Blockchain
Magic Eden Launches a New Wave of Features to Broaden NFT Trading on Polygon
Magic Eden, the leading cross-chain NFT platform, today announced a series of significant updates that make trading and building on Polygon PoS through the marketplace more seamless. Among the first features to go live today is an aggregation tool, which consolidates listings across multiple Polygon PoS marketplaces directly on Magic Eden, and allows traders to view and purchase Polygon NFTs with up-to-date floor prices and stats.
In addition to the aggregator, Magic Eden is introducing two heavily requested features from Polygon ecosystem creators and developers simultaneously. The team has implemented royalty enforcement on its Polygon PoS marketplace via a payment processor as a way to protect creator fees. At the same time, Magic Eden’s Polygon API will be made publicly available for the first time, giving projects open access to integrate with their marketplace features.
Both the collections and profile pages are also getting an improved user interface that looks cleaner and runs faster, displaying streamlined stats while offering more insights and better management via advanced filters, real-time activity window, better trait or item sorting, and more. In the coming weeks, Magic Eden plans to roll out collection offers and multi-bidding, which will enable collectors to place and track multiple bids on specific NFTs or across an entire collection on Polygon PoS.
Jack Lu, CEO and Co-Founder of Magic Eden, commented: “It’s always fun to keep the momentum going, and we’re excited for what’s next. We feel like we’re just scratching the surface for what’s possible on Polygon. We hope that by launching and opening up some of these new features, more collectors, creators, and game developers will join us and we can keep growing the Polygon ecosystem together.”
Jordi Baylina, Co-Founder of Polygon Labs, said: “There is a bright and thriving community on Polygon and we are thrilled to see Magic Eden grow their presence on the chain and continue to push for innovation, improvements, and openness. These are meaningful updates and we look forward to welcoming new traders and creators to the Polygon community.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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