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Polygon
More Tokenized Treasuries Arrive on Polygon as Digital Bond Market Expands
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.

Polygon Proposes Token Switch From MATIC to POL for More Utility
If approved by the community, POL will work as a multipurpose token that can be used to validate multiple Polygon-based networks.

What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed solution, seen as years away.

MATIC Surges 10% as Polygon's 2.0 Upgrade Draws Closer
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.

Polygon Labs Promotes Boiron to CEO; President Wyatt to Depart
The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as "Polygon 2.0."

Azuki Is Rebuilding After Its Elementals Mint Mishap
Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH
Court documents from last November give a rough picture of the lender’s altcoin holdings.

Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
Polygon, a staking solution for Ethereum, says its new architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, with an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.

Warner Music Group Partners With Polygon on Blockchain Music Accelerator
The chosen projects will receive funding from both WMG and Polygon Labs and will also be eligible for mentorship and networking opportunities.

Robinhood Lays Off 7% of Full-Time Staff in Third Round of Job Cuts Since April 2022: WSJ
Robinhood (HOOD) has shed 7% of its full-time staff, or about 150 employees, in a third round of layoffs since April 2022, according to The Wall Street Journal. This comes as the trading platform delists Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that the SEC named as securities in its recent lawsuits against Binance and Coinbase. "The Hash" discusses Robinhood's recent business decisions.
