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Recent Crypto News And Event1. Osmosis (OSMO) Launches cross-chain token portal called Polaris.The platform will allow users to trade tokens across multiple blockchains through a single interface, eliminating the need for multiple wallets, bridges, and gas tokens. 2. Polygon Labs Partnered with Fabric Cryptography.Polygon Labs and Fabric Cryptography roll out ZK chips to accelerate AggLayer, bringing Verifiable Processing Units to the AggLayer ecosystem. 3. Binance Labs Invested in the top 5 projects from the MVB program.The five high-performing projects in the latest season of the Most Valuable Builder (MVB) program include Aggregata, Blum, Opinion Labs, SideKick, and Vooi. 4. CleanSpark Buys 7 Bitcoin mining facilities for $30M.CleanSpark announced it will acquire seven Bitcoin mining facilities and associated land in the Knoxville, Tennessee, area for total cash payments of $27.5M, or about $324,000 per megawatt. 5. Indodax Falls victim to a hack worth over $22M.More than $14M worth of Ethereum-based tokens, $2.4M in TRX, $1.4M in BTC, and $2.5M in MATIC, along with smaller amounts of other tokens, were stolen in the attack. 6. Paxos Set to launch its products on the Arbitrum Network.Paxos has decided to bring its stablecoin issuance and regulated tokenization platform to Arbitrum. Arbitrum stablecoins are currently available on Ethereum, Polygon POS, and Solana. 7. Ozean Joined forces with Velodrome Finance.Velodrome will expand to the Ozean blockchain as its anchor DEX and provide the essential liquidity and incentives needed to support the growth of the Ozean blockchain. 8. Mirada AI (MIRX) Announced a partnership with Ape Arcade.Mirada AI has partnered with Ape Arcade, a multi-platform gaming ecosystem on Telegram by Ape Terminal. Previously, Mirada AI announced multiple IDOs. 9. Hamster Kombat (HMSTR) HMSTR on Binance Launchpool and Super Earn! #BinanceLaunchpoolHMSTR #OSMOS/USDT #PolygonLabs #BinanceLabs

Recent Crypto News And Event

1. Osmosis (OSMO)
Launches cross-chain token portal called Polaris.The platform will allow users to trade tokens across multiple blockchains through a single interface, eliminating the need for multiple wallets, bridges, and gas tokens.
2. Polygon Labs
Partnered with Fabric Cryptography.Polygon Labs and Fabric Cryptography roll out ZK chips to accelerate AggLayer, bringing Verifiable Processing Units to the AggLayer ecosystem.
3. Binance Labs
Invested in the top 5 projects from the MVB program.The five high-performing projects in the latest season of the Most Valuable Builder (MVB) program include Aggregata, Blum, Opinion Labs, SideKick, and Vooi.
4. CleanSpark
Buys 7 Bitcoin mining facilities for $30M.CleanSpark announced it will acquire seven Bitcoin mining facilities and associated land in the Knoxville, Tennessee, area for total cash payments of $27.5M, or about $324,000 per megawatt.
5. Indodax
Falls victim to a hack worth over $22M.More than $14M worth of Ethereum-based tokens, $2.4M in TRX, $1.4M in BTC, and $2.5M in MATIC, along with smaller amounts of other tokens, were stolen in the attack.
6. Paxos
Set to launch its products on the Arbitrum Network.Paxos has decided to bring its stablecoin issuance and regulated tokenization platform to Arbitrum. Arbitrum stablecoins are currently available on Ethereum, Polygon POS, and Solana.
7. Ozean
Joined forces with Velodrome Finance.Velodrome will expand to the Ozean blockchain as its anchor DEX and provide the essential liquidity and incentives needed to support the growth of the Ozean blockchain.
8. Mirada AI (MIRX)
Announced a partnership with Ape Arcade.Mirada AI has partnered with Ape Arcade, a multi-platform gaming ecosystem on Telegram by Ape Terminal. Previously, Mirada AI announced multiple IDOs.
9. Hamster Kombat (HMSTR)
HMSTR on Binance Launchpool and Super Earn!

#BinanceLaunchpoolHMSTR #OSMOS/USDT #PolygonLabs #BinanceLabs
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🤑Disbandment is N+2, so comfortable! Polygon Labs has laid off 60 employees, accounting for 19% On February 1, Polygon Labs CEO Marc Boiron posted on the community that 60 people, accounting for 19% of the team members, had been laid off. Polygon Labs will provide 2 months of severance and health benefits to terminated employees (ends at the end of February). At the same time, Polygon Labs will increase total employee compensation by at least 15%, effective January 1, 2024, and new employees will also receive a 5% salary increase. Polygon Ventures, which became independent from Polygon Labs in late 2023, has been rebranded as P2 Ventures. The Polygon ID team will also operate independently from Polygon Labs in the coming months. #Polygon #polygonlabs
🤑Disbandment is N+2, so comfortable!

Polygon Labs has laid off 60 employees, accounting for 19%

On February 1, Polygon Labs CEO Marc Boiron posted on the community that 60 people, accounting for 19% of the team members, had been laid off. Polygon Labs will provide 2 months of severance and health benefits to terminated employees (ends at the end of February). At the same time, Polygon Labs will increase total employee compensation by at least 15%, effective January 1, 2024, and new employees will also receive a 5% salary increase.

Polygon Ventures, which became independent from Polygon Labs in late 2023, has been rebranded as P2 Ventures. The Polygon ID team will also operate independently from Polygon Labs in the coming months.

#Polygon #polygonlabs