The US government announced on Tuesday that it is publishing economic data onchain to boost transparency for government spending. The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Chainlink was selected to provide data feeds from the Bureau of Economic Analysis (BEA), and will publish additional data feeds in response to consumer demand or at the behest of the US government, a Chainlink spokesperson told Cointelegraph. These feeds include real gross domestic product (GDP), personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers, the company said. Read more
Philippine Senator Bam Aquino plans to file a bill to put the country’s national budget on a blockchain for greater transparency and accountability. Philippine Senator Bam Aquino announced his intention to propose a bill that would lead to the country’s national budget being saved on a blockchain. According to a Facebook post by local news publication BusinessWorld, Aquino plans to file the bill “in the next couple of weeks.” The measures would “integrate the government’s budget and transactions into a blockchain platform for better transparency.” In a dedicated Facebook post, Aquino recounted that he talked about how technology can “strengthen accountability in governance” during the Manila Tech Summit 2025. He also said that he spoke about blockchain technology specifically: Read more
Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000. Key takeaway: Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle. Signs of panic from BTC short-term holders hint at a potential local bottom. Read more
Rollup-based layer 2s destroy crypto’s trustless nature through centralized sequencers that control inclusion, ordering and execution of transactions. Opinion by: Steven Pu, co-founder of Taraxa The rollup-based layer 2s that are all the rage today are destroying crypto or, more precisely, the very trustless nature of crypto, by rapidly eroding its decentralized trustlessness. Crypto’s uniqueness comes from its trustlessness, powered by the underlying infrastructure primarily in layer 1s. The only way to be truly trustless is to be fully decentralized, where decisions are made dispassionately by a large and randomized set of nodes from all across the world, operated and owned by people who, in aggregate, have little to no connections. Read more
Global crypto hot spots are emerging everywhere, from Zanzibar to Sri Lanka and they all have one thing in common. As the blockchain and cryptocurrency industries scale globally, nations are no longer adopting a wait-and-see attitude; theyre actively competing for a slice of the pie. Governments are recognizing that Web3 is a revolutionary technology with wide-reaching implications for economies, governance and digital infrastructure, and countries are vying to attract the top talent to their shores. Whats emerging is a new network of crypto tech hubs: jurisdictions building regulatory clarity and fostering innovation to attract the most ambitious developers and companies in the space. The United Arab Emirates (UAE), Hong Kong and Singapore are among the best known, but there are many regions lining up to shape the next phase of decentralized innovation. But theres one thing that most crypto hubs have in common. See if you can spot what it is, but well let you know at the end. Read more
Global crypto hot spots are emerging everywhere, from Zanzibar to Sri Lanka and they all have one thing in common. As the blockchain and cryptocurrency industries scale globally, nations are no longer adopting a wait-and-see attitude; theyre actively competing for a slice of the pie. Governments are recognizing that Web3 is a revolutionary technology with wide-reaching implications for economies, governance and digital infrastructure, and countries are vying to attract the top talent to their shores. Whats emerging is a new network of crypto tech hubs: jurisdictions building regulatory clarity and fostering innovation to attract the most ambitious developers and companies in the space. The United Arab Emirates (UAE), Hong Kong and Singapore are among the best known, but there are many regions lining up to shape the next phase of decentralized innovation. But theres one thing that most crypto hubs have in common. See if you can spot what it is, but well let you know at the end. Read more
The record ESG-aligned tokenization efforts will prevent emissions that are about 105 times the yearly CO₂ emissions of Iceland. Wealth tokenization platform Arx Veritas and tokenization infrastructure firm Blubird are using blockchain technology to prevent nearly 400 million tons of CO₂ emissions, marking a record for the digital asset tokenization industry. The two firms have tokenized $32 billion worth of Emission Reduction Assets (ERAs) on Blubird’s Redbelly Network, aiming to set a “new standard” for the financing and tracking of sustainability efforts. The tokenized assets include capped oil wells and coal mines, representing over 394 million tons of prevented CO₂ emissions, marking the largest tokenization effort aligned with the Environmental, Social, and Governance (ESG) framework. Read more
The Sandbox co-founders, Arthur Madrid and Sebastien Borget, have transitioned to new strategic roles amid an ongoing business optimization, Borget told Cointelegraph. The Sandbox, a metaverse-focused subsidiary of Hong Kong-based Web3 firm Animoca Brands, is restructuring its operations, with its co-founders moving into new strategic roles. Co-founders Arthur Madrid and Sebastien Borget have transitioned as part of ongoing business optimization at The Sandbox, Borget told Cointelegraph on Thursday. Co-founder Madrid moved from CEO to chairman, while Borget takes on the role of global ambassador, representing The Sandbox at industry events worldwide. Read more