Layer 2

Tim Chen, Global Head of Strategy at Mantle (CRYPTO: MNT), addressed retail investors' concerns about fragmented liquidity and gas fee confusion in Layer 2 (L2) ecosystems, emphasizing their growing importance. In an interview with Benzinga, Chen likened L2s to retailers serving niche markets,...

Lunar Digital Assets has launched LitVM, the first zero-knowledge Layer-2 for Litecoin (CRYPTO: LTC), signaling a shift toward on-chain programmability and real-world asset integration for the decade-old cryptocurrency. What Happened: The Layer-2 was announced at the Litecoin Summit and is built...

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin on Thursday announced he will donate all proceeds from his cryptocurrency holdings, including Ethereum and Layer 2 tokens, to support the Ethereum ecosystem and broader charitable causes. In a strategic shift, Buterin also stated he would cease...

Cryptocurrency company Coinbase Global (NASDAQ:COIN) could show how the approval of Bitcoin (CRYPTO: BTC) and Ethereum (CRYTPO: ETH) ETFs in 2024 has impacted demand for the top two cryptocurrencies when it reports second-quarter financial results on Thursday after market close. Earnings Estimates...

Cardano founder Charles Hoskinson has expressed interest in a possible collaboration with Kraken to create a Layer-2 network. On Sunday, he took to his X (previously Twitter) handle to tag the Kraken co-founder Jesse Powell stating, “I'm game if you are…” What Happened: ...

Tether (CRYPTO: USDT) Thursday announced that it will discontinue its support for USDT on the Bitcoin (CRYPTO: BTC), Kusama (CRYPTO: KSM), and Bitcoin Cash (CRYPTO: BCH) blockchains. What Happened: The stablecoin issuer evaluated the current transport layers and determined their relevance in...

The market for stablecoins, digital currencies anchored to assets like the U.S. dollar, is projected to surge from its current value of $125 billion to a staggering $2.8 trillion within the next half-decade, according to a study. A Bernstein report suggests that as these digital currencies...

The Arbitrum Foundation, which is the major player in Ethereum's (CRYPTO: ETH) Layer 2 scaling landscape, announced the launch of a new token called ARB (CRYPTO: ARB). This token will be distributed to community members via an airdrop on March 23, marking the official transition of...

Hello Kitty and Friends are coming to the world of non-fungible tokens (NFTs). Here are the details of the partnership between Hello Kitty parent Sanrio and NFT company Recur. What Happened: A collection of 10,000 NFTs will be launched featuring six characters from the Hello Kitty and Friends brand...

Ethereum (CRYPTO: ETH) layer two scalability solution Optimism announced that it will airdrop — cryptospeak for "distribute free of charge" — its upcoming token called OP to those who interacted with its protocol in the past. What Happened: ...

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...

Polygon (CRYPTO: MATIC) traded 2.19% higher at $2.32 over 24 hours leading up to Wednesday night. What’s Moving? The token associated with the Ethereum Layer 2 project has shot up 13.5% over a seven-day trailing period. Over 24 hours, against Ethereum (CRYPTO: ETH), MATIC rose 0.02%, while it...