Category: Blockchain

Kakao’s Blockchain Pledges Stablecoin and Its Payments App Pumps 30%

layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises. Launching a won-based stablecoin is one of the crypto goals laid out during Lee’s campaign that set him apart from other crypto-friendly candidates. The issuance of stablecoins faces legal hurdles, as South Korea’s constitution grants exclusive authority over currency issuance to the central bank, the Bank of Korea. Kaia eyes won-based stablecoins in a domestic market with an improving…

Blockchain Group to Raise $340M for Bitcoin Treasury

Paris-based cryptocurrency company The Blockchain Group plans to raise over $340 million for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury company, plans to raise 300 million euros ($342 million) to fund more BTC purchases, according to a Monday news release. The $340 million round’s structure is inspired by the US practice of “At the Market” (ATM) offerings. Shares will be sold at market conditions initiated by the company’s counterparty, subject to a pre-agreed volume.…

Bitcoin Blockchain Heats Up This Week: On-Chain Activity Sees Sharp Uptick

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a sudden bearish market wave, Bitcoin seems to have lost its upward momentum as the flagship asset dropped sharply to key support levels, which could influence its price and market dynamics. Although bearish pressure has grown strong, it has not hindered Bitcoin’s network activity growth. On-Chain Activity For Bitcoin Goes Wild Bitcoin’s price is exhibiting bearish performance, but its network activity has shown notable growth in the past few days. A recent report from Santiment, a…

Solana (SOL) Introduces Alpenglow for Faster Blockchain Consensus

Tony Kim Jun 06, 2025 16:44 Solana’s Alpenglow aims to revolutionize blockchain consensus with 100x faster finality, replacing Proof of History with Votor and Rotor systems. Solana has unveiled its latest consensus upgrade, Alpenglow, which promises to enhance blockchain finality by a factor of 100. Developed by Anza’s research team, led by ETH Zurich’s Professor Roger Wattenhofer, Alpenglow replaces Solana’s existing Proof of History and Tower BFT systems with new components named Votor and Rotor. According to Sei, this transition aims to…

Sei Development Foundation: Harnessing American Innovation for Global Blockchain Progress

Peter Zhang Jun 05, 2025 14:11 Explore how the Sei Development Foundation leverages American innovation to drive blockchain advancements. Discover its strategic role in shaping global technology standards. The Sei Development Foundation (SDF) is strategically leveraging American innovation to drive global progress in blockchain technology. As the foundation positions itself at the crossroads of world-class research, capital markets, and policy leadership, it aims to foster breakthroughs that resonate worldwide, according to Sei. America’s Role in Global Innovation Historically, America has been a…

Blockchain Could Revolutionize What We Eat, Study Reveals

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A growing number of experts warn that food fraud is quietly draining up to $50 billion from the global food industry each year. It can also put consumers at risk of serious illness. According to industry insiders, blockchain technology could help stop counterfeit and adulterated products. Yet rolling out such systems across complex supply chains will demand big investments and careful planning. Food Fraud Hits Hard Food fraud means tricking buyers about what’s in their food. It…

OKX Ventures Makes Strategic Investment in Momentum DEX on Sui Blockchain

Caroline Bishop Jun 05, 2025 08:35 OKX Ventures invests in Momentum, a decentralized exchange on the Sui blockchain, aiming to enhance DeFi through innovative liquidity solutions and high-performance trading. OKX Ventures, the investment arm of the globally recognized crypto exchange OKX, has announced a strategic investment in Momentum, a leading decentralized exchange (DEX) operating on the Sui blockchain. This move is part of OKX Ventures’ broader strategy to support promising blockchain infrastructure projects, according to OKX Ventures. Momentum’s Innovative Approach Momentum has…

Tether’s Strategic Investment in Shiga Digital to Boost Africa’s Blockchain Finance

Zach Anderson Jun 05, 2025 08:20 Tether announces investment in Shiga Digital to enhance blockchain-based financial solutions in Africa, aiming to address cross-border payment challenges and improve financial access. Tether, a leading entity in the digital asset industry, has announced a strategic investment in Shiga Digital, a platform designed to provide pan-African access to blockchain-based financial solutions. This collaboration aims to address significant financial barriers faced by African businesses, particularly in cross-border payments and global liquidity access, according to Tether. Addressing Financial…

Blockchain can end the food fraud crisis, but it’s a costly battle

Food fraud siphons up to $50 billion from the global food industry every year and endangers public health. When deployed rigorously and realistically, blockchain could prevent this shadowy crime. The problem? It comes with a high price tag. Scalability, cost, interoperability and integration pose significant barriers. Not to mention the privacy concerns, regulatory uncertainty and long path to stakeholder adoption. But food fraud isn’t going anywhere. As David Carvalho, CEO of Naoris Protocol, observed:  “Most people would be surprised to hear that food fraud is an issue, but it’s a…

Blockchain Group Buys 624 Bitcoin For $68.6M, Aiming To Join Top Institutional Holders

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain Group has just taken another big step in building its Bitcoin stash. The Paris-listed firm picked up 624 BTC on Tuesday in a deal worth $68.6 million. Based on reports, that move pushes its total holdings to 1,437 BTC—now valued around $150 million. It’s clear the company wants to be known as a heavyweight when it comes to holding Bitcoin on its balance sheet. Accelerated Bitcoin Purchases Since late 2024, Blockchain Group has been buying Bitcoin…