Loopring

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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.

Ongoing projects led by Loopring:

Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.

founded 1 year ago

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Transaction not gone through? (alien.top)

submitted 11 months ago by voltaiix@alien.top to c/loopring@blockchained.world

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So I got caught out in the phising scam and with in the state of panic I sent all my funds to Binance to keep my funds from being stolen. With out knowing L2 funds are safe.

I sent LRC, IMX and USDC from L2 ERC-20 Loopring wallet to ERC-20 Binance wallet that I’ve always used to offramp profits and have done this in the past… However it has never taken 5 hours to show up before.

The TxID for all transactions is saying that it doesn’t exist in Binance.

I am gonna assume I have just lost all my assets?

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[–] Elout@alien.top 1 points 11 months ago

You can't send from L2 to L1. I think Binance support might be able to help you.

[–] voltaiix@alien.top 1 points 11 months ago

Sorry, when I follow the prompts am I putting in the address of the binance address to force withdraw or my Loopring address?

[–] throwawayaccountdown@alien.top 1 points 11 months ago

Meh, not a good sign that people still don't know you can't send from L2 to L1 normally. Does the wallet give out a warning if you try to do so?