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Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption


Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero...

Blockstream Completes $210 Million Convertible Note Financing Round


Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development...

Mint Blockchain Secures $1.35 Million Grant From Optimism Governance


Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to...

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