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Tokens associated with layer 2 projects - which typically aim to speed up transactions and cut costs - have a combined market cap of about $14.3 billion, about a tenth of the total crypto market, according to data from CoinMaketCap.com.

Its 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...

Matic, immutable, mantle, arbitrum and optimism have also seen recent gains after a year in the doldrums

Paranoid? The domino downfall of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress.

Wallet addresses holding under 10 bitcoin now own 17.4%, up from 14.4% last year

As a percentage of total Bitcoin supply, wallet addresses holding under 10 Bitcoin now own 17.4 per cent, up from 14.4 per cent a year ago

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear