TLDR Crypto · MARKETS & BUSINESS

KRAKEN LOOKING TO ‘SOLVE’ INDUSTRY CHALLENGES AMID LAYER-2 RUMORS

cointelegraph.com2 min read

Summary from the TLDR Crypto newsletter

Crypto exchange Kraken is reportedly exploring introducing an L2 solution similar to the Base network developed by its rival Coinbase. This speculation came after a job listing was posted by Kraken for a senior cryptography engineer who would oversee the design and execution of cryptographic protocols and "layer-2 solutions”. The company has yet to confirm whether it is actually working on an L2 network or not.