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Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet
26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain
Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API
26.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation...
Polygon launches POL token contract on Ethereum to eventually replace MATIC
25.10.2023
The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future
Coinbase open sources code for layer-2 network Base
20.10.2023
Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.”
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
18.10.2023
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago
Ethereum Layer-2 Scaling Solution Scroll Goes Live
17.10.2023
Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps).
According to the open letter by the L2 network blog on October 17, the launch of Scroll mainnet...
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
17.10.2023
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week
Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
16.10.2023
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides
Layer 2 solutions and the quest for decentralization. What lies ahead for Ethereum?
16.10.2023
As the cryptocurrency landscape has continued to evolve, Ethereum now stands at a pivotal crossroads, which stands to shape its future in a big way. While ETH’s price and market cap fell by 10% between July and September, the asset still outperformed Bitcoin by 2%. Moreover, as...
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
12.10.2023
The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs
Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon
10.10.2023
Circle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.
According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution.
This ends the bridged USDC from...
Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report
10.10.2023
Ethereum’s layer 2 networks have gained significant traction in the past few years as developers seek faster and cheaper solutions to interact with the blockchain.
According to a new report released by blockchain intelligence firm, Messari, layer 2 solutions recorded 61% of the entire Ethereum...
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
4.10.2023
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
12 crypto experts’ tips for companies working with tokenized assets
3.10.2023
As the idea of tokenizing assets continues to gain momentum, companies must keep regulatory compliance in mind
Optimism network launches testnet fault-proof system in pursuit of decentralization
3.10.2023
OP Labs implemented its modular fault-proof system on the OP Goerli testnet
Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion
29.9.2023
Today, the Arbitrum Foundation, an organization dedicated to supporting Arbitrum, an Ethereum Layer 2 network, announced a strategic partnership with protocol studio Fracton Ventures.
The collaboration seeks to establish Arbitrum's footprint in Japan, an outcome to be achieved through the launch...
PayPal Deepens Crypto Footing With Layer-2 Solutions and NFT Patent Applications
29.9.2023
PayPal has filed a series of patent applications that indicate the payments giant aims to research and build up across multiple domains within the cryptocurrency ecosystem.
One of the latest patent applications, filed in March 2022 and made public on Thursday, delves into the selection process...
Layer 2 Network Optimism Announces $26 Million Airdrop to 31,870 Wallets
26.9.2023
Layer 2 network Optimism announced the third airdrop of OP tokens to 31,870 qualified addresses aimed at bolstering community participation.
In an announcement on X (formerly Twitter), the company stated that the airdrop will see it allocate 19.4 million OP tokens approximately $26 million...
Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury
25.9.2023
The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March.
The tokens worth $59 million make up 0.69% of Arbitrum’s 10 billion total supply and according to reports, 7% of total airdrops remained unclaimed.
In March...
Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack
21.9.2023
Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic” technology