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Polygon


Finance

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

The blockchain developer gave the coffee giant a $4 million grant as part of their 2022 deal to build an NFT-powered loyalty program that is now being shuttered.

By Danny NelsonMar 19, 2024

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

Tech

Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap

Canto will remain a Cosmos layer 1 network rather than shift to the Ethereum ecosystem, as previously announced. Its new Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.

By Margaux NijkerkMar 15, 2024

Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap

Tech

Debating Dencun: Will Ethereum's Big Update Help or Harm the Network?

While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire.

By Sam KesslerMar 13, 2024

Debating Dencun: Will Ethereum's Big Update Help or Harm the Network?

Markets

Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live

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

By Krisztian SandorMar 13, 2024

Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live

Tech

Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?

Leading figures behind layer-2 teams told CoinDesk how Ethereum's upcoming Dencun upgrade will affect their networks – and costs.

By Margaux NijkerkMar 6, 2024

Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?

Tech

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, supposedly making the experience feel like a single chain.

By Margaux NijkerkMar 6, 2024

Polygon Lands Astar Network as First User of New 'AggLayer'

Tech

Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs

Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare.

By Margaux NijkerkFeb 21, 2024

Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs

Markets

Why Polygon's MATIC Token Has Lagged During Past Year's Crypto Rally

MATIC was overvalued at the start of the ongoing crypto bull run, one observer said.

By Omkar GodboleFeb 21, 2024

Why Polygon's MATIC Token Has Lagged During Past Year's Crypto Rally

Tech

Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin

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.

By Margaux NijkerkFeb 8, 2024

Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin

Tech

Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'

The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.

By Margaux NijkerkFeb 1, 2024

Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'

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