Layer 2s


Finance

BitcoinOS Raises $10M to Expand Institutional BTCFi Capabilities

Greenfield Capital led the round with backing from FalconX, Bitcoin Frontier Fund and DNA Fund to advance zero-knowledge-powered Bitcoin infrastructure

Photo of Edan Yago standing in front of  a sponsor board. (Courtesy: BitcoinOS)

Finance

Bitcoin DeFi Project BOB, LayerZero Enable BTC Transfers Across 11 Major Blockchains

New gateway gives nearly 15,000 decentralized apps access to native BTC liquidity via wBTC.OFT.

Bitcoin Image

Markets

Wall Street Bank Citigroup Sees Ether Falling to $4,300 by Year-End

Network activity remains the key driver of ether’s value, but much of the recent growth has been on layer-2s, the report noted.

(Unsplash/Modified by CoinDesk)

Tech

Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes

The outage began at 06:07 UTC on Aug. 5, when the active sequencer fell behind due to congestion from on-chain activity, according to Base.

A plug disconnected from its electricity socket.

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Finance

Base Network Suffers 1st Downtime Since 2023, Halts Operations for 29 Minutes

The Coinbase-backed layer-2 blockchain went offline due to a block production issue, marking its first service disruption since 2023.

Random wires and connectors surround a small printed circuit board. (Randall Bruder/Unsplash

Finance

Tokenization Firm Midas Brings Two New DeFi Products to Etherlink

The firm’s new mMEV and mRe7YIELD products deliver institutional-grade, market-neutral DeFi exposure.

Midas CEO Dennis Dinkelmeyer (Midas)

Finance

Every Fintech Firm Will Run Its Own Blockchain 'in Next Five Years:' Optimism

The logic behind this assertion is straightforward and simple, says OP Labs head of product Sam McIngvale.

Sam McIngvale (CoinDesk archives)

Finance

Sony’s Layer-2 Blockchain Soneium Unveils Gaming Incubator

The Soneium For All incubator is to accelerate consumer and gaming applications within the blockchain’s 7 million-user ecosystem.

Sony's

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Tech

Galaxy, Fireblocks to Operate Nodes on Bitcoin Layer-2 Botanix

Also joining the federation running nodes are blockchain developers Alchemy, bitcoin mining pool Antpool and hedge fund manager UTXO Management

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

Finance

Bitcoin Platform Mezo Debuts Mainnet to Build Circular BTC Economy

Mezo is built to be a Bitcoin finance platform that enables its users to unlock practical utility in BTC and thus become their own bank

Heading of Bitcoin Whitepaper

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