layer 1

Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding

by

Linera, a layer-1 blockchain attempting to tackle scalability issues using ‘microchains,’ said it closed a new $6 million funding round led by venture capital fund Borderless Capital. The firm – founded by a former Meta Novi (Meta’s digital wallet, which will terminate in September) engineer Mathieu Baudet – has now raised a total of $12 … Read more

Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created

by

Sei Labs, the company behind layer 1 blockchain Sei, has announced that its mainnet is now live after a successful testnet phase. The blockchain’s native token SEI also went live today on exchanges such as Binance, Kraken and Huobi, among others. The focus for Sei is to create a chain that offers users the ability … Read more