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Top US-based crypto exchange Coinbase is adding support for the Polygon’s (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it’s adding POL to its suite of products with an experimental label, meaning it could display high price volatility or relatively low trading volume. Last month, Coinbase announced that it added the token to its listing roadmap, which was created in 2022 for transparency and to stifle the front-running of digital assets. MATIC’s rebranding to POL was first proposed last July as a way to boost the network’s usage and growth. About a month later, Sandeep Nailwal, the founder of Polygon Labs, said that the transition was part of a shift toward greater interoperability. As stated by Nailwal at the time, “POL delivers the benefits of multi-chain staking without the added risks of restaking. With the Polygon 2.0 proposal, the Polygon Ecosystem will ex...

Amsterdam, Netherlands, March 26th, 2024, Chainwire The OPEN Ticketing Ecosystem launched this week, intending to disrupt the $85 billion ticketing industry using blockchain technology. A new RWA use-case is born Amidst the massive growth for real-world asset (RWA) use cases, onchain tickets might be the next big thing. Traditional ticketing is an $85 billion industry that’s ripe for disruption, with specific opportunities for blockchain-driven solutions. OPEN’s mission is to take all tickets onchain, delivering much-needed transparency for fans and fair earnings for creators. OPN token All ticket ing activity on OPEN’s tooling is driven by the OPN token, which will become tradable starting Friday March 29th. Ticket integrators source OPN from the open market in order to access tooling and issue ticket s. When staking goes live for OPN, all stakers will earn yield directly from all global onchain ticket activity. Plug & play infrastru...

Victoria, Seychelles, December 20th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Comsats (CSAS), a new standard token set to revolutionize the landscape of the Bitcoin ecosystem . Comsats, designed to support standard tokens on Bitcoin, marks an important stride forward in providing innovative ideas and decentralized solutions, while optimizing user experience and maintaining competitive fees in the digital asset space. Comsats (CSAS) will be listed in the Innovation Zone, Inscription Zone and BTC Ecosystem Zone. Spot Grid Trading will go live within 24 hours after the listing . Comsats has distinguished itself by its unwavering commitment to fostering the growth of the Bitcoin ecosystem through revolutionary ideas and decentralized solutions. The project has focused on perfecting the concepts of official Bitcoin token standards such as BRC-20 and ORC-20, among others. The recent introduc...

Victoria, Seychelles, December 14th, 2023, Chainwire Bitget Wallet (formerly BitKeep), a leading global Web3 trading wallet, has announced a collaboration with the Ethereum Layer 2 network, Linea, to jointly advance the development and growth of the Linea ecosystem. Bitget Wallet has integrated with the Linea mainnet, providing wallet connectivity and support for the Linea mainnet and ecosystem projects. Wallet users can now easily connect to the Linea mainnet via their mobile app and browser extension, manage their assets on the Linea ecosystem , engage in multi-chain swaps for Linea mainnet tokens and view real-time candlestick data, and interact with projects on the Linea ecosystem . “The partnership with Bitget Wallet is a great step for Linea, enhancing user interaction with our zkEVM Layer 2 solution. This collaboration simplifies asset management and ecosystem engagement for the network, aligning with our goal to make web3 more accessible and effici...

Crypto traders are actively investing in projects launching on zkSync as the hype around its potential governance token airdrop increases. The total amount of funds bridged to zkSync reached $115 million within 10 days of the public mainnet launch as users rush to farm the airdrop of the Ethereum rollup’s expected native token, per L2BEAT data. The zkSync era mainnet was launched one day after the March 24 Arbitrum airdrop. The median airdrop for eligible wallets was 1,250 ARB, earning its owners around $1,500 in free money. As users rushed to farm the next airdrop, zkSync has emerged as one of the most popular airdrop plays for the market. The new Zero-knowledge proof (ZK) based Layer-2 is also giving an opportunity for developers to establish an economic moat within the fresh ecosystem by gaining a first-mover advantage. Moreover, these projects also become eligible for an expected airdrop of the platform’s native token, similar to Arbitrum. DeFi Liquidity on zkSync skyrockets The t...