Layer 2 ethereum Archives - Cryptolifedigital

Injective Launches inEVM, a First-of-its-Kind Ethereum Virtual Machine for Enhanced DeFi Development

13Mar

By OLAJIDE SAMUELNo Comments

Blockchain

Injective Launches inEVM, a First-of-its-Kind Ethereum Virtual Machine for Enhanced DeFi Development

In a major development for the blockchain industry, Injective Protocol has launched inEVM, the first-ever Ethereum Virtual Machine (EVM) designed for composability across Cosmos and Solana blockchains. This groundbreaking technology is built on Celestia's modular blockchain infrastructure and utilizes Caldera's rollup technology for enhanced performance and scalability. Read Also: Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune https://twitter.com/Calderaxyz/status/1765803518529876126 in EVM unlocks a new era for Ethereum developers. They can now leverage Injective's high-speed, low-cost network and global user base to expand the reach of their DeFi protocols. Developers can continue using Solidity, the standard programming language for Ethereum, while simultaneously ...

Canadian Asset Manager 3iQ Partners with Coinbase to Launch Ether Staking Program for Retail and Institutional Investors

Canadian digital asset investment fund manager, 3iQ Corp, has announced a strategic collaboration with Coinbase Global Inc (NASDAQ: COIN) to offer Ether staking through its products. The partnership aims to provide secure and regulated opportunities for retail and institutional investors to earn a yield on their investments. Canadian digital asset investment fund manager to introduce the Ether staking program 3iQ, with over $881 million in assets under management (AUM), plans to introduce the Ether staking program on August 28, 2023. The initiative will be implemented in its products, including The Ether Fund (TSX: QETH.UN, QETH.U) and The 3iQ Ether ETF (TSX: ETHQ, ETHQ.U). This move marks the first Ether staking for exchange-traded products (ETPs) and exchange-traded funds (ETFs) in the...

20 million OP moved by the attacker Due To The Wrong Address Sent By Wintermute

The CEO of Wintermute, Evgeny Gaevoy took the responsibility for the way the 20 million OP was moved by the attacker was their negligence. 20 million OP moved by the attacker In Optimism, a layer 2 rollup Chain for Ethereum, is a separate blockchain that can process transactions, bundle them up and pass them back to Ethereum. It is designed to help scale up Ethereum’s layer 1. The protocol announces last month to be embarking on an airdropping of the most active members in the Ethereum community. Read also: XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat In the time of rewarding the most active members, Optimism’s team sent 20 million OP tokens to Wintermute two weeks ago in preparation for the much-hyped OP token airdrop as explained by the Optimism team. The op...