Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing

The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, […]

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Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon

Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports PolygonThe American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only and Robinhood is rolling out the beta version of the Web3 wallet to […]

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Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps

Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT StampsOn September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces […]

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Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program

Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator ProgramThe blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program that aims to “accelerate the growth of innovative companies from around the world.” Disney’s 2022 Accelerator Is Focused on Artificial Intelligence, […]

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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks

Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain NetworksFollowing the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by […]

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Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early UsersOn April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge network “on steroids.” Polygon Supernets […]

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Polygon Announces Zero-Knowledge Identity Platform for Web3

Polygon Announces Zero-Knowledge Identity Platform for Web3On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software […]

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Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

Cere Network and Polygon Launch 'NFT Content Monetization' Platform DavinciOn February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network […]

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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary

The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and […]

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Technical Analysis: Cosmos Decline Continues, as Polygon Surges

Technical Analysis: Cosmos Decline Continues, as Polygon SurgesAhead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were mainly lower during the course of the session. Biggest Gainers Polygon (MATIC), which was one of the biggest gainers within the top […]

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