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Layer 1 network developer Pod completes $10 million seed round of financing, led by a16z CSX and 1kx
01-28 14:11

Odaily News Layer 1 network developer Pod has completed a $10 million seed round of financing, which was co-led by A16z Crypto Startup Accelerator (a16z CSX) and 1kx, with participation from Flashbots, Blockchain Builders Fund and Protagonist. Angel investors include Nick White of Celestia, David Tse of Babylon, Sergey Gorbunov of Axelar, Waikit Lau of Lau Ventures and Apostolos Apostolaki of VentureFriends.
It is reported that the new funds will be used to build a "consensus-free" Layer 1 network with the goal of achieving transaction speeds as fast as Google searches.

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A Fidelity-linked wallet deposited 14,978 ETH into Coinbase
"Insider whales" increase their BTC short positions, with current positions worth approximately $132 million
Succinct (PROVE) Now Available on Binance Alpha
Over the past 4 hours, the entire network has experienced a liquidation of over $100 million, mainly due to the collapse of long orders.
BTC falls below 113,000 USDT
Data: Corporate crypto asset reserves exceed $100 billion