A seven-hour Sequencer outage prevented transactions from being processed for the period, but all is operational again at the time of publication.
Read more
Matter Labs raises $50M to build EVM-compatible zk-rollups
The funding will be used to further develop zkSync v2, which is currently live on testnet.
Read more
Arbitrum extends lead over Optimism as Uniswap posts record volume on L2
DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs.
Read more
Polygon briefly overtakes Ethereum for active addresses after 330% surge
Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months.
Read more
Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN
More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than
Read more
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
Read more