In a groundbreaking move for the agricultural and food sectors, global superfood distributor Nigella has launched a decentralized, secure, and scalable network aimed at enhancing transparency, reliability, and traceability. As consumers increasingly demand to know the origins of their food, Nigella Chain stands at the forefront, offering innovative solutions that empower individuals to track products at every stage of […]
Blockchain News
‘Monolithic’ blockchains outperformed in September — VanEck
Monolithic blockchains — networks that combine different layers into a single, unified architecture — outperformed in September, according to VanEck’s latest “Crypto Monthly Recap.” The report cited Solana SOL$143.14, Sui SUI$1.70 and Aptos APT$8.92 price gains of 14%, 118% and 23%, respectively. Sui’s performance was attributed to a 140% gain in daily active addresses during September, resulting in the digital asset crossing […]
BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements
Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,” while sidestepping the use of third-party payment networks. Newly Proposed BRICS Unified Exchange May […]
SUI blockchain explained: Is it the future of decentralized networks?
What is the Sui network? The Sui network is a novel blockchain platform designed to tackle industry challenges such as scalability, speed and cost. Launched in May 2023 by Mysten Labs, a company founded by former Meta engineers involved in Facebook’s Diem project (formerly known as Libra), Sui was built to deliver a decentralized solution capable of […]
Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless of Who Wins Election
Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November’s presidential election. In a recent newsletter, Morehead points to Vice President Kamala Harris’ decision to mention the blockchain sector in a speech last week. At a campaign event in Pittsburgh on September 25th, Harris spoke […]
Ripple Receives Dubai Approval For Blockchain Payment Services
The Dubai Financial Services Authority (DFSA) has granted in-principle approval to Ripple to offer blockchain-enabled payment services from the Dubai International Financial Centre (DIFC). What Happened: This regulatory decision allows Ripple to introduce its cross-border payment services, including Ripple Payments Direct (RPD), to customers in the United Arab Emirates (UAE). Brad Garlinghouse, Ripple’s Chief Executive […]
Franklin Templeton’s onchain money fund goes live on Aptos blockchain
Aptos Foundation and global asset management giant Franklin Templeton have announced the integration of the Franklin OnChain US Government Money Fund (FOBXX) on the Aptos blockchain. Powered by the Move programming language, Aptos’ layer-1 blockchain will now support the Treasury-backed fund, integrating real-world assets in non-Ethereum Virtual Machine (EVM) blockchain environments. The money market fund […]
Christie’s to Offer Blockchain-Based Ownership Certificates for Photography Collection
Christie’s is again experimenting with blockchain-based technology by issuing digital certificates of ownership for a photograph collection by Trevor Traina, the founder of wallet provider Kresus and former U.S. ambassador to Austria. The auction house’s sale of “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina,” on Wednesday at the Rockefeller […]
Ripple Receives Dubai Approval For Blockchain Payment Services
The Dubai Financial Services Authority (DFSA) has granted in-principle approval to Ripple XRP/USD to offer blockchain-enabled payment services from the Dubai International Financial Centre (DIFC). What Happened: This regulatory decision allows Ripple to introduce its cross-border payment services, including Ripple Payments Direct (RPD), to customers in the United Arab Emirates (UAE). Brad Garlinghouse, Ripple’s Chief […]
Binance Founder CZ Reflects on Release — Plans to Focus on Blockchain, AI, Biotech
Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past. CZ Shares Vision Following Prison Release […]