Category: News
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Terra Classic Proposal Targets Solana Interoperability for LUNC and USTC
The Terra Luna Classic community is considering a new governance proposal that could expand the network’s interoperability by funding the deployment of Hyperlane bridge infrastructure connecting Terra Classic to the Solana mainnet. Proposal #12222, currently open for community voting, requests funding for the deployment of Hyperlane Warp Routes, enabling cross-chain transfers of Terra Classic ecosystem…
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VeChain Community Eyes EU Digital Product Passport as Enterprise Opportunity
The European Union’s upcoming Digital Product Passport (DPP) framework is drawing renewed attention from blockchain advocates, with some suggesting the regulation could accelerate enterprise adoption of blockchain platforms such as VeChain. While the new rules are expected to create demand for digital product traceability, claims that they will automatically drive significant adoption of VeChain remain…
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IOTA Foundation Announces Organizational Restructuring and Staff Reductions
The IOTA Foundation is restructuring its operations and reducing its workforce as it seeks to lower operating costs, extend its financial runway, and concentrate resources on its commercial trade infrastructure initiative, according to co-founder Dominik Schiener. In a statement shared this week, Schiener confirmed that the foundation has made the difficult decision to reduce the…
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Polygon Staking: A Complete Guide to Earning Rewards with POL
Polygon has become one of the most recognized blockchain ecosystems in the crypto industry. Known for its fast transaction speeds, low fees, and growing ecosystem of decentralized applications, Polygon continues to attract users, developers, and investors. Staking offers holders of Polygon’s native token, POL, an opportunity to earn rewards while helping secure the network. Whether…
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Polkadot Introduces Major Staking Overhaul Through Referenda 1909 and 1910
The governance system of Polkadot is moving toward a significant redesign of its staking framework through two new OpenGov referenda, #1909 and #1910. These proposals are aimed at refining the network’s security model while also cutting the overall cost of maintaining that security. At the same time, they attempt to improve participation incentives for validators…
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Ripple Advances DeFi Plans With XRP Ledger Lending Protocol Security Review
Ripple’s efforts to expand decentralized finance capabilities on the XRP Ledger have received another security milestone after cybersecurity firm Halborn announced it had completed a re-audit of the network’s upcoming Lending Protocol. In a brief announcement shared on June 24, blockchain security specialist Halborn confirmed it had completed an XRP Ledger Lending Protocol re-audit for…
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South Korea’s KG Group Explores Blockchain Payments Through Solana Deal
South Korean payments giant KG Group is moving deeper into blockchain-based financial services after its financial technology arm signed a strategic partnership with the Solana Foundation to develop a Web3-powered digital asset payments infrastructure. According to reporting from The Elec, KG Financial, formerly known as KG Mobilians, signed a memorandum of understanding (MOU) with the…
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Cardano Opens Leios Public Testnet for Community Testing
Cardano has reached a significant milestone in its long-running scalability roadmap with the launch of the first public testnet for Leios, one of the network’s most ambitious protocol upgrades to date. The announcement came from Charles Hoskinson, who confirmed that the Leios testnet is now live. The launch follows years of research and development by…
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Zcash Mining Company Fortitude Plans Public Debut Through Nasdaq Deal
Fortitude Mining Holdings, a digital asset mining company focused primarily on Zcash, has announced plans to go public through a merger with Nasdaq-listed healthcare technology firm HeartSciences in a deal that would create one of the few publicly traded companies centered on cryptocurrency mining outside of Bitcoin. The companies revealed they have entered into a…
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Ethereum Foundation Cuts Budget by 40%
The Ethereum Foundation (EF) is preparing for one of the most significant financial transitions in its history, with leadership confirming that the organization will reduce its budget by approximately 40% as part of a broader strategy to become a more sustainable, endowment-based institution. The announcement, made by Ethereum co-founder Vitalik Buterin, provides new insight into…
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