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Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line
25.10.2024
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024
How Liquid Staking is Disrupting Proof-of-Stake Blockchains
15.10.2024
Liquid staking is emerging as a game-changer in the blockchain space, particularly for Proof-of-Stake (PoS) networks. It addresses some of […]
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The Next Chapter for Polygon PoS: Upgrading to ZK-Powered Layer 2
26.9.2024
Polygon, as a blockchain, has emerged as one of the most preferred and trusted partners in the market.…
Babylon Launches Trustless Bitcoin Staking Protocol on Mainnet
20.8.2024
Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature....
Zcash founder joins Shielded Labs, pushes for hybrid PoS upgrade
12.8.2024
Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism
Polygon Labs’s MATIC-POL migration confirmed for Sept. 4
18.7.2024
The upgrade is part of Polygon's 2.0 roadmap to enhance its zero-knowledge-based layer 2 chains ecosystem, aiming to expand the utility and functionality of its native token
Azuro launches grants scheme for on-chain prediction apps on Polygon PoS
19.6.2024
Azuro will be coming out with an exclusive grants scheme for funding the development of applications with the utilization of Azuro on Polygon PoS. This will include the furthering of on-chain prediction applications targeting sports, as well as entertainment-related projects. Added to that,...
Musk promises ban on Apple, Greenpeace calls for Bitcoin’s PoS, and other news: Hodler’s Digest, June 9-15
15.6.2024
Elon Musk threatens to ban Apple devices if they integrate with ChatGPT, Greenpeace calls for a shift in Bitcoin’s consensus mechanism, and more
Zone launches PoS gateway with instant settlements
5.6.2024
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution
PlayFi announces plans to start a Polygon PoS network node license presale
24.5.2024
PlayFi has announced its plans to roll out a presale event for node license on Polygon. This officially marks the entry of the AI-powered data network. PlayFi has called this a pivotal moment, reflecting a blended vision of Blockchain and gaming. Notably, this is not the first time Blockchain...
What Is Restaking?
17.5.2024
The concept of restaking introduces a groundbreaking way for people to utilize their staked cryptocurrency across various protocols simultaneously. This not only boosts reward potential but also significantly enhances the security and scalability of blockchain networks, benefiting the entire crypto...
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
13.5.2024
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities...
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
17.4.2024
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s...
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
Is Near Protocol About to Crash? NEAR Price Drops 4% as Focus Turns to Novel Learn to Earn Protocol
11.4.2024
As the market prepares for Bitcoin’s halving, NEAR Protocol’s NEAR token has fallen 7% over the last week to change hands at around $7. The dip comes despite market-wide price appreciation for most leading cryptocurrencies. NEAR Protocol is a Proof of Stake (PoS) blockchain that...
PoS Coins: Who will emerge on top?
10.4.2024
The crypto landscape has shifted positively in the past few months. The shift has emphasized the performance of PoS (proof-of-stake) protocols given their popularity. Names like Solana, Cardano, and Ethereum have ruled the PoS coin category. The coins compete for market dominance, but which is...
Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun
21.3.2024
The Polygon Proof-of-Stake (PoS) sidechain has successfully executed the Napoli hard fork, making it the first network to support RIP-7212.
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Fansland incorporates the Polygon PoS blockchain
19.3.2024
Fansland announced it’s incorporating the Polygon PoS blockchain to bring about a game-changing fan involvement via blockchain technology. All connected users will be provided the option of being exposed to quick and cost-friendly financial and entertainment verticals. Incidentally, Polygon...
Migration of Native USDC on Polygon PoS is Now in Its First Phase
19.3.2024
As a consequence of the community’s feedback, native USDC went live on Polygon PoS in October 2023. It was hypothesized that adopting a conventional approach would result in increased user exposure and efficient capital utilization. USDC.e, an abbreviation for “Bridged USDC from...
Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
6.2.2024
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled during...