Movement Labs to close $100M VC round: Report
The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.
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The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.
According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.
Gnosis founder Martin Köppelmann says Ethereum needs to move away from “centralized” L2s like Base and adopt native rollups.
Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September.
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to […]
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet.
