layer 1

Aptos CEO Defends 'Fair' Tokenomics After Community Backlash
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 critici...
Aptos CEO Defends 'Fair' Tokenomics After Community Backlash

Founders Mo Shaikh (left) and Avery Ching (Aptos Labs)
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.
Founders Mo Shaikh (left) and Avery Ching (Aptos Labs)

An Aptos-branded hat (Danny Nelson/CoinDesk)
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.
An Aptos-branded hat (Danny Nelson/CoinDesk)

Celestia Labs is betting on a modular blockchain future. (Shutterstock)
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.
Celestia Labs is betting on a modular blockchain future. (Shutterstock)

Blockchain Established by Former Meta Employees Off to a Slow Start
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...
Blockchain Established by Former Meta Employees Off to a Slow Start

Aptos Labs CEO Mo Shaikh (Tracy Wang/CoinDesk)
Aptos Debuts Its Blockchain, Putting Millions in VC Dollars to the Test
The venture capital darling has been anticipated for months.
Aptos Labs CEO Mo Shaikh (Tracy Wang/CoinDesk)

Market 'Purgatory' With Layer 1s Even After Ethereum Merge: Analyst
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.
Market 'Purgatory' With Layer 1s Even After Ethereum Merge: Analyst

Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development
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 infras...
Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development

Three Crypto Regulatory Actions That Need to Be Taken, According to Messari's CEO
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 owne...
Three Crypto Regulatory Actions That Need to Be Taken, According to Messari's CEO

SINO CEO: Layer 1 Will Have Five to Eight Winners and Solana Will 'Probably' Be There
SINO CEO: Layer 1 Will Have Five to Eight Winners and Solana Will ‘Probably’ Be There
At #Consensus2022, Sino Global Capital CEO Matthew Graham discusses why he thinks Solana could be one of the five to eight winners of Layer 1, and what Solana needs to do to g...
SINO CEO: Layer 1 Will Have Five to Eight Winners and Solana Will 'Probably' Be There