Michael Kong led Fantom’s transformation into Sonic Labs, focusing on speed, scalability, and secure blockchain technology.Sonic Labs’ upcoming mainnet launch reflects Michael Kong’s vision for real-world blockchain applications and innovative solutions. Michael Kong’s journey into the realm of blockchain and cryptocurrencies is one of determination, inventiveness, and a strong fascination with technology. Having a solid...

The idea of adding Bitcoin to national financial reserves is growing, with the United States paving the way and countries like Germany and Hong Kong now considering similar steps.Japan’s Prime Minister acknowledged the potential of Bitcoin as a safe haven during inflation but noted that its price volatility makes it difficult to implement as a...

The market shows strong bullish potential despite a perceived bearish phase, with altcoins achieving consistent double-digit growth.Strategic accumulation and long-term planning are vital as the cryptocurrency market prepares for significant growth in the coming years. Despite perceived stagnation, the crypto market continues to show signs of resiliency and possibility. Popular crypto analyst Alan Santana has...

A Hong Kong legislator proposed adding Bitcoin to national reserves for financial stability.The plan includes using Bitcoin ETFs to attract investment and reduce market risks. A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to incorporate Bitcoin into the region’s national reserves, emphasizing financial security and market stability. Wu Jiexhuang, a...

Russia is moving forward with a proposal that mandates banks and merchants to implement the digital ruble, the nation’s central bank digital currency (CBDC), via legislation introduced in the State Duma.By mandating the digital ruble, Russia could potentially lay the groundwork for embracing cryptocurrencies, specifically Bitcoin, within its financial system. A draft bill has been...