Polygon (MATIC) — Onchain News & Whale Tracking

Safe: Wallet service has resumed operation on Mantle, Polygon, and other networks

On March 4th, Safe announced that its wallet service has resumed operations on chains such as World, Mantle, Scroll, ZKsync, Polygon, etc. Currently, it is steadily restoring network support to ensure a secure and stable launch while expanding accessibility.

Berachain has appointed former Polygon Labs CTO Paul O’Leary as its new Chief Technology Officer

On February 27th, the Berachain Foundation made an announcement. It stated that Berachain has officially appointed Paul O'Leary as the Chief Technology Officer (CTO). Paul O'Leary had previously held the position of CTO at Polygon Labs and has accumulated 20 years of entrepreneurial and executive experience in the blockchain and big data domains. Since joining Berachain earlier this year, Paul O'Leary has been guiding the team to move forward the launch of the mainnet. He will make use of his extensive experience in engineering management to promote the development of Berachain.

Aave Governance Vote to Halt Polygon PoS Chain Lending, Polygon Could Lose Over $300M TVL

On February 26th, the Aave community voted by a large majority to cease lending and borrowing services on the Polygon PoS chain. This was mainly due to opposition to Polygon's proposal last December to utilize more than 1 billion USDT for yield farming. Aave founder Marc Zeller proposed strict risk parameters with the aim of preventing further deposits or loans. He holds the view that Polygon's yield farming method is too risky and could lead to default problems. Aave is the largest decentralized application on Polygon, with a total value locked (TVL) of over $300 million. Polygon Labs CEO Marc Boiron has stated that the ideal outcome would be for Aave to abandon the termination plan. However, the Aave DAO has passed a related proposal to adjust the stablecoin loan-to-value (LTV) to 0%, thereby preventing users from borrowing. Currently, there are over 690,000 votes in favor of leaving Polygon, with approximately 117,000 in opposition.

Binance will support the Neutron (NTRN) and Polygon (POL) network upgrades and hard forks

On February 12th, according to an official announcement, Binance will provide support for the Neutron (NTRN) and Polygon (POL) network upgrades and hard forks. The Neutron (NTRN) will undergo a network upgrade at block height 19,947,000 (anticipated to be at 22:00 on February 12th, 2025, GMT+8). Binance is projected to halt Neutron (NTRN) token deposits and withdrawals at 21:00 on February 12th, 2025, GMT+8. The Polygon (POL) will undergo a network upgrade and hard fork at block height 22,393,043 (expected to be at 18:00 on February 13th, 2025, GMT+8). Binance is expected to suspend Polygon (POL) token deposits and withdrawals at 17:00 on February 13th, 2025, GMT+8.

Polygon Co-founder: DeepSeek R1 Craze Highly Beneficial for the CryptoAI Race

On January 28th, Sandeep Nailwal, a co-founder of Polygon, stated on social media that the craze of DeepSeek R1 is very beneficial for the CryptoAI track.

Polygon will change X's account avatar to a Trump NFT

On January 20th, Polygon modified its official X account avatar to a Trump NFT and said: "Paying respect to technological innovation, regulatory clarity, and a president who holds an NFT on Polygon."