Tagged: layer 1 blockchain

L1 Blockchain Kadena Teams Up with Ownera

Kadena, the “scalable” Layer 1 Proof of Work (PoW) blockchain, announces a strategic partnership with Ownera, a Fintech enabling distribution and trading of tokenized assets through their global interconnectivity network. This collab integrates Kadena’s blockchain tech with tokenization applications using Ownera’s FinP2P routers to “connect… Read More

L1 Blockchain Quai Network Announces Integration with Akash Network

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces its integration with Akash Network, a key player focused on decentralized cloud computing. This integration combines Quai’s multi-shard blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, promote “transaction efficiency,… Read More

L1 Blockchain Quai Network Teams Up with Akash Network

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces a partnership with Akash Network, a key player focused on decentralized cloud computing. This collab merges Quai’s “multi-shard” blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, enable transaction efficiency,… Read More

Wormhole Brings World ID to Solana as World ID Integrations Increase Internationally

Wormhole brings World ID to Solana as new World ID integrations take off globally. Interoperability platform Wormhole, a recipient of the Worldcoin Community Grants Wave, has successfully “completed its efforts to bring World ID to Solana, enabling builders on the layer 1 blockchain to join… Read More

Haven1, an Ethereum VM-Compatible L1 Blockchain Network, Announces Strategic Alliance

Haven1, an EVM-compatible layer 1 blockchain network, has announced a strategic alliance with the team at Coinbag, an institutional-grade asset management solution. The alliance will bring the founding members and the highly-skilled team of developers from Coinbag over to Haven1, “bolstering the network’s development in… Read More

Alpha Venture DAO, Sei to Support DeFi Innovations

Sei, a first sector specific Layer 1 specialized for trading and fastest chain to finality, joins together with Alpha Venture DAO, a Web 3.0 venture builder, “to deliver the most competitive incubation program, ‘Alpha Incubate Batch 2’ to DeFi builders.” They are collaborating to give… Read More

Mysten Labs Secures $300M to Onboard More Users to Web3

Mysten Labs, a web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced the initial close of its $300 million Series B funding round. This new capital “values the company at more than $2 billion.” The company intends “to use the proceeds from… Read More

Harmony Cross-Chain Horizon Bridge Reportedly Hacked for $100 Million

The Harmony team has identified a theft taking place this morning (June 24, 2022) on the Horizon bridge amounting to approximately $100 million. 3/ Note this does not impact the trustless BTC bridge; its funds and assets stored on decentralized vaults are safe at this… Read More

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