MATIC News Polygon

Crypto asset investment products faced capital outflows for the second week, with $584 million exiting in the latest report from CoinShares....

Tencent is considering acquiring Nexon, a South Korean game developer known for Dungeon & Fighter and invested in Web 3 gaming. Key points...

Key Developments in Cryptocurrency Sandeep Nailwal Takes Control of Polygon Foundation: Sandeep Nailwal has become CEO of the Polygon...

Polygon has appointed co-founder Sandeep Nailwal as CEO of the Polygon Foundation, initiating a significant leadership change and new strategic...

Key updates in cryptocurrency tech development include: Berachain Upgrade: Berachain launches the Bectra hard fork, activating Ethereum's...

BitoPro, a Taiwanese cryptocurrency exchange, may have lost $11.5 million in a hack on May 8, according to investigator ZackXBT. The exchange has...

Taiwanese exchange BitoPro is suspected of losing over $11.5 million in tokens due to an exploit on May 8, according to blockchain analyst...

Katana, a new DeFi-focused blockchain incubated by Polygon and GSR, has launched its private mainnet. Key details include: Katana aims to unify...

Mihailo Bjelic, co-founder of Polygon, has stepped down from the board of the Polygon Foundation, becoming the third founder to leave after Jaynti...

Mihailo Bjelic, co-founder of Polygon, is leaving the network. He announced on X that he will step down from the board of the Polygon Foundation and...

FIFA is developing a custom EVM-compatible blockchain in partnership with Avalanche to enhance its Web3 presence and support digital collectibles....

StraitsX launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to meet the demand for regulated multi-chain stablecoins...

Polygon has experienced a moderate pullback after breaking above the $0.20 level, which may indicate a healthy retracement as it prepares for an...

Mesh, a crypto payments firm, plans to integrate with Apple Pay. This will enable shoppers to buy products using cryptocurrencies while merchants...

Miden, a protocol focused on privacy and rapid transaction speeds for institutions, has raised $25 million in a seed round following its spin-off...

Matter Labs, the developer of layer-2 blockchain ZKSync, faces a lawsuit from BANKEX, a defunct digital asset banking platform. The complaint...

Binance Coin (BNB) has demonstrated strong market performance, fluctuating between $575 and $591 last week, with a 1.0% gain in the past 24 hours....

Investor interest in non-fungible tokens (NFTs) is growing, with the BNB Smart Chain outperforming Ethereum and Polygon. Daily NFT sales...

Marc Boiron, CEO of Polygon Labs, outlines Polygon's strategy to enhance blockchain interoperability through a new product called AggLayer. Key...

The DAO governing Aavegotchi has voted 93.25% in favor of migrating to Base from Polygon, indicating a shift in developer and user preferences...

Archax, a U.K.-regulated crypto exchange, has acquired Globacap Private Markets Inc, a U.S. broker-dealer, to enter the institutional market in the...

Ethereum faces challenges but shows signs of long-term strength through its growing Layer-2 ecosystem and developer community. Key points include: ...

The U.S. Securities and Exchange Commission (SEC) has paused or dropped more than a dozen crypto-related cases since the appointment of Mark Uyeda...

Wyoming plans to launch a stablecoin, WYST, in July 2025, partnering with LayerZero for its issuance. Key aspects include: WYST will be pegged...

Wyoming plans to launch the Wyoming Stable Token (WYST) later this year, potentially the first fiat-backed stablecoin issued by a U.S. public...

BlackRock’s tokenized money market fund, BUIDL, is now available on Solana, according to Securitize. This expansion adds Solana to a list of seven...

South Korean financial authorities plan to sanction multiple overseas crypto exchanges operating illegally in the country. The affected exchanges...

Untangled Finance and Moody’s Ratings have completed a Proof of Concept to transition credit ratings on-chain, enabling decentralized access to...

Mercado Bitcoin is collaborating with Polygon Labs to enhance the tokenization of real-world assets in Latin America. The goal is to issue over...

Ethereum's scalability issues stem from its need for every node to redundantly re-execute transactions. In 2020, the community focused on rollups as...