Cryptoverse: 'Layer two' tokens enjoy new life as bitcoin soars

By Medha Singh and Lisa Pauline Mattackal

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier

(Reuters) - It's next-level stuff.

"Layer 2" cryptocurrencies native to projects built on top of "layer 1" blockchains such as Bitcoin and Ethereum - have found a new lease of life after a year in the doldrums, buoyed by a rising crypto tide.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News
AI concerns pummel European software stocks
Power grid delays challenge Amazon's data center expansion in Europe
PayPal sees 2026 profit below estimates, names HP's Lores as CEO
India's top court questions WhatsApp policy of sharing user data with Meta entities
HP appoints Bruce Broussard as interim CEO
US space stocks rise after Musk's SpaceX merges with xAI at $1.25 trillion valuation
Exclusive-Despite new curbs, Elon Musk’s Grok at times produces sexualized images - even when told subjects didn’t consent
Apple’s new AirTag tracker is better, but not upgrade-worthy
Waymo raises US$16bil (RM62.8bil) in robotaxi race with Tesla
What is Slippery Fish? A secret project to win Olympic speedskating medals with help from an app

Trending in Tech

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.