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Polygon launches POL token contract on Ethereum to eventually replace MATIC

Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently don't need to exchange their MATIC for POL.The POL token upgrade is now

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Rug pull feared as Safereum devs reportedly unlock and dump native token

The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours after its team had finalized a massive $600,000 fundraising.According to blockchain security firm CertiK and other analysts, the developers of Safereum — using the token deployment address

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U.S. Court Awards Default Win to SEC Against Thor Token Company and Founder David Chin

The court has barred Thor and Chin from participating in any crypto asset securities offering and ordered a disgorgement of $744,555 with prejudgment interest of $158,638.06. The order does not prevent Chin from purchasing or selling securities, including crypto-asset securities, for his own personal account. Original Source

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