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Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
20.4.2022
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the defi protocol on April 28, 2022, as part...
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
17.4.2022
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer...
Polygon Announces Zero-Knowledge Identity Platform for Web3
1.4.2022
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
23.3.2022
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s...
‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability
8.3.2022
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology....
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
7.3.2022
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming...
Layer 2 address activity slows, but Arbitrum bucks the trend
1.3.2022
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
Ethereum layer two TVL reaches all-time high
22.11.2021
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion
Ethereum Layer-two developer StarkWare valued at $2B following $50M raise
17.11.2021
Sequoia Capital led ZK-Rollup protocol StarkWare’s Series C funding round
Matter Labs raises $50M to build EVM-compatible zk-rollups
9.11.2021
The funding will be used to further develop zkSync v2, which is currently live on testnet
Nervos debuts mainnet beta layer-two blockchain project
5.11.2021
Following the roll-out, the platform is now welcoming Ethereum blockchain developers to build upon the Nervos network in a bid to broaden their DApp ecosystem
Arbitrum extends lead over Optimism as Uniswap posts record volume on L2
19.10.2021
DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs
Want to improve blockchain infrastructure? Work under layer-two solutions
3.10.2021
The DeFi sector is not undergoing the dynamic shift toward layer-two adoption alone — NFTs are following suit
Polygon briefly overtakes Ethereum for active addresses after 330% surge
30.9.2021
Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months
Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23
24.9.2021
Layer-two's surge to new heights, Bitcoin and DeFi EFT applications and Sushi's mistaken bug — all coming to you this week in Finance Redefined
Governance proposals and layer-two launches provide a boost to altcoins
14.9.2021
RGT, CRV and SNX saw double-digit rallies after new governance proposals and migrations to layer-2 platforms
Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN
13.9.2021
More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours