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Blockchain – Page 40 – DIGIT INFO

Thorchain Introduces TCY Token to Address $200 Million Debt Crisis 

Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. … Read more

Fewer Transfers, Greater Debate: Bitcoin’s Low Transfer Volume Puts Network Incentives in Question

This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain’s mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows. Though many proponents cheer this shift as a sign of operational efficiency, dissenters argue it signals troubling stagnation for the protocol’s … Read more

ICE Blockchain Leads CoinGecko Trends, But Faces Market Volatility

The dynamic world of cryptocurrencies always captures the close attention of investors. This week, ICE Blockchain ($ICE) occupies the number one position as the most trending cryptocurrency on CoinGecko. It has pulled ahead of some other interesting projects to secure that spot, including XYO ($XYO), which comes in at number two, and MANTRA ($OM), which … Read more

Bitcoin’s Mempool Empties to Record Lows—Is Onchain Activity Drying Up?

According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 2022. Bitcoin Blockchain Activity Dips—Mempool at Lowest Level Since 2022 Transfer activity on the Bitcoin blockchain has diminished markedly since Nov. … Read more

Vintage 2012 and 2013 Bitcoin Wallets Move Millions After Years of Inactivity

As January draws to a close, a bitcoin wallet that had remained untouched since its creation on May 17, 2012, suddenly sprang to life, moving 204.46 BTC—now valued at $21.4 million—for the first time in nearly 13 years. Shortly after this transaction, two additional dormant addresses from 2013 followed suit, each spending 200 BTC, marking … Read more

Securitize Partners With Apollo to Offer Blockchain-Based Credit Fund Access 

Apollo Global Management and Securitize have launched a tokenized feeder fund enabling blockchain-based access to Apollo’s $2.4 billion Diversified Credit Fund across six blockchain networks. Apollo, Securitize Launch Tokenized Credit Fund Across Six Blockchains The Apollo Diversified Credit Securitize Fund (ACRED) will provide exposure to Apollo’s global credit strategy, which includes corporate direct lending and … Read more

Securitize Adopts Wormhole to Boost Liquidity for Institutional Tokenized Assets

Securitize, an asset tokenization platform, has launched a blockchain interoperability solution with Wormhole to enable cross-network transfers for institutional tokenized funds. Tokenization Platform Securitize Deploys Wormhole for Multichain Fund Management The integration allows funds tokenized on Securitize’s platform to move seamlessly across Arbitrum, Avalanche, Ethereum, Optimism’s OP Mainnet, and Polygon. Securitize states that Wormhole, which … Read more

Sony’s Blockchain Soneium Reaches Transaction Milestone

Soneium, a blockchain network established by companies of the Sony Group, has recently reached a milestone regarding its transaction count. The project registered almost 500K daily transactions only 2 weeks from its mainnet launch, signaling a high activity growth. Furthermore, this number was achieved with only 207K active addresses on the network, highlighting a high … Read more

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