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Polygon
India Imposes 30% Tax on Crypto Transactions
India has passed a new law that will impose a 30% capital gains tax on cryptocurrency transactions, putting digital assets in the same taxation category as traditional stocks. “The Hash” discusses what this means for Indian crypto companies like Polygon, which now operate in a hostile market.

Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund
It’s the fund manager’s 18th investment product and third diversified fund offering.

What Layer 1 Protocols Must Learn From the Telecom Crash
Investments in protocols Solana, Polygon and Avalanche, among others, as well as layer 2 companion protocols, became increasingly profitable in 2021.

Rarible Bests OpenSea on Multi-Chain Support With Addition of Polygon NFTs
Polygon becomes Rarible’s fourth supported blockchain. OpenSea only sports three – but does 1,000 times the weekly sales volume.

Crypto Unicorns Closes $26M Token Sale Ahead of NFT Game Launch
The popular Polygon-based NFT collection will introduce its first play-to-earn game later this month.

UNXD Raises $4M to Bring Luxury Fashion to the Metaverse
The raise included participation from prominent metaverse investors Animoca Brands and Polygon Studios.

OneOf Expands Sports NFT Presence With New Collection on Polygon
The NFT platform known for its music marketplace is launching a series of one-of-one sports NFTs that grant holders exclusive perks.

African Web 3 Super App Jambo Raises $7.5M in Seed Round
The all-in-one education, play-to-earn and personal finance app is backed by Coinbase, 3AC, Alameda Research and Polygon Studios, among others.

Polygon Co-Founder on What’s Next for Web 3
Polygon, a layer 2 (L2) solution for the Ethereum blockchain, raised $450 million in its latest funding round to build Web 3 applications and invest in zero-knowledge technology.

Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech
Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.
