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StarkWare fires staff after Starknet revenue collapses 98%

StarkWare laid off staff and restructured into two units after Starknet’s monthly revenue collapsed from its $6M peak.

Linea and Polygon disruption sparks concern among Ethereum L2s

Linea faced “degraded performance” of its mainnet sequencer, while Polygon reported “delays in block finality” due to a bug in node software.

Ethereum layer 2s are battling for dominance of a market they believe could be worth hundreds of billions of dollars.

Self-described Bitcoin layer 2s have proliferated, attracting billions of dollars despite dubious relevance to Bitcoin’s blockchain.

Promoters once claimed that Merlin Chain had Bitcoin’s seal of approval but investors are tiring of its ‘layer 2’ gimmick.