Author: John Smith
On Feb. 26, Zuvu AI and Vana announced a partnership to enhance decentralized artificial intelligence in Bittensor. The goals are to create a more open, financially sustainable AI ecosystem. Zuvu AI (formerly SocialTensor) brings its experience scaling four Bittensor (TAO) subnets, while Vana, recently advised by Binance founder Changpeng Zhao, contributes its pioneering user-owned data network. This collaboration aims to test a new artificial intelligence development model, one that’s open, collaborative, and financially sustainable, by integrating key layers of the decentralized artificial intelligence stack. Creating real-world value Art Abal, Managing Director at Vana Foundation, commented the partnership integrates Vana’s data…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin plunges 40%, Shiba Inu and Codename:Pepe hold strong with promising upside potential. The crypto market is in turmoil as Dogecoin (DOGE) faces a significant decrease, losing 40% of its value amid a selling frenzy. While uncertainty looms for this meme coin, others seem to be holding their ground. The spotlight turns to Shiba Inu (SHIB) and an intriguing newcomer, Codename:Pepe, noted for its potential in the current bull market. Codename:Pepe is making waves as it aims to…
Sweat Economy, a Web3 platform with 20 million mobile users incentivizing physical activity, has announced at EthDenver the launch of its new artificial intelligence-powered personal agents in its Sweat Wallet app. The initiative was developed in partnership with NEAR.AI, NEAR Protocol’s (NEAR) AI unit. This new large-scale AI deployment is powered by 700,000 queries from $SWEAT token holders and represents a milestone for consumer crypto by introducing personalized assistance to individual users. Bringing AI-powered assistance to millions With over 19 million $SWEAT token holders and 3 million monthly active users, Sweat Wallet is the first major consumer crypto app to…
Aneirin Flynn, co-founder and CEO of FailSafe, spoke with crypto.news about the Bybit exploit, future preventive measures, and why an Ethereum rollback is unfeasible. Cryptocurrency prices tumbled following one of the largest cyber heists in financial history, as North Korea’s Lazarus Group breached Bybit’s Ethereum (ETH) cold wallet, stealing more than 400,000 ethereum worth $1.4 billion at the time. Ben Zhou, Bybit’s CEO, was quick to defend the exchange. The community was kept informed, industry leaders mobilized resources to assist, and Bybit filled the financial gap within days, restoring withdrawals to normal. While recovery efforts advanced through a bounty program…
Cryptocurrency prices fluctuated on Feb. 26 after experiencing double-digit losses the previous day. Quant (QNT), a cryptocurrency project focused on real-world asset tokenization traded above the $110 mark Wednesday morning before giving back some of its gains. The same holds true for Polkadot (DOT), Uniswap (UNI) and Pi Network (PI). These were some of the more closely watched tokens among traders. Pi Network, which launched its mainnet last week, surged as traders anticipated an upcoming Binance listing. Its rally pushed its self-reported market capitalization to over $14 billion, making it the 11th-largest cryptocurrency. Quant price rises after bullish candle formation…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP, Solana, and Cardano struggle to recover, Rollblock surges ahead, capturing investor interest with its unique proposition. The crypto market has been struggling to regain upward momentum after its recent crash, with XRP, Solana (SOL), and Cardano (ADA) among altcoins failing to show signs of a reversal. However, Rollblock (RBLK) is bucking the trend, surging to new highs on the back of its presale launch. With its transformative Web3 gaming platform and a deflationary revenue-sharing model, Rollblock could…
The recent Bybit hack is a geopolitical issue rather than a fundamental flaw in cryptocurrency security, according to Crucible Capital’s Meltem Demirors. Speaking on CNBC’s “Power Lunch,” Demirors and TrustedSec CEO David Kennedy linked the attack to North Korea’s Lazarus Group, which has a history of targeting digital assets. Kennedy noted that the hack mirrored past cyberattacks that relied on social engineering tactics to compromise developer accounts. “They did a lot of research and a lot of understanding around the exchanges and the infrastructure, as well as how these types of, you know, public and private key cryptography components work,”…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, Solana, and Polygon are set for massive growth in 2025, driven by strong fundamentals and investor interest. As the cryptocurrency market continues to shift, investors are looking for standout projects with massive potential for growth. Lightchain AI, having raised over $16.8 million in its presale, is a prime candidate for high rewards. However, Lightchain AI isn’t the only coin poised for massive growth — there are a few other promising cryptocurrencies to keep an eye on this…
In recent years, Texas Bitcoin mining has gained attention as large-scale operations flock to the state for its abundant resources and welcoming business environment. Many point to low energy prices and pro-business policies as key incentives driving mining projects. Even West mining has seen tremendous growth, thanks to cheap wind and solar power. These developments raise curiosity about the future of Bitcoin mining in Texas and whether the state will maintain its status as a premier location for blockchain-based ventures. Economic Advantages Driving Miners to Texas Multiple factors contribute to Texas Bitcoin mining success stories, from its deregulated energy market…
FTX’s bankruptcy costs are approaching $1 billion, making it one of the most expensive Chapter 11 cases in U.S. history. Court records show that nearly $948 million has been paid to legal and financial firms working on the case, with over $952 million in fees approved so far. Despite the hefty costs, most customers are expected to recover 118% of their claims, a rare outcome in bankruptcy proceedings, according to Bloomberg. The high fees stem from efforts to recover billions of dollars in assets spread across a complex web of accounts. Lawyers and financial advisers have played a crucial role…