Technology

Level 2: what is the reason and when will the hype around L2 solutions subside?

On August 9, Coinbase opened the L2 network Base to the public. Linea was launched a few weeks earlier, followed by Mantle and opBNB, and Shibarium went mainnet at the end of August.

According to L2Beat, there are at least nine more L2 protocols in the pipeline.

In this article we analyzed the current state of the sector to find out why developers' focus has shifted to Layer 2 solutions and how long the "L2-summer" will last. Enjoy your reading!

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise as FTX

Major Cryptocurrency Exchanges Return 3,000 BTC Valued at $172 Million to German Government

In a significant financial move, the German government recently received 3,000 bitcoins (BTC) from major cryptocurrency exchanges. This transaction was facilitated by well-known platforms such as Kraken, Coinbase, and Bitstamp, according to a report by Arkham Intelligence. At the time of the transaction, these assets were valued at approximately

SEC Files Lawsuit Against Silvergate Bank for Alleged Reporting Violations and Mismanagement

The United States Securities and Exchange Commission (SEC) has initiated legal action against Silvergate Bank and several of its top executives. This move stems from accusations that the bank failed to comply with certain regulatory requirements, including reporting obligations, internal accounting controls, and the proper maintenance of financial records. The

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