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Blockchain TechnologyCult Launches Blockchain Powered by $XION to Make Crypto Disappear

XION, the first walletless blockchain purpose-built for mainstream adoption, and often referred to as a cult, is setting the stage for a crypto revolution with the official mainnet launch of its cutting-edge blockchain. Propelled by a strategic $25 million fundraise in April, XION blazed through its development milestones, emerging as a game-changer poised to accelerate the adoption of blockchain-based applications. Purposefully designed for real-world integration, XION is the ultimate Layer-1 (L1) solution, enabling frictionless products to be built through its...

by PRNewswire

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Blockchain TechnologyInstacoins Announces New Partnerships with Luxury Goods Companies for Digital Payment Acceptance

Instacoins is very pleased to announce new partnerships with leading private jet service “ELBJETS”, luxury yacht charter company “Luxury Catamarans“, and premium timepiece specialist “Watchrr”. High-end real estate brokers and auction houses are also onboard to securely accept direct crypto spending and capture new customer opportunities. As the value of cryptocurrency hits a new high, a fast emerging demographic of wealthy individuals is significantly impacting purchasing patterns in the luxury market. Riding on a new wave of disposable income,...

by PRNewswire

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Blockchain TechnologyAEON Introduces Authorization Payments, Transforming Everyday Transactions with TON

AEON, a pioneering payment protocol, proudly announces its latest innovation: a revolutionary authorization payment feature built on the TON blockchain. By contributing to the TON ecosystem’s infrastructure, AEON enhances the usability of blockchain technology in everyday scenarios. The first real-world application of this innovation is in ShareX’s Telegram mini-app, where AEON simplifies the rental process for power banks, showcasing the potential of blockchain to transform daily transactions. AEON Revolutionizing Payments on TON AEON’s authorization payment,...

by PRNewswire

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Blockchain TechnologyKryptoGO Leads the Way with Top-Tier Wallet Security Standards

KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards. The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API...

by business wire

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Blockchain TechnologyAdvanced Communications and Electronic Systems (ACES) and Radisys Sign MOU to Accelerate 5G ORAN Innovation and Development

Advanced Communications and Electronic Systems Company (ACES), a premier Saudi-based technology innovator, and Radisys® Corporation, a global leader of open telecom solutions, have entered into a Memorandum of Understanding (MOU) to collaborate on groundbreaking 5G ORAN (Open Radio Access Network) and Small Cell technology development. This strategic partnership marks a significant milestone in both companies’ commitment to enhancing global 5G telecommunications capabilities, with a focus on advancing open and interoperable solutions. “ACES is pleased to join forces...

by PRNewswire

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Blockchain TechnologyCrypto Exchange OrangeX Provides Advanced Efficiency to 3.5 Million Users with Sharding Upgrade

OrangeX, a trusted cryptocurrency exchange since 2021, proudly announces the integration of advanced database sharding technology, a tangible upgrade that boosts single-point transaction performance by over 50% and raises overall throughput to over 10,000 per trading pair—enabling the platform to meet the demands of a rapidly growing user base. Sharding, a groundbreaking approach to data partitioning, addresses the scalability challenges faced by many crypto services by dividing data into smaller, manageable segments. This upgrade, which took place on September...

by PRNewswire

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Blockchain TechnologyQuantinuum together with Mitsui advance unforgeable quantum tokens over fibre network in first ever trial

In a long anticipated trial, Quantinuum (“Quantinuum”, Head Office: Broomfield, Colorado, U.S.A., CEO: Rajeeb Hazra), together with Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Kenichi Hori) and NEC (“NEC”, Head Office: Tokyo, President and CEO: Takayuki Morita) today announced the successful delivery of quantum tokens across a 10km fibre-optic network in Japan. This is the first time such a delivery has been accomplished. Quantum tokens are a new financial instrument that take advantage of the properties of quantum physics to meet...

by PRNewswire

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Blockchain TechnologyQuantoz Payments Issues Euro and US Dollar Stablecoins; Receives Backing from Major Crypto-Asset Firms

Quantoz Payments B.V. (Quantoz), the Netherlands headquartered payments technology company, is pleased to announce that it will start issuing two stablecoins EURQ and USDQ, designed to be MiCAR Compliant, on Monday 18th November. EURQ and USDQ are respectively euro and US dollar-referenced E-Money Tokens (EMTs), issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution (EMI) authorised and supervised by De Nederlandsche Bank (DNB), the Dutch Central Bank. The new EMTs will facilitate euro and US dollar transfers...

by PRNewswire

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Blockchain TechnologyCango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets

Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that it has completed the previously announced acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second (“EH”) for a total purchase price of US$256 million in cash (the “Cash-Settled Transaction”) from Bitmain Technologies Georgia Limited and Bitmain Development Limited (together, “Bitmain”), a leading manufacturer of digital currency mining servers. The Company announced the Cash-Settled Transaction on November 6, 2024, together...

by business wire

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Blockchain TechnologyKontrol Technologies Wins Multiple City Customers for Building Decarbonization; Accelerates Bitcoin on the Balance Sheet Strategy

Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol Technologies” or “Kontrol” or “Company”) operates a sustainable buildings platform for customers including REITS, municipalities, property managers and industrial and commercial buildings. “Our sustainability expertise and solutions continue to gain new customers and a growing presence in the markets of sustainability and decarbonization of buildings” Kontrol is pleased to announce the addition of multiple new City customers (the customers) following the completion of multiple successful RFPs (request for...

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