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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...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X
2.2.2022
The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...
MetisDAO TVL surges by 99,800% as the layer-2 race heats up
21.1.2022
The total value locked on METIS rose by 99,881% in a month after the layer-2 project integrated with numerous DeFi protocols and cross-chain bridges
Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally
13.1.2022
A bullish technical analysis pattern and the potential approval of the EIP-1559 proposal could back MATIC’s attempt to rally to a new all-time high
How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
Arbitrum Network Stalled Due to Sequencer Downtime
10.1.2022
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special...
Arbitrum network suffers minor outage due to hardware failure
10.1.2022
A seven-hour Sequencer outage prevented transactions from being processed for the period, but all is operational again at the time of press
Boba Network Introduces ‘Wagmi’ Options for Developers and Builders
7.1.2022
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wagmi” options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain...
Coinbase exec says major Ethereum scaling improvements coming soon
4.1.2022
The Chief Product Officer at Coinbase foresees that there will be more advances in layer 1 to layer 2 bridges and rollup technologies
Polygon upgrade quietly fixes bug that put $24B of MATIC at risk
30.12.2021
“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani
Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
24.12.2021
Polygon's scalability, efficient processing times and very low gas fees provide a solution to Ethereum's current network limitations, according to Nailwal
Opera to integrate with Polygon, opening dApp ecosystem to 80M users
22.12.2021
Browser-crypto integrations have become a major theme as blockchain developers look prioritize ease of use in onboarding new participants
ShibaSwap Developer Hints at Shiba Inu Layer 2 Scaling Solution Release
20.12.2021
Shiba Inu makes headlines again with Eric M hints at its Layer 2 scaling solution. The ShibaSwap developer briefly discussed the subject in a discord server primarily focused on SHIB. When asked by a user about Shiba Inu’s Layer 2 solution, Eric responded “soon” without presenting a specific time....
Mintable app to support minting NFTs on the layer 2 Immutable X protocol
14.12.2021
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...
Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits
9.12.2021
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First...
The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution
2.12.2021
The Nervos Network is an open Blockchain platform for innovators to build applications that are decentralized, autonomous and universally accessible. They want to create an all-encompassing architecture that allows dApp developers to build once and reach all of these users, everywhere using layer...
Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round
1.12.2021
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build...
Privacy-Centric Crypto Mixing Protocol Tornado.cash Plans to Deploy on L2 Platform Arbitrum
29.11.2021
One of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash users to benefit from cheaper...
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