News, analysis, and explainers connected to Layer 2 across the CryptoCompass archive.
Newest first
A U.S. lawmaker has introduced legislation that would impose penalties of at least $10,000 on federal candidates who trade prediction market contracts tied to their own elections. Summary Rep
The Winklevoss Asset Services filed a preliminary S-1 with the U.S. Securities and Exchange Commission (SEC) on Tuesday, October 6, for a spot Zcash (ZEC) exchange-traded fund (ETF). It state
Abstract, an Ethereum layer-2 network developed by Igloo Inc., the company behind Pudgy Penguins, announced that it will cease operations on December 15. Users must withdraw their assets via
The UK government has appointed six banks to lead its first digital gilt issuance, with the pilot expected by the first quarter of 2027. Summary Six banks will handle underwriting, investor e
@Paxos has officially launched the Global Dollar ($USDG) stablecoin natively on @Arbitrum One, bringing the Ethereum layer-2 network into the Global Dollar Network (GDN) as a full ecosystem p
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
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
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
OKX Closes Strategic Round at $25 Billion Valuation Global cryptocurrency exchange @OKX has completed a new strategic funding round at a $25 billion valuation, drawing commitments from some o
Xavier Lyu explains his business with a Formula One race. "If your pit crew is screwing on the wheels 2 seconds slower, you might not win the race, even if you have the fastest engine," he sa
Abstract, an Ethereum layer-2 network backed by the Pudgy Penguins NFT project, is reportedly set to shut down after sustaining losses described as tens of millions of dollars. No official an
A $6 million exploit at an unidentified Base vault has exposed a gap in vulnerability reporting, according to Immunefi’s head of security, with roughly $31.7 million remaining in the vault at
