Blockchain News

Elon Musk’s D.O.G.E explores blockchain to boost government transparency

January 27, 2025 2 mins read

Elon Musk‘s Department of Government Efficiency (D.O.G.E) is exploring blockchain technology to improve federal operations. The goal is to enhance transparency and reduce costs in government finances. Supporters like Charles Hoskinson, founder of Cardano, believe this initiative could transform how public funds are managed by providing real-time data access and minimizing corruption. Blockchain’s decentralized nature is ideal for tracking government spending, securing sensitive information, and boosting accountability. This initiative aligns

Bitget teams up with Jambo to fund a telecom satellite launch

January 18, 2025 1 min read

Bitget, a leading cryptocurrency exchange, has partnered with Jambo to support a telecom satellite launch aimed at enhancing decentralized access in emerging markets. Jambo plans to raise $5 million through a token sale on Bitget’s LaunchX platform to expand its blockchain ecosystem and facilitate this project. This collaboration is expected to increase Bitget’s visibility while allowing Jambo to integrate its blockchain communication hardware. Jambo, launched in 2022 and referred to

Saga launches Metropolis.lol

January 16, 2025 1 min read

Saga has launched Metropolis.lol, a decentralized Layer-1 blockchain tailored for AI agents. This platform merges blockchain and AI, aiming for scalability and growth. Collaborating with Virtuals Protocol, Eliza Labs, Wayfinder Foundation, and ai16z, Saga seeks to create a vibrant ecosystem for intelligent agents. Metropolis.lol serves as an open-source agent runtime, providing developers with tools to create AI-driven applications. Saga refers to it as a “reality arbitrage protocol,” focusing on a

Sony unveils the Soneium Mainnet, advancing Web3 with 15M wallets

January 14, 2025 1 min read

Sony has launched the mainnet for its blockchain platform, Soneium, marking a significant step in its Web3 strategy. Developed by Sony Block Solutions Labs in partnership with Startale, Soneium aims to transform entertainment, gaming, and finance using blockchain technology. Following a successful testnet phase, Soneium now has 15 million active wallets and over 47 million transactions. The mainnet launch builds on the earlier testnet, Soneium Minato, which allowed users to

Solana Winternitz Vault generates new cryptographic keys for each transaction

January 5, 2025 1 min read

The Solana Winternitz Vault is a groundbreaking solution developed by Solana to mitigate the risks posed by quantum computing to blockchain security. Utilizing a hash-based signature system, this vault generates new cryptographic keys for each transaction, enhancing the safety of users’ funds against potential quantum attacks. Traditional security measures, such as the Elliptic Curve Digital Signature Algorithm (ECDSA), may become vulnerable as quantum computers advance, capable of executing complex calculations

Jordan approves a 2025 Blockchain Policy to modernize government services

January 2, 2025 1 min read

Jordan has recently approved its 2025 Blockchain Technology Policy, aimed at modernizing government operations, enhancing service delivery, and reducing costs. The policy prioritizes data security, privacy, and transparency, intending to bolster public trust in government services. By integrating blockchain technology into public administration, Jordan seeks to streamline processes, cut operational costs, and improve efficiency for both citizens and businesses. This initiative is part of a broader economic modernization strategy designed

Solana and Sui blockchain networks outperform Ethereum in 2024

January 2, 2025 1 min read

Ethereum has faced disappointment in 2024 due to its inability to reach new heights, particularly as Bitcoin achieved a significant milestone by surpassing $100,000. While Bitcoin reached an all-time high of $108,135 on December 17, Ethereum struggled to maintain its position, failing to consistently exceed the $4,000 mark. A recent report from Matrixport highlighted the rise of alternative layer-1 blockchains, specifically Solana and Sui, which have outperformed Ethereum in terms

Leading asset management firm Franklin Templeton launches its DeFi solution on Ethereum

December 29, 2024 1 min read

Franklin Templeton, a well-known asset management firm, has taken important steps in decentralized finance (DeFi) by launching its tokenization project, Benji, on the Ethereum blockchain. This is the company’s fifth platform integration in 2023, after successful launches on Aptos, Avalanche, Arbitrum, and Base. Now, Benji is available on seven platforms, including Stellar and Polygon. Sandy Kaul, the Head of Innovation Strategies at Franklin Templeton, talked in a podcast about how

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