5 / 11 Relevant items tagged with #Layer2

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Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

[May 23, 2024 10:00 AM] Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs

[May 22, 2024 7:00 AM] The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.

Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M

[May 21, 2024 7:48 PM] One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.

Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster

[May 15, 2024 11:48 PM] Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.

Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims

[May 15, 2024 10:30 PM] Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing.

How to bridge to zkSync

[May 15, 2024 8:21 AM] Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions.

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

[May 10, 2024 10:30 AM] The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

[May 9, 2024 10:13 PM] Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.

Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back

[May 9, 2024 4:10 PM] Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."

Optimism to roll out new Superchain features for layer-3 devs

[May 8, 2024 9:25 PM] The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.

Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes

[May 6, 2024 10:01 AM] The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.

Bitcoin L2s set to explode as Runes congest BTC network

[May 1, 2024 7:55 AM] High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions.

Ethereum L2 Movement Labs raises $38M for Move-EVM adoption

[Apr 25, 2024 9:00 AM] Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

Why Base Chain Has Potential to Lock the Next Generation of Crypto Users

[Apr 24, 2024 10:05 AM] The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.

Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs

[Apr 24, 2024 7:00 AM] A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles.

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

[Apr 22, 2024 7:00 AM] CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.

Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

[Apr 22, 2024 12:27 AM]

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

[Apr 18, 2024 1:38 PM] Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

[Apr 17, 2024 9:00 AM] The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

The Weekly Reorg: Bitcoin Fashion Week

[Apr 16, 2024 1:13 PM] In case you missed it, Bitcoin Season 2 released part of its Spring/Summer collection last week. Amongst other things, Mezo, a “Bitcoin economic layer” came out of stealth with a $21 million fundraising round. Alpen Labs announced a $10.6 million…

Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet

[Apr 15, 2024 8:00 PM] The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.

Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding

[Apr 10, 2024 9:11 AM] Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network.

Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera

[Apr 9, 2024 5:47 AM] Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

[Apr 4, 2024 1:57 AM] The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.

Breaking Records: Mantle (MNT) Soars 40% In One Day To New All-Time Highs, Next Target Revealed

[Mar 27, 2024 6:00 PM] Layer 2 (L2) blockchain Mantle (MNT) has demonstrated remarkable performance, surpassing most of the top 100 cryptocurrencies in the market. The token has surged by 40% in the past 24 hours, reaching a new all-time high (ATH) of $1.49.  Mantle…

The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain

[Mar 27, 2024 1:22 PM] The meme coin frenzy that drove up activity – and failed transactions – on Solana appears to have quickly migrated to Base, Coinbase's six-month-old layer-2 blockchain. Who is the blue-faced creature behind the $BRETT token?

Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live

[Mar 27, 2024 11:26 AM] The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.

BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

[Mar 27, 2024 10:00 AM] The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.

Super Testnet Introduces Hedgehog: A Protocol For Asynchronous Layer 2 Bitcoin Payments

[Mar 26, 2024 12:11 PM] Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments."This is a protocol similar to the Lightning Network," Super…

Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto

[Mar 21, 2024 10:00 AM] The leading shared sequencer firm said it would further invest in its products as well as additional hires.