Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,407,087,163,783.41
  • 24h Vol: $55,445,170,526.62
  • BTC Dominance: 56.57%

News Bytes – 5

polygon-labs-to-invest-$5-million-in-acquiring-vpu-based-server-systems

Polygon Labs to Invest $5 Million in Acquiring VPU-Based Server Systems

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 5, Polygon Labs, Polygon Network, ZK / / / , , , ,

Polygon Labs has announced a $5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed to support advanced cryptographic operations and optimized for ZK cryptography, aims to accelerate […]

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bitget-launches-direct-deposit-option-for-mexican-pesos

Bitget Launches Direct Deposit Option for Mexican Pesos

Leave a Comment / Bitcoin, Bitget, Crypto Hacked, Cryptocurrency, Ethereum, Mexican Pesos, Mexico, News Bytes, News Bytes - 5, SPEI / / / , , , , ,

Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for near-instantaneous electronic funds transfers between bank accounts in Mexican pesos, providing a secure and efficient way to move money. This integration aims

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travala-integrates-with-skyscanner,-enabling-crypto-payments-for-over-2.2-million-hotels

Travala Integrates With Skyscanner, Enabling Crypto Payments for Over 2.2 Million Hotels

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Crypto-native travel platform Travala has announced its integration with global travel marketplace Skyscanner. This partnership allows Skyscanner’s 110 million monthly users to discover and book over 2.2 million hotels using more than 100 cryptocurrencies via Travala. This integration positions Travala alongside leading travel agencies like Expedia and Booking, enhancing visibility and driving new users to

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former-mt-gox-ceo-mark-karpeles-to-launch-new-crypto-exchange-with-a-focus-on-transparency

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

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Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to

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Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership

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Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized applications (dapps) and smart contracts. Startale Labs, known for its innovative solutions like the Astar Network and Soneium, is

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paul-krugman-blasts-crypto-industry’s-‘huge’-campaign-donations

Paul Krugman Blasts Crypto Industry’s ‘Huge’ Campaign Donations

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In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have limited legitimate uses and are often associated with criminal activities. He highlighted the industry’s massive political spending, which accounts

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Fully Onchain AI Model Deployed on Internet Computer (ICP) Blockchain

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Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and

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lightning-network-protocol-stacks-completes-nakamoto-upgrade-with-defi-features

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, DeFi, Ethereum, L2, L2 projects, Layer two, lightning network, Nakamoto Mainnet, Nakamoto Upgrade, News Bytes, News Bytes - 5, Stacks / / / , , , , , , , , ,

The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc,

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‘World’s Coolest Dictator’ Bukele Promotes El Salvador as Free Speech Haven

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El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post, indirectly referencing the arrest of Telegram CEO Pavel Durov in France. Bukele emphasized that El Salvador guarantees freedom from arrest, censorship, and asset seizure for exercising free speech, positioning the nation as a haven for

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vitalik-buterin-raises-concerns-over-telegram-ceo’s-arrest-and-its-implications-for-tech-freedom

Vitalik Buterin Raises Concerns Over Telegram CEO’s Arrest and Its Implications for Tech Freedom

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Ethereum founder Vitalik Buterin has voiced his concerns following the arrest of Telegram CEO Pavel Durov in France. Buterin criticized Telegram’s previous approach to encryption but expressed alarm over the arrest, suggesting it poses a threat to software and communication freedom in Europe. He highlighted the shift in public criticism of tech leaders, noting the

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