Circle’s USDC stablecoin to launch on Sui network
[Sep 17 7:58 AM] The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
1 / 2 Relevant items tagged with #Layer1
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Multiple factors fueling Ether’s ‘dismal’ price action — VanEck
[Sep 5 8:06 PM] According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.
Ethereum layer-1 network revenue collapses. What's causing it?
[Sep 2 7:43 PM] Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
Layer-1 Platform Radix Cuts Workforce by 15%
[Aug 30 10:30 AM] The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the decision was made to decrease overhead costs. Ridyard said that while core projects like Flash Liquidity and MFA are…
Aptos network integrates Nillion for privacy-preserving apps
[Aug 29 2:31 PM] Aptos will be able to support confidential DeFi, private AI assistants and more.
Grayscale launches investment fund for AVAX token
[Aug 22 2:54 PM] It joins Grayscale's suite of more than 20 crypto investment products.
Investigating Innovation on Berachain
[Aug 19 4:30 AM] This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions…
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
[Aug 10 11:20 AM] While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin…
Megaeth: The Endgame ETH Scaling Solution
[Aug 4 3:30 AM] This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one…
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
[Jul 16 1:10 PM] Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi…
DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid
[Jul 12 5:23 AM] Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.
DWF Labs launches $20M fund for Web3 projects in China
[Jul 3 8:00 PM] The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
Exploring Sui’s Object-Centric Model and the Move Programming Language
[Jun 29 6:30 AM] A closer look at how Sui’s object-centric model and the Move language can improve blockchain scalability and smart contract development.
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
[May 29 3:00 PM] Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana
[May 24 12:17 AM] The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
[May 23 10:00 AM] Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s
[May 21 11:24 PM] According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance…
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
[May 21 9:02 AM] The upcoming layer-1 takes a hands-on approach to ensuring project security.
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
[May 21 3:00 AM] Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.
How to bridge to zkSync
[May 15 8:21 AM] Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions.
Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
[Apr 17 9:00 AM] ZIGChain's ecosystem fund is backed by DWF Labs.
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
[Apr 9 9:32 AM] The company is looking to offer an Ethereum-compatible environment that's faster than the original.
All 21 Million Bitcoin Already Exist Waiting To Be Unlocked By Auction
[Apr 8 10:35 AM] Most people who understand bitcoin know that there are two kinds of bitcoin. One is bitcoin, the asset which has a fixed supply and is quite volatile, and the second kind of Bitcoin, the network and protocol that maintains an immutable ledger that…
Particle Network Releases Modular Layer 1 for Chain Abstraction and Universal Accounts
[Mar 20 3:30 AM] Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an ideal tool for both new…
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
[Mar 15 8:00 AM] The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
[Mar 13 5:30 AM] The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion…
Tether's USDT To Launch on Celo
[Mar 11 7:00 AM] The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.
Aptos Market Cap Skyrockets, $574 Million Worth Of APT Tokens Set To Shake The Market In Q1 2024
[Feb 16 1:43 PM] Aptos (APT), a Layer-1 blockchain network, has shown significant growth in key metrics during the fourth quarter (Q4) of 2023, following the overall recovery of the crypto market. Furthermore, according to a recent report by Messari, Aptos…
Liquidity-Focused Berachain Opens Layer-1 Testnet to Public
[Jan 11 8:00 AM] Berachain is the latest L-1 to try its luck in the reinvigorated crypto markets.
Injective's INJ Year-to-Date Gain Rises to 3,000% After Latest Jump
[Dec 19, 2023 8:04 AM] Injective [INJ], the native token of its namesake's layer 1 blockchain, surged to a record high of $39.15 on Tuesday to complete a 3,000% move to the upside over the course of 2023.