Category Archives: Polygon news

Binance USD (BUSD) is now available for deposits and withdrawals on the Polygon network, giving our users access to one of the fastest-growing stablecoins. BUSD, first issued on Ethereum and BNB chains, is now extended to Polygon to provide users with a fast and secure way to transfer the USD-backed stablecoin across different blockchains. The […] The post Binance Stablecoin BUSD Is Now Available On Polygon appeared first on Polygon | Blog.

The much-awaited Polygon [MATIC] ZK launch is one day away. Amid the buzz around the launch, several interesting developments made their way to the Polygon ecosystem. These updates managed to positively affect the price of MATIC as the altcoin registered a promising uptick. CoinMarketCap’s data revealed that at press time, MATIC’s was trading at $0.8292, up by[Read more…]

Polygon has announced the release of its public zkEVM testnet, which will enable developers to test the development of privacy-enhancing zk-rollups in their respective decentralized applications.  The testnet launch is for Herzez, acquired by Polygon for $250 million last year.  The Race For Ethereum Layer-2 Solutions Polygon has rolled out its first public testnet for its[Read more…]

XRP has maintained a daily calmness but emerged as the week’s top performer. The token took to the north with 18% weekly gains as the price crossed the $0.5 mark before falling. Also, other altcoins have been making slight losses daily in the past week. The crypto market is witnessing a drastic twist in the[Read more…]

Polygon [MATIC], on 10 October, announced that its ZK roll-ups with EVM compatibility public testnet were now live. Since unveiling the zkEVM in July, Polygon seemed to have been working non-stop to achieve the recently-declared update. According to its blog post-release, Polygon noted that it was committed to serving the crypto community with the first open-source zkEVM network.[Read more…]

Ever since we first unveiled Polygon, we have been constantly inspired by Ethereum and its values. We are grateful for all the support and feedback that we have received from the Ethereum community so far, it helped us evolve the project while not losing focus on our goals and vision. To continue in the same […] The post Polygon zkEVM Public Testnet: The Next Chapter for Ethereum appeared first on Polygon | Blog.

Removal of unavoidable emissions using carbon credits is fundamental to a net-zero strategy. But the current system of carbon offsets is flawed, and the quality of carbon credits is suboptimal, undermining climate-positive actions globally. Senken is trying to fix this and make the voluntary carbon markets more accessible by leveraging cutting-edge blockchain solutions.  Senken is […] The post Transforming Carbon Markets With Senken on Polygon appeared first on Polygon | Blog.

USDT Dominance has ranged from 7.28% to 7.7% since the third week of September. This showed the crypto market participants did not lean heavily bearish or bullish and did not yet see fit to withdraw on a large scale from crypto into stablecoins. Their rather neutral stance came at a time when Bitcoin stalled between $18.6k and $20.4k.[Read more…]

Polygon [MATIC] has managed to show consistent growth in the L2 space despite the L2 space seeing a rise in the number of projects. However, will Polygon be able to continue this growth in the future given the current situation of the cryptocurrency market?  The answer to this question may lie in Polygon‘s long term plans that consist of dominating the[Read more…]

The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on[Read more…]