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Polygon regains access to its Discord server a few hours after being hacked.

Polygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours. The breach, which led to scammers infiltrating the channel and targeting users, has now been resolved.

Blockchain data points to a serial scammer being responsible for the attack, though the mechanism for the hack has yet to be determined.

Polygon's community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform's administrators have regained control and are working to restore the channel to its original state.

The Polygon Discord channel was reportedly compromised on Saturday, Aug. 24, but the blockchain platform's brass regained access after roughly four hours.

Polygon, the Ethereum Layer-2 network, announced that it has regained control of its Discord channel following a recent hack.

Polygon, a layer2 blockchain network, was in its prime almost two years ago. However, a downtrend has been seen in popularity, especially in the Polygon price.

Polygon is grappling with a significant security breach just weeks before a major network upgrade. The official community Discord channel was compromised, leading to potential risks for users interacting with the platform.

As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find.

Amid a recent parabolic run MATIC has regained its place in the top 20 rankings.

Polygon is on track for a major rally, with potential gains of 145% by year-end. Despite short-term challenges, key support levels and bullish indicators suggest that this could be a strong investment opportunity.

Polygon (MATIC) is gaining traction, with its price rising 27% since the start of this week. As of Thursday, MATIC continues to trade higher at $0.52, buoyed by favorable on-chain data that suggests a continued bullish trend.

Coinbase has added Ethereum (ETH) layer-2 Polygon's yet-to-be-launched native token to its listing roadmap. Making the announcement via social media platform X, the top US crypto exchange says it has placed Polygon's POL on its listing roadmap, which the exchange created in 2022 for the purpose of transparency and to prevent front-running of token listings.

MATIC price surges 12-20% to 60-day high ahead of September 4th token migration to POL, with analysts predicting further gains

After three months, Polygon Labs has now secured a replacement for Jack Melnick.

A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets.

Coinbase unveils plans to support Polygon's MATIC to POL upgrade.

The price of MATIC, the token powering Polygon, Ethereum's leading Layer-2 scaling solution, has reached a 60-day high.

Story Highlights The live price of the Polygon coin is . The MATIC price could reach a maximum of $1 in 2024. Polygon price with a potential surge, may reach a high of $9.08 by 2030.

Crypto exchange Coinbase said it would support the Ethereum layer-2 network Polygon planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). On Aug. 21, the exchange announced that it would begin migrating the Polygon ticker from MATIC to POL starting Aug. 26.

TL;DR Coinbase Supports POL: Coinbase will support the Polygon Ecosystem Token (POL) on both the Polygon and Ethereum networks, transitioning from MATIC to POL starting August 26, 2024.

The bulls are accumulating strength as the top cryptos like Bitcoin & Ethereum have raised over a certain range and are trying hard to sustain above the range. While ETH price juggles around a crucial range, other altcoins like Polygon (MATIC) & Cardano (ADA) are displaying acute strength.

Coinbase, the US's biggest crypto exchange by trading volume, added the Polygon Ecosystem Token (POL) to its roadmap. It announced its support for POL on both the Polygon and Ethereum networks, renewing market interest and boosting trading activity.

Chainlink and Polygon tokens show significant gains amid broader crypto market fluctuations, with LINK seeing increased daily profits and MATIC rising ahead of a token migration