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This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one of the hottest Layer 2s, including explaining the technical reasons why so many people are excited … Read more
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain … Read more
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions. Go to Source
A closer look at how Sui’s object-centric model and the Move language can improve blockchain scalability and smart contract development. Go to Source
The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they’re too slow, too expensive or prone to failure. Go to Source
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once enough Bitcoin Layer two solutions (L2s) are deployed and trusted by … Read more
Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions. Go to Source
Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an ideal tool for both new and existing ecosystems to leverage. Particle Network plans to launch its Testnet and V1 Mainnet in the … Read more
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum Monad Labs, a smart contract platform, … Read more
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators. Go to Source
