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Polygon (MATIC) News



Matic

MATIC withdrawals and deposits are temporarily suspended on Binance

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The popular cryptocurrency exchange Binance announced last night that the deposit and withdrawal of coins from the Polygon - MATIC project will be temporarily suspended. This information was also confirmed by the developers of the digital asset directly. The prehistory of the current situation lies...

Polygon MATIC investment round

Polygon Raised $450 M in a Round Led by Sequoia

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Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...

Polygon MATIC upgrade

Polygon’s MATIC Becomes Deflationary After the EIP 1559 Launch

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The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol. With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee...

Polygon ZK day Mir

Polygon’s Exciting News Is the Purchase of the Startup Mir

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During the ZK summit, Polygon unveiled the big news it said was coming. That is the purchase of a startup, working on Ethereum scaling, Mir for $400 M. Previously, the Polygon team said it had exciting news to unveil. Mihailo Bjelic, Jaynti Kanani and Sandeep Nailwal, Polygon’s co-founders, spoke...

Polygon MATIC announcement

Polygon Has Huge News to Reveal on December 9

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Ethereum scaling solution Polygon will hold a discussion on Zero-Knowledge rollups on Dec. 9, which the platform refers to as the ZK day. Polygon revealed the news via Twitter on Dec. 2. Ethereum creator Vitalik Buterin will participate in the event. Also, on that day, the company will reveal a...