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10 Best Layer 1 Crypto Projects to Watch in 2024


Many cryptocurrency investors prefer layer 1 networks over secondary tokens, such as those following the ERC-20 or BEP-20 standards. After all, layer 1 blockchains determine their own consensus models, governance, and transaction processing. This guide analyzes the 10 best layer 1 crypto projects...

Bankless Founders Vow to Separate Media Company from DAO Amid Controversy


Image Source: Pixabay In the midst of an ongoing controversy surrounding cryptocurrency media platform Bankless and its associated decentralized autonomous organization (DAO), the company’s founders have announced their intention to separate the brand from the DAO. Co-founders David Hoffman...

Chainalysis and KPMG Unveil Joint Initiative to Tackle Crypto Fraud In Canada


Source: Pixabay Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud. As part of the collaboration, KPMG will join Chainalysis’ “Solution Provider” program. The program provides “rigorous monitoring, support...

Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding


Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle.  The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...

dYdX Chain Kickstarts Operations With Beta Mainnet Launch


Source: dYdX Cosmos-based layer 1 dYdX Chain has achieved a significant milestone with the recent release of its beta mainnet phase, marking the start of a live trading interface propelled by a community governance vote. The Beta Stage is live on https://t.co/hUHzHf2j0R ???? After the dYdX...

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