blockchain technology

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Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project 

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Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project’s goal is to make blockchain technology more accessible by integrating it into mainstream applications. Soneium: Sony’s Bold Step Into … Read more

Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market

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Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created just this past Wednesday. Tron’s Meme Coin Generator Sets New Benchmarks To many observers, the … Read more

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low 

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While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest … Read more

Polymarket Open Interest Rebounds as August Set to Challenge July’s Record

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Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be … Read more

$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark

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As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $14.85 million uptick in just 38 … Read more