Polygon Labs’ acquisition of Coinme is in its final stages, and the company has initiated layoffs.
2026.07.16 21:49:04
Polygon Labs CEO Marc Boiron announced in a post that the firm’s acquisition of Coinme is in its final stages. Once the deal closes, the Coinme team will be integrated into Polygon Labs. This integration is part of a broader merger plan targeting profitability for Polygon Labs by 2027. As part of the ongoing integration, Polygon Labs cut multiple employees today. Boiron stated the company is transitioning from a blockchain foundation to a blockchain payments company, explaining that the two organizational models require distinct structures and talent setups, and the adjustment is driven by the company’s strategic direction shift—not related to the work quality of departing staff. He added that Polygon Labs currently boasts strong revenue performance, with stablecoin trading volumes hitting new highs consistently, client reserves exceeding expectations, and on-chain payment solutions having launched rapidly. The company will provide severance compensation and related support to affected employees.
Swift will leverage blockchain technology to enable 24-hour remittances, and has launched a pilot program involving 17 banks globally.
2 minutes ago
Hong Kong stocks opened, with large model giants Zhipu and MINIMAX both falling over 5%.
2 minutes ago
Anthropic strikes a $13.7 billion computing power agreement with Trump-linked Rum Group.
2 minutes ago
Bonk Guy: The launch of Arc's mainnet may present short-term trading opportunities, and he has already taken positions in Launchpad tokens such as LONG.
2 minutes ago
The ETF Store President: The future of the crypto industry does not depend on the Clarity Act, which only acts as a catalyst.
2 minutes ago
SoftBank Group's stock dropped 10% in early trading.
2 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

