Web3 startups flock to accelerators as crypto enthusiasm surges
    01 Apr 2024

    Some Web3 startups are turning to accelerator programs as crypto enters a new bull market and investors look to get involved in the Accelerator programs offer mentorship and guidance in return for early equity. For example, United States-based Y Combinator counts several crypto firms, such as Coinbase and OpenSea, among its alumni. On March 26, Andreessen…

    Polygon CEO says L3s are taking value away from Ethereum, sparking debate
    01 Apr 2024

    Polygon CEO Marc Boiron has riled up debate on X over the weekend after arguing that layer-3 networks aren’t necessary to scale Ethereum and exist only to rob the mainnet of value. On April 1, the Polygon CEO said that Polygon Labs, a layer-2 scaling network for Ethereum, does not work on layer 3s because…

    Tron argues SEC ‘not a worldwide regulator’ and lawsuit goes ‘too far’
    01 Apr 2024

    The entity behind layer-1 blockchain Tron has asked a New York federal court to dismiss a United States Securities and Exchange Commission lawsuit against it, arguing the U.S. regulator targeting “predominantly foreign conduct.” “The SEC is not a worldwide regulator,” and its effort to apply U.S. security laws to “predominantly foreign conduct” goes “too far,”…