Tag: layer
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Circle Aims to Power the Agentic Economy with Arc, its New Layer-1 Blockchain
Circle, the company best known for issuing the world’s second-largest stablecoin, USD Coin (USDC), is strategically positioning itself at the forefront of a burgeoning technological frontier: the agentic economy. This ambitious vision hinges on the development and deployment of Arc, an enterprise-grade Layer-1 blockchain designed to serve as the foundational financial infrastructure for a future…
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Helius Acquires Light Protocol to Forge Solana’s Dedicated On-Chain Privacy Layer
Helius, a leading provider of Remote Procedure Calls (RPC) and blockchain infrastructure on the Solana network, has announced its strategic acquisition of Light Protocol. This landmark deal is poised to establish a dedicated on-chain privacy layer for Solana, integrating the expertise of the team behind some of the network’s most foundational zero-knowledge (ZK) cryptography advancements.…
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OKX Transforms X Layer into a Comprehensive Exchange Factory with the Launch of Exchange OS
OKX has unveiled Exchange OS, a groundbreaking protocol upgrade for its X Layer Layer 2 network, fundamentally reshaping it from a traditional blockchain into a sophisticated platform for deploying and managing diverse financial markets. Launched on May 26, this innovation empowers developers and institutions to establish customized trading venues, ranging from spot and perpetual contracts…
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Chainalysis Expands Blockchain Monitoring Capabilities with Integration of Arc Stablecoin-Centric Layer 1 Network
Chainalysis, the global leader in blockchain data and analytics, has officially announced the integration of Arc into its comprehensive suite of compliance and investigation tools, marking a significant milestone in the evolution of stablecoin-focused infrastructure. Arc is a purpose-built, Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed specifically to facilitate stablecoin-driven financial activities. Integrated directly…
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Coinbase’s Ethereum Layer 2 Network, Base, Reclaims Top Tier of Daily Revenue Generators
Coinbase’s ambitious foray into the Ethereum Layer 2 (L2) scaling solution, Base, has successfully navigated its initial adoption phase and is now firmly re-established among the leading revenue-generating protocols in the decentralized finance (DeFi) ecosystem. Launched in August 2023, Base has demonstrated robust fee activity, enabling it to compete with some of the most mature…
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Blast, the Ethereum Layer-2 Network That Drew Billions, Announces Shutdown Citing Economic Unsustainability
Blast, the Ethereum layer-2 network that rapidly accumulated billions of dollars in deposits with its unique promises of native yield and substantial airdrops, has announced its cessation of operations. The decision, communicated by the Blast team on Friday via their official X (formerly Twitter) account, stems from the stark reality that maintaining the network has…
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OKX’s X Layer Unveils Exchange OS to Streamline Decentralized Exchange Development
Building a fully functional cryptocurrency exchange from the ground up is a complex and resource-intensive undertaking. It necessitates the intricate integration of numerous critical components, including high-performance matching engines, robust order books, secure settlement layers, sophisticated risk management systems, and a myriad of other elements that must operate seamlessly without failure. Recognizing the significant challenges…
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OKX Transforms X Layer into a Decentralized Exchange Ecosystem with Exchange OS Launch
OKX has unveiled Exchange OS, a groundbreaking initiative that reconfigures its Layer 2 blockchain, X Layer, into a comprehensive platform for launching and operating bespoke cryptocurrency trading venues. Announced on May 26, this significant upgrade empowers developers and institutional players to deploy their own customized crypto markets without requiring central approval, heralding a new era…
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Helius Acquires Light Protocol to Forge a Dedicated On-Chain Privacy Layer for Solana
Helius, a leading provider of Remote Procedure Call (RPC) and blockchain infrastructure services for the Solana ecosystem, has announced its strategic acquisition of Light Protocol. This significant move aims to establish a robust, dedicated on-chain privacy layer for the Solana network, consolidating the expertise of the team responsible for some of Solana’s most foundational zero-knowledge…
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OKX Transforms X Layer into a Decentralized Exchange Ecosystem with Exchange OS
OKX has unveiled Exchange OS, a groundbreaking protocol upgrade for its Layer 2 network, X Layer, effectively morphing it from a standard blockchain into a sophisticated platform designed to facilitate the creation of diverse financial markets. Launched on May 26, Exchange OS empowers developers and institutions to deploy customized trading venues, ranging from spot markets…
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