Blockchain News

Smart contracts, dApps, and the rise of cryptocurrencies like Bitcoin, Ethereum, Polkadot, Cardano, and more have spawned a new breed of use cases and services that run on public and private blockchains.

This new era of technology has taken the world by surprise, offering businesses, regulators, and ordinary users a chance to explore uncharted territories. A blockchain is a digital database distributed across a network of special computers called nodes. These nodes have a copy of the database and can seamlessly communicate. Anyone can join the network as a node operator and view the ledger’s contents. In essence, a blockchain is a digital ledger that records and stores data, which can be seen and accessed by everyone in the network in real-time. This distributed model assures the trustworthiness of the data because it’s impossible for one party to alter the data without the knowledge of other node operators, typically incentivized to keep the veracity of transactions.

How a Blockchain Works

Blockchain works by creating a network of computers that maintain a shared database. When a new piece of data, called a “block”, is created, it’s surrounded by a mathematical “hash” that makes it unique to that point in the network. Only the network can verify the data’s accuracy if a block of transactions is needed. This verification mechanism is the “hash”. It helps “chaining” the new block with the longer block of verified transactions, forming a blockchain. Once a block is “chained”, it is impossible to reverse posted transactions. This is why all blockchain transactions in a public database are considered immutable. Notably, any alterations in the block’s content would produce a different hash, alerting the network that data has been tampered with and is invalid. Its database will constantly grow as long as the network finds use and new blocks are added.

Blockchain Use Cases

Blockchain provides a secure and transparent platform for executing smart contracts. Smart contracts are pieces of code that automatically trigger when certain conditions are met. This minimizes the risk of fraud and reduces the cost of contracting. A blockchain can find application in regulatory compliance where it can find immense use in tracking assets, managing key processes, and auditing transactions. Furthermore, a blockchain can be used for storing data. As observed, publicly distributed blockchains provide a more efficient and secure way to store data. Stored data are openly and transparently accessible to all users. The blockchain can also find use in creating decentralized identity management systems. In this arrangement, the ledger can authenticate users, manage access to applications and store personal data. When integrated with an identity management system, the blockchain can be further used to keep data private. Data cannot be accessed or altered by third parties or organizations. At the same time, the blockchain can be used efficiently in supply chain management, where the technology can drastically improve logistics. Ordinarily, supply chains are complex and have many variables that make tracking challenging to use in traditional systems. This could make blockchain an appealing alternative.

Avalanche Collaborates With Filecoin to Power Cost-Effective, Scalable Web3 Data Storage on DApps
Avalanche Collaborates With Filecoin to Power Cost-Effective, Scalable Web3 Data Storage on DApps

This collaboration enables Avalanche applications to transmit data storage to Filecoin, minimizing on-chain expenses while maintaining reliability.

June 22, 2025
Kroma Network Informs Users to Unstake and Withdraw Crypto Assets Before the Shutdown on 30th June
Kroma Network Informs Users to Unstake and Withdraw Crypto Assets Before the Shutdown on 30th June

Kroma Network urges its users to unstake and withdraw crypto assets before its June 30 shutdown, warning smart contract access will be disabled.

June 22, 2025
Web3 Decision Partners with Arichain to Bolster Community-Led Web3 Ecosystem
Web3 Decision Partners with Arichain to Bolster Community-Led Web3 Ecosystem

Web3 Decision collaborates with Arichain to elevate decentralized growth by empowering developers and users through AI, tools, and community-led initiatives.

June 22, 2025
Trump Declares Airstrikes on Nuclear Sites in Iran, Triggering Swift Reaction in Crypto Market
Trump Declares Airstrikes on Nuclear Sites in Iran, Triggering Swift Reaction in Crypto Market

Trump confirms airstrikes on Iranian nuclear sites, igniting the Middle East tensions and triggering a sharp downturn in the global crypto market.

June 22, 2025
Binance to Unveil Sahara AI’s Trading on Alpha Ecosystem from June 26
Binance to Unveil Sahara AI’s Trading on Alpha Ecosystem from June 26

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By Umair
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Crypto Fundraising Surges: $807.0M Pumped into Key Sectors, EigenCloud, PrismaX, SparkChain, and Others
Crypto Fundraising Surges: $807.0M Pumped into Key Sectors, EigenCloud, PrismaX, SparkChain, and Others

Most crypto projects that raised significant funding came from blockchain services and infrastructure, and CeFi sectors, indicating investor confidence.

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Hacken Sees Security Breach, $HAI Compromised on Ethereum and BSC
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Hacken has witnessed a huge security exploit as its native crypto token $HAI has been compromised on Ethereum as well as Binance Smart Chain networks.

By Umair
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Mind AI Collaborates With Spheron Network to Power AI Agents with Decentralized Compute Power
Mind AI Collaborates With Spheron Network to Power AI Agents with Decentralized Compute Power

With this partnership, Mind AI feeds its crypto intelligence algorithms with Spheron’s decentralized GPU infrastructure for scalable, low-cost AI workloads.

June 21, 2025
Bitgert Integrates with SquadBoom to Power AI and DePIN Innovation
Bitgert Integrates with SquadBoom to Power AI and DePIN Innovation

Bitgert teams up with SquadBoom to tokenize user behavior with AI and DePIN, enabling real-time, zero-fee engagement across blockchain ecosystems.

June 21, 2025
BNB Chain Perpetual Volume Hits Record $33.29 Billion in Mid-2025
BNB Chain Perpetual Volume Hits Record $33.29 Billion in Mid-2025

BSC hits a record $33.29B monthly perp volume in 2025, showing rising trader demand and growing liquidity in decentralized derivatives markets.

June 21, 2025
SoonChain Taps Nubila to Bring Weather Data to Web3 Gaming
SoonChain Taps Nubila to Bring Weather Data to Web3 Gaming

SoonChain and Nubila collectively bring real-time, decentralized weather data to Web3 gaming to enable dynamic, AI-powered environments and immersive gameplay.

June 21, 2025
Animoca Brands Collaborates with Cross the Ages to Back Upcoming Release of Arise
Animoca Brands Collaborates with Cross the Ages to Back Upcoming Release of Arise

With this collaboration, Animoca Brands intends to back the release of Arise, a multi-layer role-playing game (RPG) introduced by Cross the Ages.

By Umair
June 21, 2025