Indian Crypto Companies’ Response to the FTX Collapse
The quick downfall of FTX with an $8-10 billion deficit in its balance sheet has left the broader cryptocurrency market reeling under its cascading effects. Besides Proof of Reserves (PoR)…
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Bitcoin․com Wallet Integrates Polygon (MATIC) Unlocking Secure Low-Cost Access to Thousands of Decentralized Applications
Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can…
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store,…
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more…
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap…
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the…
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports…
Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps
On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3…
Starbucks is Building a ‘Web 3 Experience’ Alongside Polygon
Starbucks – the world-renowned coffee house chain – is taking its first steps into the world of web 3. In partnership with Polygon, the company is building a blockchain-based loyalty…
OpenSea Introduces Polygon Support on Seaport
NFT marketplace giant OpenSea announced support for the layer-2 blockchain Polygon on its new Web 3 protocol Seaport. The integration comes with an expanded list of features, including the ability…