Matic Network, known for providing Layer 2 scaling solutions, is rebranding as Polygon and launching on the Ethereum blockchain. The new Matic will help to solve Ethereum’s lingering scaling issues and the high transaction fees that have made Ethereum almost unusable. Like Polkadot, Polygon will possess multi-chain functionalities that are […]

The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the new branding signals a strategic change to become a layer-two aggregator. Polygon is set […]

Cryptocurrency spot and derivatives trading volumes have surged last month as the price of bitcoin moved to a high near $42,000 and subsequently crashed to less than $30,000 before recovering. According to CryptoCompare’s January 2021 Exchange Review, spot trading volumes increased 97% in January to $2.34 trillion, while derivatives volumes […]

Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking to Twitter yesterday, Lummis invited the Tesla and SpaceX CEO to consider relocating to “one of the most business friendly states” with “the best laws for […]

Apifiny, a blockchain-based payments platform, revealed on Tuesday its intentions to go public, which will help the company to accelerate its growth. This came after the firm inked scores of deals with several crypto exchanges. “We’re considering going public to help accelerate our growth even further. We’re executing the plan […]

Trade Ledger, a technology provider to the financial services industry, announced today that it has raised £13.5 million in Series A funding as the company aims to triple its customer base in 2021. According to the official announcement, the latest funding round was led by Point72 Ventures. Foundation Capital, Court […]

An ongoing bull run in the Binance market saw its native token BNB achieving another record high level on Tuesday. The BNB/USD exchange rate rose by up to 23.77 percent to touch $99 for the first time in history as euphoria about growing cryptocurrency adoption among corporates and institutional investors […]

At present we can see that Strong institutional demand has fueled Bitcoin and many altcoins to hit new all-time highs. Today BitTorrent price steadily surged, becomes the highest gainer among the top 100 crypto markets. Many altcoins rallied over 20%, including BTT, LUNA, XVS, DGB, EGLD, RUNE, AVAX, and TRX. […]

 A few years ago, most people you asked didn’t even know what cryptocurrency was. Today the original cryptocurrency, Bitcoin, is now becoming one of the most popular investment assets in America. In recent times, Bitcoin has overtaken gold as the most common safe haven asset and store of value among […]

Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation. The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will also offer mentorship to hackathon participants […]