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blockchain

U.S. Commerce Dept to Publish GDP on Blockchain

by admin August 26, 2025

The U.S. Commerce Department will start posting important economic data, including GDP reports, on the blockchain directly. Commerce Secretary Howard Lutnick made the announcement at a White House cabinet meeting, describing it as a move toward greater efficiency and transparency.

Lutnick indicated the change begins with GDP but potentially could go across agencies, providing markets and the public quicker, tamper-evident access to federal data.

“The Department of Commerce is going to begin publishing its stats on the blockchain because you are the crypto president,” he informed President Trump.

By putting data on the blockchain, the government seeks to lower the risk of fraud, increase confidence, and offer real-time figures verified in real-time.

The action comes after recent U.S. initiatives incorporating blockchain technology into economic infrastructure, such as the GENIUS Act endorsing stablecoins.

According to analysts, blockchain-reporting can increase investor confidence and represents one of the largest government endorsements of the tech.

Also Read: Indian Govt to Adopt Blockchain for Digital Commerce, Land Records

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August 26, 2025 0 comments

Product Reviews

The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)

by admin August 26, 2025

Remember back in 2017 when Bitcoin’s price soared and companies started promising to add everything to the blockchain? It was an embarrassing era, since blockchain technology has very few practical purposes that can’t be solved by a regular, old-school database. But it sounds like the White House just got the memo and wants to usher in the world of 2017 again.

President Donald Trump held a televised “cabinet meeting ” at the White House on Tuesday that clocked in at over 3 hours and 15 minutes. It was a marathon session of ass-kissing from the Trump regime’s most despicable characters. But the announcement that really stood out to us, aside from all the normalization of fascist language, was Commerce Secretary Howard Lutnick’s promise to put government statistics on blockchain.

“The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president, and we are going to put out GDP on the blockchain so people can use the blockchain for data distribution,” Lutnick said.

“And then we’re going to make that available to the entire government so all of you can do it. We’re just ironing out all the details so we can do it.”

Lutnick then quickly moved on to another topic, but it was an odd thing to suggest. Why blockchain? Apparently, because Lutnick associates it with crypto. But it’s hard to imagine what problem putting statistics on the blockchain will solve.

The idea behind blockchain is that it’s a decentralized ledger. And it’s a neat idea, but it doesn’t actually solve very many problems beyond maintaining the existence of cryptocurrency like Bitcoin. A normal spreadsheet or database typically works just fine for distributing information of the kind Lutnick wants to put out.

Trump infamously had a dispute with some of the government’s top officials who produce government statistics, firing the head of the Bureau of Labor Statistics, Erika McEntarfer, earlier this month. Trump falsely claimed that McEntarfer had produced “rigged” data that had been “manipulated for political purposes” when numbers were revised to show less job growth than had been previously reported.

Trump’s social media platform, Truth Social, just happened to announce a new partnership with Crypto.com on Tuesday, according to the Wall Street Journal, so maybe Lutnick’s promise to put stats on the blockchain was inspired by that in some way. Whatever was behind the idea, Trump and his family have reaped billions of dollars through their crypto associations.

The meeting went to a lot of other weird places, especially when Trump was asked about his plans for deploying the National Guard to blue cities around the country. The president has flooded Washington, D.C., with federal agents under the pretext of cracking down on crime.

“The line is that I’m a dictator, but I stop crime. So a lot of people say, ‘You know, if that’s the case, I’d rather have a dictator,’” Trump said Tuesday.

Trump expressed the same sentiment on Monday, making it clear that this wasn’t just a verbal slip. He really wants to normalize the idea that dictators may get a bad wrap and are necessary to fight crime. And he’s threatened to send troops to places like Chicago as a show of force.

Maybe they can put the crime statistics on the blockchain, too. Why not? It’s supposed to be the fix for everything, according to crypto fans. Now, if we could only get a White House reporter to ask Trump what he thinks blockchain technology is all about. It would almost certainly be a comical answer from the 79-year-old.

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August 26, 2025 0 comments

Crypto Trends

US Commerce to publish GDP data on blockchain, says Lutnick

by admin August 26, 2025

US Commerce Secretary Howard Lutnick said the Department of Commerce will begin publishing economic statistics, including gross domestic product (GDP) data, on the blockchain.

Lutnick made the announcement during a White House cabinet meeting on Tuesday, describing the effort as a move to expand blockchain-based data distribution across government agencies. Speaking to US President Donald Trump and other government officials, he said:

“The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put our GDP on the blockchain so people can use it for data and distribution.”

Lutnick said the initiative will begin with GDP figures and could expand across federal departments after the Commerce Department finishes “ironing out all of the details” for the implementation.

Related: US Treasury’s DeFi ID plan is ‘like putting cameras in every living room’

Global adoption shows blockchain’s potential for governments

Other governments have already adopted the technology in public administration.

In 2016, Estonia’s government integrated Guardtime’s KSI blockchain into its e-Health system to secure over a million patient records. The same infrastructure now underpins parts of its digital ID network, making the Baltic nation an early pioneer.

In 2018, the European Commission and the European Blockchain Partnership launched the European Blockchain Services Infrastructure (EBSI), a permissioned network built on Hyperledger Besu. Member states such as France, Slovenia and Denmark host validator nodes, giving it a decentralized structure designed to deliver cross-border public services that are verifiable and trustworthy.

In 2021, Singapore and Australia trialed a blockchain system to issue and verify cross-border trade documents, reducing paperwork and cutting costs. And in 2024, California’s Department of Motor Vehicles digitized 42 million car titles on a permissioned Avalanche blockchain to curb lien fraud and streamline vehicle transfers.

Before his fallout with US President Donald Trump, Elon Musk floated the idea of running parts of the US government on the blockchain, a proposal that drew comparisons to Europe’s EBSI project.

Related: GENIUS Act to spark wave of ‘killer apps’ and new payment services: Sygnum

Blockchain can record data, but can’t control its accuracy

The plan comes as Trump has repeatedly questioned the reliability of US economic data.

In April, he downplayed a 0.3% first-quarter GDP contraction as a tariff-driven blip, and in May, he dismissed a Congressional Budget Office forecast of 1.8% growth as biased while predicting the economy could expand by as much as 9%.

On Aug. 1, Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a July jobs report showed only 73,000 new positions and sharp downward revisions to earlier months, accusing her of releasing “rigged” data and sparking alarm among economists.

As Cointelegraph has reported, blockchain offers governments advantages for handling data, from tamper-proof recordkeeping and secure digital identities to transparent information sharing and auditable transactions.

However, while the technology can secure how data is stored and shared, it does not address the accuracy of the data itself.

Trade Secrets: Elon Musk Dogecoin pump incoming? SOL tipped to hit $300 in 2025

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August 26, 2025 0 comments

NFT Gaming

5 Cryptos to watch as Citigroup eyes blockchain payment services, stablecoin custody

by admin August 23, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Citigroup enters stablecoin custody and blockchain payments, signaling a major leap for crypto adoption.

Summary

Citigroup enters stablecoin custody, signaling crypto’s move into mainstream finance.
Little Pepe presale surges as investors eye high-potential tokens.
With exchange listings secured, LILPEPE aims to lead 2025’s top crypto performers.

The digital asset market is preparing for its next major leap as Citigroup, a $2.57 trillion banking giant, confirms its push into stablecoin custody and blockchain-based payments.

With Wall Street preparing to integrate crypto into mainstream finance, investors are searching for tokens positioned to ride this momentum.

Here are five cryptos to buy right now:

Little Pepe (LILPEPE): The memecoin rewriting the rules with sniper bot resistance, zero tax, and $20.6 million+ presale raised.
Solana (SOL): Breaking past $200 with ETF inflows and a $1,000 long-term target.
Tron (TRX): Building structural demand with resilient on-chain growth and a path toward $1.
Arbitrum (ARB): Up 50% weekly as ETH nears $5k, boosted by PayPal and Robinhood integrations.
Mantle (MNT): Surging 30% in 48 hours on Bybit partnerships and MiCA-compliant staking demand.

Impending Citigroup big stablecoin move

With $2.57 trillion in assets under custody, Citigroup has confirmed it’s exploring custody services for stablecoin reserves, crypto ETF infrastructure, and tokenized payments.

The plan aligns with the U.S. GENIUS Act, which requires issuers to back tokens with safe assets like Treasuries or cash. The bank already uses blockchain to transfer USD across financial hubs and is considering establishing a stablecoin.

Citi might become a primary stablecoin payment provider if it performs fully, boosting crypto adoption and investor trust. This backdrop makes the following five cryptos highly relevant in the current environment.

Little Pepe: Memecoin meets institutional-grade strategy

While Citi is shaping the payment rails, Little Pepe is leading a parallel revolution in memecoins. Unlike Dogecoin or Shiba Inu, LILPEPE is not just a meme but a Layer-2 blockchain ecosystem designed for speed, low fees, and community empowerment.

The presale has been remarkable: $20.6 million raised, 13.4 billion tokens sold, and Stage 11 now live at $0.002 per token, already up 100% from its Stage 1 entry price. With demand accelerating and multiple stages left, LILPEPE is building momentum that often fuels massive post-listing rallies.

What makes LILPEPE unique is its sniper bot resistance, the world’s only chain where bots can’t exploit early trading. Combine that with zero buy/sell taxes, a dedicated meme launchpad, and confirmed listings on two top-tier CEXs at launch, and there is a meme token positioned more like a high-growth tech play.

Backing from anonymous experts who helped scale other top memecoins adds credibility, while the recently completed Certik audit strengthens investor trust. Little Pepe’s roadmap also includes a plan to hit a $1 billion market cap and climb into the CMC Top 100 immediately post-listing.

LILPEPE could be the one to deliver 100x returns from launch. In a market where institutions seek stability, LILPEPE demonstrates that memes with robust infrastructure are enduring.

Solana: Can SOL soar to $1,000?

Solana has been one of the strongest large-cap performers this cycle, climbing above $200 with nearly 28% gains in 30 days. The launch of the Solana + Staking ETF has fueled institutional FOMO, while $13b in trading volumes confirms liquidity support.

Solana Price Chart | Source: CoinGecko

Analysts see a short-term correction to $190, but the larger target remains clear: $500 within 6 months and potentially $1,000 long-term if ETF demand and adoption sustain. With the market set to welcome significant capital from Citigroup, Solana is already emerging as a top crypto to buy in 2025.

Tron: The path to $10 looks clear

Tron has quietly become one of the most resilient performers of this market cycle. Trading at $0.36, TRX has grown over 50x since launch while maintaining a strong uptrend channel. Analysts point to consistent accumulation and 11.1 billion+ on-chain transactions, confirming structural adoption across payments and stablecoin transfers.

Tron Price Chart | Source: CoinGecko

The projection for this cycle? A breakout toward $2 in the short term, with the psychological $10 target in sight. With futures markets showing balance and no signs of overheating, TRX remains a reliable bet for investors looking for steady upside.

Arbitrum: Layer-2 leverage on Ethereum’s surge

Arbitrum has surged 50% in the past week, breaking above resistance as Ethereum nears $5,000. As one of the top Ethereum Layer-2s, ARB benefits directly from higher transaction volumes and institutional demand.

Arbitrum Price Chart | Source: CoinGecko

Big partnerships fuel the rally: PayPal is integrating the PYUSD stablecoin on Arbitrum, and Robinhood has tapped the network for tokenized assets. With volume up 133% to $1b and resistance at $0.55–$0.60, analysts believe ARB could climb toward $3+ this cycle as ETH adoption cascades through its ecosystem.

Mantle: New utility, new momentum

Mantle has been one of the biggest surprises of August, rallying 30% in just 48 hours. The surge came after Bybit EU launched MiCA-compliant staking for MNT, marking its first regulated staking product in Europe.

Mantle Price Chart | Source: CoinGecko

With additional integrations into structured products and creator economy tools, Mantle is expanding its utility base. Trading volumes surged to nearly $600 million daily, and derivatives data suggest a potential breakout above $1.40, with a path toward $2 if shorts get squeezed. As a newer Layer-2 solution, Mantle could carve out a strong niche this cycle by positioning itself as a compliance-first blockchain for utility-driven demand.

From Citi to Pepe: The next big cycle winners

Citigroup’s entry into stablecoin custody highlights one undeniable truth: crypto is no longer fringe; it’s the future of global payments. While large caps like Solana, Tron, Arbitrum, and Mantle are primed to benefit, the real asymmetric bet remains with Little Pepe. With exchange listings locked in and community momentum building, LILPEPE could lead the top cryptos to buy this cycle. Don’t miss the chance to buy before the subsequent presale price increase.

To learn more about Little Pepe, visit the website, Telegram, and X.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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August 23, 2025 0 comments

GameFi Guides

SkyBridge Capital to Tokenize $300M on Avalanche Blockchain

by admin August 20, 2025

Anthony Scaramucci, the founder and CEO of SkyBridge Capital, said on Tuesday that his company will move around $300 million from two funds into tokenized form on the blockchain. This is about 10% of SkyBridge’s total assets under management

Tokenization is a topic that has been picked up in the finance space recently. It simply creates digital versions of real-world assets that can be traded on a blockchain just like Bitcoin or stablecoins. This is meant to make them easier and faster to exchange.

“I’m basically seeing 2026 into 2027 as the age of real-world tokenization,” Scaramucci said in an interview. He also predicted that more assets will shift to the blockchain in coming years.

$300 Million Set for Tokenization on Avalanche Blockchain

According to reports, SkyBridge will place its tokenized funds on Avalanche, a blockchain network that currently holds close to $2 billion worth of assets.

To carry out the plan, the firm will work with Tokeny, a company that helps investment managers turn traditional funds into blockchain-based products for wider access and easier trading.

One of the funds set for tokenization invests in cryptocurrencies such as Bitcoin, which the Securities and Exchange Commission has not categorized as securities, according to SkyBridge’s latest investor disclosure.

The second fund is described as a “fund of funds,” combining SkyBridge’s other vehicles, including its venture fund and its crypto-focused investments, giving token holders access to multiple strategies.

Tokenization is believed to cut costs and remove middlemen who usually check, process, and charge fees whenever financial products change hands.

Because blockchains act as decentralized databases, every transaction and asset record is transparent and verifiable, allowing anyone on the network to confirm ownership without needing outside verification.

A Future Without Spreadsheets and Bank Calls

Moveover, tokenization is gaining momentum among corporate companies, For instance, firms like BlackRock, Franklin Templeton, and VanEck recently launched tokenized money market funds on blockchains like Solana and Aptos.

Those who support this move picture a future where investors easily buy, sell, and move fund stakes on blockchain platforms without spreadsheets, wire transfers, or repeated communication with banks and financial middlemen.

According to John Wu, president of Ava Labs, the company behind Avalanche. “Ultimately, we want to achieve two things: bring activity on-chain from the traditional finance world and show the world that this technology can benefit them in terms of cost savings.”

Also Read: Ethereum Whales Panic-Sell as $ETH Price Drops

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August 20, 2025 0 comments

Crypto Trends

Toyota explores blockchain to turn cars into tradable RWAs

by admin August 19, 2025

Japanese automaker giant Toyota is exploring the financialization of car ownership, turning fleets into assets.

Summary

Toyota has proposed a blockchain that links all key data on cars
NFTs can represent vehicle ownership, and traders can bundle them in a portfolio
The concept is especially useful in EVs, robo-taxis, and fleets

Toyota is actively exploring the concept of tokenizing cars. On Tuesday, August 19, Toyota Blockchain Lab released a white paper on the Mobility Orchestration Network (MON). This new blockchain would be able to track key vehicle data, potentially turning cars into tokenized assets.

The proposal explains that every vehicle, including logistic trucks, rental fleets, or even robo-taxis, leaves a trail of information behind it. This information, including registration, manufacturing, and maintenance, could be bundled as proof on the network into a token.

Diagram showing Mobility Orchestration Network connecting information across several regions | Source: Toyota Blockchain Lab

Each vehicle would have its own NFT, which comes together with all its history and key info. Potential buyers could then use this information to assess the car’s value. What is more, the network could enable users to buy these NFTs without having to physically control the vehicle.

How Toyota sees the future of car ownership

Toyota Blockchain Lab envisages several use cases for this network. For one, vehicles are expensive. However, unlike housing, they have so far eluded the trend toward financialization. With a blockchain network tracking their use, car ownership and use don’t have to be closely tied together.

For instance, carmakers could bundle multiple car NFTs into a fund, effectively enabling investment in car fleets. The same type of investment vehicle could be used to fund robo-taxi fleets or logistics fleets in emerging markets.

What is more, if cars can be securitized, fleet operators could be able to raise capital more cheaply than through loans. Still, the white paper does not go into how this financialization of car ownership could affect regular car owners or car prices.

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August 19, 2025 0 comments

NFT Gaming

Circle (CRCL) Acquires Malachite to Power Its Upcoming Blockchain Arc

by admin August 18, 2025

Stablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from software development firm Informal Systems, according to a Monday press release.

Several people from Informal Systems will join Circle as part of the acquisition. The firms didn’t reveal details about pricing.

The deal comes as Circle, the company behind the $65 billion USDC (USDC) token, announced last week it’s building its own layer-1 blockchain designed for stablecoin finances, a recent trend among asset issuers aiming to capitalize on the booming sector. Stablecoins, a set of cryptocurrencies with prices tied to an external asset like the U.S. dollar, are projected to become a trillion dollar market and disrupt cross-border payments.

Malachite was built around the Tendermint consensus algorithm and was designed for flexibility and correctness in decentralized systems. Informal Systems developed it as a reusable foundation for blockchain infrastructure, with a focus on performance and security.

Malachite will remain open source under the Apache 2.0 license, leaving developers free to use and extend the technology, the press release said. Informal will continue supporting other use cases for Malachite and advance its other projects, including tools for distributed systems and cross-chain infrastructure.

Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains

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August 18, 2025 0 comments