Tag: Layer
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
The Ethereum (ETH) ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly open sourced codebase Chain Development Ki [...]
Crypto Frenzy Passes Without Sending Ethereum Fees Sky High, in Win for Layer 2s
“Earlier, gas fees on Ethereum would spike during periods of high activity (high volatility events, NFT launches)," Messari’s Goel said. Now, the over [...]
PancakeSwap DEX Version 3 Goes Live on Ethereum Layer 2 Linea Mainnet
PancakeSwap is already available on Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era and Arbitrum. The deployment follows a successful testnet ph [...]
Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand
"Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many ex [...]
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
Base, Coinbase’s new layer 2, has been fully operational for a week and has already seen an influx of bad actors. In the latest incident, crypto lende [...]
Layer 2 Arbitrum to Unlock 1.1B ARB Tokens in 7 Months
On March 16, the protocol designed to offer scalable and low-cost smart contract capabilities will "cliff unlock" 1.11 billion ARB tokens worth $1.24 [...]
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.
www.coindesk.com [...]
Coinbase Seeks New Revenue Stream From Layer 2 Network
Coinbase (COIN), the large publicly traded U.S. crypto exchange, said its new Base blockchain, a "layer 2 network," has gone live, heralding the start [...]
Layer 1 SEI’s Token May Debut on Binance With $468M Market Cap, Data Suggests
SEI's circulating supply upon listing will be 1.8 billion or 18% of the total supply of 10 billion, per Binance. So, at an early price of 26 cents, th [...]
Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week
“Since we announced Base, our mission has been clear and consistent: bring the next billion users and next million builders on chain,” Jesse Pollak, t [...]
Celo Proposal to Migrate to Ethereum Layer 2 Passes
Celo said in the proposal that the benefits of the move will include “further Ethereum alignment and EVM compatibility, a stronger security assurances [...]
Africa-Focused DeFi Platform Mara Releases Testnet for Upcoming Layer 2
“Blockchain technology has become a necessary utility and infrastructure that is critical and essential to the development of every country, similar t [...]
Manta Network developer raises $25M in Series A, launches layer 2 for ZK apps
P0x Labs, the cryptographic development team behind Manta Network, has announced that it raised $25 million in a Series A funding round, with leading [...]
MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet
Emphasizing that ConsenSys remains “dedicated to Ethereum,” Liochon said that “by moving over activities to layer 2, we basically are able to increase [...]
Shiba Inu-Based Layer 2 Shibarium Expected to Go Live in August
“The completed Worldpaper will be exhibited, all Shib branded projects will be published and Treat will be published in detail for the first time,” Ku [...]