Dubai is once again establishing itself as a global innovation hub. The city has announced plans for the world’s first 17-story Crypto Tower, a massive project as a vehicle to support blockchain, Web3, and DeFi companies. Boasting an area of 150,000 square feet, this exclusive innovation space is bound to be the primary location for shaping the United Arab Emirate’s digital technology landscape. Space For Blockchain Innovation According to a report from Emirates 24/7, the Crypto Tower is going to be located in the prime Jumeirah Lakes Towers area. It…
Category: Blockchain
Telegram’s TON Blockchain Set For Major US Expansion Amid Trump’s Crypto Engagement
The Open Network (TON) Foundation, closely associated with Telegram, is setting its sights on an ambitious expansion in the United States. This strategic move comes amid expectations of a more favorable regulatory environment under the incoming administration led by Donald Trump. TON Foundation Appoints Manny Stotz As New President The foundation announced the appointment of Manuel “Manny” Stotz as its new president, a significant leadership transition intended to enhance its growth strategy in the world’s largest economy. Manny Stotz, an investor and founder of Kingsway Capital Partners Ltd., takes over…
Sony Launches Soneium, Its Own Blockchain Platform
Sony has formally introduced its blockchain platform, Soneium, marking a substantial advancement toward decentralized technology. Sony Block Solutions Labs has initiated a new project to facilitate user engagement with blockchain technology, connecting the existing Web2 environment with the developing Web3 ecosystem. A New Era For Creators On top of the current Ethereum network, Soneium is a publicly available Ethereum Layer 2 solution. This arrangement solves common issues faced by blockchain users by enabling faster transaction processing and lower expenses. During its four-month testing phase, Soneium has processed 47 million transactions…
Crypto Trends to Watch in 2025: Blockchain Adoption and De-Dollarization
Ted Hisokawa Jan 14, 2025 10:25 Explore key trends in crypto for 2025, including blockchain’s adoption potential, the role of crypto in de-dollarization, and emerging trends in DeFi, as highlighted by Pantera Capital. The crypto landscape in 2025 is poised for significant transformations, driven by blockchain technology’s potential for mainstream adoption and its unexpected role in the global financial ecosystem. According to Pantera Capital, a leading blockchain investment firm, the coming year could mark a pivotal moment for the industry. The Path…
Here’s How Bitcoin Price Could React To Potential US DOJ Sell-Off, Blockchain Firm Explains
Bitcoin and the general market seemed to have steadied their ship after garnering some momentum to build on in the first week of the year. Unfortunately, the sector appears to be back where it started, with the total market capitalization declining by nearly 3% in the last week. One of the events that might have precipitated such a bearish climate in the market was the approval of the United States Department of Justice (DOJ)’s plan to offload seized Bitcoin assets. Due to the significant size of the coins, there is…
Adopsi Blockchain Mencapai Titik Tertinggi dengan Pencapaian $10 Triliun pada 2024 – Detail Lengkapnya
Indikator utama seperti tingkat adopsi, volume transaksi, dan tingkat aktivitas menunjukkan rekor tertinggi pada 2024, memberikan dorongan signifikan bagi teknologi blockchain. Meskipun menghadapi tantangan regulasi yang berkelanjutan, blockchain tetap berkembang pesat, seperti yang terlihat dari peningkatan ini. Jaringan blockchain telah membuktikan kemampuannya untuk bertahan dan kini bergerak menuju penggunaan yang lebih luas, di tengah pengawasan ketat dari regulator industri. Transaksi On-Chain Mencapai Puncak Baru Pencapaian paling menonjol dari blockchain pada 2024 adalah volume transaksi. Pada Desember, nilai perdagangan on-chain mencapai $817 juta, jauh melampaui rekor sebelumnya sebesar $730 juta pada…
Blockchain Adoption Hits New Heights With $10 Trillion Milestone In 2024
Key indices such as adoption, transaction volumes, and activity levels reached new highs in 2024, giving blockchain technology a significant boost. Despite persistent regulatory hurdles, blockchain is booming, as shown by this increase. Blockchain networks have proven their ability to thrive and are moving toward broader use, even as regulators keep a close watch on the industry. On-Chain Transactions Hit New Heights However, the most notable breakthrough that the blockchain achieved in 2024 was the transaction volume. In December, on-chain trades were worth $817 million, which was a lot more…
Arkham Partners with Sui to Enhance Blockchain Data Integration
Terrill Dicki Jan 03, 2025 02:35 Arkham Intelligence announces a partnership with Sui to integrate blockchain data, enhancing features for millions of users. The collaboration aims to provide advanced analytics and real-time alerts. Arkham Intelligence has announced a strategic partnership with Sui, a leading Layer-1 blockchain network, to integrate Sui’s blockchain data into Arkham’s analytics platform. This collaboration is set to enhance the suite of features offered by Arkham, including entity and address pages, dashboards, and real-time alerts, according to arkhamintelligence.com. Sui’s…
BlackRock’s iShares ETF Makes History with Unique Blockchain-Backed Municipal Debt Deal
On Wednesday, BlackRock, the world’s largest asset manager, successfully acquired municipal debt through a transaction that exclusively utilizes blockchain technology. According to a Bloomberg report, this marks the first instance of municipal bonds being purchased, settled, and held entirely on a blockchain platform. BlackRock’s Historic Bond Deal Per the report, the bonds were issued earlier this year by the city of Quincy, Massachusetts, and were underwritten by JPMorgan Chase & Co. The transaction was facilitated through an application on JPMorgan’s private, permissioned blockchain platform, known as Digital Debt Service. Interestingly,…
Blockchain News: Everything You Need to Know About New Cryptocurrency The Deep State ($DST)
In a cryptocurrency market often dominated by established giants like Bitcoin and Ethereum, a new contender is stepping into the spotlight with a focus on privacy and innovation. The Deep State ($DST) is designed to provide unparalleled on-chain anonymity, ensuring secure and untraceable transactions in an increasingly surveilled digital world. Launching on December 20th, $DST is capturing attention for its cutting-edge privacy features and next-generation blockchain technology, offering users complete control over their financial activities without fear of tracking or interference. As discussions around digital privacy grow, The Deep State…