ChainCatcher news, Ethereum Layer 2 Rollup project Ten (formerly Obscuro) has completed a $7.5 million financing round, with participation from Republic Capital, KuCoin Labs, R3, Big Brain Holdings, Magnus Capital, Builder Capital, DWF Labs, Pragma Ventures, GTS Ventures, and others.According to the crypto asset data platform RootData, Obscuro is a Layer 2 solution for Ethereum that offers privacy and scalability. Obscuro is incubated by the well-known enterprise blockchain company R3.

ChainCatcher news, according to the official announcement, the cross-chain interoperability protocol LayerZero has launched the L2 network Frame testnet.Frame aims to expand the adoption of NFTs across the entire Ethereum ecosystem. Developers can build on Frame and enhance their smart contracts through more secure and scalable NFT operations.