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Cryptography News
Zycrypto
7d
316
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io.net Officially Joins Dell Technologies Partner Program as Authorized Partner and Cloud Service Provider
- io.net has become a Dell Technologies Authorized Partner and Cloud Service Provider.
- This partnership combines io.net's GPU network with Dell's infrastructure for scalable and cost-efficient AI, ML, and HPC solutions.
- Joining Dell's Partner Program allows io.net to access resources, expertise, and market strategies.
- The partnership aims to make decentralized computing more accessible and aligned with enterprise demands.
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Zycrypto
7d
299
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Mantle Network Becomes The First ZK Validity Rollup With Succinct’s SP1
- Mantle Network has successfully transitioned to a zero-knowledge validity rollup with the help of Succinct and its SP1 technology.
- This transition positions Mantle Network to create a liquidity chain for institutional-grade settlement and value transfer within the crypto ecosystem.
- The integration of ZK validity rollup technology enables faster institutional-grade asset settlements and increased capacity efficiency for traditional and blockchain finance.
- Mantle Network has experienced significant growth since its mainnet launch and ranks among the top L2 networks by total value locked (TVL).
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Coindoo
7d
324
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Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot
- Acurast has launched Acurast Processor Lite for iOS, allowing iPhone users to share their device's computing power with Acurast's decentralized confidential cloud network.
- The application enables users to earn rewards in the form of cACU tokens by providing compute power.
- Acurast repurposes damaged screens or unused older iPhone models as cost-effective compute resources, bringing sustainability into cloud infrastructure.
- The launch of Acurast Processor Lite for iOS aims to democratize cloud computing and build a more decentralized, secure, and confidential cloud infrastructure.
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NullTX
7d
158
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Maximise Your Portfolio with These 3 Best New Meme Coins for Exponential Returns
- Meme coins are gaining traction in the investment world, offering opportunities for exponential returns.
- The best new meme coins for exponential returns are BTFD Coin, Gigachad, and Fartcoin.
- BTFD Coin merges crypto and gaming with a Play-to-Earn game, impressive staking feature, and strong branding.
- Gigachad stands out with its strong community backing, utility-focused tokenomics, and exploration of partnerships.
- Fartcoin leverages humour, charitable initiatives, NFT drops, and real-world integration for growth and engagement.
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Coindoo
7d
249
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WhiteBIT’s Institutional Focus Drives Trading Volume to Record $2.7 Trillion in 2024
- WhiteBIT, Europe’s leading cryptocurrency exchange, concludes the year with a record trading volume of $2.7 trillion, a 200% increase from the previous year.
- The exchange's trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France.
- Key drivers of growth include the onboarding of institutional clients, a market maker program, and a robust technical infrastructure.
- WhiteBIT remains committed to continuous growth, expanding its impact on the global crypto ecosystem, and plans to enter the US market.
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Cryptoslate
7d
320
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US government rejects Sam Bankman-Fried’s conviction appeal
- The US government has rejected Sam Bankman-Fried's appeal to overturn his conviction and sentencing related to the FTX collapse.
- Bankman-Fried sought to overturn his conviction citing judicial bias and procedural missteps.
- The government dismisses the appeal, stating that it failed to demonstrate errors or prejudice in the original trial.
- The government maintains that the conviction and sentence should stand.
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Cryptopotato
7d
324
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Mira Leads Decentralized AI Wave as Node Delegator Program Sells Out Instantly
- Mira Network's highly anticipated Node Delegator Program's first drop reached its full capacity of $250,000 in contributions within a few hours of launch.
- The program attracted thousands of participants interested in contributing to the network's growth, with 5,000 successful participants and over 25,000 applicants.
- Mira aims to democratize access to AI infrastructure by partnering with leading node operators and enabling participants to delegate compute resources.
- The rapid sell-out of the program demonstrates strong confidence in Mira's approach to creating trustless AI systems and ensuring broader participation in the AI economy.
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TechBullion
7d
124
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The Real-Time Threat: Why Quantum-Resistant Security Is No Longer Optional for Telecom Networks
- Telecom networks are facing real-time threats with the emergence of advanced quantum computing.
- Quantum computers can easily break standard encryption protocols, compromising sensitive telecom data.
- There is an urgent need for quantum-resistant cryptography in telecom networks to protect against quantum-enabled breaches.
- Companies like TM Technologies are leading the way in providing quantum-resistant security solutions for telecom networks.
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Cryptopotato
7d
374
Image Credit: Cryptopotato
Story Launches Agent TCP/IP: The Foundational Layer for the AI Agent Economy
- Story, the world’s IP blockchain, has developed the Agent Transaction Control Protocol for Intellectual Property (Agent TCP/IP).
- Agent TCP/IP enables AI agents to autonomously exchange and monetize their IP with other agents.
- The protocol allows AI agents to initiate and manage legally binding contracts without human oversight.
- Story's Agent TCP/IP creates a frictionless system for AI agents to securely and autonomously exchange intellectual property.
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Cryptopotato
7d
379
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BlackRock’s IBIT Nearly Doubles Gold ETF’s 20-Year AUM Milestone in Less Than 12 Months
- BlackRock's iShares Bitcoin Trust (IBIT) has nearly doubled the assets under management (AUM) of BlackRock's iShares Gold Trust (IAU) in less than a year.
- IBIT has achieved a milestone of $58.57 billion AUM, while IAU took 20 years to reach $33 billion AUM.
- IBIT became the fastest ETF to reach $50 billion AUM, achieving the feat in 228 days, compared to the previous record of 1,329 days.
- Driven by increasing Bitcoin price, IBIT has surpassed numerous milestones and holds the largest spot Bitcoin ETF trading volume, AUM, and market cap.
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Coindoo
7d
170
Image Credit: Coindoo
Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program
- Boost VC has invested in PoSciDonDAO, a project aiming to decentralize scientific research and innovation.
- The investment includes PoSciDonDAO's acceptance into Boost VC's Go-To-Market Program, providing valuable support.
- Boost VC has a commitment to decentralized science and has invested in various similar projects in the past.
- The partnership aims to promote transparency, inclusivity, and equity in scientific research.
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Cryptoticker
7d
324
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How Could the Crypto Market Behave in the Next Two Months After the Fed Rate Cut?
- The recent rate cut by the U.S. Federal Reserve has sparked optimism in the crypto market.
- Increased liquidity and institutional participation could drive a sustained rally.
- Institutional adoption, market sentiment, and macro factors will play important roles.
- Bitcoin and Ethereum are likely to lead, with altcoins experiencing volatility.
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Bitcoinmagazine
7d
312
Vancouver’s Mayor Shares His Pro-Bitcoin Vision
- Vancouver's Mayor Ken Sim is a Bitcoin enthusiast working to make Vancouver a more Bitcoin-friendly city, advocating for the development of a strategic bitcoin reserve. He believes that, in a perfect world, Vancouver would allow people to transact with bitcoin without triggering capital gains tax events and accept payments in the form of bitcoin. According to Mayor Sim, Bitcoin adoption in Vancouver would lead to an immutable record and add a level of transparency never seen in history. He believes that Bitcoin adoption would bring financial hope to citizens at a time when many are struggling financially.
- Mayor Sim “showers people with love and then hits them with facts” to educate them about Bitcoin, particularly as many believe that Bitcoin is bad for the environment. Mayor Sim believes the opposite is the case and that Bitcoin can help save the environment. Bitcoin incentivizes organizations to capture the natural gas, repurpose it for Bitcoin mining and build alternative or green energy projects, which would otherwise be uneconomic. Moreover, Bitcoin mining provides a guaranteed customer in the form of Bitcoin miners, and it would be net positive for the environment.
- Mayor Sim believes that Bitcoin is the greatest invention in human history, and it could change how humans interact with each other and how nation states evolve. The fiat currency is broken, and Bitcoin provides hope that could set up Vancouver's future prosperity for the next hundred years. As Bitcoin is difficult to use technically, he believes that the Bitcoin community needs to start pumping the true narrative of why bitcoin is a sound financial asset and getting the education out there.
- Mayor Sim does not see the Vancouver city government educating its residents on Bitcoin but believes that Bitcoin supporters need to push the narrative with elected officials to get them to see the value. Mayor Sim says that Vancouver could transform into a pro-Bitcoin city relatively quickly if people come onboard and see how Bitcoin can reduce some of the financial stress in their lives.
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Cryptopotato
7d
179
Image Credit: Cryptopotato
UTXO Stack Completes Series A Funding, Plans TGE in Q1 2025
- UTXO Stack completes its Series A funding round at a $50 million valuation.
- They plan to launch a large-scale airdrop incentive program in early January 2025.
- UTXO Stack will collaborate with CKB's Fiber Network for liquidity airdrop incentives.
- They are set to host their Token Generation Event (TGE) in Q1 2025.
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Cryptoticker
7d
270
Image Credit: Cryptoticker
XRP Crash: What Happened and What's Next for the Last Days of 2024?
- XRP's recent market crash has raised questions about its stability and future prospects in the crypto space, triggered by a combination of regulatory pressure, market-wide sell-offs, and whale liquidations.
- The ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is a major contributor to XRP’s volatility, especially amidst fears of stricter regulations.
- Macroeconomic factors such as interest rate hikes by the U.S. Federal Reserve and ongoing fears of a global recession have also led to risk-off sentiment in crypto and financial markets.
- Negative investor sentiment can exponentially accelerate XRP's sell-off. Ripple's international partnerships and expansion could soften the impact of regulatory woes.
- XRP’s future depends heavily on the outcome of the SEC lawsuit, which could spark a recovery or further sell-offs, a verdict which might materialize in 2024 and determine the token's status as a security or non-security.
- XRP's market ranking took a significative drop concerning its legitimacy and influence within the broader crypto space.
- In the short-term, analysts predict that XRP can retrace to critical support levels, presenting a strategical dip entry point, for those with a long-term outlook.
- Investors should assess the risks and rewards of buying during a market crash, using strategies such as dollar-cost averaging and monitoring sentiment analysis and technical indicators.
- Key indicators to watch for a potential reversal include a break above the 50-day moving average and bullish divergence on the MACD.
- The unfolding of key legal events, Ripple's global expansion, and technical indicators are crucial for the future of XRP in 2024.
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