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.
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
Layer3, a decentralized attention layer project, launched a bug bounty program with rewards of up to $500,000. This initiative, in partnership with HackenProof, is designed to strengthen the security
The excitement around layer 2 scaling solutions is waning as investors realize these are essentially new blockchains.
TL;DR EigenLayer Introduces Permissionless Token Support: Eigen Labs announced a new feature allowing Actively Validated Services (AVSs) on EigenLayer to add ERC-20 tokens as restakable assets permiss
[PRESS RELEASE – Zug, Switzerland, August 12th, 2024] Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3
Layer 1s and Memes are the new favourite for now, only time will tell if it's sustainable
TL;DR Symbiotic has launched its Devnet on the Ethereum Holesky test network, marking a key step towards its full deployment. The restaking protocol positions itself as a competitor to EigenLayer, wit
Symbiotic allows users to deposit funds to support third-party protocols, positioning itself as a competitor to EigenLayer.
Ethereum gas fees have plummeted to their lowest level in several years, driven by increasing transactions on the network’s layer-2 networks. This significant drop has made on-chain transactions much
Uniswap Layer 2 users have surged by 350%, but trading volume has dropped 39% since May. Poodlana’s presale has raised $6.3M, with the listing set for August 16 on Raydium. Poodlana’s token POODL is c
Crypto investment firm Galaxy Digital is issuing a warning, saying that Bitcoin (BTC) layer-2s are in danger of potentially losing their funds. In a new research post, the crypto firm says Bitcoin’s b
AltLayer, an open and decentralized protocol for rollups, has seen a sharp decline over the past 24-hours. The altcoin is hovering below the $0.15 support level amid a broader bearish market trend. Al