Category: Polygon

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Nifty News: Ulbricht’s NFT bids top 261 ETH, Irishman producer funds movies with NFTs

Polygon has ramped up its NFT gaming plans with GameOn partnership, Irishman producer launches NFT firm to fund movies, and the Silk Road founder‘s NFT drop has fetched bids higher than $1 million. Silk Roads lead to nonfungile tokens Bidding for a 1/1 NFT auction created by imprisoned Silk Road founder Ross Ulbricht has surpassed…
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A Multichain World Is Key to the Success of Web 3.0 and the Metaverse

  Matthew Niemerg, Ph.D., is the co-founder and president of Aleph Zero Foundation—a Swiss non-profit offering a new infrastructure layer with a scalable plug-and-play privacy solution leveraging zero-knowledge proofs (zk-SNARKs) and Secure Multiparty Computation (sMPC).  ____… Read More: A Multichain World Is Key to the Success of Web 3.0 and the Metaverse  Read more »Pay,…
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Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high

Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00. Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year.…
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Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________   ___(Updated at 17:20 UTC with a paragraph about the Hashed Venture Fund II)…. Read More: Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News  Read more »Pay, Trade,…
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MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen

  Around USD 31m seems to have been stolen from decentralized finance (DeFi) platform MonoX…. Read More: MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Top 5 cryptocurrencies to watch this week: BTC, AVAX, MATIC, EGLD, MANA

If Bitcoin rises above $60,000, select altcoins such as AVAX, MATIC, EGLD and MATIC may remain strong. Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of…
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South Korea’s leading blockchain facing greater competition in NFT market

South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon. South Korea’s nonfungible token (NFT) space has rapidly expanded throughout 2021 led by the growth of crypto and NFT services offered by Kakao, but competitors are entering the fray. The NFT market in South…
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Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’

On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources. Report Claims Opensea Offered a $10 Billion Valuation…
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Watch: Polygon’s Co-founder On ‘Holy Grail’ of Scaling, Ethereum Merge, NFTs, and More

Polygon (MATIC), a layer 2 (L2) scaling solution for Ethereum (ETH), will continue to focus on zero-knowledge (ZK) technologies as the team believes it is “the ultimate holy grail for blockchain scaling,” Polygon’s Co-founder and Chief Operations Officer (COO) Sandeep Nailwal said in an exclusive interview with Cryptonews.com during the Blockchain Economy Expo 2021 conference…
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Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend

Metaverse gaming tokens, including The Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ether. Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the…
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