Decentralized finance (DeFi) token bridges are essential for interoperability between different blockchain networks. However, these token bridges can have some pitfalls such as high transaction fees, ...
Tag: layer2
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 layer-2 scaling solution Polygon had 313,457 daily ac...
Ethereum Layer-2 Solution Scroll Secures $50 Million in Fresh Funding
Even in its pre-alpha stage, the Ethereum Layer 2 platform Scroll has reached one million unique addresses as well as 16 million transactions. On Monday, March 6, the Ethereum Layer-2 network Scroll w...
Coinbase exec claims Layer-2 Network could include AML measures
Base’s upcoming launch is expected to come with AML features Base is an Ethereum layer-2 network that offers users a secure and convenient way to develop decentralised applications Brian Armstrong, CE...
New Layer-2 Network May Include AML measures, Coinbase CEO Says
Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On...
Coinbase’s layer-2 network to face transaction monitoring
Coinbase CEO, Brian Armstrong, has revealed that the company’s new layer-2 network, Base, is likely to incorporate transaction monitoring and anti-money laundering measures. In an interview with Bloom...
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 anti-money laundering measures at launch. In an i...
ERC-4337 launched to drive adoption, Arbitrum CTO talks about layer-2 scaling
Per recent updates, the ETH Denver event is in progress with even more announcements and features being released to the crypto community. ERC-4337 launched Ethereum has for years supported three diff...
Coinbase’s NFT Marketplace and Ethereum Layer-2 Network
The head of protocols at Coinbase shared the plan for NFT marketplace and Base. The company is working to change the misconception of people as it is ready to do product innovation, its head of protoc...
TMS Network (TMSN) Shines Bright as Optimism and Arbitrum Fight for Control of the Layer-2 Market
The cryptocurrency market is one of the easiest places to make profits. However, to profit from your investments, you must first choose the right cryptocurrency, and invest in it at the right time. On...
Coinbase Utilizing Ethereum-Based Altcoin in New Layer-2 Scaling Platform
Top US crypto exchange Coinbase is now using price feeds from decentralized oracle network Chainlink (LINK) for its new Ethereum (ETH) layer-2 project called Base. Base is Coinbase’s layer-2 network p...
Ethereum Layer-2 Ecosystem Turning Into a Two-Horse Race
The Ethereum layer-2 scaling ecosystem is becoming a two-horse race between market leaders Arbitrum and Optimism. The two leading Ethereum layer-2 solutions providers have a combined market share of 8...
Shiba Inu Releases Beta Version of Its Highly Anticipated Layer-2 Project, Twitter Goes Nuts Over Elon Musk’s Picture of His Dog as New Twitter CEO, & TMS Network Is Here to Revolutionise the World of Defi
The world of cryptocurrency and decentralised finance (DeFi) is as crazy as ever with the latest developments. The Shiba Inu project has released its beta version of a Layer-2 protocol. Elon Musk has ...
Coinbase Launches its Own Layer-2 Network Called ‘Base’
Crypto exchange Coinbase announced the launch of Base – an Ethereum layer-2 network. Coinbase says Base is designed to be a low-cost, secure, developer-friendly environment that will attract more user...
Optimism Pumps 16% Amid Coinbase Layer-2 Launch
Optimism–a scaling solution built on Ethereum–has seen the price of its native token soar amid Coinbase’s announcement of its own layer-2 network on Thursday. The token, OP, is up 16% on the day acco...
Coinbase Is Building Its Own Ethereum Layer-2 Network Called ‘Base’
Coinbase has today unveiled Base, its own Ethereum layer-2 network. The company says Base will be the new home for the Coinbase’s on-chain products and—it hopes—an open ecosystem for millions of new d...
Coinbase Announces Launch of Ethereum Layer-2 Network
The cryptocurrency exchange Coinbase made the announcement about the launch of Base, an Ethereum layer-2 network, on February 23. The business has said that the newly launched network would provide a ...
Coinbase Unveils New Product “Base” To Rival Layer-2 Networks
Crypto News: What comes as a surprise to many, the cryptocurrency exchange Coinbase, which has the largest user base in the United States, has now officially ventured into the Layer-2 game. During th...
Coinbase Announces Launch of Layer-2 Ethereum-based Network
2 hours ago | 2 mins read Exchange News A testnet for Base has been operational since the beginning of the month. Coinbase is the first publicly listed business to establish a layer-2 blockchain netwo...
Ethereum Layer-2 Projects Polygon, Immutable Lay Off Staff
Ethereum Layer-2 project Polygon is letting go of some of its staff after merging multiple business units. In a blog published Tuesday, Polygon’s founders and president said they would lay off 20% of ...
Coinbase Launch ETH Layer-2 Network Based on Optimism, OP Token Pumps 6%
The largest US-based crypto exchange Coinbase unveiled its own Ethereum layer-2 network. Dubbed “Base,” the new network is built on the MIT-licensed OP Stack in collaboration with Optimism. According ...
Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support
Ethereum-based (ETH) scaling solution Optimism (OP) is skyrocketing after the announcement of a partnership with a scaling project incubated by the largest crypto exchange platform by volume in the US...
Bitcoin layer2 Stacks Network up 50% in 24 hours
Bitcoin (BTC) layer 2 (L2) network Stacks Network (STX) has risen by around 50% in the last 24 hours to $0.58533, according to CryptoSlate’s data. The surge in price follows the renewed interest...
Shiba Inu’s Highly Anticipated Layer-2 Project Is Ready, Says the Dogecoin Rival’s Lead Developer – Here’s the Release Timeline
A Shiba Inu (SHIB) developer says that the beta version of the meme coin’s highly anticipated layer-2 blockchain is set for unveiling. Pseudonymous developer Shytoshi Kusama tells his 881,400 Twitter ...
First Ever Layer-2 Coming to Cosmos (ATOM)
Blockchain scaling platform Dymension announced the completion of a $6.7 million fundraiser in a private round led by several investment firms and angel investors. According to a press release seen by...
Uniswap Community Votes in Favor to Deploy on Boba Network’s Ethereum Layer-2
The Boba Foundation on behalf of the Boba network community is happy to announce that the governance vote to deploy the top decentralized exchange (DEX) Uniswap v3 on the Boba Network L2 on Ethereum w...
What is Layer0, Layer1, Layer2, Layer3 in Blockchain? – Cryptopolitan
Blockchain is a revolutionary technology that allows for the secure and transparent exchange of data. It utilizes a series of layers to store and process information, which is referred to as Layers 0-...
Polygon (MATIC) Killer? Top Analyst Says One Layer-2 May Have Legs To Become Dominant Ethereum Scaling Solution
A popular crypto analyst thinks one layer-2 project could take out Polygon (MATIC) and become the dominant Ethereum (ETH) scaling solution. The semi-anonymous host of InvestAnswers known as “James” sa...
dYdX suspends the Layer-2 transfer feature to seal a possible exploit
dYdX, a decentralized exchange supporting the perpetual trading of crypto assets, including ethereum (ETH) and bitcoin (BTC), has suspended the Layer-2 transfer feature. The move follows a recommendat...