Sonic Labs scraps its algorithmic stablecoin and pivots to a dirham-based alternative, aligning with UAE’s digital currency rollout in late 2025.
Latest News on Blockchain

Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
- News9
- Recap
The next major leap in AI agents can be clear, practical use cases and frameworks for their coordination, according to venture capitalists.
526 - News
The growing stablecoin supply suggests cryptocurrency adoption is at its mainstream “tipping point.”
1284 - News
The Binance co-founder pledged the funds following a 7.7 magnitude earthquake that caused casualties and severe damage in both countries.
4716 - News
Bitcoin is “more likely” to rally to $110,000 first, predicts Arthur Hayes, pointing to easing monetary policy in the US.
5027 - Spotlight
An exclusive documentary series reveals the behind-the-scenes view of how Binance Blockchain Week 2024 came to life.
3268 - News
As of March 4, Coinbase controlled 3.84 million ETH across 120,000 validators, accounting for 11.42% of all staked Ether.
7794 - Opinion
Innovative solutions like selective disclosure and dual-asset systems can balance data protection with regulatory compliance, paving the way for widespread adoption and innovation in Web3.
677 - News
The white-glove blockchain service may provide the robust infrastructure necessary for crypto adoption among financial institutions.
7000 - News
A heated battle between two Broccoli memecoins sparked accusations of unfair scoring and back-end manipulation, but BNB Chain says it’s all a misunderstanding.
2041 - News
CBUAE governor Khaled Mohamed Balama said in a Khaleej Times report that the digital dirham could help combat financial crime and improve financial stability.
4385 - Opinion
InfoStealer malware is advancing as a major cybersecurity threat, covertly siphoning sensitive credentials and personal data from millions of devices worldwide. It’s time to protect yourself.
830 - Use Case
Memecoins merge internet culture with blockchain, building new bridges between mainstream audiences and decentralized innovation.
5710 - News
North Korea’s pause in cyberattacks during late 2024 may have been a resource reallocation ahead of the largest cryptocurrency hack in history.
2436 - News
LY Corporation denied reports that its Line Next blockchain venture had established a business partnership with Sony’s Ethereum layer 2.
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