Polygon

Multinational banking behemoth JPMorgan Chase & Co (NYSE: JPM) has completed the first-ever cross-border transaction using decentralized finance (DeFi) on an open blockchain. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2. Project...

While most altcoins struggle in light of the bearish cryptocurrency market, Polygon (CRYPTO: MATIC) has been outperforming the apex Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and even Elon Musk’s favorite Dogecoin (CRYPTO: ...

Meta Platforms Inc (NASDAQ: META)-owned Instagram will soon allow users to create, sell and showcase Polygon (CRYPTO: MATIC) based nonfungible tokens (NFTs), giving them new ways to monetize their communities using digital collectibles. What Happened: Instagram on Wednesday announced plans to...

Social news website and platform Reddit could be onboarding millions of people to the world of non-fungible tokens and Web3. The catch is that people who have the NFTs might not even know what they are. What Happened: Reddit onboarded millions of people to the world of NFTs with the launch of...

Known as the “Oracle of Omaha” and by other nicknames, legendary investor Warren Buffett is a man of many names. Buffett also gives out nicknames from time to time, including calling leading cryptocurrency Bitcoin (CRYPTO: BTC) “rat poison squared.” Here's how Buffett...

Blockchain development platform Polygon (CRYPTO: MATIC) on Monday announced the launch of its zkEVM Public Testnet, which seeks to achieve infinite scalability, high security, and a familiar developer experience to Ethereum (CRYPTO: ETH). The company claimed to be the first project ever to...

Coffee chain giant Starbucks Corporation (NASDAQ: SBUX) shared details for its Web3 experience on Monday. The company first announced plans for NFTs and a bigger Web3 presence in April. Here is the first look at Starbucks Odyssey. What Happened: Starbucks announced Starbucks Odyssey Monday, a Web3...

Retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) has enabled transfers on the Polygon (CRYPTO: MATIC) network. What Happened: Robinhood said on Wednesday that users would be able to send and receive MATIC tokens on Polygon in addition to Ethereum (CRYPTO: ETH...

Staking solution Lido DAO (CRYPTO: LDO) and Proof-of-Work blockchain Ethereum Classic (CRYPTO: ETC) were the best performing cryptocurrencies last month, posting triple-digit gains in July. The positive price action was largely driven by optimism around the Ethereum (...

Hello Kitty and Friends are coming to the world of non-fungible tokens (NFTs). Here are the details of the partnership between Hello Kitty parent Sanrio and NFT company Recur. What Happened: A collection of 10,000 NFTs will be launched featuring six characters from the Hello Kitty and Friends brand...

One of the most popular video games of all time put out an article discussing non-fungible tokens Wednesday. Could NFTs be coming to Minecraft? Here’s what the company said. What Happened: Video game Minecraft is one of the most popular games despite being released in 2011. The game is owned...

Polygon (CRYPTO: MATIC) is set to launch Polygon zkEVM, an Ethereum (CRYPTO: ETH) equal scaling solution. At the Ethereum Community Conference (EthCC) on July 19, Polygon confirmed the launch of Polygon zkEVM, endeavouring to optimize zero-knowledge technology and lower fees by approximately 90%,...

Ethereum (CRYPTO: ETH) scaling solution Polygon (CRYPTO: MATIC) joined five other companies in Walt Disney Co (NYSE: DIS) 2022 Disney Accelerator program. What Happened: In an announcement on July 13, Disney named Polygon in its Accelerator class that will build the “future of immersive...

A new program is offering the opportunity to secure a non-fungible token from a series of “blue chip” collections now and pay for it later. Here’s how the popular “buy now, pay later” financing program that has taken on several industries is now headed to NFTs. What...

Social networking platform Reddit has launched a new Collectible Avatar market that is based on the Polygon (CRYPTO: MATIC) blockchain. What Happened: In an announcement on Thursday, Reddit said the Collectible Avatars would be available for purchase on the platform and the creators behind each...