Polygon


Finance

Brevan Howard, Hamilton Lane Back New Tokenization Platform Libre

Freshly out of stealth, Libre is also working with Nomura’s Laser Digital unit and has been built using Polygon’s chain development kit by tokenization pioneer Avtar Sehra.

Libre CEO Avtar Sehra (Libre)

Tech

Fox, Polygon Release Blockchain-Powered Tool 'Verify' to Weed Out Deepfakes

"Verify" is an open-source protocol built on Polygon's PoS blockchain, specifically used to establish the origin and history of registered media.

Screenshot from the new "Verify" tool showing a successful authentication – with transaction hash – of a Fox News article. (VerifyMedia/CoinDesk)

Tech

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, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

DOGE Meme shiba inu (Atsuko Sato)

Tech

Chainlink Data Feeds Available on Polygon zkEVM

Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.

Sergey Nazarov Chainlink Co-founder (Chainlink Labs)

Tech

Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.

Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)

Finance

Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced

The price started rising, on speculation, even before Tuesday's announcement that Polygon would allow users of its blockchain development kit to incorporate Celestia's "data availability" solution as a modular option.

TIA/USD chart (TradingView)

Tech

Polygon to Offer Data Solution Celestia as Option for New Layer-2 Developers

Celestia's "data availability" solution – pitched as a cheaper alternative to storing data on Ethereum – will become an option for builders who are using Polygon’s customizable software stack to spin up new layer-2 networks.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Videos

A Close Look at Polygon’s Deal With Draftkings

Blockchain data shows that Polygon quietly gave DraftKings preferential treatment while telling the public that it was an equal member of the validator community. CoinDesk's Managing Editor for Data and Tokens Danny Nelson discusses the key findings and the outlook for the Polygon ecosystem.

CoinDesk placeholder image

Opinion

Paying for Use Slows Down Crypto's Search for a Use Case

CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.

(Wexor Tmg/Unsplash, modified by CoinDesk)

Finance

Polygon Gave DraftKings Multimillion-Dollar Edge in Special Staking Relationship

Blockchain data shows the crypto project quietly gave DraftKings preferential treatment while telling the public it was an "equal" member of the validator community.

(Photo illustration by Scott Olson/Getty Images)