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The Latest Breaking News from Polygon

Circle, Parent Company of USDC, To Bring Euro Stablecoin To Ethereum: Is MATIC Next?

Cryptocurrency firm Circle announced on June 16 that it would be issuing Euro Coin (CRYPTO: EUROC).

Benzinga

Cryptocurrency Polygon Decreases More Than 5% Within 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has fallen 5.99% to $0.41. This continues its negative trend over the past week where it has experienced a 30.0% loss, moving from $0.60 to its current price.

Benzinga

Why Polygon (MATIC) Is Falling Sharply Today

Shares of several popular altcoins, including Polygon (CRYPTO: MATIC), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum

Benzinga

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EXCLUSIVE: Ethereum Layer 2 Boba Network Raises $45M To Scale DeFi — Here's What's Next

While Ethereum (CRYPTO: ETH) is the preferred blockchain for most developers, users, and applications, it struggles to scale with user demand. At peak times, transactions on Ethereum can cost hundreds of dollars, as users essentially bid against each other to process their transactions.

Benzinga

Cryptocurrency Polygon Up More Than 4% In 24 hours

Polygon's (CRYPTO: MATIC) price has increased 4.25% over the past 24 hours to $0.63, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $0.64 to its current price.

Benzinga

Tether Enters Latin America With Stablecoin Pegged To Mexican Peso

Tether (CRYPTO: USDT), the company operating the blockchain-enabled platform tether.to today announced the launch of MXNT, a stablecoin pegged to the Mexican Peso. MXNT tokens will initially support Ethereum, Tron, and Polygon.

Benzinga

Cryptocurrency Polygon Rises More Than 4% In 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price rose 4.18% to $0.69. This continues its positive trend over the past week where it has experienced a 2.0% gain, moving from $0.68 to its current price. As it stands right now, the coin's all-time high is $2.92.

Benzinga

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GameStop Faces Class Action Lawsuit For Alleged Breach Of Labor Law - Read Why

Former GameStop Corp (NYSE:GME) employee Trevon Mack prosecuted the video game retail company in a proposed class-action lawsuit for allegedly violating New York Labor Law, the Polygon reports. Mack and his lawyer asserted that GameStop workers qualify as “manual laborers,” suggesting that 25% of their jobs require manual labor, like organizing stockrooms,…

Benzinga

Cryptocurrency Polygon Rises More Than 4% In 24 hours

Polygon's (CRYPTO: MATIC) price has increased 4.45% over the past 24 hours to $0.71, which is in the opposite direction of its trend over the past week, where it has experienced a 26.0% loss, moving from $0.94 to its current price.

Benzinga

A crypto first? What happens when a blockchain like Terra dies

The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.

The Times of India

BTCS Shares Gain on Q1 Revenue Growth; Becomes First US Bitcoin Company To Declare Dividend

BTCS Inc (NASDAQ:BTCS) reported first-quarter FY22 revenue growth of 776% year-on-year to $0.6 million. The gross margin contracted 300 bps to 76%. BTCS held $11.5 million in cash and equivalents and used $1.06 million in operating cash flow. Dividend: BTCS declared a special one-time $0.05 per share dividend, becoming the first U.S. public company…

Benzinga

Kevin Feige wants you to forget Ms. Marvel is Inhuman in the MCU

In a new interview, Kevin Feige reveals Ms. Marvel is undergoing some fundamental changes in her MCU debut.

Inverse

Want To Buy Crypto? Check Out The Top Movers For Today

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

Benzinga

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Benzinga

Cryptocurrency Polygon's Price Increased More Than 3% Within 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has risen 3.6% to $1.08. This is contrary to its negative trend over the past week where it has experienced a 15.0% loss, moving from $1.27 to its current price.

Benzinga

EXCLUSIVE: Why Tezos Is The Ever-Evolving 'Megatron' Of Blockchain Networks

In its ninth upgrade, Tezos says it has the on-chain governance operational POS model, and interoperability to lead in a Web3 world.

Benzinga

Cryptocurrency Polygon Decreases More Than 3% Within 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has fallen 3.42% to $1.27. This continues its negative trend over the past week where it has experienced a 10.0% loss, moving from $1.42 to its current price.

The Guardian - UK

Pushing Buttons: Need nostalgia? Crank up the new Playdate console

In this week’s newsletter: with its fun gimmicky design and new games every week, this handheld device is taking us back to our Game Boy days

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Axios

Teach yourself crypto in 10 steps with $100

To understand this stuff, a person needs to do some crypto'ing.

Benzinga

India's Ethereum Scaling Project Polygon (MATIC) Pledges $20M To Tackle Climate Change

In a bid to turn environment friendly, Ethereum (CRYPTO: ETH) layer 2 scaling solution Polygon (CRYPTO: MATIC) pledged $20 million to fully offset the impact of its carbon footprints in 2022 as a part of i

Benzinga

Cryptocurrency Polygon Rises More Than 7% In 24 hours

Polygon's (CRYPTO: MATIC) price has increased 7.7% over the past 24 hours to $1.47, which is in the opposite direction of its trend over the past week, where it has experienced a 13.0% loss, moving from $1.65 to its current price.

Benzinga

As We Build Towards Web3, We Need to Shift Our Focus Towards On-Chain KYC Solutions

As Web3 continues to develop, lawmakers and platforms are shifting their focus towards refining KYC, or know-your-customer, which serves as the barrier between Web3’s true calling for decentralization and centralized institution’s concerns for public good.

Benzinga

Cryptocurrency Polygon Decreases More Than 7% Within 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has fallen 7.62% to $1.5. This continues its negative trend over the past week where it has experienced a 13.0% loss, moving from $1.72 to its current price.

Benzinga

Cryptocurrency Polygon Falls More Than 3% In 24 hours

Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has fallen 3.2% to $1.62. This continues its negative trend over the past week where it has experienced a 6.0% loss, moving from $1.72 to its current price.

The Times of India

Explained: New crypto tax rule doesn't differentiate between income slabs, will impact trading volumes

NEW DELHI: Several income tax proposals, including 30 per cent tax on income from trade in cryptocurrencies will come into effect from today. From April 1, 2022, income from transfer of virtual digital assets or cryptocurrencies is taxable at 30 per cent. Such income will be taxable even if taxpayers'…

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