Polygon Launches $100M Supernets Blockchain System

Polygon Launches $100M Supernets Blockchain System

Polygon a blockchain network that offers Ethereum scalability has announced a $100 million funding for Supernets, a new blockchain system designed exclusively for Web3 applications. The network aspires to create an ecosystem of projects centered on innovation on the Polygon network and Web3 in general. Polygon has put aside $100 million for Supernets, a new blockchain technology. Developers […]

Polygon announces plan to go carbon neutral

Polygon announces plan to go carbon neutral

The Polygon network released its “Green Manifesto: A Smart Contract with Planet Earth” on Tuesday, announcing its intention to become carbon neutral and climate positive this year. Polygon network also pledged $20 million to offset their carbon footprints and purchase additional credits in order to become carbon negative in the future. Providing resources for ecosystem […]

Indian State Government Uses Polygon to Issue Caste Certificate

Indian State Government Uses Polygon to Issue Caste Certificate

As part of the Digital India effort, the Government of Maharashtra, one of India’s state administrations, has begun distributing caste certificates to citizens in Etapalli hamlet, Gadchiroli district, using the Polygon blockchain. The Maharashtra state government is distributing 65,000 caste certificates in collaboration with LegitDoc, a blockchain-based platform, to help in the delivery of government […]

ETC Group launches 3 new crypto exchange-traded products (ETP)

ETC Group launches 3 new crypto exchange-traded products (ETP)

According to an ETF Stream report, crypto-investment firm ETC Group has introduced three new cryptocurrency exchange-traded products that track the value of Avalanche (AVAX), Polygon (MATIC), and Cosmos (ATOM). ETC Group has added ETPs that track Avalanche, Polygon and Cosmos to its list of products, the new investment vehicles are now available on the SIX […]

Stellar (XLM) Launches AMM Functionality

Stellar (XLM) Launches AMM Functionality

Stellar (XLM), a veteran digital assets platform, has implemented a critical update that marks the beginning of a new chapter in the platform’s evolution in the liquidity ecosystem. Stellar Development Foundation (SDF), a non-profit organization dedicated to the advancement of Stellar-based blockchain solutions, has released an official statement announcing that the blockchain has been upgraded […]