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Bakkt Takes Proactive Measures, Delists Polygon, Solana, and Cardano Amid Regulatory Crackdowns
16.6.2023
According to a Fortune report published on June 16, the cryptocurrency asset platform Bakkt is delisting three cryptocurrencies due to the current regulatory climate. Bakkt’s general counsel stated that the platform will expand its coin offering once there is “further clarity.”...
Bakkt follows Robinhood, eToro in delisting major altcoins: Report
16.6.2023
Bakkt reportedly suspended trading of Solana, Polygon, and Cardano -- tokens the U.S. SEC recently deemed securities
Following Second Arrest, Trump NFT Project Says 'NOW' Is Time to Claim Prizes
15.6.2023
Two days after Donald Trump became the first U.S. president to be charged with a federal crime, his NFT project, Trump Digital Collectible Cards, let people know that it was not letting his second arrest stop them from awarding prizes associated with the project
Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%
15.6.2023
Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin plunged to a three-month low today. Polygon...
Polygon Labs Rolls Out Open Database for Blockchain Use Cases
15.6.2023
Polygon Labs, the Ethereum scaling platform, has launched an open database showcasing positive use cases of blockchain on any application
Price analysis 6/14: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
14.6.2023
The entire crypto market awaits the result of todays Federal Reserve presser, and traders are hopeful that positive news will trigger a price breakout to the upside
Collaboration alert: Polygon, Flipkart & Hang
14.6.2023
Polygon Labs has partnered with Flipkart, a major digital commerce entity, and Hang, a leading loyalty platform, to create a specialized loyalty program. This collaboration has the potential to introduce millions of new users to Web3, an emerging technology. The program, known as FireDrops...
Polygon Labs requests a new ‘exchange’ definition from the SEC
14.6.2023
The US Securities and Exchange Commission recently sought a revised definition of ‘exchange’. The Commission has urged ventures to qualify for the category only after all the individuals or entities running the processor to facilitate communication have registered with them. While this may sound...
Bitcoin gets closer to '51% attack' on altcoin market
13.6.2023
Bitcoin's market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?
Polygon in the process of creating the Value Layer
13.6.2023
Polygon is in the process of creating the Value Layer for the internet, which will allow a user to build, as well as share and program the Value Layer. This is similar to the internet offering the option of building and sharing information. The internet is known to establish connectivity with...
Best Crypto to Buy Now 12 June – Polygon, Aptos, ApeCoin
13.6.2023
The regulation of the financial markets in the United States could undergo a significant shift in the coming days as Republican congressmen propose a radical alteration of the Securities and Exchange Commission's (SEC) governance structure through the "SEC Stabilization Act."...
Read More: Best...
eToro US Customers Will No Longer Be Able To Open New Positions in ALGO, MATIC, MANA and DASH
13.6.2023
US customers using social investing platform eToro US will no longer be able to open new positions in Algorand, Decentraland, Dash and Polygon after those cryptocurrencies got caught in a US regulator’s crosshairs.
Beginning on July 12, customers will no longer be able to open those new positions...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
12.6.2023
According to Polygon Labs, Polygon 2.0 will enable users to create, exchange and program value on the internet
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
12.6.2023
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market
Polygon Takes Wraps Off Version 2.0
12.6.2023
The protocol calls the latest version “the value layer of the Internet.”
Defying SEC: Solana, Cardano, and Polygon Disagree with 'Security' Label
12.6.2023
In an ongoing battle against the Securities and Exchange Commission (SEC), Solana, Cardano, and Polygon have united forces to challenge the classification of their cryptocurrencies as securities.
This comes as lawsuits unfold against major exchanges Binance and Coinbase, these prominent projects...
Robinhood Reports 68 Percent Decline in Crypto Trading Compared to 2022
12.6.2023
Robinhood Markets Inc. reported on Monday that crypto trading plummeted 68 percent compared to the previous year.
Crypto trading was close to $2.1 billion in May 2023 compared to $6.6 billion just a year before, the mobile focused brokerage firm said in its report on monthly operating data. ...
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
12.6.2023
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...
Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting
10.6.2023
Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start...