Business Wire

Hemi Labs Raises $15 Million to Launch Advanced Modular Blockchain Network Powered by Bitcoin and Ethereum

CHICAGO--(BUSINESS WIRE)--Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network (“Hemi”). Hemi is a modular blockchain network built on Bitcoin and Ethereum, ...
CoinDesk

Flow scraps blockchain 'rollback' plan after community backlash over decentralization

The layer-1 network, Flow, scrapped plans to roll back its blockchain following a $3.9 million exploit, reversing course after pushback from ecosystem partners who warned that rewriting chain history ...
Business Wire

Blockchain Recovery Investment Consortium (BRIC) Announces $299.5 Million Settlement with Tether in Celsius Network Bankruptcy

NEW YORK & MIAMI--(BUSINESS WIRE)--Today, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced that Tether has paid $299.5 million to the ...
CoinDesk

Celo Migration to Layer-2 Network Is Done, Bringing in New Era for the Blockchain

The Celo blockchain's long-awaited plan of becoming an Ethereum layer-2 chain has been completed, ending an almost two-year process, the main organizations behind the network said Wednesday. The ...