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Zilliqa transitions to 2.0 with full EVM support and protocol overhaul

Zilliqa blockchain network has officially moved from version 1.0 to 2.0, a protocol upgrade that restructures the blockchain’s architecture.  According to a press release shared with crypto.news, the update introduces Ethereum Virtual Machine (EVM) compatibility, a new Proof-of-Stake consensus model, and infrastructure designed to support institutional use cases.  The roll out follows a six-month test…

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ASX probe into $164m project failure deepens, Australian regulators assemble panel of experts: report

Australian Securities and Investments Commission appoints former central bank deputy governor to a three-member expert panel to investigate the ASX’s failed blockchain project worth over $160 million. According to a recent report by Reuters, one of the members of the three-member expert panel is former central bank deputy governor Guy Debelle. The panel is tasked…

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Lumia integrates modular cross-chain infrastructure through Avail collaboration

Real-world asset tokenization platform Lumia is integrating Avail into its on-chain infrastructure, marking a shift from siloed blockchains to a modular, interoperable infrastructure. According to a press release received by crypto.news, the collaboration will integrate the Avail Stack infrastructure into the RWA chain to unlock more liquidity and interoperability and ensure data-level secure verification for…

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Why ‘fast’ blockchains fail when it counts most

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For over a decade, blockchain developers have pursued one primary metric of performance: speed. Transactions per second (TPS) became the industry’s benchmark for technological advancement, as networks raced to outpace traditional financial…

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Pantera, Multicoin Capital invest in Solana AI project Gradient Network

Gradient Network, a decentralized artificial intelligence infrastructure project on Solana, has raised $10 million in a seed funding round led by Pantera Capital and Multicoin Capital. The Gradient team, which is building a decentralized AI runtime on Solana, announced the seed round funding milestone on June 17, 2025. Capital injection from the crypto venture capital…

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