Tag: Blockchain

Stellar Blockchain Sees $3B of Real World Assets (RWA) Being Tokenized in 2025

Stellar, a superfast and low fee-public blockchain, says it plans to hold $3 billion in real-world asset (RWA) value and power $110 billion in RWA volume by the end of 2025. The goal set by the Stellar Development Foundation (SDF), the nonprofit that supports the development and growth of the Stellar network, is building on existing partnerships with the likes of Franklin Templeton and Wisdom Tree. In addition, Stellar is welcoming a new round of tokenization specialists such as Paxos, Ondo, Etherfuse and SG Forge, the blockchain innovation division of…

Auradine Raises $153M in Series C to Boost Blockchain and AI Infrastructure 

Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C funding round to accelerate its growth and innovation. Auradine Hits $300M Total Funding With Latest $153M Investment The oversubscribed round was led by Stepstone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst […] Source CryptoX Portal

UFC boss Dana White becomes VeChain adviser to push blockchain mainstream

VeChain, a layer-1 blockchain platform focused on real-world applications, has added Ultimate Fighting Championship (UFC) CEO Dana White as its newest official adviser to raise more mainstream awareness of blockchain technology. White, also the founder of Power Slap, will join VeChain’s advisory board next to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world blockchain adoption through “complementary expertise in mass marketing and scientific innovation.” “VeChain is an incredible partner for the UFC and Power Slap, and I’m honored to join their advisory board,” White said in a statement shared with…

JPMorgan Adds GBP Support to Blockchain Payments Service Kinexys

JPMorgan (JPM) has added support for British pound-denominated accounts to its blockchain-based payments network Kinexys, as the bank targets a gap left by the stablecoin market’s overwhelming focus on the U.S. dollar. Launched in 2019 under the name JPM Coin, Kinexys allows corporate clients to move funds between JPMorgan accounts and settle foreign exchange trades at any hour. The addition of the pound comes less than a year after the service expanded to handle euro transactions. Naveen Mallela, global co-head of the Onyx platform running the network,said 80% of Kinexys…

Mantra investors cashed out before OM token crashed 90% — Blockchain data

Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project. Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on April 13, onchain data suggests. At least two wallets linked to Laser Digital were among 17 wallets that moved a combined 43.6 million OM tokens — worth about $227 million at the time — to…

Sei Giga’s Autobahn: Revolutionizing Blockchain with Multi-Proposer Consensus

Ted Hisokawa Apr 12, 2025 01:05 Sei Giga introduces the Autobahn consensus mechanism, boosting blockchain throughput by 50x through a multi-proposer model, enhancing scalability and maintaining Byzantine Fault Tolerance. Sei Giga is making strides in blockchain technology with its innovative Autobahn consensus mechanism, which utilizes a multi-proposer architecture to enhance network throughput significantly. This approach marks a departure from the traditional single-proposer systems like Tendermint, which, despite offering deterministic guarantees and eliminating forks, face throughput limitations. Challenges with Traditional Models The Tendermint…

VeChain and 4ocean Collaborate to Tackle Ocean Plastic Crisis with Blockchain

Luisa Crawford Apr 11, 2025 09:34 VeChain partners with 4ocean to leverage blockchain technology in combating ocean plastic pollution, aiming to remove 300,000 pounds of debris in 2025. VeChain, a leader in blockchain-powered enterprise solutions, has announced a strategic partnership with 4ocean, a global ocean cleanup company, to address the escalating issue of plastic pollution in the oceans. This collaboration aims to leverage blockchain technology to enhance transparency and incentivize cleanup efforts, according to VeChain Official. Initiatives to Combat Plastic Pollution The…

Sui Blockchain Prepares for Quantum Computing Challenges

Rongchai Wang Apr 11, 2025 14:15 Sui blockchain is enhancing its cryptographic systems to tackle the looming threat of quantum computing, ensuring long-term data security and integrity. The impending advancement of quantum computing presents a significant challenge to existing cryptographic systems, including those utilized by blockchains. As these powerful machines become capable of breaking traditional encryption methods, blockchain projects like Sui are taking proactive steps to secure their platforms. According to Mysten Labs, Sui is designed with cryptographic agility, enabling it to…

FDIC Clears Crypto Runway With New Blockchain Policy Shift

The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his address at the American Bankers Association’s Washington Summit on April 8 to lay out the […] Source CryptoX Portal

Tariffs, capital controls could fragment blockchain networks — Execs

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Escalating geopolitical tensions threaten to balkanize blockchain networks and restrict users’ access, crypto executives told Cointelegraph.  On April 9, US President Donald Trump announced a pause in the rollout of tariffs imposed on certain countries — but the prospect of a global trade war still looms, especially because Trump still wants to charge a 125% levy on Chinese imports.  Industry executives said they fear a litany of potential consequences if tensions worsen, including disruptions to blockchain networks’ physical infrastructure, regulatory fragmentation, and censorship.  “Aggressive tariffs and retaliatory trade policies could…