2 / 11 Relevant items tagged with #layer2

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Ethereum price shows strength, but a 23% drop in DApps activity raises concern

[Oct 15 9:15 PM] Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.

Crypto market matured ‘dramatically’ in 2024: Coinbase

[Oct 15 4:41 PM] Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report. 

Blockstream secures $210M debt funding for Bitcoin layer-2 strategy

[Oct 15 4:35 PM] The company raised $210 million in debt financing less than a month after launching a security token offering in Europe.

Scammers promote fake Uniswap L2 on Google amid Unichain hype

[Oct 15 2:21 PM] Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets.

Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund

[Oct 13 12:00 PM] The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem. 

Scroll lists on Binance, sparking debate over centralization concerns

[Oct 12 10:36 AM] Scroll’s Binance listing has sparked community debate, with critics raising concerns about centralization, while Scroll’s co-founder has highlighted global growth strategies.

Uniswap (UNI) books 25% weekly gain leading into Unichain launch

[Oct 10 10:30 PM] UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain.

Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech

[Oct 10 1:00 PM] The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

[Oct 5 9:00 AM] According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October…

Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH? 

[Oct 3 7:39 PM] Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

[Oct 1 8:15 PM] The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth…

Ethereum blob count is ‘uncomfortably close to a ceiling’ — Vitalik Buterin

[Sep 27 3:53 AM] “I think the ecosystem is sleeping on the fact that it's uncomfortably close to a ceiling,” cautions the Ethereum co-founder. 

QED, Nexus aim to bring smart contracts to Dogecoin

[Sep 26 5:30 PM] The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.

Ethereum's Changing Landscape

[Sep 25 3:19 PM] For investors, ETH’s future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.

Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses

[Sep 25 9:11 AM] Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.

Ethereum’s value accretion narrative under duress after 19% drop in ETH DApp volumes 

[Sep 18 9:08 PM] ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.

Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone

[Sep 18 8:40 AM] In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s.

Risc Zero aims to bring blockchain security to ‘any’ off-chain app

[Sep 16 7:59 PM] Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.

Chainlink CCIP now live on ZKsync, boosting cross-chain interoperability

[Sep 16 2:00 PM] Chainlink’s CCIP goes live on ZKsync, empowers developers to create cross-chain DApps, and fosters greater interoperability.

Circle partners with Sony’s blockchain lab on USDC expansion 

[Sep 16 4:51 AM] The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election

[Sep 13 9:06 AM] The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.

Ethereum's Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further

[Sep 12 4:59 PM] In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it's ready to…

Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO

[Sep 12 1:02 PM] RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock

Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me

[Sep 12 5:36 AM] The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress.

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

[Sep 11 6:44 AM] Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.

Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

[Sep 9 2:00 PM] Restaking protocol Ether.fi selected layer-2 network Scroll as the settlement layer for products like its Cash card.

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

[Sep 9 9:30 AM] Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more…

Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet

[Sep 9 9:30 AM] Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.

Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

[Sep 8 1:05 PM] Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet

[Sep 6 12:37 AM] Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet.