Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. In an announcement on Wednesday, October 25, Polygon Labs announced the launch of its new Polygon Token, POL, on the Ethereum blockchain network. The POL token’s purpose is to succeed the MATIC token as the next-generation, highly efficient ecosystem for Polygon. This ecosystem encompasses the primary Polygon blockchain, the Polygon zkEVM...
Read More »Deribit Introduces Linear Options for SOL, XRP, and MATIC
Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...
Read More »MoneyGram Announces Non-Custodial Wallet to Facilitate Cross-Border Transactions
The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to exchange funds between fiat currency and the USDC stablecoin. The MoneyGram wallet confirms the payment company’s interest in crypto. According to...
Read More »Crypto YouTuber Losses $60K after Exposing Seed Phrases on Live Stream
August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed the private keys to his crypto wallets. During the live stream, Bianco, who hails from Sao Paulo, Brazil, made...
Read More »Airline Group Lufthansa Launches Polygon-Based NFT Loyalty Program
The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program. Lufthansa Group, the parent company of airlines such as Lufthansa, Austrian Airlines, Swiss International Air Lines, Eurowings, Brussel Airlines and others, has announced the launch of a new NFT-based loyalty program. Eligible customers in the program will receive blockchain-based digital trading cards that they...
Read More »SingularityNET Partners with Blockchain Firm VeChain to Fight Climate Change
CoinspeakerSingularityNET Partners with Blockchain Firm VeChain to Fight Climate Change SingularityNET’s partnership with VeChain is one of many cases where blockchain is being integrated with AI. SingularityNET Partners with Blockchain Firm VeChain to Fight Climate Change
Read More »Kresus Unveils Web3 Marketplace for Exploring Polygon DApps
CoinspeakerKresus Unveils Web3 Marketplace for Exploring Polygon DApps Following the launch of the Kresus Marketplace on August 17, Kresus unveiled plans to introduce a suite of additional tools that will redefine how users engage with the Polygon ecosystem. Kresus Unveils Web3 Marketplace for Exploring Polygon DApps
Read More »Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
Read More »Canada to Create Solutions for Storing Seized Crypto Assets
CoinspeakerCanada to Create Solutions for Storing Seized Crypto Assets While the primary focus is on cryptocurrencies, the RCMP acknowledges the importance of including NFTs in its approach. Canada to Create Solutions for Storing Seized Crypto Assets
Read More »Backed Integrate Tokenized RWAs to Multiple Blockchains
CoinspeakerBacked Integrate Tokenized RWAs to Multiple Blockchains Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC). Backed Integrate Tokenized RWAs to Multiple Blockchains
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