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STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar
21.2.2024
More than 490,000 individual wallets claimed 420 million starknet (STRK) tokens in the 24 hours after the highly anticipated airdrop went live, with the token's market cap remaining above $1.2 billion
Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop
21.2.2024
The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain.
The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
TRON announces its new Bitcoin Layer 2 Solution and roadmap
16.2.2024
TRON recently announced its new Bitcoin Layer 2 solution and roadmap on X/Twitter. The solution will decentralize and intertwine various tokens on the TRON network. The tokens will include stablecoins, merging TRON with the BTC network, and related L2s, like Bitcoin Ordinals. The integration will...
Layer-2 Chain Starknet's Much-Awaited STRK Token Airdrop Coming Next Week
14.2.2024
The airdrop will happen on Feb.20, and eligible users have until June 20 to claim their tokens
Kenny Li, Core Contributor of Manta Network, on The Future of Modularity, Decentralization, and More | Ep. 308
13.2.2024
In the latest episode of the Cryptonews Podcast, host Matt Zahab had a wide-ranging discussion with Kenny Li, Core Contributor to the privacy-preserving Polkadot–based protocol and layer-1 blockchain Manta Network. In this exclusive interview, Li talked about: the future of modularity and...
Optimism to Halt ETH Withdrawals for Testing Upgraded Incident Response System
9.2.2024
On February 15, the Optimism network will suspend ETH token withdrawals to test an updated security response system. Withdrawals will not be possible for one hour, the developers said. According to the announcement, ETH withdrawals from Optimism’s Level-2 network to the main Ethereum network...
Ethereum Developers Set March 13 as Target Date for Dencun Upgrade
8.2.2024
Ethereum developers have set a mainnet launch date for the Dencun upgrade, which will introduce several Ethereum Improvement Proposals (EIPs), including proto-danksharding, which is expected to drive down transaction costs on layer 2. During a bi-weekly coordinating call on Thursday, Ethereum...
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
8.2.2024
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet
Ethereum Developers Target March 13 for Milestone 'Dencun' Upgrade on Mainnet
8.2.2024
The timing for the long-awaited Dencun upgrade, with its much-touted "proto-danksharding" feature, was announced Thursday on a call with top developers for the Ethereum blockchain
Bitcoin Infrastructure Builder Bitlight Labs’ Seed Round Led by Gate Ventures, Gate.io’s VC Arm
6.2.2024
Feb 6th, Panama City – Gate Ventures, the venture capital arm of the Gate.io crypto exchange, recently led the seed round for Bitlight Labs, an innovative blockchain solutions provider utilizing RGB protocols to transform the Bitcoin ecosystem, bringing Layer 2 smart contract technology...
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
1.2.2024
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps
30.1.2024
Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...
Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline
26.1.2024
In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch 132,608 on Jan. 30, 2024, and will subsequently...
Polygon Nearly Matches Ethereum in Crypto User Acquisition in 2023
26.1.2024
Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023. According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy of Ethereum’s 15.4 million users....
Is It Too Late to Buy Manta? MANTA Price Blasts Up as Meme Coin Traders Shift Funds to This New Coin
25.1.2024
Promising layer-2 zkEVM Manta Network has seen its native token MANTA blast up in a dramatic rally. Given the rise, many are now asking whether it’s too late to buy Manta? The substantial price move has seen MANTA price hammer-up to a new all-time high, fresh off the back of an impressive...
SatoshiVM Marred by Controversy Days After SAVM Issuance
25.1.2024
SAVM jumped several thousand percent to a market capitalization of as high as $90 million a few hours after issuance
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
24.1.2024
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space. Powered by a Layer 2 network and...