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Polygon

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). 

P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes.

P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem

Ethereum

OKX, a prominent cryptocurrency exchange, announced on Monday the public mainnet launch of its Ethereum-based layer-2 scaling network known as X Layer.

OKX Launches Ethereum Layer-2 X Layer, Leveraging Polygon's AggLayer

The upward trend of Polygon (MATIC) has come to a halt as the price has fallen below the moving average lines. Price analysis by Coinidol.com.

Polygon Price Collapses, Decline Threatens

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor's testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support.

Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

Sony Bank kicks off proof-of-concept for minting its own fiat-backed stablecoin on Polygon.

Sony Bank Pilots Yen-Backed Stablecoin on Polygon

The price of Polygon (MATIC) slips below the moving average lines. Price analysis of MATIC coin by Coinidol.com.

Polygon Loses Value At $1.28 After Fierce Rejection

The Japanese heavyweight is looking into potentially utilizing fiat-linked stablecoins across its line of business.

Sony Bank to conduct a stablecoin trial on Polygon: report

Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum's chain and concentrate it in their corresponding base L2, creating a security risk for the network.

Polygon CEO: L3s Might Represent a Threat to Ethereum's Security

The growing adoption of crypto's latest Layer 3 chain has minted millionaires and drawn in criticism from high-profile detractors.

Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionaires

Polygon (MATIC) trades between the moving average lines.

Polygon recovers and takes aim at the high of $1.28 again

The price of Polygon (MATIC) is falling after reaching resistance at $1.28. According to analysis by Coinidol.com buyers were unable to sustain the positive momentum above the $1.30 high.

Polygon Price Recovers, But Faces A Hurdle At $1.03

Polygon zkEVM, a Layer 2 network built on Ethereum, experienced a significant network outage that lasted over ten hours.

Polygon zkEVM Layer-2 Suffers Network Outage Due to Layer-1 “Reorg”

The network, which launched a year ago this week, has thus far struggled to gain traction among developers.

Polygon zkEVM blockchain sees 12-hour ongoing outage

The price of Polygon (MATIC) has fallen below the moving average lines. Price analysis by Coinidol.com.

Polygon Suffers A Setback As It Is Unable To Overcome The High Of $1.28

Zero-knowledge proofs startup Succinct Labs announced it has raised $55 million in a seed and Series A financing round led by Paradigm.

Paradigm leads $55 million round in ZK proofs startup Succinct Lab alongside Polygon founders

Polygon's Napoli hard fork, incorporating the RIP-7212 upgrade, marks a significant advancement in interoperability with mainstream tech by introducing support for the elliptic curve digital signature algorithm commonly used across the internet.

Polygon Leaps Towards Future With Successful Napoli Hard Fork

Immutable, Polygon Labs, and VC firm King River Capital have joined forces to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund.

Immutable, Polygon Partners With VC King River Capital To Launch $100M Gaming Fund

Immutable, Polygon Labs and King River Capital have joined hands to raise $100 million for a new web3 gaming fund.

Immutable, Polygon and King River team up to raise $100 million for 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.

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

Companies usually pay their tech vendors for services rendered. For Starbucks' soon-to-be-defunct foray into crypto on the Polygon network, it was the other way around.

Polygon Labs Paid $4M to Host Starbucks' Doomed Foray Into Crypto: Sources

Libre's fund tokenization infrastructure powered by Polygon technology and developed by Nomura's Laser Digital and WebN Group has gone live.

Polygon-based tokenization platform Libre goes live for Brevan Howard, Hamilton Lane funds

Cardano

Fantom

A widely followed crypto analyst is predicting a massive rally for one Ethereum (ETH) competitor while updating his forecasts on Cardano (ADA) and Polygon (MATIC). Crypto strategist Ali Martinez tells his 53,500 followers on the social media platform X that he envisions layer-1 blockchain Fantom (FTM) to surge to a price tag of $1.

Analyst Predicts Over 80% Rally for Under-the-Radar Ethereum Rival, Updates Forecast on Cardano and Polygon

The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.

Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack' in Runup to Polygon Move

Polygon's (MATIC) price is recovering from an earlier downturn. MATIC price analysis by Coinidol.com on March 14, 2024.

Polygon Faces A Setback As Price Struggles To Atay Above $1.29

Arbitrum

Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks.

News for Polygon Crypto (MATIC)