Blockchain News

Kraken’s Ink blockchain launches early on mainnet

December 20, 2024 1 min read

Kraken exchange has launched its new Layer-2 blockchain, Ink, on the mainnet earlier than expected, thanks to strong community support and developer excitement. Originally set for a 2025 release, Ink is coming out early due to high demand shown by millions of testnet transactions and many connected wallets. Ink is built on the Optimism Superchain and focuses on decentralization and interoperability. Stage 1 of decentralization is planned to start in

The Current Changes in the Blockchain Network: Why Users Need More Bitcoin

December 18, 2024 3 mins read

As we navigate a rapidly evolving cryptocurrency landscape, significant changes have already occurred in the blockchain network, particularly concerning the necessity for investors to increase their holdings of Bitcoin. With the recent resurgence of the Chinese crypto market and the ongoing monopolization of the crypto market by major corporations, the demand for Bitcoin has surged. As we approach the new calendar year, investors should be aware of these developments and

Grayscale unveils Trusts for Lido DAO and Optimism

December 15, 2024 1 min read

Grayscale, a well-known cryptocurrency investment firm, has introduced two new Trusts for Lido DAO (LDO) and Optimism (OP), which are important parts of Ethereum’s ecosystem. This initiative fits with Grayscale’s plan to back projects that improve Ethereum’s scalability, security, and use, especially in decentralized finance (DeFi). Lido DAO is a top platform for staking Ethereum, and Optimism is a solution that helps scale transactions. Both are aimed at making the

Avalanche launches Avalanche9000 testnet to reducing costs and enable permissionless L1s

November 26, 2024 1 min read

Avalanche, the blockchain ranked eighth by total value locked (TVL), has introduced its most significant update yet with the Avalanche9000 upgrade, now live on the testnet. This groundbreaking overhaul aims to revolutionize app development, reduce transaction fees, and make validator operations more affordable, setting the stage for its mainnet launch in late 2025. Key Features of Avalanche9000 The upgrade includes two major proposals: Avalanche9000 also enhances interoperability with Interchain Messaging (ICM), enabling seamless

Cronos Labs announces an expansion of its strategic partnership with Google Cloud

November 7, 2024 2 mins read

Cronos Labs, a startup accelerator dedicated to expanding the Cronos blockchain ecosystem, has announced an exciting enhancement to its partnership with Google Cloud. This collaboration positions Google Cloud as the main cloud provider for Cronos, focusing on four key areas: onboarding Google Cloud as a validator, driving technical innovation, boosting developer engagement at the intersection of AI and blockchain, and creating value for startups in the Cronos Accelerator program. Ken

TON Foundation unveils Society DAO

November 3, 2024 1 min read

The Open Network Foundation is taking significant steps to enhance the decentralization of its blockchain network through a new governance initiative called Society DAO. Announced on November 1, this initiative aims to create a more inclusive and transparent ecosystem for the TON community. Society DAO is designed to empower community members by incorporating essential principles of decentralization, transparency, and inclusivity. According to Steve Yun, the president of the TON Foundation,

Securitize reaches $1 billion in on-chain issuances

November 3, 2024 1 min read

Securitize has achieved a significant milestone by surpassing $1 billion in on-chain issuances and introducing Securitize Fund Services, a new platform aimed at enhancing the efficiency of fund administration through blockchain technology. This innovative service seeks to eliminate common challenges like slow net asset valuations and cumbersome onboarding processes, ultimately streamlining digital finance operations. The Securitize Fund Services platform tackles persistent issues in fund management by providing a comprehensive solution

MANTRA launches its mainnet, enabling tokenization of real-world assets on-chain

October 24, 2024 1 min read

MANTRA has officially launched its mainnet, a pivotal advancement in the world of blockchain aimed at integrating real-world assets (RWAs) onto the chain. This launch not only enhances the functionality of its OM token, which has transitioned from the ERC-20 standard to the MANTRA Chain, but also allows users to stake their OM tokens and earn rewards in the burgeoning RWA ecosystem. The introduction of MANTRA’s mainnet underscores its ambition

exSat Network Launches Mainnet with over 270M TVL

October 23, 2024 1 min read

exSat Network has officially launched its mainnet, marking a pivotal moment for both its community and the larger blockchain landscape. This innovative scaling solution aims to fulfill Satoshi Nakamoto’s original vision for Bitcoin, which was to provide users with enhanced freedom, control, and security in financial transactions. Although a significant portion of Bitcoin has already been mined, exSat seeks to expand its practical applications and utility. The launch was supported

Decentraland Launches Revamped Virtual World with Enhanced Features

October 22, 2024 2 mins read

Decentraland has just unveiled an exciting new desktop client, marking a significant advancement in how users can engage with this pioneering decentralized virtual world. This beta version enhances performance and immerses users in a richer environment, while also introducing innovative features that pave the way for future developments and improved tools for creators. Transitioning from a browser-based platform to a more robust, Unity-powered desktop experience, Decentraland is aligning itself with

ethOS launches dGEN1, a device for Ethereum on-chain dApp interactions

October 20, 2024 1 min read

ethOS, the Ethereum-focused operating system, has introduced an exciting new device called the dGEN1, which aims to revolutionize how users interact with decentralized applications (dApps) on the Ethereum network. Dubbed “the first on-chain everyday carry,” the dGEN1 is tailored specifically for those immersed in Ethereum’s growing ecosystem. Unlike other blockchain devices like the Solana Mobile Saga, the dGEN1 does not support telecom features, focusing exclusively on Ethereum interactions. It runs

Franklin Templeton launches the OnChain U.S. Government Money Fund (FOBXX) on Aptos

October 3, 2024 1 min read

Franklin Templeton is making waves in the world of finance by expanding its OnChain U.S. Government Money Fund (FOBXX) to the Aptos blockchain, marking a significant step in integrating traditional finance with decentralized finance. Launched in 2021, FOBXX is a US Treasury-backed fund that leverages the advantages of tokenized real-world assets, and its recent expansion follows similar moves to other blockchain networks like Avalanche, Polygon, and Stellar. As of October