Bitcoin Layer 2 Botanix shuts down after four years. Withdraw funds by July 9 as Bitcoin DeFi demand lags behind.
Botanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July.
Botanix Labs is shutting down its Bitcoin Layer 2 network after weak fee revenue and limited DeFi adoption, giving users ...
Ethereum layer-2 fees fall again after blob capacity upgrades improved scaling efficiency across major rollup networks for ...
GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)--Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, has unveiled Ink, a layer-2 (L2) built on the Optimism Superchain ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. During periods of high-usage, the 'Layer 1' Ethereum blockchain ...
Aave, the largest decentralized lending protocol with $23.5 billion in total value locked, has launched on X Layer, an Ethereum layer-2 blockchain launched by crypto trading platform OKX. It marks a ...
The decentralized finance (DeFi) sector has grown substantially over the last couple of years. Total Value Locked (TVL) in the ecosystem peaked at over $250 billion by the end of 2021, catalyzed by an ...
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