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Polygon

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). 

Polygon Labs, the Ethereum scaling platform, has launched an open database showcasing positive use cases of blockchain on any application.

Polygon Labs Rolls Out Open Database For Blockchain Use Cases

Algorand

Dash

Decentraland

Popular social trading platform eToro is halting purchases of layer-2 scaling solution Polygon (MATIC), smart contract platform Algorand (ALGO) and two other altcoins after a US regulator labeled them as securities.

Trading Giant eToro Halts Purchases of Polygon (MATIC), Algorand (ALGO) and Two Other Altcoins Amid SEC Crackdown

The price of Polygon (MATIC) has fallen to the low predicted by the price indicator.

Polygon Bounces Above $0.60 And Reaches Bearish Boundary

Social investing platform eToro will delist a selection of cryptocurrency tokens for its U.S. customers. What Happened: The company will no longer allow U.S. customers to open new positions in Algorand (CRYPTO: ALGO), Decentraland (CRYPTO: MANA), Dash (CRYPTO: DASH), and Polygon (CRYPTO: MATIC).

SEC Jolts eToro Into Ditching Coins: What It Means For ALGO, MANA, DASH And MATIC

The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: eToro Delists 4 SEC Targeted Tokens for U.S. Customers

eToro, a leading social trading platform, has delisted four crypto assets for U.S. customers, citing recent developments.

eToro to delist Polygon, Decentraland, Dash and Algorand on US platform

Polygon 2.0 will provide a multi-chain network of ZK-powered Layer 2 chains that can securely interact with each other.

Polygon unveils plan to build network of ZK-based Layer 2 chains

The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings.

Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape'

eToro emphasized that the changes will only affect U.S. customers and assured its commitment to the crypto industry.

eToro Delists Crypto Assets Deemed Securities by SEC

The move follows a similar pull-back from stock and crypto trading app Robinhood.

eToro to Halt Polygon, Algorand, Decentraland, and Dash Purchases for US Customers

The protocol calls the latest version “the value layer of the Internet.”

Polygon Takes Wraps Off Version 2.0

Cardano

Solana

The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed.

SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations

The Securities and Exchange Commission's (SEC) recent crackdown on major crypto exchanges such as Coinbase Inc (NASDAQ:COIN) and Binance has had a wide-reaching impact on various cryptocurrencies. In response to the SEC's increased scrutiny, some exchanges like Robinhood Inc (NASDAQ:HOOD) have even gone so far as to delist certain tokens, including Polygon (CRYPTO: MATIC).

What MATIC Did After Polygon Foundation Responded To SEC's 'Security' Label

Robinhood Markets, the popular online brokerage, has announced the removal of three cryptocurrency tokens from its platform.

Robinhood Delists Crypto Assets Deemed Securities by SEC

Although all disagreed, each organization tied to the trio of tokens show varying levels of conviction.

Solana, Cardano, Polygon Push Back Against SEC 'Security' Label

Dogecoin

Shiba Inu

The cryptocurrency space was swathed in a sea of red Saturday morning, as most altcoins pulled back sharply. What Happened: The sharp pullback came amid the SEC's lawsuits against cryptocurrency exchanges Binance and Coinbase Global, Inc. (NASDAQ:COIN).

Crypto Mayhem On Saturday: Why Polygon, Solana, Dogecoin, Shiba Inu, And Other Altcoins Are Tumbling

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 the weekend.

Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting

“Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.

Millions in Polygon's MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows

Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations

Bitcoin

Ethereum

Crypto's latest crash comes as one of the top global credit rating agencies, Moody's, dropped its outlook on embattled bitcoin and crypto exchange Coinbase from stable to negative—signaling further declines to come

‘Bloodbath'—Sudden $1 Trillion Crypto Crash Sparks Fresh Coinbase Warning And Tanks The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana

Four large-cap digital assets cratered in price this week after the U.S. Securities and Exchange Commission (SEC) labeled them securities in a pair of lawsuits against high-profile crypto exchanges.

Large-Cap Cryptos BNB, Cardano, Solana and Polygon Plunge in Price This Week After SEC Labels Them Securities

Trading giant Robinhood is reportedly delisting a handful of prominent crypto assets in response to the U.S. Securities and Exchange Commission (SEC) suing Binance and Coinbase for allegedly violating securities laws.

Robinhood Delists Solana, Polygon and Cardano, Is Reviewing Crypto Options Post-SEC Lawsuits: Bloomberg

Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S. Securities and Exchange Commission (SEC) enforcement actions against Binance and Coinbase.

Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure

Robinhood Markets Inc (NASDAQ: HOOD), the popular trading platform, has just announced that it will cease support for three prominent cryptocurrencies: Cardano (CRYPTO: ADA), Polygon (CRYPTO: MATIC), and Solana (CRYPTO: SOL). Starting June 27th, 2023 at 6:59 PM ET, these cryptocurrencies will no longer be available for trading on the Robinhood platform.

Robinhood To Ceases Support Of ADA, MATIC, SOL Amid Regulatory Pressure

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.

News for Polygon Crypto (MATIC)