Shiba Inu (SHIB), the second largest Mimecoin by market cap, recently faced significant losses after being implicated in the hacking of India-based cryptocurrency exchange WazirX. This disturbing news has cast a shadow over SHIB’s short-term outlook, adding to concerns about a potential sell-off.$100 million worth of SHIB tokens were compromised.On July 18, SHIB’s price fell by around 10% to $0.00001720. The drop came after Web3 security firm Cyvers detected suspicious movement of around $235 million worth of cryptocurrency from wallets linked to WazirX, including around $100 million worth of Shiba Inu.SHIB/USDT hourly price chart. Source: TradingViewThe wallet also held $52…
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Exchange • July 19, 2024 12:34 PM EDT Posted 1 minute earlier In ~ Updated: July 19, 2024 3:02 PM EDT Binance.US has been given approval by a judge to invest certain customers’ assets in U.S. Treasury bonds as part of an order setting terms for the cryptocurrency exchange.As part of the order signed by Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia on Friday, Binance.US is required to work with third-party investment advisers to invest in the assets of BAM Trading Services Inc. and BAM Management US Holdings Inc. (collectively, BAM Assets), both…
The prospect of finding a cryptocurrency with the potential to significantly increase investment amounts by 2025 is still a topic of great interest among investors.So, let’s take a look at the best cryptocurrencies that can make investors millionaires by the end of 2025. This article explores past success stories to gain a deeper understanding and highlights investment rules tailored to maximize your returns.Best Cryptocurrency Picks for 2025One. Bitcoin (BTC) Bitcoin is up 42% this year and is currently trading at $69,887.91. Here are some catalysts that could ensure Bitcoin’s continued uptrend:Last 4 years Divide in half—In 2024, 2020, 2016 and…
Jack Anderson 20 Jul 2024 02:23 ElevenLabs has released Turbo v2.5, which provides low-latency text-to-speech in 32 languages, and adds new support for Vietnamese, Hungarian, and Norwegian. ElevenLabs, a leading provider of text-to-speech (TTS) solutions softwareAnnouncing the release of their latest model Turbo v2.5. According to ElevenLabs, this new version significantly improves the speed and quality of TTS in 32 languages. Improved speed and language support The Turbo v2.5 model has tripled the processing speed for languages such as Hindi, French, Spanish, and Chinese. This update aims to provide high-quality, low-latency conversational AI capabilities…
Toncoin (TON) is the native coin of The Open Network, a layer 1 blockchain initially developed by the Telegram messaging app. The TON ecosystem is primarily driven by Telegram’s 900 million active users. Despite being relatively new to the decentralized application (DApp) ecosystem, the TON network has surpassed Optimism to become the 10th largest blockchain in terms of total value locked (TVL).Top Blockchains Ranked by TVL, USD. Source: DefiLlamaFuture plans include a Bitcoin bridge and EVM compatibility.On June 26, Bitget cryptocurrency exchange and Singapore-based investment firm Foresight Ventures announced the TON Ecosystem Fund, a $20 million fund to support early-stage…
The Chicago Board Options Exchange (Cboe) has issued listing notices for five new spot Ethereum exchange-traded funds (ETFs) that are set to begin trading on July 23, confirming a report from earlier this week.The notice made it clear that the funds were awaiting final regulatory approval. The five ETFs are 21Shares’ CETH, Fidelity’s FETH, Franklin Templeton’s EZET, Invesco’s QETH, and VanEck’s ETHV.Each ETF is listed on Cboe’s BZX exchange and appears on the SIAC Tape B data feed.Eric Balchunas, senior analyst at Bloomberg ETFs, reported on July 15 that the SEC had ordered issuers to file final amendments in preparation…
According to blockchain analytics platform Santiment, holders of the native XRP Ledger (XRPL) token are rapidly accumulating the digital asset. According to Santiment, whales and sharks have been actively adding to their XRP holdings over the past 11 months, bringing their total holdings to 51.59 billion tokens, worth $29 billion, the highest ever. “XRP has broken $0.58 for the first time since the broader market rally on April 12. This rally is supported by the increasing levels of coin holdings by whales and sharks, who own more than 100,000 XRP coins. A notable turning point in supply accumulation began in…
Company • July 19, 2024 1:00 PM EDT Posted 5 minutes ago In ~ Nirvana Labs, a blockchain cloud company, has raised $4 million in startup funding. Castle Island Ventures and RW3 Ventures co-led the round. Additional support came from BitGo Ecosystem Fund, Hash3, Third Earth, and Play Ventures. The seed round brings Nirvana Labs’ total funding over the past six months to $5.7 million, according to a company press release shared with The Block. Nirvana Labs is developing a cloud infrastructure designed for web3 purposes. The product, Nirvana Cloud, is used by prominent crypto companies such as Chainlink, BitGo,…
HyperNodes form a critical part of Lumia’s data availability and liquidity management technology. These nodes combat risks associated with data loss or manipulation, setting a new standard for blockchain integrity. Lumia, a zkEVM-based Layer 2 platform built on Polygon CDK, has launched the public sale of its Data Availability Committee (DAC) nodes, known as HyperNodes. Lumia says it plans to leverage the node sale to redefine data availability and liquidity for users in the blockchain ecosystem. The Role of HyperNodes in Lumia According to the press release, the community can now purchase Lumia’s HyperNodes at node.lumia.org. By participating in this…
Lawrence Jengar 19 July 2024 17:09 NVIDIA launches self-paced courses for career development in AI and data science, providing essential training and industry insights. NVIDIA announces new initiatives to support career development. A.I (AI) and data science through a series of self-paced, on-demand courses. According to the NVIDIA blog, the tech giant aims to equip professionals with the skills they need to excel in this rapidly evolving field. AI Opportunity The impact of AI is permeating nearly every industry, creating new career opportunities for professionals from diverse backgrounds. Lauren Silveira, NVIDIA’s university recruiting program…