2 / 3 Relevant items tagged with #Layer1

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Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

[May 21, 2024 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, 2024 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, 2024 9:00 AM] ZIGChain's ecosystem fund is backed by DWF Labs.

Blockchain Developer Monad Labs Raises $225M Led by Paradigm

[Apr 9, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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.

Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study

[Nov 20, 2023 3:30 AM] According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were…

State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet

[Oct 28, 2023 3:00 AM] According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of…

dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

[Oct 27, 2023 7:50 AM] dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators.

'We Can't Build Something Like This on Ethereum,' Says DYdX Founder as Mainnet Nears

[Sep 20, 2023 9:00 AM] In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.

Fabian Vogesteller’s Lukso Blockchain Adds ‘Universal Profiles,’ in Push for ‘Fancy’ Ethereum

[Sep 12, 2023 6:00 AM] The Universal Profiles are a feature, currently in beta, designed to give users a holistic “on-chain identity” that comes with a recoverable crypto account as well as a profile for interacting with decentralized applications.

Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding

[Aug 16, 2023 7:00 AM] The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.

Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created

[Aug 15, 2023 6:00 AM] The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders.

SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut

[Aug 10, 2023 12:10 AM] Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing.

ConsenSys To Launch Linea, Its ZK-Rollup Network, On Main Ethereum Network

[Jul 11, 2023 12:00 PM] MetaMask developer ConsenSys plans to deploy its layer-2 network, Linea, on the main Ethereum network this week. Linea incorporates the use of zero-knowledge (ZK) cryptography, which is regarded as one of the most significant blockchain trends of…

Turbos Finance Introduces Smart Routing for Stablecoins on Sui

[Jun 6, 2023 6:00 AM] The new feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.

The PulseChain Sideshow Tent Is Collapsing

[May 31, 2023 12:47 PM] Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.

Crypto Infrastructure Firm Anoma Foundation Raises $25M

[May 31, 2023 7:00 AM] The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.

Blockchain firm raises $25M to develop third-generation architecture

[May 31, 2023 7:00 AM] Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture.

Only 6% Left Until Cardano Hits Max Capacity, What This Means For ADA

[May 9, 2023 12:20 PM] Recently, the Cardano blockchain ecosystem and decentralized platform have experienced an unprecedentedly high percentage of load pressure, which has led to raised questions and concerns from the blockchain community. At the same time, its native…

Flare integrates blockchain API on Google Cloud Marketplace

[May 3, 2023 7:12 AM] Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 Oracle network Flare.

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

[May 3, 2023 7:05 AM] The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Polymesh Wins Binance as Node Operator on Its Layer-1 Blockchain

[Apr 20, 2023 1:00 AM] The exchange will let POLYX holders stake that token on Binance by the end of this week.

Lukso Genesis Validator Smart Contract to Go Live on 4/20 at '4:20'

[Apr 18, 2023 8:20 AM] The Lukso initial validators will vote on token supply of LYX and how much the Lukso Foundation can hold.