WEB3 Native DJ/Producer/Alien Wobblebug, from Wuki, shares debut release “WOBBLEDRUG”

Wobblebug is the first decentralized musician in the industry which allows fans to participate and be rewarded off the success of a musician’s career. Alongside Wuki, Wobblebug was created by a team of music industry veterans and NFT/blockchain professionals. As a cross chain NFT project with NFT holders on both the Ethereum and Solana blockchains, holders will be rewarded based on the success of Wobblebug’s career. What makes Wobblebug so special, is that he is the first WEB3 native project that is now an actual musical artist in the real…

Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov

Cross-chain communication between blockchains is more than just moving data from point A to B, but how it can connect applications and users for enhanced experiences and fewer gas fees in Web3, outlined Sergey Gorbunov, Axelar Network co-founder and CEO, speaking to Cointelegraph’s business editor Sam Bourgi on Sept. 28 at Converge22 in San Francisco.  As the crypto industry has developed over the past few years, blockchain interoperability has seen a surge in demand, attracting venture capital and welcoming players, such as Axelar, which reached unicorn status in February. According…

Blockchain could help anonymously document war crimes

Human rights investigators appointed by the United Nations have confirmed that war crimes have been committed by Russian forces in Ukraine. The Independent International Commission of Inquiry on Ukraine was created in March 2022 to provide a framework for UN human rights investigators to report war crimes in the region.  Erik Møse, chair of the Independent International Commission of Inquiry on Ukraine, stated in the UN’s article that “Investigators visited 27 towns and settlements and interviewed more than 150 victims and witnesses.” Møse also noted that “Sites of destruction, graves, places…

Bitcoin profitability for long-term holders decline to 4-year low: Data

Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%. Bitcoin long term holders. Source: Glassnode The Glassnode data indicate that long-term holders of the top cryptocurrency selling their tokens have a cost basis of $32,000, meaning the average buying price for these holders selling their stack is above $30,000. The current market downturn added to the declining profitability can be…