Circle Enables Minting of USDC on Polygon, Streamlining Transactions and Access to DeFi Applications
Circle, the stablecoin issuer, has launched a new initiative that allows users and developers to mint USD Coin (USDC) directly on the Ethereum layer-2 scaling protocol, Polygon. This eliminates the need to bridge the stablecoin from Ethereum to another blockchain, simplifying the process. The integration promises near-instant transactions with minimal fees, making it crucial for a range of applications, including payments, remittances, trading, borrowing, and lending. <br>
Google Cloud joins Polygon PoS network as validator, helping to secure fast, low-cost Ethereum protocol
Google Cloud has become a validator on the Polygon PoS network, joining over 100 other validators. The same infrastructure used for YouTube and Gmail is now being used to secure the fast and low-cost Ethereum-for-all Polygon protocol. Validators on the network secure it by operating nodes, staking MATIC, and participating in proof-of-stake consensus mechanics. Google Cloud describes its relationship with Polygon Labs as an ongoing strategic collaboration.
Outlier Ventures partners with Polygon to launch Polygon Base Camp, four startups to receive $100,000 in direct investment
Outlier Ventures and Polygon have announced the joint launch of the fourth Polygon Base Camp, which focuses on two themes: using decentralized finance (DeFi) technology to attract the next billion users of banking infrastructure; and applying NFT technology to the real world through tokenization and circulation. According to the announcement, the four selected startups Alcancia, Tropykus, Junkyard, and LIQ will receive 360-degree support from theme experts, Polygon team, and shared mentor network, as well as a direct investment of $100,000 to guide them in completing the plan.
Polygon zkEVM mainnet beta will receive Dragonfruit upgrade on September 20
Polygon zkEVM mainnet test version will undergo the Dragonfruit upgrade on September 20th at 7:30 AM UTC (3:30 PM Beijing time), lasting approximately 2 hours. Once Dragonfruit is implemented, the Polygon zkEVM mainnet test version will be synchronized with the latest version of Solidity, maintaining the equivalence of Rollup and EVM by incorporating support for the latest EVM opcode PUSH0. The network will be available during the upgrade period, however, it is expected to experience approximately 2 minutes of downtime to facilitate the restart of the sequencer.
Polygon Announces Major Network Upgrade and Layer 2 Bridge Resync
Polygon, a major player in the world of cryptocurrencies, has announced plans for a network upgrade and resynchronization of its Layer 2 Bridge on September 18, 2023. The upgrade will not disrupt the overall stability of the ecosystem and will provide enhanced security, improved scalability, optimized performance, and future-proofing the platform.
Polygon Co-founder: Recursive ZK Proof Technology Will Be the Key to Realizing the Aggregator Layer and Is Expected to Be Deployed in the Next Few Months
Polygon, co-founder Sandeep Nailwal shared important information about the development of the Polygon ecosystem at the Token2049 conference. Polygon plans to invest $1 billion to develop a scalable solution based on zero-knowledge (ZK) proofs to further enhance the Ethereum ecosystem.
Diesel Offers NFT Access Passes for Milan Fashion Week
Diesel has released 300 limited-run NFTs in collaboration with Public Pressure, a dedicated NFT music marketplace, for $60 each. The NFTs, held on the Polkadot and Polygon blockchains, offer exclusive access to Diesel's Spring 2024 collection at Milan Fashion Week, as well as music events and virtual experiences.
Polygon zkEVM mainnet beta version will undergo Dragon Fruit upgrade
Polygon zkEVM mainnet test version will undergo its first major upgrade - Dragon Fruit, also known as ForkID5, requires an upgrade to the Polygon.zkEVM.sol consensus contract. According to the governance model of Polygon zkEVM, the upgrade process has been initiated and executed, and is expected to be completed on September 10th.
Polygon Foundation-Related Addresses Deposited a Total of 10.6 Million MATIC Into Binance in the Past 30 Days
According to Lookonchain monitoring, an address labeled "Polygon Foundation: 0x8d36" has deposited 6 million MATIC tokens (worth about 3.35 million US dollars) into Binance in the past 2 days. Another address labeled "Polygon Foundation: 0xf957" has deposited 4.6 million MATIC tokens (worth about 2.57 million US dollars) into Binance in the past 30 days.
Stake Hacker Transferred 126,444.44 MATIC to New Address
MistTrack announced on social media X (formerly Twitter) that the Stake hacker (0xf83...3dc) on Polygon has just transferred 126,444.44 MATIC to a new address (0x22b...63f).
