Arkham Intelligence partners with Sonic Labs for blockchain data integration

Blockchain analytics firm Arkham Intelligence has announced a partnership with Sonic Labs. With this collaboration, Sonic users will gain access to Arkham’s suite of intelligence features, including entity and address tracking, real-time alerts, dashboards, and visualization tools.  This integration aims to enhance transparency and security for users interacting with Sonic’s decentralized finance protocols. Sonic, an […]

Aave to proceed with $63m expansion to Sonic following positive temp check vote

Aave’s governance is now weighing an ARFC proposal to bring V3 to Sonic, backed by a $63 million liquidity commitment. Aave (AAVE) could be heading to Sonic, an EVM-compatible blockchain network from the creators of Fantom, if a fresh governance proposal gains support. Submitted by the Aave Chan Initiative on Jan. 31, the Aave Request […]

Sonic founder claims SEC bullying forced him to leave crypto

Andre Cronje, the founder of Sonic, wrote that pressure from the United States Securities and Exchange Commission led to his abrupt departure from the cryptocurrency industry in 2022. In a new blog post, Cronje detailed a years-long struggle with the regulator that ultimately forced him to step away from public engagement with decentralized finance. Cronje, […]

Sonic adopts Chainlink standard for cross-chain interoperability

Sonic Labs, formerly Fantom, has announced that Chainlink’s cross-chain interoperability protocol is live on the Sonic mainnet. The integration of Chainlink (LINK) with Sonic allows developers to leverage the features and benefits of the oracle network’s infrastructure. According to an announcement, developers can now use the technology to build and deploy decentralized applications accessible on […]

Sonic SVM and AHT tokens get new market pairs on Bithumb

South Korea’s major exchange enables trading with SAFE KRW and KRW markets, emphasizing network-specific guidelines. Bithumb, a prominent cryptocurrency exchange based in South Korea, has introduced new trading pairs for Sonic SVM and AHT. AHT (AHT) is now available for trading on the KRW market, while Sonic SVM (SONIC) will be traded in the SAFE […]

Sonic integrates Circle’s bridged USDC

Sonic Labs has announced that the Ethereum virtual machine layer-1 chain Sonic now supports the bridged version of Circle stablecoin USDC. The USDC.e stablecoin on Sonic, bridged from native USDC (USDC) on Ethereum via the Sonic Gateway, is now live on the EVM L1. Sonic will leverage Circle’s bridged USDC standard, according to an announcement […]

Sonic and Galaxy Interactive launch fund for Web3 gaming

Sonic SVM and Galaxy Interactive have announced the launch of G.A.M.E. Fund 1, a $200,000 to $1 million initiative. This initiative is made to accelerate Web3 gaming, AI agent development, and TikTok content creation, according to a company release shared with crypto.news. The fund is designed to empower developers operating within Sonic’s Solana (SOL) Virtual […]

FTM could rally over 250% following its transition to Sonic: analysts

Crypto experts predict Fantom could potentially surge by over 250% after multiple bullish patterns emerged on its charts. According to analyst CryptoBoss, with over 189k followers on X, Fantom (FTM) could see its next bull run soon following the anticipated Sonic upgrade, which will transition its network to a more scalable and efficient architecture, enhancing […]

Solana L2 Sonic to launch native token on January 7

Sonic, the Solana Virtual Machine chain for games and applications on Solana, will unveil its native token SONIC on January 7. On Dec. 31, the Sonic team said the layer-2 chain’s token generation event on Solana (SOL) will have 57% of the token’s total supply allocated to the community. The distribution will include SONIC reserved […]