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TL;DR Polygon Labs proposed a novel regulatory framework. It advocates for considering DeFi protocols as “critical infrastructure” vital for the national and economic security of the United States. Truly decentralized DeFi protocols would be overseen by the Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) of the U.S. Department of the Treasury.
Legal experts from Polygon Labs and Arktouros have recommended that neutral, truly decentralized DeFi protocols be classified as “critical infrastructure.”
Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US.
Polygon Labs has proposed a regulatory framework designating decentralized finance (DeFi) protocols as "critical infrastructure" in the United States. Find out how this proposal aims to enhance security and oversight in the DeFi space.
Decentralized finance protocols should be seen as “critical infrastructure” to United States national and economic security, according to Polygon's legal team.
Polygon zkEVM is set to transition from a Type 3 zkEVM to a Type 2.
NFT marketplace Magic Eden has launched a multi-chain wallet supporting the Solana, Polygon, Bitcoin and Ethereum blockchains.
At the commencement of the new year, NFT sales saw a slight dip of 1.31%, followed by a marginal rise of 0.05% in the subsequent week. However, the most recent week marked a substantial 5.05% decrease in digital collectable sales, reaching a total of $228,327,660, making it the steepest decline in 2024.
Polygon (MATIC), one of the large-cap cryptocurrencies, has been scrambling with a major price drop lately. However, a crypto analyst has rolled out an optimistic prediction for the Polygon price.
Polygon founder Sandeep Nailwal explains two key factors for Web3's long-term success in comparison to the current internet.
The crypto space received a fresh bullish push, with the major tokens surging above their respective resistance levels. Alongside, Polygon is also trying hard to trigger a strong rebound from the interim support, which suggests an extended upswing could be underway.
In the dynamic landscape of blockchain technology, Polygon zkEVM is making headlines with its latest announcement of a significant upgrade. The upgrade is not just another addition to its series of enhancements but a transformative leap that aligns it more closely with the Ethereum mainnet, marking a new era for developers and users alike.
Let's check the details of the eagerly anticipated Polygon zkEVM Upgrade and MATIC price in this price analysis
Polygon zkEVM has teased a new upgrade poised to introduce a paradigm shift for developers building on the smart contract outfit. The New Polygon zkEVM Upgrade Since its inception, the Polygon zkEVM protocol has recorded some updates that changed structural effects on its chain.
The crypto industry continues to display significant price volatility as major tokens record constant fluctuations in their respective portfolios. Further, the Matic price has experienced a jump of over 4% within the past 24 hours, indicating a bullpower in the market. The Polygon price traded in a closed range between $0.9458 and $1.
TL;DR Polygon Labs and Warner Music Group announce MITH and Muus Collective as the grant recipients for the Web3 Music Accelerator program. MITH is a fan engagement platform that uses blockchain, AI, and digital collectibles to provide insights, rewards, and perks for artists and fans.
Layer-2 network Polygon is reported to have competed with Ethereum in 2023, as both networks saw the most influx of new users. This development has once again raised concerns about MATIC's price, considering that such an achievement should potentially mean that new money moved into the ecosystem last year.
From AltLayer airdropping millions of tokens to Base struggling to acquire users, here is a 2-minute breakdown of everything important that happened in crypto today.
The panorama of blockchain transactions in 2023 according to the latest data
TL;DR Polygon's Growth: Polygon, initially a scaling solution for Ethereum, saw a meteoric rise in 2023 Influence on DeFi Sector: The growth of Polygon's user base is significant in the context of the Decentralized Finance (DeFi) sector.
From DOGE reaching weekly highs to Hayes predicting Bitcoin crash to $30k, here is a 4-minute breakdown of everything important that happened in crypto this week.
Blockchain analytics firm Flipside has reported that Polygon, an Ethereum scaling solution, came close to matching Ethereum's user base in 2023, with both platforms boasting over 15 million acquired users each. Bitcoin, on the other hand, trailed behind with 10.65 million users.
2023 marked a significant shift in blockchain user preferences and adoption patterns. Polygon, a rising star in the blockchain world, showcased remarkable growth in user acquisition.
Blockchain analytics firm Flipside reported that Polygon, a Layer-2 scaling network for Ethereum, nearly matched Ethereum in terms of user acquisition in 2023.
