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Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
27.3.2024
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
23.3.2024
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024,...
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
The post Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto appeared first on Cryptonews
Shibarium Sees Transactions Plunge 99%: Challenges Ahead for Shiba Inu’s Layer 2
21.3.2024
Shibarium, an Ethereum Layer 2 network built by Shiba Inu, is up against a significant drop in day-to-day transactions to the extent of 99%. The end of 2023 and the start of 2024 have witnessed increased acceptance of the Shibarium network, due to which daily transactions saw an upward swing...
Enterprise Ethereum Use Cases Expected to Increase in 2024
20.3.2024
Investors are not the only ones interested in Ethereum (ETH). An increasing number of businesses also plan to leverage Ethereum this year. While large companies have previously dabbled in Ethereum, industry experts believe that enterprise Ethereum is finally gaining momentum. Data from layer-2...
Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature
20.3.2024
The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter of 2024, released Wednesday
Jimmy Zhao, Senior Solution Architect at BNB Chain, on DeFi, AI, DePIN, Fully On-Chain Gaming, and One BNB | Ep. 318
19.3.2024
Jimmy Zhao talks about BNB Chain and Binance being separate entities, different layers of BNB Chain coming into a unified platform, shifting to fully on-chain models, bringing 15x lower fees, plans for more Layer-2 innovations, AI and DePIN projects the team's working with, and their focus...
Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade
19.3.2024
An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks. The Dencun upgrade...
Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops
15.3.2024
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards
Possible effect of Ethereum’s Dencun Upgrade on Layer-2 tokens
14.3.2024
Ethereum’s Dencun upgrade is slated to go live in the middle of March 2024. All eyes are on its Dencun Upgrade, which commits to bringing economic cost and efficiency transactions to the native network. Also, there are speculations that layer-2 tokens could get a potential boost from Dencun...
First Mover Americas: Robinhood Shares Jump, Layer 2s Become Cheaper
14.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Layer 2 Blockchains Become Cheaper After Ethereum's Dencun Upgrade
14.3.2024
The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data
Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade
14.3.2024
A Blast block explorer reported that the Blast network had encountered a disruption in block production due to the Ethereum Dencun upgrade.
The post Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade appeared first on Cryptonews
Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April
13.3.2024
The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April.
The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...
Ethereum Price Prediction as Dencun Upgrade Successfully Goes Live – Where Next for ETH?
13.3.2024
The Ethereum (ETH) price is consolidating just below $4,000 and close to multi-year highs in wake of the successful implementation of the Dencun upgrade, that, amongst other things, is set to deliver a major boost to the Ethereum ecosystem via delivering a significant reduction in Ethereum layer-2...
Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked
13.3.2024
Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer
Upgrade of Ethereum Will Lower Costs for Layer 2 Networks
13.3.2024
The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...
Ethereum Layer 2 Tokens gain interest before Dencun Upgrade
13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...