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2022-11-26 22:52:02 Polygon whale has just moved around $7.8 million in MATIC to the crypto exchange Binance

Data shows a Polygon whale has just moved around $7.8 million in MATIC to the crypto exchange Binance, something that may be bearish for the crypto’s price. This transaction involved the movement of 9 million MATIC on the Ethereum blockchain, worth more than $7.8 million at the time of the transfer. Because the price of Polygon has come down a bit since then, this same stack of coins now converts to about $7.6 million. Such large transactions are usually a sign of activity from the whales, and depending on the intent behind them, can have noticeable impacts on the market.

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2022-11-26 10:48:56 Crypto Cup Kickoff: Predict Your World Cup Winner to Share the 500,000 $USDT Prize Pool!

Bybit is giving you a golden opportunity to earn a share of our 500,000 $USDT prize pool when you correctly predict the winners of each stage of the FIFA World Cup 2022!

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2022-11-20 22:25:06 Polygon (MATIC) could be interpreted going by these bullish on-chain metrics

MATIC, the native token of Ethereum layer two scaling solution side chain Polygon, could be poised for a price explosion going by several bullish market and on-chain metrics. According to the data from the cryptocurrency data platform Token Terminal, the Polygon blockchain has been demonstrating remarkable performance. In the last 30 days, the network has seen a 185 percent increase in transaction fees collected (earning around $3.37 million during the period). The network has also seen a 386.6 percent increase in revenue—the share of transaction fees accrued to MATIC holders—in the last 30 days, reaching a value of $1.4 million.

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2022-11-19 22:25:00 Polygon is one of the better performers amid FTT and SOL weaknesses

The most important thing to remember when investing in cryptocurrency is that the market is highly dynamic. Therefore, what might be a good investment today might not be a good investment tomorrow. This is why it's essential to stay up-to-date on all the latest news and trends in the industry. Oryen offers a great way to generate passive income and accumulate fixed yield through them. This is further enhanced by its unique auto-staking mechanism (OAT). With ORY tokens, you can get up to a 90% APY fixed yield, which is one of the highest rates available in the crypto world.

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2022-11-18 22:41:00 Polygon Chain Hit the Record in Active Wallets Per Month

The number of Polygon (MATIC) transactions in September was 81,357,498, with average daily volume of 2,711,916 transactions. In October, the total number of Polygon transactions was 80,988,446, with average daily volume of 2,612,530 transactions. Compared to September, the average number of transactions per day in October decreased by 3.7%. In October, the Polygon ‘average number of blocks per day’ chart shows a decrease of 0.6% in the average number of blocks per day. The average number of Polygon blocks per day in September was 41,307, and the average number of Polygon blocks in October was 41,044. A smaller number of blocks mined in the Polygon network in October was observed on the 18th. The rest of the month passed without significant peaks.

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2022-11-17 22:29:01 Inside Polygon: Why India’s most successful Web3 company is restructuring

Polygon, a fast growing Indian Web3 company, is currently in the middle of a major restructuring exercise, according to three sources familiar with the development. The move will result in all business functions and partnerships being grouped together inside Polygon Studios headed by Ryan Wyatt. Polygon’s co-founders will henceforth be focussing on a broader role in the firm. The restructuring comes on the back of the massive growth the company

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2022-11-16 22:21:02 Cask Protocol Joins Chainlink BUILD Program To Accelerate Adoption of Automated Money Flows

Cask Protocol is officially joining the Chainlink BUILD program. The BUILD program will help Cask accelerate the development, innovation, and adoption of automated money flows with enhanced support from the Chainlink ecosystem. In return, Cask will provide network fees and other incentives to Chainlink service providers, such as stakers, as part of Chainlink Economics 2.0. The alignment of incentives between Cask and Chainlink will encourage sustainable growth mechanisms and adoption over the long term, which will benefit not just the Chainlink ecosystem, but Web3 as a whole.

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2022-11-15 21:50:00 Nike Launches .Swoosh Web3 Platform, With Polygon NFTs Due in 2023

Nike has been one of the biggest fashion-world players in Web3 through RTFKT, the NFT and digital apparel startup it acquired in late 2021, and we’ve seen the apparel giant gradually bring its own brand into the space as well. Now Nike aims to step up its efforts with the launch of a new platform, .Swoosh. The .Swoosh platform is billed as the epicenter for Nike’s digital efforts around Web3. It's designed to spotlight the brand’s NFTs and virtual apparel initiatives, including future ways for customers to become co-creators and share in digital product royalties. including one from Adidas—come with physical apparel or real-world perks.

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2022-11-14 22:20:10 Poundtoken Has Integrated Chainlink Proof of Reserve (PoR) to Help Secure GBPT Minting

Poundtoken is excited to announce that we have integrated Chainlink Proof of Reserve (PoR) to enable real-time visibility into the reserves backing GBPT, our fully-backed GBP stablecoin regulated in the British Isles. Chainlink PoR is also used to help secure the minting function of GBPT, helping ensure that the circulating supply of GBPT does not increase beyond the amount of off-chain fiat reserves held via safeguarded accounts at Bank Frick. Poundtoken has previously announced our intent to integrate Chainlink—find more information about the technical details of the integration and the automated workflow that helps ensure that no unbacked GBPT can be minted.

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2022-11-13 23:09:59 Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC Holdings

The entity behind mysterious fund movements related to FTX crypto wallets has started liquidating token holdings from various networks. Over $12 million in chainlink (LINK) tokens were sold in early Asian hours across two transactions, shortly after reports of a hack at FTX. The entity gained just under $10 million after slippage – a term to describe losses taken by a market participant when receiving a different trade execution price than intended – implying the entity was rushing to liquidate funds. Separately, activity tied to the account drainer’s wallets on the Polygon blockchain showed some 3 million MATIC tokens were sold for $2.4 million.

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