Tag: layer2
Thirteen years after first Bitcoin purchase, layer-2 solutions struggle to gain traction
Thirteen years after the world’s first Bitcoin (BTC) pizza purchase, the pioneer cryptocurrency network faces a new wave of disruption thanks to the a [...]
Aave V3 launches on Ethereum layer-2 network Metis
Decentralized liquidity protocol Aave has deployed on Ethereum (ETH) layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) f [...]
DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform
Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to [...]
Injective launches layer-2 testnet for Solana-based apps in Cosmos
Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses [...]
Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions
In episode 13 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw sits down with Metis co-founder Elena Sinelnikova. Metis is an Optimistic [...]
Ethereum layer-2 solutions may focus less on token incentives in the future
Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that lay [...]
Coinbase CEO hints its new layer-2 network could include AML measures
Coinbase chief executive Brian Armstrong has hinted that the firm’s new Layer-2 blockchain network Base may be subjected to transaction monitoring and [...]
Soaring growth of Ethereum layer-2 networks set to continue in 2023
Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months a trend that is set to continue in 2023.According [...]
Lido launches layer-2 Ethereum staking and LDO rewards
Lido has around 40% of all the staked ETH on the Beacon Chain.
One of the biggest Merge [...]
Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’
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What the Ethereum Merge means for the blockchain’s layer-2 solutions
Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. [...]
StarkWare nets $100M as investors bank on layer-2 success
Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in crypto [...]
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, [...]
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on th [...]
MetisDAO TVL surges by 99,800% as the layer-2 race heats up
Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract inve [...]