Share this article
Dapp Data Storage Provider Bluzelle to Begin Mainnet Launch in August
Distributed data storage network Bluzelle will begin the launch of its mainnet on Aug. 8, the company said Thursday.
Updated Sep 14, 2021, 9:38 a.m. Published Jul 30, 2020, 12:00 p.m.
Make us preferred on Google
Distributed data storage network Bluzelle, headquartered in Singapore, will begin the launch of its mainnet on Aug. 8, the company said Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to a press statement, phase 1 of the mainnet will enable users to stake tokens and earn rewards for participating in the network’s validation process.
- Participants are required to create a BluzelleNet address using the Bluzelle staking platform to start earning BLZ, which will be deposited to their addresses every 24 hours.
- The launch also marks the platform’s transition to the newest version of Tendermint.
- Bluzelle CEO Pavel Bains told CoinDesk that, unlike Filecoin and Storj, which provide file storage services to customers as Dropbox does, Bluzelle facilitates the storage of data particularly for application developers.
- The network, marketed as the “Airbnb of databases” will allow developers to pay for storage space and write to the decentralized database, the statement said.
- Bluzelle raised $19.5 million in its initial coin offering (ICO) in 2018 to create the network of decentralized databases.
- The mainnet will launch in full on Sept. 8.
Read more: The Decentralized Web Just Might Need Databases, Too
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Silver nears $1 billion in volume on Hyperliquid as bitcoin remains frozen: Asia Morning Briefing
Silver perps have more volume on Hyperliquid than SOL or XRP.
What to know:
- Silver futures on the Hyperliquid crypto derivatives exchange have surged to become one of its most active markets, ranking just behind bitcoin and ether in trading volume.
- The SILVER-USDC contract’s high volume, sizable open interest and slightly negative funding suggest traders are using crypto infrastructure for volatility and hedging in macro commodities rather than for directional crypto bets.
- Bitcoin is holding near $88,000 in a "defensive equilibrium" with cooling ETF inflows, uneven derivatives positioning and rising demand for downside protection, while ether lags and capital rotates toward hard assets like gold and silver.
Top Stories
