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TON (The Open Network), the Telegram-linked L1 ecosystem, registers an impressive growth of 1182% in TVL (total value locked) over Q1 2024 — from $13.79 million in January to $176.87 million till date. The ecosystem also recorded remarkable spikes in various metrics in recent months. The initiation of The Open
CESS Fostering Innovation and Showcasing the Power of Web3 Decentralized Storage and CDN in Series of High-Profile Events in Dubai CESS is a high-performance, blockchain-powered decentralized storage and content delivery network infrastructure. The platform allows users, creators, and builders to share data and develop and deploy dApps of all kinds
Bitcoin’s recent halving event, one of the most anticipated moments in the cryptocurrency world, has come and gone, leaving the market in a state of correction. Over the past couple of months, the journey for crypto investors has been nothing short of a rollercoaster ride, marked by Bitcoin’s intense swings
Vitalik Buterin, co-founder of Ethereum, has discussed at a new cryptographic proof method that would make zero-knowledge proofs more efficient. A method for fast cryptographic proofs over binary fields, “Binius,” was detailed in a blog post by Buterin on April 29. The system aspires to achieve substantial performance improvements over
With the finalization of a $10 million investment round, London-based Harris and Trotter Digital Assets, a worldwide cryptocurrency accounting business, has taken a big step toward solving accounting issues that affects all Web3 projects. The round was headed by Orbs and includes investments from RE7 Capital, Kingsway Capital, and other notable Web3
In response to the SEC’s demand that Terraform Labs and its co-founder Do Kwon pay $5.3 billion in disgorgement and civil penalties, the company’s legal team has submitted a motion in opposition to the request. After a jury found Terraform and Kwon guilty of fraud, their defense team requested a
In its pursuit of expanding its crypto footprint, financial service provider Stripe has signed a strategic relationship with blockchain network Avalanche. Taking to X, Avalanche announced the major integration with Stripe, saying that the popular payment platform now allows customers to buy AVAX directly. Importantly, these users may finish their
According to security company SlowMist, LinkedIn users are being targeted by the North Korean-backed cyber-hacker group Lazarus Group, who is pretending to be an executive member of the Chinese blockchain asset management business Fenbushi Capital. A screenshot uploaded on X by SlowMist’s chief information security officer shows the con artist
Friend.Tech, a widely popular web3 social app, is all set to roll out V2 release today (Monday), signaling its move beyond X (Twitter). Anticipation mounts within the community as they await updates on the potential FRIEND token airdrop. This SocialFi protocol, dubbed the “marketplace for your friends,” went viral in
An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in
