Shibarium Bridge Hacked for Approximately $2.3 Million
An "ingenious" flash loan attack allowed a hacker to extract around $2.3 million in ETH and SHIB from the Shibarium bridge, which connects the L2 network with Ethereum.Layer 2 solutions are protocols built on top of blockchains to improve scalability and efficiency.
Shibarium Bridge Hacked for Approximately $2.3 Million
An "ingenious" flash loan attack allowed a hacker to extract around $2.3 million in ETH and SHIB from the Shibarium bridge, which connects the L2 network with Ethereum.
Joseph Lubin Promises Rewards for LINEA Holders Amid Price Drop
The 20% drop in LINEA sparked skepticism. ConsenSys founder Joseph Lubin discussed rewards for holders.
Scroll DAO Halts Operations Amid Leadership Issues
The decentralized autonomous organization of the second-layer solution Scroll has "paused" its operations following the resignation of its leader.
Linea Introduces Airdrop Eligibility Checker
ConsenSys's L2 network, Linea, has launched a tool to verify eligibility for the LINEA token airdrop. Users can claim their assets from September 10 to December 9.
Eclipse Labs to Cut Workforce by 65% Following Controversial Airdrop
The Layer 2 network Eclipse Labs has announced a leadership change and significant layoffs as part of a new project direction following the token launch in July.
Starknet Community Approves Bitcoin Staking Integration
The Ethereum Layer 2 network Starknet will integrate Bitcoin staking into its ecosystem as part of SNIP-31. A resounding 93.6% of voters supported the proposal.
Blast’s Layer 2 Network TVL Plummets by 97% from Peak
The total value locked (TVL) in the Blast Layer 2 solution has plunged from a record $2.2 billion to $67 million over the past year, a decline of 97%.
Ronin Developers Plan Return to Ethereum as Layer 2 Network
The gaming sidechain Ronin is set to migrate back to Ethereum as a full-fledged Layer 2 network. The transition is expected to be completed in the first half of 2026, according to a blog post. Sky Mavis, the company behind Axie Infinity, initially separated from the blockchain of the second-largest cryptocurrency by market capitalization due […]
Base Celebrates Second Anniversary Since Launch
On August 9, 2023, the Base mainnet became publicly accessible. The protocol team congratulated the L2 network on its second “birthday.” Happy birthday, Base. Two years in. Still day one. pic.twitter.com/THk8zUilhd — Base (@base) August 9, 2025 Currently, Base ranks second among Ethereum rollups, trailing only Arbitrum One. Source: L2BEAT. According to the on-chain observer, […]
Base Network Experiences Temporary Disruption
On August 5, the Coinbase-developed Layer 2 network, Base, ceased producing new blocks for approximately 20 minutes. This was noted by Chinese journalist Colin Wu. Aaccording to BaseScan data, there has been an anomaly in the Base network, and the latest block height remains at 33792704; it has been 19 minutes since the last new […]
Linea Updates Roadmap and Shares Airdrop Details
ConsenSys’s Layer 2 network, Linea, has unveiled an updated roadmap. The project will be the first Layer 2 solution to burn Ethereum tokens. Today, we’re setting a new standard for Ethereum Layer 2. Introducing native ETH yield, protocol-level ETH burn, and an Ethereum-native Consortium to manage the largest ecosystem fund in the space. This is […]
Vitalik Buterin Unveils Ethereum Foundation’s New Strategy
Ethereum co-founder Vitalik Buterin, in an interview for the Epicenter podcast, discussed the shift in strategy at the Ethereum Foundation (EF), the future of L2 solutions, and the unexpected outcomes of his donations in meme coins. Ethereum Foundation’s New Strategy According to Buterin, EF is changing its approach. Whereas the organization previously aimed to represent […]We use cookies to improve the quality of our service.
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