Latest Developments in the Blockchain Industry

Thursday, September 26, 2024 9:54 AM
807
Latest Developments in the Blockchain Industry cover

XProtocol, Built on Base Chain, Unveils XForge as ‘World’s First Node-Operated DePIN Smartphone’

XProtocol, an entertainment-focused blockchain built on the U.S. crypto exchange Coinbase’s Ethereum layer-2 network, Base, has unveiled what it says is ‘the world’s first node-operated DePIN smartphone.’ The Web3 startup’s new Android device, XForge, functions as a fully operational blockchain node. Users can participate in the DePIN network directly from their phone, earning rewards, airdrops, and cryptocurrency incentives. XForge represents the next evolution in mobile devices, combining blockchain power with smartphone convenience.

Oasys, Arbitrum Foundation, Uprising Launching First Gaming-Focused Arbitrum Orbit Chain Beyond Ethereum

Oasys, Arbitrum Foundation, and layer-2 Uprising have collaborated to launch the first gaming-focused Arbitrum Orbit blockchain beyond Ethereum. Uprising, a layer-2 gaming yield blockchain, and Oasys, a layer-1 gaming chain, are working together to enhance Web3 gaming through Arbitrum Orbit technology. This deployment marks a significant step for blockchain gaming outside Ethereum, showcasing a shared vision for the future of blockchain gaming.

Bitcoin Staking Protocol Babylon Forms Strategic Alliance With Asphere to Allow Developers to Deploy Customizable L2s

The Babylon Bitcoin staking protocol has formed a strategic alliance with Asphere to empower developers with a solution for launching innovative Bitcoin layer 2s. This collaboration aims to allow developers to deploy highly customizable L2s backed by the security of the Bitcoin network. By leveraging Bitcoin’s liquidity and market cap, developers can achieve fast finality when building new use cases within the blockchain ecosystem.

Buy Now at

Related News

DePIN Day 2023: A Global Gathering for Decentralized Physical Infrastructure cover
2 days ago
DePIN Day 2023: A Global Gathering for Decentralized Physical Infrastructure
On December 10, Abu Dhabi will host the 14th edition of DePIN Day, marking it as the global epicenter for decentralized physical infrastructure. This event coincides with Solana Breakpoint, an annual gathering that showcases one of the most vibrant ecosystems in Web3. The increasing prominence of DePIN Day signifies a pivotal moment in the industry, where founders, operators, and investors are eager to collaborate and innovate in real-world networks. As Solana solidifies its role as a hub for DePIN, Abu Dhabi emerges as the ideal venue for the convergence of physical infrastructure builders and the Solana community. Organized by Fluence and supported by Impossible Cloud Network, this edition of DePIN Day will highlight the transition of decentralized computing, storage, wireless connectivity, and sensor networks from theoretical concepts to tangible infrastructure. The program features notable speakers from the ecosystem, including Tom Trowbridge from Fluence and Raj Karan from io.net, who will share their insights on the intersection of hardware and cryptoeconomics. The event aims to foster high-quality discussions and share practical experiences from teams actively deploying these technologies, emphasizing the capital formation necessary for scaling real-world networks globally. DePIN Day has established itself as a premier conference series dedicated to Decentralized Physical Infrastructure Networks, uniting key players from various sectors, including wireless, energy, and storage. With over 13 editions held globally, it serves as a vital meeting point for builders, VCs, and protocol teams shaping the future of infrastructure. Supported by over 150 ecosystem partners and amplified by media outlets like CoinDesk and The Block, DePIN Day continues to be a cornerstone of the DePIN movement, driving innovation and collaboration in the industry.
Streamr's New Chapter: Launching Secure Video Conferencing in 2026 cover
12 days ago
Streamr's New Chapter: Launching Secure Video Conferencing in 2026
As Streamr embarks on a transformative journey, it reaffirms its commitment to the foundational principles of Web3, emphasizing user empowerment over corporate control. Streamr Network is poised to play a pivotal role in secure and private video streaming, with the launch of Streamr Beta scheduled for early 2026. This innovative platform will offer a highly secure video conferencing solution, making it challenging for malicious actors to compromise private meetings. The development process has already seen the successful rollout of MVP1 and MVP2, incorporating essential features like chat, payments, and recordings, while the next phase focuses on establishing a multi-broadcast architecture tailored for secure communications. The demand for privacy and security solutions has surged, driven by recent incidents involving major platforms like Google Meet and Zoom, which have raised concerns about data privacy and security. Users are increasingly seeking platforms that guarantee confidentiality and protect against data harvesting and AI-driven threats. Streamr Beta is designed to address these needs with a serverless, decentralized, and fully peer-to-peer architecture that offers quantum-resistant end-to-end encryption by default. This approach aims to set a new standard for secure video conferencing, ensuring that users can communicate without fear of surveillance or data breaches. To ensure the long-term utility of the $DATA token, Streamr is transitioning to a revenue-generating model, introducing a paid subscription tier alongside its free offerings. This strategy aims to strengthen the project's sustainability and enhance the overall health of the $DATA ecosystem. The company is also fostering community involvement through a new Community Subcommittee, which will guide decision-making and enhance transparency. As Streamr prepares for this exciting phase, it is focused on building demand, driving adoption, and solidifying its position as a leader in decentralized video communication, with a clear roadmap for the upcoming year.
WeatherXM's Initiative to Enhance Flood Resilience in the Peloponnese cover
20 days ago
WeatherXM's Initiative to Enhance Flood Resilience in the Peloponnese
Access to accurate, real-time climatic data is essential for effective infrastructure planning, risk management, and emergency response, particularly in regions like Southern Europe. The Peloponnese in Greece is increasingly vulnerable to flash floods due to its unique geography and the rising frequency of intense storms. These weather events can lead to significant damages, affecting transportation, tourism, and agriculture. As public authorities and communities grapple with these challenges, the need for precise, localized weather data becomes paramount to mitigate risks and enhance resilience. WeatherXM is addressing this need through its innovative approach to deploying hyperlocal weather stations. Between February and April 2026, the company plans to install 30 high-precision weather stations across the Peloponnese, strategically located in critical areas prone to flooding. This initiative aims to provide real-time monitoring and risk assessment services, enabling local authorities and emergency services to respond more effectively to flooding events. By utilizing targeted rollouts, WeatherXM ensures that the data collected is not only accurate but also relevant to the specific environmental conditions of the region, thereby enhancing the overall value of the network. The implementation of these weather stations will transform the Peloponnese's infrastructure for flood resilience. With improved forecasting models and automated alerts, the system will facilitate timely emergency responses and better resource allocation during crises. Furthermore, the revenue generated from these services will flow back into the WeatherXM ecosystem, benefiting both the network and its community supporters. This model represents a significant advancement in decentralized climate intelligence, where community-owned infrastructure meets real economic needs, ultimately fostering a more resilient and informed society in the face of climate challenges.
DePIN Day 2025: A Milestone for Decentralized Infrastructure cover
24 days ago
DePIN Day 2025: A Milestone for Decentralized Infrastructure
DePIN Day 2025, a pivotal event in the realm of Decentralized Physical Infrastructure Networks (DePIN), is set to take place on November 18, 2025, in Buenos Aires, Argentina. This marks the first Latin American edition of the event, coinciding with Devconnect Week. Organized by Fluence in collaboration with the Filecoin Foundation, DePIN Day aims to connect builders, thinkers, and investors across continents, fostering a community focused on the decentralized future of physical infrastructure. The event will feature discussions on the impact of crypto-incentivized systems across various sectors, including wireless networks, energy systems, and storage solutions, with notable participants from Protocol Labs, ar.io, and others presenting groundbreaking developments. The lineup of speakers includes prominent figures such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and Dylan Bane from Messari, among others. These industry leaders are committed to advancing a new era of infrastructure ownership characterized by user engagement, transparency, and verifiability. Clara Tsao from the Filecoin Foundation expressed her enthusiasm, stating that DePIN Day showcases individuals who are actively innovating in the DePIN space. Mark Rydon from Aethir and Lyllah Ledesma from DAWN also praised the event, highlighting its significance in the annual conference calendar. DePIN Day has established itself as a crucial platform for discussing the evolution of decentralized infrastructure, having hosted over 13 editions in cities worldwide, including Denver, Berlin, and Singapore. Supported by more than 150 ecosystem partners, such as Helium and Polygon, the event serves as a vital meeting point for thousands of builders, venture capitalists, and protocol teams shaping the future of infrastructure. Fluence, the organizing entity, is a decentralized cloudless computing platform that offers robust and cost-effective services, empowering developers in AI, Web3, and beyond, governed by the Fluence DAO and its native token, FLT.
DePIN Day 2025: Navigating Geopolitical Turbulence in Latin America cover
25 days ago
DePIN Day 2025: Navigating Geopolitical Turbulence in Latin America
DePIN Day 2025, organized by Fluence and co-hosted with the Filecoin Foundation, is set to debut in Buenos Aires on November 18. This event aims to unite stakeholders to explore innovations in crypto-incentivized infrastructure, particularly in the context of Decentralized Physical Infrastructure Networks (DePIN). The gathering will feature prominent speakers such as Tom Trowbridge from Fluence and Juan Benet from Protocol Labs, who will discuss the transformative impact of blockchain-driven incentives across various sectors, including wireless connectivity, energy, and data storage. The event is part of Devconnect Week and is supported by organizations like Protocol Labs and ar.io, emphasizing the importance of user-controlled infrastructure in today's digital landscape. The timing of DePIN Day's arrival in Latin America coincides with heightened geopolitical tensions in the region. The recent deployment of the USS Gerald R. Ford carrier strike group by the U.S. military has raised concerns regarding regional security. While the Pentagon describes the mission as an anti-narcotics initiative targeting drug trafficking, it has faced significant backlash due to reports of civilian casualties. Colombian President Gustavo Petro has condemned these actions, labeling them as "extrajudicial executions," which highlights the complex interplay between military operations and local governance in the region. In addition to the military tensions, a recent summit between the Community of Latin American and Caribbean States (CELAC) and the European Union in Colombia aimed to foster regional cooperation, focusing on renewable energy and technological partnerships. However, the absence of key leaders raised questions about the summit's effectiveness. As DePIN Day approaches, the event's organizers hope to facilitate discussions on how decentralized infrastructure can contribute to stability and resilience in a politically charged environment, showcasing the potential of technology to address pressing challenges in Latin America.
DePIN Day to Make Latin American Debut in Buenos Aires cover
a month ago
DePIN Day to Make Latin American Debut in Buenos Aires
DePIN Day, a premier global event series focused on Decentralized Physical Infrastructure Networks, is set to make its Latin American debut on November 18, 2025, during Devconnect Week in Buenos Aires. This significant event is organized by Fluence, a cloudless computing platform tailored for enterprise applications, and co-hosted with the Filecoin Foundation. The Buenos Aires edition aims to unite builders, thinkers, and investors who are at the forefront of the decentralized future of physical infrastructure, marking a pivotal moment for the DePIN movement in a new continent. As the world increasingly adopts crypto-incentivized systems, DePIN Day Buenos Aires will delve into how Web3 incentives are transforming various sectors, including wireless networks, energy systems, sensors, compute, and storage. The event promises to feature exciting announcements from the community, with a lineup that includes notable figures such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and many others. These industry leaders are set to unlock a new era of user-owned, transparent, and verifiable infrastructure, showcasing the potential of decentralized technologies. Industry leaders have expressed their enthusiasm for DePIN Day, highlighting its importance in fostering innovation and collaboration. Clara Tsao from the Filecoin Foundation noted that the event brings together incredible founders who are rethinking industries through DePIN. Mark Rydon from Aethir and Lyllah Ledesma from DAWN echoed similar sentiments, emphasizing the event's standout nature compared to others. With over 150 ecosystem partners and extensive media support, DePIN Day continues to solidify its position as the leading meeting point for the DePIN movement, shaping the future of global infrastructure.
Signup for latest DePIN news and updates