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Polygon Unveils ‘Type-1’ Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs
10.2.2024
Polygon Labs has rolled out its latest innovation, the “Type-1 prover.” This upgrade could introduce a new era for Ethereum Virtual Machine compatible chains, enabling the generation of zero-knowledge proofs while ensuring transaction costs plummet. Polygon Unveils ‘Type-1’...
Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin
8.2.2024
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,” Polygon said
Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’
3.2.2024
As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs to Lay off 60 Employees in Bid to Return to Core...
Polygon Labs Lays Off 19% of Staff Following Restructuring, Increases Workers’ Pay by 15%
1.2.2024
Polygon blockchain developer Polygon Labs has cut 19% off its workforce, according to a blog post published by CEO Marc Boiron on Thursday. Polygon Labs Lays Off 60 Employees Boiron called the decision “difficult, but necessary” to ensure the team’s “extreme focus, diligence, efficiency...
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
1.2.2024
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
31.1.2024
A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different classes for defi platforms, including platforms...
How To Stop Criminals From Exploiting DeFi, According To Polygon Labs
29.1.2024
Polygon Labs – the main developers behind the blockchain scaling network Polygon – published a research paper on Monday explaining how the government should go about regulating the DeFi industry. From the Treasury Department to the U.S. Senate, politicians have been loudly criticizing crypto’s...
Polygon Labs and Warner Music Group Accelerate Web3 Evolution in Music
26.1.2024
In collaboration with Warner Music Group (WMG), Polygon Labs has unveiled the two grant recipients for the inaugural Web3 Music Accelerator program. The initiative, announced in June 2023, aims to foster innovation at the intersection of Web3 and the music industry. The Web3 Music Accelerator...
Polygon Introduces ‘AggLayer,’ Aims to Simplify Blockchain Integration Across Platforms
25.1.2024
Polygon Labs plans to release “AggLayer,” a new blockchain aggregation layer, in February. This development aims to enhance interoperability across blockchain platforms. According to Polygon’s recent blog, AggLayer is designed as a centralized protocol that aggregates zero-knowledge (ZK) proofs...
Polygon Plans 'AggLayer,' in Bid to Synthesize Modular, Monolithic Blockchains
24.1.2024
The new "AggLayer," set for launch next month, relies on zero-knowledge proofs, a type of cryptography that Polygon Labs is betting on as a core underpinning of future blockchain architecture
Polygon Labs and DELV respond to FinCEN’s NPRM on CVC mixing
24.1.2024
Polygon Labs and DELV, formerly called Element Finance, have responded to FinCEN’s proposed rule on CVC Mixing. Polygon released an official document that outlined the entire response. The document showed the concerns of both parties regarding FinCEN’s aim of regulating CVC (Convertible Virtual...
Polygon Labs chosen to join the Tokenized Asset Coalition
18.1.2024
Polygon Labs is pleased to announce its membership in the Tokenized Asset Coalition (TAC). Polygon Labs was among the sixteen new members accepted by the TAC from a pool of over 300 applicants. Polygon Labs will be one of sixteen members who plan to move more than $1 trillion in assets on-chain....
Polygon Labs announces the launch of zkEVM launchpad
12.1.2024
Polygon Labs has announced the launch of the Polygon zkEVM Launchpad. While the offering has been rolled out, it is only in Stage 3 that the community will experience the full-fledged functionality of zkEVM. That said, there are 3 stages in which Polygon Labs is rolling out the Polygon zkEVM...
Fox Launches Blockchain-based Open Source Platform with Polygon Labs
10.1.2024
Source: Pixabay The Fox Corporation has partnered with Polygon Labs to unveil the new blockchain-based Verify, an open source platform designed to verify the authenticity of content and track its use across the web. Built on Polygon PoS, the core blockchain infrastructure can transparently prove...
Fox, Polygon Release Blockchain-Powered Tool 'Verify' to Weed Out Deepfakes
9.1.2024
"Verify" is an open-source protocol built on Polygon's PoS blockchain, specifically used to establish the origin and history of registered media
Chainlink Data Feeds Available on Polygon zkEVM
14.12.2023
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications
Polygon Labs introduces a sustainability dashboard
13.12.2023
In collaboration with the Crypto Carbon Ratings Institute (CCRI), Polygon Labs has unveiled a sustainability dashboard designed to provide comprehensive visibility into the environmental and climate impacts associated with the Polygon blockchain framework. The Polygon Network Sustainability...
Polygon Adds Data Solution Celestia as Option for New Layer-2 Developers
12.12.2023
The integration means that Celestia will plug into Polygon’s customizable software stack, which is powered by zero-knowledge technology, allowing developers to make use of the data availability solution when launching their own blockchain
Beam unites with Polygon Labs & Immutable for multichain expansion
7.12.2023
Beam has joined hands with Immutable and Polygon Labs to embrace its multi-chain approach. Overall, the idea is to facilitate a seamless experience for game developers and attract the next generation of gamers. It has set a target to onboard over a billion next-generation gamers. The partnership...
Polygon Connect India to conclude Polygon Labs 2023 tour
1.12.2023
Polygon Labs has announced that it will be visiting India for its flagship event. Polygon Labs will host Polygon Connect India in Bengaluru on December 7, 2023, from 10 am to 8 am IST. To attend the event, it is mandatory to register for the event, and registrations are subject to approval....