🌙 Polygon Plans To Migrate MATIC to POL

Polygon’s mainnet upgrade is scheduled for September 4, 2024, transitioning its native token from MATIC to POL following community approval.

Crypto Roundup - July 18

Polygon has announced its intention to migrate the MATIC token to the new POL token on September 4. This move is part of a broader strategy to enhance the utility and performance of its blockchain ecosystem. Concurrently, US Bitcoin ETFs have extended their winning streak to nine days, a trend driven by rising investor demand and growing optimism in the crypto market. In contrast, Mt. Gox creditors have reported experiencing failed login attempts during the repayment process, sparking concerns about the security and reliability of the repayment system amid ongoing distributions.

Top Stories:

  • Polygon plans to migrate its MATIC token to a new POL token on September 4, aiming to enhance its blockchain ecosystem and improve token utility.

  • US Bitcoin ETFs see a nine-day winning streak, driven by increasing investor demand, signaling growing optimism in the cryptocurrency market.

  • Mt. Gox creditors face failed login attempts amid ongoing repayments, raising concerns about security and the repayment process's reliability.

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