Category Archives: Polygon news

SX Network Secures $9.5 Million in Funding Led By Polygon & Hack VC

SX Network, a Layer 2 blockchain running on Polygon, has raised $9.5 million in a funding round and grant led by Polygon and Hack VC with participation from CMCC Global, Nascent, FJ Labs and prominent investors like Polygon co-founder Sandeep Nailwal. As the first blockchain built using Polygon Edge, a customizable framework for building private […] The post SX Network Secures $9.5 Million in Funding Led By Polygon & Hack VC appeared first on Polygon | Blog.

PolygonInsights – WEEK16

Hola readers! From introducing PolygonSupernets to announcing the Stripe partnership, it’s been a wholesome week for us. But the good stuff doesn’t stop there, USDC deposits and withdrawals with Polygon are now live on Binance and Paris Hilton invested in Afterparty’s $4 Million Raise for Polygon NFT Ticketing. Let’s dive in.  Key takeaways:  The userbase […] The post PolygonInsights – WEEK16 appeared first on Polygon | Blog.

Incognito Has Deployed a Bridge to Polygon and Turned On Privacy Mode for Users

Incognito chain integrates with Polygon (full-stack Ethereum scaling solution) to bring a new privacy solution for MATIC hodlers. Based on the statistics on DeFiLlama, Polygon is currently the 8th biggest chain in terms of Total Value Locked (TVL). With various technologies involved, Polygon is one of the best ways to make Ethereum cheaper and faster[Read more…]

Onmeta Is Live on Polygon to Help dApps Seamlessly Onboard Users

Users want to be able to exchange their fiat to crypto and access their favorite decentralized applications. Onmeta is a B2B fiat to crypto payment gateway that will allow new users to buy your/any token with Indian-native payment methods (Debit/Credit card, Netbanking, UPI). It is the one-point solution for On & Off Ramp requirements for[Read more…]

Themis Is Unlocking $130M TVL Sitting on Polygon

If you haven’t already heard about the first-ever farming program coming to Uniswap v3 on Polygon ($15m in incentives) then first off where have you been?  Second, welcome back. There’s a lot to unpack, including how you’ll be able to generate even more returns by adding Themis into the mix. If you haven’t already put[Read more…]

ChainBet Is Launching Their Decentralized Betting Protocol on Polygon, Giving Everyone a Chance to Become the House

ChainBet’s verifiable games and Bankroll functionality will integrate with Polygon to create the ultimate DeFi betting protocol. ChainBet will be launching on Polygon in the month of May.  The decentralized betting protocol will leverage the Polygon commit chain to bring truly trustless betting to Polygon. Bankroll and veBET tokenomics will allow for users to earn[Read more…]

Partnering with Alchemy Catapulted Polygon's Growth 

Polygon’s suite of Ethereum scaling solutions, now supports over 19,000 dApps, including leading NFT marketplace OpenSea, metaverse projects such as Decentraland, Web2 entrants like Adobe and Opera, and DEXs like Aave and Uniswap.  As a Layer 2 scaling solution with Proof of Stake validators, Polygon had a winning formula from the outset – leverage Ethereum […] The post Partnering with Alchemy Catapulted Polygon's Growth  appeared first on Polygon | Blog.

Polygon Hits 19,000 DApps Milestone, Sixfold Growth in Half a Year

Polygon has hit a new adoption milestone with more than 19,000 decentralized applications (dApps) running on the network, a sixfold increase from 3,000 dApps in October, according to data from Alchemy, the world’s leading Web3 developer platform. There are now 8,000 monthly active teams building on Polygon PoS, up from about 6,000 in January and […] The post Polygon Hits 19,000 DApps Milestone, Sixfold Growth in Half a Year appeared first on Polygon | Blog.

WarpBeam Staking Pools Available On Safeswap Online

WarpBeam is happy to announce its staking partnership with Safeswap online. If you are still unaware of what WarpBeam is, we will take you through this article but before that, let’s see what staking exactly is. One of the most interesting aspects of investing in cryptocurrency is staking. It allows you to receive incentives for[Read more…]

DeFiForAll: Polygon Protocols Ally to Win QiDAO Wars

Zero-interest loans are one example of real-world applications of decentralized finance (DeFi) that has no parallel in the world of traditional banks. QiDAO is a Polygon-native lending protocol that lets users borrow against their crypto holdings for a small one-time repayment fee. There is now a battle for its control with millions of dollars at […] The post DeFiForAll: Polygon Protocols Ally to Win QiDAO Wars appeared first on Polygon | Blog.