GM, Crypto Enthusiasts!

-Knock Knock

-Who’s there? 

-Bitcoin

-Bitcoin who? 

-Bitcoin on a 15-day run, that’s who!

On today’s playlist, we have

• Polygon Gets a Face Lift

• Caught in the Act! SEC Breaks Federal Laws

• Money Problems – DCG Stops Dividends

  Hard Fork Complete! Polygon Re-Vamped 

The project once touted “the Ethereum-killer” is back in the spotlight. 

And the Polygonians are loving it! 

The project launched a major hard fork on Tuesday.

The hard fork reduced the severity of gas spikes, chain reorganization times, and makes the network more secure. 

Users are hoping to see stable, more predictable transfer taxes. 

MATIC (Polygon's network token) has jumped by 20% since the news broke about completion. 

For the first time since November, MATIC is trading above $1.  

Crypto Twitter is full of wild predictions, like this one from

Kristina Keller. 

And we are here for it!

SEC Caught Breaking Federal Laws

Is it surprising to hear that the SEC has violated federal laws? 

(Can’t say we were shocked to see this one in the headlines today🙄.) 

The SEC says it unintentionally leaked the names and email addresses of 650 crypto miners working with Green, a blockchain project building a decentralized power grid.

The investigator wanted to reach out consumers asking about products they had purchased.

But they mixed up the CC and BCC lines.

(Okay, we’ve all been there, but c’mon…)

Everyone who received the message was able to see the full list of receivers, which leaves windows open for hackers and scammers. 

Thankfully, nothing bad has been reported as of today! As twitter user @Philssay so elegantly puts it, maybe the “do as I say, not as I do” phrase would be best left out of government institutions? Just a thought! 

DCG in Financial Distress. Stops Dividends Indefinitely Bitcoin may be on a record streak, but DCG doesn’t seem to be fairing so well. Cryptocurrency conglomerate Digital Currency Group (DCG) has been in the news a lot lately.Most famously for CEO and Founder Barry Silbert’s soap opera-like drama on Twitter. The problems stem from DCG’s lending platform Genesis. The crypto broker owes more than $3 billion to its creditors.The financial distress has forced DCG to stop its quarterly dividend distribution until further notice. DCG says the dividends cut will help the company reduce operating expenses and preserve liquidity.Is this just another nail in DCG’s coffin? 

DailyCoin Crypto Meme

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That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team