Polygon’s Token Rises 8% Ahead of Major Heimdall v2 Upgrade
The cryptocurrency POL of the Polygon project has surged by over 8% as preparations are underway for the Heimdall v2 upgrade, scheduled for July 10.Polygon is a network of sidechains and Layer 2 solutions aimed at enhancing Ethereum blockchain scalability. Its native cryptocurrency is MATIC.
Polygon’s Token Rises 8% Ahead of Major Heimdall v2 Upgrade
The cryptocurrency POL of the Polygon project has surged by over 8% as preparations are underway for the Heimdall v2 upgrade, scheduled for July 10.
Polygon zkEVM Team Launches Independent Startup ZisK
Co-founder of Polygon, Jordi Baylina, along with a team of seven developers behind Polygon zkEVM, has transitioned to an independent project named ZisK. Me, together with a core team of 7 developers, just spun off from Polygon to continue the ZisK project as an independent initiative.I’ll remain co-founder and advisor at Polygon, but my main […]
Polygon Co-Founder Takes Sole Leadership of the Project
Polygon co-founder Sandeep Nailwal has assumed full control of the Polygon Foundation (PF) as its first CEO, introducing changes to the project’s strategic priorities. BIG update — As the largest holder of POL and someone who dedicated his life to development and success of @0xPolygon from the very beginning, I have decided to take full […]
Bitget to Compensate Losses Following VOXEL Token Manipulation
The cryptocurrency exchange Bitget announced the cancellation of trades and compensation for users following unusual activity in the VOXEL market. This concerns futures linked to the token of the game Voxie Tactics, built on Polygon. On April 20, a sharp increase in VOXEL volumes triggered Bitget’s risk management system. According to the exchange’s statement, some […]
Polygon Faces Backlash Over $1.3 Billion Reserve Investment Proposal
The Polygon community has rejected a preliminary proposal to utilise over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. RE: Stake the Bridge proposal and Aave’s “Operation Polygon(e)” Recently, a pre-PIP went live from @AllezLabs and @Yearnfi regarding the staking of Polygon PoS bridge funds. A pre-PIP is exactly what […]
Lido to Cease Support for Polygon
The team behind the liquid staking protocol Lido Finance has halted operations on the PoS blockchain Polygon. The Lido on Polygon sunset process has begun.https://t.co/icgidJsbqF See below for an overview of upcoming timelines and requirements ?? — Lido (@LidoFinance) December 16, 2024 Withdrawals are available until June 16, 2025, after which they will be accessible […]
Polygon Community to Consider $1.3 Billion Allocation on Ethereum Bridge
The Polygon community will evaluate a proposal to leverage over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. These funds are currently locked on the PoS Chain and Ethereum bridge. The initiative has been put forward by Web3 risk providers Allez Labs and the teams from Morpho and Yearn. The […]
BlackRock Expands BUIDL Integration to Multiple Blockchains
BlackRock has integrated its tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with Aptos, Arbitrum, Avalanche, Optimism, and Polygon, as reported by The Block. Initially launched with Securitize, the structure was originally available on Ethereum. The initiative aims to enhance the potential of the BUIDL ecosystem. “Each blockchain opens its applications […]
Polygon Initiates MATIC to POL Conversion
On September 4, developers of the Polygon Layer 2 network launched an update to convert the blockchain’s utility token MATIC to POL at a 1:1 ratio. we interrupt your doomscroll with another reminder MATIC will be upgraded to POL tomorrow ? the tl;dr for the hyperproductive token: https://t.co/brdQT9WeFa pic.twitter.com/D63qiqdZPX — Polygon | Aggregated (@0xPolygon) September […]
Discord Channels of Avalanche and ZKsync Compromised to Promote Scams
The Discord servers of the Avalanche blockchain and the ZKsync layer-two network have fallen victim to malicious attacks. SECURITY ALERT: The official Avalanche Discord has been compromised. Please do not interact with any accounts or click any links until further notice. — Avalanche ? (@avax) August 25, 2024 On August 25, the Avalanche team reported […]
SEC to Withdraw Demand for Solana and Other Assets to Be Recognized as Securities
The U.S. Securities and Exchange Commission (SEC) intends to seek amendments to its initial lawsuit against Binance. The proposal could potentially affect the need for a court decision on whether assets like Solana are considered securities. “The amendments will eliminate the need to render a verdict on the sufficiency of the allegations regarding these tokens […]
Polygon Team Sets Date for MATIC to POL Conversion
Polygon developers have set September 4 as the date for converting the utility token MATIC into the Polygon Ecosystem Token (POL) at a 1:1 ratio. SAVE THE DATE: MATIC → POL After community consensus, the long-awaited upgrade is set for September 4th • Initial phase: POL replaces MATIC as the native gas and staking token […]We use cookies to improve the quality of our service.
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