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Ethereum Challenger Monad Labs in Talks to Raise $200 Million
13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...
Ethereum Layer 2 Tokens gain interest before Dencun Upgrade
13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...
Dencun Goes Live On Gnosis, Ethereum Next In Line
12.3.2024
The Ethereum Dencun upgrade has successfully launched on Gnosis Chain, showcasing its potential to lower transaction costs and significantly boost the performance of layer-2 solutions. Ethereum's mainnet activation is imminent, promising a more efficient and affordable blockchain experience...
Bitcoin Developers Forge Alliance to Standardize BRC-20 Tokens Amid Rising Popularity
12.3.2024
A coalition of Bitcoin developers have rallied to govern the BRC-20 fungible token standard as the Ordinals protocol surges in popularity. The coalition, which calls itself the Layer 1 Foundation, announced its new BRC-20 governance structure in a lengthy tweet on X on Monday. The Layer...
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
12.3.2024
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum
zkLink unveils $20M grant program for Layer 3 builders
12.3.2024
zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects...
Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
12.3.2024
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum ARB tokens on March 16.
The post Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16 appeared first on Cryptonews
Where Did We Go Wrong With Ethereum Scaling?
11.3.2024
Blockchain Builder Eclipse Labs Raises $50M Ahead of Layer-2’s Mainnet Debut
11.3.2024
Eclipse mixes tech from Ethereum, Solana and other blockchains
Tether's USDT Now Available on Celo
11.3.2024
The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions
Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
7.3.2024
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said
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
Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability
5.3.2024
With the completion of over 100 million transactions on the Goldberg testnet, Avail prepares for a mainnet launch that could enhance layer-2 efficiency and interoperability.
The post Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability appeared first on Cryptonews
Breaking Down Dencun’s Potential to Slash Ethereum Costs
4.3.2024
Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
4.3.2024
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al
Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M
2.3.2024
The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
2.3.2024
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard...
$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
MIA, BINU, TYGBS, XJOBS Blast Coins Surge 20,000% Instantly as Experts Eye This Next Big Crypto Winner
1.3.2024
Meme coin markets on new layer-2 blockchain Blast have exploded over the past 24-hours, as high-risk traders rush to make major gains on the low gas fee network. This article will provide an analysis of current trending tokens and look to see whether another new crypto, Green Bitcoin, represents...