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Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates
matic

Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates

Polygon's rate of return is very impressive, rising by more than 2600%, from $0.0178 to $0.468 since the beginning of 2021.

Wintermute-Backed Decentralized Exchange Bebop Expands to Polygon
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Wintermute-Backed Decentralized Exchange Bebop Expands to Polygon

Following its launch on the Ethereum blockchain in June, Bebop, a decentralized exchange incubated by crypto trading firm Wintermute, has now expanded support to Polygon.

Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon
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Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon

An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 proof-of-stake sidechain Polygon (“MATIC”) to its blockchain infrastructure operations.

Digital Assets Soar to $67 Billion, Avalanche (AVAL),  Polygon (MATIC) and Chainlink (LINK) Gain Momentum
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Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum

Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink.

Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration
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Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration

Polygon has launched the Solution Provider Network (SPN) to facilitate real-time connections between developers and essential infrastructure like oracles, bridges, RPC providers, and wallets, enhancing visibility and credibility within the Polygon ecosystem.

SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos
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SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos

In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities.

Polygon Labs Announces Downsizing, Cuts 19% of Workforce
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Polygon Labs Announces Downsizing, Cuts 19% of Workforce

Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off.

Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet
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Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet

Polygon is closing in on the launch of its 2.0 version with the deployment of POL contracts on the Goerli testnet. This significant development is a result of community consultations and the introduction of two new Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. These PIPs aim to modify the EIP-1559 burn system and adjust the POL token supply.

Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts
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Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts

A tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts

Polygon Expanded Collaborations with Disney, Meta, Starbucks, and More in Q2 2023
matic

Polygon Expanded Collaborations with Disney, Meta, Starbucks, and More in Q2 2023

Accordint to a report released by Messari, Polygon ($MATIC), a suite of Ethereum-based scaling solutions, unveiled key insights and recent developments in its ecosystem for the second quarter of 2023.

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading
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Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.

Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting
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Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting

Robinhood Markets Inc., the popular trading platform known for democratizing investing, has released its operating data for May 2023, showing an increase in both equity and options trading but a decline in cryptocurrency trading.

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