Kraken Explores Launching Its Own Layer 2 Network Kraken, a major cryptocurrency exchange in the U.S., is reportedly in talks with leading blockchain technology firms to…
The Importance of Layer 2 Networks in Scalability Scalability is a crucial factor in determining the performance of a blockchain network. It refers to the network’s…
Ethereum’s Layer-2 Networks Dominate Q3 Transactions In the third quarter, Ethereum’s Layer-2 networks accounted for 61% of all transactions, according to Messari’s State of Ethereum report.…
PayPal Explores Blockchain Opportunities PayPal, the financial payments giant, is reportedly looking into new opportunities in the blockchain space. Recent patent applications suggest that PayPal’s research…
Opbnb L2 Launches Mainnet: Bringing Scalability to BNB Chain Opbnb, the layer-two (L2) network built on the BNB Chain, has recently launched its mainnet. The main…
Shiba Inu’s Layer-2 Solution Drives Growth and Staking Shiba Inu’s layer-2 scaling solution, Shibarium, is experiencing rapid growth, resulting in increased staking for the altcoin used…
The Rise of Layer 2 Solutions in the Crypto Space Layer 2 (L2) solutions have become a significant advancement in the crypto world, enhancing the scalability…
This week’s blockchain news covers a range of topics, including the decline of the Friend.tech app, Binance’s regulatory troubles, and the dominance of Hedera Hashgraph’s HBAR…
1inch Expands to Base, Coinbase-Incubated Layer-2 Blockchain 1. 1inch, the decentralized exchange aggregator, is expanding its services to Base, a layer-2 blockchain incubated by Coinbase. 2.…
