News linked to both this project and an event.
Odaily News: In response to a tweet previously posted by Polymarket CMO Matthew Modabber regarding "Hyperliquid and Polymarket revenue scale and HYPE token market cap," Polygon co-founder Sandeep quoted the post and said that POLY will take over everything.Earlier news: The Polymarket CEO will share important views at Token2049, and the community speculates it may be related to the POLY token.
Global payment infrastructure company WalaPay announced the closing of a $4.6 million seed funding round, led by General Venture Capital, with participation from Commerce Ventures, Polygon, AAF Management, Verda Ventures, NGC Ventures, FGV Capital, J² Ventures, Reflexive Capital, Big Brain Holdings, among others. WalaPay primarily provides infrastructure for cross-border payment scenarios, enabling account opening, fund collection, currency conversion, and global payments through a single integration. It connects underlying licenses, banking partners, and local payment networks, focusing on emerging markets such as Latin America, Africa, Asia, and the Middle East. The new funds will be used to acquire additional licenses, expand its banking partnerships, and grow its team.
European stablecoin issuer AllUnity has announced the launch of USDAU, a US-dollar stablecoin compliant with the EU Markets in Crypto-Assets Regulation (MiCA). The token maintains a 1:1 peg to the U.S. dollar through segregated reserve assets and is currently deployed across multiple networks including Ethereum, Solana, Base, Tempo, Arc, and Polygon, with plans to integrate additional blockchains by year-end.
Odaily reports: European stablecoin issuer AllUnity has launched the U.S. dollar stablecoin USDAU, its fourth fiat-backed stablecoin. USDAU maintains a 1:1 peg to the U.S. dollar through segregated reserves and is now live on Ethereum, Solana, Base, Tempo, Arc, and Polygon.AllUnity is regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) and has previously issued the euro stablecoin EURAU, the Swiss franc stablecoin CHFAU, and the Swedish krona stablecoin SEKAU. (Cointelegraph)
According to the official announcement, Huobi HTX will open JPYC/USDT spot trading and grid trading at 21:00 (UTC+8) on September 28. JPYC deposits will open at 15:00 on September 28, and withdrawals will open at 21:00 on September 29. JPYC is a Japanese yen stablecoin issued by JPYC Inc., regulated under Japan's Payment Services Act, and classified as an electronic payment instrument. It is pegged 1:1 to the Japanese yen, with reserves held in bank deposits and Japanese government bonds. Users can mint or redeem JPYC through the JPYC EX platform after completing KYC, or use it for payments, transfers, DeFi, and other scenarios on blockchains such as Ethereum and Polygon. Its design aims to provide a compliant and transparent digital yen solution.
Polygon co-founder Sandeep posted on X that the POL community has recently accumulated and permanently burned 100 million POL tokens through on-chain revenue, accounting for approximately 1% of the total supply, with an additional ~25 million POL to be burned subsequently. Sandeep also stated that POL (formerly MATIC) remains the "most undervalued and overlooked project." He noted that Polymarket has already launched perpetual contracts on Polygon. Following recent upgrades, Polygon PoS is gradually evolving into a more advanced blockchain, expected to achieve 1-millisecond confirmation times via block streaming in the future. Additionally, OMS will soon increase Polygon's daily transaction processing capacity by approximately 1 million.
Odaily report: According to RevokeCash monitoring, if users have previously traded NFTs on the Magic Eden Ethereum marketplace, their wallets may have granted approval to Limit Break's Payment Processor contract; this contract currently has a known vulnerability, and it is recommended to revoke the approval. Magic Eden previously stated that NFTs currently still listed on its platform are not affected by this vulnerability; NFTs listed through its EVM marketplace between approximately February 2024 and October 2024 may be affected, while listings after October 2024 are in principle not affected. Magic Eden is contacting protocol owner and maintainer Limit Break to study other risk mitigation measures, including pausing protocol transfers, and continues to investigate the actual scope of impact.Users who have previously listed or traded NFTs on the Magic Eden EVM marketplace should revoke the relevant contract approvals on Ethereum, Polygon, and Base networks, and revoke all NFT approvals marked as "approved for all." Yuga Labs Blockchain Vice President Quit stated that the asset claim website for the Payment Processor vulnerability NFT theft incident has officially launched; affected users whose NFTs were successfully safeguarded can now claim, but must first revoke their approval to the Payment Processor.
Odaily News: Colb announced on September 24 that its digital finance AI agent Colbee has launched on WhatsApp. The product simplifies the use of DeFi and on-chain financial products through conversational interaction, allowing users to explore and access related products via natural language without directly operating wallets, networks, or decentralized trading platforms.Colbee previously primarily served accredited investors and has executed over $40 million in crypto asset and tokenized asset transactions based on client instructions and signatures. Currently, it supports 10,163 on-chain operations across Ethereum, BNB Chain, and Polygon, including 63 product operations, 3,368 swap routes, and 6,732 cross-chain routes, and has integrated infrastructure such as PancakeSwap. Colbee does not hold users' private keys or funds, nor does it make autonomous investment decisions; every transaction must be reviewed by the user and signed through their own wallet. Some tokenized financial products still require eligibility certification, identity verification, and regional restrictions. Colb plans to increase the platform's TVL to $1 billion by 2027, and its colb.finance currently has a TVL exceeding $108 million.
Odaily News: Binance.US has announced that Binance.US Wallet, a self-custody wallet built into its App, is now available to eligible iOS and Android users. Without leaving the Binance.US App, users can switch between the centralized exchange and the wallet, and access tens of thousands of tokens and hundreds of DApps, with support for major blockchain networks including Ethereum, BNB Chain, Base, Arbitrum, Polygon, Solana, and Robinhood Chain.Binance.US stated that the wallet uses seed-phrase-free key sharding technology, splitting keys for storage across the user's device, personal cloud storage, and Binance.US. Users need at least two of these key shares to access the wallet, and Binance.US holds only one. In addition, users can export their private keys at any time or import the seed phrase of an existing wallet. Binance.US also plans to support cryptocurrency transfers between the exchange and the wallet, buy and sell functionality via convenient payment methods, and more tokens, blockchain networks, and DApps in the future.
According to an official announcement from Arc, Circle's public chain, agentic payments are now live. Its Facilitator Service provides a managed integration path for x402 developers, accepts USDC, and supports on-chain settlement on Arc, Base, and Polygon; this path requires no Relayer keys or separate Gas fee wallets.
Odaily reports: Polygon founder Sandeep posted on X that Polygon is preparing to permanently burn 100 million POL tokens. The relevant contract is currently on testnet and will go live on mainnet after final sign-off by the Polygon Council. Once live, anyone can trigger the initial burn, after which community members can execute a burn once per quarter.Sandeep added that Polygon's year-to-date revenue is approximately $24.5 million, higher than Arbitrum's $8.41 million and NEAR's $5.6 million. POL's supply has been in a deflationary state since January 2026, and the network's TPS has increased 10x to 5,000.
Vanar posted on X that the VANRY contracts on Ethereum and Polygon have been suspended, and VANRY trading will take place only on the Base network. Vanar will fully transition to Base, focusing on developing Foundry, AI organizations, and its economic system; Foundry is scheduled to launch on October 1.
Circle co-founder and CEO Jeremy Allaire posted on X that with the launch of Arc, demand for cirBTC is growing. Currently, all Circle Mint clients can directly natively mint and redeem cirBTC within the app. Additionally, the Circle x402 Facilitator service is now live on Arc and supports related processing services on Base and Polygon PoS.
Odaily News: Gate has officially launched a new one-stop on-chain trading product, "FOMO Hunter," aggregating hot multi-chain assets and Meme trading scenarios. It covers multiple major public chains including Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting hot Memes, promising small-cap tokens, and various other types of on-chain assets.In terms of trading fees, "FOMO Hunter" applies a unified 0.5% buy and sell fee rate. Users trading Robinhood Chain assets through "FOMO Hunter" can also enjoy a limited-time Gas (network fee) waiver. For the trading experience, users can directly trade on-chain using their Gate account assets without needing to create or connect a wallet, or frequently transfer assets or switch networks. They can also query real-time quotes and K-line charts via token names or contract addresses, enabling "search-to-trade." Additionally, "FOMO Hunter" focuses on a Meme social trading ecosystem, supporting features such as Callout leaderboards, KOL leaderboards, and active account displays. Furthermore, leveraging Gate's deep liquidity and high-performance matching engine, it further enhances on-chain trade execution efficiency while reducing wait times and slippage.This launch further lowers the barrier for users to participate in on-chain trading and enriches Gate's Web3 asset trading scenarios. Going forward, Gate will continue to improve its on-chain trading infrastructure and product experience, providing users with more convenient and diversified Web3 trading services.
Polygon disclosed multiple hidden security vulnerabilities affecting its PoS network and implemented preventive fixes through a recent fork, with no evidence of actual exploitation.
Polygon Labs issued an emergency client upgrade advisory stating that after the activation of the Austin and Kyoto hard forks, Polygon PoS nodes still running older versions of the Bor or Heimdall clients have diverged from canonical consensus and must upgrade and catch up to the on-chain state before they can rejoin the network.
Odaily News - Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani's Reliance Industries, has received regulatory approval, clearing a key hurdle for its long-anticipated initial public offering (IPO). According to the Securities and Exchange Board of India (SEBI) website, the regulator issued a letter of observation to Jio Platforms during the week ending August 28, indicating that the company has been permitted to proceed with the IPO process. (Bloomberg)Jio Platforms' listing plans have drawn significant market attention. Last year, the company launched JioCoin, a reward token built on the Polygon blockchain. Community users have reported that the token has been integrated into Jio's web browser, JioSphere.
Odaily News, The Sandbox has released a post-mortem report on the August 22 vulnerability incident. The report shows that attackers exploited vulnerabilities in contracts related to cross-chain configurations on Base and BNB Smart Chain (BSC), stealing 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of approximately $1.4968 million, of which about $987,000 was actually retained by the attackers. The Ethereum mainnet and Polygon network were not affected. Until further notice, please do not purchase or send SAND on Base or BNB Smart Chain. Contracts deployed on Base and BNB Smart Chain have been permanently deactivated and will not be reopened. The Sandbox stated that the team has reported the attacker's wallet address to blockchain analysis firms TRM Labs and Chainalysis, and has communicated directly with relevant exchanges. The Sandbox also announced a compensation plan, which will compensate wallets that legitimately held cross-chain SAND on Base or BSC prior to the incident at a 1:1 ratio in Ethereum SAND. Compensation funds will come from The Sandbox treasury, with no new tokens issued. The claim process will open within the next two weeks and remain open for two weeks.
Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)
Odaily News: THORChain announced the launch of version 3.20, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC). Users can directly swap XMR and ZEC for Bitcoin, ETH, and stablecoins without wrapping assets, registering on centralized exchange accounts, or relinquishing asset custody. This upgrade also introduces Protocol-Owned Liquidity (POL) and Stable Reserve, and restores support for Solana, Base, and BNB. Among these, Stable Reserve supports zero-liquidity-fee swaps between stablecoins.