Polygon News

Friendzone Set to Launch on Polygon Blockchain

Key Takeaways:Friendzone is launching on the Polygon blockchain on February 26.The platform plans to upgrade to Polygon zkEVM in the future.It aims to combine...

Polygon Labs Set to Introduce AggLayer Protocol

KEY TAKEAWAYSPolygon Labs is gearing up to launch AggLayer, a protocol designed to simplify multi-blockchain networks.AggLayer will allow users to interact with various blockchains...

USDC Tokens Go Native on Polygon: Faster, Cheaper, and Easier

Circle, a prominent player in the world of digital finance, has introduced native USDC tokens on Polygon, shaking up the cryptocurrency landscape with a...

Cryptocurrency Firms Rally to Defend Against SEC Lawsuits, Highlighting Global Focus

Following the explosion caused by the U.S. Securities and Exchange Commission (SEC) lawsuits against the Binance and Coinbase exchanges, several cryptocurrency companies have disseminated...

Polygon Emerges as Second-Largest Blockchain Gaming Network with Massive User Surge

Polygon, a popular layer-2 scaling solution for Ethereum, saw a surge in user activity in March, making it the second-largest blockchain gaming network in...

Reddit’s Third-Generation NFT Avatars Hit the Polygon Blockchain

Social media platform Reddit has launched the third generation of its blockchain-based digital collectibles, called "Reddit Avatars," on the Polygon blockchain.The non-fungible token...

Polygon releases open-source scaling technology for Ethereum, promising lower fees and increased efficiency

Polygon has released on its main network Ethereum's open-source scaling technology, zkEVM-rollup, which promises reduced transaction costs and increased deployment efficiency for smart contracts.The...

Polygon Launches Zero-Knowledge Authentication Solution “Polygon ID” to Tackle Digital Trust Issues

Polygon (MATIC) has launched its decentralized, zero-knowledge authentication solution, called "Polygon ID", to the general public, almost a year after announcing the launch of...

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IMF: Dollar stablecoins may amplify currency runs in fixed-rate economies

An IMF working paper by economist Brandon Joel Tan models how dollar stablecoins improve foreign currency access in fixed...

Japan Plans to Legalize Cryptocurrency ETFs, Minister Says

Japanese Finance Minister Satsuki Katayama announced plans to legalize cryptocurrency ETFs.ETFs let investors gain crypto exposure without owning the...

Robinhood enables AI agents for crypto trades in US

Robinhood will allow eligible US crypto traders to connect third-party AI agents for autonomous trading.The feature aims to level...