Category: Blockchain

Sui Prover Enhances Smart Contract Verification on Sui Blockchain

Zach Anderson May 31, 2025 14:34 Sui Prover introduces formal verification for smart contracts on the Sui blockchain, ensuring enhanced security and reliability. Developed by Asymptotic, it’s now available to developers seeking robust contract validation. The introduction of the Sui Prover marks a significant advancement in the formal verification of smart contracts on the Sui blockchain. Developed by Asymptotic, the Sui Prover offers developers the ability to mathematically confirm that their smart contracts function precisely as intended, thus setting a new benchmark…

Sei Development Foundation’s Vision for Blockchain Innovation

Felix Pinkston May 30, 2025 03:25 The Sei Development Foundation unveils a strategic plan to drive blockchain innovation through infrastructure and global collaboration, aiming to democratize technological advancements and economic opportunities. The Sei Development Foundation (SDF), according to a recent blog post by Sei, has laid out an ambitious vision for advancing blockchain technology through strategic infrastructure development and global collaboration. Founded on the principle that cutting-edge infrastructure can catalyze significant innovation, SDF aims to empower world-class founders and foster groundbreaking technological…

Blockchain adoption grows from necessity in Africa

While blockchain headlines in the West often focus on speculation and regulation, in Africa, it’s a different story, one rooted in necessity, innovation and grassroots adoption.  The latest episode of The Clear Crypto Podcast explores this ground-up revolution with Kevin Imani, head of StarkWare’s Africa Venture Studio, who shares how communities across the continent are using blockchain to tackle real-world problems in finance, energy and connectivity. A student movement “Young students were using blockchain before it was mainstream,” Imani explained. From Kenya to Nigeria, local needs, not hype, drove early…

VeChain’s Enhanced VeBetter Grants Program Boosts Sustainable Blockchain Development

Timothy Morano May 29, 2025 02:42 VeChain unveils an upgraded VeBetter Grants Program to support sustainable blockchain projects, offering new funding tracks and community involvement. VeChain has announced the launch of its enhanced VeBetter Grants Program, a strategic initiative aimed at accelerating sustainable blockchain innovations. The program invites global developers to join forces in creating impactful blockchain solutions, according to VeChain Official on Medium. Program Objectives and Community Engagement The revamped VeBetter Grants Program is designed to nurture the growth of the…

Blockchain.com Expands in Africa, Opens Nigeria Office

Blockchain.com is stepping up its presence in Africa, targeting markets where governments are beginning to implement formal crypto regulations. The United Kingdom-based exchange plans to open a physical office in Nigeria during the second quarter of 2025 — its “fastest-growing market” in West Africa — amid broader expansion efforts in Ghana, Kenya and South Africa, according to a May 27 report by Bloomberg. “Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Owenize Odia, Blockchain.com’s general manager for Africa, reportedly said. The move comes as global sentiment…

France’s Blockchain Group to buy 590 Bitcoin after bond sale

The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale. The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to 1,437 BTC, the Blockchain Group said on May 26. Bitcoin is trading at over $109,00, and at current prices, the Blockchain Group could buy 658 BTC with the total amount it raised, according to CoinGecko. However, the company said only 95% of the proceeds from the issuance will be used…

Blockchain Firm Explains Why Ethereum Price Can’t Hold Above $2,700

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price is undoubtedly in a better place in recent weeks than it was in the year’s first quarter. However, the “king of altcoins” appears to be stuck in a loop — one involving repeated pushbacks at a specific price level. After riding the week’s bullish momentum, the Ethereum price faced significant downward pressure above $2,700 and has since crashed to around where it started the week. Below is the underlying factor for ETH’s struggles above…

Blockchain security firm releases Cetus hack post-mortem report

Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code “overflow” check. According to the report, the hackers exploited a flaw in the most significant bits (MSB) check, allowing them to manipulate the values for the liquidity parameters by orders of magnitude and establish relatively large positions with a keystroke. The Dedaub security researchers wrote: “This allowed them…

The future of Web3 is not blockchain

Opinion by: Grigore Roșu, founder and chief executive officer of Pi Squared For some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around Bitcoin, Ethereum, and their descendants. Given blockchain’s well-documented scaling limits, however, there is an argument to be made that Web3 doesn’t actually need blockchains to thrive. Instead, it requires payment systems and verifiable settlement systems that are super fast. Blockchains are just one way to…

VeChain Appoints Blockchain Expert Anthony Day as Marketing Director

Rongchai Wang May 23, 2025 10:52 VeChain has announced Anthony Day as its new Marketing Director, bringing extensive blockchain experience from roles at IBM and Deloitte to drive the company’s growth. VeChain, a prominent player in the blockchain industry, has announced the appointment of Anthony Day as its new Marketing Director. This strategic move comes as VeChain seeks to expand its reach and influence in the rapidly evolving Web3 ecosystem, according to VeChain Official. Anthony Day’s Extensive Experience Anthony Day brings a…