MATIC


Tech

Polygon Begins Token Swap, in Move to Allow More Issuance

The migration from Polygon's MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Tech

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

The migration to POL from MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Policy

SEC Intends to Amend Complaint in Binance Case

Third-party tokens are digital assets alleged to be unregistered securities by the SEC that were issued by various companies not named Binance.

SEC Chair Gary Gensler (Nikhilesh De/CoinDesk)

Tech

Polygon Sets September Date for Migration to POL Token from MATIC

The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.

Polygon co-founders Sandeep Nailwal (left) and Mihailo Bjelic (Polygon Labs)

Finance

Reddit Discloses Bitcoin and Ether Holdings in IPO Filing

The company also acquired ether and Polygon "as a form of payment for sales of certain virtual goods.”

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.” (Brett Jordan/Unsplash)

Markets

Why Polygon's MATIC Token Has Lagged During Past Year's Crypto Rally

MATIC was overvalued at the start of the ongoing crypto bull run, one observer said.

Polygon co-founders Sandeep Nailwal, Jordi Baylina and Antoni Martin (Polygon)

Tech

Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.

Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)

Tech

POL Contracts Go Live on Ethereum Mainnet as Part of Polygon 2.0

POL token will power every blockchain that runs atop the Polygon network.

Polygon APIs will soon be available on The Graph. (Aquaryus15/Unsplash)

Tech

Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members

The committee will consist of 13 people including officials from Coinbase and the Ethereum Foundation.

(Polygon Labs)

Markets

Deribit to List XRP, SOL, and MATIC Options; Seeks License in EU

Deribit controls over 85% of the global crypto options market.

(Creative Commons, modified by CoinDesk)

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