Avalanche raises $250M to accelerate Layer 1 upgradesBy RedWave MediaDecember 12, 20240 Avalanche has raised $250 million from investors including Galaxy Digital, Dragonfly, and ParaFi Capital. The token sale comes as Avalanche…
Ethereum blob usage skyrockets as traders flock to layer 2 solutionsBy RedWave MediaNovember 26, 20240 Ethereum has seen a surge in usage of “blobs”, an effective data management tool introduced earlier this year, and more…
Ethereum’s ENS ID system to launch its own Layer 2 blockchainBy RedWave MediaNovember 11, 20240 ENS' decision to move forward with ENSv2 comes on the heels of a series of other announcements by major cryptocurrency…
Layer 1 payment network CrossFi launches EVM-compatible mainnetBy RedWave MediaOctober 14, 20240 CrossFi launches EVM-compatible mainnet for scalable Web3 payments. The network supports 10,000 TPS and seamlessly bridges Ethereum assets. Governance uses…
EIGEN Layer guarantees safety of users' infrastructure after investor loses $6 million in email hackBy RedWave MediaOctober 4, 20240 EIGENLayer reassures community that platform infrastructure and on-chain protocols remain secure after investors lost approximately $6 million worth of EIGEN…
Ethereum’s Buterin vows to only support highly decentralized Layer 2 projectsBy RedWave MediaSeptember 12, 20240 Ethereum co-founder Vitalik Buterin has announced changes to the way Layer 2 (L2) projects are discussed starting next year.In a…
Bitcoin’s Layer 2 Network Stack Begins Nakamoto UpgradeBy RedWave MediaAugust 28, 20240 Please note that our Privacy Policy, Terms of Use, Cookies, and Do Not Sell My Personal Information have been updated.CoinDesk…
Uniswap Layer 2 users grow 350% as Poodlana memecoin listing nearsBy RedWave MediaAugust 11, 20240 Uniswap Layer 2 users have increased by 350%, but trading volume has fallen by 39% since May. Poodlana’s presale raised…
Bitcoin Layer 2 Rootstock Tests Zero-Knowledge SNARKsBy RedWave MediaJuly 26, 20240 “This development marks a major leap forward for the BitVMX Proof of Sale system, demonstrating the ability to verify the…
