News, analysis, and explainers connected to Layer 2 across the CryptoCompass archive.
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Igloo Inc. is winding down the Abstract blockchain project after absorbing losses described as tens of millions of dollars. Igloo Inc., the company that owns the Pudgy Penguins NFT brand, is
The milestone test aims to treat Ethereum's base layer and its rollups as one connected economic system. Ethereum's scaling roadmap has long relied on layer-2 rollups to process transactions
Traders watch for a range breakout as Ethereum consolidates below a key resistance level. Ethereum continues to trade within a defined range, with market watchers pointing to $2,800 as the le
Abstract, a consumer-focused Ethereum layer-2 blockchain built by Pudgy Penguins’ parent company Igloo Inc., said Tuesday it will shut down this year after struggling to scale and find produc
The @Trondao ecosystem has quietly crossed a milestone that deserves more attention. Total stablecoin capitalization on the network has surpassed $94 billion, according to on-chain data, with
20 Companies and Counting @Zebec_HQ's blockchain payroll platform on the @StellarOrg network is picking up momentum. Around 20 companies are now actively using the infrastructure, a figure th
South Africa's First National Bank has announced the launch of crypto trading services for its retail customer base, a move that could extend digital-asset access to nearly 9 million account
It has been a strong week for @LayerZero_Core. The protocol's native $ZRO token is up roughly 34% over the past seven days, outpacing most crypto majors and cementing LayerZero as one of the
Mantle (MNT) is trading near $0.59 as of October 7, 2026, down roughly 9% in the past 24 hours, amid on-chain signals showing heavily inflated reported volume and sustained sell pressure from
A Year On, Valour's Pi Network ETP Has Little to Show When Valour, a subsidiary of Nasdaq-listed DeFi Technologies, launched Europe's first Pi Network exchange-traded product in August 2025,
The United States still lacks a unified legislative framework for regulating digital assets, and an opinion piece by former New York Gov. Andrew M. Cuomo argues the policy uncertainty is weig
Abstract, the Ethereum layer 2 built by Pudgy Penguins’ parent company Igloo, is shutting down on 15 December. The deadline is hard. Abstract has warned that anyone who has not bridged their
