NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.
Polygon
Polygon Claims Matter Labs Copied Its Code Without Attribution
In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.
Suku May Beat Musk to Crypto Twitter Payment Adoption
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs on Twitter.
Reddit Brings In Good Karma With Gen 4 Collectible NFT Avatars
The latest release of colorful interpretations of the platform’s “Snoo” character is titled “Retro Reimagined.”
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions.
MATIC Surges 10% as Polygon’s 2.0 Upgrade Draws Closer
Matic, the native token of layer-2 blockchain Polygon, has surged by 10% from Monday’s low of $0.67 as traders anticipate the upcoming Polygon 2.0 upgrade.
Polygon Labs Promotes Boiron to CEO; President Wyatt to Depart
The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”
Azuki Is Rebuilding After Its Elementals Mint Mishap
Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.
Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH
Court documents from last November give a rough picture of the lender’s altcoin holdings.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.