A gaming-focused altcoin built on Ethereum (ETH) is recording big gains, leading most of the crypto markets over the last month. MAGIC is the native token and “natural resource” of Treasure, a project...
Tag: layer2
Ethereum Layer-2 Platform, ZKSync, Releases New SDK in Swift
ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. ZKSync Releases ...
Shiba Inu (SHIB) Erupts As Crypto Project Prepares to Launch Layer-2 Beta
The dog-themed crypto asset Shiba Inu (SHIB) is surging amid a steady stream of hype on the project’s plans to create its own ecosystem. SHIB is up 21% in the last 24-hours and up 55% in the last two ...
Optimism emerges as a contender in Layer-2 space: can it overtake Polygon?
Optimism sees growing ERC-20 transactions, which could flip Polygon’s dominance in L2 space. Even so, Polygon maintains user market share dominance. Layer 2 solutions in the crypto market have been sh...
Optimism (OP) Price Prediction as it Surges in Popularity as Layer-2 Scaling for Ethereum
Join Our Telegram channel to stay up to date on breaking news coverage The Optimism blockchain has seen a steady increase in activity over the past few months, one reason OP’s price likely spiked in r...
Ethereum Layer-2 Token Prices Up Double Digits This Year
A handful of Ethereum-based layer-2 projects have been on a tear in the past week, with some of the sector’s associated token prices now up considerably in year-to-date (YTD) terms. Traders are now sp...
Binance Stakes 4,000,000,000,000 Shiba Inu (SHIB) As Project Details Update on New Layer-2 Blockchain
The world’s largest crypto exchange by volume is staking trillions of Shiba Inu (SHIB) tokens as the dog-themed asset provides updates on its upcoming layer-2 project. According to data from whale-sur...
Kusama talks about layer-2 of the Shiba Inu crypto
Shytoshi Kusama is the father of the Shiba Inu crypto meme. In recent hours, his hints about the launch of the Shiba Inu layer-2 blockchain have developed curiosity among Shiba Holders and other exper...
BitDAO’s highly composable and modular layer-2 solution Mantle is live
BitDAO has announced the soft launch of Mantle. It is the first modular layer-2 (“L2”) solution for Ethereum with distinct execution, finality, and data availability layers offering advanced performan...
Top Solana (SOL) NFT Marketplace Announces Extension to Ethereum (ETH) Layer-2 Solution Polygon (MATIC)
The largest marketplace for non-fungible tokens (NFTs) on the Solana (SOL) blockchain says it is integrating with blockchain scaling solution Polygon (MATIC). Magic Eden says it is adding Polygon as i...
Alchemy Launches NFT Allowlist Platform Spearmint for Ethereum, Layer-2 Projects
Blockchain software company Alchemy has launched a new product called Spearmint, which aims to make the NFT allowlist signup and management process easier for creators. Spearmint is a free product NFT...
Aave Votes to Deploy on Ethereum Layer-2 Solution zkSync
Following a three-day voting period, Aave community members approved Matter Labs’ proposal to deploy the decentralized lending protocol Aave on its Ethereum scaling product zkSync. Matter Labs i...
Arbitrum Airdrop Incoming? The Popular Layer-2 Network Looks to be Next
The airdrop season seems to have got traction once again. Is layer-2 blockchain, Arbitrum, the next major airdrop upon us? Arbitrum is a suite of fast, low-cost, and secure Ethereum scaling solutions,...
Boba Network Becomes BNB Chain’s First Layer-2 Scaling Solution – crypto.news
Boba Network has successfully deployed the first layer-2 scaling solution to BNB Chain, bringing improved scalability and low fee computation. The Boba multichain scaling solution is currently availab...
GameStop NFT Marketplace Launches on Leading Ethereum (ETH) Layer-2 Blockchain
An Ethereum-based layer-2 blockchain is announcing that GameStop’s marketplace for digital collectibles has officially launched and is now live on its platform. In a statement, ImmutableX says the Ame...
Algorand gets layer-2 protocol Mikomeda; but how did ALGO react to it
Algorand is one of the cryptocurrencies, which has seen its network grow despite the ongoing crypto winter. It has even collaborated within new avenues. Recently, a layer-2 protocol Mikomeda was launc...
Top Ethereum-Based Layer-2 Chains to Keep a Close Watch in Q4 2022
The Ethereum-based layer 2 solutions are gaining huge attention in recent times due to the fees Polygon (MATIC) Matic price, in recent times, has leaped beyond the crucial levels while Bitcoin &...
The First Community-Driven Layer2 Controllable Privacy Protection Protocol
There are two types of privacy in financial transactions: anonymity and confidentiality. When a non-profit organization receives an anonymous donation, they have no idea about the information of the d...
Boba Network Launches First Layer-2 on Moonbeam
Palo Alto, CA, 12th October, 2022, Chainwire Boba Network, the first multichain Layer-2 blockchain and Hybrid Compute platform, deployed its execution layer on Moonbeam to become the first Layer-2 liv...
Boba Network deploys first Layer-2 on Moonbeam
Boba Network, a blockchain-powered multichain Layer-2 scaling solution and Hybrid Compute platform, has become the first Layer-2 to go live on the cross-chain smart contracts platform Moonbeam. The mi...
Lido Finance Introduces Layer-2 Ethereum Staking And Unveils LDO Rewards – crypto.news
Lido Finance, one of the largest Merge staking providers, has launched on two layer-2 networks, Optimism and Arbitrum. According to the platform’s tweet, this move would improve users’ accessibility t...
Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards
Lido is now on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network. According to Lido, expanding its service...
Lido Finance launches layer-2 Ethereum staking- Decoding its impact on LDO
In a series of tweets made by Lido Finance [LDO] on 6 October, the leading Ethereum [ETH] staking platform confirmed the launch of ETH staking on layer two scaling solutions with token bridging to Arb...
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 staking providers, Lido Finance, has launched on two layer-2 networks, Arbitrum and Optimism, a move it says fur...
Can Arbitrum’s Organic Growth Leave Layer-2 Competitors like Optimism out of Picture?
September has been a busy month for Layer-2 platforms especially as the Ethereum Merge took away most of the market limelight. Nonetheless, Arbitrum’s steady growth has been baffling, to say the least...
Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’
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Ethereum’s First-Ever Layer-2 Domain Name Service Goes Live in October – crypto.news
ZKSpace Name Service (ZNS), the first-ever Ethereum layer-2 domain name service, is scheduled to go live in October 2022. With ZNS, users can map their complex 42-bit wallet addresses to human-readabl...
Avalanche Integrates Layer-2 Scaling Solution Boba Network
Ethereum layer-2 protocol Boba Network has announced the launch of its L2 scaling and augmenting solution on the Avalanche blockchain. In a press release shared with CryptoPotato on Wednesday, Boba n...