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Polygon Labs Enters Into a Strategic Partnership with Irreducible

The Polygon Labs team announced via X on Tuesday that it has partnered with Irreducible to build production-grade zkVM based on Binius.

 Hassan Maishera

Italian State-Owned Bank CDP Issues €25 Million Digital Bond on Polygon Blockchain

Cassa Depositi e Prestiti SpA (CDP), an Italian state-owned bank, and Intesa Sanpaolo, Italy's largest banking group, have completed their first digital bond issuance on the Polygon blockchain.

 Nikolas Sargeant

Indian Crypto Exchange WazirX Loses $230M in a Hack

Indian crypto exchange WazirX was the victim of a security breach and lost over $230 million, accounting for roughly 45% of its total holdings.

 Hassan Maishera


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Learn more about Polygon Token.

Matic Network is rebranding as Polygon. The networks focuses on addressing the scalability concerns, slow block confirmations and the high gas fees. One of the approaches is by improving the user experience to simplify interactions in the decentralized world.  

The network addresses these setbacks by using an adapted version of the Plasma framework for building the decentralized platform. The adapted framework offers faster and low-cost transactions while retaining the finality on the main chain.