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Chiliz launches layer-1 blockchain to expand fan token ecosystem

Five years on from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth.Chiliz’s fan token ecosystem has long been powered by Ethereum-based ERC-20 tokens, but the validation of the Chiliz ‘2.0’ Blockchain genesis block sees the ecosystem

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Layer1 CEO alleges co-founder is using majority power to ‘ransack’ company

The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1's operations for their own gain. Chief executive John Harney and DGF Investments Inc — a British Virgin Islands-based investment firm — filed the

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Layer-1 EVM oracle platform Flare launches to boost interoperable DApps

Flare, a new layer-1 Ethereum Virtual Machine blockchain platform, has gone live with the launch of two core protocols aimed at powering decentralized interoperability applications.The platform serves as an oracle network that allows developers to build applications that are aimed at being interoperable with different blockchains and internet platforms and

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