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Pakistan is developing special electricity tariffs to attract cryptocurrency mining operations as part of a strategy to use the country’s surplus power generation capacity. According to a report by Dawn , the Power Division is consulting with various stakeholders to create attractive electricity rates for these industries without introducing subsidies. The initiative plans to use excess power production while reducing capacity payments. This approach could appeal to cryptocurrency miners, who generally spend 60-70% of their earnings on electricity costs. Pakistan’s current surplus electricity situation offers potential competitive advantages. Power Minister Awais Leghari recently met with Bilal Bin Saqib, chief executive of the newly formed Pakistan Crypto Council (PCC), to discuss opportunities for global crypto miners to leverage Pakistan’s excess electricity. This was followed by the PCC’s inaugural meeting chaired by Finance Minister Muhammad Aurangzeb and attended by key financial regulators. During the meeting, Saqib presented a vision for “leveraging Pakistan’s surplus electricity for Bitcoin ( BTC ) mining, potentially turning the country’s liabilities into assets.” The council discussed Pakistan’s untapped potential in the cryptocurrency space. They also identified regulatory clarity as a key requirement for unlocking the sector’s full potential. The council agreed to learn from global best practices while ensuring business and revenue models are adapted to local conditions. They also discussed the development of regulatory frameworks, legislation, and licensing regimes for consumer protection, blockchain mining, and a national blockchain policy. Pakistan’s approach to cryptocurrency mining comes as various countries have taken different approaches to the energy-intensive industry. China, once the global hub for Bitcoin mining, banned the practice in 2021, citing environmental concerns and power shortages. Kazakhstan initially welcomed crypto mining but later imposed higher electricity tariffs and taxes due to energy shortages. El Salvador, the first country to adopt Bitcoin as legal tender, provides miners with low-cost geothermal energy from volcanoes.

Justin Sun, the founder of the TRON blockchain, recently addressed community discussions regarding a proposal to reduce TRX block rewards. This aims to slow the rate at which new TRX tokens enter circulation, implementing a Bitcoin-like halving mechanism designed to control inflation and potentially increase the asset’s long-term value. In a post on X , Sun highlighted that TRX already operates under a deflationary model, with an annual reduction of 1%, making it the only major cryptocurrency with built-in deflation. However, as TRX’s price has surged, the rewards for block-producing nodes have also grown significantly, prompting discussions about the need for a moderate reduction in block rewards. “Bitcoin followed a similar path,” Sun explained. “In its early days, higher rewards were necessary to bootstrap the network. But as Bitcoin’s value increased, block rewards were gradually reduced, and the halving cycle became a key factor in its long-term sustainability, aligning with Satoshi Nakamoto’s original vision.” Sun outlined how different levels of block reward reduction could impact TRON’s economic model, emphasizing the potential benefits of a more deflationary structure. A daily reduction of 1 million TRX would raise the deflation rate to 1.5% per year, a 50% increase from the current rate, while a larger cut of 2 million TRX per day would double the deflation rate to 2% per year, making TRX’s emission model even more aligned with Bitcoin’s halving cycle. Despite concerns about lower block rewards, Sun reassured the community that validators would still remain highly incentivized due to TRON’s expanding network activity and multiple revenue streams beyond block rewards. He emphasized that TRON validators are not solely reliant on block rewards for profitability, as they benefit from transaction fees generated by increased network usage, staking rewards for securing the network, and higher token value resulting from increased scarcity. As the founder explained, these factors would help maintain validator incentives while promoting long-term sustainability within the TRON ecosystem. Sun emphasized that these mechanisms would help balance out the impact of lower block rewards. According to the proposal , these changes will benefit all validators, align TRX block rewards with the maturity of the TRON network, and promote sustainable ecosystem growth. As mentioned in our previous report , TRON is planning to expand its ecosystem by integrating the TRX token into the Solana blockchain. This integration will allow TRX to be traded on Solana-based decentralized exchanges (DEXs) and liquidity platforms, strengthening its presence within Solana’s DeFi ecosystem. In addition to this development, Justin Sun recently hinted in a post on X that a TRX Exchange Traded Fund (ETF) may be in the works, a move that could further boost liquidity and attract more institutional investors. Currently, TRX is trading at $0.23, reflecting a 0.7% increase in the past 24 hours and an impressive 93.7% surge over the past year. However, TRX’s trading volume has dropped by 22.2% in the last 24 hours, settling at $517 million.

Dubai is revolutionizing real estate with blockchain-powered RWA tokenization , unlocking a $16 billion market opportunity. The Dubai Land Department (DLD) is piloting a program to digitize property title deeds on the blockchain, making real estate investment more accessible, transparent, and efficient. This initiative aligns with Dubai’s 2033 real estate vision, reinforcing its position as a global technology hub and attracting investors worldwide. Dubai’s tokenization initiative marks a shift in real estate investment. Here’s how RWA (Real World Assets) tokenization compares to traditional real estate: Dubai’s tokenization initiative allows retail investors to own fractions of high-value properties, a game-changer compared to traditional ownership models. Dubai’s real estate tokenization initiative is a game-changer, integrating blockchain technology into property investments. As the market moves toward a projected $16B valuation, Dubai is setting a global benchmark for real estate innovation. With increasing regulatory clarity and strategic partnerships , this move could reshape real estate investment worldwide.

The price of EOS rose 25% following news of its rebrand to Vaulta and a shift toward web3 banking. EOS ( EOS ) gained 25% to $0.61 after the network announced plans to rebrand as Vaulta to “realize the vision of web3 banking.” In a press release on Tuesday, March 18, EOS said the transition, which includes a token swap, is expected to take place by the end of May, though the timeline still remains subject to change. Yves La Rose, founder and CEO of the Vaulta Foundation, claims the shift represents “more than just a name change,” adding that Vaulta is the “product of years of planning, strategic development, and thoughtful design.” The rebrand follows a prolonged period of weak price performance for EOS, which has struggled to recover not only from its all-time high in 2018 but also from its 2021 levels, which were more than 30% lower than its peak. The transition is described as part of a broader effort to integrate blockchain with traditional financial services. According to the announcement, Vaulta will act as an operating system for web3 banking, aiming to provide scalable and decentralized financial services. The network will also introduce the Vaulta Banking Advisory Council, a group of banking experts tasked with helping to bridge traditional finance with blockchain. Meanwhile, blockchain security firm SlowMist issued a warning about address poisoning attacks on wallets holding EOS. According to the firm, bad actors are sending out 0.001 EOS to users to lure them into unknowingly interacting with fraudulent addresses. These attackers create wallet addresses that closely resemble legitimate ones, hoping users will mistakenly copy and paste the wrong address when making transactions. As part of the rebrand plans, Vaulta will integrate with exSat, a Bitcoin digital banking solution, adding that exSat’s services will “complement Vaulta’s BankingOS,” positioning BTC as a key component of its financial model. Further details, including the new token ticker and additional partnerships, are expected to be announced in the coming months.

Tron’s native cryptocurrency, TRX, has seen a significant 6% climb today following an announcement from its founder, Justin Sun. Sun revealed plans to aggressively develop the meme coin ecosystem on the Tron blockchain, a move that has clearly resonated with the market. This news triggered a strong market reaction, with daily trading volumes soaring 64.66% to over $1.16 billion. In the last 48 hours, TRX has rebounded by 15%, bouncing off key support at $0.21. Justin Sun took to X (formerly Twitter) to share his vision, stating that the initial step in Tron’s meme coin adoption will be his commitment to not personally profit “a single cent from memes.” This declaration appears to have instilled confidence among investors. Furthermore, the crypto entrepreneur made a bold promise that any losses will be “fully covered” by Sun himself, adding that all proceeds will be donated. His commitment to meme projects without personal financial gain has strengthened investor confidence, fueling speculation of further price growth. Meanwhile, Sun confirmed that TRX, the native token of the Tron ecosystem, will soon be made available on the Solana (SOL) blockchain network and asked developers to get “ready to buy and collaborate.” Related: Justin Sun Wins Defamation Case Against Sina, Setting Crypto Misinformation Precedent Analysts are setting ambitious price targets for TRX. Popular crypto analyst Javon Marks has forecasted a massive price surge, predicting that TRX is on track to reach $1.11, a 516% increase from its current levels. Adding to the bullish outlook, social analytics platform LunarCrush reports a significant spike in community engagement on Justin Sun’s blockchain protocol. Tron now accounts for 1.05% of all crypto-related discussions, underlining the rising investor interest in TRX. TRX currently trades at $0.2344, up 6% in the last 24 hours, CoinMarketCap data shows. The digital asset reached a daily high of $0.243 and has successfully reclaimed the 20-day Exponential Moving Average (EMA) at $0.2304, which is now being retested as a support level. The Relative Strength Index (RSI) is currently at 53.09, indicating a neutral momentum. However, a move above the 60 mark could signal further strengthening of bullish momentum, while a drop below 45 might suggest a potential pullback. Related: HTX Hints at Justin Sun & Trump Crypto Ties in Cryptic Post The upper Bollinger Band resistance is at $0.2505, while support lies at $0.2135. A breakout above resistance could propel TRX toward the $0.30-$0.35 range, whereas a breakdown might test the $0.21 support level again. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.