The figure underscores a sharp increase in on-chain activity for the Layer-1 blockchain, which has been gaining traction among decentralized finance (DeFi) protocols and institutional users ... Implications for the Layer-1 Ecosystem.
Coinbase’s Layer 2 network, Base, has confirmed it will activate the Beryl hard fork on the Base Sepolia testnet on June 18 at 6.00 p.m ... itself in the increasingly competitive Layer 2 landscape.
Robinhood said on Tuesday it would cut 10% of its full-time workforce, or about 290 roles, as the trading platform seeks to flatten management layers ... .