layer 2

A rocket launching. (United Launch Alliance / U.S. Air Force)

The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.

By Shaurya Malwa

Apr 4, 2024 at 7:57 a.m. UTC

Apr 4, 2024

Ethereumlayer 2Trading

Technology

The protocol

The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain

The meme coin frenzy that drove up activity – and failed transactions – on Solana appears to have quickly migrated to Base, Coinbase's six-month-old layer-2 blockchain. Who is...

By Bradley Keoun

Mar 27, 2024 at 7:22 p.m. UTC

Mar 27, 2024

The Protocolmemememe coinsPepecoinlayer 2

Markets

Ethena

Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live

The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.

By Lyllah Ledesma

Mar 27, 2024 at 5:26 p.m. UTC

Mar 27, 2024

EthenaEthereumlayer 2

Finance

Bitcoin

BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management

By Jamie Crawley

Mar 27, 2024 at 4:00 p.m. UTC

Mar 27, 2024

Bitcoinlayer 2EthereumEVMFunding Rounds

CEO of Espresso Systems Ben Fisch (Espresso Systems)

Technology

Rollups

Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto

The leading shared sequencer firm said it would further invest in its products as well as additional hires.

By Margaux Nijkerk

Mar 21, 2024 at 4:00 p.m. UTC

Mar 21, 2024

Rollupsrolluplayer 2FundraiseSeries BA16zA16z cryptoAndreessen Horowitz

Technology

Base

Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge

Coinbase is warning users of high fees and slowdowns as traders flock to new Base meme coins.

By Sam Kessler Shaurya Malwa

Mar 20, 2024 at 7:05 p.m. UTC

Mar 20, 2024

BaseCoinbaselayer 2Ethreummeme coinmeme coins

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver. (Danny Nelson)

Technology

Starknet

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.

By Bradley Keoun

Mar 20, 2024 at 12:00 p.m. UTC

Mar 20, 2024

starknetStarkwarelayer 2Layer 2sEthereumSolana

Technology

Optimism

Optimism Finally Starts Testing 'Fault Proofs' at Heart of Design – and of Criticism

A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Optimism's Sepolia test network o...

By Sam Kessler

Mar 19, 2024 at 4:40 p.m. UTC

Mar 19, 2024

OptimismRollupslayer 2Zero knowledgeBaseBlast