Tag - polygon
18Apr

EY launches Ethereum-based blockchain solution to streamline business contracts

Accounting firm EY has launched an Ethereum-based blockchain solution to help businesses execute complex agreements efficiently while cutting costs and bolstering security. On April 17, EY announced the launch of the EY OpsChain Contract Manager (OCM), a blockchain-enabled solution designed to overcome barriers like managing multiple business agreements across internal and external operational and technology silos. The blockchain solution...

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02Apr

Polygon CEO debates L3 network utility, Degen Chain makes millions

Polygon CEO Marc Boiron ignited a debate against the development of layer-3 networks while millions are made from the Degen Chain. Since its introduction on March 28, the Degen Chain network has quickly become a focal point for speculation, drawing enthusiasts and skeptics alike. Syndicate developed it using Arbitrum Orbit technology, and It serves as a low-cost network...

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29Mar

Polygon zkEVM beta hits snag, MATIC price remains intact

Polygon disclosed that its zero-knowledge Ethereum Virtual Machine (zkEVM) beta faces downtime due to a sequencer issue. In a recent update on X, Polygon (MATIC) attributed the issue to a problem with the blockchain sequencer. Despite the setback, Polygon stated that other facets of its ecosystem, such as its proof-of-stake (PoS) network and chains developed with the Polygon software development kit,...

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25Mar

Electric Capital to address cross-chain cnalytical data challenges with new NFT venture

Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles. Named NFT Pulse, the...

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