Track Layer 2 news across Bitcoin and Ethereum scaling, rollups, appchains, and the infrastructure expanding blockchain throughput.
Hydra promises more scalability and interoperability, and, according to Charles Hoskinson, it will also offer a better layer 2 experience than the Lightning Network.
Samuel Wan 3 min read 
Less than three week since launch, Kraken’s Lightning service has already processed over 2,500 BTC in Lightning transactions. Kraken is now the sixth largest node on the Lightning network.
Cross-chain derivatives are soon to be a real way to earn extra yield as Bifrost Collator mainnet goes live
MakerDAO’s Niklas Kunkel and Tellor’s Michael Zemrose address oracle scalability issues and discuss the next phase of development.
A recent research report shows that the number of payments over Bitcoin’s Lightning network has roughly doubled over the last year, at the same time as the value of the payments in U.S. dollar terms has increased by more than 400%.
The crypto payments processor now allows its customers to use “a low-cost alternative when paying with Bitcoin at BitPay-enabled merchants.”
Ethereum scaling solution Boba Network announced an integration with the Graph’s “Google of Web3” hosted service. The goal is to expand the data access on Boba’s optimistic roll-up scaling solution.
Acala and Karura protocols are set to launch integration with Wormhole to bridge between the Polkadot and Kusama ecosystems and eight different layer-1 systems, including Ethereum, Solana, and Binance Smart Chain.
zkLend, a money market protocol building on Ethereum layer-2 scaling solution StarkNet, has raised $5 million in funding in a seed-round led by Delphi Digital, StarkWare and Three Arrows Capital.
