Topic
AvalancheBeginnerCircle, the issuer of the popular USD Coin (USDC) stablecoin, has made a splash in the world of digital euros. Their euro-backed stablecoin, EURC, is now live on the Base network, marking a first for both EURC and the Ethereum layer-2 solution. Previously, EURC was only available natively on…
#circle#crypto#layer-2
BitcoinHamilton has made waves by announcing the launch of the first-ever tokenized U.S. Treasury bonds on Bitcoin’s layer-2 (L2) networks. These tokens, called Hamilton U.S. T-Bills (HUST), will be available for trading on three prominent L2 solutions: Stacks, Core, and BoB (Build on Bitcoin). The…
#crypto#layer-2
GeneralBeginnerDWF Labs, a web3 investor and market maker, has launched a $20 million fund called the Cloudbreak Fund to support Web3 projects and founders in Chinese-speaking regions. This strategic move highlights DWF Labs’ commitment to fostering innovation and growth within the Web3 ecosystem. The Cloudbreak…
#china#finance#gaming
ArbitrumBeginnerThe Aave protocol’s highly anticipated GHO stablecoin has officially launched on Arbitrum, marking a significant step in its multi-chain expansion strategy. This deployment, approved by the Aave DAO (decentralized autonomous organization) community, allows users on the Arbitrum network to…
#aave#defi#layer-2
EthereumBeginnerThe Ethereum layer-2 network Blast announced a significant airdrop on June 26th. This airdrop will distribute a substantial portion of the network’s total token supply – a full 17% – to users who actively participated in the network’s growth. Those who bridged assets, like Ether (ETH) or US Dollar…
#layer-2
EthereumBeginnerThe Ethereum ecosystem is scaling new heights, literally. According to L2BEAT data, the combined transactions per second (TPS) of Ethereum’s scaling solutions reached an all-time high of 246.18 on June 16th, 2024. This translates to an estimated 21.2 million transactions processed across the day.…
#defi#gaming#layer-2
OptimismBeginnerThe Ethereum layer-2 scaling solution, Base, is experiencing a meteoric rise. Just days after surpassing Optimism’s OP Mainnet to become the leader within the Superchain ecosystem, Base’s total value locked (TVL) has now skyrocketed to $8 billion. This impressive achievement is fueled by a…
#coinbase#crypto#layer-2
EthereumBeginnerShibaSwap, the decentralized exchange (DEX) cornerstone of the Shiba Inu ecosystem, has undergone a significant upgrade and migrated from the Ethereum blockchain to its own dedicated network, Shibarium. This move promises a wider array of functionalities and potential benefits for users. The…
#crypto#dex#layer-2
EthereumBeginnerA group notorious for perpetrating blockchain scams has shifted roughly $1 million to the Blast platform, according to on-chain detective ZachXBT. This movement of allegedly laundered funds is believed to be intended for financing new fraudulent activities. The group has a history of targeting…
#crypto#decentralization#fraud
PolygonBeginnerThe world of Ethereum scaling solutions is heating up, with Polygon CEO Marc Boiron igniting a debate by criticizing Layer 3 (L3) networks. Boiron argues that L3s exist solely to siphon value away from Ethereum and onto the Layer 2 (L2) networks they’re built upon. Polygon, itself a prominent L2…
#crypto#layer-2
EthereumBeginnerEthereum co-founder Vitalik Buterin is setting a new benchmark for rollups, a key scaling solution for the Ethereum network. In a recent blog post, Buterin proposes that rollup developers prioritize achieving “stage 1 decentralization” by the end of 2. This push for decentralization signifies a…
#crypto#decentralization#layer-2
