Cryptocurrency Market News Live Updates Latest News: the Federal Open Market Committee will release its September meeting minutes for U.S. inflation data on Thursday. However, in fear of a higher inte...
Tag: layer
Layer by Layer Issue 48: Cosmos 2.0
October 9, 2022, 11:49AM EDT • 15 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and brid...
Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue
Equity markets ended the trading week in a three-day depression after an upbeat Monday and Tuesday. The tech-heavy Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) dropped 3.8%, 2.8% and 2....
Lido launches support for staked ETH on Layer 2 integrations
Leading staking service provider Lido will now support the bridging of assets to Layer 2 protocols, it announced on Twitter. Lido allows users to stake ETH and receive staked ETH (stETH) in return. T...
Ethereum Staking Platform Lido Taps Layer 2 Networks Arbitrum, Optimism
Crypto staking service provider, Lido, launched on Ethereum layer 2 networks Arbitrum Bridge and Optimism. Lido first revealed its plans to expand stETH across the growing layer 2 decentralized financ...
Lido Finance Launched Layer -2 Ethereum Staking and LDO Rewards
Lido Finance is working hard to expand its services and upgrade its ecosystem. Lido Finance is known as one of the biggest merge staking facilitators; it has launched two layer-2 networks on Arbitrum ...
ZkSync head of product sees ‘starfield of 10x moments’ for Layer 3
ZkSync released details of what it believes could unlock crypto’s “10x moments” ahead of its Layer 2 mainnet launch, highlighting its new Layer 3 technology. These 10x moments – ak...
Layer by Layer Issue 47: Polkadot, Algorand, and Avalanche
September 29, 2022, 1:46PM EDT • 17 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and br...
Google Web3 Lead Says Google Cloud Is a ‘Layer Zero’ for Crypto
Google has set its sights on becoming the backbone of Web3. While it might come as a surprise to Web3 natives, Richard Widmann—Google’s head of strategy, Web3, and cloud—sees the Web2 giant as ideolog...
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
On an otherwise quiet day last month, the crypto industry woke up to big news – the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added 45 public Ethereum addresses to the s...
Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
As institutional adoption continues to grow, it is apparent that services for cryptocurrencies continue to have a demand. Monica noticed an increased demand for institutional adoption of crypto invest...
Ethereum Layer 3 Protocols Might Be A Thing, Here’s What To Expect
With the completion of the Ethereum Merge, founder Vitalik Buterin has turned his attention to other things that could help improve the network. Ethereum Layer 2 protocols had been big business back i...
Layer 1 Blockchain GRNGrid Secures $50M Investment From GEM Digital
Advertisement     The GRN Association revealed today that GEM Digital Limited, a venture capital firm specializing in digital currencies, has agreed to invest $50M in ...
Which Ethereum Layer 2 Will Be Next to Airdrop a Token?
Key Takeaways Several Ethereum Layer 2 projects could soon launch their own native tokens. Arbitrum, StarkNet and zkSync have all hinted that launching their own token may be necessary to help them de...
What Would Ethereum Layer 3 Look Like? Vitalik Buterin Has Some Ideas
Key Takeaways Ethereum creator Vitalik Buterin has published a blog post outlining how Layer 3 scaling solutions could work. He stated that Layer 3 solutions cannot consist of stacked rollups, as this...
Bitcoin layer 2 Statechains gaining recognition as the reality of privacy erosion sets in
On August 8, the U.S Treasury added Tornado Cash to its Office of Foreign Assets Control (OFAC) list. Officials alleged that the crypto mixer was used to launder over $7 billion of crypto tokens since...
A Layer 1 blockchain by a Russian bank? 1
Russian bank Sberbank has announced that it will now allow traders and holders of NFTs to host and mint their objects on its blockchain. According to the statement from the powerhouse, it has seen an ...
Layer by Layer Issue 44: Avalanche, Solana, and Cosmos
September 1, 2022, 1:02PM EDT • 21 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bri...
New Ethereum-based layer 2 utility token, ProperT, hits the market boasting some exciting benefits for crypto and real estate consumers alike
ESG Holdings, the charitable organization token issuer, recently released a utility token to proactively prepare for the future of a chaotic real estate market in the US. The token is called ProperT, ...
Ethereum Layer 2 Arbitrum Completes Nitro Upgrade
Key Takeaways Arbitrum has completed its Nitro upgrade. Nitro increases transaction throughput, reduces fees, and provides a better user experience for developers building applications. Now that Nitro...
Gaming industry Myria Releases Its Scaling Solution for Ethereum Layer 2 – crypto.news
Myria has announced the debut of their much-anticipated Ethereum layer-2 (L2) scaling solution centered on blockchain gaming and offers rapid and safe trades and zero gas fee transactions for NFTs. W...
Gaming Ecosystem Myria Launches Its Ethereum Layer 2 Scaling Solution
The blockchain-focused gaming company Myria will launch its highly anticipated scaling solution as a Layer-2 protocol on the Ethereum network. The company, boasting a user base of 1.2 million, affirms...
Blockchain gaming platform Myria launches layer 2 scaling solution on Ethereum
Myria announced today, August 30, the release of a blockchain gaming-focused Ethereum (ETH) layer 2 (L2) scaling solution for enabling quick and safe trades as well as zero gas fees for non-fungible t...
Layer by Layer Issue 43: Canto, Dogechain, and Polkadot
August 26, 2022, 9:32AM EDT • 21 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridg...
SafuuX-World’s First Auto-rebasing Layer 1 Blockchain Set for 2023 Release
Leveraging the ongoing success of the Safuu protocol, the Safuu team has announced the upcoming launch of the SafuuX. The world’s first auto-rebasing layer 1 blockchain, is scheduled for Mainnet in Ja...
World’s First Auto-Rebasing Layer 1 Blockchain Is Set for 2023 Release
– Advertisement – August 19, 2022, Brisbane, Australia – Leveraging the ongoing success of the Safuu protocol, the Safuu team has announced the upcoming launch of the SafuuX. The world’s f...
Release of the First Auto-Rebasing Layer 1 Blockchain is Scheduled for 2023
Advertisement     The Safuu team has announced the impending release of SafuuX, building on the protocol’s proven track record of success. To go live on Mainnet in Jan...
Shima Capital Launches Crypto Fund as Web3’s ‘Missing Layer’
The capital haul is the latest sizable endeavor to opportunistically emerge through crypto’s lingering bear market Shima Capital’s limited partners include billionaire investor Bill Ackman and Andrew ...
Full-Stack Layer 1 Protocol for Building & Scaling DeFi Applications
Radix is a decentralized finance network that is working to remove the barriers limiting the expansion of Defi by building a layer-1 protocol that can directly address the needs of Defi on a global sc...
Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem
August 15, 2022 – Singapore, Singapore Oraichain, the world’s first AI layer one for data economy and oracle services, has announced the ‘Oraichain for DApps accelerator program’ and its mission to ac...