
MATIC News Polygon
Price of 1 Polygon today (31 May)
$ 0.2102
-4.92%
Latest news on Polygon (MATIC) now
Katana Network Launches Private Mainnet to Address DeFi Fragmentation
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 Steps Down as Third Founder from Polygon Foundation Board
Mihailo Bjelic, co-founder of Polygon, has stepped down from the board of the Polygon Foundation, becoming the third founder to leave after Jaynti...
Polygon Co-Founder Mihailo Bjelic Steps Down from Leadership Role
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 Partners With Avalanche to Develop EVM Blockchain for Digital Collectibles
FIFA is developing a custom EVM-compatible blockchain in partnership with Avalanche to enhance its Web3 presence and support digital collectibles....
StraitsX Launches XSGD Stablecoin on XRP Ledger for Cross-Border Payments
StraitsX launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to meet the demand for regulated multi-chain stablecoins...

Polygon Price Expected to Surge Above $1 According to Analyst
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 to Integrate Crypto Payments with Apple Pay by Q2 2025
Mesh, a crypto payments firm, plans to integrate with Apple Pay. This will enable shoppers to buy products using cryptocurrencies while merchants...
Miden Spin-Off from Polygon Raises $25 Million for Development
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 Sued by BANKEX for Alleged Intellectual Property Theft
Matter Labs, the developer of layer-2 blockchain ZKSync, faces a lawsuit from BANKEX, a defunct digital asset banking platform. The complaint...

BNB Demonstrates Resilience Amid Market Declines, Outperforming Altcoins
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....

BNB Chain Leads NFT Market with Daily Sales of $8.2 Million
Investor interest in non-fungible tokens (NFTs) is growing, with the BNB Smart Chain outperforming Ethereum and Polygon.
Daily NFT sales...
Polygon Labs CEO Marc Boiron Discusses AggLayer to Unify Blockchains
Marc Boiron, CEO of Polygon Labs, outlines Polygon's strategy to enhance blockchain interoperability through a new product called AggLayer. Key...

Aavegotchi DAO Votes to Migrate Ecosystem from Polygon to Base
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 Acquires U.S. Broker-Dealer to Enter Institutional Market
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 Focuses on Real-World Utility Amid Growing Competition from Bitcoin
Ethereum faces challenges but shows signs of long-term strength through its growing Layer-2 ecosystem and developer community. Key points include:
...
SEC Drops or Pauses Over a Dozen Cryptocurrency-Related Cases
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 to Launch State-Backed WYST Stablecoin in July 2025
Wyoming plans to launch a stablecoin, WYST, in July 2025, partnering with LayerZero for its issuance. Key aspects include:
WYST will be pegged...
Wyoming State Plans Launch of First Fiat-Backed Stablecoin This Year
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 BUIDL Tokenized Fund Launches on Solana, Reaches $1.7 Billion
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 Korea Plans Sanctions Against Overseas Crypto Exchanges Operating Illegally
South Korean financial authorities plan to sanction multiple overseas crypto exchanges operating illegally in the country. The affected exchanges...
Untangled Finance Completes Proof of Concept for On-Chain Credit Ratings
Untangled Finance and Moody’s Ratings have completed a Proof of Concept to transition credit ratings on-chain, enabling decentralized access to...

Mercado Bitcoin Partners with Polygon Labs to Tokenize $200M in Assets
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 Adoption of ZK Technology Accelerates with Significant Cost Reductions
Ethereum's scalability issues stem from its need for every node to redundantly re-execute transactions. In 2020, the community focused on rollups as...
POL Token Declines 15% in 24 Hours, Market Cap at $2.09 Billion
POL Price Update
POL, formerly MATIC, is trading at $0.2429, down 15% in the last 24 hours.
The token has decreased 78% from its all-time high...
SEC Agrees to Dismiss Lawsuit Against Consensys and MetaMask
The US Securities and Exchange Commission (SEC) plans to drop its lawsuit against Consensys, the creator of MetaMask. This decision reflects a shift...
Olas Launches Mech Marketplace for AI Agents to Collaborate
Olas has launched Mech Marketplace, a decentralized platform allowing AI agents to collaborate autonomously. Key points include:
The marketplace...

Phantom Acquires SimpleHash for Enhanced Blockchain Data Insights
Phantom, a decentralized wallet provider, has acquired SimpleHash, a blockchain data platform focused on token and NFT analytics. This acquisition...
Token Rebrands May Only Be Effective Once in Crypto Market
Token rebranding in the crypto market serves three main purposes:
Refreshes stale market positioning.
Creates promotional buzz.
Resets price...
Kavita Gupta Launches Inclusive Layer for Cross-Chain Blockchain Development
Kavita Gupta, founder of Delta Blockchain Fund, has launched a new startup called Inclusive Layer. This platform aims to simplify the...

Wildcard Migrates NFTs from Polygon to Ethereum Mainnet and Plans Token Launch
Wildcard has migrated its Wildpass NFTs to the Ethereum mainnet and is preparing to launch its WC token.
Key points:
Wildcard is a PVP battle game...