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Tron’s gas revenue increased by 46.54% in August 2024, reaching $61.43 million according to data from Lookonchain. This surge significantly outpaced other major blockchain networks such as Ethereum, Solana, and Bitcoin, all of which saw declines in gas revenue during the same period. Ethereum’s gas revenue fell by 33.44%, Solana’s
Ripple, a leading blockchain-based digital payment network and protocol, has announced significant advancements in Korea and Japan. The company has forged valuable partnerships with a plan to enhance the adoption and functionality of blockchain technology across institutions in these regions. In a long X (Twitter) thread today, Ripple revealed that
To further enhance the already thriving Web3 ecosystem in the United Arab Emirates, Klumi Ventures, the first regulated Web3 Venture Capital and Fund Manager with its headquarters in Abu Dhabi, and DWF Labs, a new generation of Web3 investor and market maker, have teamed together. In keeping with the Abu Dhabi
The TON blockchain processed an unprecedented 46 million transactions in a single week, according to blockchain analytics firm IntoTheBlock. This surge in activity has been largely attributed to the recent excitement surrounding the DOGS token airdrop. The TON blockchain processed over 46 million transactions last week, driven by the excitement
The cryptocurrency sector is always evolving for which upgradation is a cornerstone. Web3 development thrives on the constant upscaling of networks and blockchains. Over the weekend, the Cardano ecosystem’s much-awaited Chang Upgrade went live. The upgrade brings new updates and will transform certain key aspects of the network. Notably, the
The most influential blockchain conference in Asia, Blockchain Week 2024, is delighted to announce that Mark Karpelès, the former CEO of Mt. Gox and a pioneer in the blockchain sector since 2009, will be one of the featured speakers at its flagship event, KBW2024: IMPACT. Mark Karpelès became a founding member of
FLock and io.net have collaborated to develop the first Proof of AI (PoAI) consensus mechanism in the world, which validates the integrity of nodes functioning inside a decentralized compute network. Through the completion of compute-intensive AI training tasks, decentralized physical infrastructure networks (DePINs) may use PoAI to verify the integrity of DePIN nodes. PoAI
With the launch of its esteemed Polkadot Blockchain Academy in the digital sphere, Polkadot, the multichain ecosystem driving the push for a better web, is preparing the next generation of blockchain/web3 builders. It is becoming more and more difficult to train developers to create the next generation of the internet due to
Layer 1 blockchain Kaia has announced the official launch of its mainnet, as well as the Kaia Wave builder support program developed by Kaia and LINE NEXT to promote consumer adoption of web3 services. With more than 400 partners on board, Kaia, which was formed via the merging of the L1
As market volatility becomes the norm, investors are increasingly seeking safe havens for their assets outside of traditional options like the S&P 500. Historically, assets like gold, real estate, and government bonds have served as refuges during economic downturns. However, as markets continue to evolve, the need for alternative investment
