Archived Posts

The Helium Foundation stated today that it would convert its own purpose-built Layer 1 blockchain to the Solana blockchain in order to link the world’s biggest decentralized wireless network to the cryptocurrency ecosystem with the greatest growth rate. The move will allow Helium’s core developers to use Solana’s existing blockchain and make HNT more interoperable   Read more...

CoinCorner, a leading name in Bitcoin and Lightning Network facilities, has teamed with Sheikh Saeed bin Al Maktoum’s Private Office’s Seed Group to enable Bitcoin trades in the United Arab Emirates (UAE). Hisham Al Gurg, CEO of Seed Group and the Private Office of Sheikh Saeed bin Al Maktoum, stated, “In addition to people, a   Read more...

In accordance with the most recent DefiLlama statistics, Aada finance, a noncustodial lending covenant on Cardano’s mainnet, has seen a tremendous increase in total value locked. While preparing this report , Aada finance’s seven-day growth rate has hit an astounding +565,873 percent. Aada finance is the initial platform that allows lending and borrowing of native   Read more...

Proposed bill in the US House of Representatives would impose a two-year prohibition on fresh algorithmic stablecoins, including TerraClassicUSD (USTC), which de-pegged from the US dollar a few months before, sparking significant cryptocurrency market panic. The law would make the development or issue of fresh “endogenously collateralized stablecoins” illegal, as per a Bloomberg-obtained copy of   Read more...

Styngr, the initial music integration platform for gaming and the metaverse, is thrilled to announce its collaboration with onXRP and Ripple to deliver music integration in the forthcoming free-to-play battle royale running game Maladroids on the XRP Ledger (XRPL). The cooperation will include an in-game radio station with a customized playlist of electronic dance music   Read more...

Vitalik Buterin, the developer of Ethereum, has written a blog article detailing how Layer 3 scaling mechanisms may function. Vitalik Buterin, the developer of Ethereum, feels that stacking rollups would not efficiently scale Ethereum, although he has thoughts on the fate of Layer 3 scaling. Layer 2 platforms are in their early stages, but Vitalik   Read more...

PGA Tour, the promoter of the most prominent men’s professional golf circuits in the United States and Canada, has collaborated with Autograph, a non-fungible token (NFT) ecosystem, to create a fresh digital collectables framework that will concentrate only on the game of Golf. As stated in the PGA Tour’s statement, Autograph will assist in the   Read more...

HSBC has executed the initial Blockchain trade for the Middle Eastern Automobile Sector. The trade was enabled through the Blockchain network Contour between the Chinese automaker SAIC Motor and the official MG vehicle dealership in Saudi Arabia, Taajeer Group. As per local media, the Contour network permitted the end-to-end digitization of the credit paperwork necessary   Read more...

Fantom, a DAG (Directed Acyclic Graph) smart contract solution that offers developers with decentralized financial (DeFi) capabilities, has announced a new cooperation with Minimax Finance. As per Minimax, the Fantom network can provide several advantages to its initiatives, including high speed, safety, and openness, which Minimax’s users are currently enjoying. Nevertheless, this is merely the   Read more...