Short News

Polygon Co-Founder Sandeep Nailwal Takes Over as CEO

Elena R11 Jun 20251 min read

Sandeep Nailwal, co-founder of Polygon, has officially stepped in as CEO, marking a shift from the project’s previous decentralized governance model. The Polygon Foundation, which oversees Polygon Labs and other parts of the ecosystem, will now operate under Nailwal’s leadership. This move comes as Polygon looks to sharpen its focus and strategy in response to growing competition in the layer-2 blockchain space. Nailwal’s new role signals a more centralized approach to driving future growth.

#Crypto Regulations

Elena R

Author

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

More in Short News

Short News

MEXC Launches $100M Protection Fund for Platform Security

Crypto exchange MEXC has introduced a $100 million protection fund to guard against security vulnerabilities, hacks, and system risks. To ensure transparency, the fund’s wallet addresses and real-time balances will be made publicly available on the MEXC website. Users can track transactions directly through blockchain explorers. This move aims to boost user trust and platform …

Qadir AK·11 Jun 20251 min

Short News

Ukraine Eyes Bitcoin for National Reserves in New Proposal

Ukraine has introduced a new bill that could allow its central bank to hold Bitcoin and other cryptocurrencies as part of the country’s official reserves. The proposal marks a major shift in Ukraine’s approach to digital assets, signaling growing acceptance of crypto at the state level. If passed, the move would align Ukraine with a …

Qadir AK·11 Jun 20251 min

Short News

Crypto Exchange Bullish Files for IPO

Peter Thiel-backed crypto exchange Bullish has confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC). The move comes as the company seeks to capitalize on the Trump administration’s favorable stance on digital assets. Bullish was founded by Block.one, the company behind EOS, and made headlines in 2023 after acquiring crypto news …

Elena R·11 Jun 20251 min