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The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s … Read more
As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find. Go to Source
Polygon’s (MATIC) whale activity has skyrocketed by an astonishing 16,263% as the network gears up for a significant upgrade on September 4th. This upgrade will see MATIC transition to POL, which will serve as the new native token for gas fees and staking on the Polygon Proof-of-Stake (PoS) network. 🚀🐳 Crypto Alert! #Polygon’s (MATIC) whale … Read more
Polygon’s Q2 2024 financial report reveals a mixed bag of outcomes. While some metrics from the income statement have shown a decline compared to the previous quarter, the overall performance of the network and ecosystem demonstrates strong growth and resilience. Increasing Polygon MATIC Holders One of the standout figures is the continuous rise in the … Read more
Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume. Go to Source
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that enhance the Polygon and Ethereum ecosystems. Polygon Community Treasury to Release $1B in Grants Over the … Read more
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems. Go to Source
The value of Polygon (MATIC) has experienced a downturn after reaching its peak at $0.88 last week. The overall decline of 9% has raised concerns among investors, leading to a prevailing pessimistic sentiment surrounding the future trajectory of the Polygon cryptocurrency. The current bearish trend zone suggests that an immediate upswing is unlikely. The price, … Read more
Following a significant surge in recent weeks, investors are optimistic about the continued bullish momentum of Binance Coin (BNB). Reports from coin98 analytics indicate that the BNB chain stands out, boasting the highest number of total addresses created among popular blockchains, reaching 413 million with an impressive growth rate of 74%. Polygon’s native cryptocurrency, MATIC, … Read more
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS. Go to Source
