layer-1

According to Einnews, quantum-safe Layer-1 blockchain developer Diamante Financial announced the completion of a $1.5 million strategic funding round, with participation from Khofiz Shakhidi, founder of Jefferson Capital Ltd and co-founder of Minexx Ltd.The new funds will support its development of a production-grade L1 encryption network based on post-quantum cryptography technology (FIPS 204) to address the quantum security vulnerabilities faced by crypto assets.

According to a report by Cointelegraph, Indian cryptocurrency exchange CoinDCX pointed out in a survey released on Thursday that Indian cryptocurrency investors now hold an average of 5 tokens per portfolio, up from about 2-3 in 2022.Among them, Layer-1 tokens are the most popular category, chosen by 43.3% of respondents, which CoinDCX describes as "a clear indicator of research-driven diversification rather than single-asset speculation." Bitcoin follows closely, accounting for 26.5%, while meme coins make up 11.8% of investor preferences.

According to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Layer-1 blockchain Arc has been the project with the most new followers among top personalities on X (Twitter). New influential figures following this project include Mr. Block (@mrblocktw), renowned analyst 0xWizard (@0xcryptowizard), and angel investor naniXBT (@naniXBT).

ChainCatcher news, recently, Ethereum core developer Federico Carrone issued a warning that the growing influence of the venture capital firm Paradigm on the Ethereum network could pose a potential risk to the ecosystem.Carrone stated on social media that although Paradigm has created value for the community, its goals as a profit and influence-driven venture capital fund may not align with the philosophy and political ideals of Ethereum. Paradigm has gradually expanded its influence in the ecosystem by hiring key Ethereum researchers and funding open-source libraries that are critical to Ethereum. The company recently collaborated with fintech giant Stripe to incubate a competitive Layer-1 blockchain called Tempo, which is a stablecoin and payment-centric network, effectively controlled by Stripe, contrasting sharply with Ethereum's decentralized and open-source nature.

ChainCatcher news, Layer-1 network Mavryk Network announced the completion of a $10 million financing, led by MultiBank Group, to expand its real-world asset (RWA) tokenization program.It is reported that Mavryk Network and MultiBank have established a partnership to tokenize real estate in the United Arab Emirates valued at over $10 billion through the latter's RWA platform.

ChainCatcher message, according to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Layer-1 blockchain Arc has been the project with the most new X (Twitter) top influencer followers. New followers of this project include Mr. Block (@mrblocktw), angel investor naniXBT (@naniXBT), and angel investor naniXBT (@naniXBT).In addition, the project with the most X top influencer followers also includes ALTS.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Layer-1 blockchain Arc has been the project with the most new X (Twitter) top influencers following it. New influential figures following this project include Mr. Block (@mrblocktw), angel investor naniXBT (@naniXBT), and angel investor naniXBT (@naniXBT).In addition, the project with the most X top influencers following it also includes Divvi.

ChainCatcher news, the high-performance rollup network Layer N has announced its transformation into a new Layer-1 blockchain N1. N1 is an application-centric full-stack Layer-1 blockchain designed to prioritize scalability and performance.N1 will adopt a super app and product-centric approach. It will be the first blockchain to support Typescript application development (other languages such as Solidity, Rust, and C are also in preparation), lowering the learning curve for deploying applications on-chain.The team behind N1 has received significant investments from institutions such as Founders Fund, Multicoin, dao5, Kraken, Amber, GSR, and SALT.

ChainCatcher news, according to CoinDesk, Hong Kong cryptocurrency custody company Hex Trust has issued the stablecoin USDX on the Layer 1 blockchain Flare.USDX becomes the first native stablecoin on Flare. It will be used in lending protocols and trading platforms, and it also features a dedicated T-Pool staking mechanism created by the decentralized credit market Clearpool. The stablecoin is pegged to the US dollar or equivalent assets at a 1:1 ratio, and USDX stakers will receive yields from RWA and cUSDX as rewards.Additionally, the Web3 asset data platform RootData shows that Hex Trust is a certified and insured provider of bank-grade digital asset custody. Through its proprietary platform Hex Safe, Hex Trust offers custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, enterprises, and private clients. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam.

ChainCatcher news, Layer-1 public chain BP-FLAC has launched a PoW sidechain called Eon. It uniquely combines mining with the aggregation of global computing power. In the future, Eon's goal is to develop into a Layer 2 solution for Bitcoin, integrating with the Bitcoin ecosystem to enhance its functionality and contribute to the blockchain landscape.It is reported that BP-FLAC (Blockchain Powered Federated Learning and AI Certification) is a generative AI EVM Layer-1 public chain aimed at democratizing and decentralizing the AI training process using blockchain technology. It is building a scalable and secure platform that allows individuals and organizations worldwide to contribute computing resources to a shared pool, enabling anyone to train AI models at any time.