Author: Crypto Editor

December 16, 2024 – Georgetown, Cayman Islands Through the testnet section, over 1.3 million customers contributed greater than 6.5 million information factors to coach user-owned AI fashions. On mainnet, DataDAOs will leverage the VANA token to allow customers to collectively personal, monetize and govern their private information for a stake within the booming AI economic system. Vana, the pioneering community for user-owned information, at this time introduced the launch of its mainnet and native VANA token. The launch marks a major milestone in breaking by means of the info wall that’s limiting AI growth whereas preserving privateness and giving customers…

The Aave neighborhood is evaluating a proposal to withdraw the lending protocol from Polygon’s Proof-of-Stake (PoS) chain.Within the Dec. 16 proposal,  Marc Zeller, founding father of Aave Chan, highlighted potential dangers tied to Polygon’s plans to rehypothecate its stablecoin reserves whereas suggesting Aave ought to alter danger parameters for its V2 and V3 deployments on the Ethereum layer-2 blockchain and finally exit the community solely.Zeller argued that this transfer would defend Aave from vulnerabilities related to bridged stablecoins and scale back long-term safety threats.Aave is Polygon’s largest decentralized software (dApp), accounting for $468 million—round 40% of the Ethereum layer-2 community’s…

As Bitcoin continues to mature, some of the telling indicators of its longevity and integration into the broader monetary ecosystem is the fast progress of Bitcoin Alternate-Traded Funds (ETFs). These merchandise—providing mainstream, regulated publicity to Bitcoin—have garnered substantial inflows from each institutional and retail buyers since their inception. In response to knowledge aggregated by Bitcoin Journal Professional’s Cumulative Bitcoin ETF Flows Chart, Bitcoin ETFs have already gathered greater than 936,830 BTC, elevating the query: Will these holdings surpass 1 million BTC earlier than 2025?The #Bitcoin ETFs have already gathered 936,830 #BTC! 🏦Will this surpass 1,000,000 BTC earlier than 2025? 🪙…

Optimism relating to a possible strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the primary time. Since Trump gained the election on November 5, 2024, the cryptocurrency had an incredible rise of over 50%, hitting a excessive of $105,150 on December 16, 2024. This upward pattern has caught the eye of traders and specialists, who are actually guessing the place Bitcoin’s value will go subsequent. Bitcoin’s Ascent Fueled By Strategic Reserve Expectations Stories declare that Trump plans to create a nationwide reserve for Bitcoin, akin to the strategic power reserve of the US,…

Merchants betting towards value features for Bitcoin and Ethereum are licking their wounds Monday, with quick liquidations piling up as BTC mines report territory and ETH hits a peak not seen since 2021.Bitcoin peaked at a brand new all-time excessive value of $107,822 on Monday round 1:30pm ET, per information from CoinGecko, with the value of the main cryptocurrency persevering with to nudge increased at the moment after breaking the earlier report on Sunday.A report value of just below $104,000 had been set in early December when Bitcoin hit the $100K milestone for the primary time, and that peak was…

Seychelles, Seychelles, December sixteenth, 2024, Chainwire On November 27, 2024, BYDFi introduced its official membership in South Korea’s CODE VASP Alliance. The partnership consists of profitable integration with the Journey Rule compliance resolution, making certain adherence to South Korea’s regulatory customarys for crypto transactions. CODE formally welcomed BYDFi’s participation on the similar time as a put up. This vital second displays BYDFi’s nice consideration to compliance and decided motion and marks the crypto trade’s gradual progress towards a extra clear, safe, and reliable future. CODE VASP: A Core Drive for Compliance in Korea The CODE VASP, based by Korea’s prime three crypto exchanges, Bithumb, Coinone, and…

Semler Scientific, a healthcare tech agency, has bought an extra 211 Bitcoin for $21.5 million to achieve a complete of two,084 Bitcoin.Semler Scientific has acquired 211 BTC for ~$21.5 million at ~$101,890 per #bitcoin and has generated BTC Yield of 67.0% QTD and 92.8% since adopting our BTC treasury technique in Could. As of 12/15/24, we held 2,084 $BTC acquired for ~$168.6 million at ~$80,916 per bitcoin. $SMLR— Eric Semler (@SemlerEric) December 16, 2024 The most recent acquisition, made between December fifth and December fifteenth, was funded via working money stream and proceeds from an at-the-market (ATM) inventory providing. Semler paid…

The publicity of non-public knowledge affected 58K individuals; nevertheless, no money was compromised. Byte Federal takes motion by account resets and safety updates. Byte Federal, the USA’ main Bitcoin ATM operator, revealed {that a} knowledge breach affected round 58,000 customers. In response to a submitting with the Maine Legal professional Common’s Workplace, it occurred on September 30, however the breach was solely recognized on November 18. Whereas some delicate buyer knowledge together with full names, dates of beginning, contact numbers, government-issued IDs, and social safety numbers may need been uncovered, Byte Federal assured that no consumer funds or property had…

The cryptocurrency market has skilled a surge at present, with the whole market capitalization (TOTAL) reaching a brand new excessive. Bitcoin (BTC), the main cryptocurrency, additionally climbed to a brand new all-time excessive, additional fueling the market’s bullish momentum.  This surge has propelled a number of altcoins to new heights, with three cryptocurrencies —Moca Coin (MOCA), DeepBook Protocol (DEEP), and Fartcoin (FARTCOIN) — main the cost. Moca Coin (MOCA) MOCA, the native token of Animoca Manufacturers’ Mocaverse, hit a brand new all-time excessive of $0.42 at present earlier than experiencing a pullback. Regardless of this, the token maintains a bullish…

Ripple broadcasts the worldwide launch of RLUSD, an progressive stablecoin designed for stability, utility, and compliance. Supported by business leaders and unparalleled transparency, RLUSD goals to revolutionize digital funds. Let’s see all the small print on this article.  The stablecoin RLUSD by Rippls debuts on main world exchanges: unprecedented safety, utility, and transparency Ripple, a world chief in digital asset infrastructure, has formally introduced the launch of Ripple USD (RLUSD), a next-generation stablecoin that can be accessible beginning tomorrow, December 17, 2024, on main world exchanges. This stablecoin, absolutely backed by reserves in US {dollars} and equal monetary devices, stands…