Ethereum Layer 2

The Shiba Inu (CRYPTO: SHIB) ecosystem, anchored on the Ethereum (CRYPTO: ETH) blockchain, launched its Ethereum Layer 2 blockchain, Shibarium, at the Blockchain Futurist Conference in Toronto. This development followed the successful testnet phase in which Shibarium recorded more...

Whale activity has surged as major crypto holders continue to accumulate an Ethereum (CRYPTO: ETH) Layer 2 governance token, Arbitrum (CRYPTO: ARB). On-chain analysis shows that Andrew Kang of Mechanism Capital recently acquired an additional 1.51 million Arbitrum tokens at $1.23, using...

Polygon (CRYPTO: MATIC), previously known as Matic Network, has surged by 19.89% in the past 24 hours. As Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) stagnate in their current ranges, moving sideways, the altcoin jumped off its trend and added over $300 million to its market cap...

A month after a report that GameStop was partnering with cryptocurrencies and hiring for its NFT marketplace, one partner has announced details on how the video game retailer could enter the sector. What Happened: Immutable (CRYPTO: IMX) will partner with GameStop Corp (NYSE: GME) on its new NFT...

Ethereum (CRYPTO: ETH) layer-two scaling protocols are processing more transactions than the apex cryptocurrency Bitcoin (CRYPTO: BTC), as per Week In Ethereum News founder Evan Van Ness. What Happened: Van Ness cited Coinmetrics data to highlight L2s surpassing Bitcoin on Sept. 5  in...