Powerhive and Telcoin Revolutionize Mobility Financing with Blockchain
Powerhive and Telcoin have announced a groundbreaking partnership to create the world’s first blockchain-powered mobility financing platform. This initiative, unveiled at the Mobile World Congress 2025, aims to democratize mobility financing in emerging markets by leveraging blockchain technology, regulated Digital Cash, and mobile-first payment systems. According to Business Wire, the collaboration introduces Smart Equity Tokenization, enabling investors to fund electric mobility infrastructure and earn automated, on-chain dividends from service revenues.
Christopher Horner, CEO of Powerhive, emphasized the transformative potential of blockchain-powered investment models, which allow investors to benefit directly from real-world asset usage. Telcoin, with its self-custodial wallet and mobile-first payment solutions, strengthens financial inclusion and cross-border remittances. The Powerhive token is set to launch in Q2 2025, marking a significant milestone in integrating blockchain with sustainable transport infrastructure. For more details, visit Business Wire.
Reddit’s Bid to Acquire TikTok’s U.S. Operations and Integrate Blockchain
Reddit co-founder Alexis Ohanian has confirmed his involvement in Project Liberty’s bid to acquire TikTok’s U.S. operations, with plans to integrate blockchain technology into the platform. As reported by TipRanks, the initiative aims to decentralize TikTok’s data structure, giving users and creators more control over their data and audience. The project, built on Polkadot’s Frequency network, seeks to shift power away from corporations and toward individual users.
Ohanian’s history with blockchain, including Reddit’s previous investments in Bitcoin, Ethereum, and Polygon, fuels his vision for a user-owned network. If successful, this acquisition could transform TikTok into a blockchain-backed platform, potentially sparking interest in decentralized social media. Analysts remain optimistic about Reddit’s stock, which has seen significant growth since its IPO. For further insights, refer to TipRanks.
Kyrgyzstan’s Blockchain Strategy: A Gold-Backed Stablecoin
Kyrgyzstan is setting itself apart in the blockchain space with its gold-backed stablecoin, the Gold Dollar (USDKG), and a comprehensive blockchain strategy. Cointelegraph reports that the country’s approach focuses on economic security and institutional trust, embedding blockchain into its banking system and financial regulations. The USDKG, initially collateralized with $500 million worth of gold, ensures financial stability and transparency through regular audits and proof-of-reserves systems.
This stablecoin is designed for trade, cross-border transactions, and remittances, offering a low-cost alternative to traditional banking. Kyrgyzstan’s strategy highlights the potential of blockchain to modernize financial systems while maintaining stability. The initiative could serve as a model for other nations exploring government-backed stablecoins. More details are available on Cointelegraph.
Crypto Fundraising Networks Linked to Terror Groups in India
A report by TRM Labs has uncovered links between the Islamic State Khorasan Province (ISKP) and crypto fundraising networks in India. According to The Hindu, the TRM Labs 2025 Crypto Crime Report highlights the use of Monero (XMR) by ISKP for clandestine fundraising campaigns. Monero’s advanced privacy features make it a preferred choice for obscuring financial activities, though its volatility may lead to a shift toward stable cryptocurrencies in the future.
The report also notes an increase in the use of unhosted wallets and cryptocurrency mixers by terror groups to evade detection. These developments underscore the growing sophistication of illicit crypto activities and the challenges faced by law enforcement. For a detailed analysis, refer to The Hindu.
Sources:
- Bitcoin Blockchain Used To Secure Results Of Tennessee County’s Republican Convention Vote
- Powerhive and Telcoin Partner to Build the World’s First Blockchain-Powered Mobility Financing Platform
- North Korean Fake IT Workers Pose as Blockchain Developers on GitHub
- Reddit Pushes to Buy TikTok’s U.S. Arm and Put It on Blockchain
- El Salvador 2.0? How Kyrgyzstan’s blockchain strategy stands apart
- Terror outfits’ crypto fundraising networks found in India: US blockchain intelligence