Tech

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 16-25, with live updates throughout.
The latest in blockchain tech upgrades and announcements.

Discover seven real-world IoT applications transforming industries with innovative examples and their impact on efficiency and convenience.

Learn about the crucial differences between compilers and interpreters and how they affect code execution and development.

Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.

Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works.

The effort will accelerate the deployment of zero-knowledge proofs, one of the hottest trends in blockchain technology, they said.

Gho has been available on the Ethereum blockchain’s Goerli testnet since February, where it has functioned without encountering any major bugs.

‘Nairobi’ is the blockchain’s fourteenth upgrade.

The upgrade 8.1.1 also contains software patches for minor issues from a previous node version.
- 21:55Citi estimates stablecoins will drive widespread blockchain adoption, reaching a $3.7 trillion marketCiti predicts that 2025 could become a turning point for blockchain adoption, primarily due to the development of stablecoins. The report indicates that the stablecoin market size is expected to grow from the current $230 billion to between $1.6 trillion and $3.7 trillion by 2030. This growth is largely attributed to the United States' proactive regulation of digital assets and a stable market environment, which will facilitate their further integration into the financial system, increase payment speed, enhance transparency, and optimize asset settlement. Additionally, stablecoin issuers are expected to become major buyers of U.S. Treasury bonds, with holdings projected to reach $1.2 trillion, potentially surpassing all foreign sovereign holders. However, the report also highlights risks, such as stablecoins de-pegging nearly 1,900 times in 2023, with large-scale redemptions under extreme circumstances potentially disrupting the liquidity of the crypto market and impacting financial markets.
- 21:54U.S. Judge Blocks Trump's Attempt to Abolish Federal Employees' Collective Bargaining RightsA U.S. federal judge has temporarily blocked Trump's attempt to abolish federal employees' collective bargaining rights. The National Treasury Employees Union stated that Trump's executive order to revoke collective bargaining agreements for federal departments relieved more than a dozen federal agencies of the obligation to negotiate with unions, violating federal employees' labor rights and the United States Constitution.
- 21:54SOL Falls Below 150 USDTMarket data shows that SOL has fallen below 150 USDT, currently reported at 149.99 USDT, with a 24-hour drop of 0.4%.