Bitfinity Network launches Bitcoin L2 with $12M backing
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion. Go to Source
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China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process. Go to Source
Consensys decentralizes Linea with new Swiss nonprofit association
The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization. Go to Source
Franklin Templeton launches tokenized money fund on Base
Franklin Templeton says this is the first tokenized money fund to launch on Coinbase’s layer-2 network. Go to Source
Coinbase-backed Base to improve decentralization with fault proofs
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet. Go to Source
Manta Pacific Sees 40% Surge In Daily Active Addresses, Ranks Third Among Layer 2 Networks
Manta Pacific has experienced significant growth in activity, with nearly 140,000 daily active addresses on the chain, marking a 40% increase from the previous week. According to Grow the Pie data, Manta continues to hold its spot as the third-ranked Layer 2 network, trailing only Base and Arbitrum. Additionally, the chain has logged 334,000 daily … Read more
Blockstream secures $210M debt funding for Bitcoin layer-2 strategy
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe. Go to Source
Scammers promote fake Uniswap L2 on Google amid Unichain hype
Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets. Go to Source
Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund
The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem. Go to Source
Scroll lists on Binance, sparking debate over centralization concerns
Scroll’s Binance listing has sparked community debate, with critics raising concerns about centralization, while Scroll’s co-founder has highlighted global growth strategies. Go to Source