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Polygon Labs Acquires Third ZK Startup, Taking Its ZK Investments to over $1 Billion

Polygon Labs has acquired Toposware, a Zero-Knowledge (ZK) startup, which has been working on its type 1 prover technology for some time now. The acquisition comes as Polygon Labs’ third one – it has acquired Mir Protocol and Hermez Network. It paid over $650 million in total for both those projects. With the Toposware acquisition, Polygon Labs’ investments in the ZK ecosystem go beyond the billion-dollar mark. The company has focused on delivering scalable technologies to improve the user...

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ZKFair Releases First Community-Owned ZK L2 Along with 100% Airdrop

The ZKFair initiative emerges as a community-driven response to injustices and challenges in the Zero-Knowledge (ZK) landscape. It introduces transformative features and a vision for a fairer, more inclusive ZK Layer 2 network. In response to perceived injustices, inflated valuations, and domination by venture capitalists within the Zero-Knowledge (ZK) landscape, a transformative movement has emerged. Introducing the ZKFair initiative, this community-driven effort seeks to rectify the...

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Polygon Labs Announced Upcoming Updates for Products and Events Expected in December

The Polygon community is looking forward to several community updates announced for this year, beginning with the Connect event in India. Polygon cofounder Sandeep Nailwal has shared a few updates the Polygon community should expect as the year comes to an end. In a post on X (formerly Twitter), Nailwal promised the community “exciting days ahead”. Polygon fam, as we approach the year end, some exciting days ahead for us. Save the dates. 7/12/23 : At Polygon Connect, We bring in an...

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