Polygon Financial News

11.06 / 11:17

Cardano solana Polygon U.S. Robinhood Markets removes three crypto tokens

Robinhood Markets said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges.

10.06 / 12:25

markets Cardano Altcoin SEC Polygon Bitcoin Bitcoin Price Bitcoin price avoids 3-month lows as crypto dive liquidates $390M

Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure.

09.06 / 19:45

Polygon Presale MATIC Green Crypto Ecoterra Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra Just Raised $4.9 Million – What Does it Do?

It’s been a disastrous week for Polygon.

09.06 / 18:13

markets XRP Cardano litecoin Polygon Bitcoin Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin (BTC) remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuit by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, it is a sign that traders are looking to buy the dips rather than panic and dump their holdings.

09.06 / 15:39

Robinhood Cardano SEC Polygon SOL Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities

Brokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week.

09.06 / 14:23

Binance Cardano Polygon coinbase Maná eToro lawsuits eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits

As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in.

09.06 / 03:11

business Ethereum Adoption Polygon Funding Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research

Ethereum co-founder Vitalik Buterin is working with India-based crypto fund Crypto Relief and Polygon co founder Sandeep Nailwal to send $100 million towards COVID-19 research and medical infrastructure development in India.

08.06 / 15:49

Blockchain Ethereum Adoption NFT wallet Social Media Polygon Subsocial chat program implements Ethereum usernames, Polygon donations

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.

08.06 / 09:29

Blockchain Technology regulation Polygon security Polygon president testifies on democratizing the internet with Web3, blockchains

The House Energy and Commerce Committee Subcommittee on Innovation, Data and Commerce gathered on June 7 to discuss blockchain technology and the future of Web3. Crypto industry members including Ryan Wyatt, president of Polygon Labs and legal experts appeared before the committee to engage in a much more amicable dialogue.

07.06 / 19:17

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 6/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) and altcoins have been volatile in the past two days as the cryptocurrency markets come to terms with the actions of the United States Securities and Exchange Commission (SEC) against two of the biggest crypto exchanges, Binance and Coinbase.

06.06 / 19:10

Dogecoin XRP Cardano Polygon S&P 500 Bitcoin Dollar Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Bitcoin (BTC) and altcoins witnessed a sharp sell-off on the news that the United States Securities and Exchange Commission (SEC) had filed a suit against Binance in U.S. courts for unregistered securities operations.

02.06 / 20:13

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The United States equities markets rallied sharply on June 2 even though the nonfarm payrolls in May rose 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings which was slightly below estimates and an uptick in the unemployment rate.

02.06 / 17:37

business Blockchain Polygon Europe Tokens Digital Asset Taurus Asset Tokenization Polygon Blockchain Taurus deploys on Polygon blockchain for asset tokenization and custody

Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain, the company announced on June 2.

01.06 / 08:39

Ethereum Adoption Polygon layer2 Telecommunications Germany's Deutsche Telekom plugs in as Polygon validator

One of Europe’s largest telecommunications companies uses its infrastructure to explore new revenue streams and boost network security as a validator for blockchain protocols.

31.05 / 18:59

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

After rising for four successive months, Bitcoin (BTC) is on track to end May with losses of about 7%. Another noteworthy thing in May is that Bitcoin’s 30-day volatility dropped to 1.52%, which is far below the yearly average 4% and higher. Glassnode data shows that Bitcoin’s low volatile periods have only lasted for 19.3% of its total price history. Hence, there is an expectation for volatility to pick up in June.

30.05 / 12:27

Dogecoin Ethereum XRP Cardano Polygon Bitcoin Dollar Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Bitcoin and the S&P 500 Index (SPX) recovered from their respective intra-week lows to finish last week on a positive note. The recovery was largely driven by the expectations of a debt ceiling deal being reached between the White House and congressional Republicans.

26.05 / 17:59

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) remains pinned below $27,000 and the recent weakness of the past few days has increased calls from analysts for a fall to the low $20,000 levels. While anything is possible, the bulls are unlikely to give up the $25,000 support without putting up a fight.

26.05 / 11:05

Blockchain Ethereum Binance Polygon Legal Police Multichain Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom

Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.

19.05 / 23:09

Ethereum defi Polygon Aave BUG Bug in Aave V2 Polygon causes some assets to become stuck in contracts

A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a May 19 proposal that attempts to fix the bug through a patch. The proposal says that users are currently unable to "supply more of those assets, borrow, repay, or withdraw."

19.05 / 20:13

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The United States stock market recovered sharply on May 17 and May 18 on hopes that the debt ceiling agreement could be reached, but the market gave back some of it gains on May 19 on reports of a temporary halt in the talks.

19.05 / 17:19

Ethereum Adoption NFT defi Polygon Scams phishing 'Inferno Drainer' scam as a service has stolen $5.9M since March: Report

A new scam as a service called “Inferno Drainer” has reportedly stolen nearly $6 million from unsuspecting crypto users, according to Web3 scam detecting firm Scam Sniffer. Inferno Drainer reportedly advertises that it provides ready-to-go code to scammers, allowing them to steal crypto in exchange for a 20% cut of the scammer’s crypto "loot".

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