ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect
[Jun 11 1:00 AM] According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."
3 / 10 Relevant items tagged with #Layer2
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Optimism Finally Gets Its Mission-Critical 'Fault Proofs'
[Jun 10 2:00 PM] For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.
BitReXe: Enabling Parallel VMs on Bitcoin Network
[Jun 6 8:53 AM] Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2. Let’s firstly understand why Ethereum cannot achieve parallel EVM.To maintain network consistency and security, EVM…
Tezos Paris upgrade: Faster L2 transactions, lower Fees
[Jun 5 4:18 AM] Tezos’ 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future.
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
[Jun 4 7:00 AM]
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Fold Will Be Your Bitcoin Bank With CEO Will Reeves
[May 29 7:41 AM] Founders: Will Reeves and Matt LuongoDate Founded: 2014; Most recent iteration of company: 2019Location of Headquarters: RemoteAmount of Bitcoin Held in Treasury: “Stacking since the founding of Fold”Number of Employees: 22Website…
Aave Network Set to Launch Following Aave V4 Protocol
[May 28 7:01 AM] In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave…
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
[May 28 7:00 AM] ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
[May 23 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 12:27 AM]
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
[Apr 18 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 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 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 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.