A naukri.com initiative
DeFi News
Bitcoinist
1M
59
Image Credit: Bitcoinist
Florida Holds $800 Million In Crypto-Related Investments, Says CFO Patronis
- Florida's Chief Financial Officer, Jimmy Patronis, revealed that the state holds over $800 million in crypto-related investments.
- Patronis believes that Florida has the potential to become the "crypto capital of the world."
- He proposes using Bitcoin as an investment to manage state debt and considers integrating it into Florida's portfolio to diversify investments.
- Patronis hopes for a favorable shift in policies under a potential Trump presidency and highlights other states that have embraced cryptocurrency.
Read Full Article
3 Likes
Bitcoinist
1M
169
Image Credit: Bitcoinist
October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
- The cryptocurrency sector has seen persistent challenges with hacks and scams, with over $1.4 billion lost to 179 incidents this year.
- In October, losses amounted to $55.1 million, a 56.6% drop from September, but cumulative losses remain substantial.
- The BNB Chain was the most targeted network in October, followed by Ethereum and Arbitrum.
- While security measures have improved, high-value assets and DeFi ecosystems continue to attract malicious actors.
Read Full Article
10 Likes
Medium
1M
342
Image Credit: Medium
NEAR Protocol: A Beacon for Blockchain Innovation
- The NEAR Foundation has been proactive in sharing its developments through transparency reports and roadmap updates, showcasing a commitment to community involvement and governance.
- NEAR has made strides towards greater decentralization with initiatives like the NEAR Digital Collective (NDC) and governance working groups, empowering the community to have a say in the protocol's future.
- NEAR's introduction of the Blockchain Operating System (BOS) simplifies the transition to Web3, allowing developers to build decentralized applications (dApps) easily.
- NEAR's technical enhancements, such as state sync improvements and upcoming stateless validation, promise to boost network throughput and further decentralize the network.
Read Full Article
20 Likes
Cryptoslate
1M
4
Image Credit: Cryptoslate
MakerDAO founder proposes strict deflationary tokenomics amid rebranding process
- Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol's governance token.
- The proposed tokenomics would eliminate regular token emissions and introduce a burning mechanism to permanently reduce the total token supply over time.
- The community vote will decide whether to retain the Maker brand or fully adopt the Sky identity.
- If the Sky brand wins, MKR tokens will be rebranded as Wrapped 24k Sky Tokens (SKY24K) and the ecosystem will introduce Star Token Rewards.
Read Full Article
Like
Medium
1M
365
XBANKING (XB): The Most Undervalued Token on the Market Today
- XBANKING (XB) is a cryptocurrency token built on a secure, efficient blockchain, designed to revolutionize digital banking.
- The undervaluation of XBANKING (XB) lies in the gap between its high potential and its current market price.
- Key reasons for XB's undervaluation include its innovative technology, growing community and ecosystem, real-world use cases, and low market cap relative to its potential.
- XBANKING (XB) stands out as a highly undervalued asset in the cryptocurrency market, offering strong fundamentals and significant upside potential for investors.
Read Full Article
22 Likes
Medium
1M
443
Image Credit: Medium
Unlocking Data’s True Value in AI: How Codatta Empowers Users to Profit.
- Codatta is reshaping data exchange by empowering data ownership and creating income opportunities for users.
- Users can securely share their data with AI developers and businesses, tracking its usage in real-time.
- On Codatta's platform, users are compensated for their data contributions, introducing a new economic opportunity.
- The platform prioritizes data privacy and security through advanced encryption and blockchain technology.
Read Full Article
26 Likes
Medium
1M
406
Image Credit: Medium
Redefining AI with Codatta: Pioneering AGI through Innovation and Strategic Partnerships.
- Codatta is pioneering AGI through innovation and strategic partnerships.
- Codatta aims to create a decentralized network that connects data contributors with AI developers.
- Their multi-chain approach enhances data availability and adaptability for AGI.
- Codatta's partnership with BNB Chain provides scalability and interoperability for AGI development.
Read Full Article
24 Likes
Hackernoon
1M
9
Image Credit: Hackernoon
Tony Vejseli, Figure Markets And GXD Labs Provide Clarification, Met With Ionic Digital’s Board
- Tony Vejseli, Figure Markets Holdings Inc., and GXD Labs issued a statement clarifying their recent meeting with the board and management of Ionic Digital.
- The Group expressed concerns regarding the Board's lack of knowledge of core operating metrics and skepticism about Ionic's ability to complete its audit within the announced timeframe.
- Alternative liquidity options and concerns about Ionic's contract with Hut 8 were discussed, but no alternative path forward was explored by the Board or management.
- The Group proposed a plan for board refreshment and urged shareholders to review the proposal and consider supporting a special meeting for board changes.
Read Full Article
Like
Newsbtc
1M
434
Image Credit: Newsbtc
Injective Integrates Fetch.ai And ASI: Why Is INJ Down?
- Injective integrates with Fetch.ai and ASI through a community-approved proposal.
- The integration allows Fetch.ai to leverage its AI capabilities within the Injective DeFi ecosystem.
- INJ prices have declined despite the integration, with sellers currently in control.
- Injective's core feature and revenue generation mechanism could potentially boost prices in the future.
Read Full Article
26 Likes
Medium
1M
228
Image Credit: Medium
Why Influencers Need to Rethink Their Platforms: The Urgent Problem with Centralized Social Media
- Centralized social media platforms have hidden influence and control over creators' livelihoods.
- Algorithmic changes in platforms can significantly limit organic reach and decrease earnings for influencers.
- Rising costs and limited ownership on traditional social media platforms hinder influencers' revenue potential.
- InSoBlok offers a blockchain-based alternative that ensures content ownership and direct earnings for influencers.
Read Full Article
13 Likes
Bitcoinist
1M
73
Image Credit: Bitcoinist
Trump Expands Bitcoin Support With No Tax Promise For Digital Transactions
- Former President Donald Trump has pledged his support for Bitcoin and the crypto industry, proposing to eliminate capital gains taxes on BTC transactions used for purchases.
- Trump's commitment aims to make the US the 'crypto capital of the world' and is in contrast to Vice President Kamala Harris' more cautious stance on digital assets.
- Trump has also launched a crypto venture, World Liberty Financial (WLF), and plans to replace SEC Chair Gary Gensler on his first day in office.
- Analysts predict that Bitcoin's price could decline if Harris wins the election, but some believe that regardless of the outcome, the momentum for Bitcoin's price will continue.
Read Full Article
4 Likes
Cryptoslate
1M
429
Image Credit: Cryptoslate
Tron’s DeFi ecosystem set for a boost with Chainlink collaboration
- Tron founder Justin Sun announced the integration of Chainlink into the blockchain, offering significant opportunities for both networks in the stablecoin and real-world asset sector.
- Tron will join Chainlink Scale and adopt Chainlink Data Feeds as its official oracle.
- Tron's flagship DeFi platforms, JustLend and JustStable, with $6.5 billion in TVL, will now have access to reliable pricing data through Chainlink's platform.
- The collaboration is expected to fortify Tron's DeFi economy and drive the network's sector forward.
Read Full Article
25 Likes
Medium
1M
155
Image Credit: Medium
3 Main Privacy Issues in Digital Marketing and How to Address Them
- Digital marketing has seen an unseen tension between the need for delivering personalized experiences and the growing demand for data privacy.
- Web3 technology provides marketers with privacy-first solutions that protect user data while introducing privacy-enhancing marketing.
- Data breaches can tarnish a brand’s reputation overnight, turning loyal customers into critics, which is devastating for marketers.
- Users often find themselves unwittingly sharing personal information in marketing practices that rely on collecting user data without obtaining clear, transparent consent.
- Companies can flip the model by adopting privacy-first tools. Respect for user privacy is becoming a competitive advantage.
- Web3 offers a transformative approach that allows brands to communicate effectively with their audience while respecting user privacy and consent.
- A key way to protect user data is by using confidential computing technologies, which create an app that keeps data private and encrypted, ensuring that sensitive information stays safe.
- Web3 tools give users a clear window into what’s happening with their data, allowing them to make informed decisions and putting control firmly in their hands.
- iExec’s R3ach is a privacy-first marketing tool that enables marketers to communicate securely with users without ever needing to access their personal information.
- Marketers can run highly personalized campaigns without directly accessing or storing sensitive user data, resulting in a more ethical approach to digital marketing where users maintain control over their personal data.
Read Full Article
9 Likes
Bitcoinist
1M
430
Image Credit: Bitcoinist
Crypto Boom: US Treasury Latest Report Reveals Major Expansion In These Key Sectors
- The US Treasury Department has released a report detailing significant growth in key areas of the crypto ecosystem.
- The report highlights the influence of this expansion on the demand for short-term Treasury bills (T-Bills).
- Stablecoins have become integral to digital asset markets, with over 80% of all crypto transactions involving a stablecoin.
- Tokenization of assets on a blockchain is identified as a transformative force in finance, with potential benefits such as improved clearing and settlement, enhanced transparency, and increased accessibility.
Read Full Article
25 Likes
Medium
1M
86
Image Credit: Medium
Challenges in the TON Ecosystem: Unfulfilled Promises in the Mini-App Space
- Telegram's TON ecosystem faced challenges in the mini-app space.
- Some developers exploited users by requiring heavy in-game investments without fair returns.
- TON offers versatile applications such as eSIMs, VPN services, DeFi, and more.
- Users are encouraged to explore authentic projects to build a sustainable TON ecosystem.
Read Full Article
5 Likes
For uninterrupted reading, download the app