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Polygon proposes upgrading MATIC into a multipurpose token for all chains

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The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.

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Coin Market

NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin

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November has already surpassed October’s total volume, continuing strong market momentum for NFTs.

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Australia begins consultation on OECD crypto reporting framework

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Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws. 

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

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The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.

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