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Manta Network Developer Raises $25M in Series A, launches layer 2 for ZK apps
19.7.2023
The raised funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific
Binance Integrates Lightning Network Deposits and Withdrawals
18.7.2023
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
18.7.2023
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day
Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum
17.7.2023
The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility
Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains
17.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum...
Binance Successfully Integrates Bitcoin Lightning Network for Faster and Cheaper Transactions
17.7.2023
Crypto exchange giant Binance has completed the integration of the Bitcoin Lightning Network, enabling its users to deposit and withdraw the world's number one crypto through this popular Layer 2 (L2).
Bitcoin Lightning Network is a second-layer solution that addresses scalability issues. It uses...
Celo, backed by A16z, proposes a transition to Ethereum Layer 2
17.7.2023
cLabs, the core developer of the Celo blockchain, has unveiled a bold plan to transform its Layer 1 network into a Layer 2 solution built on Ethereum. This strategic move aims to enhance security guarantees and improve the overall functionality of the platform. The proposal, shared on...
Binance completes integration of Bitcoin Lightning Network
17.7.2023
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'
13.7.2023
With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one
What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
12.7.2023
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative...
Layer-2 Blockchain Starknet's ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions
12.7.2023
The upgrade went live following a community vote that overwhelmingly agreed to deploy it to mainnet
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
MATIC Surges 10% as Polygon's 2.0 Upgrade Draws Closer
11.7.2023
Matic, the native token of layer-2 blockchain Polygon, has surged by 10% from Monday's low of $0.67 as traders anticipate the upcoming Polygon 2.0 upgrade
Is It Too Late to Buy Polygon? MATIC Price Rallies Up 5% in 24 Hours as Green Crypto Chimpzee Sails Past $800,000 Milestone
11.7.2023
The price of MATIC, the native token of Ethereum’s largest layer-2 scaling protocol by market capitalization Polygon, is up over 5% in the last 24 hours, as per CoinGecko.
MATIC was last trading just above $0.74 and to the north of its 50-Day Moving Average (DMA) for the first since April, as...
MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet
11.7.2023
The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography
Open-source advocates launch OP Stack testnet to fund public goods
7.7.2023
The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers
Polygon spinoff launches testnet bridge to allow for low-cost layer-2s
7.7.2023
Avail launched a bridge to transmit data availability attestations to Ethereum, potentially allowing for lower fees on some L2s
Starknet’s Quantum Leap hits testnet with TPS reaching ‘triple figures’
5.7.2023
Starknet's latest upgrade will scale the ZK rollup's throughput by 50X or more. But capacity is very different to real world usage
Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound
5.7.2023
The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025
Blockchain Scaling: Near Sharding versus Ethereum Layer-2s
5.7.2023
Blockchain technology is here to stay; implementing scalable solutions is the only option. Now, there are two separate approaches gaining traction in the current times. One deals with Near sharding, and another deals with Ethereum Layer-2. Both have a substantial fanbase to their names; however...