Blockchain News

Huobi’s HECO Network, a Layer 1 blockchain that has been part of the platform’s ecosystem since its launch on December 10, 2020, is set to shut down on January 15, 2025.

FIFA and blockchain gaming company Mythical Games have announced a collaboration to create FIFA Rivals, a new free-to-play soccer game for mobile platforms, set for release in the summer of 2025.

Sui has forged a significant partnership with Franklin Templeton Digital Assets, aimed at accelerating innovation within its blockchain ecosystem.

A new initiative from Informal Systems, a blockchain infrastructure firm with roots in the Cosmos Network, is set to challenge traditional financial systems by enabling direct peer-to-peer debt clearing.

SUI’s blockchain was reportedly down for about an hour, and no blocks were produced during that period, raising concerns in the community.

Wintermute has gained approval from the Ethena Foundation to implement a plan that allocates a portion of Ethena’s revenue to stakers of its native token, ENA.

Franklin Templeton has unveiled the first-ever tokenized money market fund on the Ethereum blockchain, marking a significant milestone in the fusion of traditional finance and blockchain technology.

Tether has launched Hadron, a new platform designed to support institutions, corporations, fund managers, and governments in tokenizing a wide range of assets, including stocks, bonds, stablecoins, and loyalty points.

As 2024 draws to a close, several blockchain ecosystems are standing out in terms of global traffic and investor interest.

BlackRock’s BUIDL fund is expanding its reach to multiple blockchains, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.

Deutsche Telekom has made a significant step in the decentralized tech space by partnering with Meta Pool as part of the Enterprise Node Operator (ENO) program.

Excitement is building within the Cardano community as the highly anticipated Chang 2 hard fork arrives with two significant upgrades.

ZetaChain recently revealed a partnership with Google Cloud, aiming to advance Web3 development and drive the widespread adoption of universal applications, as outlined in a blog post.

Ethereum co-founder Vitalik Buterin recently discussed Ethereum’s progress and his vision for a more inclusive, scalable, and decentralized network.

Binance Labs, the investment branch of Binance, the leading cryptocurrency exchange, has made a key investment in Brevis, a platform focused on zk-coprocessors.

Following Donald Trump’s re-election, a16z crypto is reassuring founders that the evolving regulatory landscape will bring greater clarity to the sector.

At the Redacted conference hosted by Near in Bangkok, Edward Snowden, renowned privacy advocate and renowned whistleblower, shared his perspective on cryptocurrencies, AI, and the blockchain industry.

Anatoly Yakovenko, the founder of Solana, recently shared insights on the blockchain’s unique position in the crypto ecosystem, focusing on its emphasis on scalability and decentralization.

Germany’s central bank, Deutsche Bundesbank, has joined Singapore’s Project Guardian, a global initiative by the Monetary Authority of Singapore (MAS) aimed at modernizing financial markets through asset tokenization.

Despite the ongoing cryptocurrency ban in China, the digital asset landscape in both the most populated country in the world and Hong Kong is expanding, with innovative solutions opening new avenues for crypto adoption in the region.

In the third quarter of 2024, NFT trading volumes on the BNB Chain surged, seeing a 283% increase to an average of $600,400 per day, according to Messari’s analysis.

OrbitLabs has suggested a comprehensive review of Terra Classic’s proposed “Reverse Charge” tax system, designed to streamline tax processing on the blockchain.

Staking could play a pivotal role in enhancing the appeal of U.S.-based Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst at 21.co.

In a recent blog post, Shytoshi Kusama, the masked lead developer of SHIB, proposed the creation of a Strategic Hub for Innovation and Blockchain (S.H.I.B.) in a U.S. city, aimed at revolutionizing blockchain technology in the country.

In a significant move under Singapore’s Monetary Authority (MAS) Project Guardian, Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for tokenized fund settlement.

Cardano has introduced “Cardano Node 10.11”, the first node from the core network capable of passing the Chang 2 intermediate hard fork, an important step towards full circuit management.

UBS has unveiled a groundbreaking tokenized money market fund, known as the UBS USD Money Market Investment Fund Token (uMINT), designed to bring digital finance into the institutional arena.

The Open Network (TON), linked to Telegram, has launched a new governance model called Society DAO, announced on November 1.

Justin Sun, the founder of TRON, has revealed that the company is now a participant in the Chainlink SCALE initiative.

First Digital Labs is set to launch its FDUSD stablecoin on the Solana blockchain in December 2024, enhancing global transaction speed and reducing costs.

At SmartCon 2024, Chainlink unveiled a significant upgrade to its platform, introducing a new modular architecture aimed at enhancing flexibility and usability for developers and businesses.

As collaborations flourish in the cryptocurrency landscape, recent developments have emerged from the real-world asset (RWA) sector.

Tokenization of real-world assets (RWAs) is anticipated to experience significant growth, with estimates suggesting that assets under management (AUM) could surpass $600 billion by 2030.

A recent analysis from CryptoQuant hints at a potential shakeup in the cryptocurrency landscape, as one network is poised to eclipse Ethereum (ETH) in user count by the end of this year.

Ethereum is grappling with the challenge of increasing data size, which complicates its code and storage requirements for users.

The Shiba Inu team has rolled out an upgraded version of their decentralized exchange (DEX), ShibaSwap 2.0, with promising new features aimed at enhancing functionality and user experience.

Chainlink (LINK) has emerged as the leading ERC-20 project in terms of development activity, as reported by crypto analytics platform Santiment.

The XRP Ledger (XRPL) has reached a significant milestone in its Automated Market Maker (AMM) activity.

For nearly two weeks, Solana has led the way in daily trading volumes within the decentralized finance space.

The Terra Luna Classic community has taken a significant step by approving a proposal to eliminate forked mainline modules from its blockchain.

A recent development in the altcoin space has emerged from Cardano, though it has not yet yielded the anticipated results.

The conversation surrounding the effect of Ethereum’s layer-2 networks on the revenue generated by the Ethereum mainnet has been ongoing, with Sygnum Bank weighing in on the matter.

The GameFi sector is poised for significant expansion, projected to reach a market value of $301.5 billion by 2030, as reported by Nansen.

Kraken, one of the earliest cryptocurrency exchanges, is poised to debut its own blockchain network, called Ink, in 2025.

Base is set to launch permissionless fault proofs on October 30, a significant step towards decentralizing the network and reducing the control of any single entity.

Vietnam has officially unveiled its National Blockchain Strategy, as announced by the Ministry of Information and Communications (MIC) on October 23.

Vitalik Buterin, co-founder of Ethereum, has shifted his focus from “Merge” and “Surge” to a new initiative called “Verge,” aimed at enhancing the network’s accessibility and security.

Buenos Aires is taking a significant step towards modern governance by implementing blockchain technology and zero-knowledge cryptography for digital identity issuance.

Aurum Equity Partners, a private equity firm, has unveiled an ambitious $1 billion tokenized fund focused on both equity and debt, set to operate on the XRP Ledger, which is closely associated with Ripple.

Cardano is strengthening its position in the blockchain space through partnerships with major networks, including Polkadot, Algorand, Avalanche, Hedera, and Ripple.

According to analytics platform Santiment, XRP Ledger has seen significant growth in active wallets.

Vitalik Buterin, co-founder of Ethereum, is actively discussing improvements to the blockchain’s Proof-of-Stake (PoS) system in his recent essay

Tron’s meme coin platform, SunPump, experienced a major boost in the third quarter, as detailed in Messari’s report.

In a significant step for the digital finance sector, Singapore’s largest bank, DBS, has launched blockchain-based banking services aimed at institutional clients.

Blockaid, a company specializing in blockchain security, has integrated its Onchain Detection and Response (ODR) technology into the Stellar blockchain, initially targeting the Lobstr and Freighter wallet applications.

Stripe is exploring a potential acquisition of Bridge, a stablecoin payment platform, as it aims to strengthen its foothold in the stablecoin market.

The a16z report highlights the crypto sector’s pivotal role in tackling challenges within artificial intelligence (AI), particularly as AI development becomes increasingly costly and centralized.

The number of validators on Ethereum has surged over the past year, reflecting a significant uptick in institutional interest in cryptocurrencies.

A recent report from October 16 highlights Wall Street’s increasing interest in tokenization, driven by the benefits it offers for real-world assets (RWAs).

Charles Hoskinson, founder of Cardano, recently discussed a potential network upgrade following the launch of the Ouroboros Peras protocol.