The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.
Bitcoin L2s set to explode as Runes congest BTC network
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions.
Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.
Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs
A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles.
Web3 protocol Blast reaches $823M TVL despite bugs and controversy
Amid technical challenges and investor scrutiny, Blast’s staking model has propelled its total value locked to $823 million.
Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability.
Will the next crypto bull run be dominated by L1s, L2s or something else?
This latest report from Cointelegraph Research dives into the tsunami of solutions coming onto the market that improve security, privacy and speed from existing protocols.
Ethereum futures premium hits 1-year high — Will ETH price follow?
ETH rallied alongside Bitcoin as new spot ETF news emerged, and the altcoin could benefit from the failure of its layer-1 competitors.
‘Massive’ crypto use cases to surface by 2030 — Coinbase exec
Cointelegraph talks with Coinbase protocols lead and Base creator Jesse Pollak about the company’s new blockchain, which is already a force to be reckoned with.
Matter Labs steps back as zkSync launches ecosystem portal managed by DappRadar
The launch brings Matter Labs one step closer to its goal of complete decentralization for the zkSync protocol.
Shibarium denies bridge issues, calls it FUD
Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shibarium.
Shiba Inu’s Shibarium Ethereum L2 blockchain goes live on mainnet
Shibarium’s beta phase saw a total of 21 million wallets on the L2, driving the interest of users months before the launch.
Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch
Coinbase’s Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform’s official launch date.
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.
Celo blockchain proposes return to Ethereum ecosystem, transition to L2
According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.
Shakeup at Polygon Labs: President will step down and chief legal officer will become CEO
The change in leadership came as the platform has been preparing a set of upgrades branded “Polygon 2.0”.
Rising BTC transaction fees are a good thing, Bitcoin educator shares
Dan Held, the chief marketing officer at Trust Machines, believes that rising Bitcoin transaction fees may encourage users to look at other layer-2 solutions.
Thirteen years after first Bitcoin purchase, layer-2 solutions struggle to gain traction
In an interview with Cointelegraph, Trust Machines CEO Muneeb Ali explains how Ordinals’ hype could support Bitcoin by attracting more developers and capital to layer-2 solutions.
Coinbase’s Base network gets OpenZeppelin security integration
Contract upgrades, admin changes and protocol tweaks can now be made using standard APIs that were previously unavailable on Base.
Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy
Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%.