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Layer-1 blockchain Kaia (KAIA) is dipping in price after abruptly gaining support from Binance, the worldâs largest crypto exchange platform by trading volume. In a new announcement, Binance says itâs added the Ethereum Virtual Machine (EVM)-based digital asset to its suite of products starting on OâŚ
[PRESS RELEASE â Sinagpore, Singapore, October 16th, 2024] Unite, the pioneering Layer 3 blockchain solution built on Base, is excited to announce a strategic partnership with Eigen Labs to incorporate EigenDA, a leading data availability solution provider, into the infrastructure that powers the neâŚ
The blockchain industry is scaling fast, but innovation is key to solving the current challenges of scalability, security, and interoperability. Qubetics, the first Layer 1 project, is committed to addressing these issues with advanced features like Cosmos SDK with Post-Quantum Cryptography. These tâŚ
A crypto strategist known for making timely altcoin calls believes that the native asset of a layer-1 project is gearing to witness its first uptrend. Top trader Bluntz tells his 275,200 followers on the social media platform X that Saga (SAGA) looks poised to spark big rallies after breaking out frâŚ
The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago, Coinbase listed Aleo (ALEO) under the experimental label. âCoinbase customers can log in to buy, sell, convert, send, recâŚ
Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem. Bitcoin layer-2 solution Stacks (STX) is introducing its Bitcoin-backed asset, sBTC, to the Aptos network, enabling developers to incorporate sBTC into decentralizedâŚ
A crypto strategist who nailed the pre-halving correction for Bitcoin (BTC) thinks that a layer-1 project is close to sparking breakout rallies. Pseudonymous analyst Rekt Capital tells his 499,300 followers on the social media platform X that Injective (INJ) appears to be forming a large falling wedâŚ
Vitalik Buterin suggested that Ethereum could consider implementing a Harberger tax on layer 2 blockchains. However, he highlighted how this could pose a challenge for these L2s. As such, he proposed another alternative that could work better for these networks. Buterinâs statement came following caâŚ
According to VanEck, layer 2s are âcannibalizingâ Ethereum revenues.
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
Self-described Bitcoin layer 2s have proliferated, attracting billions of dollars despite dubious relevance to Bitcoinâs blockchain.
TL;DR EigenDA, EigenLayerâs data availability protocol, will now support ERC-20 token restaking for layer-2 networks. Restaking will allow the use of previously staked tokens to secure other protocols, enhancing security and efficiency for rollups on the platform. EigenDA aims to reduce the costs ofâŚ