Recently, Toncoin—the native token of the TON (The Open Network) made a huge leap forward. The statistics revealed by ‘The Block Pro’ today indicates that the number of daily active addresses on the network increased by an astounding 5360% year-over-year this month. In addition, analytics, gaming (P2E), and investments are
A recent update to Hydra has caused the Total Value Locked (TVL) of Cardano Decentralized Finance (DeFi) to rise. According to DeFiLlama’s data, the Cardano DeFi TVL has reached $243.17M. In little over two weeks, the network has seen a rise of almost 20% compared to July 6. With a
Despite the market volatility and the disappointing CrowdStrike failure, the Bitcoin (BTC) mining hashrate has stayed relatively unchanged. This hashrate really saw a significant uptick, which happened to coincide with the current uptick in the price of Bitcoin. The current Bitcoin mining difficulty is estimated at 82.05 trillion, according to
The chief executive officer of blockchain firm Messari, Ryan Selkis, has resigned. Part of the reasoning for the choice was what happened last week leading up to the US presidential elections. Selkis has been outspoken on the necessity for transparent regulation of the cryptocurrency sector and other related laws. The
Industry’s one of the leading digital asset custodians, Copper, today announced that it has expanded on a prior initiative with the Swiss non-profit DFINITY Foundation, a major contributor to the Internet Computer (ICP), to allow institutional investors to securely hold and stake their ICP assets directly in the Copper Platform. Copper will
On July 19, Mudit Gupta, CISO of Polygon Labs, confirmed that despite a global IT infrastructure outage caused by a CrowdStrike update, their systems were unaffected. Gupta stated that Polygon Labs employs CrowdStrike’s services but ensures rigorous testing of updates, a key security measure that shielded them from disruption. The
The crypto world has seen an increase in hacks recently, with one notable incident involving the Indian exchange WazirX, which lost nearly $230 million. Each transaction’s caller in this hack was funded by Tornado Cash, a decentralized protocol for private transactions. Tornado Cash has been highly involved in recent hacks
With great excitement, exSat announces that BitTrade will become one of our network’s prestigious Data Validator nodes. With this collaboration, we will work with a licensed institution for the first time, greatly bolstering scaling solutions via the exSat Docking Layer and improving the Bitcoin ecosystem. exSat: Bitcoin’s Docking Layer ExSat is
Universal crypto app Venga has appointed Michael Stroev as the CEO. The former COO and Head of Product of Nebeus is now leading Venga, an organization that aims to speed up the adoption of web3 by bridging innovations from the decentralized space and conventional finance. As a company, Venga is committed to helping
Unioverse, a web3 game creation platform, has named Eric Peterson its Chief Creative Officer. The co-founder of Star Citizen will be crucial for Unioverse’s attempts to bring web3 gaming mainstream and onboard gamers. Eric Peterson has joined Random Games, the developer of Unioverse platform, to take the helm of game development and oversee creative
