Polygon Financial News

05.10 / 08:49

Polygon Polygon Co-Founder Jaynti Kanani Steps Down After Six Years

Jaynti Kanani, the co-founder of Ethereum layer 2 solution Polygon, has revealed that he is taking a step back "from the day-to-day grind" in the project after dedicating six years to its development and growth.

05.10 / 06:43

Ethereum Polygon Immutable zkEVM Web3 Gaming Platform Immutable Gears Up for zkEVM Mainnet Launch Early Next Year

Web3 gaming platform Immutable has unveiled its highly-anticipated mainnet launch roadmap for Immutable zkEVM, marking a significant step towards becoming the go-to platform for gaming on the Ethereum network.

04.10 / 18:03

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 10/4: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned that this “should put everyone on recession warning.”

04.10 / 16:49

Blockchain defi Polygon Software Polygon co-founder steps down, will contribute 'from the sidelines'

Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years.

03.10 / 20:21

Polygon Telegram Best crypto to buy today EOS gala meme coins crypto casino Best Crypto to Buy Now October 3 – GALA, Polygon, EOS

The launch of nine new exchange-traded funds (ETFs) tied to Ethereum futures contracts received a lukewarm reception on their first day of trading, Oct. 2.

02.10 / 22:49

cryptocurrency Altcoins Polygon Bitcoin SV Best crypto to buy today Best Crypto to Buy Now October 2 – THORChain, BitcoinSV, Polygon

Fueled by renewed optimism, Bitcoin briefly rallied back above $28,000 on Monday for the first time since August.

30.09 / 03:25

Polygon Validator Google Cloud network Google Cloud Is A Validator on Polygon’s PoS Network

Google Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators.

29.09 / 17:53

Blockchain Ethereum defi Polygon Google Validator network Polygon Network Google Cloud is now a validator on the Polygon network

Polygon Labs announced on Sep. 29 that Google Cloud has joined the Polygon PoS network as a validator.

29.09 / 16:45

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 9/29: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) is attempting to trade above $27,000 which is a positive sign. In the past few days, Bitcoin’s price held up above $26,000 in adverse conditions when the United States dollar index (DXY) was rising sharply and the S&P 500 index (SPX) was plunging. This suggests that selling dries up at lower levels.

27.09 / 18:03

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY) rose to a new year-to-date high. This is a mildly positive sign as it shows a lack of aggressive selling at lower levels.

22.09 / 18:33

business Blockchain Ethereum Polygon Google TRON Bitcoin Google Cloud Google Cloud adds 11 blockchains to data warehouse 'BigQuery'

Google Cloud’s BigQuery service just added 11 blockchains networks to its data warehouse, according to a September 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon mainnet, Polygon Mumbai testnet, and Tron.

22.09 / 16:53

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

The Federal Reserve did not hike interest rates in its meeting on Sep. 20 but hinted that rates could remain higher for longer. At the post-meeting press conference, Fed Chair Jerome Powell cautioned that “the process of getting inflation sustainably down to 2% has a long way to go.”

20.09 / 16:53

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 9/20: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sep. 20. However, long-term investors are unfazed and they have continued to accumulate. Glassnode data shows that Bitcoin’s inactive supply has been at all-time highs since July.

19.09 / 01:47

Ethereum Adoption defi Polkadot Polygon Decentralization layer2 Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s

Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to Ethereum.

15.09 / 19:25

Stablecoin Adoption defi Polygon coinbase zk Coinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

15.09 / 17:44

Dogecoin Ethereum XRP Cardano Polygon TON Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet.

15.09 / 11:41

Adoption Digital Polygon Tokens Digital Asset ABN Amro issues €5M digital green bond through Polygon-powered Tokeny

Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer 2 Ethereum scaling technology to raise €5 million.

14.09 / 15:45

Ethereum Adoption Polygon Scalability layer2 zk-Rollup Polygon 2.0 — MATIC conversion to POL outlined in preliminary improvement proposals

Polygon Labs’ vision of an interconnected layer-2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0.

13.09 / 10:51

Ethereum defi Polygon Scalability layer2 zk-STARK zk-Rollup zk Polygon co-founder - $1B bet on ZK-rollups paying off

Polygon co-founder Sandeep Nailwal believes the layer 2 blockchain firm is reaping the benefits of allocating $1 billion to develop zero-knowledge proof (ZK-proof) powered scaling solutions for the Ethereum ecosystem.

08.09 / 19:31

Dogecoin Ethereum XRP Cardano Polygon TON Bitcoin Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

The bulls tried to shake Bitcoin from its slumber on Sept. 7, but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s (BTC) next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” until the start of the next bull run in November 2024.

08.09 / 14:23

business NFT Polygon Tokens Job NFT startup Rario loses founders after $120M funding last year: Report

Rario, a Polygon-based platform issuing cricket-related nonfungible tokens (NFTs), has reportedly seen its founders leave the firm after two years after launching.

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