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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.
Open interest in the Ethereum (ETH) network has been experiencing an uptick, leading to a record high. (Read More)
Bitcoin Magazine's editorial policy concerning coverage of layer two protocols built on the Bitcoin network.
Bitcoin Magazine's editorial policy concerning coverage of layer two protocols built on the Bitcoin network.
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 [...]
The post Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap appeared first on Crypto Breaking News.
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, [...]
The post Starkware to Launch Cairo Verifier for Improved Layer 3 Scalability appeared first on Crypto Breaking News.
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 [...]
The post Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space appeared first on Crypto Breaking News.
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.
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, [...]
The post USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum appeared first on Crypto Breaking News.
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