layer 2


Tech

Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

Photo of Jeff Garzik, co-founder of Hemi Labs

Tech

Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse

The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Tech

Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch

The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

Tech

Layer-2 BOB's 'Bitcoin DeFi' Continues Progress With Fireblocks Integration

Fireblocks users can now earn yield on their BTC holdings via BOB's network

bob

Tech

Could 'Based Rollups' Solve Ethereum's Layer-2 Problem?

As layer-2 chains continue to proliferate, some Ethereum developers are pushing rollup tech that takes a new approach to interoperability: “based rollups.”

Los rollups no tienen la seguridad de Ethereum. (Luigi Pozzoli/Unsplash)

Tech

Uniswap Labs Officially Launches Layer-2 ‘Unichain’

Powered by Optimism's OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum's mainnet.

Uniswap Labs CEO Hayden Adams (Uniswap Labs)

Tech

UBS Tests ZKSync's Layer-2 Tech, Showing Deeper TradFi Interest in Crypto

The Swiss banking giant, which has been experimenting with blockchain, tapped the layer-2 firm to test whether it could scale its current Key4 Gold program.

UBS Bank (Wikipedia)

Finance

Elastos Raises $20M to Build Native Bitcoin DeFi Protocol

Another project looking to turn Bitcoin into a more fruitful base for DeFi has raised $20 million in funding toward that goal

16:9 Elastic (evondue/Pixabay)

Tech

Ethereum L2s Are About to Hit a Brick Wall: Polynomial Protocol Founder

Sustained demand for Layer 2s could quickly deplete the available blob capacity. The impending Pectra upgrade only kicks the can down the road, Polynomial's co-founder said.

Brick wall. (Michael_Laut/Pixabay)

Tech

Sony’s Layer-2 Blockchain 'Soneium' Goes Live

The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism's OP Stack.

Sony Block Solutions Lab Director Sota Watanabe (Startale Labs)