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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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Conversations about the Layer 3 networks are currently in the limelight as the well-known Ethereum co-founder Vitalik Buterin joins the escalating debate in the community, offering key perspectives on the solutions.
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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 (MATIC), in collaboration with Hong Kong-based game software company Animoca Brands and The Human Institute, has taken advantage of the current artificial intelligence (AI) trend by launching a new technology.
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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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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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