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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
Binance opens layer-2 ETH deposits with Arbitrum One integration
19.11.2021
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees
Ethereum sees first consecutive week of deflationary issuance
2.11.2021
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network
Video Game Retail Giant Gamestop Seeks a Senior Engineer for Blockchain NFT Platform
27.10.2021
The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail...
OMG eyes a new all-time high after unveiling its 'Boba Network' layer-2 solution
1.10.2021
Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high
Check Out These 6 TikTok Videos That Will Become NFTs
1.10.2021
thereum">Ethereum (ETH), and powered by Immutable X, the first layer-2 scaling solution for NFTs on the blockchain, the company said
IMVU to integrate Immutable X for NFT gaming
28.9.2021
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem
Ethereum Layer 2 Protocol Metis to Host dApp Creation Hackathon on October 2021
28.9.2021
Metis, an Ethereum Layer-2 rollup platform promising low gas fees, quick transactions, native storage, and high security, has confirmed that it will hold a hackathon event beginning in early October. The project addresses Ethereum’s most critical challenges, including simplicity, speed...
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
DeversiFi Set to Launch Its First Layer-2 Bridge on Bitfinex
24.9.2021
The DeFi sector is set for another innovation as DeversiFi announces its first Layer-2 bridge. The swap will release the bridge on Bitfinex to facilitate low-cost and instant Tether transfers. In addition, the bridge will conduct transactions between DeFi and CeFi without using Layer-1 Ethereum....
Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
21.9.2021
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
LINK price locks in 36% gains following Ethereum layer-2's Chainlink integration
6.9.2021
LINK price surged also in the wake of a market-wide bullish boom, wherein Bitcoin and its top rivaling altcoins jumped in tandem
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
1inch announces deployment to Optimism's layer-2 solution
17.8.2021
1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees