layer 2


Tech

Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards

Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Tech

Elastos Looks to Capture BTC Staking Demand With Bitcoin Layer 2 Offering

The platform is developing Bitcoin tools as the applications built on the network catch favor with investors.

Layer 2 (Etienne Girardet/Unsplash)

Tech

Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears

The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.

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

Tech

Chainlink Data Feeds Available on Polygon zkEVM

Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.

Sergey Nazarov Chainlink Co-founder (Chainlink Labs)

Tech

Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain

Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.

Arbitrum booth at ETHDenver (Danny Nelson/CoinDesk)

Tech

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.

Cronos Labs Managing Director Ken Timsit (Ken Tismit)

Tech

Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator

The release will be the second core product in the Mantle ecosystem, and comes just 6 months after the Mantle Network went live.

Mantle Chief Alchemist Jordi Alexander (Mantle)

Tech

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

Finance

NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism

A Binance listing and optimism around Blur's sister protocol, Blast, has spurred the move.

BLUR/USD chart (TradingView)

Tech

Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact

Blast's invite mechanism could be either the best way to add new users or a pyramid scheme, depending on whom you ask.

fireworks