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Polygon

Coin · MATIC · 72 articles
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3 sourcesCointelegraphCrypto.newsCryptoBriefing
29 Aug

Polygon discloses security flaws fixed in recent hard forks

The vulnerabilities posed denial-of-service and validator resource risks but were patched before Polygon publicly disclosed them.

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3 sources22 Aug

The Sandbox Contains Bridge Exploit After Unbacked SAND Minted on Base and BSC

3 sources31 Jul

Polygon Turns Kansai Electric Loyalty Points Into JPYC Spending

3 sources16 Jul

Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition

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POL 6H – Consolidating Above Rising Trendline After Correction

Polygon is trading around 0.09833 on the 6H timeframe, grinding sideways just above the ascending trendline that has held every pullback since mid August and now supports this entire consolidation range. The move began with a sharp rally off the trendline near 0.0740, spiking hard through mid August all the way to a high near 0.1280 before sellers took control and dragged price back down through nearly the entire advance. That correction found footing right around 0.0970, and price has spent the last two weeks building a tight range between roughly 0.0930 and 0.0990 directly on top of the rising trendline. The trendline has now caught up to this range and is intersecting it directly, making this the critical zone where the broader trend either reasserts itself or breaks down. Price is currently sitting at the upper edge of this range near 0.09833 after a recent dip tagged the trendline and reversed sharply, showing buyers are still defending this level closely. Key Levels To Watch: → 0.1090 Prior swing high, resistance above the range → 0.0990 Range high, recent resistance → 0.0930 Range low, trendline confluence support → 0.0910 Trendline support, current intersection with range → 0.0759 Prior consolidation, deeper support → 0.0740 Trendline origin, mid August low A break and hold above 0.0990 opens the door back toward 0.1090 and a retest of the highs from late August, confirming the trendline has successfully absorbed the correction and the broader uptrend is resuming. Losing the trendline near 0.0910 would be the first real break of structure since this rally began, exposing 0.0759 as the next area of support and putting the entire recovery from the August low into question. Hold the trendline and POL continues consolidating for another leg higher. Lose it and this turns into a deeper breakdown. Bias stays neutral to cautiously bullish given the trendline is still holding, but a clean break in either direction here will define the next major move.

TITradingView Ideas17 Sept

Polygon OMS Powers Stablecoin Bank Transfers Across 180

Stable com has integrated Polygon’s OMS, enabling stablecoin transfers across 180 countries. This development highlights the growing trend towards seamless digital currency transactions. As reported by the influencer @0xPolygon, users can now move USDT or PYUSD directly from their wallets into bank accounts, significantly enhancing accessibility in the crypto space. This move is expected to attract more users to the Polygon network and increase transaction volumes. What Went Down The integration of Stable.com with Polygon’s OMS marks a significant advancement in the accessibility of stablecoin transfers. Users can now transfer USDT or PYUSD seamlessly into their bank accounts, tapping into a network that spans over 180 countries. This initiative is part of a broader trend within the crypto market to enhance user experience and facilitate easier transactions. Given the current mixed signals across the broader crypto market, this development could drive increased network activity on Polygon as users seek more efficient ways to transact. Polygon is a layer-2 scaling solution designed to improve the transaction throughput of Ethereum by providing faster and cheaper transactions. The integration with Stable.com is a strategic move that aligns with Polygon’s mission to enhance accessibility and usability within the blockchain ecosystem. Given its jurisdiction over financial technology, Stable.com aims to leverage this integration to facilitate a more efficient transfer process for users globally. What to Watch Traders should observe the impact of this integration on Polygon’s transaction volume and active addresses. As more users engage with the platform, we may see a notable increase in on-chain activity. Additionally, keeping an eye on how this integration influences the broader market dynamics will be crucial. The potential for increased liquidity and user engagement could set the stage for future developments within the Polygon ecosystem.

TITradingView Ideas17 Sept