Polygon’s blockchain explorer went down yesterday, Wednesday, February 22, causing a lot of buzz and numerous rumors on Crypto Twitter (CT). The PolygonScan outage caused the impression that no transa...
Tag: Polygon
MATIC Drops 6% as Polygon Labs Slashes Headcount by 20%
Polygon Labs, the group of companies behind the eponymously-named blockchain network, announced it would be cutting its headcount by 20%, per a blog post. The 100 employees that have been laid off wil...
Big Eyes Coin Shatters Presale Records with $30M Raised, Cardano, and Polygon to Battle for Position
Raising 30mn during a crypto winter seems impossible, yet Big Eyes Coin pulls off the impossible and rocks its presale. Is it a shocking preview of what is yet to come? Also, read why Cardana stays ne...
Binance Stablecoin Flipped By Cardano, Polygon As Billions Burn
Binance-branded stablecoin BUSD has taken a beating since issuer Paxos confirmed receipt of an ominous Wells notice from the SEC, falling to ninth place on crypto market cap leaderboards. BUSD is now ...
6 Reasons Why Polygon Is A Blockchain to Watch in 2023
Polygon network has recently started to witness growth, that no other competitor could ever dream of. Late in 2022, most crypto-related headlines were about Polygon and its native token MATIC. Is 2023...
Polygon Hops On The Layoff Bandwagon, Culls 20% Of Workforce
Ethereum Layer-2, scaling solution Polygon, has announced that it has laid off around 20% of its existing workforce, as part of a wider company restructuring, according to sources. The announcement r...
Polygon Labs Reduces Workforce by 20% Amid Wave of Layoffs
11 hours ago | 2 mins read Blockchain News After hearing about the layoffs at Polygon, the price of MATIC fell by as much as 6%. Affected employees would be offered three months’ worth of severance. P...
Breaking: Polygon (MATIC) Defies the Odds, Set to Hit $2 Mark?
The Polygon Matic Coin’s value has skyrocketed in recent days. Following a successful 2022, the network and its token have become extremely popular in 2023. The Matic Coin has already risen to the 9th...
Polygon lays off 20% of staff; Helium sets Solana migration date
Ad The biggest news in the cryptoverse for Feb. 21 saw Polygon announce a mass layoff. Meanwhile, the wireless hotspot project Helium set a date for its migration to Solana. Plus, news on Web3 gaming,...
Polygon Cuts Headcount by 20% Despite Holding $2B in Treasury
A co-founder of Ethereum layer two solution Polygon Labs has announced that the company will lay off 20% of its staff to “unify the company.” According to Sandeep Nailwal, the firm will reduce its he...
zkEVM buzz continues to power Polygon, where is MATIC headed?
The total transaction fees paid on the network quadrupled over the last 30 days MATIC was one of the best-performing currencies in the market in 2023, having leaped 94% since the start of the year On ...
Polygon (MATIC) Price Shows No Signs of Slowing Down
Polygon (MATIC) price surged 20% last week and regained an important long-term support area at $1.31. According to data from CoinGecko, Polygon (MATIC) is currently the eighth largest cryptocurrency b...
Polygon (MATIC) Fires 20% Of Its Workforce, Here’s Why
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce. Sande...
Polygon sacks 20% of staff, says it remains financially healthy
Ethereum (ETH) layer 2 protocol Polygon (MATIC) revealed it has laid off about 20% of its staff, according to a Feb. 21 statement. Polygon added that the job cut affected about 100 positions in the fi...
Polygon Labs Becomes Latest Company to Slash Workforce With 100 Job Cuts
Polygon Labs announced that it will reduce its team by 20% while stating that the company maintains a robust treasury. Meanwhile, the job cut comes shortly after the firm outlined plans at the end of ...
Polygon MATIC price drops as Polygon Labs cuts workforce by 20%
Polygon price (MATIC/USD) has plunged by more than 5% after Polygon Labs, the firm behind the Polygon blockchain announced that it had reduced its workforce by 20%. Polygon earlier last year consolida...
Polygon Labs cuts staff by 20% in consolidation
Polygon Labs announced plans to reduce headcount by 20%, with about 100 staff affected. The firm noted it “consolidated multiple business units” under the Polygon Labs banner earlie...
Bitcoin slips as altcoins lead drop in prices
Markets • February 21, 2023, 8:31AM EST Cryptocurrency prices dipped over the past 24 hours. Altcoins experienced a sharp sell-off, with Polygon’s MATIC down about 5% as the project announced jo...
Polygon Falls As It Holds Above $1.30 Support
Feb 21, 2023 at 12:48 // Price Polygon (MATIC) price is currently in the bullish trend zone. It rose to a high of $1.54 before falling back down. Polygon price long-term forecast: bullish The cu...
Extended Rallies for Avalanche, Polygon, Chainlink and Two Additional Assets Incoming, Predicts Top Crypto Analyst
Popular crypto strategist Michaël van de Poppe is predicting bullish continuations for a handful of altcoins, including Avalanche (AVAX), Polygon (MATIC) and Chainlink (LINK). Van de Poppe tells his 6...
Why Investors Are Rushing To The Orbeon Protocol (ORBN) Presale and Adding Litecoin, Polygon To Their 2023 Crypto Portfolio
In this article, we’ll take a look at why investors are turning to the Orbeon Protocol (ORBN), Polygon (MATIC) and Litecoin (LTC), as potential additions to their 2023 crypto portfolios. Having alread...
Polygon (MATIC) Sets Sights On Cardano’s Spot After Flipping Dogecoin
Polygon (MATIC) has been one of the best performers among the largest cryptocurrencies in the last week. With bitcoin’s run-up above $25,000, MATIC saw tremendous gains that would see it rise above 21...
Polygon (MATIC) About to Overpass Cardano (ADA), Here’s What’s Happening
Gamza Khanzadaev After soaring 60% in 30 days, Polygon (MATIC) is now only 700 million behind Cardano (ADA) in market capitalization Following impressive price action over the past 30 days, the Polygo...
Whales Abruptly Move $282,500,000 in XRP and Polygon (MATIC) in Series of Massive Crypto Transfers
Crypto whales are out in force as a new week arrives, moving a staggering $282.5 million in XRP and Polygon (MATIC). The crypto address tracker Whale Alert spotted a series of mounting transactions in...
Developer of “Words With Friends” shows upcoming Wildcard NFT Game on Polygon
Join Our Telegram channel to stay up to date on breaking news coverage Paul Bettner, a seasoned video game producer who co-created the popular mobile game Words With Friends and contributed to the cre...
Polygon remains bullish despite crypto market’s regulatory concerns
Polygon (MATIC) has been on an uptrend in the past few weeks despite the regulatory uncertainty and the higher-than-expected inflation in the U.S. Polygon’s zkEVM rollout and Web3 activity Polygon ha...
Whales Juggling Polygon (MATIC) Ahead Launch
Polygon (MATIC) price is pumping hard ahead of the launch of its much anticipated zero-knowledge Ethereum Virtual Machine (zkEVM). Polygon prices have surged by a massive 65% over the past 30 days. Ho...
Polygon (MATIC) To Reach New Record, Bullish Ahead Of zkEVM?
Polygon (MATIC) zkEVM News: With the upcoming launch of the Polygon zkEVM rollup, MATIC is all set to break a new record. The cryptocurrency stands as the highest individual gainer among major coins s...
After Accumulating $881,000,000 in Shiba Inu and Polygon, Whales Are Now Targeting Two Ethereum-Based Altcoins
After gobbling up nearly $900 million worth of Shiba Inu (SHIB) and Polygon (MATIC), crypto whales now have their eyes on two other altcoins running on the Ethereum (ETH) blockchain. Blockchain-tracki...
Polygon Labs President Ryan Wyatt: ‘The Next Jeff Bezos Will Come From Web3’
Ryan Wyatt has quickly become a prominent figure in the crypto space since joining Polygon Labs early last year—but he’s arguably better known for his past in gaming and esports. Under the gamer tag F...
This Week in Coins: Bitcoin and Ethereum Recover Modestly as Polygon, Filecoin, OKB See Blistering Gains
This week in coins. Illustration by Mitchell Preffer for Decrypt. Last week was the first real red week of 2023 thanks to an SEC crackdown on Kraken and staking that shook crypto confidence, but most ...
Polygon: Short-term investors outperform long-term holders, here’s how
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion MATIC hit the overbought zone on the lower timefra...