Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain

The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.

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Boba Network deploys first Layer-2 on Moonbeam

Boba Network, a blockchain-powered multichain Layer-2 scaling solution and Hybrid Compute platform, has become the first Layer-2 to go live on the cross-chain smart contracts platform Moonbeam. The milestone comes after Boba Network deployed BobaBeam, the network’s execution layer that has integrated Moonbean-native decentralised exchange (DEX) platform Firefly as its launch partner.

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Layer-2 Ethereum Ecosystem Growth Could Pose Future Risks

Recent research into the growth of the layer-2 Ethereum scaling ecosystem has revealed potential problems for the network down the line. The post Layer-2 Ethereum Ecosystem Growth Could Pose Future Risks appeared first on BeInCrypto.

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Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network

Saylor wanted to demonstrate just how well he can use Bitcoin’s layer-2 Lightning Network by hosting a meme competition.

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Bitcoin Lightning Network capacity strikes 5,000 BTC

The growth in Bitcoin added to the layer-2 Lightning Network has electrified over the past year, hitting 4,000 Bitcoin less than four months ago.

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After XDC Network secured $50M from LDA Capital, how far can its value grow?

XDC Network has secured $50 million from LDA Capital Limited and will accelerate the expansion and development of Layer-2 projects on top of the network.   XDC Network (XDC/USD) is an enterprise-grade Ethereum Virtual Machine (EVM) blockchain that features interoperable smart contracts.

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Plans To Cut Transaction Fees Leave Arbitrum Susceptible To Attacks

As one of the after-merge solutions, Ethereum added Arbitrum to its layer-2 mainnet. The Ethereum network expects the Arbitrum scaling tool to eliminate the problem of high transaction fees and optimize network scalability.

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Avalanche slides to $17 support but is it a buy?

Avalanche integrated the Layer-2 solution Boba Network on Wednesday. AVAX trades the $17 support… The post Avalanche slides to $17 support but is it a buy? appeared first on CoinJournal.

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Polygon’s MATIC remains trapped by resistance but is the price bearish?

Polygon is a Layer-2 scaling solution on the Ethereum network The native token has… The post Polygon’s MATIC remains trapped by resistance but is the price bearish? appeared first on CoinJournal.

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Researchers discover vulnerabilities in Bitcoin layer-2 Lightning Network

Researchers at the University of Illinois have discovered vulnerabilities in the Bitcoin (BTC) Lightning Network that could result in the theft of 750 BTCs (roughly $18 million). The post Researchers discover vulnerabilities in Bitcoin layer-2 Lightning Network appeared first on CryptoSlate.

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The MATIC study of an unprecedented hike with 'development' probe

Polygon, a layer-2 scaling solution on the Ethereum [ETH] network showcased some unprecedented rise. And, this movement was indeed enough to create headlines across the crypto community. So what exactThe post The MATIC study of an unprecedented hike with 'development' probe appeared first on AMBCrypto.

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Portal, a cross-chain DEX, launches its equity offering on the Republic Platform

Portal, a cross-chain Layer-2 DEX network that is being built on Bitcoin, has announced its Reg D equity offering to be conducted on the Republic platform. The public sale will kick off on July 18th.

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Coinbase-backed Portal Announces Its Reg D Equity Offering Through Republic

Portal is excited to launch its Reg D equity offering through Republic, a multi-asset investment platform that enables anybody to participate in vetted, private firms. Republic is a cross-chain Layer-2 DEX network being built on Bitcoin.

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Bitcoin Lightning Network capacity charges through 4,000 BTC

The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world.

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Balancer launches on Ethereum L2 network Optimism

There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability.

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Polygon working with projects on Terra: how will this shape MATIC?

Polygon MATIC/USD is a Layer-2 scaling solution, also known as a sidechain, that was specifically developed to provide faster transactions with lower costs for its users. Polygon also has its own native cryptocurrency token known as MATIC, which is used as a means for the payment of fees on top of the network, for staking, […] The post Polygon working with projects on Terra: how will this shape MATIC? appeared first on Invezz.

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French Music YouTuber Launches Blockchain Music Streaming Platform

French musician Nes. B (Anes Boukadoum), also popularly known as Tsuko G. , has launched Meteora’s music streaming platform on the native layer-2 blockchain network Lunaris. core. Tsuko G.

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What does the $725M ecosystem fund mean for the FLOW token?

Flow FLOW/USD is a layer-2 blockchain network specifically created to power applications that deal with non-fungible tokens (NFTs). These include games, apps, and all other digital assets. It was created by Dapper Labs as a means of supporting a high level of transactions per second (TPS) and minimizing environmental costs.

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What the Instagram partnership means for the future of Polygon

Polygon MATIC/USD is a Layer-2 scaling solution that runs alongside the Ethereum blockchain network. It was specifically designed to enable speedy transactions as well as low fees.   MATIC is the native cryptocurrency token that is used to power the network.

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Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable. ” Vitalik commented in response to a tweet by Ryan Sean Adams — a well-known crypto investor — showing a list of gas prices needed to connect tokens to the Ethereum network through different […] The post Vitalik Buterin says ETH Layer-2 fees need to reach $0.

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HCX and Portal to help tokenize pre-IPO companies on the Bitcoin blockchain

 Portal, the Bitcoin-built cross-chain Layer-2 DEX network, has announced via a press release that… The post HCX and Portal to help tokenize pre-IPO companies on the Bitcoin blockchain appeared first on Coin Journal.

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Portal and HighCircleX partners to tokenize pre-IPO shares on the bitcoin blockchain

Cross-chain Layer-2 DEX network based on bitcoin, Portal has partnered with HighCircleX to tokenize stock in pre-IPO firms within the Bitcoin blockchain. HighCircleX is a blockchain-based asset platform by High Circle Ventures.

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MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin

MakerDAO is currently the fourth largest DeFi protocol as per TVL rankings with $14.24 billion in locked value.

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Aventus - Building on Ethereum and beyond

Alan Vey is the co-founder and CEO of Aventus Network, a layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions.

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How far can MATIC climb after Polygon commits to going carbon neutral?

Polygon MATIC/USD is a Layer-2 scaling solution specifically developed to run alongside the Ethereum blockchain network, which enables quick transactions and low fees. The native cryptocurrency token that powers this solution is known as MATIC, and it is used for fees, staking, and more within the network.

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BitPay integrates Lightning Network to enable low-cost Bitcoin transactions

Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper method of transacting their BTC.

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Ethereum L2 Boba Network valued at $1.5B following Series A

In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin.

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Ethereum layer-2 Boba Network integrates The Graph

The Graph’s hosted service is about to be integrated into the Ethereum layer-2 scaling solution built on optimistic roll-up technology, according to a press release from Boba Network. The post Ethereum layer-2 Boba Network integrates The Graph appeared first on CryptoSlate.

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AAX Announces Integration With the Lightning Network

AAX, the first crypto exchange to implement the Satoshi (SATs) Standard, is excited to announce the Lightning Network’s integration. AAX may demonstrate its adherence to the SATS Standard by utilizing Lightning Labs’ technology, which is the main creator of the quicker, cheaper, and worldwide Layer-2 network for Bitcoin.

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Polygon network suffers from extended service outage after upgrade

The layer-2 scaling solution has been down for over 11 hours as users are wondering what the hold-up is on fixing a bug that compromised network consensus.

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Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH

MATIC price is still 50% below its all-time high, but the network’s TVL and DApp data hint that the layer-2 solution remains a serious contender.

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BOBA Network launches hybrid compute on mainnet to enable smarter dApps

Boba Network, a next-generation Ethereum layer-2 Optimistic Rollup scaling solution, today announced that their Hybrid Compute solution is live on Ethereum mainnet. Hybrid Compute integrates smart contracts with technologies like AI and machine learning to trigger more complex algorithms off-chain.

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Ferrum Network integrating Matter Labs’ zkSync into its ecosystem, staking, and aggregator products

Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync Ethereum layer-2 scaling solution into its suite of products. This synergy comes following Ferrum’s participation in the Series B round for Matter Labs, creator of zkSync.

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Derivatives exchange SynFutures adds new multi-chain trading with Celer integration

SynFutures, a decentralized derivatives exchange, announced today a new partnership with layer-2 scaling platform Celer Network. Celer will bring multi-blockchain futures trading to SynFutures, enabling users to list and trade futures on any Celer Network partner chains.

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Yearn launches its first Ethereum layer-2 service on Arbitrum

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. The post Yearn launches its first Ethereum layer-2 service on Arbitrum appeared first on CryptoSlate.

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Should you buy MATIC after Polygon raised $450 million?

Polygon MATIC/USD is a layer-2 scaling solution that runs alongside the Ethereum blockchain and is intended to enable fast transactions as well as low fees. The native cryptocurrency token that powers the Polygon network is known as MATIC, and it is a token used for fees, staking, and other purposes.

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SX Network introduces Polygon’s first Layer-2 blockchain

The cryptocurrency community has numerous ideals that helped grow the market to over $3 trillion at its peak. The post SX Network introduces Polygon’s first Layer-2 blockchain appeared first on CryptoSlate.

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EasyFi Announces Multi-Million Developer’s Fund and Grants Program

The leading layer-2 DeFi lending protocol, EasyFi Network has launched its #BuildWithEasyFi initiative to encourage the developer community to leverage various benefits offered by the EasyFi ecosystem.

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Loopring Price Continues To Show Strong Support at $2.7, Is LRC Ready for a Breakout?

Loopring price continues to trade sideways at $2. 7 after hitting an all-time high of $3. 6 on November 10th. Loopring’s ecosystem continues to grow and recently placed as the fourth-largest Layer-2 network by market share, following Arbitrum, Boba Network, and dYdX.

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This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism

Ethereum has seen a myriad of Layer-2 solutions developing over time, with the fight to gain prominence never-ending. However, the emergence of Boba Network has challenged some longstanding L2 solutioThe post This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism appeared first on AMBCrypto.

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L2 ecosystem crosses $5.5B in TVL thanks to Boba network's 570% rise

Layer-1 and Layer-2 scaling solutions are two sides of the same crypto coin. Even though the former makes the base layer of a network, the latter (off-chain) plays a vital role. Mainly for protocol inThe post L2 ecosystem crosses $5.

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Binance integrates Ethereum layer-2 protocol “Arbitrum” as scaling race heats up

Binance, in its latest effort to maintain its lead as the largest crypto exchange by trading volume, became one of the first centralized exchanges to integrate a layer-2 support for its Ethereum deposits by integrating the recently launched Arbitrum One core network.

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Binance Now Supports Layer 2 ETH Deposits with Arbitrum One Mainnet Integration

Leading cryptocurrency exchange Binance is the first major trading platform to introduce support for Ethereum Layer-2 scaling solution Arbitrum. Binance Now Supports the Arbitrum Network Binance, a leading cryptocurrency trading platform by reported trading volume recently announced that it had integrated support for the Arbitrum One core network along with opening deposits for ether (ETH)Read More

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Top places to buy OMG Network

OMG Network, remembered by its previous name of OmiseGo, is a non-custodial, layer-2 scaling…

The post Top places to buy OMG Network appeared first on Coin Journal.

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Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic

Cardano founder Charles Hoskinson calls Hydra “a high commercial priority,” due to an expected rise in the scale of traffic in the coming months. The post Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic appeared first on CryptoSlate.

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TRON officially launches layer-2 scaling solution BitTorrent Chain (BTTC)

Back on Saturday, October 30th, the team of the blockchain network TRON, announced the official launch of the BitTorrent Chain (BTTC) test network. BTTC is already compatible with TRON, Ethereum, and BSC and it will soon also support HECO and OEC.

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Umbrella Network launches arbitrage-free pricing model for crypto derivatives

Decentralized Layer-2 oracle solution Umbrella Network has introduced an arbitrage-free pricing model for crypto derivatives, Invezz learned from a press release. The new service aims to provide users with more comprehensive real-time pricing datasets by bringing arbitrage free information for option pricing to the crypto ecosystem.

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Polygon's gas fee hike will have this impact on MATIC's prices

Polygon is well-known particularly when it comes to DeFi. The network has been performing well as a Layer-2 scaling solution for Ethereum and has continued improving on that front. So with millionThe post Polygon's gas fee hike will have this impact on MATIC's prices appeared first on AMBCrypto.

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The State Of The Lightning Network Behind The Curtains

“The State of Lightning” report shows how the Bitcoin layer-2 is evolving to become the native transaction rails of the internet.

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