Search
Coinbase’s Base Ethereum Layer-2 network sees a rise in activity
5.6.2024
Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation. Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...
Starknet launches $25M token incentive for top projects
28.5.2024
This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June
17.5.2024
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June
Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
The post Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report appeared first on Cryptonews
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
10.5.2024
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."
Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’
7.5.2024
Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden.
The post Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’ appeared first on Cryptonews
Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000
9.4.2024
Ethereum layer-2 scaling blockchain Base, that was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a building meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds...
Ethereum Layer-2 Protocol Starknet Sheds Light On What Caused 4-Hour Block Outage
5.4.2024
Ethereum layer-2 scaling solution, Starknet, is giving insight into why the protocol experienced an estimated four hour outage on April 4. The Block outage marks the latest in a challenging year for the protocol ahead of the April launch of its STRK coin.
The post Ethereum Layer-2 Protocol Starknet...
Ethereum Layer-2 valuation is expected to reach $1 trillion by 2030
4.4.2024
The valuation of Ethereum layer-2s is predicted to reach a massive milestone of $1 trillion by the end of 2030. This is based on the fundamental analysis of five key areas under the lenses of user experience, developer experience, and technical capability. Key areas in the conversation...
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
The post Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto appeared first on Cryptonews
Ethereum Price Prediction as Dencun Upgrade Successfully Goes Live – Where Next for ETH?
13.3.2024
The Ethereum (ETH) price is consolidating just below $4,000 and close to multi-year highs in wake of the successful implementation of the Dencun upgrade, that, amongst other things, is set to deliver a major boost to the Ethereum ecosystem via delivering a significant reduction in Ethereum layer-2...
Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL
7.3.2024
Ethereum layer-2 scaling solutions like Arbitrum, Optimism, and Base, now manage over $36.7 billion worth of assets in TVL.
The post Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL appeared first on Cryptonews
$400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch
2.3.2024
Around $400 million in Ether (ETH) has been withdrawn from the Ethereum layer-2 network Blast after the launch of its mainnet.
The post $400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch appeared first on Cryptonews
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy
18.12.2023
Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...
Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
18.12.2023
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live
Arbitrum Price Prediction as Network Hit By Partial Outage Amid Traffic Surge – Where Next for ARB?
15.12.2023
ARB, the governance token for the Ethereum layer-2 scaling blockchain Arbitrum, is close to 5% lower on Friday, though is holding above its 21DMA at $1.10 despite news of a partial network outage. The blockchain’s official X account tweeted that its sequencer staled at 10:29 ET due to...
Mantle Launches Non-Custodial Liquid Staking Protocol on Ethereum
4.12.2023
Source: Adobe Ethereum layer-2 project Mantle has announced the launch of its new liquid-staking protocol, Mantle LSP. In a Monday post on X (formerly Twitter), the proejct said Mantle LSP will allow users to deposit ETH and participate in network staking through validator nodes. ???? Interact with...
New Ethereum Layer-2 Blast Closes in on Solana After Reaching $600 Million TVL in 10 Days
30.11.2023
Source: Screenshot from Blast.io The total value locked (TVL) on the newly launched Ethereum-based layer 2 network Blast has already closed in on Solana’s TVL after being live for just 10 days. Judging from data from Defi Llama, Blast currently boasts an impressive TVL of $621.6 million, just below...