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Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
7.5.2024
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers
Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
7.5.2024
Non-fungible token (NFT) platform Ethernity, said it has switched to a artificial intelligence enhanced Ethereum Layer 2 network with advanced capabilities allowing it to combat counterfeit asset trading.
The post Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset...
Shiba Inu layer 3 blockchain will energize blockchain landscape
7.5.2024
According to the chairman of Cypher Capital, the community’s passion and support are essential for the success of any blockchain project. Despite a turbulent and challenging 2023, Shiba Inu remains committed to their vision of creating an inclusive cryptosystem. The company is actively designing...
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
FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan
7.5.2024
This transfer occurred just a day before FTX debtors were scheduled to release an amended restructuring plan for the exchange, adding a layer of intrigue to an already complex situation.
The post FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan appeared first...
Bitcoin reaches one billion transactions
6.5.2024
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence
Tascha Punyaneramitdee, Founder of INIT Capital, on DeFi, Liquidity Hook Money Markets, Point Farming in Crypto, and 2024 Trends | Ep. 331
3.5.2024
Tascha Punyaneramitdee, the Core Contributor and Founder of INIT Capital, discusses liquidity hooks and their benefits for users and businesses alike, what protocols must do to ensure they have a long-standing product, the pros and cons of the popular point farming, and her thoughts on DePIN...
Dogecoin (DOGE) Layer-2 solution wallet services to close next month
3.5.2024
Within the succeeding month, a commonly known Dogecoin (DOGE) layer-2 scaling solution known as meme coin announced it would be closing its wallet services. This move has attracted investors’ and supporters’ attention within the Dogecoin community. Mishaboar, a Dogecoin developer, published...
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
2.5.2024
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States....
Inco and Alt Layer join forces to revolutionize blockchain!
2.5.2024
Inco has formed a strategic partnership with AltLayer to integrate its Universal Confidential Computing Layer into AltLayer’s rollup suite, a significant milestone for developing decentralized applications. The primary objective of this collaboration is to enhance the effectiveness...
Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain
2.5.2024
Nibiru Chain, a $100 million Layer 1 blockchain, has announced two senior hires from Yuga Labs and Starknet Asia as part of its Asia expansion.
The post Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain appeared first on Cryptonews
Is Sei Going to Zero? SEI Price Drops 3%, Investors Stockpile This New GambleFi Token
2.5.2024
Ethereum and Solana competitor Sei's price has shed 11% in the last week, taking some of the heaviest losses in a brutal market-wide sell-off.
The post Is Sei Going to Zero? SEI Price Drops 3%, Investors Stockpile This New GambleFi Token appeared first on Cryptonews
TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking and More
2.5.2024
Industry insiders discuss decentralized AI, DePIN, RWAs, incoming regulations, the crypto market branching off into two streams, tokenizing trade, uniting Layer 2s, resolving network congestion, and much more.
The post TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking...
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?
2.5.2024
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0.
The post Stacks Price Prediction as STX Token Slides Under $2 –...
Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
1.5.2024
Is Optimism Going to Zero? OP Price Drops 4%, While Experts Are Stocking Up On This New GambleFi Token
30.4.2024
The native token for Ethereum Layer 2 scaling solution Optimism (OP) has fallen 4% in the last 24 hours amidst a market-wide pullback that has hit Layer 2 tokens the hardest. Optimism currently trades at a price of $2.39. This is down about 1% in the last hour. It also represents a 3.7% dip both...
cBridge backing the linking of uniETH with X Layer
30.4.2024
Following the backing of cross-chain staking with the help of uniETH tokens, the inclination was to provide added backing so that uniETH could offer holders further utility. Therefore, cBridge is backing the linking of uniETH with X Layer, a ZK-boosted decentralized Ethereum Layer 2 network. It...
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Algorand’s Price Becomes Top Performer as Excitement Builds Around New Meme Coin with $15 Million Raise
25.4.2024
So-called Ethereum killer and blockchain Layer 1 token Algorand (ALGO) is one of the better-performing tokens this week. The price of the ALGO token has appreciated 16% in the last seven days, according to CoinGecko, far outpacing the intra-week performance of market leaders Bitcoin (BTC)...
Avail integrates leading layer-2 networks to create more cost-efficient chains
25.4.2024
Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape