Polygon News
Polygon, a prominent player in the blockchain ecosystem, is making waves with its scalable and efficient solutions for Ethereum. Designed to enhance the functionality of Ethereum’s network, Polygon offers a framework for building and connecting blockchain networks that are compatible with Ethereum. Polygon aims to provide a more user-friendly and accessible platform for decentralized applications (dapps) and decentralized finance (defi) projects.
$0.477913
24h Volume
$8,132,512
Market Cap
$917,890,767
24h Low/High
$0.473451 /
$0.521742
24h
0%
7d
-19.28%
Latest Polygon News
The international financial center in Abu Dhabi, Abu Dhabi Global Market is collaborating with Polygon Labs in establishing an international token disclosure process for the web3 ecosystem. According to the press release received by crypto.news, the ADGM aims to use…
Free-to-play web3 video game Chainers announced a closed playtest for its multiplayer shooter, offering rewards in NFTs and CFB tokens. Chainers.io, which claims to have over 25 million NFTs distributed and a community of more than 350,000 players, aims to…
POL
POL (ex-MATIC)
Bitcoin (BTC) dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season with over 75% of the top 100 altcoins outperforming Bitcoin consistently. Let’s deep-dive into top 10 beginner-friendly altcoins to buy in December 2024.
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35…
Singapore-based stablecoin infrastructure startup WSPN partners with Polygon Labs to scale WUSD stablecoin use in payments in decentralized finance. Worldwide Stablecoin Payment Network — also known as WSPN — has joined forces with Polygon Labs, the firm behind the Polygon…
Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently. Following Donald Trump’s victory in the U.S. presidential election, Bitcoin…
Wallet infrastructure provider Magic Labs in collaboration with Polygon Labs has unveiled the private testnet for Newton, a chain unification network integrated with the Polygon’s AggLayer. According to a press release shared with crypto.news, Newton aims to dismantle blockchain silos…
Polymarket CEO Shayne Coplan shot down New York Times allegations claiming the prediction platform is politically biased. Coplan described the Polygon-based betting service as a neutral alternative data source currently benefiting from election-related hype. His comments were in response to…
Fintech firm Xalts brings its real world asset tokenization platform, RWA Cloud, to the Polygon blockchain network for developers looking to build digital asset platforms. In an Oct. 8 press release, financial technology company Xalts describes their RWA tokenization platform,…
MATIC
Polygon
Assetera has chosen Ethereum scaling network Polygon to host Europe’s first regulated secondary market for real-world assets. The platform will offer a range of tokenized financial instruments and RWAs to retail, professional, and institutional clients. Assetera will reportedly offer tokenized…
MATIC
Polygon
INX and Backed have expanded their tokenized stock trading services, adding new listings on the Polygon blockchain for non-U.S. investors. This expansion includes new listings of Tesla (bTSLA), Microsoft (bMSFT), Google (bGOOGL), and GameStop (bGME) on the INX platform. According…
MATIC
Polygon
What are the potential risks and rewards of holding POL instead of MATIC, and how are experts forecasting the token’s future role in Polygon’s 2.0 roadmap? MATIC becomes POL On Sep. 4, Polygon (MATIC), the Ethereum (ETH) scaling network, officially…
Brazilian Nubank has abruptly halted trading of its Nucoin cryptocurrency, citing a need to protect users from potential market volatility. Digital fintech Nubank is closing its cryptocurrency, suspending immediately all trading within its app. In a Sept. 10 blog post,…
Spanish telecom giant Telefónica has joined Privado ID as a systems integrator to develop new digital identity solutions using decentralized technology. According to a press release shared with crypto.news, Telefónica Tech, Telefónica’s digital business unit will work with Privado ID…
The cryptocurrency market lost $190 billion last week amid a sharp correction, bringing the global crypto market cap to $2.07 trillion by the end of the week.
The Polygon Discord channel was reportedly compromised on Saturday, Aug. 24, but the blockchain platform’s brass regained access after roughly four hours. The initial hack prompted Polygon Polygon (MATIC) chief information security officer Mudit Gupta to issue a warning on…