MATICBTC

Is the MATIC Bull Run Over? Sell-Off Looms as Price Lingers Below Key Zone

After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its price to $0.77. Experts suggest that this level is far below the crucial support zone. If the price continues to stay below this range, there...
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Here’s a List of Some of the Tokens the SEC Has Called a Security so Far

The cryptocurrency data aggregator CoinGecko added a new section on its website showing the top 48 crypto assets deemed securities by the US SEC.  The combined market capitalization of those digital currencies is currently over $91 billion, representing 7.5% of the whole $1.21 billion cap.  CoinGecko introduced a new index that tracks the performance of some...
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Brazilian Finance Giant BTG Pactual to Issue a Stablecoin Pegged to the US Dollar (Report)

BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar.  The corporation joined the industry years ago by issuing a security token called ReitBZ and introducing a cryptocurrency exchange in Brazil. The Latest Push According to Reuters, Banco BTG...
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Messari Researcher Outlines Polygon’s Growth Path

Tom Dunleavy – Senior Research Analyst at Messari – thinks there is a bright future for the blockchain platform Polygon. It has shown significant growth over the past few years, increasing the number of its developers and attracting some major institutions.  Dunleavy took it to Twitter to lay out the most notable recent achievements of...
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Dubai’s University CUD to Embrace Crypto Payments

The Canadian University of Dubai (CUD) partnered with Binance to enable students to pay their fees in digital currencies. With the recent collaboration, the exchange dived deeper into the local ecosystem. It received a cryptocurrency license from Dubai’s regulators in September last year.  Settling the Semesters in Crypto The world’s leading crypto platform disclosed the...
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49% Lower Fees, Big Growth: Why Polygon (MATIC) Surged in Q2

Don’t call it an “Ethereum killer.” Polygon (MATIC) builds on and enhances Ethereum’s blockchain. Its developers and user base must have missed the memo that we’re in crypto winter. While prices crashed, Polygon’s ecosystem grew in leaps and bounds to finish quarter two. The crypto platform enables developers to build bridge infrastructure between blockchains. As...
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Polygon Unique Addresses Grew 12% in Q2 Despite Market Crash

Polygon Network has shown solid resilience in the difficult period of crypto assets plunging in value. According to its Q2 report, the Ethereum scaling platform witnessed steady growth in the number of network addresses and transaction volume despite the broader market selloff during the same period. Steady Growth in the Winter Known as a sidechain...
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MATIC Soared 25% as Disney Selected Polygon for its Web3-Focused Accelerator Program

On July 13, entertainment giant Walt Disney announced six companies are joining its 2022 Disney Accelerator. Among them was the layer-2 Ethereum scaling network Polygon. The business development program is designed to accelerate the growth of innovative companies. According to the announcement, Disney is focusing on emerging technology in the field of immersive experiences this...
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Avalanche, BNB Chain, and Polygon Growth Stable Despite Q1 2022 Market Hiccups (Report)

Leading blockchain data analytics platform Nansen recently released its quarterly analysis report, which revealed that the crypto market had witnessed a decline in 2022 compared to its 2021 activity volume. The report, however, pointed out that the performance of leading blockchain networks, Polygon, BNB Chain, and Avalanche, remained fairly stable, with Avalanche standing out as...
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DeFi Giant Uniswap Sweeps 50% Market Share on Polygon

Prominent decentralized exchange Uniswap accounts for almost 50% of the market share on the Ethereum layer 2 aggregator – Polygon. It managed to achieve this feat only three months after its deployment on the Polygon network. Uniswap – Market Leader on Polygon Uniswap Labs, the company behind the popular DeFi protocol, tweeted, referring to data...
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Philippines Fintech Giant PayMaya Launches Bitcoin Education Feature

PayMaya – one of the leading digital financial services platforms in the Philippines – rolled out a cryptocurrency feature on its app, allowing customers to deal with bitcoin and altcoins. The initiative aims to educate locals about the merits of the asset class and grant them access to it. PayMaya Enters the World of Crypto...
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British Crypto Investment Firm Launches Avalanche, Cosmos, Polygon ETPs

Crypto ETP issuer ETC Group has announced the launch of three crypto exchange-traded products tracking the performance of Avalanche, Cosmos, and Polygon. New Crypto Investment Vehicles According to a report by ETF Stream, the latest investment vehicles – ETC Group Physical Avalanche ETP (AVAL), the ETC Group Physical Cosmos ETP (ATME), and the ETC Group...
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Matic Pumps 16% as Sequoia Capital Leads $450 Million Fundraise for Polygon

Venture capital firm Sequoia Capital led a financing round for the Ethereum layer 2 scaling solution Polygon, becoming the latest Silicon Valley company to invest in the Web3 space. According to CNBC on Monday (February 7, 2022), Polygon recently raised $450 million, with Sequoia Capital leading the investment. Other companies involved in the fundraising round...
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Head of Youtube Gaming Joins Polygon Studios As New CEO

Ryan Wyatt, who until today was Global Managing Director at YouTube Gaming, announced his resignation as part of a move that will take him deeper into the depths of the metaverse and the crypto realm. In an emotional farewell shared via Twitter, Wyatt expressed his satisfaction and gratitude to the YouTube team, to whom he...
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MATIC Burn Begins as EIP-1559 Live on Polygon Mainnet

Polygon – one of the most popular layer-2 scaling solutions of Ethereum – saw its mainnet implement one of the biggest upgrades recently. Namely, this is the Ethereum Improvement Proposal 1559 that will begin burning MATIC tokens as part of every transaction. Polygon Integrates EIP-1559 CryptoPotato reported last week that EIP-1559 was scheduled to go live...
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Polygon (MATIC) Schedules Long-Awaited EIP-1559 Upgrade for Next Week

Leading Ethereum layer-2 scaling solution, Polygon, announced today that the much-awaited Ethereum Improvement Proposal (EIP) 1559 upgrade will go live on the mainnet next week. Polygon’s London HardFork Set to go Live In an official announcement on Wednesday, the India-based project noted that the upgrade, which will initiate the burning of MATIC, is scheduled to...
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Polygon Dodges a Bullet: Patches a Bug That Put $24 Billion Worth of MATIC at Risk

Bugs and vulnerabilities are part of a blockchain network. Polygon revealed how it dodged a bullet after detecting a vulnerability, introduced a fix, upgraded the network, paid off a bounty to the whitehat hackers, all with a silent patch. Polygon’s Silent Patch According to the latest blog post by the team, it all started when...
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Uniswap Deploys to Polygon as MATIC Hits All-Time High

In an announcement on Dec. 22, Uniswap Labs reported that it had launched the DEX on the Polygon network. Polygon co-founder Mihailo Bjelic submitted a proposal to Uniswap governance in November to deploy Uniswap v3 on Polygon, and it was voted in last week. It had overwhelming support, with more than 72 million UNI tokens...
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VanEck Adds Polygon and Avalanche to its ETN Offerings

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed...
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Crypto Asset Manager Bitwise Launches Polygon (MATIC) Fund

San Francisco-based digital asset management firm – Bitwise Asset Management – has announced the launch of its Bitwise Polygon (MATIC) Fund. According to an official press release shared with CryptoPotato, the Fund will serve as a professionally managed investment vehicle that will give Bitwise’s wealthy clients access to MATIC, the Polygon network native cryptocurrency. The...
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Binance Completes Polygon Mainnet Integration For Deposits and Withdrawals

Leading cryptocurrency exchange Binance has completed the integration of Polygon mainnet to support deposits and withdrawals of the mainnet token of the Ethereum-scaling network.  Binance Now Supports MATC Mainnet Token According to a press release shared with CryptoPotato on Friday, Binance users will now be able to make deposits and withdrawals with the MATIC mainnet token. ...
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Wyre Partners With Polygon to Offer USDC to Customers

Wyre, a blockchain payments provider, announced today that developers around the world are now able to provide USDC stablecoin to customers in the Polygon ecosystem. The feature was made possible through a partnership with Polygon. Wyre Integrates With Polygon Wyre said in a press release shared with CryptoPotato that the integration of its Checkout API...
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Polygon to Launch an All-Purpose Blockchain Dubbed Avail

Polygon, a full-stack scaling solution for Ethereum formerly, known as MATIC network, plans to launch an all-purpose scalable data availability layer dubbed Avail. Polygon to Launch a General Purpose Blockchain In a press release shared with CryptoPotato, Polygon noted that Avail will provide foolproof data available while preventing data encoding proofs using erasure coding and...
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Bitcoin Dominance Rises as Altcoins Suffer Double-Digit Crash (Market Watch)

Bitcoin’s price continues to lose ground, and it dropped to just over $31,000 hours ago. However, its dominance over the market has increased to a monthly high as most alternative coins have dumped by double digits. Bitcoin Dominance on the Rise Despite the Correction As CryptoPotato reported over the weekend, BTC had recovered some of...
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Polygon (MATIC) Integrates its Blockchain Datasets in Google BigQuery

Polygon, the Ethereum layer-2 solution formerly known as Matic Network, announced today its blockchain datasets will be integrated on Google Cloud. Polygon Coming to Google Cloud The initiative aims to provide developers, data analysts, and crypto-enthusiasts with a better understanding of the Polygon blockchain. Google’s BigQuery would ensure that query and in-depth analysis of Polygon’s...
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Polygon (MATIC) SDK Arrives: Developers Can Now Deploy Chains to Ethereum

Polygon, the Ethereum layer-2 solution formerly known as Matic Network, has released the first version of its network enabling developers to deploy ETH-compatible chains using the Ethereum Virtual Machine. Dubbed Polygon SDK, it marks the start of Ethereum’s transition into a multi-chain ecosystem. Polygon SDK Arrives Ever since the protocol’s rebranding from Matic Network to...
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Polygon Rolls Out $100 Million DeFi Adoption Fund

Polygon, an easy-to-use platform for Ethereum scaling and infrastructure development, has recently launched a $100 million fund intended to improve the accessibility of the decentralized finance (DeFi) space to more users. According to a press release shared with CryptoPotato, the fund, known as “#DeFiforAll,” is geared toward effectively introducing millions of users to the various...
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Polygon (MATIC) Soars by 40% as Coinbase Pro Looks to List it Tomorrow

Coinbase announced today that it would list MATIC on its advanced trading platform, Coinbase Pro – the result is a quick upward surge which has resulted in a 35% gain. MATIC Skyrockets After Coinbase Announce Listing Ethereum scaling and infrastructure development platform, Matic Network (now Polygon) has rallied by 35%. The surge was fueled by...
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Matic Network Becomes Polygon and Focuses on Ethereum Scaling

The popular Layer-2 scaling solution for the Ethereum blockchain, Matic Network, has rebranded its project to Polygon. Upon the name change, Polygon also announced plans to enhance its support for the Ethereum network to scale faster and reduce the growing transaction costs. Matic Network Becomes Polygon Known as Matic Network until today, the project serves...
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Matic Partners with Sapien to Bring Gasless Transactions

The Ethereum-based social network Sapien has partnered with Matic Network, Biconomy, and Torus Labs to enhance mainstream adoption of Web3 social media. The collaboration between the projects will enable gasless transactions and the automatic creation of non-custodial Ethereum wallets on the social platform. Gasless Fees On Sapien’s Ethereum Network The blockchain-based social platform describes itself...
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