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Polygon’s hard fork cuts consensus time to one second, supports Fusaka EIPs and lays the groundwork for stablecoin and RWA-focused scaling. Blockchain network Polygon rolled out its latest protocol upgrade, known as the Madhugiri hard fork, which aims to achieve a 33% increase in network throughput and reduce block consensus time to one second. Polygon…
Prediction markets are rapidly going mainstream, and one expert argues that their simplicity could make them the first DeFi tool to achieve mass adoption. Mike Rychko, a researcher at prediction market infrastructure provider Azuro, thinks prediction markets are breaking into the mainstream — and the data appears to back him up. In a Thursday X…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair…
Polygon faced a temporary consensus finality delay on Wednesday caused by a Bor and Erigon bug that impacted RPC services and validator syncing. Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page. The issue, which…
CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, highest in six months. Non-fungible token (NFT) sales surged to more than $574 million in July, the second-highest monthly volume this year, according to data from NFT tracker CryptoSlam. The figure represented a 47.6% increase from June’s $388.9 million but trailed January’s…
Katana, a new DeFi-first layer-2 blockchain, launched with over $200 million in productive TVL, offering institutional-grade liquidity strategies and native asset support. Katana, a new DeFi-first layer-2 blockchain, went live on mainnet with over $200 million in pre-deposits just weeks after its public reveal, making it one of the most capitalized debuts of any layer-2…
Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance. Polygon co-founder Sandeep Nailwal is charting a new course for the network, backing a singular leadership model as essential to its future. In an interview with Cointelegraph, Nailwal said…
Polygon co-founder Sandeep Nailwal assumed full executive control, marking a move away from decentralized governance. Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation as its first-ever CEO. The move marks a shift away from the decentralized governance model the organization had embraced. The foundation, which oversees Polygon Labs and other arms…
Polygon’s NFT growth in 2025 is fueled by real-world asset marketplace Courtyard, which now rivals DraftKings in all-time sales. Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network. The milestone comes amid consistent growth in monthly sales over the last…
Fellow Polygon co-founder Sandeep Nailwal said that Bjelic has always been “a force behind so much of what makes Polygon what it is today.” Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity. His…