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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 L2 Scene Heats Up With Boba Network Taking Second Spot in TVL
28.11.2021
Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, reached more than $1 billion in TVL, surpassing Optimism. This is likely due...
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...
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
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
Woman Allegedly Made $57,000 By Selling Unofficial Demon Slayer...Cakes
15.11.2021
A 34-year-old resident of Tokyo’s Shibuya has been arrested on suspicion of violating Japanese copyright law after selling unlicensed Demon Slayer cakes. According to Kyodo News, the women sold the cakes through Instagram, with customers submitting their desired images to be turned into frosting...
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
10.11.2021
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches...
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
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