Germany has the second highest concentration of ETH nodes in the world

Germany operates one of the world’s largest networks of Ethereum validators, according to the 2022 German Blockchain report published by CV VC Labs. The report which offers a structural overview of the country’s blockchain ecosystem, also indicated Germany accounts for nearly 6% of Europe’s blockchain funding.  The European country has a 22.8% share of all … Read more

Introducing MyDotWallet by MEW

MyEtherWallet Nov 22 · 3 min read Until recently, one of the biggest conversations in crypto was about which chain is going to ‘rule them all’, with blockchain maxis battling it out on Twitter. Now it’s clear that the future is multichain. The great advantage of the crypto ecosystem is the innovation that’s made possible … Read more

99% ETH OFAC compliance to slow block time to 3hrs but not censor

As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction. If 99% of Ethereum validators were OFAC compliant, a censored … Read more

Crypto markets rocked as stablecoin reserves deplete, Curve 3pool concentrated by USDT, 60k BTC leaves Binance, Alameda shorts USDT

Following on from one of the craziest days in crypto history on Nov. 9, the 24/7 crypto markets keep investors busy. Binance released its proof-of-reserves, FTX’s stablecoin balance nears zero, the Curve 3pool became concentrated with USDT, and 60,000 BTC left Binance. Rumors are brewing of an Alameda Research short position on Tether USDT as … Read more

Ethereum supply concentration in smart contracts hits all time high

The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%. The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown as … Read more

A look at similarities between the 2000 dot-com bubble & post-COVID-19 bubble

Despite the prevailing differences between the 2000 dot-com bubble and the post-COVID-19 bubble, they still share numerous similarities. The 2000 tech bubble began in the late 1990s and continued until 2002, while the post-COVID-19 bubble started in 2019 and lasted until 2022. Let’s have a look at both eras: Dot-com Bubble:  The dot-com bubble, also … Read more

Polygon’s Web3: Made in India Tour Starts Rolling with 7 Guild Events & Web3 Education Programs

Polygon is excited to meet the next generation of entrepreneurs during the Web3: Made in India Tour. The young founders of India are smart, driven, and essential for the future of the web. The world is your canvas. That’s why we’re hitting the road in India, to meet you and find the next generation of … Read more

Customer Loyalty Platform Versify is Live on Polygon

Versify Labs, a blockchain-based SaaS platform for customer engagement, is now using the Polygon network to power its digital collectibles loyalty offering.  Small and medium-sized businesses can now tap into Web3’s immense potential by seamlessly creating exclusive loyalty programs at scale using digital collectibles backed by non-fungible tokens (NFTs). The NFT-backed loyalty programs – similar … Read more

Polygon Avail’s Ability to Scale: The Way Forward

The Polygon Avail Testnet is now live. As users begin incorporating Avail into their chain designs, a question that often comes up is, “How many transactions can Avail process?” This is the final piece in a three-part series of articles that will address Polygon Avail’s current performance, as well as its ability to scale in … Read more

India Takes Center Stage in Polygon’s Web3: Made in India Tour

Polygon believes that India will be the epicenter of building and adoption of new blockchain technologies, and we want to help. Introducing Polygon’s Web3: Made in India Tour, a rolling celebration of blockchain builders, culminating at the biggest Web3 festivity of all: ETHIndia! With seven Polygon Guild events and the first-ever Polygon Connect: India, we’re … Read more