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Aligned Layer Secures $2.6M in Funding to Become a Faster and Cheaper Settlement Layer for Validity Proofs on Top of EigenLayer
15.4.2024
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $2.6 million in a funding round led by Lemniscap, a VC firm specializing in emerging crypto assets and early-stage blockchain startups. The round also won investment from Paper Ventures, Bankless Ventures and industry angels....
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
The post DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital appeared first...
Uniswap Labs Implements Fee Increase to 0.25% on Mainnet and Layer 2 Swaps
14.4.2024
Uniswap Labs, the creator of the Uniswap protocol, has increased the fees charged to users for trading on its interface.
The post Uniswap Labs Implements Fee Increase to 0.25% on Mainnet and Layer 2 Swaps appeared first on Cryptonews
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
Willem Schroé: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin
11.4.2024
A Belgian polymath and his team are building a “spiderchain” network that harnesses both bitcoin’s sound money properties and Ethereum’s technological capabilities
BlockDAG’s DAGpaper Launch Sparks 20,000x ROI Predictions Amidst SHIB & Ethereum L2 Optimism
11.4.2024
BlockDAG’s unveiling of the V2 Whitepaper, the DAGpaper, in Las Vegas signifies a monumental breakthrough in the crypto realm. Amidst optimistic forecasts for SHIB’s price and Ethereum’s Layer-2 solutions, BlockDAG’s $15.8 million presale surge cements its status as...
BitGo embraces ARB token, Enhancing Arbitrum’s Layer 2 capabilities
10.4.2024
BitGo decided to back ARB, a conventional ERC-20 governance token for Arbitrum, wherein customers can custody ARB in hot, custodial, and cold wallets. Added to that is the self-managed cold wallets. Arbitrum is a Layer 2 technology created to improve upgrading services by strengthening users’...
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
10.4.2024
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network
WOO X Introduces Meme Coin, Layer 2 Index Perpetuals in Partnership With Wintermute, GMCI
10.4.2024
Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP
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...
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
9.4.2024
The company is looking to offer an Ethereum-compatible environment that's faster than the original
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
9.4.2024
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications
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...
OKX Ventures Invests in UTXO Stack’s Seed Round for BTC Layer 2 Development
5.4.2024
OKX Ventures, a pioneer in Web3 technology, is happy to announce that it will participate in UTXO Stack’s initial fundraising round. UTXO Stack is a modular platform for establishing BTC Layer 2 blockchains. This seed round has been collaboratively led by SNZ and ABCDE with OKX Ventures...
ICB Network Enters New Era of Blockchain Technology With Advanced Layer 1 Project
5.4.2024
PRESS RELEASE. Singapore, April 5, 2024 – During this crucial period for the crypto industry, ICB Crypto Services is ready to announce the early launch of the Ideal Cooperation Blockchain (ICB) Network. Designed by the sophisticated ICB Labs, the ICB Network introduces a promising Layer...
Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
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...
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
4.4.2024
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming
Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
4.4.2024
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential...
X Layer joins hands with Swell Network
3.4.2024
X Layer has announced a partnership with Swell Network. While a lot of details are awaited, X Layer has made it public that they aim to unlock synergies and facilitate a seamless experience while staking on their network. Swell has confirmed the announcement by reposting it and sharing it with...