In brief Botanix, a layer-2 blockchain built on Bitcoin, launched its mainnet on Tuesday. The network has touted its decentralization credentials, revealing …
layer2
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Analysis
HOOD Goes Parabolic As Robinhood Launches Massive Crypto Expansion With New Layer-2 Chain, Stock Tokens and More
by shayaanby shayaanTrading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into crypto. According …
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Markets
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin
by shayaanby shayaanThe banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the …
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Markets
Movement (MOVE) Plummets After Top US Crypto Exchange Coinbase Axes Support for the Layer-2 Project
by shayaanby shayaanThe Ethereum (ETH)-based layer-2 project Movement (MOVE) cratered to an all-time low on Thursday after Coinbase announced it would axe trading support …
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Markets
Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained
by shayaanby shayaanEthereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK …
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Markets
Celo Migration To Layer-2 Network Is Done, Bringing In New Era For The Blockchain
by shayaanby shayaanThe Celo blockchain’s long-awaited plan of becoming an Ethereum layer-2 chain has been completed, ending an almost two-year process, the main organizations …
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Markets
Solana Layer-2 Scaler Defies Crypto Market Slump, Surges 41% This Week Amid Multiple Exchange Listings
by shayaanby shayaanA Solana (SOL) layer-2 scaling solution defied the wider crypto market slump and surged by more than 41% this week following a …
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Markets
Retail Trading Giant Robinhood Lists Ethereum Layer-2 Arbitrum, Triggering Rally for ARB
by shayaanby shayaanAn Ethereum (ETH) layer-2 scaling solution is soaring after gaining support from US retail trading giant Robinhood. According to Robinhood, the ETH …
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DeFi
Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration
by shayaanby shayaanHybrid layer-2 network BOB’s mission to make Bitcoin the center of the decentralized finance (DeFi) universe continues through its integration with crypto …
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Smart Contracts
‘Hamster Kombat’ Telegram Game Launches Its Own TON Layer-2 Network
by shayaanby shayaanHit Telegram Crypto Game Hamster Kombat now has its own Layer-2 chain, The Hamster Network, which was launched on Tuesday on the …