The team behind the Polygon blockchain has game-changing plans around scalability. One of these is centered around Zero-Knowledge rollups (zkRollups). The Ethereum sidechain has announced the development of a new consensus mechanism …
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Polygon (MATIC) has raised $450M in an investment round led by Sequoia Capital India
Polygon has closed a $450 million raise. Sequoia Capital, one of Silicon Valley’s oldest and most successful venture capital firms, led the round. Venture capital firms are taking notice of …
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YouTube head of gaming Ryan Wyatt is going to resign & join Polygon Studios as CEO
On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million …
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Polygon has launched EIP-1559 to initiate the real-time burning of MATIC tokens
Ethereum sidechain network, Polygon has initiated EIP-1559, also called London Hardfork. The update was activated at block height 23850000 at 2:48 am UTC, and replaces Polygon’s previous fee system based on “first-price …
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Polygon expands its footprint as evolving NFT & gaming ecosystems seek Ether alternatives
Built with an emphasis on simplicity and ease of use, Polygon (previously Matic) is designed to let organizations and businesses create and deploy their own decentralized applications (dApps). The platform serves as …
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Shiba Inu (SHIB) overthrows Polygon (MATIC) in market capitalization following 23% rally
According to CoinMarketCap data, Shiba Inu has reclaimed the 13th spot in terms of market capitalization, surpassing Polygon (MATIC). With a present market valuation of $17.49 billion, Shiba Inu now ranks 13th largest …
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Polygon MATIC announces three significant developments to launch in 2022
In a blog post, Polygon recalled the highlights of the previous year, 2021, while announcing three major developments for 2022. The year 2021 saw Polygon add six new solutions: SDK, Avail, Hermez, Nightfall, …
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Polygon (MATIC) surges to new high after gaining traction above $2
According to CoinMarketCap data, MATIC token is up 12% in the last 24 hours at the present price of $2.57 and up 60.4% since December started. MATIC seems to benefit from its …
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Polygon has made another acquisition in the ZK-rollups startup Mir Protocol for $400 million
olygon (formerly Matic Network) has made yet another acquisition in the ZK-rollups space, buying Mir Protocol for $400 million. Mir is an Ethereum scaling startup that utilizes zero-knowledge proof (ZK-proof) …
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Polygon (MATIC) soars to a 6-month high following announcement of new Javascript library
The popular Ethereum layer 2 solution Polygon has introduced a new javascript library to interact with its own bridge. Shortly after the announcement went live, the protocol’s native token surged …
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