Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.
1d agoopen_in_new
LAYER (LAYER) — News
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Ethereum Layer 2 Network Blast to Shut Down After Revenue Collapse
Blast, a once-buzzy Ethereum Layer 2 network, is set to shut down later this month after a dramatic decline in activity left the scaler too costly to ...
2d agoopen_in_new
Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down
Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.
2d agoopen_in_new
GEODNET builds a positioning layer for physical AI with 22,000 base stations
GEODNET's expansive network enhances AI precision, potentially revolutionizing industries reliant on accurate positioning, while impacting token dynam...
2d agoopen_in_new
Blast to Shut Down Layer 2, Citing Unsustainable Costs
About $63.5 million remains in Blast’s canonical bridge. Users have until Oct. 26 to withdraw through the normal interface, with contract-based withdr...
2d agoopen_in_new
Optimism op-supernode v1.0.3 Adds Stricter Hardfork Configuration Checks
TL;DR Optimism has released op-supernode v1.0.3 as an optional operator update. The release tightens validation around hardfork activation times and r...
2d agoopen_in_new
Optimism Kona v1.8.0 Tightens Fault-Proof Execution And Malformed Batch Handling
TL;DR Optimism has released Kona v1.8.0 components with fixes for derivation, proof execution, TLS and preimage handling. The release prevents a malfo...
2d agoopen_in_new
Optimism Ships op-reth v2.5.0 With Dependency Security Fixes And Legacy Command Removal
TL;DR Optimism has released op-reth v2.5.0 and recommends it for all op-reth operators. The update removes two legacy pre-Bedrock import commands and ...
2d agoopen_in_new
Optimism Recommends op-node v1.19.8 For Sequencers Ahead Of Glamsterdam
TL;DR Optimism has released op-node v1.19.8 and recommends it particularly for sequencer operators using `–l2.follow.source`. The release fixes recurr...
2d agoopen_in_new
Polymath And CineCity Explore Regulated Tokenized Film Investment Platform
TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities. Polyma...
2d agoopen_in_new
Celestia Says Fibre Sustained 3.07 Tb/s In 120-Validator Benchmark
TL;DR Celestia says its Fibre data-availability system sustained 3.07 terabits per second in an end-to-end benchmark across 120 validators. The test c...
2d agoopen_in_new
Crypto Shorts Lose $110M In Ten Minutes As Sudden Rally Forces Traders Out
TL;DR Roughly $110 million in bearish crypto positions were liquidated during a rapid ten-minute rally on October 2. The move was concentrated on shor...
2d agoopen_in_new
Marex Gives Institutions Long And Short Crypto Exposure Without Holding The Coins
TL;DR Marex has launched a cash-settled OTC rolling spot crypto product for institutional clients. The product allows long or short exposure without c...
2d agoopen_in_new
QNT Reaches Solana Liquidity Through Sunrise And Raydium
TL;DR Quant’s QNT token is now available on Solana through Sunrise infrastructure, with trading available through Raydium. The expansion gives Solana ...
2d agoopen_in_new
Solana logs over 14 billion transactions in Q3 2026, its busiest quarter yet
Solana's transaction surge highlights its potential as a robust settlement layer, but increased validator strain poses sustainability challenges. The ...
3d agoopen_in_new
LATAM stablecoin liquidity may depend on few providers, investor says
Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 49...
3d agoopen_in_new
Dogecoin Is Getting Apps as DogeOS Opens Its Public Testnet
The team behind the MyDoge wallet opened a public test of DogeOS, a layer that lets developers build lending platforms and games on top of the meme co...
3d agoopen_in_new
Coinbase-Backed Base Gives Users More Control With Cobalt Upgrade
Base has launched Cobalt, its third major network upgrade, adding new transaction controls for traders and expanding tools for companies issuing token...
3d agoopen_in_new
Intel adds NVIDIA’s OpenShell policy layer to its AI agent toolkit
Intel's integration of NVIDIA's OpenShell enhances AI agent security, potentially reshaping enterprise risk management and operational protocols. The ...
4d agoopen_in_new
Layer 1 Pharos launches AI-powered tools as it targets Agent-Native Chain
Pharos Network's AI-powered tools could revolutionize blockchain interactions, enhancing automation and efficiency in decentralized finance. The post ...
4d agoopen_in_new
Soneium And DayOneDream Want To Put K-Pop Revenue Onchain
Sony-backed Ethereum Layer 2 Soneium has partnered with South Korean entertainment group DayOneDream. The companies plan to develop tokenized K-pop in...
4d agoopen_in_new
Tether And Shiga Build Self-Custodial USDT, Bitcoin And Gold Products For Africa
Tether and Shiga are launching self-custodial financial products across Africa and the Gulf Cooperation Council. The products will use Tether’s Wallet...
4d agoopen_in_new
Ripple Brings XRP Ledger to Brazil’s BRL 22 Trillion Asset System
Brazil’s financial infrastructure is moving asset tokenization into live operations through a partnership between Ripple and CSD BR. The project will ...
4d agoopen_in_new
Ethereum sets date for Glamsterdam’s upgrade on Sepolia
Ethereum’s development team has locked in a timeline for the network’s next major upgrade. Glamsterdam is set to activate on the Sepolia testnet on Oc...
4d agoopen_in_new
NEAR Intents’ SHIELD risk layer blocked over $50M in stolen Bitget funds, earning praise from CEO Gracy Chen
NEAR Intents' SHIELD highlights the importance of advanced compliance tools in mitigating crypto theft, enhancing trust in cross-chain protocols. The ...
5d agoopen_in_new
Robinhood Chain generates $50M in transaction fee revenue, dominates Uniswap activity
Robinhood Chain's rapid fee revenue rise highlights the importance of distribution over technical innovation in Layer 2 ecosystems. The post Robinhood...
5d agoopen_in_new
Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails
Goldman Sachs is making its $100 billion Financial Square Treasury Instruments Fund available through Lynq, a private Avalanche Layer 1 network used b...
5d agoopen_in_new
Coinbase Completes US Derivatives Infrastructure with CFTC Clearing Registration
The CFTC’s approval of Coinbase Clearing LLC turns the US-based cryptocurrency exchange into an end-to-end derivatives platform. The entity, registere...
5d agoopen_in_new
TRON DAO Celebrates Canary Staked TRX ETF (Ticker: TRXS) Debut With Cboe Closing Bell in Chicago
Geneva, Switzerland, September 29, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through ...
5d agoopen_in_new
QuickSwap exceeds $700M in lifetime volume on Base
QuickSwap's rapid growth on Base highlights the potential for Layer 2 networks to significantly boost decentralized exchange volumes and innovation. T...
5d agoopen_in_new