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Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership
23.3.2022
The Ethereum (ETH) layer 2 chain Loopring’s native token LRC is soaring in price today after revealing that the chain is working with the US-based gaming retailer GameStop to develop a new marketplace for non-fungible tokens (NFTs)....
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Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
18.3.2022
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round....
A16z, Paradigm Lead $150M Round for Ethereum Scaling Solution Optimism at $1.65B Valuation
17.3.2022
A16z previously led Optimism’s $25 million Series A round
Polygon onboards Simba Chain for Ethereum scaling and infrastructure development
17.3.2022
Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools
Klaytn token down 15% in a month, but network's TVL shows resilience
16.3.2022
KLAY's market cap is roughly 70% below its all-time high, but the network's TVL and DApp data hint that the service-oriented blockchain might bounce from its lows
Reef Launches NFT Team Focused on Graffiti and Electronic Music Artists
11.3.2022
PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly. In the last two months, Reef...
Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH
10.3.2022
MATIC price is still 50% below its all-time high, but the network’s TVL and DApp data hint that the layer-2 solution remains a serious contender
Espresso Systems Raises $32M to Bring Scaling and Privacy to Web 3
7.3.2022
The funding was led by Greylock Partners and Electric Capital, with participation from Sequoia Capital
Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight
4.3.2022
ETH traders were excited by the recent break above $3,000, but a handful of data points suggest that Ethereum price will stay in a downtrend
What Tokenization Could Do for Ethereum Scaling Solutions
2.3.2022
How adding a native token to Ethereum's layer 2s could give the ecosystem an upper hand
Ethereum Gets an Upgraded Scaling Testnet – And It's Actually Years Ahead of Schedule
25.2.2022
The zkEVM test network will be the first of its kind and could change the Ethereum scaling landscape in the near future
Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’
13.2.2022
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. According to Freeman, the vulnerability, which has been patched, could have allowed...
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
Cardano Introduces Pipelining: a New Consensus Layer Scaling Solution
2.2.2022
Cardano recently upgraded its plumbing method with the latest consensus layer scaling solution, pipelining. It will be a major part of Cardano’s scaling plan in 2022 to assist the ever-growing Cardano ecosystem. With Cardano entering the Basho development phase, the network is focusing on meeting...
BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
27.1.2022
As outlined by its creators, zkDAO will be community-driven and is currently seeking contributors
Top Crypto Trends to Watch in 2022, According to Pantera’s Paul Veradittakit
18.1.2022
With 2022 already underway and the crypto market still sliding lower, it's an excellent time to take a look at what expectations industry insiders have for the crypto landscape in the year before us.
To help you get some insight into what to expect for the year, we took a look at the main...
Zero-knowledge scaling tech Plonky goes live on Polygon
11.1.2022
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
8.1.2022
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart...