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layer 1
Sui Network, a New Blockchain From Ex-Meta Employees, Launches Its Testnet
The competitor to the Aptos blockchain said that developers can continue to use its devnet.

Aptos CEO Defends 'Fair' Tokenomics After Community Backlash
The CEO of Aptos, the layer 1 blockchain led by former Meta employees that went live last month, has defended the project's "fair" token allocation following a wave of criticism from its community. "The Hash" panel discusses the latest in the world of tokenomics.

Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.

Aptos Token Rebounds After Upstart Blockchain's Dismal Debut
The price of the newly launched APT token has nearly rallied back to where it started trading last week, before a swift crash.

Celestia Labs Raises $55M to Build Modular Blockchain Network
The combined Series A and B round was led by Bain Capital Crypto and Polychain Capital.

Blockchain Established by Former Meta Employees Off to a Slow Start
Aptos, a new layer 1 blockchain established by former Meta (META) employees that promised extremely fast transaction speeds, isn't living up to those brisk expectations on its first day. "The Hash" panel discusses the launch of Aptos and the outlook for base layers during a bear market.

Aptos Debuts Its Blockchain, Putting Millions in VC Dollars to the Test
The venture capital darling has been anticipated for months.

Market ‘Purgatory’ With Layer 1s Even After Ethereum Merge: Analyst
Rubicon Crypto co-founder and CEO Greg Johnson predicts continued market “purgatory” even after the Ethereum Merge, particularly with other layer 1 protocols.

Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development
CoinFund, a crypto-specific investment firm, inaugurated a $300 million venture capital fund to back early-stage blockchain projects including layer 1 blockchains, Web3 infrastructure, non-fungible tokens (NFTs), gaming, and asset management. “The Hash” panel discusses the latest sign of investor confidence amid a sour mood in the markets.

Three Crypto Regulatory Actions That Need to Be Taken, According to Messari's CEO
Messari Co-founder and CEO Ryan Selkis discusses his take on the crypto regulatory actions that the industry is lacking, which includes clarity on stablecoins, the CFTC's ownership over layer 1 blockchains, and the status of DeFi.
