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Ethereum Layer 2 scaling solutions are nearing a critical juncture, warns Gautham Santhosh, co-founder of Polynomial.fi. These protocols, designed to enhance the scalability and reduce the transaction costs of the Ethereum mainnet by handling transactions off-chain, are becoming increasingly popular

Sony, a pioneering force in electronics for 78 years, has made a significant stride into the realm of blockchain technology. This week, Sony officially introduced "Soneum," a versatile blockchain platform. Designed by the Sony Block Solutions Labs (SBSL), a collaboration between Sony Group and the S

Polkadot parachain Phala Network has expanded into Ethereum's ecosystem, launching a hybrid layer-2 scaling solution that combines optimistic and zero-knowledge proof technologies. The new protocol, developed in partnership with Succinct Labs and Conduit, represents the first implementation of Op-Su

In a landmark partnership, Ethereum Layer-2 network Arbitrum has joined forces with South Korea's Lotte Group to expand its metaverse initiatives. This collaboration, unveiled at CES 2025 in Las Vegas, underscores Arbitrum's commitment to fostering innovation through its largest-ever developer grant

OpenZK, an Australian Layer 2 blockchain project, launched today with an estimated valuation between $1bn and $2bn. The platform aims to address Ethereum's scalability challenges ahead of the network's Prague upgrade. The project leverages Zero-Knowledge Rollup technology to process Ethereum transac