Blockchain News

Launched in March this year, Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong. The Project Ensemble Sandbox enables companies to research and test tokenization use cases including the settlement of tokenized monies and tokenized real-world assets, amongst others. Ant International and […]

Cryptocurrency payments solution provider Alchemy Pay has introduced the launch plan for its Layer-1 blockchain. Alchemy Chain, announced Monday (Oct. 28), is built on a scalable Solana Virtual Machine (SVM) architecture and designed to support the growing needs of Alchemy Pay’s business operations and integrate crypto and fiat payments. “Alchemy Chain is positioned to become […]

Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi’s research. Proposer-Builder Separation and Blockchain Dynamics In the evolving landscape of blockchain technology, the concept of Proposer-Builder Separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced […]

Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana sol2.52%Solana shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions. But Berckmans points out on X that Solana initially marketed itself as capable of handling global transactions on a single chain. […]

Blockchain is emerging as a promising technology that could positively contribute to the enhancement of sustainability in urban areas. Earth.Org takes a closer look at several ways blockchain can play an enabling role in the development of smart cities and how it can help build a more sustainable urban future. Rapidly growing and expanding cities […]

Plan ₿ Forum Unveils Nakamoto Tribute Statue The event, held by the Plan ₿ Initiative in collaboration with the city of Lugano and Tether, attracted blockchain industry figures and government officials. The bronze statue, designed by Valentina Picozzi, aims to encapsulate both the enigma and legacy of Satoshi Nakamoto. As the observer’s viewpoint shifts, the statue appears to fade, […]

There aren’t any ATMs on Mars. In fact, the red planet currently has no infrastructure in place to support financial transactions. This poses a significant challenge for future colonists who want to order pizza using Bitcoin BTC$67,046 or trade apes with fellow non-fungible token (NFT) enthusiasts on Earth. The solution to this problem may have arrived in […]

Gaming technology startup Improbable has announced plans to develop its own layer-1 blockchain, Somnia, which the firm claims will process over 400,000 transactions per second. Somnia, which plans to launch in devnet in the coming weeks, has “cracked the scalability problem that has long hindered blockchain technology,” Improbable founder and CEO Herman Narula claimed in a statement. […]

R3, a blockchain company backed by investors including Bank of America Corp. and Intel Corp., is exploring strategic options including selling itself, people familiar with the matter said. The New York-based company has held initial discussions with representatives from Ava Labs, the Solana Foundation and Adhara, said the people, who asked not to be named […]

Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant’s upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing. The proposal, filed by a shareholder advisory board, calls for a detailed evaluation of the flagship crypto’s potential role […]