Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program | Bitcoinist.com

According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency.

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Polygon CEO Debunks Layer 3 Networks, Contends Scaling Can Be Achieved Without Them | Bitcoinist.com

The Chief Executive Officer (CEO) of Polygon Labs Marc Boiron, has expressed a negative sentiment towards layer 3 (L3) networks, arguing the necessity and implications of the solutions for scaling Ethereum – the second largest cryptocurrency asset.

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Polygon Labs Slashes 19% Of Workforce To “Boost Performance” | Bitcoinist.com

In a recent development, Polygon Labs announced a workforce reduction, eliminating 60 roles, accounting for approximately 19% of its staff. The decision was communicated by Marc Boiron, CEO of Polygon Labs, in an update shared with the Polygon Labs team.

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Polygon Labs Advocates For Critical Infrastructure Status For DeFi Protocols In New Proposal | Bitcoinist.com

Regulatory oversight in decentralized finance (DeFi) has garnered significant attention recently. It has become a focal point for protocols and firms such as Polygon as they strive to navigate the evolving regulatory landscape and establish a solid foundation in the sector.

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