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Ethereum Miners Earned $89 Million in Transaction Fees on May 10
On May 10, the Ethereum network generated roughly $89 million in transaction fees, the highest in its history. At this pace, the platform is on the course of printing $32.5 billion in fees, a gold mine for miners but a negative development for users who are increasingly shifting to layer two options. Ethereum is ActivityRead More дальше »
2021-5-12 20:00 | |
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Ethereum Layer 2 Metis Nets $4M in New Funding Round
Metis, an Ethereum layer 2 solution, has secured $4 million in its latest round of fundraising ahead of its IDO on PAID Network’s launchpad on May 13. Spearheaded by redoubled support from early backers and the addition of contributions from new faces, capital injections for Metis’ pursuit of developing Web3 infrastructure have ramped up. The […] дальше »
2021-5-11 23:00 | |
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Security Incident: EasyFi to Compensate 100% of the Depositors Net Balances
A Brief History of the Attack A multichain layer 2 protocol on Polygon, Ethereum, and Binance Smart Chain (BSC) network, EasyFi, reported a hack on April 19, resulting in the loss of millions of dollars worth of funds from the official contracts of EasyFi. дальше »
2021-5-10 12:55 | |
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What is Layer 2 Blockchain?
In cryptography, Layer 2 means a standalone framework that sits on top of the current blockchain technology. The objective of building or using Layer 2 systems is to solve the challenges that currently face the primary blockchain, namely speed, and scalability. дальше »
2021-5-5 22:54 | |
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Uniswap V3 Arrival Signals Bright Future For the DEX
The Uniswap team teased us with a V3 upgrade just a month ago, promising the long-anticipated Layer 2 scaling. Such an upgrade couldn’t come sooner. The post Uniswap V3 Arrival Signals Bright Future For the DEX appeared first on BeInCrypto. дальше »
2021-5-4 18:30 | |
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Privacy-based Syntropy VPN has launched
CryptoNinjas » Privacy-based Syntropy VPN has launched Syntropy (formerly NOIA), creators of a secure, user-centric cloud stack through a unifying layer where the encryption & optimized performance are built-in, announced today the launch of Syntropy VPN, a personal, private VPN that puts the user in charge. дальше »
2021-5-4 05:31 | |
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Layer 2 Ethereum Scaling Solution Polygon (MATIC) Sees Nearly $4B in Value Locked as QuickSwap Gains Traction
Increasing use of Ethereum, leading to extremely high fees on the network, has been resulting in BSC and Solana (SOL) getting traction. But it is not only layer 1 chains that are gaining support, but layer 2 solutions are getting just as much usage. дальше »
2021-5-4 20:03 | |
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Covalent Network Launches to Leverage Big Data Technology
Unified application programming interface network Covalent has launched to bring a decentralized data infrastructure layer to Web 3.0. The post Covalent Network Launches to Leverage Big Data Technology appeared first on BeInCrypto. дальше »
2021-4-30 13:32 | |
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Nerve Finance Launches on Solana, NRV Surges 40%
Nerve Finance has already launched a stableswap automated market maker on Binance Smart Chain and is now going multi-chain with a version on Solana. In an announcement on April 29, Nerve Finance stated that it has been evaluating Layer 2 blockchains using four criteria: low transaction costs, decentralized and trustless, fast and easy user experience, … Continued The post Nerve Finance Launches on Solana, NRV Surges 40% appeared first on BeInCrypto. дальше »
2021-4-29 10:01 | |
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SingularityDAO Raises $2.7M in Private Sale Funding from Prominent Investors
SingularityDAO, an independent DeFi-centric project within the SingularityNET ecosystem, recently announced it has successfully raised $2. 7 million during its private sale funding round. SingularityDAO is a layer two non-custodial DeFi solution created for earning yield. дальше »
2021-4-29 20:48 | |
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DeFi Protocol mStable Launches on Layer 2 Polygon Network
mStable made the announcement in a blog post on April 27. It added that it chose the Polygon platform, formerly known as Matic. The launch offers another source of USD and BTC liquidity, a purpose-built DeFi-native savings account, and two meta-stablecoins. дальше »
2021-4-27 14:02 | |
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Umbria Token Fully Compatible with Polygon’s Layer 2 Chain
The Umbria governance token (UMBR) has been added to Polygon’s token mapper paving the way for key Umbria DeFi developments on Layer 2. Umbria Network... дальше »
2021-4-27 09:18 | |
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Harmony blockchain to use Raze Network to increase its privacy protection
CryptoNinjas » Harmony blockchain to use Raze Network to increase its privacy protection Harmony, a sharding protocol with a trustless Ethereum bridge, today announced a partnership with Raze Network to increase the privacy protection layer of the Harmony ecosystem. дальше »
2021-4-27 04:03 | |
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The Graph Foundation unveils Scalar, a scalable microtransaction solution for Web3
CryptoNinjas » The Graph Foundation unveils Scalar, a scalable microtransaction solution for Web3 The Graph Foundation, overseers of The Graph, an indexing and query layer for the decentralized web, today unveiled Scalar, a scalable microtransaction technology built on the Connext Vector protocol that enables new business models for a new wave of infrastructure and applications. дальше »
2021-4-22 23:31 | |
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EasyFi, a DeFi lending protocol, undergoes a hack
EasyFi, a layer 2 DeFi lending protocol, undergoes a hack to the tune of $6 million from protocol pools in USD/DAI/USDT. Founder and CEO, Ankitt Gaur addressed the incident on Twitter. He stated that:The post EasyFi, a DeFi lending protocol, undergoes a hack appeared first on AMBCrypto. дальше »
2021-4-20 20:38 | |
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Immutable X - The first Layer 2 for NFTs on Ethereum
Robbie Ferguson is the co-founder of Immutable, best known for launching the Gods Unchained blockchain game, one of the most successful blockchain games in the wild. Robbie is now focused on Immutable X, a decentralized gas-free layer-2 protocol for Ethereum NFTs. дальше »
2021-4-21 07:00 | |
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Largest Stablecoin, Tether (USDT), is Now Live on Ethereum Scalability Solution, Hermez Network
Tether’s stablecoin, USDT, is now live on Hermez, a scaling solution on Ethereum based on the ZK-rollup solution. Announced on Monday, the move to Ethereum Layer 2 is set to reduce the hiking gas fees, which have been rising as the DeFi and NFT space grew on the blockchain. дальше »
2021-4-20 19:02 | |
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Trace Network Partners With Polygon And Infosys Consulting For Blockchain Revolution
Beyond Bitcoin, the hottest assets in the crypto markets are those that feature a robust ecosystem that supports several other essential sectors in the industry, such as DeFi or NFTs. The innovative Ethereum Layer 2 scaling solution Polygon – formerly Matic – is among the most popular and recently partnered with Trace Networks and Infosys […] дальше »
2021-4-17 23:39 | |
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Avalanche Incorporates The Graph to Advance Its Querying and Indexing
The indexing and query layer of the decentralized web, The Graph, is now integrated with Avalanche to expand querying and indexing on the platform. Developers building on Avalanche can easily query custom on-chain data requests without running a full node via subgraphs, which are indexes of specifically defined blockchain data. Building Towards the Future MoreRead More дальше »
2021-4-16 08:00 | |
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Plasm Network Partners with Secret Network to Launch the First Polkadot-Cosmos Cross-Chain Bridge
Polkadot-based Plasm Network partners with Secret Network to launch a cross-chain bridge between the two projects. This bridge will allow users to directly send and receive assets across the two platforms in a new kind of “layer zero” protocol. дальше »
2021-4-15 00:01 | |
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Matter Labs Unveils Ethereum L2 Scaling Breakthrough with 20,000 TPS
In an April 13 announcement, Layer 2 solutions provider Matter Labs unveiled its latest efforts for increasing throughput on the Ethereum network. The platform is called zkPorter. The Matter Labs team described it as “an engine for mass crypto adoption” that will “reshape the entire L2 landscape. дальше »
2021-4-14 08:09 | |
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Polkadot’s Privacy Layer Raze Network is Launching Triple DEX Offering Today
The emergence of new crypto networks is analogous to the birth of new cities. Before the metropolis can become home to thousands and eventually millions of residents, the infrastructure needs to be put in place. дальше »
2021-4-12 12:59 | |
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Smart contract platform Avalanche integrates The Graph to expand querying and indexing
CryptoNinjas » Smart contract platform Avalanche integrates The Graph to expand querying and indexing The Graph, an indexing and query layer for the decentralized web, is now integrated with Avalanche, a scalable decentralized smart contract platform with near-instant transaction finality. дальше »
2021-4-9 04:24 | |
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Immutable Introduces Gas-Free Layer 2 Solution for NFTs
Non-fungible tokens are making all the waves in the industry with the massive growth experienced recently. It appears there’s still more to come. Resources geared towards the sector’s growth keep surfacing. дальше »
2021-4-9 23:17 | |
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Metis Gears Up for Alpha Testnet Release
Metis, an Ethereum-based layer two scaling solution, is preparing to launch the first iteration of its testnet. The Alpha testnet will allow developers and users to interact with the network, test out its functionality, and pinpoint any areas for the development team to fix before the mainnet launch. дальше »
2021-4-7 23:31 | |
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The Future of Ethereum on Layer 2 – Numio Case Study
The dawn of decentralized finance has fuelled a rapid growth in Ethereum’s daily transaction volume, with rising sustainability concerns due to the blockchain’s scalability shortcomings and unreasonable transaction fees. дальше »
2021-4-14 14:58 | |
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StarkWare Unveils Caspian Layer 2 DEX to ‘Defrag’ Liquidity
In an announcement on April 4, the Ethereum scaling solutions provider unveiled a new decentralized exchange (DEX). Its goal is to address capital efficiency in the DeFi ecosystem. The company stated that there is a risk of liquidity becoming fragmented between Layer 1 and multiple Layer 2 solutions. дальше »
2021-4-5 11:37 | |
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DSLA Protocol Launches v1.0 Mainnet
PRESS RELEASE. DSLA Protocol has released the first version of its Decentralized Service Level Agreements (SLA) protocol on the Ethereum L1 blockchain. Layer 2 deployments on Harmony and Avalanche are also coming in the near future, following the results of ongoing audits. дальше »
2021-4-4 16:00 | |
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DSLA Protocol Launches v1.0 Mainnet
DSLA Protocol has released the first version of its Decentralized Service Level Agreements (SLA) protocol on the Ethereum L1 blockchain. Layer 2 deployments on Harmony and Avalanche are also coming inThe post DSLA Protocol Launches v1.0 Mainnet appeared first on AMBCrypto. дальше »
2021-4-3 10:27 | |
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DeFi Major Aave (AAVE) to Build on Polygon’s Scalable Layer 2 Platform
The decentralized lending platform built on the Ethereum blockchain, Aave says that it will scale its DeFi platform beyond its blockchain by joining several sidechains, including Polygon. Aave Addresses Transaction Fees Block space supply today is scarce and limited, leading to the massive expansion of assets on the Ethereum blockchain. Since the “DeFi Summer” ofRead More дальше »
2021-4-2 20:00 | |
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DeFi Project Shroom Finance Rebrands to Niftyx Protocol; Aims to Go Beyond Gaming
The “global layer for NFTs exchange” will also be covering music, art, and fashion. The post DeFi Project Shroom Finance Rebrands to Niftyx Protocol; Aims to Go Beyond Gaming first appeared on BitcoinExchangeGuide. дальше »
2021-4-1 16:28 | |
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DragonFly Capital Launches $225 Million Crypto Fund
Crypto fund DragonFly Capital announced the launch of a new $225 million fund to invest in projects across the crypto space. Following the success of the original $100 million fund kickstarted in late 2018, the Dragonfly Fund II will target four potential areas: decentralized finance (DeFi) protocols, non-fungible token projects, Ethereum Layer 2-based businesses, and centralized finance (CeFi) platforms. дальше »
2021-3-27 01:18 | |
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Public Mainnet Launch For Ethereum Scaling Solution Delayed Until July
It has been announced that Optimism, the Ethereum Layer 2 scaling solution, will be delaying the launch of its mainnet till at least July 2021. According to the official announcement, the new launch date is not certain as it still depends on the speed of preparations and “ecosystem readiness”. дальше »
2021-3-27 00:06 | |
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Ethereum Layer 2, Optimism, Delay’s Mainnet Roll Out to July; Doesn’t Want to Rush ETH Community
Ethereum scaling solution Optimism roll-up has delayed the launch of its mainnet, according to an announcement posted on its Medium page. Quick Launch Could Pose Risks Optimism has been working on the Ethereum scaling solution since June 2019. дальше »
2021-3-27 20:55 | |
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