Polygon (MATIC) Faces a Severe Profitability Crisis
TL;DR Only 5.63% of Polygon (MATIC) addresses are in profit or at breakeven, according to IntoTheBlock. MATIC has fallen 3.9% in the last 24 hours,...
Tag : polygon
DAI Reaches a Historic Record of $240 Billion in On-Chain Transaction Volume
TL;DR DAI reached a historic record of $240 billion in on-chain transaction volume last week, surpassing the combined volume of other stablecoins. The surge occurred...
Metable: The Educational Revolution in the Metaverse
TL;DR Metable launches its beta version, allowing users to learn and earn in its virtual environment. Developed on Polygon, the platform offers virtual schools and...
Celsius Lowers MATIC Price Due to Million-Dollar Transfers to Exchanges
Crypto lending platform Celsius sparked uncertainty in the Polygon (MATIC) market by making substantial transfers to exchanges during its bankruptcy process. After a series of...
Polygon (MATIC) Prepares a Hardfork: Binance Confirms Support for the Upgrade
Binance, one of the world’s leading cryptocurrency exchanges, has announced its strong support for Polygon (MATIC) upcoming network upgrade and hard fork....
OpenSea Pro Boosts Web3 Interoperability with Polygon Network Integration
OpenSea Pro, one of the leading NFT marketplaces, has taken a significant step towards improving interoperability in the Web3 space by integrating with the Polygon...
Polygon Cofounder Proposes ApeChain, a Custom Layer 2 for ApeCoin
Sandeep Nailwal, the cofounder of Polygon, a leading Ethereum scaling solution, has put forward a proposal to build a custom Layer 2 network for ApeCoin,...
Circle Launches Native USDC on Polygon
In a significant development, Circle, the issuer of the US dollar stablecoin (USDC), has announced the launch of native USDC tokens on Ethereum’s layer 2...
MATIC to POL: Unpacking Polygon’s Token Migration Proposal
Polygon, a scaling technology firm, has announced the release of three Polygon Improvement Proposals (PIPs) that will kick off the implementation of Polygon 2.0, a...
Polygon Announces Plan to Rebrand MATIC Tokens as POL
Polygon, a popular Ethereum layer 2 scaling solution, has proposed a major upgrade for its native token, MATIC. The upgrade, which is subject to approval...