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” Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat? “ Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99. The rebound occurred a day after the token slumped over 17% to reach…
” ApeCoin integrates with Polygon amid NFT mint backlash and speculation “ ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for APE. One of the world’s largest Web3 ecosystems, @0xPolygon now supports ApeCoin making…
” Uncollateralized DeFi mortgage taken out on Austin condo via Teller “ A new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores. The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who…
” Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers “ Ethereum scaling solution Polygon has launched a new network for Web3 development, pledging $100 million to early users who can help fast-track adoption. The Polygon Supernet chain gives developers the ability to build their projects in a customizable environment without hosting or operational costs,…
” DEX aims to take on Uniswap with its concentrated liquidity bet “ Decentralized exchange (DEX) protocols have become a key part of the decentralized finance (DeFi) ecosystem where liquidity and liquidity providers play a pivotal role in keeping the vastly growing space moving. While DEX protocols have seen billions in daily trading volume, the…
” Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more “ The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits over the past week. MetaMask expanded its…
” ApeCoin eyes 250% rally amid ‘bull pennant’ breakout, Robinhood APE listing rumors “ ApeCoin’s (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern. APE price “bull pennant” breakout underway On April 13, APE’s price broke above the upper trendline…
” Polygon commits to going carbon neutral in 2022 “ The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a $20 million pledge to offset their carbon footprints, and buy extra credits to…
” Crypto Raiders explains how blockchain gaming attracts new users to Web3 “ At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity grew in popularity after amassing a $3…
” Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2 “ The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial systems. One project that…