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Polygon Labs has carried out another round of layoffs. The company has reportedly cut around 30% of its workforce as it restructures and pivots toward stablecoin-based payments, according to multiple…
Mastercard, Polygon Labs, and Mercuryo have announced an expansion of the Mastercard Crypto Credential to self-custody wallets, introducing verified, username-style aliases designed to replace traditional long-form wallet addresses. Mastercard said…
Polygon announced today that Calastone, the global funds network, has integrated its tokenised distribution solution with the Ethereum Layer 2 scaling network. The integration enables Calastone’s blockchain-based fund distribution platform…
As crypto markets gear up for another volatile week, fresh data spotlights five altcoins to watch. Binance’s Netflow metric highlights major outflows in Fetch.ai (FET), Amp (AMP), and Synthetix (SNX),…
Polygon’s zero-knowledge chain, zkEVM, which was originally acquired through the $250 million purchase of Hermez in 2021, appears to have fallen flat. According to GrowThePie’s research lead, Lorenz Lehmann, Polygon…
Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions…
Liquid restaking protocol Swell has announced that its Layer 2 is migrating to the Optimism Superchain. Swell said it would move away from the Polygon Chain Development Kit (CDK) as…
According to a Sept. 23 report by tech outlet The Information citing ‘people familiar with the matter,’ the blockchain prediction platform is in talks to raise $50 million in funding.…
Matter Labs, the developer behind the ZkSync Ethereum Layer 2 network, has decided to abandon its efforts to trademark the term “ZK.” In an update on June 3rd, Matter Labs…
Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer 2 solution’s stablecoin market cap soared to a…