Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments

October 26, 2022 Bitcoin.com

Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments. Bitpay Reveals Polygon […]

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Microstrategy Unleashes $2.6B Bet on Bitcoin With Convertible Notes Offering

Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

October 25, 2022 Bitcoin.com

$5 million in sales

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain […]

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Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit

October 24, 2022 Bitcoin.com

Polygon-Based Decentralized Exchange Quickswap Loses 0K in Flash Loan Exploit

$220K

On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due […]

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Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing

October 11, 2022 Bitcoin.com

Arbitrum

The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, […]

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Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon

September 27, 2022 Bitcoin.com

10K customers

The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only and Robinhood is rolling out the beta version of the Web3 wallet to […]

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Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps

September 12, 2022 Bitcoin.com

bitcoin.com

On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces […]

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Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program

July 14, 2022 Bitcoin.com

bitcoin.com

The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program that aims to “accelerate the growth of innovative companies from around the world.” Disney’s 2022 Accelerator Is Focused on Artificial Intelligence, […]

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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks

May 27, 2022 Bitcoin.com

11 Blockchains

Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by […]

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Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

April 23, 2022 Bitcoin.com

Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges 0 Million to Early Users

$100 million fund

On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge network “on steroids.” Polygon Supernets […]

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Polygon Announces Zero-Knowledge Identity Platform for Web3

April 1, 2022 Bitcoin.com

$450 Million

On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software […]

Polygon (MATIC)

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