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Sonic Labs’ S Token Now Spendable via Redotpay Crypto Card
13.6.2025
Sonic Labs, previously known as Fantom, has revealed a partnership with Redotpay Card, enabling users to spend its native S token and stablecoins like traditional debit or credit cards. S Token Gains Real-World Spending Utility Through Redotpay Card The card, functional wherever Apple Pay or Google...
Sonic Labs Wins Court Order to Liquidate Multichain Foundation
16.5.2025
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court...
Sonic Labs wins judgment for Multichain Foundation to wind up
15.5.2025
A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.In the May 9 judgment in the Singapore Supreme Court, Justice Kwek Mean Luck granted a request from Sonic Labs, formerly...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
Sonic Labs says its layer-1 blockchain will go public ‘soon’
3.12.2024
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio
Sub-Second Finality—Sonic Labs Unveils Blaze Testnet 2.0
30.11.2024
Sonic Labs has unveiled Blaze, its upgraded testnet 2.0, showcasing groundbreaking advancements in the blockchain’s speed and efficiency. Sonic Labs’ Blaze Testnet Pushes Blockchain Boundaries The Sonic blockchain is an up and coming layer one (L1) Ethereum Virtual Machine-compatible network...
Andre Cronje critiques appchains: High costs and liquidity challenges
13.10.2024
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges
Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality
12.9.2024
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of...
Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
19.7.2024
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera,...