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Nalezeno "L1 network": 5281

The Memecoin Frenzy Has Ignited a Scalability Arms Race


Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...

Ronin Network shatters records with over 20 million unique wallets


Sky Mavis’s prominent blockchain platform, Ronin Network, has achieved a remarkable milestone by surpassing 20 million unique wallets. This achievement underscores Ronin’s rapid growth and its increasing popularity, particularly in the blockchain gaming sector. Launched as a dedicated...

Coinbase’s Base Ethereum Layer-2 network sees a rise in activity


Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation.  Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...

Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s


Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...

An Introduction to Bitcoin Layer Two Solutions


Bitcoin, the pioneer of blockchain technology, has faced challenges as its adoption has grown. With its original design allowing only seven transactions per second, the network often struggles with scalability, leading to high fees and slower transaction times. To address these issues, Bitcoin...

Aptos Network to incorporate Chainlink data feeds and CCIP


Aptos Network will integrate Chainlink data feeds and CCIP, thereby providing developers in the Aptos ecosystem with access to crucial toolkits and high-quality data required for the development of dApps.  The programming language Move enables the creation of Aptos, a new-age layer 1 blockchain....

Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time


The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...

Bitcoin Well Launches Payments via Lightning Network in Canada


Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this...

TRON Network Officially Supported By LayerZero


PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON...

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels


Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...

Aave Network Set to Launch Following Aave V4 Protocol


In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest...

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