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PropiChain Token Presale: A Game-Changer for Investors
PropiChain's token presale is gaining attention as a standout opportunity in the market. Offering potential portfolio growth of 800%, this presale appeals to serious investors seeking scalability and sustainability. PCHAIN's token is priced below market value, providing early participants with significant gains. The carefully planned tokenomics, including RWA tokenization and AI solutions, contribute to the projected 800% growth. With 25% of tokens allocated to public presales and a vesting sche
Tether's USDT, the largest stablecoin globally with a market cap nearing $100 billion, has faced scrutiny over its reserves. CEO Paolo Ardoino revealed that Tether holds over 82,000 Bitcoins and 48 tons of gold to back its USDT. This disclosure came during the Lugano Plan B Event, emphasizing Tether's commitment to transparency. While some praise the diverse reserves, others seek more clarity on the gold holdings. Despite recent speculations and investigations, Tether remains focused on enhancin
Denial of Business Relationship Between Xiamen Sophgo and Huawei Amid US Probe
Xiamen Sophgo, a Chinese chip designer linked to Bitmain, refuted any ties with Huawei after TSMC ceased dealings with them due to a US investigation into potential sanctions violations. Despite reports of Sophgo ordering chips from TSMC similar to Huawei's Ascend 910B, the company denied any association with Huawei. The US Commerce Department and TSMC discovered similarities between chips made for Sophgo and Huawei's AI chips. Founded by Bitmain's co-founder Micree Zhan in 2019, Sophgo's connec
According to finance professor Omid Malekan, a Donald Trump presidency would negatively affect memecoins, which are seen as a form of economic populism. Malekan believes that regulatory stability in the US would shift focus away from memecoins towards more substantial crypto projects, leading to a bear market. Memecoins currently hold a market capitalization of $61 billion. Some experts, like Nic Carter, agree with Malekan's assessment, attributing memecoin popularity to opposition against stric
1inch, a DeFi platform, has partnered with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign to boost DeFi adoption. The collaboration aims to leverage Bruce Lee’s legacy to highlight shared values between 1inch’s tech and Lee’s philosophy. Co-founder Sergej Kunz mentioned the partnership took almost three years to materialize, aiming to drive mainstream adoption and pay tribute to the Bruce Lee family. Future collaborations are also in the pipeline, hinting at Lee’s influen
Vitalik Buterin Defends Ethereum Foundation Amid Criticism
Ethereum co-founder Vitalik Buterin has been the center of attention on Crypto X due to recent criticism towards Ethereum and its Foundation. According to data from Kaito AI, Buterin held the highest relative KOL mindshare in the past week at 1.69%, followed by Helius Labs CEO Mert Mumtaz at 1.18%. Buterin defended the Ethereum Foundation's routine sale of Ether, stating it is used to support developers and researchers. He explained that the sales help maintain the network's proof-of-stake mecha
Revolutionizing Addiction Treatment with Brain-Machine Interfaces
Recent advancements in technology have sparked optimism that addiction could be effectively treated using sophisticated brain-machine interfaces known as 'deep brain-machine interfaces.' These devices, implanted in the brain, can decode and even alter mental activity. Unlike traditional brain-machine interfaces that focus on signals from the cerebral cortex, deep brain-machine interfaces target areas associated with addiction to better control behaviors like binging and craving. This innovative
The FTX bankruptcy estate has reached a $228 million settlement with Bybit in a legal filing on Oct. 24. The lawsuit, initially filed in 2023 by the FTX estate, aimed to recover funds for former customers and creditors. As per the agreement, FTX can withdraw $175 million in digital assets from Bybit and sell around $53 million in BIT tokens to Mirana Corp, an investment division of Bybit. Despite the validity of their claims, FTX attorneys expressed concerns about prolonged litigation. The settl
Crypto altcoin seasons are likely to continue, pleasing speculative traders, but the returns may decrease as the market matures. According to crypto analyst Willy Woo, alt seasons will become weaker in each cycle following the 2017 alt bubble. Woo predicts that mid-cap and low-cap cryptocurrencies will surge after Bitcoin's price rises, as investors seek higher returns. Traders monitor Bitcoin dominance to determine when to shift capital to altcoins. Currently, Bitcoin's dominance is at 59.31%,
The Shiba Inu team has introduced the upgraded 2.0 version of their decentralized exchange, ShibaSwap. Lucie, a Shiba Inu Executive, shared insights on the enhancements in this new version, aiming to elevate network activity on the Shibarium network. The V2 of ShibaSwap, developed based on user feedback, focuses on enhancing DeFi accessibility for all users. It will enhance features from V1 like token swaps, liquidity provision, staking, and rewards tracking. Notable upgrades include concentrate
Worldcoin's price surged to $2.46 in early September, boosting investor optimism. However, a recent downturn has led to significant losses and a sense of uncertainty among investors. The drop in price has eroded profits for Worldcoin holders, creating anticipation for a potential recovery. Within 24 hours, the price plummeted by 19%, causing a shift from profit to loss for a substantial amount of WLD holdings. This sudden decline has shaken investor confidence, with many now treading cautiously.
Impact of Government-Issued Blockchain Bonds on Debt Markets
The emergence of blockchain-based digital government bonds could revolutionize global debt markets by reducing borrowing costs and creating new trading opportunities. In an interview with Cointelegraph, Lamine Brahimi, co-founder of Taurus, discussed the potential benefits of digital bonds. Brahimi highlighted that utilizing blockchain for government bonds could enhance market efficiency, lower costs, and introduce innovative trading strategies. Digital gilts could streamline debt transactions w
A fraudulent app pretending to be the decentralized finance (DeFi) platform Curve Finance has become popular on the Apple app store, ranking in the top 100 finance apps. Despite being identified as a scam by users, the app is trending in various regions, posing a risk to unsuspecting individuals. The app's description is poorly written, potentially affecting vulnerable users. It claims to be an amazing app for arranging blocks in a row. The fake app, named 'Curve defi v3' and created by 'Tao Duo
Enhancing Ethereum Decentralization with Lido DAO's Community Staking Module
Lido DAO has introduced the Community Staking Module (CSM) to promote decentralization on the Ethereum network. Launched on Oct. 25, the CSM enables individual ETH stakers to become solo validators with reduced technical requirements and a deposit threshold lower than the standard 32 ETH. Currently in the 'Early Adoption' phase, the CSM is limited to curated community stakers, with plans for a fully permissionless phase in the future. The mainnet release was approved by 109 Lido DAO governance m
Former FTX executives are facing legal consequences for their involvement in the cryptocurrency exchange's downfall. Nishad Singh, the former engineering director, is awaiting sentencing in a New York court after pleading guilty to various charges. The CEO, Sam Bankman-Fried, has already been sentenced to 25 years in prison. Other executives, including Caroline Ellison and Gary Wang, have also pleaded guilty and are awaiting sentencing. Singh's cooperation with prosecutors may influence his sent
Impact of US Presidential Election on Cryptocurrency ETFs
The surge in applications for listing alternative cryptocurrency exchange-traded funds (ETFs) in the US is seen as a bet on a Trump victory in the upcoming presidential elections. Eric Balchunas, an ETF analyst at Bloomberg Intelligence, suggested that if Trump wins, he would appoint a more libertarian chair for the Securities and Exchange Commission (SEC). Conversely, a victory for Kamala Harris would likely delay ETF approvals. The US saw the listing of Bitcoin and Ether ETFs earlier this year
Wintermute has announced that it will now accept USDe, a stablecoin backed by cryptocurrency, as collateral for spot crypto and derivatives trades. This move allows Wintermute's clients to use USDe for options, credit default swaps, forward, and spot trading. USDe joins Wintermute's list of accepted crypto collaterals, which includes Bitcoin, Ether, Solana, and US Dollar Coin. The use of stablecoins, tied to US dollar-denominated assets, is becoming increasingly important in trading and payments
Blockchain technology is increasingly utilized in the insurance sector, with the global blockchain insurance industry projected to reach $32.9 billion by 2031. Nayms, a blockchain-based insurance platform, offers tokenized reinsurance as a stable investment option. The platform focuses on property catastrophe, specialty lines, and digital asset risks, allowing for smart contract underwrites. Nayms, structured as a Bermuda-segregated account company, leverages blockchain for efficient asset separ
Enhancing Interplanetary Transactions with Neuromorphic Computing
Mars currently lacks the infrastructure for financial transactions, posing challenges for future colonists. Neuromorphic computing research offers a solution. Traditional communication with Earth incurs delays, making real-time data exchange impossible. Neuromorphic computers, mimicking the human brain, process data in memory, enabling low-latency operations. Self-compliant neuromorphic chips, previously unpredictable, now show promise in edge computing. These chips could revolutionize blockchai
Valhalla's Floki PlayToEarn MMORPG game has joined forces with the Hong Kong International Cricket Sixes as an official partner, heralding the return of the tournament after a seven-year hiatus. The event, scheduled from November 1 to November 3 at Tin Kwong Road Recreation Ground, will witness top international teams competing in the fast-paced cricket format. The Cricket Sixes, a renowned event since its inception in 1992, has seen cricket legends like Sachin Tendulkar and Shane Warne in actio