The recent collapse of the cryptocurrency exchange FTX has sent shockwaves through the crypto community. Investigations have uncovered suspicious transactions worth billions of dollars in FTT tokens between FTX and its sister company, Alameda Research. These revelations have raised serious…
Composable and Polkadot Build Bridges Between Blockchain Worlds
At the recent Cosmoverse conference, Composable’s blockchain interoperability platform made waves with a significant announcement. In collaboration with Polkadot and the Web3 Foundation, Composable is expanding its groundbreaking Inter-Blockchain Communication (IBC) protocol beyond the Cosmos ecosystem. This pioneering integration promises…
SOL Surges 15% In A Technical Price Breakout – What’s Next?
Solana’s native cryptocurrency SOL has seen a fresh breakout over the last few days, rallying over 15% on strong technical momentum. The price action comes after SOL formed a solid support base above $18.80 and broke past key resistance levels…
Ethereum Whale Swaps $10M USDC for 6K ETH Amidst ETH Price Surge – What It Signals
Image source: Spotonchain A prominent Ethereum whale has made a substantial trade that signals confidence in ETH’s upside potential. The whale wallet with address 0x828 swapped 9.88 million USDC for 6,000 ETH on September 29th, 2023, as Ethereum’s price saw…
Ethereum Tops $10B Revenue, Surpassing Meta and Microsoft Trajectories.
Key insight: Ethereum has cemented itself as a top revenue generator, surpassing tech titans. According to Coincu, Ethereum has brought over $10 billion since its 2015 launch. Compared to the 7.5 years it took Meta and 19 years it took…
This South Korean City Is On Its Way To Become a Blockchain Mega city After a $75 Million Investment
There’s a coastal city in South Korea named Busan. So, this South Korean City wants to make revolutionary moves in the country by launching its own public blockchain. South Korean City, Busan, Makes $75 Million Investment Financial Bodies Interested In…
UK Government Officials Address Blockchain and Web3 in Virtual Event
The United Kingdom (UK) is taking significant strides in embracing blockchain and Web3 technologies. In a recent virtual event organized by the British Blockchain Association, Natalie Elphicke MP OBE, alongside other UK government officials, addressed a forum consisting of representatives…