Umbrella Network Announces New Launch: Decentralized Oracles On Ethereum Mainnet

Umbrella Network, the decentralized Layer-2 oracle solution, has officially launched on Ethereum Mainnet. The company made this announcement on its blog on Friday. Umbrella Network is a community-owned Layer-2 oracle network that batches data for providing low-cost, scalable, and secure data. дальше »

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TikTok uses Ethereum layer-2 solution to drop its first NFTs collection

TikTok teams up with Immutable X to bring its users NFTs.

The post TikTok uses Ethereum layer-2 solution to drop its first NFTs collection appeared first on CryptoSlate.

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OMG eyes a new all-time high after unveiling its 'Boba Network' layer-2 solution

Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high.

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Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution

CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms. дальше »

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Immutable X and Together Labs sign agreement to create and trade digital assets without gas fees

Immutable X, the first Ethereum-based (ETH/USD) layer-2 solution for NFTs and Together Labs, the parent company of IMVU, signed an agreement to allow one million users to take part in the dynamic NFT economy by creating and trading digital assets without gas fees, Invezz learned from a press release. дальше »

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Immutable X — A Layer-2 for NFTs on Ethereum — Partners with Together Labs

Immutable X, the first layer-2 scaling solution for NFTs on Ethereum capable of processing over 9k transactions per second, is joining hands with Silicon Valley-based Together Labs, a press release on September 28 reveals. дальше »

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Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap

Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK), a popular Layer-2 decentralized exchange (DEX). дальше »

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Crypto Derivatives Exchange dYdX Trading Volume Overtakes that of Coinbase Spot Markets

Cryptocurrency derivatives exchange dYdX is witnessing increased adoption after China regulatory concerns arise. dYdX Flips Coinbase in Trading Volume Layer-2 cryptocurrency derivatives trading platform dYdX has recently witnessed rising adoption among users, thanks to the regulatory crackdown on cryptocurrencies in China. дальше »

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Inside Hydra: Cardano’s (ADA) ambitious layer-2 scalability solution

Scalability is one of the biggest problems the crypto industry is facing today. The post Inside Hydra: Cardano’s (ADA) ambitious layer-2 scalability solution appeared first on CryptoSlate. дальше »

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DeversiFi launches L2 bridge to Bitfinex for instant Tether (USDt) transfers

Bitfinex, the popular crypto trading platform, and DeversiFi, a layer-2 (L2) trading platform powered by StarkWare technology, have launched the first L2 bridge between a centralized and decentralized exchange, enabling fast and low-cost transfers for ERC-20 tokens, starting with Tether tokens (USDt). дальше »

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Panther Protocol Partners with Polygon to Introduce Core Privacy Features in DeFi

Blockchain privacy protocol Panther Protocol has revealed a strategic partnership with Ethereum Layer-2 scaling blockchain Polygon. The collaboration is expected to bring about new innovations within the Panther Protocol ecosystem. дальше »

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Fuel Labs raises $1.5M led by CoinFund for its Ethereum layer-2 solution

Fuel Labs, which is building permissionless and trustless layer-2 protocols for Ethereum, today announced $1. 5M USD of support led by blockchain-focused investment firm CoinFund. Other participants include Fenbushi Capital and Origin Capital. дальше »

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Cardano layer-2 solution, Hydra to improve scalability among other things

Ever since the Alonzo hard fork took place on the Cardano network earlier this month, its developers have been on their toes to maximize its smart contract functionality. While its commercial arm EMURThe post Cardano layer-2 solution, Hydra to improve scalability among other things appeared first on AMBCrypto. дальше »

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Should you invest in Ethereum in September of 2021?

Ethereum ETH/USD is and has been the second-largest cryptocurrency token in terms of market cap. However, it has built an entire ecosystem around it due to its smart contract functionalities, where numerous developers have built decentralized applications (dApps) as well as Layer-2 Scaling solutions on top of Ethereum. дальше »

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Ethereum scaling solution Boba Network now live with public mainnet launch

Boba Network, a next-generation Ethereum scaling solution, today announced the mainnet launch of its layer-2 Optimistic Rollup. Developed by OMG Foundation core contributor Enya, and based on the publicly available, open-sourced Optimism codebase, Boba Network aims to deliver a faster, cheaper, more seamless experience for the next billion users of Ethereum. дальше »

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Is this Ethereum based Layer-2 exchange changing the derivatives market

Layer 2 projects have dramatically taken off in the industry with the likes of Optimism and Arbitrum enjoying their fair share of the limelight. With benefits ranging from reduced gas fees to instant The post Is this Ethereum based Layer-2 exchange changing the derivatives market appeared first on AMBCrypto. дальше »

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Mixin to provide staking services to Avalanche ecosystem as validator

Mixin Network, a layer-2 PoS platform bringing speed and scalability to the blockchain, announced today it has integrated with Avalanche. Starting the partnership, Exin, one of the most active developer teams in the Mixin ecosystem, and which owns the popular staking product ExinPool, will join the Avalanche validator node ecosystem to provide secure and trusted […] The post Mixin to provide staking services to Avalanche ecosystem as validator appeared first on CryptoNinjas. дальше »

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Umbrella to bring real-time data and private asset data to IX Swap’s tokenized stock platform

Umbrella Network, a layer-2 oracle solution, announced today a partnership with IX Swap, a platform that offers automated market-making and liquidity pools for security tokens and tokenized stocks. дальше »

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Polkadot, Cosmos, Tezos most likely to follow in the footsteps of Solana

By and large, Layer-2 blockchain protocols have massively grown over the past few months. Tokens associated with the respective networks, in turn, have registered stellar performances in 2021. HoweverThe post Polkadot, Cosmos, Tezos most likely to follow in the footsteps of Solana appeared first on AMBCrypto. дальше »

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Should you invest in Polygon after its integration of the Mina Protocol?

Polygon MATIC/USD is a Layer-2 scaling solution built for Ethereum, which aims to improve the speed while reducing the cost of transactions within the network.   This is achieved through the usage of side chains that work with off-chain computation and remain secure through Proof-of-Stake (PoS) validators. дальше »

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Crypto derivatives protocol SynFutures to deploy on layer-2 Ethereum solution Arbitrum

SynFutures, a crypto derivatives trading protocol, today announced that it will deploy its protocol on Arbitrum, an Ethereum layer-2 scaling protocol. With the announcement, SynFutures will become the first DeFi derivatives project to be deployed on Arbitrum. дальше »

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Blockchain Layers Explained: What Are They and Why Do We Need Layer Solutions?

The Lightning Network is Bitcoin’s Layer-2 scaling solution. Polkadot is a Layer-2 platform that solves Ethereum’s scalability issues. If you have paid even a little bit of attention to cryptocurrencies or blockchain, you must have come across terms like Layer-1 and Layer-2 protocols. дальше »

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Ethereum Scaling Solutions: How Do the Layer-2 Protocols and Sidechains Differ?

Ethereum has become a victim of its own success. It worked fine for years when a relatively small number of crypto enthusiasts were interacting with the blockchain. But the DeFi and NFT boom over the last year has grabbed the attention of the masses, with millions of users and developers entering the space to take […] дальше »

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A Comparison Between Layer-2 And Sidechain Solutions

If you’ve been keeping up with developments in the crypto community over the past few months, you’ve probably already heard the words ‘layer-2’ and ‘sidechains’ being thrown around.  There’s a reason behind this: as demand for Ethereum has surged over the past few months, some of the cracks in its model have been beginning toRead More дальше »

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Enya launches beta of Boba Network, its new Optimistic-based Ethereum layer-2 solution

Enya, a developer of decentralized infrastructure solutions, today announced the launch of the mainnet beta of Boba Network, its new Ethereum layer-2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. дальше »

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1inch Network (1INCH) Announces Deployment on Ethereum Layer-2 Solution Optimism

Leading DeFi DEX aggregator 1inch Network announced its plans to expand to Ethereum layer-2 scaling solution Optimism. 1inch Goes Live on Optimism In a bid to stay competitive in the DeFi landscape and enable its users to trade cryptocurrencies at minimal transaction fees, DEX aggregator 1inch Network recently announced it would be expanding to OptimisticRead More дальше »

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Arbitrum One Integrates Chainlink (LINK) Data Oracles

Chainlink data oracles are now running live on Ethereum layer-2 scaling solution Arbitrum One. Chainlink Data Oracles Integrated with Arbitrum One Arbitrum One, a fully-featured Optimistic Rollup layer 2 network that facilitates highly scalable and low-cost smart contracts is now running industry-leading Chainlink’s data oracles. дальше »

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Crypto gaming ecosystem FUN set to release upgraded XFUN token on Polygon

Blockchain-powered gaming provider FUN has announced the imminent launch of XFUN – its new layer-2 token on the Polygon Network that will replace and change the dynamics of the current FUN token. XFUN benefits from Polygon’s increased performance and lower latency. дальше »

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Layer-2 cross-chain protocol Switcheo TradeHub integrates with Cosmos-based wallet Keplr

The team of blockchain ecosystem Switcheo has announced that Switcheo TradeHub, a layer 2 cross-chain protocol now supports Keplr wallet — an interchain wallet for blockchains within the Cosmos ecosystem. дальше »

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FUN Token Takes Steps Towards Decentralized Online Gambling

FUN Token, Online Gambling With Layer-2 Token

The post FUN Token Takes Steps Towards Decentralized Online Gambling appeared first on BeInCrypto.

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Move over Shiba Inu (SHIB), a meme token marketplace is coming to Polygon

Layer-2 scaling protocol Polygon announced today that Meme dot com, a marketplace for meme-based NFTs and tokens, has launched on Polygon following their successful IDO and will collaborate with Polygon Studios to leverage the team’s extensive NFT expertise to help grow the meme token marketplace. дальше »

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FUN Token to Launch Layer-2 Token to Facilitate  True Decentralization in Online Gambling

Who doesn’t like success stories? In 2021, one of the biggest success stories in crypto has been that of FUN Token, an ERC-20 token with an incredible vision – bringing decentralized online gambling to the mainstream. дальше »

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ZKSwap Adds Support for More Blockchains and Tokens via V2 Launch

ZKSwap Ethereum layer-2 scaling solution and decentralized exchange (DEX) has announced the launch of ZKSwap V2. The team claims the upgrade will significantly expand its ecosystem, making it possible for users to add and swap any ERC-20 token and ZKSwap V2 will also support several other blockchains, including Binance Smart Chain (BSC), OKChain, and HuobiRead More дальше »

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Testnet now live for new multi-chain layer-2 DEX: zkLink

zkLink, a multi-chain layer-2 integration DEX based on ZK-rollup technology, today launched its testnet on four chains: Ethereum Rinkeby, Polygon, Heco, and Ethereum Goerli. It is now possible to perform deposits, withdraw funds, execute transactions, swap, plus add and remove liquidity with multi-chain assets. дальше »

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Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points

“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet. дальше »

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Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens

On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. дальше »

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Reddit Is Building on Ethereum Scaling Solution Arbitrum

Reddit has announced that it is scaling Community Points with Ethereum scaling solution Arbitrum. The social media network said it deployed a new Layer-2 rollup on Thursday using Arbitrum technology. дальше »

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Celer cBridge goes live on mainnet

Celer, the speedy, affordable value transfer network and undisputed leader in Layer-2 scaling solutions announced that cBridge, its multi-chain network, has gone live on the mainnet. This development makes it possible to transfer tokens across Binance Smart Chain (BNB/USD), Ethereum (ETH/USD), Polygon (MATIC/USD), and Arbitrum at low latency and cost using cBridge, Invezz learned from […] The post Celer cBridge goes live on mainnet appeared first on Invezz. дальше »

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Uniswap v3 Alpha launches on layer-2 scaling platform Optimistic Ethereum

The team of decentralized exchange Uniswap, today announced that two years after its Unipig PoC, it is finally ready to launch the Alpha version of Uniswap v3 on the Optimistic Ethereum (OE) mainnet. дальше »

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Ethereum-based Gnosis Safe expands to Polygon, Arbitrum and BSC to enable more efficient DAOs

Gnosis Safe, a platform for managing digital assets on Ethereum, today launched on EVM-compatible networks Polygon, Arbitrum, and Binance Smart Chain (BSC), as part of its multi-chain layer-2 rollout. дальше »

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RSK Smart Contract Platform Products To Help Accelerate Widespread Crypto Adoption

With a full suite of DeFi-centric products, RSK, secured by the Bitcoin network, brings the best of Bitcoin and Ethereum blockchains onto its layer-2 platform. RSK Prepares Support For Bitcoin Network-Based DeFi Solutions Decentralized Finance (DeFi) has been growing at breakneck speeds over the last couple of years, partly fueled by the pandemic. The sectorRead More дальше »

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EY Open-Sources Code for Zero-Knowledge Layer-2 Protocol on Ethereum

London-based multinational professional services firm EY has open-sourced the prototype code for its zk-proofs Ethereum Layer 2 solution, Nightfall 3. EY Releases Code for Ethereum Layer-2 Scaling Solution According to a report by The Block published July 2, auditing and accounting giant EY has open-sourced the code for Nightfall 3 – a zero-knowledge Layer 2Read More дальше »

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Layer-2 platform Injective Protocol teams with Lithium Finance to launch pre-IPO derivatives

Injective Protocol, a layer-2 derivatives platform, today announced a new strategic partnership with Lithium Finance to launch decentralized pre-IPO stock derivatives. Lithium Finance offers an oracle built to systematically price illiquid assets using collective intelligence. дальше »

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ZKSwap Introduces V2 Testnet, Teases Rewards for Testers

ZKSwap, an Ethereum-based Layer-2 decentralized exchange with automated market makers, has introduced its second testnet дальше »

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Alchemy Ethereum Developer Platform Adds Support for Optimism

Alchemy has inked a partnership deal with Ethereum layer-2 scaling solution developer Optimism. With the deal, devs on the Alchemy platform will be able to integrate Optimistic Rollups into their applications, offering users highly scalable, & cost-efficient solutions, according to a blog post on June 22, 2021. дальше »

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Blockchain dev platform Alchemy adds support for layer-2 scaling solution Optimistic Ethereum

Alchemy, a blockchain development platform, today announced that Optimistic Ethereum, one of the most highly anticipated layer-2 solutions for Ethereum, will officially be supported on the platform. дальше »

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Bitcoin’s Lightning Network Is Coming To Twitter: Jack Dorsey Says Integration ‘Only A Matter Of Time’

Jack Dorsey, the co-founder, and CEO of microblogging platform Twitter and financial payments company Square has confirmed that one of his companies may soon integrate bitcoin’s Lightning Network. The LN is a layer-2 payment protocol launched in January 2018 and it runs on top of bitcoin. дальше »

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OKEx Integrates with Polygon for Seamless, Inexpensive Transfer of ETH-based Tokens

OKEx, the leading global crypto exchange and derivatives trading platform has taken a huge step in making it easier for its users to trade Ethereum based assets by integrating with one of the fastest-growing Ethereum Layer-2 scaling solutions. дальше »

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Layer-2 Scaling Solution Polygon Records Continued Growth, But May Not Bring Fees Down on Ethereum

Ethereum layer 2 scaling solution Polygon has been seeing a meteoric rise over the past few months. The sidechain currently has over $9. 5 billion of total value locked (TVL), up from just $1 billion less than two months back, with 3. дальше »

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SatoshiPay receives grant from Stellar to develop layer-2 Pendulum blockchain

SatoshiPay, a blockchain-powered payment solution built on Stellar, announced that it has received a research and development grant from the Stellar Development Foundation to start the development of the Pendulum network — a new second-layer blockchain that connects Stellar to the wider DeFi ecosystem by adding smart contract support and bridges to Ethereum and Polkadot. дальше »

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