Tag: Layer 1

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Crypto News

Kadena Shuts Down Operations, Leading Token To Collapse Over 60% As Founding Team Walks Away

Following the founding team's announcement that it was shutting down and stopping all network maintenance due to "market conditions," the native token underpinning the...
Crypto News

Movement To Move From Sidechain To Sovereign Layer 1 As Network Eyes Big Speed And Staking Upgrades

Move Industries, the team behind Movement Network, said on Monday it will migrate the network from a sidechain to a sovereign Layer 1 blockchain...
Crypto News

Google Cloud Rolls Out Layer 1 Blockchain Called Universal Ledger For Banks And Markets

Google Cloud is building a new layer 1 blockchain called Google Cloud Universal Ledger, aimed at banks and market infrastructure. Rich Widmann, Google Cloud’s...
Avalanche News

Cardano, Avalanche Lead Layer 1 Surge With 27% Gains, ATOM Follows At 20%

The cryptocurrency market has witnessed a significant surge across Layer 1 tokens, with multiple platforms showing substantial gains in a 24-hour period.  The rally has...