Tag: Sidechains

  • Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain

    Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain

    Facebook may be grabbing headlines with its talk about the metaverse as the basis for the company’s future, but blockchain game Axie Infinity already has a metaverse up and running and it’s grabbing something longer-lasting: revenue. Protocol revenue on Axie Infinity yielded $305 million over the last 30 days, compared with $91.4 million for Ethereum, […]

  • Binance Now Supports Direct Polygon Withdrawals and Deposits

    Binance Now Supports Direct Polygon Withdrawals and Deposits

    DeFi is getting easier for CeFi users.  Crypto’s largest centralized exchange, Binance, now allows users to withdraw and deposit Polygon’s MATIC token directly from and onto the protocol’s proof-of-stake mainnet. Previously users needed to go through a multi-step process, either utilizing one of Binance’s two blockchains or swapping for Ethereum-based versions of MATIC when withdrawing […]