Ecosystem Development

ProbFi Rug Pull: Kaspa’s First Major Scam Exposes Trust Risks in “Decentralized” Hype

Community, Ecosystem Development /

In what appears to be Kaspa’s first large-scale exit scam, a project known as ProbFi, once promoted as a decentralized prediction market, has disappeared with over 1.5 million KAS raised from NFT sales. The project attracted early attention for its promises of protocol utility, weekly KAS revenue for NFT holders, and ambitious plans for rapid growth. However, in […]

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Kaspa Trading Heats Up Ahead of Smart Contract Launch

Ecosystem Development, Market & On Chain /

Kaspa is experiencing a notable surge in market activity as anticipation builds for the launch of smart contracts on its Layer 2 network, Kasplex, scheduled for August 31st. In the past 24 hours alone, Kaspa recorded $250 million in spot trading volume and over $500 million in derivatives — marking one of its most active trading days to date. The project’s market

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Kaspa Layer 2 Caravel Testnet Launches July 21

Ecosystem Development, Editor's Pick /

Igra Labs will officially activate the Caravel testnet—Kaspa’s Ethereum-compatible Layer 2—on Monday, July 21. The deployment will take place on Kaspa’s TN10 testnet and marks a major milestone in expanding Kaspa’s capabilities beyond its high-throughput Layer 1. The testnet launch will be rolled out in three structured phases: Phase 1 – Genesis ActivationThe Caravel network

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What the CLARITY Act Could Mean for Kaspa

Ecosystem Development, Editor's Pick /

The U.S. House of Representatives is moving forward with a key piece of crypto legislation known as the CLARITY Act this week. It aims to bring much-needed regulatory certainty by establishing clear criteria for whether a digital asset should be classified as a security (regulated by the SEC) or a commodity (regulated by the CFTC). This distinction has long been

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Kasplex Testnet Nears 1.5 Million Blocks as Mainnet Preparation Progresses

Ecosystem Development, Editor's Pick /

Kasplex, a Layer 2 solution built on the Kaspa blockchain, has announced that its testnet is approaching a key milestone of 1.5 million blocks. According to the project team, this progress highlights the platform’s capacity to handle substantial transaction volume, with approximately 6 million transactions processed to date, averaging four per block. One of the

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Kasplex or Igra Labs, which is likely to attract more developers? Let’s dive in….

Ecosystem Development, Editor's Pick /

Developers looking to build on Kaspa now have two promising Layer-2 ecosystems to explore: Kasplex and Igra Labs. Both are working to make application development as accessible as possible, but each offers distinct advantages depending on your timeline and goals. Kasplex: Live and Ready for Development Kasplex is currently the most accessible platform for developers building on Kaspa.

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Kasplex L2 Development: Progress and a Growing Ecosystem

Ecosystem Development, Partnerships & Integrations /

Over the past two months, Kasplex, one of the Layer-2 protocol solutions for Kaspa, has made notable strides toward mainnet. Development has accelerated across multiple fronts: from GitHub activity to infrastructure rollouts and community growth. Development Momentum Kasplex’s GitHub shows active and focused progress. The main executor/indexer backend received over 40 commits in this period,

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Kaspa Ecosystem Expands with Messaging App and Privacy Mixer as L2 Development Progresses

Ecosystem Development /

While the Kaspa network continues its steady push toward Layer 2 scalability, the ecosystem is quietly growing through grassroots development, most recently with the emergence of two community-driven tools: an encrypted messaging application and a privacy-focused transaction mixer. Encrypted Messaging App Enters Testing Phase A new project called Kasia has entered beta testing. Kasia is a peer-to-peer, open-source

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Caravel Testnet Set to Launch in Mid‑July, Igra Labs Unveils

Ecosystem Development, Editor's Pick /

Igra Labs has revealed that its much‑anticipated programmability L2 testnet, Caravel, is scheduled to go live in mid‑July, marking a significant milestone in the development of the Igra ecosystem. Announced officially via its X account earlier today, Igra Labs described Caravel as a “new programmable system that prioritizes decentralization and security”. This deployment represents a crucial step

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