Category: Blockchain

Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Growth

Timothy Morano Nov 27, 2024 10:11 Layer 1 blockchains have seen explosive growth in 2024, with Mantra (OM) leading the charge, boasting a 7,035% increase. Explore the top performers and market dynamics. Layer 1 (L1) blockchains have witnessed remarkable growth in 2024, with some tokens experiencing unprecedented price increases. Among these, Mantra (OM) has emerged as a standout performer, boasting a 7,035% surge in value, according to CoinGecko. This extraordinary rise is partly due to Mantra’s strategic partnership with UAE-based digital bank…

‘Memecoins Are Getting A Little Weird’: Binance Founder Advocates For ‘Real’ Blockchain Projects

Memecoins have been the top narrative of this cycle, bringing in millions of dollars in revenue to platforms like Pump.fun and generating massive profits for crypto investors. However, many consider that the frenzy around these tokens has taken a concerning turn as the cycle progressed, with figures like Changpeng Zhao urging for projects with ‘real’ utility. CZ Calls For More Real Blockchain Applications On Tuesday, Binance co-founder and former CEO Changpeng ‘CZ’ Zhao shared his thoughts on the recent evolution of the memecoins, stating that they are “getting a little…

FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming

The integration of blockchain technology and sports gaming continues as an international football federation partnered with a well-known crypto-based gaming studio to create a new football game for mobile users. Football enthusiasts eagerly await the blockchain-powered free soccer game set to release next year. FIFA Rivals A new free-to-play mobile football game will debut in the summer of 2025. Crypto gaming firm and international football organization, Federation Internationale de Football Association (FIFA) developed a mobile game app called the FIFA Rivals. Reports said that FIFA Rivals will be similar to…

Blockchain Association Tables 5-Point Crypto Agenda For Trump’s Administration

Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly elected US Congress on ways to create a favorable regulatory environment for the digital asset industry. Trump’s Ideal Crypto Priorities For First 100 Days: Blockchain Association Generally, Trump’s electoral manifesto included strong support for the crypto space by creating a National Bitcoin Reserve, promoting Bitcoin mining, etc. However, the Blockchain Association, which consists of 100 member organizations, has outlined five steps for the incoming administration to provide immediate support for the nascent industry.  The…

Crypto Roadmap Presented To Trump And Congress By Blockchain Association For Initial 100 Days

As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era.  The Blockchain Association, a nonprofit organization focused on promoting innovation and fostering a supportive policy environment for digital assets, has taken the initiative to communicate its priorities directly to the incoming administration and Congress. Steps For Supporting Crypto Assets In Trump’s First 100 Days In a letter penned by Kristin Smith, CEO of the Blockchain Association, the organization expressed its hope for a friendlier regulatory landscape under Trump’s…

Sui Partners with Franklin Templeton to Enhance Blockchain Ecosystem

Rebeca Moen Nov 22, 2024 15:47 Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms. Sui has announced a strategic partnership with Franklin Templeton Digital Assets, aiming to support Sui ecosystem builders and advance novel technologies through the Sui blockchain protocol. This collaboration marks a significant step in Sui’s efforts to expand its presence in the blockchain industry, according to Sui Foundation. Franklin Templeton’s Blockchain…

Reimagining EVM Storage: Addressing Key Blockchain Challenges

Timothy Morano Nov 21, 2024 21:12 Explore innovative solutions to optimize the Ethereum Virtual Machine (EVM) storage layer, tackling state bloat and high gas costs through advanced data structures and blockchain strategies. The Ethereum Virtual Machine (EVM) is a cornerstone of blockchain technology, responsible for managing persistent data, including smart contracts and accounts. However, as blockchain networks expand, the storage layer of the EVM faces significant challenges, including high gas costs and state bloat, according to Sei. The EVM Storage Layer and…

FDUSD Stablecoin Launches on Sui Blockchain

Rebeca Moen Nov 20, 2024 14:36 First Digital introduces its stablecoin, FDUSD, as a native token on the Sui blockchain, expanding DeFi options and showcasing institutional confidence in Sui’s growing ecosystem. First Digital has expanded its stablecoin offerings by launching the FDUSD stablecoin as a native token on the Sui blockchain. This development provides decentralized finance (DeFi) users with an additional option, further enhancing the ecosystem’s diversity, according to Sui Foundation. FDUSD Joins Sui’s Stablecoin Roster FDUSD joins a growing list of…

Exploring Real Estate Tokenization: An Innovative Blockchain Approach

Terrill Dicki Nov 18, 2024 09:42 Real estate tokenization is revolutionizing the property market by leveraging blockchain technology to enhance liquidity and transparency, making investments accessible to a broader range of investors. The global real estate market, valued at $9.8 trillion in 2023, is anticipated to reach $14.5 trillion by 2030, growing at a compound annual growth rate (CAGR) of 6% from 2024 to 2030. Despite its significant size, the industry faces challenges such as illiquidity and the need for substantial capital,…

Blockchain’s Role in Revolutionizing Audiobook Ownership

Alvin Lang Nov 15, 2024 09:13 Blockchain technology could redefine audiobook ownership, offering users real ownership through tokenization. Explore how GalaChain aims to transform the industry with decentralized solutions. The potential of blockchain technology to transform various industries is well-documented, and now it is poised to revolutionize the audiobook sector. According to Gala News, the integration of blockchain could solve persistent issues of digital ownership in the audiobook industry. The Digital Ownership Dilemma Historically, book ownership allowed individuals to freely use, lend,…