Polygon

Polygon has announced the creation of pessimistic proof for AggLayer to help guarantee the security of an aggregated network. The new protocol is designed to be flexible thus ensuring safety for chains connected to the AggLayer. The Polygon team has announced the launch of pessimistic proofs using SP1, helping to enable secure, cross-chain interoperability. The announcement confirms that SP1, the leading zkVM solution built with Polygon Plonky3, will be used to create pessimistic proofs for the AggLayer. This will ensure…

Los Angeles, California, May 30th, 2024, Chainwire Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity and TVL. “We’re thrilled to support the developers and startups building upon Polygon’s sustainable blockchain infrastructure as it continues to break ground in the Web3 community. Today, we…

Wisdom, an AI-powered digital asset insight and automated funds platform has integrated the Chainlink CCIP to interlink with the Polygon and Arbitrum blockchains. Through CCIP’s Simplified Token Transfer, Wisdomise will now facilitate cross-chain transfers for its native token, WSDM, on other networks. As interoperability between different blockchains takes centre stage, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is emerging as a key technology. The latest to integrate CCIP is Wisdomise, a platform offering automated crypto funds and digital asset insight that leverages…

Polygon has hit over 800 million transactions over the past six months, the second-highest in the industry after TRON and just ahead of BNB Chain. Analysts believe that Polygon is in the buy zone despite gaining 8% in the past week, with the approval of Ethereum ETFs expected to be a massive tailwind for MATIC. Polygon has maintained its position as one of the biggest Web3 ecosystems globally, with data showing that it recorded the second-highest transactions over the past…

The altcoin rally has begun, with Polygon and Cardano making headlines with attractive gains. However, many cryptocurrency investors remain eye-focused on a presale coin named Raboo,(RABT) as it aims to bring memes and AI together, driving the $62 billion meme market to new heights. Having already smashed its presale with a 40% gain, will Raboo top the list of best altcoins to invest in for 2024, surpassing Polygon and Cardano? Let's find out. Polygon (MATIC) price nears resistance: Can it…

Fantom (FTM) and Polygon (MATIC) raised concerns about their future due to recent price declines. Nevertheless, the tokens swiftly bounced back and made a strong impression on the market with their price corrections. On the other hand, the upcoming ICO DTX Exchange (DTX) shows the potential to pose a significant challenge to FTM and MATIC due to its remarkable presale and trading features. Is DTX a threat? Let’s find out! DTX Exchange (DTX) Presale Soars by 100% From Stage 1…

New York City, New York, May 24th, 2024, Chainwire PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating blockchain technology into the traditional gaming world.  “We believe that launching our node license presale on Polygon PoS points to a pivotal moment in how blockchain can…

DePIN is coming to Ethereum, facilitated by Polygon that will enable the creation of composite DePIN dApps, merging DeFi and DePINs for innovative applications. Witness Chain is developing the DePIN Coordination Layer (DCL) that will enable DePIN innovative applications. Witness Chain has announced plans to develop a DePIN Coordination Layer (DCL). The platform has chosen Polygon to facilitate the integration of the project into the Ethereum ecosystem. Its choice to use Polygon highlights its relevance in the industry and particularly…

New York, USA, May 23rd, 2024, Chainwire Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly's innovative omnichain vaults: Enhanced Liquidity: Orderly's robust liquidity layer combines with Quickswap's, enabling leveraged trading with tighter spreads and lower slippage.Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all…