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First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
22.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
NFT Creation Platform Zora Launches Creator-Focused Layer 2
21.6.2023
Zora Network aims to make minting on its platform "faster, cheaper and more enjoyable," according to a press release
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
21.6.2023
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon
IMF Working on Platform to Support CBDC Cross-Border Interoperability
21.6.2023
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries. According to statements from IMF Managing Director Kristalina Georgieva, this would...
Branding: The layer-1 of a successful Web3 marketing strategy
20.6.2023
Building on a blockchain follows similar fundamental principles to building in real life
Binance's BNB Chain introduces layer-2 testnet powered by Optimism
20.6.2023
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network
BNB Chain Releases Layer 2 Testnet Based on Optimism's OP Stack
19.6.2023
Developers expect the opBNB blockchain to reach speeds of 4,000 transactions per second at a targeted cost of 0.005 U.S. cents per transaction
Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M
19.6.2023
The total value locked has increased by 12% in one week, according to data source L2Beat
Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise
15.6.2023
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.
As of June 14, 2023, the company has introduced its 'Send Globally' service to the third largest country in Latin America....
Bitcoin’s Lack of Layer 2s Is a Blessing in Disguise
14.6.2023
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
14.6.2023
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem
The Graph Starts Migrating its Settlement Layer to Arbitrum from Ethereum
14.6.2023
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions
Polygon in the process of creating the Value Layer
13.6.2023
Polygon is in the process of creating the Value Layer for the internet, which will allow a user to build, as well as share and program the Value Layer. This is similar to the internet offering the option of building and sharing information. The internet is known to establish connectivity with...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
12.6.2023
According to Polygon Labs, Polygon 2.0 will enable users to create, exchange and program value on the internet
Ethereum’s Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security
9.6.2023
In his blog post, Buterin shares that the network needs to address these components simultaneously, otherwise the blockchain fails
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
Jack Dorsey-backed Nostr Creator Collaborates With Zebedee on New Social Media Layer
8.6.2023
Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”)
Metronome now supports Optimism, a Layer 2 solution
8.6.2023
Optimism, which is an upcoming layer 2 solution, has been incorporated into Metronome. With the assistance of Metronome Synth and Smart Farming, all DeFi users will be able to execute efficient and economical formulas. This will, in turn, expose them to reduced network fees and provide them with...
Arbitrum Temporarily Stopped Processing Due to Software Bug
8.6.2023
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
6.6.2023
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software