Blockchain News

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 […]

The Undersecretary for e-Government at the Department of Information and Communications Technology (DICT) of the Philippines, David L Almirol Jr, says the recent integration of blockchain technology in to the country’s digital government ecosystem will significantly improve trust and security. The government introduced the blockchain integration four months ago, as reported by CoinGeek. It is […]

The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step action plan, which includes legal reforms, ecosystem development, and international collaboration. Boosting Vietnam’s Blockchain […]

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday. APE began to rally as Apechain […]