News with the tag "Polygon"

Big news shaking up the blockchain world! Miden, a project focused on bringing robust privacy to decentralized applications using advanced ZK-Rollup technology, has just announced a significant milestone. The project successfully closed a seed funding round, raising an impressive $25 million. This s...

Miden, a protocol specializing in privacy and fast transaction speeds for large institutions, is spinning out of Polygon and has raised $25 million in a seed round. The funding will be used to develop the Miden's roadmap, including ecosystem expansion and developer tooling. This round was led by a16...

On April 25, POL marked its fifth day of gains, breaking a prolonged downtrend as ecosystem momentum and NFT demand picked up. According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26, pushing weekly gains to 34% and marking a 70% rebound...

Polygon has launched a new incubation/launchpad program to help new projects get off the ground, while rewarding POL stakers with airdrops of those projects’ native tokens. In a press release shared with crypto.news, Polygon ( MATIC ) has announced the Agglayer Breakout Program, a launchpad initiati...

The team behind the Polygon blockchain has announced the Agglayer Breakout Program to launch high-value chains that will contribute to Agglayer’s network effects. The aggregation layer, or AggLayer, is a cross-chain settlement layer developed by Polygon Labs and its collaborators, launched in early ...

Amid a notable downturn in the digital asset markets, blockchain developer activity has continued to rise, defying concerns that the ‘crypto market is dead.’ A recent report from Santiment highlights growth in development efforts across the top ten crypto ecosystems, with increases ranging from 11% ...

Blockchain security experts uncovered a malicious mobile app that stole sensitive wallet data from users’ devices, leading to the theft of over $1.8 million in cryptocurrency. A fake app called BOM stole over $1.82 million in crypto by secretly accessing users’ private keys and mnemonic phrases, acc...

Are you a Web3 developer feeling constrained by the limitations of standard crypto wallet solutions? Imagine having the power to craft wallet infrastructure precisely to your application’s needs. Circle, the powerhouse behind USDC, has just dropped a bombshell announcement that could redefine how yo...

In a dramatic turn of events in the decentralized finance (DeFi) space, Aave, a leading crypto lending platform, has decided to pull the plug on its lending services on Polygon Proof-of-Stake (PoS). This significant DeFi lending halt has sent ripples across the crypto community, primarily due to the...

Solana -powered interoperability and scalability layer Rome Protocol has integrated with the AggLayer co-developed by Polygon Labs . Per the press release shared with Cryptonews , this move enables seamless zero-knowledge (zk) -enhanced interoperability. This means that developers can build decentra...