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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
27.4.2022
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token...
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...
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...
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...
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
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
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
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
Ethereum layer-twos reportedly processing more transactions than BTC
7.9.2021
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
13.8.2021
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two
SushiSwap CTO reveals why the project isn't scaling on Optimism anytime soon
12.8.2021
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
30.7.2021
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events
Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
14.7.2021
Long-awaited layer two scaling is finally being launched on Uniswap v3, albeit in a limited format initially
Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
13.7.2021
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks
Polygon announces scalable data availability infrastructure Avail
28.6.2021
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols
Bitcoin is ‘own worst enemy' and will lose to Ethereum: Charles Hoskinson
21.6.2021
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson