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Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech


The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5. The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto...

The Protocol: The CFTC Is Cracking Down on Crypto


The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s...

BNB Chain’s Layer 2 Network opBNB Goes Live


The Ethereum Virtual Machine (EVM)-compatible L2 chain scalability solution based on Optimism OP Stack expands the BNB Chain ecosystem to provide cheaper gas fees for projects

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