In order to foster the expansion of its distributed ledger technology (DLT) in the Middle Eastern area, the open-source blockchain developer Iota said on November 29 that it is establishing a foundation, the Iota Ecosystem DLT Foundation, with an office in Abu Dhabi. A total of $100 million worth Iota
With the goal of bringing blockchain-based games to the 800 million users of the messaging app Telegram, Web3 investment company Animoca Brands becomes the biggest validator on The Open Network (TON) blockchain. We’re pleased to announce that we have officially become the largest validator of @ton_blockchain. As projects look to
Tech mogul Mark Cuban is making waves in the real estate sector with his bold vision for integrating blockchain technology into large-scale urban development projects. Building on entrepreneur Jason Calacanis’ city proposal, Cuban is supporting the use of blockchain to revolutionize real estate development. On November 27, venture capitalist Jason
Jae Kwon, the founder of Cosmos, publicly opposed a motion passed by the Cosmos hub governing council. In retaliation, Kwon has declared his intent to fork a new network called AtomOne from the existing Cosmoshub4. The forthcoming network will function independently, complete with its own governance plan and development staff,
A proposal to reduce the maximum inflation rate of Cosmos (ATOM), the native token of Cosmos Hub, from 14% to 10% has been approved by the governing council. The approved change will reportedly cut ATOM’s annualized stake income from around 19% to about 13%. The Cosmos Hub is the key
Polkadot (DOT) has announced its intention to eventually phase out parachain auctions, which have been vital to the protocol’s success since its creation. Pierre Aubert, the new VP of Engineering at Parity Technologies (the firm behind the Polkadot protocol), has revealed that the company has plans to replace Parachain auctions
DeBank, a blockchain analytics platform, reports that in the four days following the debut of the Web3 protocol Blast network, it has amassed more than $400 million in total value locked (TVL). Tuesday saw the unveiling of Blast, a new scaling network built on Ethereum. Most Layer-2 networks are competitive
According to on-chain data, since November 1st, a whale has bought nearly 40 million(Worth about $60 million USD) ARK coins(22.5% of the total ARK supply.) from Binance and withdrew them to cold wallets. Associated wallets: Introduction: ARK, a blockchain platform renowned for its commitment to interoperability, has been making waves
India’s largest crypto gala Metamorphosis 2023 is set to kick off in December, gathering the ambitious web3 community in Bangalore. Hosted by Octaloop, a blockchain consulting and marketing firm, the event is scheduled for December 9 and 10, 2023, at The Den. Remarkably, Metamorphosis stands as a lively celebration of
Klever is overjoyed to announce a defining moment in our pursuit of blockchain innovation: a remarkable $20 million investment commitment from GEM Digital Limited. This significant infusion, equally distributed with $10 million dedicated to each of our KLV and KFI tokens, is a resounding vote of confidence in our vision
