In brief The LINEA token will begin its airdrop process on September 10. More than 9 billion tokens will be available to …
layer2
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Markets
SEC Green Light on Liquid Staking Sends ETH Past $4K, Spurs Broad Staking and Layer-2 Rally
by shayaanby shayaanThe U.S. Securities and Exchange Commission’s (SEC) clarification around liquid staking continued to lift asset prices across the staking sector this week, …
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Hamster Kombat, a popular Telegram-based tap-to-earn game, is taking the world of Web3 entertainment to new heights with the launch of its …
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Scams
Ethereum Layer-2 Linea Reveals Token Plans, Taps SharpLink and Others for Distribution
by shayaanby shayaanIn brief Ethereum layer-2 network Linea aims to be the future home to the world’s Ethereum capital. The network unveiled some token …
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Analysis
Why Optimism (OP) Price Is Rising and What’s Next for the Layer-2 Token
by shayaanby shayaanOptimism (OP) has recently attracted fresh bullish momentum following a period of accumulation. The price action has carved out a robust structure …
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Scams
Bitcoin Layer-2 Network Botanix Launches Mainnet, Touts Decentralization ‘From the Start’
by shayaanby shayaanIn brief Botanix, a layer-2 blockchain built on Bitcoin, launched its mainnet on Tuesday. The network has touted its decentralization credentials, revealing …
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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 …