๐ Sony L2 Network Soneium Joins Chainlink's Scale Program
#Sony #Soneium #Chainlink #ScaleProgram #Blockchains #CrossChainInteroperability #Web3 #CCIP #MinatoTestnet #Gaming #LINK
According to Odaily, Sony's L2 network Soneium has joined Chainlink's Scale program. This move allows its Minato testnet to access Chainlink's data feeds and integrates the Cross-Chain Interoperability Protocol (CCIP) service into its cross-chain infrastructure. The CCIP will enable seamless interoperability between Soneium and other blockchains, enhancing the integration of Web3 and traditional systems. Over the past year, this technology has been widely adopted by major traditional institutions, including South Korean gaming giant Wemade.#Sony #Soneium #Chainlink #ScaleProgram #Blockchains #CrossChainInteroperability #Web3 #CCIP #MinatoTestnet #Gaming #LINK
๐ Web3 Industry's Mainstream Adoption Hinges On Specialized Blockchains
#Web3 #Blockchains #MainstreamAdoption #SpecializedBlockchains #Layer1 #TokenMarketing #Innovation #ApplicationSpecificChains #Regulation #IndustryGrowth
According to Odaily, Ava Labs Chief Business Officer John Nahas has stated that the Web3 industry has not yet fully entered the mainstream. Nahas believes that the sector is currently dominated by general-purpose Layer 1 blockchains, which primarily focus on token marketing and lack sufficient innovation. This, he argues, has hindered the industry from reaching its full potential. Nahas suggests that specialized blockchains or application-specific chains offer a solution, asserting that the widespread adoption of Web3 depends on the deployment and success of these specialized blockchains. He emphasizes that the success of both general-purpose and specialized blockchains largely depends on the teams behind them. Regarding regulation, Nahas acknowledges that some view it as having a negative impact on Web3. However, he points out that clear regulations provide certainty for markets, developers, and companies operating in the field, which is not entirely detrimental to the industry.#Web3 #Blockchains #MainstreamAdoption #SpecializedBlockchains #Layer1 #TokenMarketing #Innovation #ApplicationSpecificChains #Regulation #IndustryGrowth
๐ BlackRock Expands Digital Liquidity Fund Across Multiple Blockchains
#BlackRock #DigitalLiquidityFund #Blockchains #Aptos #Arbitrum #Avalanche #Optimism #Polygon #Ethereum #DigitalAssets #InstitutionalInvestors #Innovation #LiquidityOptions #ETH #APT #ARB
According to PANews, BlackRock has announced the expansion of its U.S. Dollar Institutional Digital Liquidity Fund (BUIDL) to include new share classes on several blockchains. These blockchains include Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet, and Polygon. This move marks a significant step in BlackRock's strategy to broaden its digital asset offerings and enhance liquidity options for institutional investors.
The fund was initially launched on the Ethereum network in March 2024 and was tokenized by Securitize. This expansion aims to leverage the unique capabilities of each blockchain to provide a more diversified and robust digital liquidity solution. By incorporating multiple blockchain platforms, BlackRock seeks to offer its clients increased flexibility and access to a wider range of digital assets.
This development reflects the growing trend among major financial institutions to integrate blockchain technology into their operations. As the digital asset market continues to evolve, BlackRock's initiative underscores the importance of innovation and adaptability in meeting the changing needs of investors. The inclusion of these additional blockchains is expected to enhance the fund's performance and appeal to a broader audience of institutional clients.#BlackRock #DigitalLiquidityFund #Blockchains #Aptos #Arbitrum #Avalanche #Optimism #Polygon #Ethereum #DigitalAssets #InstitutionalInvestors #Innovation #LiquidityOptions #ETH #APT #ARB
๐ Bitwise CEO Predicts Long-Term Growth for Ethereum and Other Layer 1 Blockchains
#Bitwise #CEO #HunterHorsley #Ethereum #ETH #Layer1 #Blockchains #LongTermGrowth #BlockchainEcosystem #TechnologyAdvancement
According to Odaily, Bitwise CEO Hunter Horsley recently shared his insights on social media platform X, expressing optimism about the future of Ethereum (ETH) and other Layer 1 blockchains. Horsley emphasized that a bearish outlook on Ethereum is unlikely to persist in the long term. He clarified that supporting Ethereum does not preclude being bullish on other Layer 1 blockchains, suggesting that both can thrive simultaneously.
Horsley highlighted the potential for significant growth within the Layer 1 blockchain category, indicating that the success of one platform does not necessitate the decline of another. This perspective underscores a broader view of the blockchain ecosystem, where multiple platforms can coexist and expand, contributing to the overall advancement of the technology. His comments reflect a balanced approach to the competitive landscape of blockchain platforms, advocating for a scenario where diverse technologies can achieve success without undermining each other.#Bitwise #CEO #HunterHorsley #Ethereum #ETH #Layer1 #Blockchains #LongTermGrowth #BlockchainEcosystem #TechnologyAdvancement
๐ Bio Protocol Warns Against Fraudulent Tokens on Non-Ethereum Blockchains
#BioProtocol #BIOtoken #Ethereum #fraudulenttokens #blockchains
According to BlockBeats, on January 3, Bio Protocol officially announced that its BIO token is exclusively issued on the Ethereum mainnet. The organization cautioned that any tokens claiming to be BIO on other blockchains are fraudulent.#BioProtocol #BIOtoken #Ethereum #fraudulenttokens #blockchains
๐ Fidelity Seeks SEC Approval for OnChain Stock Class in Digital Fund
#Fidelity #SEC #OnChain #DigitalFund #Tokenized #Ethereum #Blockchains #TreasurySecurities
According to PANews, Fidelity has filed a registration with the U.S. Securities and Exchange Commission (SEC) for an "OnChain" stock class within its tokenized dollar money market fund, Fidelity Treasury Digital Fund (FYHXX). Launched at the end of last year, this fund holds cash and U.S. Treasury securities. The filing reveals that the "OnChain" class currently utilizes the Ethereum network, with potential plans to expand to other blockchains in the future. The registration is pending regulatory approval and is expected to take effect on May 30, 2025.#Fidelity #SEC #OnChain #DigitalFund #Tokenized #Ethereum #Blockchains #TreasurySecurities
๐ Tether to Cease USDT Support on Multiple Blockchains by September 2025
#Tether #USDT #blockchains #Omni #BitcoinCash #SLP #Kusama #EOS #Algorand #infrastructure #communityusage #crypto #KSM #BCH
According to BlockBeats, Tether has announced plans to discontinue USDT support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand starting September 1, 2025. This decision is part of a broader strategy to optimize infrastructure, align with community usage trends, and refocus resources on more actively developed and high-utility blockchains.#Tether #USDT #blockchains #Omni #BitcoinCash #SLP #Kusama #EOS #Algorand #infrastructure #communityusage #crypto #KSM #BCH
๐ Solana Leads in Active Addresses Among Top Blockchains
#Solana #ActiveAddresses #Blockchains #BNBChain #Base #Tron #Sei #Nansen #BlockBeats #SOL #SEI
According to BlockBeats, recent data from Nansen reveals that Solana has the highest number of active addresses among major blockchains over the past week, with 20.713 million. Following Solana, BNB Chain recorded 10.26 million active addresses, while Base had 7.192 million. Tron and Sei also made the top five, with 6.317 million and 5.069 million active addresses, respectively.#Solana #ActiveAddresses #Blockchains #BNBChain #Base #Tron #Sei #Nansen #BlockBeats #SOL #SEI
๐ Binance CEO Richard Teng Shares Key Investment Principles for Crypto Newcomers
#DYOR #DoYourOwnResearch #CryptoInvesting #CryptoNewcomers #StartSmall #ReputablePlatforms #TrustworthyPlatforms #LearnBlockchain #BlockchainBasics #Protocols #Blockchains #RiskManagement #Discipline #AvoidHype #InvestingPrinciples #Binance #BinanceSquare
Key TakeawaysDYOR (Do Your Own Research) is Tengโs top rule for all investors.Learn the fundamentals of blockchain and protocols before deploying capital.Start small, use trusted platforms, and reassess strategies regularly.Beginners should avoid chasing hype and remain disciplined in their approach.In a recent AMA on Binance Square, Binance CEO Richard Teng outlined his most important principles for crypto investing, aimed especially at newcomers entering the market.Teng emphasized that โDYORโDo Your Own Researchโremains essential,โ even for experienced traders and investors. He stressed that understanding the fundamentals of blockchain technology, different chains, and protocols should be a priority before allocating capital.For those starting their journey, Teng advised to โstart small, use a reputable platform, and explore carefully.โ He also encouraged investors to regularly reassess their strategies, adapting to changing market conditions rather than relying on static approaches.Reflecting on common mistakes, Teng highlighted that beginners should avoid chasing hype or narratives without research, warning that such approaches often lead to losses. Instead, building a solid foundation in knowledge and risk management is the best way to grow and protect investments over time.#DYOR #DoYourOwnResearch #CryptoInvesting #CryptoNewcomers #StartSmall #ReputablePlatforms #TrustworthyPlatforms #LearnBlockchain #BlockchainBasics #Protocols #Blockchains #RiskManagement #Discipline #AvoidHype #InvestingPrinciples #Binance #BinanceSquare
๐ U.S. Plans to Integrate GDP Data Across Multiple Blockchains
#GDP #US #blockchain #blockchains #economicdata #datamanagement #datasecurity #transparency #dataaccess
According to BlockBeats, the United States is planning to integrate its Gross Domestic Product (GDP) data onto blockchain technology. The initiative aims to cover nine different blockchains, enhancing transparency and accessibility of economic data. This move reflects a growing trend of utilizing blockchain for secure and efficient data management.#GDP #US #blockchain #blockchains #economicdata #datamanagement #datasecurity #transparency #dataaccess
๐ Akash Network Founder Considers Blockchain Migration Amid Community Concerns
#AkashNetwork #GregOsuri #Solana #Cosmos #ForesightNews #blockchain #opensource #community #migration #blockchains #SOL #ATOM
According to Foresight News, Akash Network founder Greg Osuri announced on social media that he is contemplating a move to Solana, although no final decision has been made. Osuri mentioned that the team is also considering 15 other blockchains, whose foundations have reached out in recent days. The decision-making process will be transparent, allowing the community to have a say at every step.
Osuri further highlighted the strengths of the Cosmos network, particularly its community and strong open-source ethos. While acknowledging Solana's strengths, he expressed concerns about its open-source and community values.#AkashNetwork #GregOsuri #Solana #Cosmos #ForesightNews #blockchain #opensource #community #migration #blockchains #SOL #ATOM