Strategic acquisitions and U.S. licenses give Polygon the “missing pieces” to offer end-to-end, compliant crypto payments.

Polygon’s change from MATIC to POL has confused many users, with some struggling to recognise the new token. Co-founder Sandeep Nailwal is now considering whether the network should revert to the familiar MATIC name.

Mastercard is partnering with Mercuryo and Polygon to give its customer's self-custody wallet names. This new update would replace long hexadecimal addresses with simple username-style identifiers, giving users a familiar payment flow that mirrors Web2 apps like Venmo or PayPal.

Bhutan has moved its national digital ID system to the Ethereum blockchain, giving nearly 800,000 citizens more control over their personal data. The migration aims to improve security, privacy, and transparency, while the country also continues expanding its cryptocurrency holdings and blockchain initiatives.

BitoPro was likely hit by a major hack but kept it quiet for over three weeks, staying silent about suspicious activity. Users are still reporting “stuck funds,” sparking concerns the exchange hoped the breach would go unnoticed.

Mihailo Bjelic’s exit marks the third Polygon co-founder to leave in two years, sparking concerns about leadership stability and the protocol’s long-term direction.

FIFA has launched a blockchain on Avalanche, moving its FIFA Collect NFT platform from Algorand and debuting new digital collectibles. The switch highlights FIFA’s Web3 push, enabled by Avalanche’s enhanced scalability and EVM support.

Cybercriminals are now leveraging deepfake voice technology to target and extract sensitive information from individuals—including current and former US federal and state officials.

Indian Railways is issuing NFT-based train tickets for the MahaKumbh Mela, using blockchain technology to enhance security and efficiency for millions of pilgrims. The collaboration with Chaincode Consulting and the use of Polygon blockchain ensures a seamless, digital experience for travelers to this historic event.

Lido has stopped new staking on Polygon, but users can withdraw staked MATIC until 16 June 2025. The move follows low adoption and Lido's strategic focus on Ethereum.