An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.
Layer 2 address activity slows, but Arbitrum bucks the trend
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently.
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.
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.
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.
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.
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
Chainlink launches data oracles on Arbitrum One’s Ethereum scaling solution
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two.
SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider.
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events.
Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
Long-awaited layer two scaling is finally being launched on Uniswap v3, albeit in a limited format initially.
Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks.
Polygon announces scalable data availability infrastructure Avail
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols.
Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson.
Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability
Composable Finance has secured funding from several blockchain investment firms as it seeks to foster greater interoperability in the emerging decentralized finance market.
Polygon debuts SDK for building Ethereum-compatible chains
Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols.
Optimism grows for layer-two scaling after Etherscan integration
Full blockchain data is now available for layer-two platform Optimistic Ethereum.
Tether launches on Hermez rollup as Ethereum starts falling behind
Ethereum is starting to lose ground to its competitors for USDT usage, and Hermez may help to fix that.