🚀 ZKsync Ignite Proposal Aims To Transform ZKsync Era Into Liquidity Hub
#ZKsync #ZKsyncIgnite #DeFi #liquidity #ElasticChain #governance #tokens #ZKnation #ecosystem
According to Odaily, ZKsync has released its first governance proposal named ZKsync Ignite. The initiative aims to transform the ZKsync Era into a liquidity hub for Elastic Chain. Over the next nine months, the project plans to distribute 300 million ZK tokens to DeFi users to enhance liquidity. The proposal has been published on the ZK Nation forum and is designed to further develop and expand the ZKsync ecosystem.#ZKsync #ZKsyncIgnite #DeFi #liquidity #ElasticChain #governance #tokens #ZKnation #ecosystem
🚀 BlackRock IBIT Sees $14 Million Pre-Market Trading Volume
#BlackRock #IBIT #TradingVolume #PreMarket #BuyOrders #SellOrders
According to Odaily, monitoring data from Trader T indicates that BlackRock's IBIT experienced a pre-market trading volume of $14 million today. Of this volume, 37% consisted of active buy orders, while 12% were active sell orders.#BlackRock #IBIT #TradingVolume #PreMarket #BuyOrders #SellOrders
🚀 Mysten Labs Launches Public Testnet For Walrus Protocol
#MystenLabs #WalrusProtocol #Testnet #DecentralizedStorage #Blockchain #DataAvailability #AutonomousAgents #BlobStorage #HighAvailability #Robustness
According to Odaily, Mysten Labs has announced the launch of the public testnet for its decentralized storage and data availability protocol, Walrus. This protocol is designed for blockchain applications and autonomous agents. The developer preview version has already been released to gather feedback from users and developers. Key advantages of the Walrus protocol include cost-effective blob storage, high availability, and robustness.#MystenLabs #WalrusProtocol #Testnet #DecentralizedStorage #Blockchain #DataAvailability #AutonomousAgents #BlobStorage #HighAvailability #Robustness
🚀 CoinDesk 20 Index Sees Decline With Mixed Performance Among Assets
#CoinDesk20 #digitalassets #cryptocurrency #marketdecline #APT #LTC #HBAR #UNI
According to CoinDesk, the CoinDesk 20 Index experienced a decline, closing at 2035.65, down 1.1% (-22.14) since 4 pm ET on Wednesday. The index, which tracks the performance of 20 major digital assets, showed a mixed performance among its constituents. Out of the 20 assets, three recorded gains while the rest saw declines. Leading the gains were APT with a 1.9% increase and LTC with a 1.1% rise. On the other hand, HBAR and UNI were among the laggards, falling by 5.1% and 3.9%, respectively. The CoinDesk 20 Index is a comprehensive measure of the digital asset market, traded across multiple platforms and regions globally.#CoinDesk20 #digitalassets #cryptocurrency #marketdecline #APT #LTC #HBAR #UNI
🚀 Tesla Transfers Bitcoin Reserves For First Time In Over Two Years
#Tesla #Bitcoin #Crypto #ArkhamIntelligence #Maartunn #CryptoQuant #Cryptocurrency #Blockchain #Finance #BTC
According to Odaily, Arkham Intelligence data reveals that Tesla has transferred its Bitcoin reserves for the first time in over two years, causing concern among some Bitcoin traders. CryptoQuant community analyst Maartunn speculates that there could be several reasons behind Tesla's Bitcoin transfer.
Firstly, compliance or internal audit requirements might have prompted Tesla to move its Bitcoin to fulfill accounting or legal obligations related to reporting or internal audits. Secondly, Tesla could be managing multiple wallets for operational purposes, although this scenario seems less likely. Lastly, the transfer might be part of a strategy to restructure Bitcoin holdings in preparation for future sales or loans.#Tesla #Bitcoin #Crypto #ArkhamIntelligence #Maartunn #CryptoQuant #Cryptocurrency #Blockchain #Finance #BTC
🚀 Bitcoin Protocol Layer Surge Secures $1.8 Million Pre-Seed Funding
#Bitcoin #Surge #Funding #PreSeed #Investment #MetaLayer #Blockchain #Crypto #Testnet
According to Odaily, Bitcoin protocol layer Surge has successfully raised $1.8 million in a pre-seed funding round. The investment was led by Autonomy, Gerstenbrot Capital, Double Peak Group, Sats Ventures, Vamient Capital, and Samara AG. Additionally, angel investors including Rushi Manche from Movement Labs and CoinGecko co-founders Bobby Ong and TM Lee participated in the funding round.
The newly acquired funds will be directed towards the development of Surge's MetaLayer, which aims to maximize Bitcoin's potential as a global monetary base layer. Surge has announced plans to launch its testnet in the near future.#Bitcoin #Surge #Funding #PreSeed #Investment #MetaLayer #Blockchain #Crypto #Testnet
🚀 Avalon Labs Integrates With IoTeX To Enhance DePIN Asset Services
#AvalonLabs #IoTeX #DePIN #BTC #lendingprotocol #financialservices #liquidity #blockchain #investment #crypto #IOTX
According to BlockBeats, on October 17, BTC ecosystem lending protocol Avalon Labs announced its official deployment on the DePIN modular platform IoTeX. This integration aims to expand support for DePIN assets. Currently, the total value locked (TVL) within the Avalon protocol exceeds $700 million. The collaboration with IoTeX is expected to explore more possibilities in the DePIN field and bring a significant amount of BTC assets into the IoTeX ecosystem.
Financial service support for DePIN assets is a primary focus for IoTeX. The partnership with Avalon Labs will provide better lending services for assets on the IoTeX chain, expand practical pathways for project assets, and increase liquidity on the IoTeX chain. Avalon Labs has previously received investments from institutions such as SNZ Capital and Matrixport, establishing itself as one of the largest lending protocols in the BTC ecosystem.
Since IoTeX announced its 2.0 DePIN modular strategy in July, its influence in the DePIN field has been steadily increasing. During the Singapore 2049 event, IoTeX hosted a DePIN summit that attracted over 5,000 participants, including nearly all investment institutions focused on DePIN and more than ten innovative DePIN projects.#AvalonLabs #IoTeX #DePIN #BTC #lendingprotocol #financialservices #liquidity #blockchain #investment #crypto #IOTX
🚀 Bitcoin Mining Firm MARA CEO Warns Of AI Development Risks
#Bitcoin #MARA #AI #Mining #Cryptocurrency #TechRisks #BusinessStrategy #DigitalAssets #EnergyEfficiency #Partnership #BTC
According to PANews, Fred Thiel, CEO of Bitcoin mining company MARA (formerly Marathon Digital), has issued a warning about the current AI development environment, likening it to the internet bubble of the 2000s. Thiel cautioned that many companies might be overbuilding infrastructure without sufficient demand. However, he believes that successful Bitcoin miners will eventually integrate AI components, leveraging low-cost energy to support AI data centers in the long term.
MARA plans to expand its Bitcoin mining capacity and aims to diversify its revenue streams. Through a partnership with Auradine, the company seeks to acquire custom chip technology. Over the next four years, MARA hopes to generate 50% of its revenue from non-Bitcoin mining activities.#Bitcoin #MARA #AI #Mining #Cryptocurrency #TechRisks #BusinessStrategy #DigitalAssets #EnergyEfficiency #Partnership #BTC
🚀 BNB Drops Below 590 USDT with a 1.21% Decrease in 24 Hours
#BNB #cryptocurrency #Binance #USDT #marketdata #pricechange #trading
On Oct 17, 2024, 14:08 PM(UTC). According to Binance Market Data, BNB has dropped below 590 USDT and is now trading at 589.900024 USDT, with a narrowed 1.21% decrease in 24 hours.#BNB #cryptocurrency #Binance #USDT #marketdata #pricechange #trading
🚀 Nvidia Shares Reach New Intraday High
#Nvidia #NVDA #Shares #StockMarket #IntradayHigh #ForesightNews
According to Foresight News, market data indicates that Nvidia (NVDA.O) shares surged nearly 4%, reaching a new intraday high of $140.89.#Nvidia #NVDA #Shares #StockMarket #IntradayHigh #ForesightNews
🚀 Polymarket App Tops US Apple App Store Download Rankings
#Polymarket #AppleAppStore #Downloads #Decentralized #PredictionMarket #MediaGiants
According to PANews, the official app of the decentralized prediction market Polymarket has achieved the top position in the 'Magazines & Newspapers' category of the free download rankings on the US Apple App Store. This notable achievement places Polymarket ahead of traditional media giants such as The New York Times, CNN, and The Wall Street Journal.#Polymarket #AppleAppStore #Downloads #Decentralized #PredictionMarket #MediaGiants
🚀 Hedera Launches Asset Tokenization Studio
#Hedera #AssetTokenization #TokenizedBonds #TokenizedStocks #FinancialInstitutions #OpenSource #DevelopmentTools #Crypto
According to Odaily, Hedera has announced the launch of the Hedera Asset Tokenization Studio. This initiative focuses on configuring the Hedera network, issuing, and managing tokenized bonds and stocks through an open-source, end-to-end toolkit. The studio aims to provide financial institutions, corporate issuers, and asset tokenization platforms with the necessary testing and development tools.#Hedera #AssetTokenization #TokenizedBonds #TokenizedStocks #FinancialInstitutions #OpenSource #DevelopmentTools #Crypto
🚀 ZkPass Secures $12.5 Million In Series A Funding, Valued At $100 Million
#ZkPass #Funding #SeriesA #Investment #ZeroKnowledgeProof #Privacy #DataVerification #Blockchain #TokenLaunch #SAFT
According to PANews, privacy-protecting data verification protocol zkPass has successfully raised $12.5 million in a Series A funding round, bringing its valuation to $100 million. The investment round saw participation from notable investors including dao5, Animoca Brands, and Flow Traders. The funding was conducted through a Simple Agreement for Future Tokens (SAFT) structure, with zkPass planning to launch its token in the first quarter of next year. Utilizing zero-knowledge proof technology, zkPass enables users to verify information such as identity or financial records without sharing specific data.#ZkPass #Funding #SeriesA #Investment #ZeroKnowledgeProof #Privacy #DataVerification #Blockchain #TokenLaunch #SAFT
🚀 De-Capital Platform To Launch Miner Whitelist Sale On BNB Chain
#DeCapital #MinerWhitelist #BNBChain #DCT #DAO #VentureCapital #Cryptocurrency #BurnMining #DigitalAssets #CommunityDriven
According to Odaily, De-capital platform will officially open its top miner whitelist sale on BNB Chain on October 22 at 16:00 UTC+8. Following this event, the platform will introduce its token, DCT, and the top miner ecosystem. De-capital is a community-driven, modern digital venture capital platform based on a decentralized autonomous organization (DAO), aiming to provide everyone with the opportunity to participate in venture investments. The platform is backed by the Singapore-based 'Life Encouragement Foundation,' with the community serving as its core organization, managed through a comprehensive DAO governance system.
The top miner initiative is De-capital's experimental VC ecosystem, also based on BNB Chain, featuring a burn mining ecosystem. Registration for the top miner opened on October 16, and the mining function is set to be launched soon.#DeCapital #MinerWhitelist #BNBChain #DCT #DAO #VentureCapital #Cryptocurrency #BurnMining #DigitalAssets #CommunityDriven
🚀 USDC Treasury Mints 50 Million USDC on Ethereum Blockchain
#USDC #Ethereum #Blockchain #WhaleAlert #Cryptocurrency #ETH
According to Odaily, Whale Alert has reported that the USDC Treasury minted an additional 50 million USDC on the Ethereum blockchain today at approximately 23:03 UTC+8.#USDC #Ethereum #Blockchain #WhaleAlert #Cryptocurrency #ETH
🚀 Elvis Presley Digital Art Collection Launched on Bitcoin Network
#ElvisPresley #DigitalArt #Bitcoin #NFT #Ordinals #Royalty #ElvisLegacyCouncil #Blockchain #GenerativeArt #CryptoArt #BTC #ETH
According to CoinDesk, a digital art collection featuring Elvis Presley has been inscribed on the Bitcoin network. The collection, named 'Elvis Side $Btc,' consists of 1,935 generative images and was minted by the Bitcoin-focused intellectual property project Royalty in collaboration with inscription service OrdinalsBot. The artwork is inspired by Joe Petruccio, an artist licensed by the Elvis Presley Estate.
The Ordinals protocol, which allows data to be inscribed onto individual satoshis (the smallest unit of Bitcoin), has enabled these images to attain unique value, similar to non-fungible tokens (NFTs) on the Ethereum network. OrdinalsBot, a prominent platform for minting these inscriptions, claims responsibility for 80% of the 10 largest files inscribed on the Bitcoin network, including the largest ever block, which cost 3.5 BTC ($235,000).
Royalty plans to use revenue from the collection to establish the 'Elvis Legacy Council' DAO. A litepaper will be published in the coming weeks, outlining how 5% of primary and secondary sales revenue will fund this decentralized autonomous organization, which aims to govern the future of Elvis' digital legacy through a native token.#ElvisPresley #DigitalArt #Bitcoin #NFT #Ordinals #Royalty #ElvisLegacyCouncil #Blockchain #GenerativeArt #CryptoArt #BTC #ETH
🚀 Bitcoin Miners Face Limited Window For AI And HPC Contracts
#Bitcoin #Miners #AI #HPC #DataCenter #JPMorgan #Computing #Infrastructure #PowerGrid #Technology #Contracts
According to Odaily, JPMorgan analysts have indicated that Bitcoin mining companies have a nine-month window to secure contracts for data center and high-performance computing (HPC) services with large-scale computing and AI startups. However, the opportunities to obtain HPC/AI data center deals are becoming increasingly scarce. Due to delays in data center approvals and grid connections, Bitcoin miners can leverage their existing infrastructure to meet AI computing demands. The report highlights that the capacity of the U.S. power grid is limited, and the demand for AI and HPC will continue to grow until 2026.#Bitcoin #Miners #AI #HPC #DataCenter #JPMorgan #Computing #Infrastructure #PowerGrid #Technology #Contracts
🚀 Base Network USDC Transfers Reach Record High
#BaseNetwork #USDC #Transfers #OnChainData #Blockchain #Cryptocurrency #RecordHigh
According to BlockBeats, on October 17, on-chain data revealed that the Base Network experienced a historic surge in USDC transfer volume. The network processed over $17.5 billion in a single day, marking an unprecedented milestone.#BaseNetwork #USDC #Transfers #OnChainData #Blockchain #Cryptocurrency #RecordHigh
🚀 FBI Arrests Alabama Man for January SEC Hack Leading to Bitcoin Surge
#FBI #Alabama #SEC #Bitcoin #cryptocurrency #hack #cyberattack #arrest #BTC
According to BlockBeats, on October 17, the U.S. Department of Justice (DOJ) announced that the Federal Bureau of Investigation (FBI) has arrested an Alabama man in connection with a hacking incident targeting the U.S. Securities and Exchange Commission (SEC) in January 2024. This cyberattack had previously caused a significant spike in Bitcoin prices.
In January 2024, hackers released a false news report claiming that the SEC was expected to make an announcement regarding Bitcoin. This misinformation led to a rapid increase in the cryptocurrency's value. An SEC spokesperson confirmed to The Guardian that the unauthorized post on the @SECGov account was not drafted or created by the SEC.#FBI #Alabama #SEC #Bitcoin #cryptocurrency #hack #cyberattack #arrest #BTC
🚀 Russian Scammers Hack Crypto Influencer's Account To Spread Malware
#RussianScammers #CryptoInfluencer #Malware #Cybersecurity #ZachXBT #JobScams #StayVigilant
According to PANews, cybersecurity researcher ZachXBT has issued a warning that Russian scammers have hacked the account of cryptocurrency influencer @Thecryptomist. The hackers are reportedly using the compromised account to post fake job listings in an attempt to trick users into downloading malicious software. ZachXBT has specifically urged the community to remain vigilant and avoid falling victim to these deceptive tactics.#RussianScammers #CryptoInfluencer #Malware #Cybersecurity #ZachXBT #JobScams #StayVigilant
🚀 Cryptomist's Social Media Account Hacked, Fans Warned of Malicious Software
#Cryptomist #Hacked #SocialMedia #MaliciousSoftware #ZachXBT #CryptoInfluencer #SecurityAlert #Cybersecurity #RussianHackers #SocialEngineering
According to Odaily, blockchain investigator ZachXBT has issued a warning on the X platform regarding the hacking of the social media account of crypto influencer The Cryptomist. The account, allegedly compromised by Russian hackers, has been disseminating false information to followers in an attempt to trick them into downloading malicious software through social engineering tactics.
ZachXBT noted that he typically does not report minor incidents of this nature. However, he decided to make an exception in this case due to his extensive interaction with The Cryptomist's compromised account, having engaged with it over 45 times. Additionally, he expressed concern that his own followers were nearly deceived by the fraudulent messages.#Cryptomist #Hacked #SocialMedia #MaliciousSoftware #ZachXBT #CryptoInfluencer #SecurityAlert #Cybersecurity #RussianHackers #SocialEngineering