#Polygon

Coinbase Offers Lifeline for Lost Crypto on Polygon and BNB Chain

Crypto exchange Coinbase is extending a helping hand to users who accidentally send their digital assets to the platform’s unsupported blockchains like Polygon and BNB Chain.  Previously, these mistaken transfers meant a permanent loss of the user’s assets. However, with this recent announcement, Coinbase is now offering a recovery solution for these previously unrecoverable situations. […]

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Unifying the Ethereum Ecosystem with Polymer Interoperability Hub

Revolutionizing Ethereum Ecosystem Polymer Interoperability is set to transform the Ethereum ecosystem by providing a neutral standard for cross-chain applications. This innovative approach will enable seamless interaction between different blockchains, unlocking new possibilities for decentralized applications and enhancing the overall functionality of the Ethereum Layer 2 infrastructure. Blockchain Interoperability Importance Blockchain interoperability plays a crucial

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Polygon’s NFT Market Flourishes with Record Sales in December 2023, Signaling Strong Year-End Momentum

In December 2023, the Polygon network experienced a surge in NFT sales, hitting its peak in 10 months. This resurgence marked a strong finish for the year, contrasting with the relatively subdued performance observed for most of 2023. This boost in Polygon’s NFT ecosystem was particularly noteworthy in the context of the overall market trends

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Lisk Blockchain Embarks on a New Journey as an Ethereum Layer 2 via Optimism and Gelato

Lisk, the blockchain platform established in 2016, has announced an ambitious pivot in its operational strategy by transitioning from a standalone Layer 1 blockchain to becoming a Layer 2 solution within the Ethereum ecosystem. In a strategic collaboration with Optimism and Gelato The migration of Lisk to an Ethereum Layer 2 will harness the OP

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Cryptoverse: ‘Layer Two’ Tokens Enjoy New Life as Bitcoin Soars

“Layer 2” cryptocurrencies, which are native to projects built on top of “layer 1” blockchains like Bitcoin and Ethereum, have recently found a new lease of life. This resurgence comes after a year of stagnation, driven by the anticipation of easing U.S. borrowing costs and the prospect of a U.S. spot bitcoin exchange-traded fund, lifting

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Magic Eden Launches Cross-Chain NFT and Crypto Wallet for Bitcoin, Ethereum, Solana, and Polygon

Magic Eden has announced the closed beta launch of its cross-chain crypto wallet browser extension. As revealed to Decrypt by CEO and co-founder Jack Lu, this move aims to consolidate the experience of NFT collectors who have had to juggle multiple wallets across different blockchains. Key Features and Future Plans Enhanced User Experience Collaboration and

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EU’s MiCA Framework and the Road to Mass Crypto Adoption: Balancing Regulation and Innovation

The European Union’s implementation of the Markets in Crypto Assets (MiCA) framework in 2024 marks a significant step in regulating the cryptocurrency market. While this initiative aims to integrate crypto more closely with traditional finance by ensuring transparency and uniformity across the EU, there are challenges that continue to hinder broader adoption of digital assets.

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Explosive Growth in Crypto Asset Management: SOL Products Lead the Charge

The crypto asset management industry has witnessed an in October 2023, with total assets under management (AUM) soaring to $31.7 billion—a substantial 6.74% increase and the first positive shift since July. This insight, provided by benchmark administrator CCData, . As the world watches, Bitcoin-based products have fortified their presence, capturing a whopping 73.3% market share,

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