Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. However, the success of Blast network has not come without controversy. Polygon Labs developer relations engineer Jarrod Watts recently raised concerns about the network’s security
The Investment Association has announced that the U.K. has given the green light to a project that allows authorized funds to develop tokenization within the investment sector. With the aim of enhancing efficiency, transparency, and competitiveness, this initiative is part of a collaborative effort between the Technology Working Group of the government’s Asset Management Taskforce,
In the world of cryptocurrencies, Bitcoin and Cardano are currently attracting the attention of investors and analysts. The crypto analyst behind the popular YouTube channel Crypto Capital Venture has expressed his belief that both Bitcoin and Cardano could be on the verge of significant breakouts in the near future. While he stops short of calling
The price of NEO’s native settlement token, GAS, has experienced a significant surge, with an increase of 11.5% despite a notable retracement. Traders have been flocking to acquire GAS tokens following the announcement that it will be used for settlement on NEO’s sidechains. This surge in demand has resulted in moments of divergence, where the
This week, Ethereum has experienced a 4.7% price increase, bringing it closer to the key resistance level of $2,100. While this level has been tested before this month, a potential breakout could pave the way for ETH to reach new highs. The momentum remains bullish, with sellers struggling to contain the uptrend. This increases the
Shiba Inu (SHIB) burn tracker, Shibburn, has recently raised concerns about the creator of the meme coin, who goes by the pseudonym “Ryoshi”. The community project has alleged that Ryoshi’s actions are not in the best interest of the SHIB ecosystem. These allegations highlight potential dishonesty and greed that may have hindered the growth of
In the rapidly evolving Web3 space, security risks have become a significant concern. As the internet shifts towards decentralization and the adoption of blockchain technology, new challenges arise. This article delves into an in-depth analysis of these risks, aiming to assist both users and developers in effectively navigating the Web3 landscape. Web3, also known as
Former Binance CEO Changpeng Zhao recently faced a temporary restriction on his social media profile on X, which sparked controversy and raised questions about the platform’s policies. This article examines the incident, explores the reasons behind the restriction, and delves into the implications it has for both Zhao and the broader social media landscape. On
Ether’s price has shown resilience, trading slightly higher on November 23 and maintaining support above the $2,000 level. Despite briefly retesting $1,930 on November 21, Ether has experienced a 2.5% increase over the past week. Additionally, the total market capitalization has grown by 0.5%. This upward trend can be attributed to several factors, including improved
The U.S. Department of Justice (US DOJ) has taken action to prevent former Binance CEO and founder Changpeng ‘CZ’ Zhao from leaving the continental United States before his sentencing. This move comes after Binance and CZ pleaded guilty to charges of Bank Secrecy Act violations and agreed to pay a staggering $4.3 billion to settle
