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Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator
4.12.2023
The release will be the second core product in the Mantle ecosystem, and comes just six months after the Mantle Network, a layer-2 network atop Ethereum, went live
Ethereum’s Layer 2 Blast Skyrockets to Half a Billion, Meme Moguls (MGLS) Sees Inflow of New Investors
1.12.2023
The DeFi ecosystem has been agog with the launch of Ethereum’s Layer 2 project, Blast”, which aims to eradicate issues relating to speed, cost, and scalability. While the market is still basking in excitement, Meme Moguls, currently undergoing its presale, is tapping into the wave, pulling...
Protocol Village: Arbitrum Lands RARI's New NFT-Focused Layer-2 Chain
30.11.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout
New Ethereum Layer-2 Blast Closes in on Solana After Reaching $600 Million TVL in 10 Days
30.11.2023
Source: Screenshot from Blast.io The total value locked (TVL) on the newly launched Ethereum-based layer 2 network Blast has already closed in on Solana’s TVL after being live for just 10 days. Judging from data from Defi Llama, Blast currently boasts an impressive TVL of $621.6 million, just below...
Celo Developer Sets Framework for Layer-2 Decision by January
30.11.2023
Source: Pixabay / jievani Celo’s developer has proposed a comprehensive plan to guide the selection of a Layer-2 technology provider, with a plan to finalize their decision in January 2024. cLabs, the primary developer behind Celo, published a “framework for selecting an L2 stack” on their...
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
30.11.2023
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry
BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second
29.11.2023
In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third quarters, the objective will be to lower the gas limit per block...
Today in Crypto: Toniq Launches ‘First Ordinals-Specific NFT Marketplace Built on Bitcoin L2’, Neobank Brighty Reveals European B2B Platform Brighty Business
29.11.2023
Source: AdobeStock / sipgus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ NFT news Toniq, a company building professional tools and services on the decentralized web, today announced the launch...
New Ethereum L2 Protocol Blast Faces Scrutiny as Paradigm Raises Concerns – Here’s What You Need to Know
27.11.2023
Source: Adobe / lumerb Blast, the newly announced Ethereum (ETH) layer-2 scaling network led by the founder of top NFT marketplace Blur, has faced some controversy despite gaining notable traction. For one, Paradigm, a prominent venture capital firm in the crypto space, has outlined numerous...
NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism
24.11.2023
BLUR, the native token of non-fungible token (NFT) platform Blur surged by 22% on Friday after being listed on Binance's convert feature
L2 Protocol Blast Secures $230M TVL in 48hrs as Yield Concerns Arise
24.11.2023
Source: Blast Blast, a new Ethereum Layer 2 network, has achieved an impressive Total Value Locked (TVL) of over $230 million within 48 hours of its unveiling. However, there’s a unique twist – the network does not exist yet. Blast has reached $230 Million in TVL within 48 hours. 37,131...
Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project
23.11.2023
Source: Adobe / 2ragon Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network. The deposit was made on Wednesday this week, just two days after Blast went live in “early access”...
Is Polygon Price Going to Zero? MATIC Drops 15% as This Novel Mining Project Secures $4.3 Million in Funding
23.11.2023
Leading layer-2 solution Polygon has tumbled in recent days, with MATIC price dropping -15%, and with some panicked bag-holders asking ‘Is Polygon price going to zero?’ – lets dig in. This comes following the breaking news that the emerging Swiss crypto city of Lugano (led...
Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
23.11.2023
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
21.11.2023
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February
The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In
15.11.2023
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain
Layer 2 networks hit $13 billion TVL but challenges still remain
15.11.2023
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
Is Immutable Going to Zero? IMX Price Takes a Dive as Budding Mining Coin Surpasses $4,000,000 Milestone
15.11.2023
Promising layer-2 scaling solution ImmutableX has once again entered minor localized retracement following the latest rally push, with IMX price trading high, and a new Bitcoin cloud mining cryptocurrency has exploded to $4m raised in presale. The sudden downtick in price action has left...