Due to the increase in trading activity on Polymarket, the POL burn amount on Polygon reached a historic high in February
By: www.chaincatcher.com|2026/03/02 22:46:36
0
Share
Prefer us on Google
Polygon officially announced on X that the POL burn amount in February reached a record high, totaling 28.2 million POL.
Previously, it was reported that the trading volume of Polymarket, the most important application in the Polygon ecosystem, also hit a historic high in February.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Jio Platforms Approved for IPO Process, Launches JioCoin Token
Lawson Convenience Store Processes Payment of 322 Yen with JPYC
On August 6, a payment of 322 yen was processed using the yen stablecoin JPYC at the Lawson convenience store in Tokyo's Takamawa Gateway City.
Visa and Artemis Release Agentic Payments Report, x402 Protocol Processes $15 Million in Transactions in One Year
Polygon Labs Acquires Coinme, Enters Final Stage and Initiates Layoffs
Polymarket completes its first six-figure institutional-level on-chain bulk transaction, with the underlying asset being the price of NVIDIA H100 GPU computing power
The prediction market platform Polymarket has disclosed that it has completed its first institutional-level on-chain block trade, a six-figure dollar transaction executed by digital asset broker FalconX and AI risk clearing infrastructure startup Anera Labs on the Polygon blockchain. The transaction...
Polymarket: The security incident reported by ZachXBT is due to the leakage of the internal operational wallet's private key, but user funds and market settlements are safe
Polymarket staff Shantikiran Chanal posted on platform X that they have noted a security report related to reward distribution, and user funds and market settlements are in a secure state. The investigation points to a wallet used for internal operations experiencing a private key leak, rather than ...
Meta returns to the stablecoin space, launching USDC payment features for select creators
According to Meta's official website, Meta has opened stablecoin payment features to some creators in Colombia and the Philippines, allowing them to receive USDC through the Solana and Polygon networks. Creators need to link a third-party crypto wallet address on the Facebook payment platform, and M...
Polygon: The ecosystem has not been affected by the rsETH vulnerability incident
Polygon officials stated that they have been actively monitoring the rsETH vulnerability: Polygon Chain, Agglayer, and the entire ecosystem including Katana and Vaultbridge have not been affected by this incident. Polygon has safely transferred over $20 trillion in funds to date and will continue to...
Polygon Labs seeks up to $100 million in funding for its payment business
According to The Information, Polygon Labs is seeking up to $100 million in funding for its payment business expansion.
Polygon will activate the Giugliano hard fork to enhance the speed of transaction finality
The Polygon Foundation stated that the Giugliano hard fork will be activated on the mainnet, expected to occur at block height 85268500, around 14:00 UTC. This upgrade aims to enhance the network's final confirmation speed by allowing blocks to be broadcast earlier, introducing fee parameters in the...
The Polygon mainnet will undergo the Giugliano upgrade on April 8, and nodes need to upgrade as soon as possible
According to official news from the Polygon Foundation, the Giugliano hard fork upgrade will take place around 22:00 on April 8 at block height 85,268,500 on the Polygon mainnet.This upgrade will bring the following improvements: allowing producers to announce blocks earlier for faster finality; dir...
Polygon launches a private memory pool to provide MEV protection
Polygon announced the launch of the Private Mempool, a private transaction submission entry that protects each transaction from front-running and sandwich attacks.Simply replace the RPC address with the corresponding private entry to use this feature, with no additional operations required.
Polygon Founder: Last week, the number of transactions for stablecoins on the Polygon network reached a new high
Polygon founder Sandeep Nailwal posted on the X platform that last week, the number of stablecoin transactions on the Polygon network reached 159.9 million, setting a new historical high.In addition, recently, the trading volume of stablecoins, the amount of transaction fees burned, and the number o...
Data: Revolut has processed over $1.2 billion in stablecoin cross-border transfers through Polygon
Polygon officially announced that Revolut's trading volume on its chain has surpassed $1.2 billion, further deepening this European fintech company's investment in blockchain.Revolut has previously submitted applications to the Office of the Comptroller of the Currency and the Federal Deposit Insura...
Katana, incubated by Polygon, acquires IDEX and launches new Perps products
According to Theblock, Katana, a public chain designed for DeFi incubated by Polygon Labs and GSR, has acquired the decentralized exchange IDEX to support its new Katana Perps product, and has received support from market makers GSR, Selini Capital, and Auros.It is reported that IDEX was initially b...
The supply of stablecoins on the Polygon network reached $3.28 billion, setting a new historical high
The current supply of stablecoins on the Polygon network has reached approximately $3.28 billion, setting a new historical high.
Brazil's largest foreign exchange bank expands stablecoin BBRL to the Polygon network
Polygon announced on the X platform that Brazil's largest foreign exchange bank is expanding its Brazilian real stablecoin BBRL to the Polygon network. Users can achieve near-instant transfers and enjoy lower fees through this network, while accessing an active stablecoin ecosystem.This move aims to...
This Week's Highlights: AI Resurgence, Fed's Hawkish Stance Shakes Markets, US-Iran Tensions Escalate
![[Energy Analysis] China’s Solar Power Dominates the World Yet Faces Deficits... The 'Paradox of Overproduction' Emerges](/public-static/9_8dc682caea.png?format=avif)
[Energy Analysis] China’s Solar Power Dominates the World Yet Faces Deficits... The 'Paradox of Overproduction' Emerges
Chinese manufacturers, who dominate the global solar market, find themselves paradoxically unable to make profits. Leading Chinese solar companies JinkoSolar, JA Solar, and Tongwei all recorded significant losses in the first half of this year.
Central Bank Digital Currency on the Blockchain: European Central Bank Takes the Lead
The European Central Bank (ECB) has proposed using central bank digital currency (CBDC) as a settlement asset within the tokenized financial market. The ECB believes that CBDCs can provide greater stability for wholesale financial settlements compared to private stablecoins.
U.S. Plans to Add 1 Million BTC to Its Strategic Reserves
A report cited by KuCoin indicates that the United States plans to add 1 million BTC to its strategic reserves, although the available information does not detail the mechanism, timeline, or authority responsible for implementing the measure. The magnitude of the figure reignites the debate about th...
AI Workers Earn $400 Million Annually, Virtuals Aims to Make You a Shareholder
Investment Options for FAL: Only 8 ONs, Green Light for Sovereign Bonds, and Currently Excluded Provincial Bonds
The scheme will come into effect in November and is expected to move about $2 billion during the first year. The Executive Power has set limits on the percentages to invest in sub-sovereign and corporate bonds, as well as restrictions based on credit ratings.
Bitcoin Mining Uses 30% of Paraguay's Electric Energy: Crisis Warned for 2029
BCRA purchases exceeded $14 billion barrier in 2026
The monetary authority purchased $82 million and closed August with a weekly balance of $256 million, although reserves fell by $1.069 billion and dropped below $50 billion. The data came in a session with a stable wholesale dollar, futures almost unchanged, and rates in pesos rising again.
Irish drug dealer’s lost wallet moves $39.56M in Bitcoin
HyENA shuts down after processing $4B in trades
Avici attack drains over $1M from Solana users
Cosmos misjudged a critical bug for 4 months before hackers stole nearly $6 million across 6 chains
Cosmos says the same vulnerability hit six networks, including MANTRA, after being initially classified as unlikely to threaten production
US Cities Eye AI Data Center Limits as Study Flags Water Risks
Jio Platforms Approved for IPO Process, Launches JioCoin Token
Lawson Convenience Store Processes Payment of 322 Yen with JPYC
On August 6, a payment of 322 yen was processed using the yen stablecoin JPYC at the Lawson convenience store in Tokyo's Takamawa Gateway City.
Visa and Artemis Release Agentic Payments Report, x402 Protocol Processes $15 Million in Transactions in One Year
Polygon Labs Acquires Coinme, Enters Final Stage and Initiates Layoffs
Polymarket completes its first six-figure institutional-level on-chain bulk transaction, with the underlying asset being the price of NVIDIA H100 GPU computing power
The prediction market platform Polymarket has disclosed that it has completed its first institutional-level on-chain block trade, a six-figure dollar transaction executed by digital asset broker FalconX and AI risk clearing infrastructure startup Anera Labs on the Polygon blockchain. The transaction...
Polymarket: The security incident reported by ZachXBT is due to the leakage of the internal operational wallet's private key, but user funds and market settlements are safe
Polymarket staff Shantikiran Chanal posted on platform X that they have noted a security report related to reward distribution, and user funds and market settlements are in a secure state. The investigation points to a wallet used for internal operations experiencing a private key leak, rather than ...
...
Contents
Latest articles
08/28/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
