Karate Combat Token to Debut on First-Ever Hedera L2

February 21, 2025 Bitcoin.com

bitcoin.com

The Hedera blockchain’s first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat’s official token. Agglayer to Power Karate Combat Token Launch on UP The Karate Combat token (KARATE) which is already available on Hedera and Ethereum is now slated to launch on […]

Polymarket faces scrutiny over M Ukraine mineral deal bet

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Trader Predicts Ethereum-Based Altcoin Could Explode by Over 2,400%, Updates Outlook on Bitcoin

December 31, 2024 The Daily Hodl

Altcoins

A chart pattern suggests an Ethereum (ETH) layer-2 scaling solution altcoin could surge by 2,400%, according to a popular crypto analyst. The trader Ali Martinez tells his 105,800 followers on the social media platform X that Polygon (MATIC) has been building a multi-year descending triangle since 2021. “This pattern shows lower highs pressing towards a […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Aave DAO considers exiting on Polygon after proposed bridge

December 16, 2024 Coin Telegraph

Aave

Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.

The Aave community is deliberating the possibility of ceasing operations on Polygon, citing concerns over an upcoming review of the risk profile of bridged assets on the network.

A Dec. 13 proposal initiated by Aave chain founder Marc Zeller seeks the revision of risk parameters of instances in Aave v2 and Aave v3 on the Polygon network.

According to Zeller, the move is a response to a proposal on Polygon’s governance requesting to use over $1 billion in stablecoin reserves to farm on other protocols, like Morpho and Yearn.

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Crypto Analyst Predicts Big Dogecoin Rally After DOGE Prints Bullish Pattern – Here’s His Price Target

November 21, 2024 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) has massive upside potential after a breakout. Analyst Ali Martinez tells his 85,200 followers on the social media platform X that DOGE may continue to surge after printing a bull flag pattern on the four-hour timeframe. In technical analysis, a bull flag is viewed […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

BlackRock Announces BUIDL Expansion Across Aptos, Arbitrum, Avalanche, Optimism and Polygon

November 13, 2024 The Daily Hodl

Altcoins

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company’s on-chain money market fund, across five new blockchains. According to an announcement by real-world asset tokenizing firm Securitize, BlackRock’s brokerage partner, BUIDL will be expanding to layer-1 blockchains Aptos (APT) and Avalanche (AVAX) as well as layer-2 scaling solutions Arbitrum (ARB), […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

November 1, 2024 The Daily Hodl

Altcoins

Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Stripe To Roll Out Support for USDC Payments on Ethereum, Solana and Polygon in Over 150 Countries

October 10, 2024 The Daily Hodl

Altcoins

Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains. In a new post on the social media platform X, Jeff Weinstein, the head of products at Stripe, says that crypto assets are officially back on the platform and will be available for use in […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

This Week’s NFT Sales See 10% Growth After Difficult September

October 5, 2024 Bitcoin.com

Bitcoin

Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M in Sales, Ethereum Tops $27M Over the past […]

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm

September 21, 2024 The Daily Hodl

BingX

New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has […]

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Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Real-world asset tokenization is the crypto killer app — Polygon exec

September 19, 2024 Coin Telegraph

Coin Telegraph

According to Colin Butler, financial institutions that don't embrace blockchain technology will lose their relevancy and competitive edge.

Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult for traditional financial institutions to ignore.

"This technology is a massive disruptor for the entire global financial system," Butler said — before outlining the capital efficiencies and business opportunities for all financial institutions embracing the shift to tokenized assets.

The Polygon executive explained that the cost-cutting benefits enable financial firms to consider new business models that were previously unfeasible due to highly competitive markets and slim margins.

polygon