Polygon Labs, the firm behind the Ethereum scaling network Polygon, has laid off 60 staff after its acquisition of Coinme and Sequence for more than $250 million, a source familiar with the matter told CoinDesk. The layoffs came as the company is pivoting to a payment-focused blockchain, the source said, noting that the changes affected teams across the organization rather than any one function. The rumors of a new round of layoffs began swirling this week after several reports of a 30% workforce cut. A ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 近日，一则"清退量化在交易所设备"的消息，引发了广泛的关注。 很多人可以想到的是量化投资快狠准、比人更理性，甚至凭借这几年攒下来的资金优势多抢了不少摩 王、沐王的配售。但他们没想到的是，量化竟可以通过券商，把服务器放到交易所里面。 从底层来看，这是一个关乎交易公平的问题。 一般来说，散户从手机下单经过完整的交易链路，整体延时在几十毫秒到几百毫秒之间，而高频玩家把 服务器托管在交易所，从下单到交易所撮合，可把时间优化到0.1-1毫秒以内。 于是，投资比拼的就不全是认知高低，而是装备强弱。在这场竞技游戏里，机构开局六神装，散户一双 草鞋走天下。这就好比暑期在迪士尼带娃，顶着烈日排了3小时的热力追踪，旁边的人已经用快速通道 把所有项目全都玩了一遍。 为了保护中小投资者，从去年实施的量化高频交易新规到今年调整交易链路的传闻，打击量化交易的速 度优势，一直是监管发力的重点。 目前，清退服务器的政策尚未尘埃落定，但传闻背后，始终令人好奇的问题是：量化机构的设备是怎么 放到了交易所的机房里？ 绿皮车和商务座 一个单子从散户的手机抵达交易所会经历怎样的 ...

Core Viewpoint - The article discusses the implications of the recent news regarding the "removal of quantitative trading servers from exchanges," highlighting concerns about trading fairness and the competitive advantages that high-frequency trading (HFT) firms have over retail investors [2][5]. Group 1: Trading Fairness and Speed - The core issue revolves around trading fairness, where retail investors face significant delays (20-200 milliseconds) compared to high-frequency traders who can optimize their order execution to 0.1-1 milliseconds by hosting servers at exchanges [3][8][11]. - The disparity in trading speed creates an uneven playing field, likening the situation to a theme park where some can skip lines while others wait for hours [3][12]. Group 2: Infrastructure and Costs - High-frequency trading firms invest heavily in infrastructure, such as purchasing VIP trading seats and deploying servers in exchange data centers, with costs ranging from 50,000 to 300,000 dollars annually for these services [10][19]. - The competition among brokers to provide faster trading solutions has intensified, with many focusing on attracting quantitative firms by enhancing their technological capabilities [15][16]. Group 3: Regulatory Environment - Regulatory efforts have been aimed at curbing the speed advantages of quantitative trading, with new rules implemented to protect retail investors [5][32]. - The ongoing discussions about server removal from exchanges raise questions about the future of trading speed and its impact on market dynamics [6][32]. Group 4: Market Dynamics and Trends - The rise of quantitative trading has led to a significant increase in the number of quantitative hedge funds, with 55 firms managing over 10 billion dollars [15]. - The article notes that the competitive landscape is shifting, with brokers increasingly targeting quantitative traders rather than traditional retail investors [15][20]. Group 5: Perception of Low Latency - The term "low latency" has become a marketing focus for many firms, with a majority promoting their capabilities in this area, reflecting the competitive pressure within the industry [22][28]. - Low latency is defined as the ability to minimize delays in receiving market information and executing trades, which is crucial for capturing market opportunities [28][29]. Group 6: Impact on Retail Investors - Retail investors, lacking access to high-speed trading infrastructure, are at a disadvantage, which raises concerns about the overall fairness of the market [17][35]. - The article emphasizes that the majority of trading volume still comes from retail investors, highlighting the need for a balanced approach to technological advancements in trading [35][36].

🚨 UPDATE: Polygon’s co-founder raised the idea of asking exchanges to revert POL back to the more familiar MATIC ticker.What do you think? https://t.co/26aghuc4CS ...

⚡️ INSIGHT: Polygon Foundation’s CEO says many users still recognize MATIC more than POL, and asks whether exchanges should consider reverting the ticker.$MATIC or $POL? https://t.co/bNXe0DoclQ ...

Core Insights - Japan's Financial Services Agency (FSA) plans to reclassify 105 cryptoassets, including Bitcoin and Ethereum, as financial products, subjecting them to regulation under the Financial Products Transaction Act [1] - The FSA is advocating for tax rate reductions for crypto traders, proposing a shift from the current 55% tax on miscellaneous income to a flat 20% capital gains tax for these assets [2][3] - New insider trading regulations are being proposed, aiming to prevent individuals and companies with connections to issuers or exchanges from trading based on undisclosed information [5] Regulatory Changes - The FSA intends to classify 105 specific cryptoassets as financial products, which will enhance regulatory oversight [1] - The agency is seeking to implement tax reforms that would align crypto taxation with capital gains tax rates, significantly lowering the tax burden for traders [2][3] - The FSA's criteria for selecting the 105 coins include project transparency, issuer reputation, technology soundness, and price fluctuation risks [4] Insider Trading Regulations - New restrictions on insider trading are being proposed, which would prohibit trading by individuals or companies with insider knowledge of important facts related to crypto assets [5] - The FSA aims to include these new regulations in the upcoming budget discussions scheduled for early 2026 [6] Trustworthy Tokens - The Japan Virtual Currency Exchange Association (JVCEA) maintains a "green list" of trustworthy tokens, currently comprising 30 coins, including BTC and ETH [6] - To qualify for the green list, coins must meet specific criteria, such as being listed by multiple JVCEA exchange members and having a minimum listing duration [7]

s/o @coingecko for supporting the MATIC to POL upgrade✨Previous watchlist has now been migrated to the current POL page https://t.co/aF5c4zOtFg ...

Coinbase has officially completed their migration, upgrading all MATIC to POL.Coinbase Markets 🛡️ (@CoinbaseMarkets):The conversion of Polygon (MATIC) to Polygon Ecosystem Token (POL) is complete. Sends and receives for Polygon (MATIC) have been re-enabled. ...

Core Insights - The article emphasizes that the anticipated "altseason" has already occurred but many investors have missed it due to their outdated strategies and reluctance to adapt [1][7][13] Market Dynamics - Over the past three years, the cryptocurrency market has seen a significant divide between two types of investors: the old holders who cling to their assets in hopes of a rebound, and the new generation of investors who actively seek profit through various strategies [4][6] - Many tokens have failed to recover, leading to a situation where the majority of investors are left with losses, while only a few tokens like Solana and BNB have shown notable performance [2][4] Investment Strategies - The article highlights the importance of adapting to new market narratives and actively participating in the evolving landscape, rather than holding onto outdated beliefs [5][12] - New investors are leveraging opportunities through airdrops and meme coin trading, demonstrating a willingness to learn and adapt, contrasting sharply with the old holders who remain stagnant [4][8] Market Fragmentation - The cryptocurrency market has become highly fragmented, with various "trenches" representing different narratives and communities, making it essential for investors to engage with specific segments to capitalize on opportunities [6][7] - The notion of a unified "altseason" is obsolete, as liquidity is now dispersed across multiple narratives and platforms [6][7] Learning and Adaptation - The article stresses that success in the cryptocurrency market is not about luck but rather the ability to learn, adapt, and act decisively [8][12][13] - Investors who fail to educate themselves and remain open to new opportunities are likely to miss out on potential gains and may face significant losses [11][13]

Market Expansion - Banco Santander, Spain's largest bank and Europe's fourth largest, has launched retail crypto trading through Openbank [1] - Initially available to retail clients in Germany, supporting BTC, ETH, LTC, MATIC, and ADA [1] - Plans to expand the range of supported tokens in the coming months [1] - Service rollout to Spanish clients is expected in the coming weeks [1]