layer 2


Tech

Bitcoin Layer-2 Botanix Mainnet Debuts, Cuts Block Times to 5 Seconds

Botanix Labs has emphasized its decentralized governance. The launch coincides with its transition to being operated by a federation of 16 node operators

16:9 Willem Schroé, CEO and Co-Founder of Botanix Labs (Botanix Labs)

Finance

Katana Mainnet Goes Live as Pre-Deposits Hit $232M

Depositors will receive rewards such as randomized NFT "Krates" and a portion of KAT tokens.

CoinDesk

Markets

Kraken-Backed Ink Foundation to Airdrop INK Token, Starting With Aave-Powered Liquidity Protocol

Participants in the protocol will be eligible for INK airdrops, with further details to be announced. However, INK enters a crowded market where most new tokens, even those with venture backing and protocol traction, tend to trend downward after launch.

Arbitrum airdrop goes live. (Pexel/Pixabay)

Tech

RISE Chain Secures $4M From Galaxy to Power Ultra-Fast Layer-2

The capital will go towards building out the project’s forthcoming mainnet.

Sam Battenally CEO of RISE (RISE)

Markets

Polygon Co-Founder Mihailo Bjelic Exits Layer 2

Polygon, initially known as Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.

Polygon co-founders Sandeep Nailwal (left) and Mihailo Bjelic (Polygon Labs)

Tech

'Everything Is Encrypted': Aztec’s Privacy Rollup Hits Testnet Amid Growing Demand

The solution comes after 8 years of development and as institutions seek transaction confidentiality.

Credit: Shutterstock

Tech

Celo Migration to Layer-2 Network Is Done, Bringing in New Era for the Blockchain

The transition ends a long journey beginning back in July 2023 and a fierce competition, won by Optimism, convincing the Celo ecosystem to build with their tech.

Celo co-founders Marek Olszewski and Rene Reinsberg (Celo Foundation)

Tech

Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

Jeff Garzik, co-founder of Hemi Labs (TEDx)

Tech

Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse

The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Tech

Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch

The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)