Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high

[ad_1] Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sectors also led to a surge in the cost of carrying out simple transfers and this prompted developers and investors to migrate to L2-supportive platforms. One L2 solution that saw its token price rise to new highs earlier in the year and now looks poised…

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FTX Backs $2 Billion Unicorn Fintech Bitcoin App Chipper Cash

[ad_1] African cross-border payments app Chipper Cash has raised $150 million in a Series C extension round led by bitcoin exchange FTX, leading the money transmitting app to a $2 billion valuation, reported TechCrunch. Chipper, which is used in seven African countries, has ventured into the U.K. and U.S. markets in recent months, enabling a new remittances option. “Chipper Cash is offering remittances considerably cheaper than anyone else,” Serunjogi said, per the report. “More important to that is that we are now the first ones that I know honestly to…

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$300M incentive program backs 100% rally in Harmony (ONE) price

[ad_1] Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem. The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts a 2-second transaction finality and offers cross-chain bridges to a handful of layer-one protocols, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT) and the Binance Smart Chain (BSC). Data from Cointelegraph Markets Pro and TradingView…

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