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Blockchain News
Cryptonews
5d
307
‘Web3 Done Right’: EverQuest Veteran Smedley’s Reaper Actual Unveils 4× Warzone-Size Blockchain FPS Epic!
- John Smedley's new studio, Distinct Possibility, is set to launch Reaper Actual, an open-world PC shooter with crypto-backed base upgrades and huge maps.
- Reaper Actual offers limited NFT bases with unique characters but allows players to access assets via Epic Games or Steam without engaging with blockchain.
- Backed by US$30.5 million from Bitkraft and Brevan Howard, the game aims for a gradual rollout, combining classic shooter tactics with optional Web3 perks.
- The game's integration of crypto is optional, with players having the choice to claim in-game bases as NFTs or acquire assets through traditional storefronts, like the Epic Games Store.
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TronWeekly
5d
357
Image Credit: TronWeekly
First Bank to Offer Ripple’s RLUSD Stablecoin: Swiss AMINA Launches Custody and Trading
- AMINA Bank AG becomes the first global regulated banking institution to offer support for Ripple's RLUSD stablecoin, backed by U.S. Treasuries and regulated by NYDFS.
- RLUSD rollout coincides with growing institutional interest in compliant digital assets.
- The stablecoin's circulating supply exceeds $440 million, and AMINA Bank introduces custodial and trading services initially targeting institutional and professional investors.
- AMINA's move to offer RLUSD services aligns with the trend towards regulated stablecoin adoption, signaling broader institutional interest in Ripple's compliant alternative in the stablecoin market.
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Pymnts
5d
102
Image Credit: Pymnts
OpenAI Says It Does Not Endorse Robinhood’s Stock Tokens
- OpenAI posted on social media distancing themselves from Robinhood's stock tokens, stating they do not endorse them or partner with Robinhood.
- Robinhood's CEO mentioned that the stock tokens offer retail investors exposure to private assets, but OpenAI's statement impacted Robinhood's stock price causing a 6% drop.
- Robinhood clarified that the tokens are enabled by their ownership stake in a special purpose vehicle, giving customers exposure to private markets.
- Robinhood introduced U.S. stock and ETF tokens in the European Union, offering customers access to over 200 U.S. stock and ETF tokens.
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TechBullion
5d
287
Image Credit: TechBullion
Which Altcoins Are Flashing Green Right Now? 5 Best Altcoins to Buy This Week
- Altcoins are showing green signals driven by infrastructure advancements and real utility.
- Standout altcoins this week include Qubetics, Injective, Toncoin, ASIA, and Celestia.
- Qubetics stands out for real-world tokenization, staking rewards, and cross-chain capabilities.
- These altcoins offer unique features like decentralized finance, AI convergence, and modular blockchain design.
- Qubetics, Injective, ASIA, Toncoin, and Celestia offer tangible value beyond speculative buzz.
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17 Likes
TronWeekly
5d
189
Image Credit: TronWeekly
Solana Boosts Decentralization With Three Validator Clients and 74% Voting Turnout
- Solana network continues to perform exceptionally well, handling 200 million transactions daily with no major outages.
- Validator rewards on Solana amount to $800 million quarterly, with an annual return of 7.5%.
- Solana has surpassed 3,200 monthly active developers and introduced a new validator client, enhancing security and decentralization.
- Validators on Solana saw a significant increase in engagement, with 74% staked SOL participating in a recent proposal vote, showcasing strong decentralization.
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11 Likes
Medium
5d
102
Image Credit: Medium
Octra: A Fresh Take on Privacy-First Blockchains
- Octra is a standalone Layer 1 blockchain using Fully Homomorphic Encryption (FHE) to enable complex encrypted computations without decrypting data.
- Key features include processing over 1 million transactions in testnet, achieving 15K TPS peak performance, and implementing encrypted transactions.
- Octra introduces Circles, isolated spaces on the network for app creation, data storage, and smart contracts with built-in privacy features.
- The project allows for bank-grade privacy payments, confidential rollups on EVM and SVM chains, encrypted onchain AI training, and more.
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6 Likes
Coindoo
6d
328
Image Credit: Coindoo
Wall Street Trade Group Pushes Back Against Quiet SEC Approvals for Tokenized Stocks
- The Securities Industry and Financial Markets Association (SIFMA) is urging the SEC to reject secretive exemptions that would enable digital asset companies to launch tokenized equities without public input.
- SIFMA asserts that decisions regarding tokenized equities should undergo a transparent process to address regulatory concerns and ensure market integrity.
- Concerns have been raised over reports of crypto firms seeking SEC no-action relief to tokenize stocks, bypassing broader industry consultation.
- As the SEC explores tokenization and crypto ETFs, there are discussions on creating a new approval system and listing standard, with tensions rising between traditional finance and digital asset strategies.
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19 Likes
Bitcoinsensus
6d
407
Image Credit: Bitcoinsensus
FoxyWallet Scam: 40+ Firefox Extensions Exposed
- Over 40 malicious Firefox extensions were exposed in a coordinated effort to steal data from popular crypto wallets like MetaMask and Coinbase.
- Koi Security identified a centralized campaign using shared codebase targeting user data, with some indicators pointing to Russian-speaking sources.
- Attackers manipulated trust mechanisms in the Firefox Add-ons ecosystem by mimicking legitimate wallets and inflating reviews.
- Koi Security provided recommendations to detect fraudulent extensions, issued an IOC list, and highlighted the importance of continuous monitoring and security principles.
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24 Likes
Blockonomi
6d
407
Image Credit: Blockonomi
XRP Price Forms Bullish Pattern, Could Rally 15% to $2.65
- XRP price eyes a key resistance level at $2.32 in a bullish IH&S pattern, aiming for $2.65.
- Price maintains above $2 with increasing volume, reinforcing short-term bullish momentum.
- Traders anticipate a 15% rally as XRP gains 7% in a week; focus on regulatory clarity at July 9 Senate hearing.
- Chart analysis shows a breakout past the 0.786 Fib level, indicating confidence in continued upward trend.
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24 Likes
Medium
6d
246
Image Credit: Medium
XAI65: Elon Musk’s New AI-Powered Crypto Taking the Market by Storm
- XAI65 is an AI-integrated cryptocurrency focused on revolutionizing decentralized applications and finance with real-time data processing and high-speed smart contracts.
- Backed by Elon Musk, XAI65 aims to dominate the AI-crypto convergence space with tangible value propositions and a presale offering up to 200% deposit bonuses.
- Musk's involvement in XAI65 goes beyond promotion, with contributions to AI algorithm design and decentralized autonomous functions, making it a credible new project in the market.
- With a structured presale offering incentives for early adopters and a strong technological foundation, XAI65 is poised to be a significant player in the cryptocurrency market.
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14 Likes
Blockonomi
6d
168
Image Credit: Blockonomi
DeFi Development Corp. Buys $2.72M in Solana, Grows Holdings to Over 640K SOL
- DeFi Development Corp. purchased 17,760 SOL at $153.10, totaling $2.72 million in value.
- The company now holds over 640,000 SOL, valued at approximately $98.1 million and follows a staking strategy with own and third-party validators to generate native SOL rewards.
- Shares reflect 0.042 SOL per unit, with per-share value estimated at $6.65.
- Despite recent market volatility, the purchase reinforces institutional confidence in Solana's long-term potential, positioning DeFi Development Corp. as a significant player in the Solana ecosystem.
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10 Likes
Pymnts
6d
333
Image Credit: Pymnts
Amundi Chief Investment Officer Says Stablecoins Threaten Global Payment System
- Amundi Asset Management Group's Chief Investment Officer Vincent Mortier believes the surge in dollar-backed stablecoins could destabilize the global payment system.
- Mortier expressed concerns that stablecoins could shift money flows, weaken the U.S. dollar, and function as 'quasi-banks' with potential repercussions for the global payment infrastructure.
- As U.S. lawmakers advance the GENIUS Act to regulate stablecoins, concerns about illicit finance risks associated with stablecoins have been raised by entities like the Financial Action Task Force and the Bank for International Settlements.
- Stablecoins face challenges related to regulatory oversight, financial stability, and user experience, according to industry experts and reports.
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20 Likes
Medium
6d
119
Image Credit: Medium
Network Native Capital
- Network Native Capital in web3 focuses on sustainable models and long-term product value.
- AGV pioneers a new category with network-native capital, aligning with community and builders.
- It operates with transparency, accountability, and intent to advance the Arbitrum ecosystem.
- AGV's model diverges from traditional VC firms, aiming for outcome-aligned, operationally agile structure.
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7 Likes
Siliconangle
6d
31
Image Credit: Siliconangle
Telegram blockchain developer startup TOP raises $28.5M at $1B valuation
- The Open Platform (TOP), a developer for Telegram Messenger Inc.'s blockchain ecosystem, has raised $28.5 million in an early-stage funding round, reaching a $1 billion valuation.
- The funding round was led by Rabbit Capital with participation from Pantera Capital, focusing on applications for The Open Network closely related to Telegram, which has over 1 billion monthly active users.
- TOP builds core infrastructure and consumer-facing apps on Telegram's official blockchain, TON, aiming to boost global crypto adoption despite past legal issues with the U.S. SEC related to TON.
- The company's long-term strategy includes expanding its crypto wallet globally, incubating TON-related projects, and developing blockchain games and artificial intelligence applications.
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1 Like
Medium
6d
350
Image Credit: Medium
Libraries In Solidity : Internal vs External
- Solidity libraries are collections of reusable functions that serve as smart contract modules for multiple contracts.
- There are two types of libraries in Solidity: internal and external, differing in integration into bytecode and runtime invocation.
- Internal libraries are embedded directly into the bytecode of the contract using them, while external libraries are standalone contracts deployed on the blockchain with their own address.
- Understanding the differences and nuances between internal and external libraries in Solidity is crucial for making informed architectural decisions when developing smart contracts.
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21 Likes
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