Tag: polygon

The recent actions taken by the United States Securities and Exchange Commission (SEC) against two of the largest crypto exchanges, Binance and Coinbase, have elicited responses from professionals throughout the crypto sector.

Binance is facing a lawsuit from the United States Securities and Exchange Commission (SEC), which has classified a minimum of 61 cryptocurrencies as securities, impacting tokens worth $100 billion in the market.

According to Sandeep Nailwal, co-founder of Polygon, although speculation has been a double-edged sword for crypto, legitimate use cases will eventually emerge.

The year 2022 proved to be a difficult one for the cryptocurrency and altcoin market, marked by the downfall of Terra and FTX, which had a significant impact on the industry. As a result, most digital assets suffered significant losses and are currently trading at a discounted value.

Cryptory.net - Polymarket is a prominent prediction market project that allows users to bet on the future of matters they care about.

Polygon (MATIC) price broke the short-term pattern but is still trading above the horizontal support area.

Cryptory.net - Last month, Polygon overtook Hive to become the second largest gaming blockchain after user activity surged, partly thanks to the Hunters On-Chain RPG.

According to statistics, NFT sales in March were 31.42% lower than the previous month, down from $1.03 billion in February to $882.89 million.

Bitcoin and many top altcoins continue to plunge on the latest news of Silvergate bank.