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NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains. The NEAR Foundation, renowned for its contribution to the NEAR protocol’s ecosystem, and Polygon Labs, have announced a pioneering venture to create zkWASM—a zero-knowledge proof technology tailored for WASM-based blockchains. This
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The developers of the Near and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov. 8. The new prover, called “zkWASM,” will for the first time allow WASM-based networks to join the Polygon ecosystem.Zero-knowledge, meet Web
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The aim of the tie-up is to allow for greater interoperability across chains. Original Source
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At the most recent FOMC meeting, Jerome Powell left rates unchanged. Markets responded positively. Stocks closed in the green, and although Powell touts higher rates for longer, the only thing staying higher for longer are crypto prices. The top ten cryptocurrencies by market cap all closed the week up significantly. With
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Magic Eden has introduced new features to enhance its support for the Polygon network, including an aggregation tool and royalty enforcement for its marketplace. Magic Eden, a notable NFT marketplace, is expanding its services for the Polygon (MATIC) network by introducing a set of innovative features aimed at enhancing user experience.
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"We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions," the job description reads. "The team has recently embarked on exploring how more protocols and decentralized applications can be integrated into Kraken." Source
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OpenSea, the digital marketplace for non-fungible tokens (NFTs), has expanded its multi-chain presence after releasing the Pro version to the Polygon sidechain. Taking to X on Nov. 2, OpenSea said users can now buy and sell NFTs on different marketplaces and blockchain networks. Moreover, OpenSea has launched a cross-chain bridge feature with Socket,
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MATIC price is consolidating gains above the $0.58 support zone. Polygon might gain bullish momentum if it clears the $0.650 resistance zone. MATIC
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Polygon has revealed that holders of its MATIC token can now transition their assets to the newly launched POL token. On Oct. 26, Polygon, a prominent layer-2 scaling solution for Ethereum (ETH), announced the initiation of its POL token upgrade. The latest development via an X thread revealed that several leading defi
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Following the announcement of the transition, MATIC experienced a 4% drop in its price, resulting in a reduced market capitalization of $5.8 billion. Polygon, a renowned blockchain scaling platform, reaches a pivotal moment in its evolution with the initiation of the POL token upgrade on the Ethereum mainnet. Months of meticulous
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