POLYGON (MATIC) Price, Analysis, Predictions, and Calculator

According to ZachXBT, an initial tracing of a cryptocurrency theft revealed that USDC was bridged from the Polygon network to Ethereum. The stolen funds were then swapped for ETH and distributed across three distinct Ethereum addresses: 0xd467e8134314d66d685bd3e6da8901b8683028ae, 0x42ab2e5b91fcdba8aa00b710ad01a249d5082445, and 0xa3e083422ee587ff20c91d814baade85856861b6. This movement suggests a strategic attempt to obscure the trail of the stolen assets, a common tactic in crypto thefts.

According to ZachXBT, on April 21, 2024, a Coinbase Commerce contract experienced a significant outflow of over 1700 USDC transactions totaling $15.97 million on the Polygon network. The transactions were linked to attackers using the addresses 0x07c77559b37a5cde66267a3b5451200fdc312078 and 0x58e838b7fbfe27397517fbe70b1c92d941aace4d. The affected contract address is 0x551c6791c2f01c3cd48cd35291ac4339f206430d. This incident may impact the trust and security perceptions of Coinbase Commerce's operations on Polygon.

According to EmberCN, the price of POL has increased by 22% from $0.357 to $0.438 since yesterday. A multi-signature address associated with the Polygon team distributed 50 million POL tokens to six addresses 32 hours ago. These tokens, valued at $21.45 million, were all transferred to Binance in the last two hours.

According to EmberCN, the POL token has increased by 22% from $0.357 to $0.438 since yesterday. A multisig address associated with the Polygon team distributed 50 million POL tokens, valued at $21.45 million, to six different addresses 32 hours ago. These tokens were then transferred to Binance from these addresses within the last two hours. This transaction and the price surge may indicate significant market activity and interest in POL.

According to MistTrack_io, there is a link between the Indodax and BingX hackers, as they both used the same cryptocurrency address (0x0c74c11443e60e011f884f547729127380ca1992) for money laundering activities. The Indodax hacker operated on the Polygon network, while the BingX hacker's network was not specified. This connection may indicate coordinated or related hacking activities that could impact traders on these platforms.

According to OnchainDataNerd, a significant milestone has been achieved by multiple crypto ventures including BSquaredNetwork, TheSpartanLabs, AnimocaVentures, AllianceDAO, PolygonVentures, Cypher Capital, CandaqCom, FM Group, Skyland VC, TPC Ventures, and Maxx Capital. This accomplishment is noteworthy for traders as it could indicate potential growth and increased activity in projects associated with these ventures.

According to OnchainDataNerd, B2Network has achieved a significant milestone by raising funds from top-tier venture capitalists, including The Spartan Labs, Animoca Ventures, AllianceDAO, and Polygon Ventures. This funding is expected to act as a catalyst for the rapid expansion of the B2Network ecosystem. The creation of the Eco Fund by SquaredVC supports this growth initiative.

According to @spotonchain, the Indonesian cryptocurrency exchange Indodax was hacked approximately 9 hours ago, resulting in a loss of $20 million. The hacker has converted most of the stolen assets into native cryptocurrencies. They currently hold 5,584 ETH (worth $13 million) on Ethereum and Optimism networks, and 6.84 million POL (MATIC) tokens (worth $2.56 million) on the Polygon network.

According to @OnchainDataNerd, the Polygon Foundation has deposited 25 million MATIC tokens, valued at approximately $10.43 million, to the Binance exchange within a 24-hour period. This significant transfer could indicate potential strategic moves or liquidity management by the foundation.

According to Vitalik Buterin, the co-founder of Ethereum, the 'stage 1' development phase of Polygon should be included in the broader discussion about the platform's progress. This suggests that early-stage developments on Polygon are significant and may impact future trading decisions.

According to Vitalik Buterin, the co-founder of Ethereum, the 'Stage 1' phase should be included in the development roadmap of Polygon. This suggestion could indicate a significant milestone or feature that may enhance Polygon's capabilities, potentially impacting its value and attractiveness to investors.

According to @spotonchain, a wallet linked to the Polygon Foundation deposited 15.49 million MATIC (valued at $8.1 million) to Binance over the past five days. The same wallet still holds 13 million MATIC (worth $6.78 million) in staking. All MATIC in this wallet originated from the Polygon Foundation contract in April 2023.

According to DuneAnalytics, DuneCon 2024 will feature a remarkable lineup of speakers, including Justin Sun from TronDAO, Jess Houlgrave from WalletConnect, Stani Kulechov from Aave, and Sandeep Nailwal from Polygon. This event is expected to gather some of the most influential figures in the cryptocurrency industry.