Category: Blockchain

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…

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…