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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
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
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
21.3.2024
The shared sequencer leading firm said that the round would further invests in their products as well as additional hires
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
20.3.2024
The Ethereum layer-2 chain's status page warns users of high fees and slowdowns as traders flock to new Base meme coins
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
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
Optimism Finally Starts Testing 'Fault Proofs' at Heart of Design – and of Criticism
19.3.2024
A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Ethereum's Sepolia test network on Tuesday
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
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
Ethereum Activates 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees
13.3.2024
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
12.3.2024
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum
Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
12.3.2024
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum ARB tokens on March 16.
The post Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16 appeared first on Cryptonews
Blockchain Builder Eclipse Labs Raises $50M Ahead of Layer-2’s Mainnet Debut
11.3.2024
Eclipse mixes tech from Ethereum, Solana and other blockchains
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
4.3.2024
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al
$400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch
2.3.2024
Around $400 million in Ether (ETH) has been withdrawn from the Ethereum layer-2 network Blast after the launch of its mainnet.
The post $400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch appeared first on Cryptonews
Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield Manager
1.3.2024
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million
Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live
1.3.2024
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million
StarkWare Unveils New 'Stwo' Cryptographic Prover That's 'Blazingly Fast'
1.3.2024
The upgraded prover should lead to faster and cheaper transactions, according to StarkWare. The news comes just a week after StarkWare and Polygon announced Circle STARKS, a new type of cryptographic proof