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Polygon

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). 

“Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.

Millions in Polygon's MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows

Cardano

Solana

Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations

Bitcoin

Dogecoin

Ethereum

Crypto's latest crash comes as one of the top global credit rating agencies, Moody's, dropped its outlook on embattled bitcoin and crypto exchange Coinbase from stable to negative—signaling further declines to come

‘Bloodbath'—Sudden $1 Trillion Crypto Crash Sparks Fresh Coinbase Warning And Tanks The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana

Four large-cap digital assets cratered in price this week after the U.S. Securities and Exchange Commission (SEC) labeled them securities in a pair of lawsuits against high-profile crypto exchanges.

Large-Cap Cryptos BNB, Cardano, Solana and Polygon Plunge in Price This Week After SEC Labels Them Securities

Trading giant Robinhood is reportedly delisting a handful of prominent crypto assets in response to the U.S. Securities and Exchange Commission (SEC) suing Binance and Coinbase for allegedly violating securities laws.

Robinhood Delists Solana, Polygon and Cardano, Is Reviewing Crypto Options Post-SEC Lawsuits: Bloomberg

Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S. Securities and Exchange Commission (SEC) enforcement actions against Binance and Coinbase.

Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure

Robinhood Markets Inc (NASDAQ: HOOD), the popular trading platform, has just announced that it will cease support for three prominent cryptocurrencies: Cardano (CRYPTO: ADA), Polygon (CRYPTO: MATIC), and Solana (CRYPTO: SOL). Starting June 27th, 2023 at 6:59 PM ET, these cryptocurrencies will no longer be available for trading on the Robinhood platform.

Robinhood To Ceases Support Of ADA, MATIC, SOL Amid Regulatory Pressure

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.

Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities

Robinhood opted to axe three tokens after the SEC listed them as unregistered securities in their lawsuits against Coinbase and Binance.

Robinhood Moves to Cut Support for Cardano, Polygon and Solana

Robinhood Markets said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges.

Robinhood Markets removes three crypto tokens

Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

This second phase will include a more thorough testing environment to encourage validator participation.

Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

The price of Polygon (MATIC) is declining and is currently below the moving average lines.

Polygon Reaches Oversold Region And Targets Low Of $0.57

Other altcoins—including recent top gaming tokens SAND, MANA, and AXS— are securities too, the SEC argues.

SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit

The U.S. SEC has called 12 tokens securities in a lawsuit against Binance, including BNB, SOL, MATIC and ADA. It did not mention ether.

Solana, polygon, cardano and other tokens are securities, says SEC in Binance lawsuit

Entrepreneur and television personality Mark Cuban is set to release his book titled “How to Win at the Sport of Business: If I Can Do It, You Can Do It”, this week as an NFT using the Polygon (CRYPTO: MATIC) network. What Happened: Book.io announced the partnership with Cuban through a tweet, revealing that Cuban was spurred to work with the company after mentioning NFTs during an episode of the “BanklessHQ” podcast.

Mark Cuban To Release His Book As NFT On Polygon Network This Week

Taurus, a Swiss crypto infrastructure firm, has integrated the Polygon blockchain network for its tokenization and custody platforms.

Credit Suisse-backed Taurus integrates Polygon for its tokenization offering

The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

Billed as a multi-trillion-dollar market, the tie-up will see Taurus turn assets like equity and debt into tokens on the Polygon network.

Swiss Fintech Taurus Taps Polygon in New Tokenization Push

Aave

A popular crypto trader who has remained bearish on the digital asset markets this year is doubling down on his predictions and adding more to his short position on one large-cap token.

Crypto Bear Doubles Down Again, Goes Short on Polygon (MATIC), Solana (SOL), Aave and More

The parent company of one of the biggest cell service providers in the US is becoming a validator on layer-2 scaling network Polygon (MATIC).

T-Mobile's Parent Company Becomes Validator on Polygon (MATIC) Network

Polygon (MATIC) price has risen above the 21-day line SMA but is currently below the 50-day line SMA, indicating a bearish correction.

Polygon Continues Its Upward Trend And Encounters Resistance At $0.94

The chief executive of the world's largest crypto exchange Binance, has predicted China could be about to trigger the next bitcoin price bull run.

‘It's A Big Deal'—Crypto Suddenly Braced For A Huge China Earthquake After Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Swings

The future of crypto lies with gaming, according to Sandeep Nailwal, the co-founder of Ethereum (ETH) layer-2 scaling solution Polygon (MATIC). Nailwal conducted a Reddit ask-me-anything (AMA) session on Thursday and Friday, responding to questions about his project and the crypto space at large.

News for Polygon Crypto (MATIC)