Polygon has introduced a new wallet feature allowing confidential stablecoin transfers using zero-knowledge cryptography via a partnership with Hinkal. This technology hides sender, recipient, and transaction details from public blockchain records while maintaining regulatory transparency through KYT protocols and audit capabilities. The move aims to attract institutional users who require privacy similar to traditional finance. Polygon's stablecoin holdings recently hit a record $3.6 billion, reflecting growing demand for privacy in blockchain payments amid broader industry trends and regulatory support for stablecoins.
Polymarket, a leading decentralized prediction market platform, experienced a security breach resulting in over $520,000 being drained from two smart contracts on the Polygon blockchain. The incident was caused by a private key compromise of an inter...
Deel, a global payroll platform, now allows employers in the Eurozone and the US to pay full-time employees in stablecoins using Polygon's fast, low-cost blockchain. This expands stablecoin payments beyond contractors to salaried staff, handling tax ...
Billionaire investor Mark Cuban has sold the majority of his Bitcoin holdings, expressing disappointment that Bitcoin has not served as a dependable store of value or macroeconomic hedge. Cuban noted that while gold surged, Bitcoin's price dropped, c...
