
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.
$0.19
24h Volume
$1,544,834
Market Cap
$324,564,756
24h Low/High
$0.18 /
$0.19
24h
-1.94%
7d
9.52%
Latest Polygon News

News
Sentient, backed by Peter Thiel’s Founders Fund, has announced Open Deep Search, an open-source AI framework that outperforms Perplexity in reasoning and search capabilities. The launch aims to democratize access to advanced artificial intelligence and fuel web3 innovation through Sentient…

Markets
Polygon price has crawled back in the past few days as the number of active addresses on the chain rises. Polygon (POL) rose to an intraday high of $0.2460, its highest level since March 9 and 24% above its all-time…

News
Polygon co-founder, Sandeep Nailwail’s donation fund, Blockchain For Impact, has surpassed $90 million in funding for healthcare innovation. BFI also pledged another $200 million for future initiatives. According to a press release sent to crypto.news, Blockchain For Impact has allocated…

News
Lumia and Turkish developers SEN Group have built the world’s first crypto real-estate project, Lumia Towers. Polygon’s blockchain is being used to tokenize the towers. Following the announcement, crypto.news had the opportunity to conduct a Q&A with Head of Enterprise…


News
Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users’ devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.82 million in crypto by secretly accessing…

Feature
The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems.…


News
Polygon Labs has partnered with India’s largest telecom operator, Reliance Jio, to integrate blockchain into the company’s existing infrastructure. Jio, which is a subsidiary of Reliance Industries, services roughly 450 million Indians and plans to leverage Polygon’s technology stack to…

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…

Project Review
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…


Markets
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.

News
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…

News
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…

News
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…

News
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…

News
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…

News
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,…


News
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...


News
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...


Feature
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...

News
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,...

News
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...

Markets
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.

News
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...

Markets
Polygon is on track for a major rally, with potential gains of 145% by year-end. Despite short-term challenges, key support levels and bullish indicators suggest that this could be a strong investment opportunity. Support and resistance levels Polygon (MATIC) is...


News
Polygon-based Polymarket has seen a substantial portion of its 2024 trading volume—88%—stemming from bets related to U.S. election outcomes, according to Dune Analytics data. Elections in America have dominated activity on blockchain prediction platforms like Polymarket, which has recorded over...

Markets
Bitcoin and most altcoins traded sideways on Aug. 19 as traders await the release of this week’s Federal Reserve minutes and the upcoming Jackson Hole symposium. Monero, Polkadot, and Polygon rose Monero (XMR), the largest privacy coin, was among the...

News
Flexa has launched Flexa Components, a new suite of mobile tools designed to streamline digital payments within wallet applications. The toolkit is designed to address the long-standing fragmentation in the digital payments industry, where disparate systems and high transaction fees...

News
With 91.5% approval, the Arbitrum DAO has signaled its support for implementing ARB token staking to enhance governance and security. The Arbitrum DAO has supported the implementation of (ARB) token staking, a move aimed at enhancing governance and bolstering the...

News
Non-custodial wallet Bitget has surpassed Metamask to become the most downloaded web3 wallet in July. According to a press release shared with crypto.news, Bitget Wallet surpassed 30 million users globally in July, marking a 150% surge in users compared to...

News
Democratic candidate Kamala Harris pulled ahead of Republican runner Donald Trump on Polymarket, a Polygon-powered decentralized prediction market. Less than a month ago, Trump led the pack of U.S. presidential aspirants and was the presumptive electoral winner. Surviving an assassination...

News
Polymarket users are increasingly confident of Democratic candidate Kamala Harris becoming president following a key announcement. Polymarket bettors heaped more wagers on Kamala Harris beating former president Donald Trump on the ballot after she picked Minnesota governor Tim Walz as...

News
The blockchain-based prediction market Polymarket saw impressive growth last month, especially since the start of the debate around the U.S. elections. According to data provided by Dune Analytics, the total number of bets on Polymarket surpassed the 1.5 million mark...
