MOVE token jumped 16% Wednesday amid rumors that Elon Musk is considering the Movement blockchain for his government transparency initiative. Movement’s (MOVE) token gained 16% on Jan. 29 as reports surfaced that Elon Musk‘s Department of Government Efficiency team is evaluating the blockchain for his transparency efforts. In an X post on Jan. 28, Walter […] More
Boasting a 1300% increase in its price, the SUI token is one of the most talked about crypto assets of 2024. Sui (SUI) is a layer-1 blockchain that aims to onboard the next billion users in Web3. The blockchain claims to be a ‘Scalable infrastructure that’s fast, secure, and affordable’ Table of Contents In this […] More
Key Takeaways Musk’s DOGE team is exploring Movement Blockchain as a potential platform for its blockchain-based transparency initiatives. Movement Blockchain’s token MOVE rose 15% after being linked to Musk’s DOGE initiative. Share this article Elon Musk is reportedly considering Movement Blockchain as a potential platform for his DOGE initiative, which aims to leverage blockchain technology […] More
[PRESS RELEASE – Toronto, CA, January 28th, 2025] MCQ Markets is pioneering the curation of ultra-rare luxury vehicles and collectibles via tokenization and data authentication on the Solana Blockchain SOL Global Investments Corp. (CSE: SOL) (FSE: 9SB) (“SOL Global” or the “Company”), one of the first publicly traded companies focused on institutional Solana investments, is pleased […] More
At some point, every cryptocurrency needs to go through major changes that shake up the way it works. That’s where hard forks and soft forks come in. These are updates to the protocol that make significant adjustments to how the system operates. In this article, we’ll break down what hard fork and soft fork in […] More
Musk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new president’s official advisor on matters pertaining to government efficiency. President Donald Trump appointed him to head the DOGE: a White House office named the Department of Government […] More
With the advent of Web3, decentralized identity solutions (DIDs) are considered key for securing users’ digital footprint. News COINTELEGRAPH IN YOUR SOCIAL FEED Decentralized identity platform Humanity Protocol has secured $20 million in venture funding to compete with the likes of World Network in the push for onchain identity solutions. Humanity’s funding round was backed […] More
Igloo Inc., the company behind Pudgy Penguins, has officially launched Abstract Chain. Abstract is an Ethereum (ETH) layer-2 blockchain built to simplify access to Web3 applications. The platform uses ZKsync’s ZK Stack technology, enabling faster transactions and lower fees while maintaining scalability and security, according to a release shared with crypto.news. Through its flagship platform, […] More
Abstract, a consumer-focused blockchain leveraging the zero-knowledge stack by ZKsync and Celestia to drive mass adoption, has announced the launch of its mainnet. The team behind the project’s consumer blockchain network aims to create a platform that removes barriers to accelerated mass adoption. According to an announcement, the Abstract mainnet integrates ZKsync (ZK) and Celestia […] More
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite […] More
Today’s edition of the weekly recap spotlights Jupiter’s major platform change at ‘Catstanbul 2025,’ Elon Musk’s exploration of blockchain for government efficiency, and MicroStrategy’s continued Bitcoin accumulation. Meanwhile, Ledger’s co-founder was rescued from kidnapping in France. Bitcoin reaches new all-time high Bitcoin achieved a record price of $109,114 on Jan. 20 before settling at around […] More
According to data from the International Monetary Fund (IMF), total global government debt now accounts for over $102 trillion. News COINTELEGRAPH IN YOUR SOCIAL FEED Binance co-founder Changpeng Zhao (CZ) echoed calls for government transparency by bringing all public spending onchain in every country. CZ chimed in following reports of Elon Musk and the Department […] More
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