The innovative move-to-earn initiative Sweat Economy is introducing a new governance vote today in the Sweat Wallet app, allowing the community to determine what will happen to 2 billion idle SWEAT tokens in inactive user accounts. The 2 billion SWEAT tokens, or around 13% of the entire supply, are now
In a significant development for the ticketing industry, NFT-TiX, a leading event ticketing platform, has announced its partnership with Avalanche, a scalable smart contract platform. As part of this collaboration, NFT-TiX will exclusively use Avalanche’s blockchain technology to power its Non-Fungible Token (NFT) ticket offerings. This partnership extends further with
Turbos Finance, a Sui ecosystem initiative, has presented a smart routing system designed specifically for the Sui-Move language. This is a first for a Sui DEX in production and a key innovation for capital-efficient swaps on the young network. Sui users must now wrap USDC on the source network in
In a testament to the unwavering dedication of its formidable investors, Metabet, the pioneering platform in the gaming and metaverse industries, continues to chart an upward trajectory, steadily inching higher every day. Despite encountering occasional selling pressure, these resolute supporters have adeptly thwarted any attempts at market manipulation, ensuring the
North Korea’s most renowned cyber-hacking organization has been linked to a cryptocurrency mixer where illicit proceeds from the $35 million Atomic Wallet attack have been circulating. Elliptic, a provider of blockchain compliance analytics, said on June 5 that its Investigations Team has linked crypto mixer Sinbad.io to the theft of
On-chain specialists verified on June 5 that Multichain protocol transactions were taking place, signaling the return of certain cross-chain bridges. Vice President and admin Tung Dinh of Multichain has verified that router2 has returned to service. The price of Multichain’s native token, MULTI, soared by 40% in a matter of
In order to settle interbank dollar transactions, American multinational financial behemoth JPMorgan Chase & Co. has teamed with six Indian banks to build a blockchain-based platform. The move is part of the Indian government’s strategy to elevate GIFT City, the Gujarat International Finance Tec-City, to a level where it can
Less than one percent of Atomic Wallet’s monthly active customers were affected by the theft that stole $35 million from consumers since June 2, as per the claim by the firm. Atomic Wallet, in conjunction with independent blockchain investigators, has increased its efforts to trace and recover stolen cash after
The monthly industry analysis by DappRadar shows that the market for decentralized apps increased by 9.97% in May. The firm notes that the number of daily unique active wallets (dUAW) has already hit an average of 1,967,051. The study found that the gaming industry and decentralized finance (DeFi) were responsible
In Dubai, a city synonymous with the future, a beacon of technological advancement is set to shine. The Global Tech Innovation Summit 2023 is scheduled for September 26–27, promising to be more than an industry event. It’s an incubator of ideas, a meeting ground for the minds shaping the future
