Tag: Blockchain

Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets

Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow. Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core tokens have been dual-staked with 3,140 Bitcoin (BTC). At the time of writing, the assets are worth about $260 million.  Core’s dual-staking model lets Bitcoin holders earn higher yields with CORE tokens. While users can stake BTC at a lower rate, those who stake BTC with Core tokens get…

New York bill proposes blockchain study for election record security

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Blockchain may soon earn itself a role in New York State’s voting processes and procedures. New York Assemblymember Clyde Vanel introduced Bill A07716 on April 8, directing the state Board of Elections to evaluate how blockchain could help protect voter records and election results. The legislation is currently under consideration by the Assembly Election Law Committee. According to the bill’s summary, the goal is to “study and evaluate the use of blockchain technology to protect voter records and election results.“ The bill mandates that the Board of Elections produce a…

Ripple Deploys RLUSD in Kenya as Blockchain Aid Faces Real-World Drought Test

Ripple’s blockchain-powered RLUSD will instantly disburse aid to Kenyan pastoralists facing drought, using satellite data and smart contracts to automate, trace, and optimize relief. Ripple’s RLUSD Brings Instant Relief to Kenya With Blockchain-Driven Auto Payouts Ripple unveiled a new blockchain-based drought relief initiative on April 4, targeting arid communities in Kenya’s Laikipia County. Collaborating with […] Source CryptoX Portal

CZ Advises Governments on Crypto Regulations and Blockchain Efficiency

Binance’s Changpeng Zhao (CZ), who advises governments on crypto frameworks, is embedding blockchain into Kyrgyzstan’s economy through a sweeping fintech infrastructure pact. CZ Pushes Blockchain Into the Heart of Kyrgyzstan’s Economic Core President Sadyr Zhaparov of the Kyrgyz Republic revealed a pivotal agreement Wednesday through social media platform X, signaling a significant step toward the […] Source CryptoX Portal

Codex to build stablecoin-only blockchain, disavowing ‘general-purpose’ chains — Report

Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets.  The seed round was led by Dragonfly Capital, with additional participation from Coinbase, Circle, Cumberland Labs, Wintermute Ventures and others, Codex told Fortune. The funding will be used to help Codex build its stablecoin-only platform from the ground up, said co-founder and CEO Haonan Li. Source: Victor Yaw Codex has disavowed “general-purpose blockchains” because of their…

AI and blockchain — A match made in heaven

Opinion by: Merav Ozair, PhD Tech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will claim our jobs and act as our autonomous assistants performing on our behalf in our professional and personal lives. Whether these scenarios happen in a few years or are decades away, we will most likely evolve into that future in some manner, and technology, once again, will reshape our lives. Without the support of blockchain technology, however, it…

Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech

Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency. “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.” His comments came in response to an earlier X post from Kyrgyzstan President Sadyr Zhaparov announcing…

Coindesk CONSENSUS 2025 (Part 2) – AI and Blockchain

Khushi V Rangdhol Apr 02, 2025 18:05 AI and blockchain converge, enabling decentralized data ownership and real-time integration for better predictions. At Consensus Hong Kong 2025, one of the most captivating discussions revolved around the growing convergence of artificial intelligence (AI) and blockchain technology. Key industry figures, including Clara Tsao (Founding Officer, Filecoin Foundation), Jing Sun (Co-founder, IoTeX & MachineFi Lab), and Mark Rydon (Co-founder, Aethir), delved into how decentralized technologies could democratize AI and address the trust issues surrounding centralized data…

How a 7,000 TPS Blockchain Is Shaping the Future of Regulated Finance

A new report by Cointelegraph Research explores Coreum’s role in institutional blockchain adoption. It analyzes the project’s technical architecture, compliance framework and its potential impact on regulated asset tokenization. The report presents insights into transaction efficiency, security mechanisms and crosschain interoperability. It also evaluates how Coreum fits into the evolving financial landscape. Blockchain evolution and institutional requirements The adoption of blockchain technology by financial institutions has been increasing in lockstep, with the value locked in tokenized real-world assets (RWA). The latter grew by 85% in 2024.  Our report examines how…

Blockchain projects fight for 23andMe user data amid bankruptcy

DNA testing firm 23andMe is bankrupt, and now the genomic data of its 15 million users is up for sale to the highest bidder. Could that data end up on the blockchain? The company announced on March 23 that it had filed for Chapter 11 bankruptcy protection and that its CEO, Anne Wojcicki, had stepped down. The announcement sent waves of concern among 23andMe’s customers, many of whom are now scrambling to delete their data from the service. Privacy advocates and government officials alike have weighed in on the situation,…