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Polyhedra Network

Polyhedra

ALL From Polyhedra Network

Polyhedra Network and Google Cloud have reached a cooperation, and developers around the world can access algorithms through ZK-as-a-service supported by Google Cloud

Polyhedra Network has reached a cooperation agreement with Google Cloud. This cooperation utilizes Polyhedra's cutting-edge research and proprietary algorithms, and developers worldwide can access these algorithms through the ZK-as-a-service supported by Google Cloud. Polyhedra's customized algorithms are carefully optimized to efficiently execute specific proofs on a large scale. The algorithm seamlessly integrates with Google Cloud's highly optimized infrastructure, ensuring that developers using ZK proofs get unparalleled performance and reliability.

Polyhedra Network partners with Renzo to provide $1.8 billion in crypto-economic security for its Bitcoin interoperability protocol

Polyhedra Network announced a partnership with Renzo to provide $1.8 billion in cryptographic economic security for its Bitcoin interoperability protocol by integrating Renzo's liquidity re-pledge token (LRT) and ZK token's dual pledge mechanism. This will achieve trust-minimized Bitcoin interoperability. In the future, ZK token (Polyhedra Network's native token) pledgers will receive profits from cross-chain messages in the Bitcoin ecosystem.

Polyhedra Network completed US$20 million in strategic financing at a US$1 billion valuation, led by Polychain Capital

Polyhedra Network completed a strategic financing of $20 million with a valuation of $1 billion, led by Polychain Capital and participated by Animoca Brands, Hashkey Capital, Longhash Ventures, Emirates Consortium, Mapleblock Capital, etc. This round of financing, like the previous four rounds, was conducted through a simple agreement for future tokens or SAFT. The round of financing ended last month, and the total amount of Polyhedra's financing has reached $75 million. This round of financing will be used to recruit cross-functional departments such as product, engineering, business development, and marketing, expanding the current team of about 50 people to about 80 people.

Binance Web3 Wallet will airdrop 1 million Polyhedra network tokens to users

According to an official announcement, Binance Web3 wallet will airdrop 1 million Polyhedra network tokens to users. During the event, users who complete the corresponding tasks using Binance Web3 wallet will be eligible to share the corresponding prize pool. Each eligible participant can receive up to 100 Polyhedra network tokens as a reward for each task. Users who complete all tasks can receive up to 200 Polyhedra network tokens.

Polyhedra Network partners with EigenLayer to introduce double staking mechanism for Bitcoin zkBridge

ZK interoperability infrastructure Polyhedra Network partnered with Ethereum's re-staking protocol EigenLayer to build a cross-chain protocol from Ethereum to Bitcoin network. It uses zero-knowledge proof technology and introduces a dual-staking mechanism, and ensures network security through a penalty mechanism to bridge Ethereum with Bitcoin network. zkBridge uses EigenLayer's decentralization and economic trust on Ethereum to bring secure interoperability to Bitcoin. Previously, zkBridge stated that it is working with multiple development teams, including various infrastructure, Bitcoin Layer 2 network, wallets, DeFi protocols, and tools applied to the Bitcoin ecosystem.

Polyhedra Network: Building the Largest Interoperable Bitcoin Ecosystem with zkBridge

Bitcoin, the very first blockchain, is evolving continuously, and its ecosystem is currently experiencing rapid expansion since the emergence of the Ordinals protocol. To foster further growth of a robust Bitcoin ecosystem, there is a pressing need for a solution that not only enables seamless interactions within Bitcoin and its Layer-2 networks but also facilitates interoperability between the Bitcoin ecosystem and other blockchain ecosystems like Ethereum and Ethereum Layer-2s.
Polyhedra Network: Building the Largest Interoperable Bitcoin Ecosystem with zkBridge

OKX Ventures announces Series A investment in Polyhedra Network

OKX Ventures, the investment arm of OKX, has announced that it has invested in Polyhedra Network, a ZK interoperable infrastructure, in its Series A funding round.Polyhedra Network is committed to building the next generation Web3 infrastructure using advanced zero-knowledge (ZK) proof technology, with a focus on interoperability, scalability, and privacy.

Polyhedra Network launches Bitcoin cross-chain message transmission protocol based on zkBridge

According to official sources, Polyhedra Network has launched a Bitcoin cross-chain message transmission protocol based on zkBridge to improve the interoperability of the Bitcoin network. This innovation aims to enable the Bitcoin network to efficiently and securely interact with other L1 and L2 blockchain networks through cross-chain interoperability.

Polyhedra Network announces building zkBridge on Arbitrum to bring secure and efficient interoperability

According to an official announcement, Polyhedra Network is building zkBridge on Arbitrum to bring secure and efficient interoperability. zkBridge enables fast settlement of cross-chain transactions from Arbitrum One and Nova to other networks, supported by a decentralized auxiliary verification network. The integration of zkBridge and Arbitrum Stylus simplifies smart contract creation and improves efficiency. Arbitrum Stylus promotes user-friendly zk proof usage, enhances security with private contracts, and enhances zk oracle, thus changing the interaction of smart contracts.

Polyhedra Network Launches zkBridge Fast Finality on opBNB, Which Can Complete Asset Transfers in 3 Minutes

Polyhedra Network, a Web3 interoperability infrastructure provider, announced the launch of zkBridge Fast Finality on opBNB, which significantly reduces cross-chain latency by combining decentralized trust verification networks. Users can complete asset transfers in just 3 minutes without waiting for 7 days, improving cross-chain interoperability efficiency and user experience, bringing a safer and more integrated future for digital blockchain.