to

April 24, 2022 1 min read

Polygon Network Resumes Operations After Outage Struck Due to Recent Upgrade

Most customers have voiced their displeasure at the length of the outage. According to a team statement, all money and data on the blockchain are secure. Ethereum scaling solution at layer 2 Polygon has been without a new block for nearly 11 hours, with creators blaming the problem on a

March 12, 2022 2 mins read