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EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
25.4.2024
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital
Pyth Network Price Feeds Launch on Morph Giving Developers Access to Real-Time Feeds
25.4.2024
Pyth Network has now launched its Pyth Price Feeds on Morph testnet, a Layer 2 which is looking to redefine the Ethereum scaling experience by combining ZK technology and optimistic rollups. This update will allow smart contract developers access to over 500 real-time price feeds across digital...
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
24.4.2024
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade...
Why Base Chain Has Potential to Lock the Next Generation of Crypto Users
24.4.2024
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward
Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network
23.4.2024
Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...
Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
22.4.2024
The upgrade seeks to solve congestion issues, and will officially launch in May
How the Bitcoin Halving Will Drive Action to Layer 2s
22.4.2024
Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
22.4.2024
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules
First Mover Americas: Bitcoin Layer 2s Have Their Moment
22.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving
22.4.2024
Merlin Chain Launches MERL: A Major Leap Forward in Bitcoin Layer 2 Solutions
19.4.2024
PRESS RELEASE. April 19th, 2024 — Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized...
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
18.4.2024
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
Coincover Unveils ‘Protected Co-Signing’ for Crypto Transactions to Prevent Fraud and Hacks
18.4.2024
Coincover, a provider of protection and insurance for digital assets, is launching an extra layer of protection service which screens transactions to detect risk of fraud or hacking.
The post Coincover Unveils ‘Protected Co-Signing’ for Crypto Transactions to Prevent Fraud and Hacks appeared first...
Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain
17.4.2024
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains
Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
17.4.2024
ZIGChain's ecosystem fund is backed by DWF Labs
Sui Blockchain Partners With TikTok Subsidiary BytePlus to Explore Web3 Gaming Opps
17.4.2024
Layer 1 blockchain Sui has partnered with BytePlus, a subsidiary of TikTok’s parent company ByteDance, to explore artificial intelligence and Web3 gaming projects on Sui’s blockchain.
The post Sui Blockchain Partners With TikTok Subsidiary BytePlus to Explore Web3 Gaming Opps appeared first...
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
16.4.2024
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021
OKX debuts X Layer Mainnet, bringing 50m users on-chain
16.4.2024
The dazzling firm OKX, famous for crypto trading and Web3 technology, recently released the public X-layer version. The network is fully developed using ZK Rollups, which work on Ethereum’s Zero Knowledge (ZK) Layer-2 (L2) system and seek to enable collaborative resource sharing and trading...
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
16.4.2024
The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year