SUI showed a remarkable performance on Friday amid the market retrace. Following Bitcoin’s drop to the $55,000 mark, the cryptocurrency was among the few tokens showing green numbers with an 8% surge. The token’s performance, alongside the network’s
According to VanEck, layer 2s are “cannibalizing” Ethereum revenues.
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards base
AltLayer’s new platform offers developers templates and tools to rapidly deploy Actively Validated Services
In the rapidly evolving world of cryptocurrency, it’s not uncommon to see newer, more innovative projects quickly overshadow established giants. One such project, a Layer 2 casino meme coin named Mpeppe (MPEPE), has recently made headlines for outper
EigenLayer announced a significant update for its restaking protocol. The update includes new contracts and security measures for safer restaking. Continue Reading:EigenLayer Announces Major Update to Enhance User Experience and Security The post Eig
The upgrade aims to enhance rewards for restakers.
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initi
Justin Bons, founder of Cyber Capital, sparked controversy by leveling serious accusations against Ethereum Layer 2 scaling solutions. Bons claimed that L2s, which are designed to enhance Ether’s scalability and transaction throughput, are fundamenta
Babylon just saw surging demand for its Bitcoin staking. Now it wants to be the security layer of Bitcoin’s layer-2 economy, says co-founder David Tse.
TL;DR Restaking on Ethereum allows users to maximize security and returns by reusing already staked tokens. EigenLayer is leading the adoption of Restaking, transforming the security and interconnection of blockchain networks. SSV introduces technolo
Self-described Bitcoin layer 2s have proliferated, attracting billions of dollars despite dubious relevance to Bitcoin’s blockchain.
Sony Group's blockchain subsidiary on Wednesday launched the "Minato" testnet for its Ethereum Layer-2 blockchain, Soneium.
TL;DR EigenDA, EigenLayer’s data availability protocol, will now support ERC-20 token restaking for layer-2 networks. Restaking will allow the use of previously staked tokens to secure other protocols, enhancing security and efficiency for rollups on
The Dencun upgrade reduced costs for Ethereum rollups substantially, shifting revenue from the Ethereum layer 1.
Sony Block Solutions Labs said it will release technical details on the platform's tools and requirements for developers in the coming weeks.
Playdoge (PLAY) has been making waves in the cryptocurrency market with its unique blend of 90s nostalgia and modern Play-to-Earn (P2E) mechanics. However, savvy investors are already diversifying their portfolios by investing in another emerging cry
Layer-1 blockchain ecosystem Aptos is gearing up for a new collaboration with NFT marketplace Rarible as the network sees a spike in daily transactions. Aptos (APT), a layer-1 blockchain network based on the proof-of-stake consensus mechanism, is set
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of