Tag: Polygon
Fear grips the cryptocurrency market as Polygon’s MATIC Tanks to Over 2-Year Lows
The native token of the Polygon PoS chain, MATIC, saw a parabolic run in Q1 2024. Since then, it has been stuck in a months-long drop, broken up by a…
On September 4, Polygon intends to switch from MATIC to POL tokens
On September 4, 2024, Polygon will update its mainnet. The native token of the project, MATIC -4.80%, will be replaced with a new token bearing the ticker POL and new…
“Hamster Kombat” on Telegram Reaches 150 Million Players During the TON Token High
To put it in perspective, one in five users of Telegram have registered for the game, in which participants attempt to construct a virtual cryptocurrency exchange for a hamster in…
The Polygon Community Treasury introduces a building grants program, giving out 35 million MATIC at first
A community treasury for Polygon has revealed a long-term plan to promote blockchain development, which entails unlocking 1 billion tokens over the course of ten years. The treasury announced in…
Tokenized Bond Issued by Bitcoin Suisse on Polygon
Tokenized bond instrument on Polygon, launched by Swiss crypto-financial services business Bitcoin Suisse, which oversees $5.57 billion in assets. The June 11 announcement of Bitcoin Suisse’s bond indicates that it…
Zero-Knowledge Cryptography Company Toposware is Acquired by Polygon
The primary developer of the Polygon blockchain, Polygon Labs, revealed on Tuesday that it has purchased Toposware, a blockchain research company that contributed to the creation of Polygon’s Type-1 prover,…
Polygon Labs and Espresso collaborate to address rollup interoperability
Developer of shared sequencers Espresso Systems and Ethereum layer-2 scaling solution Polygon Labs have teamed up. The partnership aims to develop and create an aggregating layer (AggLayer) that may be…
Polygon Introduces STARK-Based L2 Miden Alpha Testnet
One of the best teams working on scaling solutions for Ethereum, Polygon, has started the alpha testnet deployment for its planned STARK-based rollup, Miden. Developers can test-run basic smart contracts,…
X Layer QuickSwap Launches to Strengthen Polygon DeFi
By adding a new Citadel to the QuickSwap environment, this calculated action expands the Polygon CDK network family and improves its functionality. On X Layer Mainnet, QuickSwap QuickSwap’s connection with…
Union Labs Plans Polygon-to-Cosmos Bridge with AggLayer Integration
Union Labs, a blockchain interoperability project, is set to integrate its technology with AggLayer, a decentralized service launched by Polygon Labs earlier this year. AggLayer allows for sharing liquidity among…
Polygon zkEVM Resumes Operations After 10-Hour Outage
Polygon zkEVM, the Ethereum Layer 2 network introduced a year ago, faced a significant disruption recently, enduring a prolonged outage that halted its blockchain for over ten hours. The outage,…
Astar Network Leads the Way in Polygon’s AggLayer Integration
Astar Network has achieved a significant milestone by becoming the first blockchain network to fully integrate with Polygon’s innovative AggLayer. This integration allows Astar’s zkEVM to seamlessly connect with…
Polygon Labs Streamlines Workforce for Strategic Efficiency
In a strategic move aimed at enhancing operational efficiency, Polygon Labs, a key player in the blockchain space, has announced a significant reduction in its workforce, amounting to 19% of…
Immutable Revolutionizes Gaming with zkEVM Mainnet Early Access on Polygon
In a pioneering move, Web3 gaming firm Immutable has launched the early access phase of its zkEVM Mainnet powered by Polygon. Gods Unchained developer Immutable, known for its blockchain-based trading…
Chainlink Data Feeds Launch on Polygon zkEVM: A Boost for DeFi’s Next Chapter
Exciting news from the Polygon camp – Chainlink Data Feeds just made their grand entrance onto Polygon zkEVM. This integration isn’t just a tech update; it’s a potential game-changer for…
$MATIC continues to trade sideways but bears still hold sway. Can $MATIC recover and restart a bull rally soon?
September saw a lot of sideways trading in the price of $MATIC displaying a lack of consensus among buyers and sellers. However, this lateral trajectory seems to be heading straight toward a…
Binance Announces its Decision to Remove Support for Polygon NFTs from its NFT Marketplace
The recent announcement made by one of the leading cryptocurrency exchange platforms, Binance, has sent shockwaves across the non-fungible token (NFT) community. The company announced this Friday that it will…
Casio Partners with Polygon to Release Virtual G-SHOCK NFTs
The market of non-fungible tokens (NFTs) is growing at an exponential rate attracting a large volume of users with its authenticity and decentralized nature. The recent news on the collaboration…
Polygon Lab Releases its Chain Development Kit (CDK) for easy Development of Ethereum Layer-2 Solutions
Blockchain technology is a transformative force, changing the traditional financial landscape and introducing the world to the novel idea of decentralized finance (deFi). One of its most notable innovations is…
Bank of Italy Partners with Polygon to Facilitate Institutional Adoption of DeFi
The massive adoption of decentralized blockchain networks by companies globally has showcased its importance and value in the world today. There is a gradual shift from the traditional centralized system…