Polygon

The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January.

"Two rounds of changes in one year is a lot to ask of a team, and I understand it is hard to manage," Polygon Labs CEO Marc Boiron said.

"Within the next few years the majority of money will live and move on blockchain in one form or another," according to Polygon Labs.

The company said its stablecoin will now be issued natively on Polygon, in addition to becoming available through Polygon's Open Money Stack.

Cash App users can now transfer on Solana, Ethereum, Polygon and Arbitrum, but executive Miles Suter says the firm is still bitcoin-focused.

Blockchain investigator ZachXBT has highlighted a suspected security breach involving Polymarket, the world’s largest decentralized prediction market platform.

Onchain sleuth ZachXBT flagged a potential exploit of Polymarket's UMA CTF Adapter on Polygon, with $520K reportedly drained so far.

EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026.

After years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon.

Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments.

The new wallet feature hides senders, receivers and amounts onchain while maintaining compliance through know your transaction screening and auditable files.

BTC: 95k (+3%) | BTC.D: 59.2% (-0.1%). ETH: 3313 (+6%) | BNB: 936 (+3%) | SOL: 145 (+2%). Top Gainers: IP, ICP, PUMP, PEPE, ENA. BTC ETFs: +$754m | ETH ETFs: +$130m. Crypto rallies on largest ETF inflow in 3 months. Senate committee to vote on crypto bill on Jan 27. Stablecoin issues with bill still being fought over. Ethena Labs makes USDe free from gas fees. Bitdeer overtakes MARA on ‘managed hashrate’. Polygon Labs to buy Coinme, Sequence for $250m. BitPanda eyes Frankfurt IPO in 1H26. CZ invests in perp trading platform Genius Terminal. Coingecko eyes sales at $500m valuation. Russia to open crypto markets more for payments. Crypto wrench attacks continue in France. Pakistan to integrate WLFI’s USD1.

Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syrup (+7%) led top movers. Jpmorgan said the recent bitcoin and ethereum sell-off may be bottoming, pointing to improving positioning and easing downside pressure after early-year weakness. Bank of america analysts upgraded coinbase to buy, citing improved regulatory clarity, growing institutional adoption, and stronger long-term earnings visibility. Morgan stanley is planning to launch a digital wallet later this year that could support tokenized assets, including private company equity. Florida lawmakers renewed their push for a state-level bitcoin reserve. Ethereum’s validator exit queue fully