Polymarket shows stronger retention than most DeFi, wallets and exchanges
Polymarket retention outperformed over 85% of sampled crypto projects, driven by product design and targeted incentives. A cohort analysis of 275 crypto platforms found the...
polygon
Polygon Shuts Down zkEVM and Jordi Baylina Launches ZisK, a New Zero-Knowledge Technology Startup
TL;DR Polygon decided to discontinue its zkEVM chain and shift resources to PoS and AggLayer, its multichain interoperability solution. Jordi Baylina separated the zkEVM team...
Polygon Redefines Its Strategy and Appoints Sandeep Nailwal as CEO of Its Foundation
TL;DR Sandeep Nailwal takes over as CEO of the Polygon Foundation to restore operational agility and tackle the growing fragmentation among Layer-2 solutions. Polygon will...
Polygon Surpasses $2 Billion in NFT Sales and Leads the Market Recovery
TL;DR Polygon reached $2 billion in total NFT sales, driven by steady growth from Courtyard and tokenized real-world assets. Between November and May, monthly sales...
Miden Raises $25M to Build the Edge Blockchain After Spinning Out from Polygon Labs
TL;DR Seed Funding Success: Miden, a pioneering blockchain project spun out from Polygon Labs, has raised $25 million from top-tier investors including a16z Crypto, 1kx,...
Polygon’s Explosive $22M Week Leaves Ethereum Behind
TL;DR Polygon outpaces Ethereum: Polygon’s NFT sales hit around $22M, overtaking Ethereum’s nearly $19M, signaling a notable market shift. Courtyard fuels momentum: The RWA project...
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,...
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...