Crypto News·
Botanix Labs has announced the shutdown of its Bitcoin Layer 2 network after reporting 25 million transactions and 200,000 wallets during its year-long mainnet operation. The team said user demand was not sufficient to sustain the network economically. In a…
Read full articleZK blockchain project Hyli is shutting down after two years, with the team citing weak demand for zero-knowledge technology. The closure comes the same day Botanix wound down its Bitcoin Layer 2.
Polychain-backed Botanix Labs is winding down its Spiderchain Bitcoin Layer 2 after a year of mainnet operation, citing insufficient demand for Bitcoin-native DeFi. Users have until July 9 to withdraw assets.
XRPL’s native lending protocol enters formal verification as Ripple and Common Prefix test Layer-1 code before Mainnet validator activation.
LayerZero’s Cardano rollout aims to connect 800+ tokens through testnet, mainnet, Stargate, and developer tools. LayerZero has outlined a phased interoperability deployment for Cardano, with the project saying the work will connect Cardano to more than 800 tokens and wider blockchain networks. The rollout is expected to include testnet endpoints, mainnet access, Stargate support, developer […] The post Cardano’s Biggest Interoperability Push Now Brings 800+ Tokens Across Chains appeared first on Live Bitcoin News.
Aave V4 on Arc proposes a $2M/year DAO revenue floor and a USDC, EURC, cirBTC scope. Institutions favor asset quality as Arc moves from testnet to mainnet.
Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whether Zcash’s Orchard pool vulnerability, publicized on June 4, is ultimately confirmed to have been exploited on mainnet. […]
Berachain PoL Next removes BGT boosts, pivots to sWBERA and ERAs, with mainnet targeted for late June 2026. Key risks, metrics, and positioning.
Enhanced risk monitoring on Ethereum mainnet could bolster DeFi stability, offering users critical insights to preemptively manage liquidation risks. The post Anthias risk dashboard adds support for Ethereum mainnet markets appeared first on Crypto Briefing.
