Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer
The integration of Fabric Cryptography’s Verifiable Processing Units promises faster, more secure transactions on Polygon’s AggLayer. Go to Source
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Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined
The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade. Go to Source
Polygon Completes MATIC to POL Upgrade
Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for the Polygon proof-of-stake network. Users holding MATIC on Ethereum can seamlessly migrate to POL through the Polygon … Read more
Polygon’s MATIC upgraded to POL, driving ‘hyperproductive’ token utility
According to the CEO of Polygon Labs, POL has evolved into a “hyperproductive” token, enabling the community to engage more effectively in the network’s growth. Go to Source
Polygon Foundation Unveils $POL: Revolutionizing Token Utility And Scalability
In a significant development, the Polygon Foundation has announced the upcoming migration from $MATIC to $POL, a hyperproductive token designed to enhance utility, scalability, and productivity across the Polygon network. This transition, set for September 4, promises to redefine the role of native blockchain tokens. POL goes beyond the traditional and introduces the concept of … Read more
Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. Go to Source
US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s … Read more
Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find. Go to Source
Polygon’s Whale Activity Surges 16,263% Ahead Of Major MATIC-to-POL Upgrade On September 4
Polygon’s (MATIC) whale activity has skyrocketed by an astonishing 16,263% as the network gears up for a significant upgrade on September 4th. This upgrade will see MATIC transition to POL, which will serve as the new native token for gas fees and staking on the Polygon Proof-of-Stake (PoS) network. 🚀🐳 Crypto Alert! #Polygon’s (MATIC) whale … Read more
Polygon Q2 2024 Financial Report: Robust Growth Despite Some Declines
Polygon’s Q2 2024 financial report reveals a mixed bag of outcomes. While some metrics from the income statement have shown a decline compared to the previous quarter, the overall performance of the network and ecosystem demonstrates strong growth and resilience. Increasing Polygon MATIC Holders One of the standout figures is the continuous rise in the … Read more
