Copyright CryptoSlate

Road Town, BVI, October 22nd, 2025, Chainwire Xone Chain has issued a formal statement to address unsubstantiated online claims attempting to associate the project with Huione. After an internal comprehensive review of governance records, public filings, and blockchain data, Xone team confirms that no relationship of any kind exists between the two entities. The Xone Team says that Industry analysts and data verifiers have found no shared infrastructure, funding mechanisms, or governance links between Xone and Huione. The rumors, according to the company, are entirely unfounded and appear to have originated from unverified social media commentary rather than credible sources. Independent Blockchain Architecture and Legal Structure Xone Chain is an independent Layer-1 blockchain network operating under XONE Network Ltd., an entity incorporated in the British Virgin Islands (BVI). The project manages Local Operating Entities (LOEs) across various jurisdictions to ensure compliance and transparent community participation. All operational, financial, and governance activities are publicly documented through Xone’s official compliance bulletins and network repositories. The project’s Compliance Framework establishes strict boundaries for jurisdictional participation, brand usage, and disclosure — ensuring lawful, auditable operations at every level. No Evidence Supporting Allegations Xone’s codebase, validator network, and governance systems are fully transparent. The team conducted a comprehensive on-chain review shows no wallet interactions, developer signatures, or governance votes linked to any organization associated with Huione. Additionally, Xone’s public blockchain repositories and compliance filings are independently verifiable, reflecting a development model that is open, audited, and community-driven. Technology and Transparency Drive Xone’s Growth Xone Chain’s momentum is fueled by its EVM-compatible, Cosmos SDK-based hybrid architecture, delivering fast finality, privacy protection, and scalability. This combination has made Xone a rising name among developers and institutions — potentially contributing to confusion among those unfamiliar with the project’s origins or governance. However, the company emphasizes that its growth is entirely organic and transparent, achieved through verifiable technical progress and open community participation. Commitment to Accuracy and Responsible Reporting Xone urges media platforms, researchers, and social commentators to verify claims using official, publicly available data before publication. The company reiterates that Xone has no connection to Huione and remains committed to transparency, lawful compliance, and sustainable blockchain innovation. For official updates and documentation: Website: https://xone.org Telegram: https://t.me/hello_xonechain Twitter/X: https://x.com/xone_chain Disclaimer: This statement is carried out by an agent representing Xone.org. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.. Contact