Imagen Network (IMAGE) Developer to Allocate $43 Million to Kickstart AI Social Tools on Solana

Funding will accelerate the deployment of high-speed, AI-powered social modules built on Solana’s scalable infrastructure. June 19, 2025 1:00 AM EDT | Source: Kaj Labs Singapore, Singapore–(Newsfile Corp. – June 19, 2025) – Imagen Network, the decentralized AI-driven social platform, announced that its core developer has allocated $43 million to develop and deploy new…

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Africa Crypto News Week in Review: Visa Partners with Yellow Card, Empowa Expands, Crypto Reforms in South Africa

In our latest Africa crypto news, Visa is partnering with Yellow Card as Empowa expands to Nigeria. Crypto players in South Africa are pushing for reforms to unlock tax revenue. Blockchain housing startup Empowa is expanding its presence in the Nigerian market after partnering with local players in the housing sector. Meanwhile, the international card…

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The True Cost of MEVs for Blockchains

A new report from Flashbots has warned that Maximum Extractable Value (MEV) is quietly becoming one of the biggest roadblocks to blockchain scaling. According to the research, rampant “spam auctions” driven by MEV searchers are systematically consuming most of the new capacity on high-throughput chains like Solana and Ethereum Layer-2s (L2s), neutralizing scaling gains and…

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