Category: Blockchain

Conflux (CFX) Unveils ‘Code Without Borders’ Hackathon for Blockchain Innovators

Iris Coleman Aug 08, 2025 15:28 Conflux (CFX) announces the ‘Code Without Borders – SummerHackfest 2025’, inviting global developers to explore blockchain innovation with a $10,000 prize pool. Conflux (CFX), a prominent player in the blockchain space, has announced the ‘Code Without Borders – SummerHackfest 2025’. This global event, set to run over four weeks, promises to be a significant opportunity for developers, innovators, and creators to delve into the unique capabilities of the Conflux blockchain. According to the Conflux Forum, participants…

Blockchain AI Cannibalizes Decentralized AI

Opinion by: Samuele Marro, PhD student in machine learning at the University of Oxford The Web3 AI space has fallen into a trap. Somewhere along the way, “decentralized AI” became synonymous with “blockchain AI.” This false equivalency actively harms innovation.  Excellent decentralized AI projects contort themselves into blockchain frameworks, not because it makes technical sense, but because that’s the only way to access Web3 funding, expertise and communities. The blockchain-first mentality isn’t just limiting what decentralized AI could become; it’s cannibalizing it. Web3 is not blockchain Web3 ideals emerged from…

Solana (SOL) Surges 4.28% as Visa Expands Stablecoin Settlement to Blockchain

Felix Pinkston Aug 08, 2025 04:18 SOL price jumps to $174.33 after Visa announces Solana integration for stablecoin settlements, while technical indicators show neutral momentum with key levels in focus. Quick Take • SOL currently trading at $174.33 (+4.28% in 24h) • Solana’s RSI at 52.29 suggests neutral momentum with room for movement • Visa’s stablecoin settlement expansion to Solana drives recent price surge What’s Driving Solana Price Today? The SOL price rally stems primarily from Visa’s announcement yesterday expanding its stablecoin…

Animoca Launches NUVA RWA Marketplace with Provenance Blockchain

Web3 company Animoca Brands has launched a new marketplace for investors to access tokenized real-world assets (RWAs), fixing what its CEO calls a “fragmented” tokenization marketplace at a time of growing institutional interest in the technology. The new platform, called NUVA, was developed in partnership with ProvLabs, the organization behind the Provenance Blockchain, according to a joint announcement on Thursday. The NUVA marketplace will leverage Provenance Blockchain’s existing ecosystem of RWAs, which currently holds assets valued at approximately $15.7 billion. At launch, NUVA will offer exposure to two tokenized products…

40% Of Blockchain Fees Go To Just Moving USDT

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT. USDT Transfers Make Up For A Notable Portion Of Network Fees In a post on X, Paolo Ardoino has shared the latest data related to USDT’s transfer fees share on the major blockchains. Transfer fee here naturally refers to the amount that senders have to attach with their network transactions as a…

Cardano-based Vector Institutional Blockchain to launch with Instant Finality

Blockchain services firm Apex Fusion is set to launch Vector, a high-performance, Cardano-aligned blockchain designed for institutional users entering the Web3 space. Vector is a peer-reviewed, UTxO-based blockchain testnet with institutional-grade throughput and a claim of instant transaction finality. It will officially launch at the Rare Evo conference on Saturday, Apex Fusion said in a statement shared with Cointelegraph. This makes it the first Cardano-aligned blockchain to achieve independently verified instant finality, which is the assurance that a transaction is irreversible, according to the announcement. Vector’s transaction throughput is 10…

Coinbase team meets Indian minister to discuss blockchain

Paul Grewal, chief legal officer at major crypto exchange Coinbase, met this week with Priyank Kharge, the IT minister of India’s Karnataka state, as the US-based crypto exchange seeks to expand its role in India’s growing digital infrastructure. Grewal publicly thanked Kharge in a Wednesday X post, saying he “is excited to explore how Coinbase can further support Karnataka’s tech leadership.” He said that support could include developer tools, cybersecurity collaboration and capacity-building programs “The future is onchain — and it’s being built here,” Grewal said. In a separate Wednesday…

Hyperliquid Captures 35% Of Blockchain Revenue In July Surge

Massive adoption of decentralized derivatives exchange Hyperliquid led to a huge increase in Hyperliquid network revenue in July, largely at the expense of Solana, according to VanEck.  In July, Hyperliquid earned 35% of all blockchain revenue, with growth coming specifically at the expense of Solana, as well as Ethereum and BNB Chain, VanEck researchers wrote in a monthly crypto recap report.  “Hyperliquid was able to capture much of Solana’s momentum, and likely Solana’s market capitalization, because it offers a simple, highly functional product,”  VanEck head of digital assets research, Matthew…

Blockchain Lender Figure Technology submits confidential IPO filing

Figure Technology Solutions, a fintech company focused on transforming financial services through blockchain technology, has filed confidentially for an initial public offering (IPO) with the US Securities and Exchange Commission, joining a growing list of crypto-related companies preparing to enter traditional financial markets. Figure Technology submitted a confidential IPO filing with the SEC related to its equity securities offering expected in 2025, the company announced on Monday. The number of shares and the price range have yet to be determined, subject to market conditions and the completion of the SEC’s…

Major Banks Invest $100M+ in Blockchain Tech, Uplift Bitcoin Hyper

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new report by Ripple, CB Insights, and the UK Centre of Blockchain Technologies reveals that the blockchain is no longer just for the crypto bros – global banking giants are among its most active investors. Titled ‘Banking on Digital Assets: How Traditional Finance is Investing in Blockchain’, the report found that between 2020 and 2024, over $100B was invested in blockchain firms across over 10K deals. Of those, 345 investments included major banks, with 33 of…