Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and …
layer2
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The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement …
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Uniswap Labs, the primary developer behind one of the largest decentralized exchanges (DEX), Uniswap, shared Tuesday that its long-awaited layer-2 network, Unichain, …
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Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network …
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Analysis
Switzerland’s Largest Bank Tests Tokenized Gold Product on Ethereum Layer-2 ZKsync
by shayaanby shayaanUnion Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution …
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Markets
UBS Tests ZKSync's Layer-2 Tech, Showing Deeper TradFi Interest in Crypto
by shayaanby shayaanSwiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync. …
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Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase’s BASE at the forefront of this progress. According to data from …
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Markets
New Ethereum Layer-2 Scaler Soars to Top of Santiment’s Rankings of ERC-20 Coins by Development Activity
by shayaanby shayaanA relatively new Ethereum (ETH) layer-2 scaling solution has soared to the top of Santiment’s rankings of ERC-20 coins in terms of …
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Markets
Sony Group Launches Soneium Mainnet, Says Layer-2 Blockchain Aims To Unlock New Possibilities for Creators
by shayaanby shayaanThe Ethereum (ETH) layer-2 protocol developed by consumer electronics and entertainment giant Sony Group is now live. Sony Group says the Soneium …
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Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it …