Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility

In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets and protocols based on Bitcoin. Bitfrost and Stacks Foundation Partner to Expand Bitcoin Ecosystem On Thursday, [...]

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Matter Labs raises $50M to build EVM-compatible zk-rollups

The funding will be used to further develop zkSync v2, which is currently live on testnet.

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Arbitrum extends lead over Optimism as Uniswap posts record volume on L2

DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs.

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Polygon briefly overtakes Ethereum for active addresses after 330% surge

Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months.

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Solana Hit By “Intermittent Instability” Again, Arbitrum Suffers Outage

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Ethereum Layer 2 Arbitrum Soars to $2B in Value Locked

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Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN

More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours.

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Ethereum Futures Open Interest Hit an ATH Amid $1B Being Locked in ETH Layer Two

Open interest in the Ethereum (ETH) network has been experiencing an uptick, leading to a record high. (Read More)

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Arbitrum Is Now Live on Ethereum Layer Two

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Bitcoin Magazine Editorial Policy On Bitcoin Layer 2s (L2s)

Bitcoin Magazine's editorial policy concerning coverage of layer two protocols built on the Bitcoin network.

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Bitcoin Magazine Editorial Policy On Bitcoin Layer 2s

Bitcoin Magazine's editorial policy concerning coverage of layer two protocols built on the Bitcoin network.

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Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap

Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network. Justin Sun’s Outlines Vision to Merge Tron and Bitcoin Networks [...]

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Starkware to Launch Cairo Verifier for Improved Layer 3 Scalability

Starkware, in a collaboration with Herodotus Dev, is poised to launch the ‘Cairo Verifier,’ a system designed to verify cryptographic proofs on Starknet’s Layer two. This innovation aims to circumvent the Ethereum mainnet, offering a solution to the comparatively costly and slow verification process. Starkware Unveils ‘Cairo Verifier’ to Boost Layer Three Blockchain Scalability Starkware, [...]

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Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space

Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin. Coinbase’s Base Grows to $175 Million TVL As one of the pioneer [...]

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Lightspark Announces New Bitcoin L2 and Upgraded UMA Capabilities

Lightspark unveils a new Bitcoin L2 and broadens the functionality of its Universal Money Address (UMA) standard with the release of UMA Extend, UMA Auth and UMA Request.

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USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain last week. Circle Plans to Launch USDC on Arbitrum on June 8 On Thursday, [...]

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