The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago, Coinbase listed Aleo (ALEO) under the experimental label. “Coinbase cus
Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem. Bitcoin layer-2 solution Stacks (STX) is introducing its Bitcoin-backed asset, sBTC, to the Aptos network, enabling developers
[PRESS RELEASE – New York, NY, September 17th, 2024] tBTC on EigenLayer offers users new restaking opportunities to earn rewards as Bitcoin demand outpaces other crypto markets EigenLayer’s adoption of tBTC spotlights tBTC’s role as one of the most d
A crypto strategist who nailed the pre-halving correction for Bitcoin (BTC) thinks that a layer-1 project is close to sparking breakout rallies. Pseudonymous analyst Rekt Capital tells his 499,300 followers on the social media platform X that Injecti
Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently gained global attention. The two founders, Rushi Manche and Cooper Scanlon used to be the student
Vitalik Buterin suggested that Ethereum could consider implementing a Harberger tax on layer 2 blockchains. However, he highlighted how this could pose a challenge for these L2s. As such, he proposed another alternative that could work better for the
Ethereum Co-Founder Vitalik Buterin recently announced a shift in his approach to discussing Layer 2 (L2) projects. Starting next year,… The post Ethereum Founder to Only Discuss Stage 1+ Layer 2 Projects Starting Next Year first appeared on The Cryp
Polygon, the Ethereum sidechain, recently upgraded, kickstarting their migration into a new era of scaling as highlighted by their Polygon 2.0 mission. Even though POL prices are still struggling, on-chain data points to a robust ecosystem that could
As per Polyhedra Network, BitGo has selected the DVN to improve the protection of the cross-chain transactions of WBTC through LayerZero.
It will be an important test case for EigenLayer and other restaking protocols, which promise extra yield on staked tokens in exchange for securing additional networks.
Meanwhile, Euler returns with a V2 launch of its lending protocol
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion. Popular as the
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