Ton Application Chain and Polygon team up to launch new TON L2

Ton Application Chain and Polygon Labs say the L2 integration will bring a range of new applications, including DeFi and GameFi, to users of the TON ecosystem.

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Movement Labs joins Polygon Agglayer, bags $160M TVL commitment for mainnet

Movement Labs joins Polygons AggLayer to boost blockchain interoperability and protect developers against 90% of auditor-prioritized attack vectors.

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How brands can transform loyalty programs with Web3: Polygon Labs

Polygon researchers argued that brands could use Web3 data to create more targeted products, services and marketing campaigns.

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Pessimistic proofs: ZK techs next step or mere cynicism?

Polygon Labs introduces pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development.

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Polygon Labs co-founder Sandeep Nailwal assumes new ZK role

Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK.

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Google Cloud and Polygon Labs partner for Ethereum scaling

Google Cloud will provide framework and developer tools to aid Polygon Labs’ Ethereum scaling protocol. The partnership aims to streamline developer integration for decentralized applications on Polygon. (Read More)

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Polygon Lands Astar Network as First User of New AggLayer

By plugging into the AggLayer, Astar users will have access to the liquidity in the Polygon ecosystem, allowing cross-chain transactions between Astar and Polygon zkEVM, making the experience feel like a single chain.Source: CoinDesk

The post Polygon Lands Astar Network as First User of New ‘AggLayer’ appeared first on Crypto Breaking News.

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Polygon Lands First User of New AggLayer, Inking Deal With Astar Network

By plugging into the AggLayer, Astar users will have access to the liquidity in the Polygon ecosystem, allowing cross-chain transactions between Astar and Polygon zkEVM, making the experience feel like a single chain.Source: CoinDesk

The post Polygon Lands First User of New ‘AggLayer,’ Inking Deal With Astar Network appeared first on Crypto Breaking News.

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Inevitable Games Fund Begins Investment in Pixelmon, Key Promising Web3 Games

King River Capital leads the investment process for the Fund, with backing from Immutable and Polygon Labs in sourcing and web3 gaming expertise.

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Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund

Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.Source: CoinDesk

The post Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund appeared first on Crypto Breaking News.

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Google Cloud to optimize Polygon zkEVM scaling performance

Polygon Labs and Google Cloud will team up in a multi-year agreement to drive the development and adoption of the Ethereum scaling protocol’s infrastructure and developer tools.

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Polygon Layoffs Raise Questions: What Happened to $200M in Funding?

MATIC Fell 6% after Polygon Labs announced layoffs.

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Polygon Unveils Type-1 Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs

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’ Prover to Enhance Ethereum’s Ecosystem Polygon Labs has launched the Type-1 zkevm prover upgrade. Developed in collaboration [...]

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Polygon Labs Announces Downsizing, Cuts 19% of Workforce

Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off. (Read More)

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Polygon Labs Takes A Stand For Decentralized Software: Open Letter To EU Raises Concerns

Polygon Labs has written an open letter to the EU regarding Article 30 of the DataAct with the aim of safeguarding decentralized software development. The Chief Policy Officer of PolygonLabs, Rebecca Rettig, tweeted the letter, which contends that the proposed legislation is excessively broad and probably unenforceable in decentralized systems. Ledger has taken part in […]

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Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks

Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange." (Read More)

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Magic Labs, Polygon launch crosschain smart wallet for AggLayer

Newtons testnet went live on Polygons AggLayer, promising a crosschain solution for smart wallets. 

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NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum

DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon.

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Jio Partners with Polygon (MATIC) Labs to Integrate Web3 for Over 450 Million Users

Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions. (Read More)

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Polygon (MATIC) Labs and Courtyard.io Launch Onchain Auction for Iconic Charizard Card

Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles. (Read More)

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