#LAYER1 News

EOS Network Mainnet Turns Five, Here's What Was Achieved Last Year
u.today EOS Network celebrates fifth anniversary of its mainnet operations; here's brief look back at its endeavours in last 12 months EOS Network Foundation, a nonprofit that…

1 million wallets use Coinbase-backed Base’s smart contracts during testing
theblock.co Base, a Layer 2 network in development by Coinbase, reported that more than one million wallets initiated smart contracts on its test network during the Builder Quest…

Optimism Deploys Bedrock Upgrade
thedefiant.io Optimism has deployed its long-awaited Bedrock upgrade, which optimizes its technology stack for modularity, allowing third-party developers to launch customizable layer 2…

The Sui Network Burns Rubber with Red Bull Racing
nftplazas.com Domineering Formula 1 team, Oracle Red Bull Racing, has announced it will burn its rubber onto the Sui Network. As a result, leveraging the swift new blockchain in order to…

The Ethereum Question: Why does the SEC avoid taking action against Ethereum when all else are fair game?
cryptoslate.com The U.S. Securities and Exchange Commission (SEC) filed suit against Binance today in a move that has rocked the cryptocurrency industry. The complaint notably includes…

Skale Network introduces Ethereum ZK-Rollup Levitation Protocol
theblock.co Skale Network has released the Levitation Protocol — a Zero Knowledge (ZK) rollup aimed at providing a new scaling solution for Ethereum developers. Skale operates as an…

45 million-strong crypto app targets Twitter with new social media platform
theblock.co Bots, bullying and bum information. Billions of people use social media despite sometimes feeling dispirited by the experience; toxicity often in full display. One crypto…

Nvidia 'superchip' for Softbank strikes at Intel, boosts Arm in open RAN
lightreading.com Even into her late seventies, Grace Hopper had a fearsome, not-to-be-trifled-with look. Nvidia's new "superchip," named after the legendary female computer scientist and…

Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance
newsbtc.com blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With…

Deloitte Taps Polkadot’s Kilt Protocol For KYC Credentials
thedefiant.io Deloitte Consulting AG, a subsidiary of the ‘Big Four’ accounting firm, Deloitte, has tapped the Polkadot-based Kilt protocol for digital identity services. Kilt will issue…

Arbitrum Teams Up With AltLayer In Layer 3 Push
thedefiant.io Despite Ethereum’s Layer 2 ecosystem being far from realizing its full potential, market leader Arbitrum is already setting its sights on Layer 3. Arbitrum entered the Layer…

Optimism, Sui set for large token unlocks, worth a combined $650 million
theblock.co Crypto networks Optimism and Sui are set for token unlocks this week that will see each of their circulating supply of tokens increase significantly. Ethereum Layer 2…