Abstract Users Report Fund Theft via Cardex
The Ethereum-based L2 platform Abstract has encountered a leakage of funds from user wallets. A company representative, known by the pseudonym 0xBeans, announced an investigation into the incident.Layer 2 solutions are protocols built on top of blockchains to improve scalability and efficiency.
Abstract Users Report Fund Theft via Cardex
The Ethereum-based L2 platform Abstract has encountered a leakage of funds from user wallets. A company representative, known by the pseudonym 0xBeans, announced an investigation into the incident.
Compromised zkLend Protocol Offers Hacker $960,000 Reward
On February 12, the L2 protocol zkLend, based on Starknet, suffered a loss of approximately 3666 ETH (valued at $9.6 million at the time of writing) due to a hack. The withdrawal function has been suspended. To the hacker: We understand that you are responsible for today’s attack on zkLend. You may keep 10% of […]
Uniswap Launches Unichain Mainnet
Developers at Uniswap Labs have announced the launch of the Unichain mainnet, an Ethereum layer-two solution. The pink chain has arrived You can swap, bridge, and provide liquidity on @Unichain directly from the Uniswap web app and in the latest version of the wallet Just look for the ✨ pic.twitter.com/3G4F3kQSr4 — Uniswap Labs ? (@Uniswap) […]
Ethereum’s L2 Developers Agree on Implementing ‘Based’ Rollups
Representatives from leading Ethereum L2 projects have pledged to work on implementing so-called based rollups to enhance security and reduce network fragmentation. According to Jesse Pollak, head of Base, “based” rollups are a flexible and powerful tool. Their implementation will strengthen connectivity with L1. Ben Jones, director of the Optimism Foundation, added that the new […]
Vitalik Buterin Confirms Ethereum’s Focus on L2 Scaling Solutions
Ethereum co-founder Vitalik Buterin has stated in a new article that the ecosystem will primarily scale through L2 solutions. Scaling Ethereum L1 and L2s in 2025 and beyondhttps://t.co/T36dnaEYXj — vitalik.eth (@VitalikButerin) January 24, 2025 According to him, the main obstacles in this direction are: insufficient space for BLOB objects, which “meets the needs of existing […]
Mantle Unveils Financial Blockchain Hub Concept with $4.3 Billion Treasury
The Mantle team has concluded the year 2024 by unveiling a concept for a financial blockchain hub based on the modular L2 solution Mantle Network, the mETH Protocol for liquid staking and restaking, and the omnichain asset Ignition FBTC. The total TVL of these products amounts to $5.4 billion, supported by the Mantle Treasury with […]
Tether launches cross-chain stablecoin USDT0 on Kraken’s Ink L2
Launched by Kraken, the Ink network is the first Ethereum layer-2 to deploy the cross-chain stablecoin USDT0, the exchange said in its blog. Ink is built on Optimism’s technology and is compatible with all networks on the OP Stack. Kraken’s rivals have launched their own OP-based DeFi layer-2s, including Coinbase’s Base and Unichain from Uniswap. […]
HashKey Group sees bitcoin at $300,000 in 2025
In 2025, the prices of bitcoin and Ethereum will surpass $300,000 and $8,000, respectively. These projections appear in 10 crypto predictions for the year from HashKey Group. According to the firm’s experts, the market capitalisation of digital assets will rise to $10trn. Among 50,000 community participants of the newly launched L2 called HashKey Chain, this […]
Sony switches on Soneium mainnet
Sony’s blockchain unit has launched the Soneium mainnet. Today is the day. Soneium Mainnet is LIVE! ? Launched by Sony Block Solutions Labs (Sony BSL), a @Sony Group company, Soneium is a Layer 2 blockchain that empowers creators, fans, and communities to protect their rights, connect globally, and build an open internet that… pic.twitter.com/4pTxYdueHY — […]
Arbitrum community votes on BoLD activation
Arbitrum DAO has opened a vote on upgrades to the Arbitrum One and Nova L2 networks that would activate the BoLD dispute-resolution protocol. LIVE: Proposal to activate Arbitrum BoLD is up for a final vote. BoLD is a new dispute resolution protocol enabling permissionless validation. If approved, anyone can participate in validation and defend against […]
Starknet rolls out an appchain development stack
Starknet, an Ethereum layer-2 network, has released SN Stack, a technology stack for building application-specific blockchains—appchains. Build your very own Starknet; now available for everyone. After years of battle-testing our technology, the SN stack is now ready for public use, enabling anyone to easily create their own custom chain using the most performant and cost-efficient […]
Bear market, consolidation and a renaissance: DeFi in 2024
The past few years have been hard on most decentralised-finance (DeFi) protocols. Many well-known players have significantly cut staff, and some shut down altogether. Early 2024 was uneventful for DeFi. Despite a nascent market recovery and spot ETFs already coming into view, the segment was in no hurry to surge. In January its TVL hovered […]We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.