Breaking News: POLYGON – Market Insights, Analysis & Latest Updates

POLYGON

Polygon nears $100B volume mark – Factors that will help POL

Polygon nears $100 billion in volume; faces mixed signals with declining activity but potential for rebound if support levels hold.

ambcrypto.com • 10/03/2025 - 14:00 PM

Phantom wallet adds support for Layer 1 Sui in latest multi-chain push

Phantom wallet now supports Sui blockchain, enabling management of SUI and interaction with dApps, as part of its multi-chain expansion strategy aimed at enhancing user experience in crypto.

theblock.co • 29/01/2025 - 14:00 PM

The year in data: 5 charts that show how crypto changed in 2024

In 2024, the crypto industry saw Bitcoin highs, stablecoin growth, DeFi fee recovery, SocialFi decline, and Polymarket's betting boom ahead of the U.S. election.

theblock.co • 31/12/2024 - 18:01 PM

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

Trump-backed World Liberty Financial partners with Ethena; Polygon rejects stablecoin proposal; ENS selects Linea for Layer 2 development; HashKey launches mainnet; Hayes predicts market dump.

theblock.co • 18/12/2024 - 19:53 PM

The Daily: Pudgy Penguins' PENGU token goes live, LastPass exploiters drain millions of dollars in crypto and more

Pudgy Penguins launches PENGU token; millions lost in LastPass breach; Lido phases out Polygon staking; and Tether invests in StablR for stablecoin adoption in Europe.

theblock.co • 17/12/2024 - 19:11 PM

POLYGON

Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation

Polygon proposes utilizing $1.3 billion in stablecoin reserves to generate yield and incentivize activity on the PoS Chain, addressing an annual opportunity cost of $70 million.

theblock.co • 13/12/2024 - 06:15 AM

Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB, a crypto-AI startup, secured $5 million funding to tokenize GPUs for accessible AI computing, launching a platform on multiple blockchains later this year.

theblock.co • 03/12/2024 - 17:00 PM

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

Folks Finance raised $3.2 million in Series A funding led by Borderless Capital, exceeding expectations and indicating future token plans for its cross-chain DeFi platform.

theblock.co • 14/11/2024 - 13:00 PM

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

President-elect Donald Trump appointed Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to lead his new Department of Government Efficiency (DOGE). In a note to clients late Tuesday, Bitwise CIO Matt Hougan made the case for a $500,000 bitcoin price before the cryptocurrency’s early stage comes to an end and the asset “matures.” Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI operating system, has secured $290 million in funding, including a $40 million seed round and a $250 million token purchase commitment. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/11/2024 - 18:52 PM

BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon

BlackRock's BUIDL fund is expanding to multiple blockchains, enhancing access and efficiency for investors in the growing market of tokenized government securities.

theblock.co • 13/11/2024 - 14:58 PM

Currency