Blockchain
Function X launched EVM Chain to scale its DeFi ecosystem
The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000.
This upgrade allows developers to migrate their decentralized apps (dApps) to Function X instantly and provides the infrastructure to make sure the dApps run smoothly, with low fees and on a secured network. Function X is one of the first projects to integrate an EVM compatible chain on a chain based on the Cosmos network.
The EVM compatible chain is crucial to Function X’s goal of becoming a decentralized finance (DeFi) blockchain platform that strengthens the DeFi ecosystem and encourage developers to use Function X to contribute to the advancement of DeFi and blockchain technology.
More new use-cases will be built on the ecosystem. For example, the FXEVM launch follows the successful deployment of a retail payment solution (Pundi X Chain) and perpetual derivatives trading platform (MarginX). Function X also allows developers to customize the chain based on their needs using the Subnet solution while inheriting Function X’s speed and security.
After the FXEVM upgrade, users can bridge their $FX and other tokens (such as FX, PUNDIX, PURSE, USDT, and more) from Ethereum to FXEVM using FX Bridge. f(x)Swap will be one of the first dApps available on FXEVM. It’s a decentralized exchange that users can swap different cryptocurrency via MetaMask or any other decentralized wallet supporting WalletConnect e.g f(x)Wallet.
Apart from swapping, there will also be Liquidity Pools, where anyone can become a liquidity provider for a pool and earn rewards in the form of trading fees when users trade in those pools.
Deploying dApps to Function X EVM
Function X invites all developers to come and build on the FXEVM. The dApps the developers w’ll be able to build include not only DEXes but also liquidity protocols, yield aggregators, NFT Marketplaces, and many more. To top it off, the Foundation is allocating $20 million from its Ecosystem Genesis Fund to attract developers and nurture the development of the Function X ecosystem.
The Ecosystem Genesis Fund is transparent and accessible to all developers through governance proposals. This fund is allocated to encourage and help to accelerate the development of Function X and FXEVM.
With the recent FXEVM upgrade and new investments into the Ecosystem Genesis Fund, the Function X network is set for impressive growth and exciting times ahead.
Watch FXEVM at https://youtu.be/F2VHnHd2-bs
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More
-
Blockchain6 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases5 days ago
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain Press Releases7 days ago
HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
-
Blockchain Press Releases4 days ago
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain5 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain Press Releases6 days ago
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake
-
Blockchain7 days ago
io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions