Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech
Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.

Polygon Raises $450M From Sequoia Capital India, Galaxy, SoftBank to Support Web 3 Plans
Polygon will use the funding to build Web 3 applications and invest in zero-knowledge technology.

Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder
Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.

YouTube Loses Pair of Executives to Web 3
The long-time Googlers announced their departures on the same day YouTube’s CEO hinted at NFT plans.

Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking
The new program may offer 41% in staking rewards on an annualized basis for a limited time.

Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch
The browser includes a slew of new features aimed at onboarding some of Opera’s 350 million users to crypto.

Binance Partners With Gulf Energy, Polygon’s Upgrade Live
Binance partners with Gulf Energy to establish a Thai crypto exchange. Korean public broadcaster opens metaverse studio for election. Polygon’s mainnet upgrade goes live. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Indian Gaming Firm nCore Games Raises $10M for Web 3 Offerings: Report
The funding round was led by Animoca Brands and Galaxy Interactive and including participation from Polygon.

‘Wen Token?’: Polymarket’s New Airdrop Futures Market Has Answers
Speculators can now bet on whether big-name crypto projects will airdrop a native token in Q1 2022.

Polygon Stakes Claim to Fastest Zero-Knowledge Layer 2 With ‘Plonky2’ Launch
Th project’s co-founder cites new technology from one of its recently acquired scalability labs.
