Category Archives: Polygon news

Polygon’s zkEVM Performance in May Polygon [MATIC] published a new blog highlighting its much-talked-about zkEVM’s performance in the month of May. As per Polygon’s latest tweet posted on 31 May, single-day transaction volume on Polygon zkEVM reached a new all-time high. The ATH was noted on 25 May 2023 as the number of transactions exceeded[Read more…]

Positive Growth in Polygon zkEVM Blockchain networks often face challenges in achieving growth during slow market conditions. However, the Polygon network has managed to overcome these limitations, thanks to one particular segment. Polygon zkEVM has been garnering significant attention recently, leading to a surge in positive growth. This is evident from the impressive Total Value[Read more…]

Taurus Links with Polygon for Tokenization of Real-World Assets Taurus, a leading provider of custody, tokenization, and trading services for digital assets, has partnered with the Ethereum scaling network Polygon. This collaboration comes as the tokenization of real-world assets gains traction among financial institutions and large companies. The link-up with Polygon includes support for staking[Read more…]

Crypto-focused Investment Firm Multicoin Capital Leads $2.3 Million Seed Funding Round for FastLane Labs Crypto-focused investment firm Multicoin Capital has led a $2.3 million seed funding round for FastLane Labs, a maximal extractable value (MEV) protocol for Polygon. This marks Multicoin’s third time backing infrastructure for MEV, a controversial way for validators to earn more[Read more…]

Introduction Lamar Olive Oil, a sustainable-agriculture company, has achieved a significant milestone in the industry by issuing an on-chain bond using Obligate, a decentralized finance (DeFi) platform based in Switzerland. This groundbreaking move marks the first-ever issuance denominated in Membrane Finance’s EUROe, the sole EU-regulated crypto stablecoin. Underwriting and Structuring Process Obligate’s credit rating partner,[Read more…]

These recent developments highlight WeFi’s commitment WeFi, the innovative decentralized money market protocol, today encapsulates a series of significant developments in its rapidly evolving journey. Following the successful IDO on multiple launchpads, WeFi has launched its token on QuickSwap, gained listing on MEXC Global, entered into a promising partnership with Gamma Strategies, and is poised[Read more…]

Falling behind Polygon (MATIC) has been performing well in the cryptocurrency space, with daily active users on its network staying consistent throughout market cycles. However, its underperformance in the zkSync space could impact the protocol’s future growth. Based on Artemis’ data, the transaction volume on Polygon’s zkEVM reached 14,780, indicating lower activity compared to other[Read more…]

Aave V2 on Polygon (MATIC) Temporarily Halted Due to Bug Aave’s V2 iteration on Layer 2 (L2) network Polygon (MATIC) suffered a temporary halt due to a bug on 19 May. This prevented Aave V2 Polygon users from interacting with Wrapped Ether (wETH), Tether (USDT), Wrapped Bitcoin (WBTC), or Wrapped Matic (WMATIC) pools on the[Read more…]

MATIC Price Prediction 2025-2030: Unveiling the Future Trajectory of Polygon Token MATIC, the native token of the popular Ethereum scaling solution Polygon, has lost more than 6% of its value over the past seven days. The Polygon network recently underwent a key hard fork, an upgrade that its community had been anticipating. The hard fork[Read more…]

Polygon Co-Founder Launches Web3 Fellowship Program Polygon co-founder Sandeep Nailwal and the venture capital firm he helped found, Symbolic Capital, announced Monday the launch of the new Nailwal Fellowship to provide early-stage builders with financial support in making the jump from Web2 to Web3. Nailwal is pledging his own money toward the $500,000 cohort of[Read more…]