layer 2


Finance

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Mantle introduced a new governing body for treasury management earlier this month.

(Pixabay)

Videos

Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Base, Coinbase’s layer 2 blockchain, officially opens to the public. Rep. Maxine Waters (D-Calif.) vocalizes her concerns about the launch of PayPal’s stablecoin. And, a new crypto show aims to capture mainstream attention by taking inspiration from popular TV broadcasts like "The Apprentice" and "Shark Tank."

Recent Videos

Tech

Coinbase Officially Launches Base Blockchain in Milestone for a Public Company

The largest U.S. crypto exchange says its blockchain is the first to be launched by a publicly traded company and gives it a new revenue opportunity.

Coinbase's Base blockchain has gone live (Chesnot/Getty Images)

Markets

Cat Coin Toshi Purrs on New Base Blockchain

The token named after Coinbase CEO Brian Armstrong's pet is gaining traction on the layer 2 network that's set to go live next week.

(Wance Paleri/Unsplash)

Tech

Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations

In a blog post, Polygon alleged that Matter Labs copied its open-source code without providing attribution. Matter Labs said the code was "prominently attributed."

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Tech

Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week

Users will be able to bridge their ETH starting Thursday, with the official launch of the main network on Aug. 9.

Coinbase CEO Brian Armstrong (CoinDesk)

Web3

Animoca Brands Invests $30 Million in Crypto Payments Application Hi

In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.

hi's Mastercard debit card (hi)

Tech

Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.

Celo’s “salon,” a community space mainly focused on DAO discussions, NFTs and ReFi. (Lyllah Ledesma)

Tech

Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'

With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid rollup that combines an Optmistic rollup and Zero-Knowledge rollup into one.

Rollup (Bru-nO/Pixabay)

Tech

What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?

Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed solution, seen as years away.

Avail founder Anurag Arjun. (Avail)