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Polygon News
Cryptonews
49m
58
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BlackRock’s BUIDL Fund to Expand to New Blockchains Like Aptos, Avalanche and More
- BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has expanded to multiple blockchains, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, to boost accessibility and support its multi-chain tokenisation strategy.
- The expansion aims to provide broader access for investors, DAOs, and digital asset firms, offering features like on-chain yield, dividend accrual, and near-instant peer-to-peer transfers.
- BNY Mellon supports the expansion by serving as the fund's custodian and administrator across all platforms.
- Since its launch, BUIDL has become the largest tokenised fund by assets under management within 40 days.
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3 Likes
Siliconangle
5h
186
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0G Labs raises $40M to advance development of decentralized AI Operating System
- 0G Labs has raised $40 million in seed funding and received a $250 million liquid line token purchase commitment.
- The company is developing a decentralized AI Operating System called dAIOS that aims to enhance AI applications using blockchain technology.
- dAIOS platform features include high-speed data availability, modular data storage and processing, and decentralized AI computations.
- 0G Labs is also working on a Uni-Chain architecture to enhance interoperability between different blockchain networks.
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11 Likes
Coin Telegraph
2d
141
Image Credit: Coin Telegraph
Polygon’s AggLayer adopts Agora’s AUSD as native currency
- Agora's AUSD stablecoin has been adopted as the native currency for Polygon's AggLayer.
- The partnership aims to simplify and unify liquidity for developers and end-users in the AggLayer community.
- By integrating AUSD, users can benefit from reduced transaction costs and smoother crosschain interactions.
- AUSD provides a reliable store of value and stable payment method for developers building applications on AggLayer.
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8 Likes
Crypto-News-Flash
7d
324
Image Credit: Crypto-News-Flash
POL Drops to New Lows Despite Polygon’s TVL Growth: A Potential Investment Opportunity?
- Polygon's native digital asset, POL, has dropped to new historical lows.
- Despite the price drop, Polygon's Total Value Locked (TVL) has been growing.
- The low price and oversold level indicate a potential rebound in POL's price.
- Polygon's continuous growth and developments suggest a promising investment opportunity.
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19 Likes
Crypto-News-Flash
1w
127
Image Credit: Crypto-News-Flash
Celebrating Aragon and Polygon’s Enduring Partnership in the Ethereum Ecosystem
- The Aragon Foundation has announced a new Strategic Council, led by reputable builders from the Ethereum ecosystem, including Polygon founder Sandeep Nailwal.
- The council will define the Foundation's strategy, allocate funds for development, and guide builders deploying their applications on Aragon.
- Members of the council include the founder of Steakhouse Financial, the head of research at Lido, and the founder of Blockchain Lawyers Group.
- Aragon and Polygon have been partners since 2016, and the members expressed their excitement at being part of the project's future.
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7 Likes
TheNewsCrypto
3w
83
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Polygon (POL) and Tron (TRX) Face a New $0.03 Competitor Expected To Rise to $100 by End of 2024
- A newcomer in the cryptocurrency world is set to shake up the market, with expectations of reaching $100 by the end of 2024.
- CYBRO, built on the Blast blockchain, aims to maximize crypto earnings and offers various features like yield farming and AI-powered portfolios.
- POL's price remains stable with limited growth potential, while TRON (TRX) eyes the $0.17 resistance level after a 7% monthly gain.
- CYBRO stands out as a promising DeFi platform, attracting interest from investors and influencers in the crypto space.
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5 Likes
Cryptoslate
8h
49
Image Credit: Cryptoslate
BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion
- BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expands to multiple blockchain networks including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.
- The expansion strengthens BlackRock's tokenization efforts and allows easier access to BUIDL for users and applications in these blockchain ecosystems.
- The fund offers features such as on-chain yield, flexible custody, real-time transfers, and on-chain dividend accrual and distribution.
- BNY Mellon, the fund's administrator, supports the expansion and continues to act as custodian for the additional blockchain networks.
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2 Likes
Crypto-News-Flash
3d
214
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Polygon AggLayer Summit in Bangkok: Blockchain Leaders Tackle Web3 and POL Surges 30%
- The Polygon AggLayer Summit in Bangkok is focused on solving blockchain fragmentation and improving cross-chain interoperability.
- The summit aims to shape an integrated and efficient future for Web3, with discussions on scalability and secure connectivity.
- Polygon's AggLayer solution aims to unify liquidity and improve asset movement across chains, making Web3 more accessible and efficient.
- Polygon's native POL token has surged 31% in a week, reflecting market confidence in the ecosystem's advancements.
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12 Likes
Coinpedia
4d
386
Image Credit: Coinpedia
Polygon (POL) Price Targets $0.50 with Channel Breakout
- Polygon (POL) price has surged 35% this week, challenging falling channel resistance.
- MACD bullish crossover signals rising momentum for a breakout.
- A breakout above $0.41 could lead to the $0.50 psychological level.
- The immediate resistance at $0.50 for the POL price trend coincides with the dynamic 200-day SMA.
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23 Likes
99Bitcoins
6d
140
What’s Going on With Polygon? Here’s The Polygon News You Missed While Losing on Pump.Fun
- Polygon (POL) price experienced volatility as it hit a new all-time low of $0.285 during the US presidential election.
- Polygon's price performance has not reflected its popularity, hosting apps like Polymarket and EARNM.
- Polygon has undergone updates, including the AggLayer project, aimed at improving its multi-chain ecosystem and network efficiency.
- Despite the price slump, Polygon's stablecoin market cap and total value locked (TVL) have increased, indicating faith in its real-world use and potential for DeFi dominance.
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8 Likes
Crypto-News-Flash
2w
165
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Polygon Now Supports ERC-7683 to Boost Cross-Chain Interoperability
- Polygon has integrated ERC-7683 across its core platforms to boost cross-chain interoperability.
- The integration simplifies asset transfers and enhances liquidity without the need for external bridges or wrapped tokens.
- The AggLayer allows seamless movement of assets between blockchains, improving user experience and reducing security concerns.
- This integration opens up opportunities for decentralized applications, particularly in the gaming sector.
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9 Likes
Crypto-News-Flash
2w
96
Image Credit: Crypto-News-Flash
Polygon’s Bullish Momentum Faces Key Resistance – Will POL Breakout?
- Polygon (POL) is facing key resistance at $0.4477, determining the next breakout.
- Crowd and smart money indicators reflect growing bullishness in Polygon (POL).
- Rising network activity and on-chain metrics suggest a potential upward move.
- A breakout above the $0.4477 resistance level is crucial for Polygon (POL) to gain momentum.
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5 Likes
Bitcoinist
3w
332
Image Credit: Bitcoinist
Tokenization Unstoppable: Mega Whale Holds 3 Tons of Gold Onchain
- A wallet holds over $250 million in Tether Gold, which is approximately 3 tons of gold.
- The owner of the tokenized gold stash remains unknown, but it is speculated to belong to RhinoFi.
- Tokenization of assets, including gold, real estate, and treasuries, is gaining traction.
- BlackRock has tokenized over $2.4 billion worth of United States treasuries and manages over $550 million of tokenized treasuries.
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20 Likes
Crypto-News-Flash
3w
386
Image Credit: Crypto-News-Flash
Secure Payments Made Simple: Stripe Launches USDC Payments Across 150+ Countries with Polygon PoS
- Stripe is in talks to acquire Bridge, a stablecoin fintech platform.
- Bridge recently raised $40 million in a Series A funding round.
- Stripe has launched stablecoin payments in 150+ countries with Polygon PoS.
- Stripe's integration with stablecoins aims to simplify international transactions.
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23 Likes
Bitcoinist
3w
291
Image Credit: Bitcoinist
Polymarket Is “Good” But Critic Picks Out This One Big “Ethical” Problem
- Polymarket, a predictions market on Polygon, is gaining attention for its activity and involvement in tracking the US presidential campaign.
- Recent data shows Trump leading in predictions, with a 61% chance of winning compared to Harris' 39%.
- An analyst suggests that Polymarket is misleading users by not revealing the true open interest, which is estimated to be around $200 million.
- The analyst criticizes Polymarket for prioritizing volume over transparency, potentially making it difficult for users to accurately assess risks.
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17 Likes
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