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Polygon
Polygon Spin-Off Miden Secures $25M to Bring Speed, Privacy to Institutional Giants
The funding round was led by a16z crypto, 1kx and Hack VC.
Polygon Starts Aggregator Program, Successful Projects Will Airdrop Up to 15% Native Token to POL Stakers
Successful “graduates” will send up to 15% of native token supply to POL stakers and connect to the Agglayer network.
DeFi Game Aavegotchi to Abandon Polygon, Migrate to Coinbase’s Base
The migration aims to improve user experience, marketplace access, onboarding and comes amid sharp drops in user activity and total value locked on Polygon.
Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield
The plan uses Morpho Labs' vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.
The Protocol: A Quantum Threat to Bitcoin?
Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
Web3 Games Funding Stabilizing at $1B in 2024
Web3 gaming is not seeing the $4 billion fundraising highs of 2022 to 2023, but data from Game 7 DAO shows that the sector has stabilized around $1 billion as it matures. Telegram is a new standout platform for game building. Plus, many are leaving Polygon for Immutable and Arbitrum. Check out 2024 Web3 game trends with CoinDesk Anchor Christine Lee on "Chart of the Day."
In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.
Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.
Why Polymarket Fails to Raise Polygon POL Price
Polymarket has only brought in about $27,000 worth of transaction fees for Polygon Proof of Stake in 2024, according to data tracked by Token Terminal. Why does the popular predictions market fail to boost Polygon's token price despite its soaring popularity? CoinDesk's Christine Lee breaks it down on the "Chart of the Day."
