Layer 1
Bitcoin Gets Native DeFi Stack as OP_NET Goes Live on Mainnet
The execution layer's launch comes alongside a DeFi stack, including a Bitcoin L1 DEX, permissionless smart contract deployment, and OP-20 token launches.
Tempo Goes Live on Mainnet, Unveils Machine Payments Protocol with Stripe
The payments-focused L1 launches with a slew of fintech and TradFi partners, while MPP is aimed at enabling agentic commerce.
Interop Protocol LayerZero Unveils L1 Blockchain Zero
Alongside its permissionless blockchain, the firm also revealed investments from Citadel Securities and ARK Invest.
Movement Pivots to Layer 1 as On-Chain Activity Declines
The Ethereum L2 is aiming for its own L1 launch, while on-chain data shows falling transaction activity.
Decentralization Diehards Unite in Their Critique of Corporate L1s Like Tempo
Web2 firms are betting on their own blockchains, but many web3 industry leaders are questioning the move away from Satoshi Nakamoto’s vision and ethos.
Stripe and Paradigm Unveil Permissionless Layer 1 Blockchain, Tempo
The payments network features design input from a star-studded lineup including Anthropic, Visa, OpenAI, and Deutsche Bank.
Monad Labs Raises $225M in This Year’s Biggest Funding Round
The round was led by Paradigm, and includes MakerDAO’s Rune Christensen and Coinbase Ventures.
Vitalik Remains Wary Of Overly Complex Layer 2s
The Ethereum founder thinks it could be “worth adding some pretty sophisticated L1 features to reduce the code burden of L2s.”
Burn Rate Surges Amid Spike In Ethereum On-Chain Activity
Nearly $63M worth of ETH was burned in the past two weeks.
Ethereum Developers Confirm Dencun Testnet Dates, Look To Following ‘Pectra’ Upgrade
Pectra is set to bolster decentralization by introducing statelessness through Verkle Trees
