Tag: Loopring

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base

The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is…

Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days

Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the…

Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023

On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower…

Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games

After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In…

Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the…

Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’

On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team,…

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration

The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro…

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput

On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away.…

L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31

On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration…

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday…