#blockchain

Samsung Electronics announced integrating blockchain into its smart home devices to improve security.

On October 18, 2024, Singapore’s DBS Bank introduced DBS Token Services, a cutting-edge blockchain solution designed to enhance traditional banking services and improve the experience for its institutional clients.

“State of Crypto 2024” report by the venture capital a16z Crypto reveals all-time highs in crypto activity, improvements to blockchain networks, and progress in regulatory discussions.

Paxos, a fintech company focused on building blockchain and digital asset infrastructure, has launched a new platform designed for stablecoin transactions.

Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.

The economy of Uniswap, a leading decentralized exchange, is about to change. Michael Nadeau, the founder of the blockchain research services The DeFi Report, wrote on X that the platform and UNI token holders will begin to benefit from network activities.

On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.

The native USDC stablecoin is now live on the Sui Network. This means developers and users can make transactions with it without any bridging.

Ben Adams, co-founder of Illyriad Games, proposed an initiative to speed up the Ethereum blockchain. His proposal, submitted as Ethereum Improvement Proposal (EIP) #8931, recommends reducing Ethereum's slot time* from 12 seconds to 8 seconds.

On October 17, Vitalik Buterin published a blog post detailing Ethereum’s 2023 roadmap, titled The Surge, along with his vision for the future of the blockchain. He explains how Ethereum aims to achieve greater scalability while preserving decentralization through a mix of technological advancements.

The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.

Uniswap, the decentralized exchange, has revealed its proprietary L2 blockchain, Unichain, developed using the OP Stack from Optimism. According to the development team, this initiative is part of a strategy to enhance Ethereum’s scalability, leading to a major increase in payment efficiency.

FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.

A new project brings tokenized whiskey barrels to the Bitcoin blockchain.

A recent sale of a $56M CryptoPunk became a hot topic for discussions not only for the high price but for the nature of the transaction. There can be more behind the transaction for CryptoPunk #1563, the blockchain community was quick to spot.

Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.