Rebecca Moen January 14, 2025 18:05 io.net is collaborating with Injective (INJ) to advance decentralized AI and blockchain projects and provide developers with scalable GPU resources. The goal of this collaboration is to democratize access to AI and foster innovation. io.net, a popular decentralized GPU computing network, announced a collaboration with blockchain platform Injective to support decentralized finance and AI (DeFAI) developers. This partnership is poised to revolutionize the intersection of distributed computing and artificial intelligence, giving Web3 builders the tools they need to train, fine-tune, and deploy machine learning models using distributed resources.…
Author: Crypto Flexs
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This article is also available in Spanish. Chainlink has shown some volatility over the past few days, with its price plummeting 12% followed by an impressive recovery of 13% within 24 hours. This quick rebound has sparked optimism among investors who see the altcoin’s resilience as a sign of its potential for significant gains in the short term. Related Reading Top analyst Jelle shared her technical analysis on X, explaining that the LINK weekly chart is slowly evolving into “a thing of beauty.” The chart is bullish, suggesting that Chainlink could make a significant move if key price levels recover.…
Episode 1 of Season 7 of The Scoop was recorded as follows: The Block’s Frank Chaparro and Tom Schmidt, partners at Dragonfly. Listen below and subscribe to The Scoop on YouTube. apologize, Spotify, google podcast, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).The Scoop host Frank Chaparro is joined by Dragonfly partner Tom Schmidt.In this episode, Chaparro and Schmidt discuss the cryptocurrency market serving as an institutional asset class moving into 2025, and how this cycle has differed for venture capitals operating within this space.outline 00:00 Introduction 01:39 Cryptocurrency as an…
Maple Finance is considering using protocol profits to buy back native SYRUP tokens and distribute them to stakers as rewards, the decentralized finance (DeFi) protocol said in a governance proposal on January 13. The proposal, which awaits a token holder vote, would allocate 20% of Maple Protocol profits to monthly buybacks as an additional incentive for stakers. Maple said voting begins Jan. 20.Redemption takes place on decentralized exchanges (DEX) and over-the-counter (OTC) trading desks. According to the proposal, Maple was generating approximately $5 million in annual revenue from its on-chain lending services as of January 13.“By distributing repurchased tokens to…
Chainwire, Hanoi, Vietnam, January 14, 2025 Games Onboarding Billions of Users to Polkadot with Koni Stack’s Telegram Mini App-as-a-Service Koni Stack, a platform that accelerates the next generation of Web3 decentralized applications (dApps) with integrated end-to-end solutions, announced an innovative partnership with Mythical Games to launch Football Rivals, a new throwing game designed to bring in billions of dollars. Engage Telegram users in the Polkadot ecosystem. The game was built using Koni Stack’s cutting-edge Mini App SDK, which simplifies the development and deployment of mini apps for Telegram, giving players an easy entry into the blockchain world. Inspired by NFL…
Tony Kim January 14, 2025 16:08 Learn how the Blink Lightning Network wallet simplifies Bitcoin management with quick setup, user-friendly features, and advanced security options for smooth transactions. According to blog.bitfinex.com, the Blink Lightning Network wallet has emerged as a simple and user-friendly solution for managing Bitcoin transactions. The quick setup process and intuitive features make it a promising tool for both personal and business users looking to take advantage of the Lightning Network. Quick and easy installation Blink wallet can be easily downloaded on both Android and iOS platforms. Users can find it…
Cryptocurrencies have already completely transformed many aspects of business, from investments to salaries. But it also presents unique challenges, especially when it comes to compliance and international business expansion. This is why Employer of Record (EOR) Services It has been pivotal in exploring this direction, especially for businesses looking to pay with cryptocurrencies. Luckily, Rise, a Web3-based payroll provider, has been at the forefront of these modern cryptocurrency payroll solutions and demonstrates how its EOR service can facilitate this transition.Understanding EOR in the context of cryptographynot employer of record (EOR) serves as the legal employer of the company’s workforce and…
Cryptocurrency’s sluggish start to 2025 doesn’t worry Jason Pizzino, co-founder of cryptocurrency education company TIA Crypto. He is optimistic that the market can turn around before the end of the quarter. “It could still be a green quarter and an uptick from January 1 to March 31, but right now it’s not hitting the ball with what people were hoping for in the final cycle of 2021,” Pizzino told the Hall of Fame. flame. When asked if the expected cryptocurrency bull market could become an awkward non-event after all the hype, the Gold Coast-based Australian cryptocurrency influencer admits it’s possible,…
January 14, 2025, New York, USA, Chainwire Purple Bitcoin ($PBTC) is an emerging token set to redefine the digital asset space. Built on the Solana blockchain, PBTC combines Bitcoin’s store-of-value principles with Solana’s cutting-edge blockchain advancements. Our deflationary design and community-driven approach provides a unique and balanced product within the cryptocurrency ecosystem. Purple Bitcoin differentiates itself from emerging cryptocurrencies by offering immutable and irreversible deflation features, including: Automatic Token Burn: Reduce circulating supply with every transaction to increase value. Incineration Mechanism: Inspired by the Bitcoin halving event, PBTC incorporates a burn halving mechanism to provide adaptability and remain aligned with…
While bridging Bitcoin has long been a technical and philosophical challenge, other blockchain networks have embraced interoperability with relative ease.These difficulties arise from Bitcoin’s intentionally strict consensus rules and limited scripting language, which make cross-chain transactions cumbersome despite the demand for decentralized bridges. Over the years, the Bitcoin Virtual Machine (BitVM) protocol was developed to address these limitations. However, there are trade-offs, including increased complexity and reduced decentralization.Sergio Lerner, scientific expert at RootstockLabs, discussed the limitations of past approaches and the potential of Bitcoin (BTC) connectivity for the broader decentralized finance (DeFi) space in an exclusive interview with Cointelegraph.relevant: Bitcoin…