The blockchain game of musical chairs doesn't appear to be slowing down.

Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000.

Mastercard in partnership with Polygon is launching a Web3 musicians accelerator that will help 5 emerging artists set up and manage their brands in the Web3 space.

Polygon [MATIC] displaced Solana [SOL] off the 10th position on the market capitalization standings according to information from CoinMarketCap. The ousting happened despite SOL recording more than two times MATIC’s gains in the last seven days.

The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.”

Polygon’s [MATIC] zkEVM has remained a topic of discussion for quite a few months now. This was because its public testnet went live in 2022.

Solana (SOL) seeks to move back into the top 10 cryptocurrencies after temporarily flipping Polygon market cap on Jan. 14.

Ethereum (ETH) Layer-2 network Polygon (MATIC) proposed a hard fork on Jan. 17 to reduce gas spikes and address chain reorganizations by changing the BaseFeeChangeDenominator, according to a Jan. 12 statement.

Polygon Founder-led web3 accelerator startup Beacon, which was launched last December, on Wednesday announced that it is already hosting its inaugural demo day.

After a heated community debate last month, Polygon Labs appears to be moving forward with plans to hard-fork the network early next week, according to a blog post published on Polygon’s website Thursday. In the post, Polygon Labs claims the hard fork—proposed to occur January 17—will help prevent network gas fee spikes and address chain reorganizations, also known as reorgs. Unlike soft forks, hard forks are not backwards-compatible and require all node operators on the network to update to the latest software at a specified time. Some hard forks are contentious, while others are simply major upgrades to a network. (decrypt)

Holograph recently tweeted about going live on Avalanche, Polygon, and Ethereum mainnets. The platform makes developing multichain digital assets 10 times quicker, quicker, and easier.

Polygon [MATIC] recently reached a new milestone in terms of decentralized exchange (DEX) volume. It crossed $50 billion in DEX volume over the last 12 months, according to a tweet on 11 January.

We shouldn’t be surprised that Solana and Polygon networks face DDoS attacks that slowed down transactions and made these networks unusable on multiple occasions. This is the price of centralization.

Bonk Inu in a tweet on January 7 claimed that user experience on the Solana blockchain is so good that even Polygon’s co-founder Sandeep Nailwal experienced using BONK tokens.

SEC had a busy week; US regulators and the Fed jointly issue crypto warnings; Polygon partners with MasterCard; Animoca halves fundraising target.

On Friday (6 January 2023), payments giant Mastercard announced at CES 2023 that via a partnership with blockchain startup Polygon ($MATIC) it is launching a Web3-focused incubator to help artists.

DeLabs, the startup behind top Solana NFT collections DeGods and y00ts, has revealed that it received a $3 million grant to move y00ts to the Ethereum sidechain Polygon.

A look at the scalability, security and performance of two of the most popular smart contract blockchains, written by someone who has built on both and chose Solana for an upcoming wallet app.

Savage, a streaming application operating on the Polygon network, has partnered with Samsung, a leading producer of electrical gadgets, in order to provide Web3 users access to high-quality images & videos. In a statement on Twitter, the streaming protocol stated that its cooperation with the company would assist in the enhancement of the Web3 solutions that it currently provides.