News, analysis, and explainers connected to Layer 2 across the CryptoCompass archive.
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TLDR Nvidia stock slides 8.80% to $182.52 as chip shares sink across Wall Street. Nearly $1.4 trillion in Nvidia market value has vanished since October highs. Democratic control of Congress
Circle, the issuer of the USDC stablecoin, minted approximately $750 million USDC on the Solana blockchain over a 24-hour period, marking a significant increase in stablecoin liquidity for th
Compound risk manager Gauntlet proposed cutting WETH and wstETH borrow collateral factors to 0% and liquidation collateral factors to 0.5% on its Scroll market The change would make roughly 1
Risk management firms like LlamaRisk and Gauntlet continuously adjust supply caps, borrow caps and interest-rate curves on protocols like Aave and Compound through a fast-track process Aave’s
Aave’s risk stewards cut the RLUSD supply cap from 100 million to 30 million as part of broader reductions to RLUSD, USDtb and USDG limits across nine blockchain deployments Borrow caps on cb
Lido proposed a two-track system for handling maximal extractable value once Ethereum’s enshrined Proposer-Builder Separation upgrade takes effect A “trustless” track offers protocol-guarante
Hackers stole $6.43 billion from Binance on October 29, blockchain analytics company Elliptic reported. Within an hour, stablecoin issuers Tether and Circle responded by freezing most of the
Zcash co-founder and computer scientist Eli Ben-Sasson has warned that artificial intelligence now represents one of the most pressing threats to crypto security. Ben-Sasson issued his warnin
Three Things to Know A Hyperliquid wallet holding about $101 million in longs climbed back from the edge of liquidation into profit. HYPE still trades above both its 50-day and 200-day averag
BitMart founder Sheldon Xia said the cryptocurrency exchange is operating with a “severely understaffed” security team after confirming a new breach, adding an operational-security problem to
Binance asked Arbitrum’s DAO on Nov. 5 to release 8,425.997 ETH and 74.56 million ARB frozen after its hot-wallet exploit, beginning a governance process the exchange expects to take seven we
Gate has officially introduced Proof of Security (PoSEC), a new asset security verification framework, becoming the first digital asset trading platform in the industry to launch a PoSEC secu
