Modular blockchain Hemi Labs has launched its mainnet with $440 million in total value locked (TVL). The company, founded by early Bitcoin developer Jeff Garzik, aims to create a unified "supernetwork" by combining the best qualities of Bitcoin and Ethereum. Hemi plans to leverage Bitcoin's security and Ethereum's programmability to transform the blockchain landscape, particularly in decentralized finance (DeFi). The project has received $15 million in funding from Binance Labs and has already enlisted several protocols, including Sushi, pumpBTC, RedStone, and Pyth, for deployment on its network.



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