Polygon

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Presidential Election Betting Surges as Odds Tighten on Polymarket

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The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by … Read more

Google Introduces Cryptocurrency Wallet Balance Check via Search Engine

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Google has enhanced its search engine to allow users to check their cryptocurrency wallet balances directly by entering the wallet’s address, supporting various blockchain networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This feature not only shows the native token balance of a wallet for each supported network but also indicates the last time … Read more

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

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Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. … Read more

NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

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As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in … Read more

Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

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Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains in terms of volume — Ethereum and … Read more

Polygon’s MATIC Enters New Growth Phase As Token Distribution Concludes

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The conclusion of the token distribution phase for Polygon’s cryptocurrency, MATIC, marks a significant milestone and potentially signals the beginning of a new phase of growth for the asset. Today, approximately 273 million MATIC tokens, valued at around US$253 million, were transferred from the Matic vesting contract to the Matic Foundation address, effectively completing Matic’s … Read more

NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises

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In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million, relegating Bitcoin to third place with $40.9 million in sales. … Read more

Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3

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Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica … Read more

Polygon’s (MATIC) Value Faces Decline Amidst Market Uncertainty

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The value of Polygon (MATIC) has experienced a downturn after reaching its peak at $0.88 last week. The overall decline of 9% has raised concerns among investors, leading to a prevailing pessimistic sentiment surrounding the future trajectory of the Polygon cryptocurrency. The current bearish trend zone suggests that an immediate upswing is unlikely. The price, … Read more