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Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M
15.11.2023
The Kinto network, built with the Optimism's OP Stack, features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions
Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism
15.11.2023
Redstone is operating in testnet, and aims to be cost-effective for on-chain games and decentralized applications
OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK
15.11.2023
OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...
dYdX Chain Kickstarts Operations With Beta Mainnet Launch
15.11.2023
Source: dYdX Cosmos-based layer 1 dYdX Chain has achieved a significant milestone with the recent release of its beta mainnet phase, marking the start of a live trading interface propelled by a community governance vote. The Beta Stage is live on https://t.co/hUHzHf2j0R ???? After the dYdX...
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
14.11.2023
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve...
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
14.11.2023
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects
Former Polygon Labs President Joins Rival Solution Optimism as Growth Chief
14.11.2023
Ryan Wyatt Source: LinkedIn Renowned Ethereum Layer 2 scaling protocol Optimism has snagged Ryan Wyatt, the former president of Polygon Labs, as its Chief Growth Officer. Let's keep it short & sweet My next chapter begins today as Chief Growth Officercontributing to the Optimism Collective!...
Today in Crypto: Bakkt Reveals International and Domestic Expansion, Justin Sun Offers 5% Bounty, Metaverse Platform ZEP to Build on Near
13.11.2023
Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press...
Solana Price Prediction as SOL Blasts Through Resistance at $47.50 – $100 SOL Incoming?
11.11.2023
Solana (SOL) Chart / Source: TradingView The price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol, continues to melt higher on Saturday, taking its rally since the start of the week 44% as the price tests $60. SOL/USD...
Is It Too Late to Buy NEO? NEO Price Gains 34% as a Fresh New Telegram Casino Token Grabs Attention
9.11.2023
Leading Chinese layer-1 Neo has exploded in a massive +34% move, but as NEO price pushes up, is it too late to buy NEO? Known colloquially as ‘Chinese Ethereum’, NEO price has enjoyed a strong resurgence throughout the market-wide rally in ‘Uptober’. Neo founder @dahongfei...
NEAR Foundation rolls out NEAR Data Availability layer
9.11.2023
NEAR Foundation has successfully introduced the NEAR Data Availability (NEAR DA) layer. Being a segment of the NEAR Open Web Stack, NEAR DA is a landmark innovation providing healthy and cost-effective data accessibility with regard to ETH rollups and Ethereum developers. NEAR DA is being delivered...
Today in Crypto: opBNB Becomes 2nd Most Popular L2 per DAU, Ripple Reveals Upgraded Ripple Payments, Bitwala Relaunches With Striga’s Help
8.11.2023
Source: AdobeStock / JeanLuc Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Blockchain news BNB Chain’s Layer 2, opBNB, has experienced on-chain growth and became the second most popular L2...
Ether (ETH) Set for 55% Surge After Key Technical Breakout, as Supply Turns Deflationary, Says This Well-Known Analyst
7.11.2023
Famous crypto data analytics firm Matrixport’s head of research Markus Thielen argued in a recent report that Ether (ETH) could be set for a more than 55% surge to $3,000. Ether is the second most valuable cryptocurrency in the world by market capitalization after Bitcoin (BTC) and powers...
Is ImmutableX Going to Zero? IMX Price Drops Suddenly as Rising Crypto Gem Secures $1.3 Million
7.11.2023
Leading layer-2 scaling solution ImmutableX (IMX) has entered major retracement, as IMX price drops suddenly following a skyrocketing price move yesterday, but with panicked IMX holders asking ‘Is ImmutableX Going to Zero?’ – could this emerging crypto gem offer better returns?...
Kraken looking to 'solve' industry challenges amid layer-2 rumors
7.11.2023
The rumors were fueled by reports citing anonymous sources and a job posting from Kraken which highlighted that the company is "enthusiastic" about layer-2 solutions
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
7.11.2023
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base
Jurat Launches Layer-1 Mined by Attorneys
6.11.2023
PRESS RELEASE. A group of attorneys and blockchain engineers are building a new Bitcoin fork blockchain using an emerging legal enforcement protocol that bridges the blockchain to state and federal courts. Called Jurat, the protocol enables capabilities like freezing disputed coins or recovering...
Major Token Unlocks in November: Aptos, Avalanche, Hashflow Take the Spotlight – Huge Sell-Off Incoming?
2.11.2023
November is seeing a wave of token unlocks from leading crypto projects, including Aptos, Avalanche, and Hashflow, which will dump over $320 million worth of tokens on the market. Among them, Aptos, a layer-1 blockchain project led by former Meta executives, will witness the most substantial token...
Deutsche Telekom Becomes Validator of Privacy-Focused Aleph Zero, More to Come
2.11.2023
Privacy-enhancing layer-1 blockchain Aleph Zero has announced Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, as its newest validator. Talking to Cryptonews, execs from the two companies discussed the relevance of supporting blockchains, what it means when a major company...