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Galxe's Gravity network (Galxe)
Finance
Layer 1
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
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.
Galxe's Gravity network (Galxe)
By Krisztian Sandor
May 29, 2024 at 9:00 p.m. UTC
May 29, 2024
layer 1
Fantom Foundation CEO Michael Kong (Fantom)
Technology
Fantom
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Fantom Foundation CEO Michael Kong (Fantom)
By Margaux Nijkerk
May 23, 2024 at 4:00 p.m. UTC
May 23, 2024
FantomSonicFunding Roundstokenlayer 1EVMBridgelayer 2
The Glue homepage (Danny Nelson/CoinDesk)
Finance
Layer 1
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
The upcoming layer-1 takes a hands-on approach to ensuring project security.
The Glue homepage (Danny Nelson/CoinDesk)
By Danny Nelson
May 21, 2024 at 3:02 p.m. UTC
May 21, 2024
layer 1SecurityHack
USDX stablecoin issued on Flare (engin akyurt/Unsplash)
Finance
Flare
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
The stablecoin is backed 1:1 and can be staked on the Flare blockchain.
USDX stablecoin issued on Flare (engin akyurt/Unsplash)
By Oliver Knight
May 21, 2024 at 9:00 a.m. UTC
May 21, 2024
FlareFlare Networklayer 1Staking
Zignaly Team (Zignaly)
Finance
Dubai
Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
ZIGChain's ecosystem fund is backed by DWF Labs.
Zignaly Team (Zignaly)
By Sam Reynolds
Apr 17, 2024 at 3:00 p.m. UTC
Apr 17, 2024
DubaiLicensesTOKEN 2049CosmosBlockchainslayer 1
Monad Labs is looking to provide faster EVM processing than Ethereum. (Julian Hochgesang/Unsplash)
Finance
Layer 1
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
The company is looking to offer an Ethereum-compatible environment that's faster than the original.
Monad Labs is looking to provide faster EVM processing than Ethereum. (Julian Hochgesang/Unsplash)
By Sheldon Reback
Apr 9, 2024 at 3:32 p.m. UTC
Apr 9, 2024
layer 1BlockchainsEVMFundingParadigm
Breaking Down Internet Computer's 40% Rally
Video
Dominic williams
Breaking Down Internet Computer's 40% Rally
Layer 1 Smart Contract Platform Internet Computer (ICP) gained 40% in the past week to a market cap above $8.8 billion. This comes after DFINITY Foundation founder Dominic Wil...
Breaking Down Internet Computer's 40% Rally
By CoinDesk Staff
Mar 27, 2024 at 3:15 p.m. UTC
Mar 27, 2024
Dominic WilliamscdtvChartDay_SponsorInternet Computerlayer 1Dfinity Foundation
Tornado Cash website and Discord taken offline (Nikolas Noonan/Unsplash)
Technology
Blockchain
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
Canto will remain a Cosmos layer 1 network rather than shift to the Ethereum ecosystem, as previously announced. Its new Cyclone Stack will include upgrades aimed at scaling a...
Tornado Cash website and Discord taken offline (Nikolas Noonan/Unsplash)
By Margaux Nijkerk
Mar 15, 2024 at 2:00 p.m. UTC
Mar 15, 2024
Blockchainlayer 1Polygon
Tether CEO Paolo Ardoino (Tether)
Finance
Tether
Tether's USDT To Launch on Celo
The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.
Tether CEO Paolo Ardoino (Tether)
By Lyllah Ledesma
Mar 11, 2024 at 1:00 p.m. UTC
Mar 11, 2024
TetherUSDTCelolayer 1