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P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem

P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem....
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Crypto Exchange OKX’s Polygon-Powered Layer 2, ‘X Layer,’ Hits Public Mainnet

OKX's comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.
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Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the...
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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.
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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...
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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.
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As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians

The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their...
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Polygon Stops Work on ‘Edge,’ Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain,...
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Polygon Adds Data Solution Celestia as Option for New Layer-2 Developers

The integration means that Celestia will plug into Polygon’s customizable software stack, which is powered by zero-knowledge technology, allowing developers to make use of the veri availability solution when...
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Why On-Chain Transaction Is the Key Blockchain Indicator

The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices
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