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Polygon introduces the integration of Cosmos to AggLayer via Union
19.4.2024
Polygon has said that Union is bringing Cosmos to AggLayer to facilitate cross-chain transactions and inter-network communication better. It will fundamentally leverage zero-knowledge proofs to allow sovereign chains to share liquidity and state safely. Union will ensure a seamless transfer...
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
18.4.2024
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
17.4.2024
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."
Polygon Labs obtains an ISO/IEC 27001:2022 (ISO 27000) license
16.4.2024
Polygon Labs has obtained the ISO/IEC 27001:2022 (ISO 27000) license, the external audit having been carried out by Schellman Compliance, an internationally known company. It speaks volumes regarding their commitment to world-standard information safety factors. The information security management...
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
16.4.2024
The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year
Presidential Election Betting Surges as Odds Tighten on Polymarket
13.4.2024
The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from...
Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
12.4.2024
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a "leak."
Polygon announces a partnership with Samsung to introduce Web3 experience
12.4.2024
The world of Web3 moves a step ahead: Polygon has announced extending its partnership with Samsung to bring the Web3 experience to millions of users. The number goes beyond 200 million, with users spread across the globe. The project, titled TX1 Project, has been launched to eliminate the barrier...
Polygon CEO’s statement on Ethereum #1 issue
9.4.2024
Polygon CEO Marc Boiron has released another Ethereum statement, claiming that competition between Layer 2 chains poses a serious danger to Ethereum. Marc Boiron, known for his outspokenness, points out that competition among Layer 2 solutions is a significant challenge for Ethereum. According...
Chain Games launches AppChain Supernet Blockchain, empowered by Polygon L2
8.4.2024
Chain Games happily announced in a tweet how they have developed their own app-specific blockchain based on Polygon Supernets technology. They introduced the Chain Games 2.0 network launch, the Chain Games AppChain Supernet Blockchain powered by Polygon Layer 2 unified block space. A fully...
MATIC shows little impact on Polygon’s Q1 milestones
8.4.2024
Over the past few weeks, Polygon [MATIC] has seen a sharp increase in network usage. There is a surge in daily active addresses; however, Polygon’s revenue plummeted considerably in the first quarter of the year. Also, there is speculation that MATIC could soon hit price correction....
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
5.4.2024
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with...
Japan’s Sony Bank Experiments with Issuing Stablecoin Pegged to Yen on Polygon
5.4.2024
Sony Bank, the financial arm of the renowned Japanese gaming and entertainment conglomerate, Sony Group, has embarked on a proof-of-concept endeavor to introduce its stablecoin, pegged to fiat currency like Yen.
The post Japan’s Sony Bank Experiments with Issuing Stablecoin Pegged to Yen...
Moonveil Studio to unveil an exclusive chain using Polygon CDK
3.4.2024
Moonveil Studio unveils an exclusive chain using Polygon CDK to utilize aggregation and cross-game interoperability to transform Web3 gaming. This will allow players and game builders to harness more value pertaining to their creations by developing respected on-chain identifications...
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
2.4.2024
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...
Luke Barwikowski, CEO of web3 Game Pixels, on The Current State of Web3 Gaming, Growing to 500K Daily Active Users, and Building on Ronin Blockchain | Ep. 322
2.4.2024
Luke Barwikowski, the founder and CEO of Ronin-based social Web3 game Pixels, discusses Pixels’ development and successes, its move from Polygon to Ronin, the token going live on Binance, what it takes to launch a Web3 game, and why projects should wait before launching a token.
The post Luke...
Polygon stuck as people lose trust in MATIC and ZK.Money
1.4.2024
Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project....
Polygon Labs CEO condemns Ethereum L3 as Degen mints millionaires
1.4.2024
With the Degen Chain Network launch, a few high-rollers have been attracted to it, along with a range of criticisms due to its overgrowing success. Degen chain used Arbitrum Orbit to develop infrastructure provider Syndicate on March 28. It is a specialized ultra low cost network using Degen Token...