Cross-chain liquidity provider Bitfrost has collaborated with Coinbase Cloud to offer its liquid staking service on the Kusama network, according to a Sept.6 announcement. Bifrost was built using the cross-consensus messaging (XCM) system which allows for easier transfer of liquidity for assets staked across the Polkadot ecosystem. The collaboration will see Bifrost leverage Coinbase Cloud‘s … Read more
We are delighted to announce that the XR media company New Canvas has chosen Polygon as its platform to launch an upcoming NFT and Social token drop for its Lustration project, an award-winning animated VR series that takes place in the fictional afterworld, ‘The Between.’ The fantasy noir story of Lustration is an adaptation of … Read more
BitMEX’s founder Arthur Hayes has predicted that Ethereum’s (ETH) price could rise to $5,000 if the merge upgrade is successful and the Federal Reserve goes ahead with its pivot. Hayes also revealed that the current price of Ethereum represents a tremendous buying opportunity for investors as it is selling 76% below his model price of … Read more
Tether, the company behind the largest stablecoin by market capitalization, is now offering their $USDT tokens on Polygon. Tether was first issued on the Bitcoin protocol via the Omni Layer, but it has since migrated to other networks such as Ethereum, resulting in increased trading volumes and liquidity in recent years. Polygon’s DeFi ecosystem will … Read more
At Polygon, we firmly believe that decentralization is non-optional, but rather a hallmark of blockchain technology and one of the most prominent forces of innovation going forward. It is for this reason that a Polygon Governance Team was recently formed. Its mission: to gradually increase the decentralization of Polygon’s products by use of off-chain and … Read more
The migration from Ethereum to Polygon enables faster transfers of equity-based security tokens with ultra-low transaction fees and puts the tokens on a path to global top 20 market cap status Tokeny, an asset tokenization and compliance infrastructure provider, has successfully helped Enegra Group Ltd (“Enegra”), a commodities trading firm with approximately $28 billion in … Read more
Polygon has just extended QuickSwap, a leading decentralized exchange on Polygon, a one million dollar grant to boost adoption. QuickSwap is ranked as the second most popular application running on Polygon according to data published by Dapp Radar. Sameep Sinhania founded QuickSwap after growing frustrated by the high gas fees on the leading DEXs. Building … Read more
Introducing Augur-Matic Rewards Polygon and Augur are excited to announce the Augur-Matic rewards program. The program’s $1 million dollars in rewards is set to boost liquidity on Augur Turbo – a prediction market that features daily markets in sports, crypto, and other categories. The program incentivizes liquidity providers (LPs) by rewarding them through so-called liquidity … Read more
Polygon’s bug bounty program on Immunefi, DeFi’s leading bug bounty platform, is now live with a maximum bounty of $2,000,000. If you are a security researcher looking to venture out into the blockchain space, this is your chance to understand how things function. This bug bounty program is focused on smart contracts with an essential … Read more
Mina and Polygon will bring enhanced scalability, privacy, and verifiability to the DeFi economy. We are thrilled to announce that Mina Protocol and Polygon are working towards implementing support for Mina on Polygon PoS. This bridge will enable developers building applications on Polygon to leverage privacy and verifiability via Mina’s zero knowledge-SNARK-based protocol. Sandeep Nailwal co-founder of Polygon, said, … Read more
