L2 Financial News

24.08 / 18:49

coinbase Optimism BaSe Ethereum layer-2 L2 Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem

The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.

19.08 / 07:35

Blockchain Stablecoin defi Altcoin ConsenSys Curve Finance L2 Defi Hack Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

18.08 / 08:27

Blockchain Ethereum Provident Twitter Binance Poloniex performer L2 Exploring Layer 2 (L2) Solutions: Best Layer 2 (L2) Cryptos to Buy in 2023

Layer 2 (L2) cryptos have been making significant strides in the last few years, showcasing a transformative shift in the ecosystem. They continue to thrive and gain immense popularity and usage due to Ethereum’s high gas fees and slow processing speeds.

16.08 / 22:49

Blockchain Ethereum defi Altcoin layer2 Shiba Inu memecoin L2 Shiba Inu’s Shibarium Ethereum L2 blockchain goes live on mainnet

Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution, on Aug. 16 after months of testing that saw millions of users participate and 21 million wallets created.

11.08 / 21:53

business PayPal Telegram coinbase BitStamp L2 Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase's L2

In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD).

16.07 / 18:31

Blockchain Ethereum layer2 Celo L2 Celo blockchain proposes return to Ethereum ecosystem, transition to L2

CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.

20.04 / 03:09

business Ethereum coinbase security Decentralization BaSe L2 A16z’s hyped-up orange balls revealed to be an L2 rollup client

A series of cryptic tweets depicting orange balls were revealed to be building up hype for a new rollup client for Optimism (OP) called "Magi" from the crypto arm of venture capital firm Andreessen Horowitz (A16z).

14.04 / 17:25

business Blockchain Technology Ethereum Adoption Bitcoin L2 Moving beyond the blockchain trilemma: L1 vs. L2

As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin (BTC). While this may seem impressive, let’s face it — blockchain technology has come a long way since Bitcoin’s inception in 2009.

11.04 / 16:09

Blockchain UPS Remark L2 Optimism userbase expands as L2 scaling solutions take center stage, more inside

It’s the season of layer-2 (L2) blockchains. With the launch of two important rollups last month- Polygon [MATIC] zkEVM and zkSync Era, the buzz around L2 scaling solutions has increased to new heights.

29.03 / 10:47

markets Altcoin solana Altcoin Watch layer2 Tech Analysis L2 ARB price ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks.

21.03 / 12:39

Blockchain UPS Ethereum ETH Platform L2 zkSync Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell

Over the last few months, layer two (L2) protocols on the Ethereum [ETH] blockchain have gained noteworthy recognition. Needless to say, a project like Optimism [OP] sustained being the star among many. It dominated the last quarter of 2022 and also in early 2023.

07.03 / 01:35

Ethereum Binance Action Racing L2 Arbitrum: Here’s why bulls may have their eyes fixed on the L2 ecosystem

Layer-two protocol (L2) Arbitrum has been one of the eye-catching revelations of the crypto ecosystem despite the turbulence that hit the market in 2022.

25.02 / 11:11

Blockchain Ethereum ETH Compilation L2 boost expansion Ethereum (ETH) Price Prediction 2025-2030: Will L2 expansion boost ETH?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

23.02 / 18:33

Blockchain Ethereum ETH CoinMarketCap L2 network Coinbase unveils new Ethereum L2 network powered by Optimism

Coinbase, a leading US-based crypto exchange, announced the testnet launch of a new Ethereum layer-2 network – Base. The L2 network is powered by Optimism, another well-known Ethereum L2 blockchain. The L2 network will offer “a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain”.

21.02 / 14:15

Blockchain Ethereum Tether L2 Has Arbitrum gained the top spot in the L2 space? According to these factors…

According to a 20 February tweet by Wu Blockchain, Arbitrum‘s transaction volume had reached new heights, as the scaling solution’s transaction volume reached $2.62 billion and witnessed a 34% spike. If the trend continued, Arbitrum could go toe-to-toe with Ethereum [ETH] soon.

18.02 / 04:35

Blockchain Ethereum ETH L2 Ethereum [ETH] holders bridging to L1 & L2 should read this

The Ethereum [ETH] blockchain, as big as it is, suffers from the challenges of scalability, efficiency, and finalizing transactions.

18.01 / 16:47

Dogecoin markets Ethereum 2.0 L2 SHIB price preps for 75% boom as Shiba Inu teases L2 blockchain launch

Shiba Inu is hoping to become more than just a Dogecoin-inspired meme cryptocurrency as it comes closer to launching its layer-2 network called Shibarium. Meanwhile, the SHIB token has emerged as one of the best-performers so far in 2023.

16.01 / 12:33

Blockchain Altcoin layer2 Shiba Inu L2 network Shiba Inu devs to launch Shibarium L2 network beta

The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta release of Shibarium, a layer-2 network that will run on top of the Ethereum mainnet.

10.11 / 01:31

Blockchain Ethereum Decentralization zk-STARK L2 L2 is crucial to Ethereum decentralization, censorship resistance, says researcher

Ethereum layer-2 scaling platform StarkWare has officially launched the StarkNet Foundation with the introduction of a diverse board that aims to safeguard Ethereum's decentralization and censorship resistance.

11.10 / 21:53

Platform Pool L2 Lido Finance L2 protocols are in high spirits, but what about LDO

The Lido Finance [LDO] liquidity pool activity over the last seven days showed that Layer-two (L2) protocols have been outperforming others on the chain.

31.08 / 14:19

UPS Ethereum ETH Platform L2 Are Arbitrum+Optimism stats pointing at beginning of L2 season

Ethereum Layer 2 solutions have witnessed a massive gain in traction and utility in 2021-22. TVL across L2 platforms went up by 130% (in ETH terms) since the beginning of this year. But two main platforms stood at the very front of this L2 leg race- Arbitrum and Optimism.

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