Sonic Labs says its layer-1 blockchain Sonic will publicly launch “soon” after achieving Genesis — the first completed block of transactions on its chain. “Genesis achieved. Block zero. Infrastructure deploying. Public soon,” Sonic Labs said in a Dec. 2 X post. Sonic is a speed-focused Ethereum Virtual Machine-compatible blockchain that looks to offer innovators “attractive incentives and […]
Blockchain News
Tezos launches world’s first Uranium marketplace on blockchain
The global uranium trade could soon adopt blockchain technology, thanks to a new platform built on the Tezos blockchain. Uranium.io the world’s first blockchain-based decentralized application for uranium trading, aims to lower the barriers to entry for investors. The platform will launch in partnership with Curzon Uranium, a leading uranium trading company that traded over […]
VC Roundup: November wraps with 99 deals across blockchain startups
In November, crypto startups engaged in 99 deals across venture capital funding as well as mergers and acquisitions transactions, with the total value exceeding $350 million, according to figures from RootData. Highlights for the month include Zero Gravity Labs’ $290 million capital financing to build a decentralized artificial intelligence operating system (dAIOS), alongside Superscrypt’s plans for a $100 […]
Blockchain Gaming Is More Than a Fad, but It Needs To Be Used Wisely
The gaming industry is in a perpetual state of evolution, always searching for the next big innovation that will change gameplay for players and expand its reach. With the introduction of blockchain technology and Web3, a new chapter has opened that could fundamentally change how players interact with video games and how game developers earn […]
Blockchain firm WadzPay secures $36m investment commitment from GEM
Blockchain solutions provider WadzPay Worldwide has secured a capital commitment of SGD 50 million ($36.7 million) from Global Emerging Markets (GEM) Global Yield. The commitment is comprised of a shared subscription facility (SSF), which stipulates that WadzPay can call on GEM to purchase ordinary shares in the company up to the agreed value. However, the […]
Blockchain will be a game changer for independent artists, Web3 Media president says
Blockchain and Web3 technologies aim to give people the ability to exert more ownership over their content on the internet. For artists and creators, this could actually make it easier for them to profit from their work. On Yahoo Finance’s Financial Freestyle podcast, Chris Lyons, president of Web3 Media at a16z crypto, Andreessen Horowitz’s venture capital […]
Aeon Debuts Authorization Payments on the TON Blockchain
Payment protocol Aeon has introduced an authorization payment feature built on the TON blockchain. “By contributing to the TON ecosystem’s infrastructure, Aeon enhances the usability of blockchain technology in everyday scenarios,” the Singapore-based company said in a news release Friday (Nov. 29). “The first real-world application of this innovation is in ShareX’s Telegram mini-app, where […]
Philippine Entrepreneur Combines Blockchain Innovation with Environmental Conservation through Ora Coin Foundation
Cebu-based entrepreneur Brian Christopher Aguilar has emerged as a notable figure in the cryptocurrency sector, leveraging blockchain technology to support environmental sustainability. As the founder of Ora Coin Foundation, Brian has turned his humble beginnings into a remarkable empire now valued at PHP 1.3 billion and growing—all within just a few months. His groundbreaking initiative, […]
Blockchain will be a game changer for independent artists, Web3 Media president says
Blockchain and Web3 technologies aim to give people the ability to exert more ownership over their content on the internet. For artists and creators, this could actually make it easier for them to profit from their work. On Yahoo Finance’s Financial Freestyle podcast, Chris Lyons, president of Web3 Media at a16z crypto, Andreessen Horowitz’s venture […]
Sub-Second Finality—Sonic Labs Unveils Blaze Testnet 2.0
Sonic Labs’ Blaze Testnet Pushes Blockchain Boundaries The Sonic blockchain is an up and coming layer one (L1) Ethereum Virtual Machine-compatible network designed for high-speed transaction processing. Known for its rapid transaction finality, the blockchain achieved a finality speed of 720 milliseconds during earlier testing phases. Sonic Labs aims to revolutionize blockchain scalability and usability by offering sub-second finality […]