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Polygon struggles below resistance, buyer efforts stalled
17.6.2024
Polygon (MATIC) has for some time now, been absolutely unable to rise above the resistance level and is presently staring at the figure of $0.62, from $0.75. In spite of all its attempts, MATIC has totally remained unsuccessful in making the slightest comeback, as per the market observers....
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
15.6.2024
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum...
Deutsche Telekom announces Bitcoin mining plans at BTC Prague
15.6.2024
Deutsche Telekom’s plans and Web3 expansion follow its recently established position as a validator on Fetch.ai’s decentralized blockchain
Digital ID Startup Spins off From Polygon Labs, Aims to Mitigate AI-Generated Misinformation Risks
13.6.2024
Privado ID, previously known as Polygon ID, has announced its spin-off from Polygon Labs on June 13, 2024. The move aims to meet the global demand for digital identity and reputation solutions that work with both onchain and online data. Privado ID’s technology leverages decentralization...
Privado ID spinoff takes identity control solution beyond Polygon
13.6.2024
Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity
Polygon launches Community grants worth a billion in 10 years
12.6.2024
Over 10 years, the community grants scheme has released 1 billion, and presently, 35 million in MATIC for Polygon and Ethereum projects. All of this is in aid of the developer groups. The initial season about the scheme will entail the release of 3 million MATIC, with the grants being supervised...
ZkSync hit with claims of ‘almost no Sybil filtering’ in slated token airdrop
12.6.2024
Mudit Gupta from zkSync rival Polygon said the ZK token airdrop could be the most “farmed airdrop ever,” claiming it lacks anti-bot measures
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
11.6.2024
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that enhance the Polygon and Ethereum ecosystems....
Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years
11.6.2024
The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year
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
Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more
7.6.2024
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving
Polygon announces the launch of Polygon Miden Alpha Testnet v2
7.6.2024
According to Polygon, the Polygon Miden Alpha Testnet v2 has been made available. It basically adds more storage, a more user-friendly command-line interface, and more functionality. Polygon Miden is a zk-VM rollup that allows users to showcase their state transitions. This provides the idea...
Polygon Labs announces acquiring Toposware
5.6.2024
Polygon Labs has announced acquiring Toposware. The objective is to pioneer the next wave of ZK technology. The blockchain research and engineering company has joined hands with Polygon Labs to help push the entire ZK community forward. This builds on the previous development wherein they announced...
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
4.6.2024
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon...
Polygon never set out to beat Ethereum: Anurag Arjun, X Hall of Flame
4.6.2024
Polygon never set out to slay Ethereum, despite perceptions at the time, says co-founder Anurag Arjun
Crypto bull O2T wakes market up with 4x rally, Polygon whales join revolution
4.6.2024
The cryptocurrency market is no stranger to dramatic surges and swift changes in sentiment. Recently, Option2Trade (O2T) has ignited excitement with a remarkable 4X rally, capturing the attention of traders and investors worldwide. Among those taking notice are the significant stakeholders...
Avail secures $43M in Series A for Web3 unification
4.6.2024
Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
4.6.2024
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million
Polygon Labs acquires Toposware, pushing total ZK investment to $1B
4.6.2024
The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology
Polygon Spinoff Avail Raises $43M in Series A Funding
4.6.2024
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round