#Layer2
76 posts tagged with Layer2.
Bitcoin Bridge Halts All Swaps Indefinitely After AI Tools Outpace Security Fixes
Bitcoin bridge Boltz halts all swaps indefinitely, citing AI-assisted exploits that outpace security fixes. No user funds were lost.
AI Attack Freezes Boltz, Rattles Lightning Network Users
Boltz suspended all swap services on August 3 after AI-powered attacks outpaced its security team, affecting multiple Bitcoin wallets. No customer funds were lost, but the incident has reignited debates about Lightning Network reliance on centralized infrastructure.
Base Passes Solana in Curated Capital Milestone
Coinbase's Base has surpassed Solana in curated capital with over $1.6 billion in vaults, becoming the largest Layer-2 venue for such assets, while Ethereum leads with $3.46 billion.
Robinhood's Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts
Robinhood reported record Q2 net revenue of $1.31 billion, driven by a tenfold surge in event contract revenue to $156 million, despite a 38% decline in crypto income.
Aave Proposal Would Wind Down Six Low-Adoption V3 Markets
Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves, citing high operational costs and low revenue. The affected markets hold less than 1% of Aave deposits and generated under $5,000 quarterly.
Coinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase achieved a record 10.3% market share in Q2 2026 but posted a $359 million net loss as total revenue fell short of estimates. Subscription and services revenue hit a record high, signaling successful diversification.
Aave Founder Stani Kulechov Backs $98M Market Cleanup
Aave plans to exit six blockchains and remove 71 markets covering $98.1M in deposits to focus on larger, more productive markets and reduce risk surface.
Coinbase Wrapped XRP Expands DeFi Utility Through Doppler Finance on Base
Doppler Finance is expanding to Base to bring Coinbase Wrapped XRP into DeFi lending and collateral markets, backed by over $113 million in XRP reserves.
Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets
Payward, parent of Kraken, acquires Magic Labs' wallet-as-a-service business, bringing non-custodial wallet technology used by over 60 million wallets into its enterprise infrastructure platform.
Robinhood Chain Becomes Largest Blockchain by RWA Holder Count
Robinhood Chain has become the leading blockchain by real-world asset (RWA) holder count, less than a month after its public mainnet launch, surpassing established ecosystems like Solana and Ethereum.
Ring Protocol Adds Orbs Tools Across 4 Networks, Giving Traders Precise On-Chain Order Control
Ring Protocol has integrated Orbs' Layer 3 infrastructure to bring dLIMIT and dTWAP algorithmic trading tools to Base, Arbitrum, Ethereum, and BNB Chain, enhancing execution for DeFi traders.
TRON Reaches $90B+ USDT on the Network, $887M+ in Crypto Card Volume in Q2, CoinDesk Data and CryptoQuant
Independent reports from CoinDesk and CryptoQuant highlight TRON's Q2 2026 performance, including record USDT supply over $90 billion, $887 million in crypto-card volume, and growing adoption in peer-to-peer transfers and agentic AI infrastructure.
eth.limo Q2 Update Shows ENS Infrastructure Is Becoming More Than Domain Names
eth.limo's Q2 2026 update highlights ENS infrastructure expanding beyond wallet naming, with Turkey's government adopting a decentralized website via ENS and IPFS.
Optimism Discloses Critical Pre-Lagoon Vulnerability Patched Before Exploitation
Optimism disclosed a critical vulnerability in its pre-Lagoon refund path, but the issue was patched before any exploitation on production chains, with no funds lost.
Coinbase Adds SUI Staking As Exchange Expands Native Reward Options
Coinbase now supports native SUI staking for eligible users, offering estimated rewards between 1.4% and 3.3% APY. The launch simplifies staking for exchange users, but carries custody and volatility trade-offs.
Base And Optimism Push Native Account Abstraction Toward The OP Stack
Base and Optimism are working to bring native account abstraction to the OP Stack, with developer testing already live on Base Vibenet and mainnet rollout planned for the Cobalt upgrade in September 2026.
Movement Labs Files for Chapter 11 Bankruptcy After $141M Raise and Token Collapse
Movement Labs has filed for Chapter 11 insolvency protection following a token scandal that saw its MOVE token lose over 99% of its value. Despite raising $141.4 million, the network's daily fees are only $8.
Franklin Templeton Exec Calls Agentic AI Crypto's 'Killer Use Case' as ETH Nears $2K
Sandy Kaul from Franklin Templeton highlights agentic AI as a key use case for crypto, suggesting Ethereum and its layer-2 networks will underpin AI transactions as ETH approaches $2,000.
Grayscale Files S-1 for Worldcoin ETF as WLD Jumps 4.5% but Still 97% Below Its 2024 Peak
Grayscale has filed an S-1 registration statement with the SEC for a Worldcoin ETF, causing WLD to jump 4.5% to $0.37. The token remains 97% below its March 2024 peak.
Coinbase CEO Brian Armstrong Champions Self-Custody to Reach 1 Billion Users
Coinbase CEO Brian Armstrong stresses that self-custody wallets are essential for onboarding the next billion users, bypassing regulatory friction and supporting AI agent adoption. Meanwhile, Base leadership transitions to focus on trading, payments, and agents.
Four Important Crypto Stories You Might Have Missed This Week
MetaMask suspends developer linked to North Korea; Dutch crypto exchange Knaken goes bankrupt; Injective files for SEC transfer agent registration; Robinhood Chain bridges $70 million in ETH.
Fhenix Upgrades Sedona With Confidential FHE to Keep Balances Hidden From AI Agents
Self-custodial trading platform Sedona has partnered with Fhenix to integrate confidential fully homomorphic encryption (FHE), replacing trusted execution environments to keep user balances and portfolio positions encrypted even during processing.
Maestro Trading Bot Now Supports Robinhood Chain
Maestro, the Telegram-based trading bot, has integrated with Robinhood Chain, an Ethereum layer-2 network built on Arbitrum, offering fast execution, limit orders, copy trading, and broad DEX coverage.
Quickswap Adopts Orbs Layer 3 Perps Stack After 81.8% Vote, Challenging CEX Execution
Quickswap integrates Orbs' Perpetual Hub Ultra 2.0 as its default perpetual futures infrastructure after an 81.8% community vote, aiming to rival centralized exchanges with on-chain execution.
Coinbase's Base Mainnet Opening Reflects Shifting Layer-2 Expectations
Coinbase's Base mainnet, aligned with the Optimism Superchain, has opened for builders, signaling a shift in crypto focus from price speculation to infrastructure and practical utility.
Coinbase Smart Wallet Upgrade Aims to Simplify Multi-Chain dApp Access
Coinbase's latest Smart Wallet verification upgrade aims to make multi-chain dApp access less confusing and safer for ordinary users, supporting its broader Base strategy.
Mantle Migrates Bridge to Chainlink CCIP, Highlighting Cross-Chain Security Risks
Mantle is migrating its Super Portal bridge to Chainlink's CCIP to enhance cross-chain transfer security. The move underscores that bridge infrastructure remains one of the most critical risk points in crypto.
Kraken’s Arbitrum Stablecoin Listings Show Exchanges Are Treating L2 Rails As Real Infrastructure
Kraken adds USDT0 and USDC.e on Arbitrum, signaling that major exchanges are increasingly treating Layer-2 networks as core infrastructure rather than experimental add-ons.
Robinhood’s Chainlink CCIP Integration Raises The Stakes For Tokenized Equity Infrastructure
Robinhood has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its Layer-2 network to support secure cross-chain messaging and oracle infrastructure for tokenized equity markets.
Robinhood Chain Surges: L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers
Robinhood Chain processed over $3 billion in DEX volume in its first week, driven mainly by meme coin trading, while tokenized stocks remain a small part of the ecosystem.
Bitmine Snaps Up Over 30,500 ETH as Tom Lee Focuses on Crypto's New Success Story
Bitmine Immersion Technologies acquires 30,567 ETH, increasing its total holdings to 5.77 million tokens, and continues to stake its Ethereum for passive income, as chairman Tom Lee highlights the success of Robinhood Chain and growing institutional adoption.
Hackers Hijack SpaceX and Starlink X Accounts to Promote SCATMAN Memecoin on Robinhood Chain
Attackers compromised the official X accounts of SpaceX and Starlink to promote a memecoin called SCATMAN, which briefly reached a $32 million market cap on Robinhood Chain before the hacker dumped tokens for about $135,000 in ether.
Grayscale Places XRP at the Center of the Global Payments Narrative
Grayscale classified XRP as a 'global payments' asset within its digital asset narrative framework, highlighting its role in cross-border settlement and institutional infrastructure.
Aave V3 On zkSync Era Extends DeFi Lending Deeper Into ZK Rollups
Aave DAO has approved the deployment of Aave V3 on zkSync Era, expanding decentralized lending and borrowing into another layer-2 scaling network. This move signals continued multi-chain distribution for blue-chip DeFi protocols.
From Tokenized Stocks to CASHCAT - Why Robinhood Chain Is Dominating Crypto Conversations
Robinhood's new Arbitrum-based Layer 2 network has quickly gained attention with tokenized stocks and a meme coin frenzy, but also faces skepticism over liquidity and sustainability.
Robinhood Chain Flips Hyperliquid in DEX Volume amid RWA, DeFi, CASHCAT Buzz
Robinhood Chain has surpassed Hyperliquid in 24-hour decentralized exchange volume, processing $433 million amid growing demand for RWA tokenization, DeFi tools, and the CASHCAT meme coin.
Base User Growth Story Shows Coinbase Smart Wallets Are Really About Distribution
Coinbase's smart wallet rollout aims to reduce onboarding friction and drive users into its Base layer-2 ecosystem, with active address growth as a key metric.
Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet
Base’s total value locked has crossed $2 billion, marking its transition from an experimental layer-2 to a major DeFi venue with significant liquidity.
Vitalik’s Rollup Proof Work Shows Ethereum Scaling Still Runs Through Cryptography
Vitalik Buterin's latest technical work on proof optimization for rollups highlights that Ethereum's scaling future remains tied to cryptographic advances, not just product launches.
BlackRock BUIDL Passing $500 Million Shows Tokenized Treasuries Still Have Momentum
BlackRock's BUIDL fund has surpassed $500 million, demonstrating continued momentum for tokenized treasuries as a real-world asset use case on blockchain networks like Arbitrum.
Robinhood Chain Tops $560 Million in Daily DEX Volume, Fueled by Meme Coin Boom
Robinhood Chain daily DEX volume exceeds $560 million as meme coin trading surges, with nearly 16,000 new tokens created in a day. Arbitrum earns 10% of fees, and Pumpfun adds support for Robinhood tokens.
PayPal's Stablecoin Lands on Polygon With Built-In Compliance and Fiat Access
PayPal's PYUSD stablecoin is now natively available on Polygon, enabling businesses to integrate cross-border payments with built-in compliance and fiat on-ramps.
Aave’s GHO Stablecoin Deploys Natively on Arbitrum to Boost Layer-2 Liquidity
Aave DAO has approved the native deployment of its GHO stablecoin on Arbitrum, aiming to deepen liquidity and expand usage in one of Ethereum’s most active layer-2 ecosystems.
Aave's Native GHO Deployment On Arbitrum Pushes Stablecoin Liquidity Deeper Into Layer 2
Aave DAO has approved the native deployment of its GHO stablecoin on Arbitrum, aiming to deepen liquidity and expand usage within Ethereum's leading layer-2 ecosystem.
Trust Wallet Integrates Robinhood Chain as Vlad Tenev Touts RWA Network that Handles Memes Too
Trust Wallet has integrated Robinhood Chain, an Ethereum-compatible Layer-2 network, enabling self-custody support for assets and reducing transaction costs to fractions of a cent.
Base DEX Volume Flipping Arbitrum Shows The Layer-2 Race Is Heating Up Again
Base's daily DEX volume has surpassed Arbitrum, signaling a shift in liquidity and competition among Ethereum layer-2 networks.
Base DEX Volume Surpasses Arbitrum as Layer-2 Competition Intensifies
Base daily DEX volume has moved ahead of Arbitrum, highlighting how quickly liquidity can rotate between Ethereum layer-2 networks. The shift underscores Base's growing competitiveness beyond Coinbase distribution.
Polymarket Switches on Instant Bitcoin Lightning Deposits, Cutting 60-Minute Waits to Under a Second
Polymarket now credits bitcoin Lightning deposits in under one second via the Spark protocol, replacing onchain waits of 10–60 minutes.
Base Crossing $2 Billion In TVL Shows Layer-2 Competition Is No Longer Theoretical
Base network's total value locked (TVL) surpassed $2 billion, signaling real liquidity and user engagement in the Ethereum layer-2 race.
Vitalik’s New Plonk Note Shows Ethereum Scaling Still Depends On Deep Math
Vitalik Buterin's latest technical note on Plonk highlights cryptographic optimizations for zero-knowledge rollups, underscoring the math-driven path of Ethereum scaling.
Coinbase Adds Wormhole To Spot Trading As Solana Infrastructure Tokens Gain Visibility
Coinbase has listed Wormhole's W token on spot markets, boosting visibility for cross-chain infrastructure and Solana ecosystem tokens.
THEA Raises $8 Million to Build Solana-Based AI Settlement Network
THEA has raised $8 million in strategic funding to develop Thea Network, a trust-minimized settlement layer for AI services that uses off-chain compute, Solana anchoring, and zero-knowledge proofs.
Fhenix Combines With Sunscreen to Build Quantum-Resistant FHE for Finance, AI and Payments
Fhenix acquires Sunscreen, a developer of fully homomorphic encryption (FHE), to build quantum-resistant privacy infrastructure for finance, AI, and payments. Sunscreen founder Ravital Solomon will lead Fhenix's cryptographic research.
Lizex.io Launches Large-Scale B2B Partnership Program for Crypto Services
Lizex.io, a fast-growing instant cryptocurrency exchange, has launched a B2B partnership program offering API access, white-label integration, and revenue sharing to crypto wallets, exchangers, and fintech products.
BNB Chain Unveils AI Agent Studio With Wallets, Payments and AWS Cloud Integration
BNB Chain has launched BNB Agent Studio, a developer platform for creating AI agents with wallets, onchain identities, payments and cloud hosting from a single prompt.
BNB Chain Launches BNB Agent Studio for Autonomous AI Agents
BNB Chain has launched BNB Agent Studio, a platform that allows developers to deploy autonomous AI agents with onchain capabilities in about 15 minutes. The platform integrates with AWS and enables agents to accept crypto payments, persist across environments, and be owned as tradeable digital assets.
Coinbase Brings Stablecoin Funding to Europe’s Regulated Mutual Funds in Landmark First
Coinbase integrates its Payments infrastructure with Spiko, enabling Europe’s first UCITS funds to accept EURC and USDC for near-instant subscriptions and redemptions on Base.
Coinbase Announces New Partnership To Boost EU Stablecoin Payments After MiCA License
Coinbase has partnered with Spiko Finance to enable 24/7 stablecoin payments for regulated investment funds in Europe, leveraging its recent MiCA license.
Polygon Says It Processed $80 Billion In Stablecoin Volume In May
Polygon reportedly processed $80 billion in stablecoin transfer volume in May, surpassing Solana and BNB Chain in stablecoin settlement activity.
Polygon Reports $80 Billion in Stablecoin Volume for May, Surpassing Solana and BNB Chain
Polygon reportedly processed $80 billion in stablecoin transfer volume in May, claiming to have surpassed Solana and BNB Chain in settlement activity, signaling growing utility.
Polygon Moves $80 Billion in Stablecoins in May, Passing Solana and BNB
Polygon processed approximately $80 billion in stablecoin transfer volume in May, leading all blockchains in transaction count and surpassing Solana and BNB Chain.
Sui Launches Seal MPC Framework to Secure Autonomous AI Agents
Mysten Labs has introduced Sui Seal MPC, a multi-party computation prototype designed to allow AI agents to execute on-chain actions without directly exposing private keys.
BNB Chain Tokenized Stock and RWA Volume Surpasses $5 Billion
BNB Chain has reportedly surpassed $5 billion in tokenized stock and real-world asset (RWA) volume, highlighting growing demand for 24/7 on-chain access to traditional financial products.
Mysten Labs Launches Sui Seal MPC To Let AI Agents Transact Without Holding Keys
Mysten Labs launched Sui Seal MPC on the Sui mainnet, enabling autonomous AI agents to execute on-chain transactions without directly holding private keys through multi-party computation and Move smart-contract policies.
Sushiswap Brings dSLTP to 4 Blockchains, Giving DeFi Traders Automated Risk Controls
Sushiswap integrates Orbs' dSLTP protocol on Ethereum, Base, Arbitrum, and Katana, enabling decentralized stop-loss and take-profit orders with full asset custody.
Base Network Stalls After Invalid Block Freezes Sequencer
Coinbase's Base mainnet experienced a nearly two-hour outage on June 25 after an invalid block halted the sequencer, though funds remain safe and the scheduled Beryl hard fork proceeded as planned.
Aave V4 Crosses $200M Deposits, Positions as DeFi Lending’s New Revenue Engine
Aave V4 has surpassed $200 million in deposits, marking a significant milestone for the protocol and highlighting its role as a key revenue driver in DeFi lending.
XRP Ledger Set To Power First Lending Application With XLS-65 And XLS-66 Upgrade
XRP Ledger's yield protocol SOIL plans to launch the first native lending application on the network using the proposed XLS-65 and XLS-66 amendments, which introduce native lending capabilities for yield products, liquidity pools and credit markets.
Cumberland, Fluid, and SwissBorg Join Sui's Hashi Bitcoin Finance Coalition Ahead of July Testnet
Sui's native Bitcoin finance primitive Hashi gains institutional support from Cumberland, Fluid, and SwissBorg ahead of its global testnet launch in July 2026.
Ethereum Foundation Restructures With 5 Clusters After Cutting 20% of Workforce
The Ethereum Foundation (EF) has cut 20% of its workforce—54 employees—as part of a reorganization into five clusters, prioritizing protocol-layer work over short-term market goals.
BitMine, SharpLink, and Joe Lubin Back New Ethereum Nonprofit ETHLabs
A group of former Ethereum Foundation researchers launches ETHLabs, an independent nonprofit focused on Ethereum adoption, backed by Bitmine, Sharplink, and Joe Lubin.
My Wallet Rebrand: Solana, Ethereum, and AI Agent Support Added
MyWallet, formerly MyTonWallet, rebrands and expands to support 11 blockchains, including Solana, Ethereum, and Base, with integrated portfolio tracking, a native AI agent, and gasless transfers.
Why BlackRock and Other Major Institutions Pay Attention to Blockchain Tech: Aptos CBO Solomon Tesfaye Interview
Aptos CBO Solomon Tesfaye discusses the rapid growth of tokenized assets on Aptos, the infrastructure institutions actually care about, and why the next phase of blockchain adoption may be driven by the convergence of both markets and machines.
Taiko Bridge Exploit Reports Put Layer-2 Security Back In Focus
Multiple reports indicate Ethereum layer-2 project Taiko suffered a bridge-related exploit worth about $1.7 million, involving forged proof verification and emergency containment actions.
Base Activates Beryl Upgrade June 25 as B20 Token Standard Goes Live
Base, the Ethereum L2 network, will activate the Beryl upgrade on mainnet June 25, introducing the B20 token standard, reduced withdrawal times, and improved node efficiency.
The Revenue Divergence: Why Record-Breaking Ethereum Activity Isn't Boosting ETH Price
Ethereum's network hit record usage metrics in Q1 2026, yet ETH's market cap fell 30% and base layer fees dropped nearly 50%, highlighting a deliberate scaling strategy that prioritizes long-term demand over near-term revenue.