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matic

Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience
matic

Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience

In a pivotal technological partnership, Infosys joins Matic network as an early transaction validator. This synergy will offer a strong tech structure to the Matic operations with DApps.

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
matic

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase

Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.

QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon
matic

QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon

QuickSwap is a decentralized trading platform leveraging Polygon's Layer 2 network. Its native token QUICK achieved a new record-high today, breaching $1,000.

Polygon Raises $450M from Venture Capital Firms Led by Sequoia
matic

Polygon Raises $450M from Venture Capital Firms Led by Sequoia

Ethereum-based Layer-2 protocol, Polygon, has raised the sum of $450 million in a private token sale that marks the most significant funding round for the firm.

AI Model Geneformer Unlocks Gene Networks Using Limited Data
matic

AI Model Geneformer Unlocks Gene Networks Using Limited Data

Geneformer, an AI model developed by Broad Institute and Harvard, uses limited data to predict gene behavior and disease mechanisms, accelerating drug discovery.

NVIDIA Grace CPU Enhances Mathematical Optimization Efficiency and Performance
matic

NVIDIA Grace CPU Enhances Mathematical Optimization Efficiency and Performance

NVIDIA Grace CPU shows significant improvements in mathematical optimization performance and energy efficiency, outperforming AMD EPYC servers.

Farcaster Frames Integrates Polygon (MATIC) PoS Transactions, Launches $500k Grants Program
matic

Farcaster Frames Integrates Polygon (MATIC) PoS Transactions, Launches $500k Grants Program

Farcaster Frames now supports Polygon (MATIC) PoS transactions and has launched a $500k MATIC grants program to encourage builder innovation.

BitMEX Users to Experience Changes Amid MATIC to POL Migration
matic

BitMEX Users to Experience Changes Amid MATIC to POL Migration

BitMEX will support the migration from MATIC to POL tokens on the Polygon network, delisting MATIC contracts and enabling zero network fees for withdrawals.

Binance to Support Polygon (MATIC) Swap to Polygon (POL) Token
matic

Binance to Support Polygon (MATIC) Swap to Polygon (POL) Token

Binance announces support for the Polygon (MATIC) token swap to Polygon (POL), with detailed instructions and timelines for users.

BitMEX Delists MATICUSDT and MATIC/USDT Amid Polygon Migration
matic

BitMEX Delists MATICUSDT and MATIC/USDT Amid Polygon Migration

BitMEX delists MATICUSDT and MATIC/USDT pairs following the MATIC to POL migration on Polygon.

Polygon (POL) Token to Replace MATIC in Major Ecosystem Upgrade
matic

Polygon (POL) Token to Replace MATIC in Major Ecosystem Upgrade

Polygon announces the transition from MATIC to POL, enhancing utility and functionality within the network. The upgrade aims to bolster security and scalability.

Bitfinex to List POL, Native Token of Polygon (MATIC)
matic

Bitfinex to List POL, Native Token of Polygon (MATIC)

Bitfinex announces the listing of POL, the native token of Polygon (MATIC), enhancing trading opportunities for users.

BitMEX Introduces POL Token Conversion Amid MATIC Migration
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BitMEX Introduces POL Token Conversion Amid MATIC Migration

BitMEX now supports the conversion of POL tokens, enhancing the MATIC to POL migration process. Users can convert Tether to POL without fees or slippage.

NVIDIA Unveils Generative AI-Enabled OpenUSD Pipeline for Cinematic Content Production
matic

NVIDIA Unveils Generative AI-Enabled OpenUSD Pipeline for Cinematic Content Production

NVIDIA introduces a generative AI-enabled OpenUSD pipeline, enhancing the production of cinematic content through automation and scalability, revolutionizing commercial creation.

Enhancing Protein Structure Prediction with GPU-Accelerated MMseqs2
matic

Enhancing Protein Structure Prediction with GPU-Accelerated MMseqs2

Explore how GPU-accelerated MMseqs2 enhances protein structure prediction, offering faster, scalable, and cost-effective solutions for researchers in computational biology.

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking
matic

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Crypto exchange Gemini has announced the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.

Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage
matic

Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage

Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunities. The launch is aimed at enhancing users' trading experience and increasing trading choices on the Binance Futures platform.

Aave and MATIC Surge to New ATHs as On-Chain Transactions Rises
matic

Aave and MATIC Surge to New ATHs as On-Chain Transactions Rises

DeFi protocols Aave and Polygon has seen a surge leading to an ATH in their respective native tokens.

Polygon Founder Announces POL: Massive Technical Upgrade to MATIC
matic

Polygon Founder Announces POL: Massive Technical Upgrade to MATIC

Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.

Donald Trump's NFT Success Unveils Former President's Crypto Ventures
matic

Donald Trump's NFT Success Unveils Former President's Crypto Ventures

Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.

0x Protocol's API is Live on Polygon Network
matic

0x Protocol's API is Live on Polygon Network

0x Project officially announced that its API is officially integrated with Polygon. The launch of the DEX liquidity API aims to expand this vibrant ecosystem Polygon.

MATIC: Polygon zkEVM Prepares for Dragon Fruit Upgrade
matic

MATIC: Polygon zkEVM Prepares for Dragon Fruit Upgrade

Polygon ($MATIC) has announced its Dragon Fruit upgrade on September 10, ForkID5, which introduces the latest Ethereum opcode, PUSH0, and a non-critical RLP parsing bug fix. The upgrade will be implemented on Polygon's zkEVM Mainnet Beta, with a 10-day timelock for users and developers.

Polygon(Matic) to Slash zkEVM Transaction Fees by 20%
matic

Polygon(Matic) to Slash zkEVM Transaction Fees by 20%

Polygon, the scalable Ethereum layer-2 solution, has announced its intent to optimize its zkEVM (Zero-Knowledge Ethereum Virtual Machine) in the coming weeks.

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
matic

Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions

The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.

EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
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EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions

The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL
matic

Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL

Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.

Altcoins Making the Biggest Moves in the Market Today: XLM, MATIC, and HNT
matic

Altcoins Making the Biggest Moves in the Market Today: XLM, MATIC, and HNT

XLM, MATIC, and HNT are leading the emerging market resurgence today.

Polygon Announces the Launch of a Direct Bridge by Ren Protocol
matic

Polygon Announces the Launch of a Direct Bridge by Ren Protocol

Polygon’s official Twitter announced to launch a direct bridge to Polygon by Ren open protocol.

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana
matic

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.

Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market
matic

Bitcoin Leads Bullish Trend with $125M Inflows in Overall Crypto Market

CoinShares reports a significant increase in investor bullishness towards digital assets, with a total inflow of $125 million in the past week. In the last fortnight, inflows totaled $334 million, representing nearly 1% of the total assets under management (AuM).

Google Cloud Becomes Validator on Polygon's PoS Network
matic

Google Cloud Becomes Validator on Polygon's PoS Network

Google Cloud has joined Polygon's PoS network as a validator, adding an extra layer of security and credibility. The network already has over 100 validators, and Google Cloud's involvement is expected to further strengthen it. Users can monitor validator performance through a dedicated dashboard, where Google Cloud has staked 25,391.67 MATIC.

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
matic

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
matic

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.

Billionaire Entrepreneur Mark Cuban Invests in Polygon,Driving it to Surge by 12645% on a Year-to-Date Basis
matic

Billionaire Entrepreneur Mark Cuban Invests in Polygon,Driving it to Surge by 12645% on a Year-to-Date Basis

Today, Mark Cuban, an American billionaire entrepreneur, officially supports the Polygon network-which drives Polygon's token MATIC to surge by 12645% on a year-to-date basis.

Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
matic

Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme

Peter Kambolin, the ex-CEO of Systematic Alpha Management, pleaded guilty to a conspiracy to commit commodities fraud involving cryptocurrency futures contracts, as revealed by the DOJ on October 12, 2023. The case, marking a milestone as the first of its kind, unveils a "cherry-picking" scheme where Kambolin misallocated profitable trades to his accounts, misrepresenting trading focuses to investors. With legal proceedings underway, Kambolin faces up to five years in prison, showcasing the authorities' resolve against financial fraud in the crypto sector.

Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected
matic

Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected

One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.

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

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
matic

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
matic

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.

Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit
matic

Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit

Former SEC Officer, John Reed Stark, analyzes Ripple's legal victory against the SEC, describing it as a momentary celebration and predicting a likely appeal.

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
matic

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.

eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
matic

eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes

The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).

Schwab to List Its First Crypto-Related ETF on NYSE
matic

Schwab to List Its First Crypto-Related ETF on NYSE

Schwab is launching its first crypto-related ETF to provide its customers with an opportunity to gain crypto exposure by investing in firms that derive revenues indirectly or directly from cryptocurrencies.

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss
matic

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.

Polygon Labs Announces Downsizing, Cuts 19% of Workforce
matic

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
matic

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.

Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading
matic

Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading

Peter Kambolin, former CEO of Systematic Alpha Management LLC, was sentenced for a fraudulent "cherry-picking" scheme in cryptocurrency futures, underscoring the need for stringent regulatory oversight in crypto trading.

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

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
matic

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
matic

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.

Polygon Labs Unveils New PoS Testing Toolkit to Enhance Devnet Operations
matic

Polygon Labs Unveils New PoS Testing Toolkit to Enhance Devnet Operations

Polygon Labs' Polygon PoS v1 Testing Toolkit revolutionizes blockchain innovation with advanced deployment, efficient testing, and automated processes, marking a milestone for Web3's future.

Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions
matic

Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions

The MATIC price has grown impressively over the last week driven by the chain's adoption.

Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices
matic

Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices

Ethereum has surged past $1000, following Bitcoin’s footsteps to wrap up 2020 nicely.

The First Pocket Gamer and Blockchain Gamer Connects Hong Kong Wows the Crowds
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The First Pocket Gamer and Blockchain Gamer Connects Hong Kong Wows the Crowds

The temperature outside may have been in the high 30s, but that was nothing compared to the white-hot talks and meetings taking place inside Hong Kong’s awesome Cyberport venue on 17-18 July, at Steel Media’s inaugural Blockchain Gamer Connects and Pocket Gamer Connects in East Asia.

Consider These 6 Factors When Trading Crypto In 2021
matic

Consider These 6 Factors When Trading Crypto In 2021

What do trading audiences expect with high-quality, modern exchange and aggregator services? It has a lot to do with the context of the industry – what people are doing with their assets, and the choices that they have to navigate within the greater fintech ecosystem.

Crypto Fest 2.0 Rumble in the Crypto Jungle
matic

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!

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