Aztec Network will update its Layer 2 rollup solution on Ethereum to a new version called Connect. The new update, which focuses on smart contract data privacy, will go in the coming days. Previously...
Tag: layer
Syscoin releases Layer 2 Rollup Suite dubbed Rollux
Syscoin, a scalable blockchain protocol designed to allow for fast and secure applications, has released its Layer 2 rollup suite dubbed Rollux to enable native or cross bridge apps to tap into Web3 s...
UFC Selects VeChain as its first official layer 1 blockchain partner
The mixed martial arts organisation UFC has appointed VeChain as its first official layer 1 blockchain partner. The collaboration, beginning on Saturday, June 11, includes a range of synergies into UF...
UFC Taps VeChain as First Official Layer 1 Blockchain Partner
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Uncertainty looms over future of Ethereum layer 2s after Proof-of-Stake goes live
Ethereum 2 (Consensus Layer) is set to take a significant step forward as the Merge testnet goes live around June 8. ? Ropsten Merge Announcement ? Ethereum’s longest lived PoW testnet is moving...
Layer by Layer Issue 33: Ethereum, Cosmos and Polkadot
June 2, 2022, 12:51PM EDT • 18 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 bridges...
Ethereum Layer 2 Boba Network integrates with Fantom and Moonbeam
Boba Network, Layer 2 scaling solution on Ethereum, has gone multi-chain by expanding to two other Ethereum-compatible chains: Fantom and Moonbeam. Boba Network is a Layer 2 solution that leverages O...
US Top Exchange Kraken Launches Futures Trading For Ethereum Layer 2 Token Optimism (OP)
– Advertisement – Just In: Optimism (OP) Has Just Been Listed On Kraken Futures. Kraken crypto exchange has listed yet another upcoming cryptocurrency on its platform. The crypto, known ...
Ethereum Is Making More Money Than Ever From Layer 2 Networks
Key Takeaways Layer 2 networks are spending more gas than ever settling transactions on Ethereum mainnet. The Wednesday following Optimism’s token launch saw Layer 2 networks use a record-breaki...
DeFi Protocol Balancer Launches on Ethereum’s Layer 2 Scalability Platform Optimism
Balancer worked along with decentralized investment platform Conjunction X to deploy a decentralized exchange (DEX) that will compete within the Optimism ecosystem. Decentralized finance (DeFi) protoc...
Optimism Revenue Outperforms Layer 1 Networks Following Launch of OP Token
Arman Shirinyan Layer 2s are already becoming bigger than some alternative networks Alternative L1 networks are already generating less fees than Ethereum’s L2 networks like Optmism or Arbitrum....
Balancer Goes Live on Ethereum Layer 2 Network Optimism
Key Takeaways Balancer has launched on the Ethereum Layer 2 network Optimism. Beethoven X, Balancer’s first friendly fork on the Fantom blockchain, led the front-end integration efforts. Balance...
Layer 2 Bridges Clog as Optimism Airdrop Recipients Leave Network
Key Takeaways Many recipients of Optimism’s new OP token have begun offloading their holdings and transferring them back to Ethereum mainnet. The exodus has caused a lack of liquidity in bridges...
Ethereum Layer 2 Optimism Launches Token Airdrop
Key Takeaways Optimism’s OP token is live. A portion of the OP supply has been distributed to eligible addresses via an Ethereum airdrop, with more airdrops to follow in the future. The OP token...
Has the trilemma been solved by new Polygon backed layer 1 blockchain?
? Want to work with us? CryptoSlate is hiring for a handful of positions! Partisia is a Layer 1 network claiming to solve the Blockchain Trilemma with ZK privacy, sharding for scalability, and an MPC ...
Smart Money is betting big on Web3, layer 2, May 19-25
Billions and billions. That’s what venture capitalists are spending to get ahead of the curve in crypto. Their latest fixation is Ethereum layer-2 scaling solutions and Web3, an umbrella term that des...
Avalanche wants Otherside launched on its layer two subnets
Avalanche has proposed a migration plan for the Yuga Labs Otherside metaverse project. Previously Yuga Labs had expressed interest in transferring Otherside to another blockchain following the skyrock...
Layer by Layer Issue 32: Fantom, NEAR, and TRON
May 26, 2022, 8:22AM EDT • 19 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 bridges ...
StarkWare Hits $8B Valuation as Ethereum Layer 2 Race Heats Up
Key Takeaways StarkWare has raised another $100 million, valuing the company at $8 billion. StarkWare CEO Uri Kolodny has stated that the raise signals strong support for the company’s Layer 2 ...
Comdex Building DeFi Infrastructure Layer for the Cosmos Ecosystem
Cosmos is a fast-rising Ethereum competitor, and Comdex is building the DeFi infrastructure layer for its growing ecosystem. Decentralized finance (DeFi) is defining the future of finance. While the s...
GameStop launches Ethereum Layer 2 Wallet
GameStop has announced the launch of its new self-custodial Ethereum wallet that leverages Loopring Layer 2 technology for dApps as well as storing crypto and NFTs. In its beta version, the wallet fr...
Layer by Layer Issue 31: Cosmos, Avalanche, and Solana
May 19, 2022, 3:37PM EDT • 20 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 bridges ...
ETH Layer 2 Deposits Now Open On Binance; No Signs Of Recovery Yet
Ethereum layer 2 deposits are now live on Binance, post completion of the optimism network integration. The key highlight includes the direct deposit of ETH to layer 2 without the use of the mainnet. ...
Optimism Introduces Bedrock as Layer 2 Upgrade
Ethereum layer-two (L2) scaling solution Optimism announced an upgrade called Bedrock on its network, with the benefits of lower fees and faster speed for transactions completed through the Optimistic...
Binance Integrates Ethereum Layer 2 Network Optimism
Key Takeaways Binance has integrated Optimism. Customers can now deposit ETH to the Layer 2 network without having to use Ethereum mainnet. Optimism is one of the leading Layer 2 solutions working to ...
Near’s Blockchain Layer Aurora Launches $90 Million In Funds To Accelerate DeFi Development
Near Protocol’s blockchain layer, Aurora has allocated a token fund worth $90 million in order to speed up the development of decentralized finance (DeFi) applications. Today, the fund was launched in...
Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy
It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The fact is that using Bitcoin to make a payment is t...
Vitalik Buterin urges layer two networks to maintain transaction fees below $0.05
The co-founder of the Ethereum blockchain, Vitalik Buterin, has said that the transaction fee on layer two networks needed to be below $0.05 to be “truly acceptable.” Buterin was responding to a tweet...
Are Layer Two Fees Still Too High? Vitalik Buterin Thinks So
An Ethereum supporter has recently brought attention to the L2 networks and their fees. Ethereum co-founder Buterin highlights that L2 fees should not be over $0.05. The overall TVL has seen a plunge...