Polygon News

Polygon’s Layer 2 Solution Gains Mainstream Adoption in DeFi and NFT Markets

Polygon has evolved from Matic Network to become a comprehensive Layer 2 scaling solution for Ethereum, processing thousands of transactions per second. The...

ABN AMRO Tests Securities Trading on DLT Platform 21X Using Polygon Network

Dutch banking giant ABN AMRO conducts successful tokenized securities trade on 21X platform using Polygon test network. 21X becomes first EU-authorized venue combining trading and...

Jio Platforms Teams Up with Polygon Labs to Launch Web3 Services in India

Indian tech giant Jio Platforms partners with Polygon Labs to launch Web3 services for 450 million users. Reliance Industries subsidiary aims to integrate blockchain technology...

Aave May Exit Polygon Over Controversial Bridge Yield Farming Proposal

Aave governance delegate Marc Zeller raises concerns over Polygon's proposal to use bridge funds for yield generation. The proposed program aims to generate 7% yield...

Polygon Completes Token Migration from MATIC to POL in Polygon 2.0 Upgrade

Polygon's native token has shifted from MATIC to POL as part of Polygon 2.0.Automatic 1:1 token conversion ensures a seamless transition for holders.POL introduces...

Reddit Explores Blockchain with MATIC; MATIC Price Analysis Indicates Potential Surge

KEY TAKEAWAYSReddit is taking a deep-dive into blockchain experiments with MATIC, testing payments and investments in Bitcoin and Ethereum.MATIC's price is showing resilience, holding...

Friendzone Set to Launch on Polygon Blockchain

Key Takeaways:Friendzone is launching on the Polygon blockchain on February 26.The platform plans to upgrade to Polygon zkEVM in the future.It aims to combine...

Polygon Labs Set to Introduce AggLayer Protocol

KEY TAKEAWAYSPolygon Labs is gearing up to launch AggLayer, a protocol designed to simplify multi-blockchain networks.AggLayer will allow users to interact with various blockchains...

Latest news

Bybit Exchange Hit by Record $1.4 Billion Crypto Hack

Cryptocurrency exchange Bybit experienced a $1.4 billion security breach, marking the largest crypto hack in history. The Dubai-based platform lost...

SEC to Drop Lawsuit Against Crypto Exchange Coinbase in Major Policy Shift

SEC signals intention to withdraw its lawsuit against Coinbase, marking a significant shift in crypto regulation. The original lawsuit challenged...

SEC Closes Investigation into NFT Marketplace OpenSea, No Enforcement Action Planned

SEC concludes its investigation into OpenSea without recommending enforcement action, marking a significant shift in regulatory approach. OpenSea CEO Devin...

Must read