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#Layer 1 blockchain

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Ritual Launches Blockchain Designed for Autonomous AI Agents
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Ritual Launches Blockchain Designed for Autonomous AI Agents

Key Highlights: Ritual, founded by former Polychain Capital partners, has introduced Ritual Chain, an EVM-compatible Layer 1 blockchain optimized for autonomous AI agents. The network features 15 native precompiles that allow smart contracts to interface with language models, run private computations, browse the web, and schedule tasks. Autonomous agents can operate independently for months or ...

Starknet Prepares to Exit Ethereum as STRK Plunges 41%
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Starknet Prepares to Exit Ethereum as STRK Plunges 41%

Key Highlights: The Starknet community voted to study transitioning from an Ethereum Layer-2 rollup into an independent, post-quantum Layer-1 blockchain, backed by a joint StarkWare and Starknet Foundation working group. StarkWare CEO Eli Ben-Sasson argued that Ethereum’s targeted December 2029 post-quantum timeline is too late and susceptible to schedule slips, justifying Starknet’s target for 2027. ...

Starknet Approves Proposal to Explore Quantum-Resistant Layer 1 Blockchain
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Starknet Approves Proposal to Explore Quantum-Resistant Layer 1 Blockchain

Key Highlights: StarkWare and the Starknet Foundation are spearheading research to make Starknet quantum-safe by 2027, ahead of Ethereum’s projected 2029 timeline. A draft white paper exploring reduced reliance on Ethereum and the potential path toward an independent Layer 1 architecture is slated for release in November. Current operations remain uninterrupted, with STRK continuing as ...

Crypto Project That Raised $140 Million Shuts Down Network to Migrate to Sui
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Crypto Project That Raised $140 Million Shuts Down Network to Migrate to Sui

Key Highlights: $DATA (formerly Story Protocol), an a16z-backed startup with $140 million in funding, is shutting down its proprietary Layer-1 blockchain to build on Sui. The high infrastructure, engineering, security audit, and validator expenses of maintaining a custom Layer 1 led the team to refocus on core product development. As part of the strategic migration, ...

NEAR Protocol Launches NEAR Business Multisig Treasury Platform
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NEAR Protocol Launches NEAR Business Multisig Treasury Platform

Key Highlights: NEAR Protocol has launched NEAR Business, a dedicated treasury solution designed specifically for crypto teams operating on the blockchain. The initiative aligns with NEAR Protocol’s broader strategic vision to become a leading platform for decentralized applications by providing innovative financial infrastructure. Market activity for NEAR remains subdued in the immediate aftermath of the ...

Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds
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Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds

Key Highlights: Qubic patched a critical vulnerability in its web wallet caused by using JavaScript’s non-cryptographic Math.random() function for seed generation. Network validators, known as Computors, will vote on recovery options for frozen funds once the core team completes its audit of impacted wallets. The incident adds to an ongoing pattern of seed-generation vulnerabilities across ...

Starknet Could Separate from Ethereum as STRK Holders Begin Critical Vote
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Starknet Could Separate from Ethereum as STRK Holders Begin Critical Vote

Key Highlights: StarkWare is considering transitioning Starknet into a standalone Layer 1 blockchain to accelerate defenses against quantum computing threats. StarkWare CEO Eli Ben-Sasson advocates for reaching full quantum resilience by 2027, outpacing Ethereum’s projected 2029 timeline. A formal shift to Layer 1 requires new technical proposals, a detailed roadmap, and governance approvals, with no ...

Pearl Crypto Surges 228% in a Month: What Is the PRL Token?
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Pearl Crypto Surges 228% in a Month: What Is the PRL Token?

Key Highlights: Wrapped Pearl [WPRL] jumped 228% over the past month, trading at $1.93 on Uniswap v3 after reaching a high of $2.10. Pearl is a Layer-1 network built on Bitcoin’s codebase that replaces SHA-256 mining puzzles with matrix multiplication used for AI computation. The network faces technical hurdles, including an impending supply dilution of ...

Altcoin Four-Year Lock-Up Period Ends: New Supply Could Drop by 60%
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Altcoin Four-Year Lock-Up Period Ends: New Supply Could Drop by 60%

Key Highlights: Aptos has completed the four-year vesting schedule established for its core developers and initial investors following its October 12, 2022 mainnet debut. Official token economics data confirms that the end of this schedule will cut the annualized unlock rate by approximately 60%. The conclusion of these regular distributions eliminates ongoing token release pressure ...

STRK Surges 322% in Four Weeks, Outperforming Bitcoin and Ether
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STRK Surges 322% in Four Weeks, Outperforming Bitcoin and Ether

Key Highlights Starknet’s native token, $STRK, surged 322.26% over an approximately 28-day window from Sept. 13 to Oct. 11, significantly outpacing bitcoin and ether. On-chain decentralized exchange (DEX) activity saw massive expansion, jumping from $6.3 million on Sept. 14 to $41.4 million on Oct. 10, while total value locked (TVL) rose 5.1%. StarkWare CEO Eli ...

Starknet Considers Leaving Ethereum to Launch Quantum-Resistant Layer 1 Network
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Starknet Considers Leaving Ethereum to Launch Quantum-Resistant Layer 1 Network

Key Highlights: StarkWare CEO Eli Ben-Sasson revealed that Starknet is evaluating independence from Ethereum to accelerate defenses against potential quantum computing and AI threats. While Starknet’s ZK-STARK system is inherently hash-based, its bridge infrastructure and settlement layer remain tied to Ethereum’s timeline, which targets quantum resistance by December 2029. The strategic deliberations coincide with a ...

Altcoin Surges Over 50% in a Single Day to Reach 2026 High
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Altcoin Surges Over 50% in a Single Day to Reach 2026 High

Key Highlights: Starknet ($STRK) surged over 55% in a 24-hour window, breaking above the $0.10 mark to tap an intraday high of $0.1022. StarkWare CEO Eli Ben-Sasson proposed transitioning Starknet from an Ethereum Layer-2 scaling solution into an independent Layer-1 blockchain to mitigate quantum computing threats. Establishing an autonomous Layer-1 network would enable Starknet to ...