Blockchain Press Releases
HONOR Announces Global Launch of the HONOR 90 Series
As the Co-pilot for Creators, the new HONOR 90 Series Combines Best-in-class Camera and Intelligent Features and More for Capturing Spontaneous Moments and Sharing Great Vibes
PARIS, July 6, 2023 /PRNewswire/ — Global technology brand HONOR today announced the launch of the HONOR 90 Series in Global markets. Featuring an impressive 200MP Main Camera with an industry-leading Quad-Curved Floating Display with eye-comfort technology, the HONOR 90 packs groundbreaking hardware and software to empower the always-on generation to capture their everyday adventures in outstanding detail and share these great vibes to closed ones.
“At HONOR, we strive to empower consumers all around the world with our leading technology to seize the day and to share their vibe.” said George Zhao, CEO of HONOR Device Co, Ltd. “From the outstanding camera innovations and human-centric display solutions, through to the blazing fast performance enabled by best-in-class hardware and our intelligent MagicOS, the HONOR 90 Series will delight consumers worldwide with its exceptional experience, and particularly the content creators who are looking for a smart and dependable partner with which they capture their exciting lives.”
HONOR 90: Powerful and Versatile Camera for Capturing Exquisite Photos and Videos
The all-new triple camera system consists of a 200MP Main Camera with a 1/1.4-inch sensor, a 12 MP ultra wide and macro camera with a 112° field of view and a 2MP Depth Camera that helps the camera more accurately gauge distance. Supporting multi-frame fusion, noise reduction algorithm and pixel binning to achieve the light-capturing performance that is equivalent to having large 2.24µm pixels(16-in-1), the 200MP Main Camera produces excellent high dynamic range (HDR) photos and detailed, bright shots in low light situations.
The HONOR 90 also introduces the new Portrait Mode, which helps users effortlessly create exceptional portraits with well-defined facial features, accurate skin tones and an authentic bokeh effect that naturally blends the background with the subject. For added flexibility, the Portrait Mode also supports capturing at 2X zoom to deliver imaging results that better highlight the subject in frame.
At the front, the 50MP Front Camera captures stunning selfies that are brimming with detail, making the HONOR 90 an ideal choice for budding content creators.
Designed to help vloggers streamline their workflows, the HONOR 90 also employs artificial intelligence (AI) for video denoising and video mode recommendations, as well as for AI Vlog Assistant that enables users to generate a social media-ready 15-second video with just a few taps. The HONOR 90 achieves omnidirectional noise reduction with a signal-to-noise ratio of 20dB, which is close to a professional recorder, allowing users to capture clear human voices without other noise disturbance.
Immersive Viewing Experience on Display
Equipped with a 6.7-inch Quad-Curved Floating Display[1], the HONOR 90 supports a high resolution of 2664×1200, 100% DCI-P3 color gamut and up to 1.07 billion colors, bringing visual content to life in stunning colors and vivid clarity. Furthermore, the HONOR 90 supports a peak HDR brightness of 1600 nits, which allows for improved display readability even under bright light.
The display is fast and responsive with an adaptive screen refresh rate of up to 120Hz[2], which is dynamically adjusted according to the displayed content to strike the optimal balance between visual fluidity and battery life. In addition, with HDR10+ support and HDR certifications from Netflix and Amazon Prime Video, the HONOR 90 ensures that users can enjoy an exceptional multimedia experience whether they are on the road or in the comfort of their homes.
Reflecting HONOR’s commitment to human-centric technology, the HONOR 90 is equipped with industry-leading eye comfort features[3]. Received the TÜV Rheinland Flicker Free Certification and achieved the risk-free dimming level, the HONOR 90 is perfect for today’s entertainment-hungry generation who spend long hours viewing and watching content on their smartphones. The display supports the industry’s highest Pulse Width Modulation (PWM) Dimming frequency of 3840Hz[4], effectively minimizing the strain it puts on users’ eyes when it is set at low brightness. The display also features Dynamic Dimming that simulates natural light to alleviate eye fatigue, as well as HONOR’s Circadian Night Display technology which filters blue light and promotes natural melatonin secretion to improve user sleep quality at night.
The HONOR 90 delivers a pleasing display that a great performance in most use cases, with strong performance in color and readability, which has also taken the 1st place in High-End Ranking of Display by DOXMAKR with an overall display score of 140.
Sleek and Stylish Design Inspired by Artisanal Craftsmanship
Inspired by haute couture and craftsmanship seen in luxury jewelry, the HONOR 90 exudes class with its 7.8mm[5] thin and 183g[6] lightweight body. The smooth, rounded edges wrapping the smartphone make it as much a joy to hold as to behold, and the Deeply Reinforced Glass provides users with peace of mind knowing their smartphone is built to last. At the rear, HONOR 90 features the iconic N Series classic Dual Ring Design, with rounded elements crafted with precise cutting techniques to produce a brilliant shine that adds an extra touch of elegance to the smartphone.
Incredible Battery Life Matched by Fast Performance
The HONOR 90 is embedded with a large 5000mAh[7] battery to support all-day use. On a single charge, the smartphone can provide up to 19.5 hours of continuous local video streaming. When its battery is low, users can take it back up to 45% with 66W HONOR SuperCharge in just 15 minutes, keeping downtime at a minimum. Fast and battery efficient, the HONOR 90 is powered by Qualcomm Snapdragon 7 Gen 1 Accelerated Edition, which has a 20% better GPU and 30% better AI performance compared to its predecessor. The internal temperature is kept in check by a 147% larger vapor chamber, facilitating efficient heat dissipation that allows the HONOR 90 to stay cool to the touch even under load.
A Truly Personalized Experience with HONOR MagicOS 7.1
Running the latest Android 13-based HONOR MagicOS 7.1, the HONOR 90 and HONOR 90 Lite pack a raft of enhanced smart features like Magic Text, providing a smart life experience and enhancing productivity to the maximum.
Magic Text intelligently recognizes text on an image and allows users to directly perform actions with important information. For example, when Magic Text identifies a phone number, users can tap on it and choose an action from the menu, including calling, texting, and saving the number. Magic Text can also identify email addresses and website links for faster access to relevant services. You can enter the text recognition and scanning mode right away once through the digital viewfinder.
HONOR 90 Lite Makes Its Global Debut
Launched alongside HONOR 90, the HONOR 90 Lite is a stylish all-rounder boasting an incredible camera system, display and a range of smart features for enhanced user experience.
Elevating the photography experience, the HONOR 90 Lite features a rear 100MP Main Camera with a f/1.9 aperture, a 5MP Wide & Depth Camera and 2MP Macro Camera for capturing majestic landscape shots and intimate closeups. For selfie enthusiasts, the 16MP Front Camera delivers captivating self-portraits with defined features and enhanced colors. Additionally, the HONOR 90 Lite’s 6.7-inch Edgeless Display[8] features an adaptive refresh rate of up to 90Hz[9], providing users with a buttery smooth visual experience. The display also has TÜV Rheinland Low Blue Light Certification and similar to HONOR 90, it supports a range of human-centric eye protection solutions including Dynamic Dimming and Circadian Night Display.
The HONOR 90 Lite is powered by the MediaTek Dimensity 6020 5G system and a 4500mAh[10] battery. Users who enjoy keeping their media always accessible at their fingertips can take full advantage of the 8GB Memory and large 256GB storage drive of HONOR 90 Lite, which can keep 57,808 pictures, 22,322 songs or 892 HD videos[11] locally. The HONOR 90 Lite is also equipped with HONOR RAM Turbo (8GB+5GB), an HONOR technology that moves a portion of flash memory to RAM, meaning 8GB RAM can be increased to 13GB RAM.
HONOR Pad X9 comes with eXtra Vision and eXtra Power
Alongside the HONOR 90 series, HONOR unveiled the latest HONOR Pad X9 in the Paris event as well. Boasting an impressive 11.5-inch HONOR FullView Display, six-speaker audio system with HONOR Histen sound tuning technology, and up to 128GB storage[12], the HONOR Pad X9 offers a superior entertainment and educational experience with its host of smart features and an elegant look. Featuring the HONOR FullView display, the HONOR Pad X9 supports a resolution of 2000×1200 pixels and has an exceptional screen-to-body ratio of 86% for an optimum viewing experience. HONOR Pad X9’s dual-mirror dual-ring deco design complements the tough contouring to produce a stylish form factor that has a thickness of only 6.9mm[13] and weighs just 495g[14].
The HONOR Pad X9 comes with the latest Android 13-based MagicOS 7.1 with smart features like HONOR Connect. With HONOR Connect, users can use multiple HONOR devices at once to view notifications, and transfer files between devices on a single screen. The massive screen and high resolution of the tablet also allow for greater multitasking possibilities through APP Multiplier, which are two built-in MagicOS features that enable split-screen viewing.
Pricing and Availability
The HONOR 90 is available in a range of fashionable color options including Midnight Black, Emerald Green, Diamond Silver, Peacock Blue, while the HONOR 90 Lite is available in three – Cyan Lake, Titanium Silver, and Midnight Black[15]. Starting from mid to late July, the HONOR 90 will be available in select international markets with suggested retail price starting at €549. HONOR 90 Lite is available starting at €299.
Drawing inspiration from the universe, the HONOR Pad X9 is available in Space Grey at a price of €249.
For more information, please visit HONOR online store at www.hihonor.com.
About HONOR
HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at www.hihonor.com or email [email protected].
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[1] Data from HONOR labs. |
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[2] On different application interfaces and gaming screens, the screen refresh rate may be slightly different. |
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[3] The 3840Hz ultra-high frequency PWM dimming technology of HONOR 90 is TÜV Rheinland Flicker-free certified and achieves the risk-free dimming level, which only takes effect when the refresh rate is 120Hz. The testing standard for the TÜV Rheinland Flicker-free certification follows the correlation between the flicker risk level and the flicker frequency in the IEEE Std 1789-2015 standard, which defines the flicker-free level as when the dimming frequency is higher than 3125Hz. The phone is not medical equipment and is not available for treatment. |
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[4] The screen supports a maximum high-frequency PWM dimming of 3840Hz, which takes effect in low-brightness scenarios. Please refer to the actual experience. The phone is not a medical equipment and is not available for treatment. |
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[5] Data from HONOR labs. Actual dimensions may vary based on the configuration, manufacturing process, and measurement method. The thickness (7.8mm) of the phone does not include the camera bump. |
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[6] Data from HONOR labs. Total weight include battery. Actual weight may vary due to product configurations, manufacturing processes, and measuring methods. |
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[7] The typical capacity is 5000mAh, and the rated capacity is 4900Ah. (Non-removable Battery) |
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[8] With a rounded corners design on the display, the diagonal length of the screen is 6.7 inches when measured according to the standard rectangle (the actual viewable area is slightly smaller). |
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[9] On different application interfaces and gaming screens, the screen refresh rate may be slightly different. |
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[10] The typical capacity is 4500mAh, and the rated capacity of the battery is 4400mAh. (Non-removable Battery). |
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[11] Data from HONOR labs. Capacity is calculated assuming the file sizes of each song, picture and video are 10MB, 4MB and 250MB respectively. Actual quantity of files may vary by file size. |
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[12] The available internal storage may be smaller as part of the internal storage is occupied by software. Actual memory space may change due to application updates, user operations, and other related factors. |
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[13] Data from HONOR labs. |
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[14] Refers to the Wi-Fi only models. Models supporting LTE connectivity weigh approximately 499g. Data comes from HONOR labs. The actual weight may vary based on the configurations, manufacturing process, and method of measurement. |
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[15] Color availability may vary by region. |
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Showcasing blockchain’s potential to enable everyday financial transactions
NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.
Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.
Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.
7 Day Stablecoin Settlement
Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.
Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.
Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.
“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.
“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”
This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.
Visa Principal Membership
A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.
About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/
CONTACT: Charles Yoo-Naut; [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/rain-and-visa-partner-to-accelerate-onchain-credit-cards-302443870.html
Blockchain Press Releases
MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event
VICTORIA, Seychelles, May 1, 2025 /PRNewswire/ — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC’s 7th anniversary and reaffirming the company’s evolution from a trading platform to a full-scale Web3 ecosystem builder.
The new fund marks a strategic pivot in MEXC’s positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3.
“We see this commitment as an opportunity to position MEXC well above its perceived place in the industry as an exchange service. We can and intend to offer much more through this investment, driving businesses and users to our ecosystem with a value offering built on best practices. Our ultimate vision is to transition from a trading venue to an ecosystem platform that will cater to all the needs of crypto industry participants in unique, innovative, and attractive ways,” as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement.
The Ecosystem Development Fund foresees the establishment of an investment and cooperation linkage model that will connect the different businesses with the broader MEXC ecosystem to drive value. The trusted basis of MEXC as a leader in innovation will be used to expand and enhance the overall trading experience for users by offering support beyond capital. Cooperation between exchange business and investments will focus on the development of public chains, stablecoins, wallets, and media platforms as part of the MEXC ecosystem. Comprehensive selection criteria will be announced for projects interested in joining the new initiative.
The new development will allow projects to attract investments and attain visibility, thus advancing their integration across industry services. This will, in turn, give users access to new services, upping their overall experience and building trust. Greater integration and cooperation between businesses, projects and users will ultimately positively impact the industry as a whole, advancing innovation and promoting adoption across different markets and regions.
Existing initiatives within the MEXC ecosystem include Ethena, a leading innovator in the stablecoin space. MEXC has made a strategic investment of $16 million in Ethena and has also purchased $20 million worth of USDe, Ethena’s synthetic dollar. In collaboration with Ethena, MEXC launched several joint campaigns that have gained significant traction in recent weeks, driving strong user engagement. ENA, Ethena’s native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms.
MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative.
About MEXC Ventures
MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders.
MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.
For more information, visit: MEXC Ventures Website
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Today’s blockchain ecosystem is defined by soaring ambitions, regulatory crosswinds, and an ever-evolving tapestry of decentralized applications. In this edition of Blocks & Headlines: Today in Blockchain – April 30, 2025, we cover five pivotal developments shaping Web3’s next chapter:
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Telegram’s TON Factory Launch – A breakthrough in on-chain scalability.
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EU Data-Protection Ruling Threatens Full Blockchain Histories – The fight between GDPR and immutability.
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One Championship MMA Game Debuts on Sui – A major Web3 foray into mobile gaming.
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U.S. Senate Eyes New Blockchain Act – Bipartisan push to regulate digital assets.
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DMG Blockchain’s AI Data-Center Investment – Convergence of crypto mining and AI infrastructure.
Below, we deliver concise yet detailed analyses of each story, infused with expert commentary on their strategic significance. Read on to understand how these trends will influence protocol adoption, developer incentives, regulatory frameworks, and the future of decentralized networks.
1. Telegram’s TON Factory Boosts On-Chain Scalability
What happened:
Telegram’s Open Network (TON) team officially unveiled TON Factory, a novel toolkit designed to streamline the deployment and scaling of decentralized applications. Built atop TON’s sharded architecture, TON Factory enables developers to spin up isolated “factories”—subnets that can host smart contracts, NFTs, and DeFi modules—while sharing security guarantees with the main chain. According to the announcement, early tests show that each factory can process up to 15,000 transactions per second (TPS) in isolation, with near-instant finality.
Why it matters:
Scalability remains blockchain’s Achilles’ heel. TON Factory’s factory-of-subnets approach promises to lower the barrier to entry for high-throughput dApps—everything from micro-payment systems to real-time gaming. By offering elastic compute and fee-optimization mechanisms, Telegram aims to undercut legacy Layer-1 networks and attract a new generation of builders.
Opinion & Implications:
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Developer Experience: Abstractions like preconfigured factories could accelerate time-to-market for teams lacking deep consensus expertise.
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Network Effects: If TON’s UX outpaces rivals (e.g., Ethereum’s zk-rollups or Solana’s Turbine), we may see a migration of liquidity and talent.
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Security Trade-Offs: Isolating factories can mitigate cross-dApp failures, but adds complexity to transaction routing and dispute resolution. Audits will be essential to validate this novel model.
Source: Cointelegraph – Telegram TON Factory Launch
2. EU Regulators Propose Deleting Entire Blockchains for GDPR
What happened:
European data-protection authorities have floated a radical interpretation of GDPR: the “right to erasure” could extend to purging entire on-chain histories containing personal data. Under this view, controllers operating within the EU must either anonymize linked data or entirely delete chain segments—potentially forcing chains to implement selective pruning or permissions.
Why it matters:
Blockchain’s immutability ethos directly clashes with GDPR’s erasure mandate. If regulators enforce selective deletion, networks may need to retrofit privacy-preserving layers (e.g., zero-knowledge proofs, chameleon hashes) or risk noncompliance fines up to 4% of global turnover.
Opinion & Implications:
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Protocol Evolution: Expect a surge in privacy-by-design protocols that segregate PII off-chain while anchoring proofs on-chain.
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Jurisdictional Fragmentation: Projects may geo-fence EU users or spawn EU-compliant forks—fracturing unified global ledgers.
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Commercial Impact: Exchanges and custodians face urgent deadlines to audit on-chain data holdings and deploy erasure tools—or face hefty penalties.
Source: Daily Hodl – EU Blockchain Erasure
3. One Championship’s MMA Game Launches on Sui for iOS/Android
What happened:
One Championship, Asia’s premier martial-arts league, has partnered with Mysten Labs to release “ONE Fight Manager”—a play-to-earn mobile title powered by the Sui blockchain. Available now on iOS and Android, the game lets users train NFT fighters, compete in PvP leagues, and earn SUI tokens through ranked matches. Mysten Labs touts sub-two-second transaction finality and near-zero gas fees, enabling seamless gameplay even for on-chain microtransactions.
Why it matters:
Gaming remains the killer app for mass blockchain adoption. By leveraging Sui’s Move VM and object-centric model, ONE Fight Manager addresses two critical pain points: UX friction and cost barriers. Real-time, feeless interactions are vital to onboard traditional gamers accustomed to instant feedback loops.
Opinion & Implications:
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User Acquisition: High-profile IP like One Championship can drive millions of installs—and funnel new users into the broader Sui ecosystem.
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Economics & Tokenomics: Careful tuning of token emission and NFT scarcity will determine whether the game sustains long-term engagement or succumbs to “play-to-earn” collapse.
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Cross-Chain Synergy: Success here may inspire similar partnerships on Aptos, Ethereum, or emerging Layer-1s, intensifying competition for flagship gaming titles.
Source: Decrypt – ONE Championship Sui Game
4. Ohio Senator Leads Push for U.S. Blockchain Act
What happened:
Senator J.D. Kerns (R-OH) has introduced the Blockchain Innovation and Consumer Protection Act, aiming to create a federal framework for digital-asset oversight. Key provisions include:
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Defined Classifications: Differentiating between payment tokens, security tokens, and utility tokens.
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Licensing Regime: Establishing a “Digital Asset Services Commission” to grant interstate licenses for exchanges and custodians.
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Consumer Safeguards: Mandatory proof of reserves, clear disclosure requirements, and dispute-resolution protocols.
Why it matters:
After years of fragmented state laws and agency turf wars, this Act represents Congress’s first cohesive effort to legislate blockchain. By preempting state-level divergence, it could streamline compliance for businesses—provided it balances innovation with investor protection.
Opinion & Implications:
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Regulatory Clarity: Clear definitions can foster institutional entry, reducing legal ambiguity that stifles corporate treasuries from adopting crypto.
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Unintended Consequences: Overly stringent licensing could entrench incumbents and erect high barriers for startups.
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Global Competitiveness: U.S. leadership in blockchain law may influence other jurisdictions—critical as Asia and Europe race to craft their own regulatory regimes.
Source: The Street – Blockchain Act Proposal
5. DMG Blockchain Solutions Invests in 2MW of AI Data-Center Gear
What happened:
DMG Blockchain Solutions Inc. has announced the acquisition of two megawatts of high-density GPU infrastructure, repurposed for both crypto-mining and AI-model training workloads. Housed in a new Quebec data center, the multi-use clusters will dynamically allocate capacity between proof-of-work operations and commercial AI clients—leveraging off-peak pricing to optimize ROI.
Why it matters:
The convergence of crypto-mining and AI training infrastructure underscores growing synergies between two of the most compute-hungry industries. By offering GPUs for rent during mining downtimes, DMG anticipates 30% higher utilization rates compared to mono-purpose facilities.
Opinion & Implications:
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Revenue Diversification: Dual-use data centers can hedge against crypto price swings and tap into booming AI-as-a-service demand.
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Energy Efficiency: High-efficiency GPUs paired with Quebec’s hydroelectric power may set new benchmarks for sustainable compute.
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Competitive Landscape: Other mining operators may follow suit, catalyzing a wave of AI-crypto hybrid hosting providers.
Source: GlobeNewswire – DMG AI Infrastructure Purchase
Conclusion
April 30, 2025, illuminated blockchain’s boundless dynamism: scalability breakthroughs at Telegram’s TON Factory; privacy versus immutability in the EU’s GDPR debate; mass-market gaming on Sui; legislative clarity from Capitol Hill; and the AI-crypto infrastructure nexus in Quebec. These stories reveal an industry simultaneously innovating at the protocol layer, grappling with regulation, and exploring cross-sector partnerships. For developers, investors, and policymakers alike, the imperative is clear: build resilient architectures that anticipate regulatory shifts, prioritize user experience, and harness synergies across emerging technologies. Stay tuned to Blocks & Headlines tomorrow for your next daily briefing on the pulse of blockchain’s evolving frontier.
The post Blocks & Headlines: Today in Blockchain – April 30, 2025 appeared first on News, Events, Advertising Options.
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