Most crypto projects exist only in digital form, living solely as code on remote servers with little to no physical foundation. BlockDAG (BDAG) is taking a stronger, more tangible approach by creating a real, hardware-based network.

This development is not just an idea; it’s actively unfolding. More than 20,000 X-series mining machines have been sold and are being shipped to users worldwide, offering concrete proof of progress. This physical network layer is what distinguishes BlockDAG from many software-only projects. Alongside this, the presale continues to break records, having raised $430M+ with over 27 billion BDAG coins sold at a limited-time price of $0.0015, while Batch 31 is valued at $0.0304.

From Concept to Confirmation: Physical Proof Beyond the Whitepaper

In crypto, many projects gain traction through lengthy whitepapers and big promises. However, these remain theoretical until proven. BlockDAG has skipped the uncertainty stage by manufacturing and dispatching thousands of X-series miners, including the X10, X30, and X100, even before its mainnet launch.

This approach replaces words with evidence, showing real infrastructure being built. The project isn’t just selling hardware; it is constructing a distributed system where community members worldwide contribute to its strength. This hands-on progress represents a shift from theoretical planning to verified delivery, confirming BlockDAG’s focus on long-term network stability and reliability.

Achieving True Decentralization with Global Distribution

Decentralization is more than a buzzword; it’s about eliminating single points of failure. Many networks depend on a few servers, meaning one outage could disrupt the entire system. BlockDAG’s vision takes decentralization to another level.

By distributing 20,000+ miners globally, each contributing processing power from different regions, the network gains resilience and balance. No central authority can control or disable the system. This hardware-driven spread ensures that from day one, the mainnet is both secure and community-operated. This real-world deployment demonstrates what genuine decentralization looks like, a community-powered infrastructure built to last.

The X-Series Line: Foundation of BlockDAG’s Network

These 20,000+ miners form the structural core of BlockDAG’s blockchain ecosystem. They validate transactions, secure the network, and sustain operations efficiently. Each model in the X-series serves a unique role:

• X10 Miner: Compact, user-friendly, and perfect for home operation, allowing anyone to participate.
• X30 Miner: A mid-range powerhouse combining energy efficiency and speed for steady mining output.
• X100 Miner: A high-performance unit designed for large-scale users, adding immense hash power to the network.

Together, they form a robust base for BlockDAG’s blockchain, ensuring performance, reliability, and participation on a global scale.

Why Hardware Brings Confidence to the Community

One of the most frequent concerns about new crypto projects is authenticity. A real hardware framework provides clarity and reassurance. Selling and shipping 20,000+ miners proves that BlockDAG operates beyond concepts; it’s physically delivering results.

This hardware base ensures network longevity and supports its growing ecosystem of applications. Instead of being controlled by a few validators, the system empowers thousands of users globally. This structure guarantees transparency, performance, and fairness while cementing BlockDAG’s role as a hardware-backed project with visible progress.

Upcoming Binance AMA: Global Insights Before Genesis Day

With global shipments ongoing and demand for BDAG coins soaring, BlockDAG’s next major event is set to make headlines. An exclusive AMA hosted on Binance this Friday, October 24, at 3 PM UTC, will provide insider insights, development updates, and previews ahead of Keynote 4: The Launch Note and Genesis Day. This milestone underlines BlockDAG’s openness and readiness for its next growth chapter.

Final Say

BlockDAG stands apart by turning vision into verifiable reality. Instead of relying solely on digital claims, the project has built a decentralized ecosystem with physical proof, 20,000+ miners deployed across the globe. This groundwork makes the network resilient, community-driven, and primed for success.

While others remain in the whitepaper stage, BlockDAG’s hardware-backed approach bridges imagination and reality, offering a model for future blockchain growth grounded in transparency and performance.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

JPMorgan Chase & Co. is preparing to allow institutional clients to use Bitcoin and Ether holdings as collateral for loans by the end of the year, according to a Bloomberg report.

The initiative will operate globally and rely on a third-party custodian to securely hold the digital assets. This marks a significant step beyond the bank’s earlier practice of accepting crypto-linked exchange-traded funds (ETFs) as collateral.

Initially, JP Morgan allowed clients to use financial products tied to the value of cryptocurrencies such as Bitcoin or Ether ETFs, as collateral for loans or other financing activities. These ETFs track the performance of crypto assets but are traded on regulated exchanges, making them easier for banks to manage under existing financial and compliance frameworks.

In essence, the bank was engaging with crypto exposure indirectly through regulated investment instruments, rather than through the direct custody or acceptance of actual digital assets. The upcoming move to accept Bitcoin and Ether themselves as collateral represents a deeper step into the crypto space, signaling greater confidence in the maturity of digital asset markets and the infrastructure supporting them.

Also, the move comes as the Bank CEO Jamie Dimon, who was once a strong critic of cryptocurrency, describing it as “fraud”, has finally softened his stance on the digital asset. Lately, Dimon has moderated his stance somewhat, while remaining skeptical. “I don’t think we should smoke, but I defend your right to smoke,” he said at JPMorgan’s investor conference in May. “I defend your right to buy Bitcoin, go at it.”

JPMorgan’s latest move comes as it opened its new global headquarters at 270 Park Avenue, marking a major milestone in its commitment to New York City. The tower will be home to 10,000 employees by the year-end.

With Bitcoin’s sustained price rally and a more accommodating regulatory environment under the current U.S. administration, JP Morgan is not the only bank exploring crypto-related services. Across the financial sector, similar developments are underway.

Recent regulatory adjustments in the United States have encouraged other banks to design digital asset services, ranging from cryptocurrency trading and wallet management to tailored investment strategies.

Here’s an overview of some of the key players and their initiatives:

Morgan Stanley

Morgan Stanley became the first major U.S. bank to offer Bitcoin funds to its wealth management clients. Through partnerships with firms such as Galaxy Digital and NYDIG, the bank provides exposure to Bitcoin investment products. It continues to research digital asset infrastructure and is assessing opportunities in decentralized finance (DeFi).

Citigroup (Citi)

Citigroup has been building a digital assets division focused on developing blockchain-based solutions for trade finance, securities services, and cross-border payments. The bank has also tested tokenized deposits and recently received regulatory approval to provide digital asset custody and settlement services to institutional clients.

Bank of New York Mellon (BNY Mellon)

BNY Mellon, the world’s largest custodian bank, has launched a digital asset custody platform, allowing clients to hold and transfer cryptocurrencies like Bitcoin and Ether alongside traditional investments. The bank’s move reflects its belief that digital assets are becoming an essential part of modern investment portfolios.

Standard Chartered

Standard Chartered has been particularly active in the crypto ecosystem. Through its subsidiary Zodia Custody, the bank provides institutional-grade crypto custody services in partnership with Northern Trust. It also operates Zodia Markets, a digital asset trading platform offering spot and over the counter (OTC) services for institutional clients.

HSBC

Although traditionally cautious about crypto, HSBC has entered the digital asset space through tokenization and blockchain pilots. It has launched projects involving tokenized gold and is exploring central bank digital currency (CBDC) integration for international payments.

Executives in the industry emphasize that blockchain-based infrastructure is now mature enough to support mainstream adoption. They note that clients should have seamless access to both digital and traditional assets within a single financial platform, a shift that signals the growing convergence of conventional finance and the crypto economy.

Overall, these developments illustrate how traditional banks are no longer treating crypto as a fringe asset but as an emerging component of global finance.

By offering custody, trading, and tokenization services, these institutions aim to bridge the gap between traditional finance (TradFi) and the rapidly expanding digital asset economy, a trend expected to accelerate as regulations evolve and institutional demand grows.