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TL;DR Polygon has launched an update allowing users to convert MATIC to POL through the Portal, enhancing the network's functionality and efficiency. The automatic conversion of MATIC to POL will be completed on September 4th for tokens on Polygon PoS and staked on Ethereum, requiring no additional action from PoS users.
The Solana restaking protocol said it would use the new funding to emulate EigenLayer's approach to "shared economic security."
Polygon's MATIC token is currently capturing the attention of investors as it aims for a significant price increase, potentially reaching $0.65 in the near future. This anticipated rally is driven by recent strategic moves within the Polygon network, including a noteworthy transfer of $8.1 million worth of MATIC tokens to Binance.
Polygon's migration from the MATIC token to the POL token is coming soon. Are you ready?
Today, users can upgrade their MATIC to POL through the Polygon Portal Interface. This upgrade is part of Polygon's strategic transition to enhance its network's functionality and efficiency.
The Web3 community is buzzing as Intraverse, in collaboration with Polygon, Thrive Protocol, gears up to launch the September Fest.
Polygon (MATIC) and Shiba Inu (SHIB) are witnessing notable bears following security threats and rising investor scrutiny of risk-based assets in a turbulent market.
The price of the Polygon Ecosystem Token (POL) has started to move within a range after the end of the downturn on August 5.
Avalanche's and zkSync's Discord channels were hacked by cybercriminals as they lured users to click malicious links. Polygon's Discord channel went through the same ordeal on August 24.
MATIC price is currently eyeing a potential rally to 0.65, fueled by recent significant movements within the Polygon network. With MATIC trading around crucial technical levels, the recent transfer of $8.1 million worth of MATIC tokens to Binance exchange by the Polygon Foundation has added another layer of intrigue.
Last week's crypto market recovery defied history that August was predominantly bearish. Bitcoin price gained strength to tap $65,000 from a major crash below $50,000 as investors embraced the Fed's signal for interest rate cuts.
A Polygon foundation-linked wallet deposited 15.49M MATIC to Binance while holding 13M MATIC in staking. MATIC's upcoming upgrade to POL, on September 4th, will play a crucial role in the AggLayer project.
MKgirl tops NFT sales with over US$1.1 million in a single day.
The crypto community was left reeling after the official Discord servers of Polygon, Avalanche and ZKsync were hacked to spread malicious links.
Recent Discord breaches across Polygon, Avalanche, and ZkSync caused major losses and token drops.
Polygon's recent price action has captured significant attention. The cryptocurrency broke through its previous local resistance at $0.43, triggering a notable rally that saw MATIC reach as high as $0.58.
Crypto scammers targeted the Discord servers of several crypto projects over the weekend in a series of attacks.
There is a generally growing occurrence of crypto scams and hacks.
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.
The daily chart showed that the market structure was bullish after the recent move but the weekly chart spelt trouble.
Polygon retreated for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX volume and NFT sales rise Polygon (MATIC) retreated to a low of $0.
Polygon's Discord server has been recovered after a three-hour hijack by hackers targeting the project's community channel.
Polygon's Discord channel was hacked today, with one team member asking users not to click on any links on the group.
The discord channel of the Ethereum sidechain Polygon got hacked today, with the attacker posting phishing links to deceive users. Polygon chief security officer Medhi Gupta alerted users to the hack and warned them not to click on any links until further notice.
