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Soaring growth of Ethereum layer-2 networks set to continue in 2023
19.1.2023
Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently
Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters
18.1.2023
Transactional activity can serve as a predictive indicator of forthcoming investor interest in any blockchain ecosystem
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
13.1.2023
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion
Optimism and Arbitrum flip Ethereum in combined transaction volume
11.1.2023
The two layer-2 networks processed more than 1.1 million transactions combined on Jan. 10
Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High
22.12.2022
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to...
Optimism announces 2nd round funding for Retroactive Public Goods
9.12.2022
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP. The distribution will be done among people and projects responsible for powering...
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support
29.11.2022
On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB...
Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
24.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
Crypto stablecoin issuer Circle adds Apple Pay support
16.11.2022
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers
Arbitrum sees steady growth as airdrop speculation leads to increased earnings
14.11.2022
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop
New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified apps
10.11.2022
NFTs from Layer 2 were not previously recognizable to apps like Twitter
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
Twitter user saves cross-chain bridge from potential exploit
20.10.2022
The BitBTC bridge reportedly had a bug that would essentially allow an attacker to mint fake tokens on one side of the bridge, and swap them for real ones on the other
Optimism collective launches OP stack
19.10.2022
Optimism takes immense pride and pleasure in making their formal deliverance of the next level of their created upgradable architecture, the OP stack. It is a modular blueprint that benefits all varieties of blockchains with the features of being enormously upgradable and interoperable. ...
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...
L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum
8.10.2022
Vitaly Yakovlev is CTO at DeFi platform ZKX.__________
This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. ...
Read More: L2 Wars:...
Lido launches layer-2 Ethereum staking and LDO rewards
7.10.2022
Lido has around 40% of all the staked ETH on the Beacon Chain