Daily Crypto News & Musings

Latest News and Articles about Polygon

Polygon Founder Warns of Sophisticated Deepfake Scams Targeting Crypto Founders

Polygon Founder Warns of Deepfake Scams Using His Likeness Sandeep Nailwal, co-founder of Polygon, has issued a stark warning about an ongoing scam that’s unnervingly personal: deepfake technology impersonating him and other Polygon executives to deceive unsuspecting crypto founders. Deepfake scams using Polygon executives’ likeness Scammers hack Telegram accounts to target crypto founders Victims urged […]

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Polygon Founder Predicts Thousands of Niche Blockchains with Agglayer Unification

Polygon Founder Envisions a Future of Thousands of Niche Blockchains Sandeep Nailwal, the visionary founder of Polygon, predicts a future where the blockchain landscape is dominated by thousands of custom-built, application-specific blockchains (appchains). These specialized networks are designed to cater to highly specific use cases, offering unparalleled customization and functionality. To ensure these myriad chains […]

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Revolut Refuses $1,500 USDC Reimbursement After Transfer Error Sparks Crypto Risk Debate

Revolut’s Refusal to Reimburse $1,500 USDC Loss Sparks Debate on Crypto Transfer Risks Tzoni Raykov, a Bulgarian oil engineer, lost $1,500 in USDC after a transfer error to his Revolut account. The loss was due to using the “Polygon (bridged)” network, converting his USDC into USDC.e, which Revolut does not support. Despite a successful test […]

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Altcoins Like Cardano, Solana, Polygon Poised for 2X-5X Growth Post-April Shake-Up

Altcoins Set to Surge After April’s Market Shake-Up The cryptocurrency market’s volatility in April has opened up new avenues for growth, with altcoins like Cardano (ADA), Solana (SOL), and Polygon (MATIC) showing potential for 2X to 5X increases in value. While opportunities abound, the inherent risks of investing in altcoins remain a significant factor to […]

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Polygon Surges Past Bitcoin and Solana in NFT Sales, Driven by Courtyard Collection

Polygon Surges in NFT Sales Volume, Outpacing Bitcoin and Solana Polygon has recently surged past Bitcoin and Solana in daily NFT sales, reaching a significant volume of $2.8 million, up 140% from the previous day. This impressive growth is largely driven by the Courtyard NFT collection, which alone accounted for over 80% of Polygon’s NFT […]

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Polygon Co-Founder Donates Over $90M to Healthcare via BFI

Polygon Co-Founder’s $90M+ Donation to Healthcare Through BFI Sandeep Nailwal, the visionary co-founder of Polygon, has made a significant impact on healthcare through his organization, Blockchain For Impact (BFI), with over $90 million invested in healthcare innovation, biomedical research, and climate resistance efforts. This showcases a remarkable example of how crypto philanthropy can transform real-world […]

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Lumia and SEN Group Unveil $220M Istanbul Towers on Polygon Blockchain

Exclusive: Lumia and SEN Group Launch $220M Lumia Towers in Istanbul, Pioneering Real Estate Tokenization with Polygon’s Blockchain Lumia and SEN Group are breaking new ground with the launch of Lumia Towers, a $220 million real estate project in Istanbul, Turkey, that promises to revolutionize real estate investment through tokenization. $220M Lumia Towers in Istanbul […]

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Compound Boosts DeFi Presence with Morpho Vaults on Polygon

Compound Launches Morpho-Powered Lending Vaults on Polygon: A Strategic Move in DeFi On March 13, 2025, Compound introduced new lending vaults on the Polygon network, leveraging Morpho’s advanced lending infrastructure. This strategic move aims to enhance Compound’s offerings and regain market share in the competitive DeFi landscape, showcasing the dynamic nature of the sector. Compound […]

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Mercado Bitcoin and Polygon Target $200M in Tokenized Assets in Latin America by 2025

Mercado Bitcoin’s Bold Move: Partnering with Polygon to Tokenize $200M in Latin America Mercado Bitcoin, one of Latin America’s leading cryptocurrency exchanges, has embarked on an ambitious journey by partnering with Polygon Labs to drive the tokenization of real-world assets (RWAs) across the region. The goal is to issue over $200 million worth of tokenized […]

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Polymarket Hits $10B in Bets, Boosts Polygon’s USDC and Transaction Volume

Polymarket Surges Past $10B in Prediction Market Volume, Boosts Polygon’s USDC Usage Polymarket hits $10B in prediction positions Polygon sees surge in daily transactions USDC usage on Polygon boosted Questions arise over POL token’s revival Polymarket, a decentralized prediction market platform, has recently crossed a significant threshold, surpassing $10 billion in total bets. This milestone […]

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Polygon and Reliance Jio Join Forces to Boost Blockchain Adoption in India

Polygon and Reliance Jio Partner to Revolutionize Digital Experiences for 450 Million Indians – Polygon Labs and Reliance Jio collaborate to integrate blockchain and Web3 into India’s largest telecom network. – POL token surges 5% following the partnership announcement. – The move aims to drive blockchain adoption and enhance Jio’s digital services. Polygon Labs, a […]

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Polymarket Rebounds on Polygon: Sports Betting Drives $543M Surge After Election Slump

Polymarket’s Comeback: Sports Betting Fuels Growth in Decentralized Prediction Markets on Polygon Polymarket has made a significant recovery after a post-U.S. election slump, driven primarily by a surge in sports betting. This resurgence has not only revitalized the platform but also significantly impacted the Polygon network. Polymarket rebounds with a focus on sports betting. Platform […]

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