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Leading NFT marketplace OpenSea announced integrating Ethereum Layer 2 scaling solution Polygon into its web3 marketplace protocol Seaport. OpenSea introduced Seaport in June to allow users to buy and sell NFTs efficiently. The platform was launched on Ethereum with the aim to reduce the costs of...
The Polygon team introduced the first EVM-equivalence zero knowledge Layer 2 scaling solution, zkEVM. It allows building on Polygon the same way as on Ethereum. Through zkEVM, developers can deploy smart contracts and use all the tools that operate on Ethereum. A blog post by Polygon says the...
Polygon, a scaling solution for the Ethereum blockchain and a Web 3 infrastructure is one of the tech companies to take part in Disney’s Accelerator Program. It is focused on advancing opportunities between innovative technologies and Walt Disney. This year, the program is directed toward AR,...
Over 48 projects from the collapsed Terra ecosystem have begun relocating to the second-tier Ethereum network Polygon (MATIC). This was announced by CEO Polygon Studios Ryan Wyatt. Among the most notable projects, he named the P2E game Derby Stars and the OnePlanet NFT marketplace. The latter's...
Popular crypto platform Coinbase said in the next month users will be able to make transactions in Ether, MATIC and USDC stablecoin on Ethereum's L2 scaling solution Polygon, and USDC on Solana. Coinbase published a blog post that mentions Ethereum has the largest ecosystem for developers,...
The third largest crypto and the largest stablecoin USDT now operates on the Ethereum scaling solution, Polygon in addition to other blockchains, including Ethereum, EOS, and others. The Polygon team published a blog post that says the network's DeFi space will benefit greatly from USDT, which...
The platform for Ethereum solutions of the second level (L2) Polygon has launched a new acceleration program for developers in the field of decentralized finance. The initiative was implemented in cooperation with the third-level (L3) blockchain infrastructure provider Orbs based on the DeFi.org...
The Rarible NFT marketplace has added support for assets issued on the Polygon second-tier network. The integration brought the number of platforms used by the protocol to four, along with Ethereum, Tezos, and Flow. Rarible said that as part of the partnership, the NFT and gaming division of...
The popular cryptocurrency exchange Binance announced last night that the deposit and withdrawal of coins from the Polygon - MATIC project will be temporarily suspended. This information was also confirmed by the developers of the digital asset directly. The prehistory of the current situation lies...
Ethereum Layer 2 scaling solution Polygon experienced an 11-hours long outage, started on March 10. Developers informed about the possibility of the outage beforehand, saying that there were some issues related to the network's validator layer Tendermint's implementation caused after a recent...
Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...
The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol. With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee...
Polygon, a blockchain protocol, focused on increasing Ethereum’s scalability, revealed that leading Ethereum-based DEX UniSwap went live on it. On Nov. 20, the Polygon team presented a proposal to deploy UniSwap on Polygon. Due to the voting process, over 72 M UNI holders voted in its favor....
Ethereum scaling network Polygon and Opera Browser built a collaboration, which suggests the browser's integration with Polygon, thus providing users in-browsers access to over 3000 dapps supported on Polygon. Among leading dapps operating on the Polygon protocol are lending and borrowing protocol...
Entrepreneur, Reddit co-founder Alexis Ohanian, and Polygon Network have built a $200 M initiative to drive the growth of web3-based projects. Ohanian's VC firm Seven Seven Six and Polygon will back the projects representing the industry. The Polygon blockchain will deliver the infrastructure for...
During the ZK summit, Polygon unveiled the big news it said was coming. That is the purchase of a startup, working on Ethereum scaling, Mir for $400 M. Previously, the Polygon team said it had exciting news to unveil. Mihailo Bjelic, Jaynti Kanani and Sandeep Nailwal, Polygon’s co-founders, spoke...
Ethereum scaling solution Polygon will hold a discussion on Zero-Knowledge rollups on Dec. 9, which the platform refers to as the ZK day. Polygon revealed the news via Twitter on Dec. 2. Ethereum creator Vitalik Buterin will participate in the event. Also, on that day, the company will reveal a...
American billionaire investor Mark Cuban wrote an article related to blockchain technology and the DeFi industry titled “The Brilliance of Yield Farming, Liquidity Providing, and Valuing Crypto Projects". He stated that crypto businesses make more sense than people think and valuing tokens...
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