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Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line
25.10.2024
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024
Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain
12.7.2024
Soccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $4 million. Founded...
Polygon launches $720M Community Treasury for blockchain grants
11.6.2024
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....
Polygon Labs Lays Off 19% of Staff Following Restructuring, Increases Workers’ Pay by 15%
1.2.2024
Polygon blockchain developer Polygon Labs has cut 19% off its workforce, according to a blog post published by CEO Marc Boiron on Thursday. Polygon Labs Lays Off 60 Employees Boiron called the decision “difficult, but necessary” to ensure the team’s “extreme focus, diligence, efficiency...
Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
8.1.2024
Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed interest in December 2023, according to data from market trackers CryptoSlam...
Polygon Network Records Robust User Activity Amid Broader Crypto Market Weakness in Q3 2023: Report
14.11.2023
Source: AdobeStock / Mahoa Creative In a recent report by the blockchain data analytics platform Nansen, the Polygon network showcased remarkable resilience and robust user activity during the third quarter of 2023, defying the broader weakness observed in the crypto markets. The report emphasizes...
Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions
19.10.2023
Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA).
As a part of its expansion plans, the firm has hired Devika Mittal of...
Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
15.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards
8.9.2023
Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers.
The new Web3 addition was created in collaboration with the Monetary Authority of Singapore (MAS), Tech in Asia reported, citing a Grab spokesperson.
This is a "short...
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
1.8.2023
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems
Polygon Labs Unveils ‘Hyperproductive’ Token POL, Poised to Replace MATIC and Boost Ecosystem Rewards
18.7.2023
Polygon Labs, the team behind the Polygon blockchain network, has introduced a third-generation token that could replace the native cryptocurrency, MATIC, with a “hyperproductive” digital currency named POL. If the POL concept gains approval, validators can earn rewards from staking...
Shakeup at Polygon Labs: President will step down and chief legal officer will become CEO
7.7.2023
The change in leadership came as the platform has been preparing a set of upgrades branded “Polygon 2.0”
Taurus deploys on Polygon blockchain for asset tokenization and custody
2.6.2023
Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
2.6.2023
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network
Polygon Blockchain to be supported by Deutsche Telekom
1.6.2023
Deutsche Telekom has extended its support to Polygon Infrastructure as a part of its attempts to expand blockchain activities. Also, Deutsche Telekom coming out in support of Polygon, clarifies that the integrated telecommunication company is willing to support the ecosystem of Polygon at every...
FOBXX now positioned on the Polygon blockchain
27.4.2023
Franklin Templeton formally announced that the Franklin OnChain U.S. Government Money Fund (FOBXX) is now positioned on the Polygon blockchain. It is the very first U.S. registered mutual fund that will be utilizing a public blockchain to process transactions and note down share ownership. ...
Polygon becomes second largest gaming blockchain after user activity surges in March
8.4.2023
Polygon overtook Hive for the second spot in last month, as the growth in unique active wallets was driven in part by the Hunters On-Chain RPG game
Breaking: Polygon blockchain reportedly suffers network outage
22.2.2023
The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage
Polygonscan Didn't Update for an Hour, Spurring Unfounded Fear of Blockchain Outage
22.2.2023
Polygon co-founder tweeted that PolygonScan, a separate entity, appeared to be malfunctioning