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Latest Layer 2 News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Layer 2 news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Layer 2 trends and market movements.
News
Cardano Launches New Multisignature Less Layer 2 Solution To Surpass Ethereum
Oct 29, 2024
Cardano is launching a new innovative permissionless Layer 2 (L2) solution, Midgard, to address scalability issues in the Ethereum (ETH) network. As revealed in its 2024 summit in Argentina, Midgard would be based on a trustless mechanism without a central sequencer, unlike Arbitrum or Optimism. Ca
Hacker Steals $51 Million in Tokens from Radiant Capital in Ethereum Layer-2 Attack
Oct 18, 2024
The crypto world is facing a crisis as a cyberattack happened on Omnichain money market Radiant Capital (RDNT). While the attack first started on Arbitrum, Radiant’s Ethereum Layer 2 Network, later it spread to the BNB chain. The attacker is alleged to holding $18 million tokens on the BNB chain a
Coinbase's Layer 2 Network Surpasses Arbitrum With $2.49 billion TVL
Oct 17, 2024
The Layer 2 solution of Coinbase has become the topmost Ethereum Layer 2 network based on its Total Value Locked (TVL) within 2 years of its launch. This achievement by Base shows the increasing interest in Coinbase as the Ethereum blockchain looks for scalability solutions. With $2.49 billion TVL
Venus Protocol Brings DeFi Lending To Layer 2 Network By Expanding to Optimism
Oct 16, 2024
DeFi accessibility and cost-effectiveness are on track for a new milestone, as leading DeFi lending platform Venus Protocol has announced it is expanding to the Optimism Network. This is a significant move in the multi-chain strategy of Venus Protocol which has one of the fastest-growing Layer 2 sol
Uniswap Launches Its Own L2 Blockchain, Aims To Make DeFi Transactions Less Clunky For Users
Oct 14, 2024
A new blockchain is entering the crypto market as the largest decentralised exchange (DEX) in the Ethereum cryptocurrency segment, Uniswap Labs is launching its own L2 blockchain, Unichain. The layer 2 blockchain announced by the DeFi company seeks to boost the efficiency of DeFi transactions, speed
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