Polygon Financial News

13.01 / 22:07
markets defi Polygon Ethereum 2.0 Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally
Polygon prices look poised to rise by at least 30% in the wake of a key Jan. 18 upgrade that would push a considerable portion of its native MATIC token out of circulation.
11.01 / 23:25
Blockchain Technology Adoption Polygon Zero-knowledge scaling tech Plonky goes live on Polygon
On Monday, Polygon (MATIC), a layer two Ethereum (ETH) scaling solution known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology claimed to be the fastest in the world. Zero-knowledge algorithms ensure everything is correctly computed on layer two and return the succinct proof to Ethereum without sending the entire data. Instead of every miner, or staker, verifying every posted transaction, zero-knowledge allows the verification of simplified rolled-up proofs, thereby significantly speeding up the overall network.
11.01 / 19:13
Ethereum NFT Polygon Non-fungible tokens Unstoppable Domains’ New Feature Allows Ethereum, Polygon Login With NFT Domains
Unstoppable Domains, a US-based company that's building blockchain domain names, launched ‘Login with Unstoppable,’ describing it as the first functional non-fungible token (NFT) single sign-on service for Ethereum (ETH) and Polygon (MATIC) – with more than 50 companies supporting it at launch.
11.01 / 06:15
NFT Polygon Media Mainstream Associated Press to launch Polygon-based photography NFT platform
The Associated Press (AP) is launching a nonfungible token (NFT) marketplace where collectors will be able to purchase tokenized photographs from the global news platform.
06.01 / 16:31
Blockchain Art Polygon Gaming network Polygon Network Polygon network activity spikes as NFT sales reach new height
The number of nonfungible tokens (NFT’s) sold on the layer-two protocol Polygon reached an all-time high last month at just short of 2 million. 
04.01 / 02:37
Blockchain Ethereum Polygon NEO Time 3 reasons why Phantasma (SOUL) is chasing after new all-time highs
Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend helped to further initiate the mass adoption of blockchain technology and from the look of things, its likely to extend throughout 2022. 
31.12 / 07:17
defi Cardano Polygon Huobi BUG Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.
30.12 / 04:31
Blockchain Ethereum Hackers Polygon BUG Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk.
29.12 / 21:45
Blockchain Ethereum defi Polygon Three blockchains, one circulating supply: DeFi project thinks big
A decentralized finance (DeFi) project claims it has become the first to upgrade protocols and launch on three blockchains at the same time.
29.12 / 13:12
Hack Polygon Hard Fork vulnerability Polygon Justifies Its Quiet Hard-Fork Citing 'Critical Vulnerability'
Earlier this month, the popular Ethereum (ETH) layer-2 solution Polygon (MATIC) carried out a hard-fork, though in silence and with no official explanation. Now, exactly 24 days later, it justified its actions in a postmortem, citing a critical vulnerability that could have drained the network of MATIC 9.3bn (USD 23.56bn at current rates).
29.12 / 06:20
markets Altcoin Polygon DAO DeFi sector tokens offer shelter as Bitcoin falls below $48.5K
The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses. 
24.12 / 23:07
Blockchain Technology Polygon Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200 million Web 3.0 social media initiative and up to integrating with Opera's web browser to make its decentralized apps accessible to 80 million Android mobile users, the network's momentum is going strong. 
22.12 / 17:09
Technology Adoption Polygon Opera Opera to integrate with Polygon, opening dApp ecosystem to 80M users
On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera's over 80 million users on the Android mobile, then to the rest on other devices and platforms. Polygon is a layer two Ethereum (ETH) scaling solution designed for lower gas fees and faster transaction times.
17.12 / 20:49
markets DEX Polygon avalanche 3 reasons why Solana (SOL) price could see additional upside in 2022
Solana (SOL) has become a top contender in the smart contract industry and in the past year the network's total value locked (TVL) grew by $660 million and stretches across more than 40 decentralized applications to hit an all-time high above $11 billion.
17.12 / 18:39
business Technology Polygon Reddit Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative
On Friday, Polygon and Alexis Ohanian’s venture capital firm, Seven Seven Six, announced a $200 million initiative backing projects operating at the intersection of social media and Web 3.0. The initiative will focus on gaming applications and social media platforms built on Polygon’s infrastructure. 
11.12 / 20:15
Trading Polygon VeChain wax 5 times quickfire crypto traders bought the news for double (or triple) digit profits
Why do crypto traders “buy the rumor, sell the news”?
09.12 / 08:39
Polygon Web3 Blockchain technology Polygon and Lumos Labs launch PolygonLEAP 2021 Accelerator
Polygon has partnered with technology management firm Lumos Labs to launch PolygonLEAP 2021 Accelerator. This partnership will support Indian startups that want to start their Web3 journey, build innovative token economies, and get access to mentorship, ecosystem and marketing support.
06.12 / 02:13
markets Ethereum Polygon Bitcoin week Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD
Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period.
02.12 / 21:07
defi DEX Trading Polygon DeFi lending platform’s integration with Polygon will facilitate efficient token swaps with deep liquidity
The revolutionary world of decentralized finance comes with its own set of harsh realities. One of them being, the unpredictable nature of yields on lending platforms that are often reliant on real-time market demand and supply dynamics.
02.12 / 01:01
markets Ethereum Polygon fees Time Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high
Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sector also led to a surge in the cost carrying out simple transfers and this prompted developers and investors to migrate to L2-supportive platforms.
30.11 / 18:35
Ethereum Hack MARKET Polygon Exploit MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
Around USD 31m seems to have been stolen from decentralized finance (DeFi) platform MonoX.

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