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Polygon (MATIC) Boosts Throughput with Madhugiri Hardfork
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Polygon (MATIC) Boosts Throughput with Madhugiri Hardfork

Polygon (MATIC)'s latest upgrade, the Madhugiri hardfork, enhances transaction speed and scalability, positioning it as a leading blockchain for enterprise solutions.

Toku Brings $1B Stablecoin Payroll to Polygon (MATIC), Targets 100+ Countries
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Toku Brings $1B Stablecoin Payroll to Polygon (MATIC), Targets 100+ Countries

Toku deploys compliant stablecoin payroll on Polygon (MATIC), processing over $1B annually. Integration with ADP, Workday, and Gusto enables instant global payments.

Polygon (MATIC) Details Open Money Stack Architecture After $250M Acquisition Spree
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Polygon (MATIC) Details Open Money Stack Architecture After $250M Acquisition Spree

Polygon (MATIC) Labs explains how Coinme and Sequence acquisitions create a vertically integrated stablecoin payments system spanning 48 US states and 50+ blockchains.

Polygon (MATIC) Labs Acquires Coinme to Build Stablecoin Payment Rails
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Polygon (MATIC) Labs Acquires Coinme to Build Stablecoin Payment Rails

Polygon (MATIC) Labs acquires Coinme, a licensed money services business with $1B+ in transactions, to integrate fiat on/off-ramps into its Open Money Stack infrastructure.

Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
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Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week

Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.

Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine
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Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine

Polygon's zkEVM Ethereum scaling solution will deploy on mainnet beta March 27.

API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM
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API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM

API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediaries and provides direct access to real-world data, aiming to enhance the DeFi ecosystem and decentralized finance future.

World Bank Issues Poverty-Reduction Bonds on Polygon, Leveraging Real-Time Impact Verification
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World Bank Issues Poverty-Reduction Bonds on Polygon, Leveraging Real-Time Impact Verification

The World Bank is issuing poverty-reduction bonds on Polygon, enabling real-time impact verification and increasing transparency in social development funding.

Starbucks Rolls out NFT-based Membership Program by Adopting Polygon
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Starbucks Rolls out NFT-based Membership Program by Adopting Polygon

American chain coffeehouse Starbucks has unveiled its NFT and Web3.0 program dubbed Starbucks Odyessy by adopting Polygon technology.

Hacker Steals $1m from Multi-Chain Crypto Wallet BitKeep
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Hacker Steals $1m from Multi-Chain Crypto Wallet BitKeep

BitKeep was robbed of $1 million in crypto tokens. The users who were robbed had approved their tokens on BitKeep's swap service - called a swap router - on the BNB Chain and Polygon.

Circle Launches Native USDC on Polygon
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Circle Launches Native USDC on Polygon

Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.

Ethereum Layer 2s See Surge in Popularity in Q1 2023
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Ethereum Layer 2s See Surge in Popularity in Q1 2023

Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.

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