$60 million worth of Tether has already been issued on The Open Network (TON) since it began supporting the blockchain on April 19, making it the 11th-largest blockchain for Tether out of 16. On April 19, the stablecoin issuer announced a collaboration with the TON Foundation at the Token2049 crypto conference in Dubai that would see Tether […]
Blockchain News
Alethea AI launches emotive and expressive AI avatars on Coinbase blockchain
Alethea AI launched its emotive and expressive AIs on Coinbase’s BASE blockchain to bring AI agents to creators, consumers and businesses. This user-friendly application brings the power of high-fidelity AIagents directly to creators, users, and businesses, making it easier than ever to harness the creative and economic benefits of generative and agentic AI, said Arif […]
Tether Expands to TON Blockchain With $60M USDT Launch
Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT) stablecoin on TON, with cross-border payments touted as free, […]
Shiba Inu raises $12 million in token round for its new blockchain
Shiba Inu, the team behind the popular namesake memecoin, has raised $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. These investors include Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital and Comma 3 Ventures, Shiba Inu said Monday. However, […]
Shiba Inu L2 Blockchain Shibarium Suffers Temporary Network Outage
Shibarium, the official layer-2 blockchain of the Shiba Inu ecosystem, suffered a temporary network outage that impacted its performance over the weekend. Kaal Dhairya, a prominent developer within the Shiba Inu ecosystem, provided an update about the development today. Shibarium Validators Experience Networking Issues According to Dhairya, the outage stemmed from networking issues among Shibarium […]
The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees
Bitcoin completed the fourth halving in its 15-year history, a milestone venerated and anticipated in the blockchain community just like the World Cup and Olympics are in sports. The once-every-four-years event, which cuts in half the amount miners get rewarded for creating new bitcoin, took place at 00:09 UTC on Saturday when the 840,000th block was added […]
Tether brings USDT and gold stablecoins to the TON blockchain
Stablecoin issuer Tether is launching its U.S. dollar-backed USDT and gold-backed XAUT stablecoins on The Open Network blockchain. USDT on TON will go live on April 20, and XAUT on TON will follow in the coming months, Tether CEO Paolo Ardoino told The Block. While USDT is available on over a dozen blockchains, TON is the […]
How Polkadot 2.0 refines blockchain scalability and interoperability
With its dynamic core model and the introduction of elastic scaling, Polkadot 2.0 aims to solve major blockchain challenges like scalability and interoperability. Predictions suggest that blockchain will reach 100 million daily users by 2028 as finance giants rapidly adapt to decentralized technologies. Blockchain is expected to penetrate 4.3% of the payment industry by 2025, as per a Cointelegraph […]
Sam Altman’s Worldcoin to Launch L2 Blockchain Prioritizing Human Transactions
Worldcoin, the project co-founded by Open AI CEO Sam Altman, which uses iris-scanning technology to verify a user’s “humanness,” is planning to launch an Ethereum layer-2 blockchain prioritizing verified humans over bots. Worldcoin currently has more than 10 million users, with 50% of them having verified their human identities using the project’s Orb. An Anti-Bot […]
Blockchain data-availability protocol Avail announces 600M token airdrop
Avail, a Web3 infrastructure layer built using Polygon’s software development kit, will be airdropping 600 million of its native AVAIL tokens to users. “The Unification Drop is a unifying force bringing different communities together, rewarding developers, governance contributors, technical educators, rollup users, stakers, and other valuable contributors from across multiple blockchain communities,” Avail said in an April […]