SYNQA, the parent company of OMG Network — a layer-2 Ethereum scaling solution — has raised $80 million in Series C funding from notable investors. The post OMG Network’s parent company SYNQA raises $80 million in Series C appeared first on The Block.

OMG Network is the latest of a series of important developments in Ethereum’s Layer 2 solutions this year.

Tether (USDT), the largest stablecoin by market capitalization, has been integrated into the OMG Network. The post Tether stablecoin launches on OMG Network as Ethereum is ‘vulnerable to severe network congestion’ appeared first on The Block.