Polygon trims workforce amid $250M stablecoin payments pivot
Polygon Labs cut roughly 30% of its staff as it redirected capital and talent into a stablecoin payments strategy valued at more than $250 million....
polygon
DeadLock employs the use of Polygon smart contracts to evade detection since July 2025
by Logan Pierce
A new ransomware family named DeadLock is implementing the use of Polygon smart contracts to distribute and rotate proxy server addresses. According to the cybersecurity...
Polygon Eyes Bitcoin ATM Provider Coinme Acquisition for $100M to $125M
by Mason Clarke
Polygon is pursuing the purchase of Bitcoin ATM operator Coinme in a deal reported to be valued between $100 million and $125 million, a move...
Polygon Labs launches Open Money Stack to transform borderless stablecoin payments during 2026
Polygon Labs introduced this Thursday the Open Money Stack, a modular framework designed to facilitate borderless stablecoin payments and simplify global transfers. Sandeep Nailwal, founder...
Polymarket shows stronger retention than most DeFi, wallets and exchanges
by Logan Pierce
Polymarket retention outperformed over 85% of sampled crypto projects, driven by product design and targeted incentives. A cohort analysis of 275 crypto platforms found the...
Polygon Shuts Down zkEVM and Jordi Baylina Launches ZisK, a New Zero-Knowledge Technology Startup
by guido
TL;DR Polygon decided to discontinue its zkEVM chain and shift resources to PoS and AggLayer, its multichain interoperability solution. Jordi Baylina separated the zkEVM team...
Polygon Redefines Its Strategy and Appoints Sandeep Nailwal as CEO of Its Foundation
by guido
TL;DR Sandeep Nailwal takes over as CEO of the Polygon Foundation to restore operational agility and tackle the growing fragmentation among Layer-2 solutions. Polygon will...
Polygon Surpasses $2 Billion in NFT Sales and Leads the Market Recovery
by guido
TL;DR Polygon reached $2 billion in total NFT sales, driven by steady growth from Courtyard and tokenized real-world assets. Between November and May, monthly sales...
Miden Raises $25M to Build the Edge Blockchain After Spinning Out from Polygon Labs
by jose
TL;DR Seed Funding Success: Miden, a pioneering blockchain project spun out from Polygon Labs, has raised $25 million from top-tier investors including a16z Crypto, 1kx,...
Polygon’s Explosive $22M Week Leaves Ethereum Behind
by jose
TL;DR Polygon outpaces Ethereum: Polygon’s NFT sales hit around $22M, overtaking Ethereum’s nearly $19M, signaling a notable market shift. Courtyard fuels momentum: The RWA project...