Santa Clara, CA, January 7, 2025, Chainwire CARV, an AI chain ecosystem enabling large-scale data sovereignty, announced its official launch. CARV SVM Chain Testnet. CARV SVM Chain is an agent infrastructure designed to enable large-scale data sovereignty. An AI agent infrastructure that extends the capabilities of SVM to Ethereum, pioneering a secure and seamless ecosystem for AI agents. Built on zk technology and based on Trusted Execution Environment (TEE), the CARV SVM chain provides unparalleled data privacy, scalability, and liquidity connectivity between Ethereum and Solana. This milestone represents progress in developing a secure, scalable, and decentralized ecosystem aimed at supporting…
Author: Crypto Flexs
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Solana developers proposed a new hashing system that would change the way the Solana network verifies and tracks user accounts to address scalability issues due to mass usage. In a Jan. 6 proposal titled SIMD-215, the developers introduced a “lattice-based homomorphic hashing function” that would change the way the blockchain tracks user accounts. SIMD-215 introduces a new lattice hashing function that can dramatically improve scalability. Source: GitHub“The primary goal is to scale Solana to billions of accounts and compute a ‘hash of all accounts’ in real time and space,” the proposal reads.Currently, the Solana network must periodically recalculate the “state”…
San Francisco, CA, January 7, 2025, Chainwire On-chain interactions with selected open ecosystem projects now award users $OPEN points. The first list of eligible projects that will earn users $OPEN points includes AISweat.Shop, Overlord.bot, Gameboi.ai, and OpenDeSci Platform, with more projects to be released at https://webisopen.com/ no see. Points from previous @owlonmusk_ campaigns will automatically be linked/converted to $OPEN points. Check out previous campaigns here: https://x.com/Owlonmusk_/status/1856245362870411344 The exact calculation of $OPEN points and utilities has not yet been released. More information will be available soon at https://webisopen.com/. Additionally, all Open ecosystem projects such as AiSweat.Shop (ASS), Open DeSci Platform, Overlord.bot,…
Phantom, a non-custodial cryptocurrency wallet, has just released a statement denying rumors that there will be a token airdrop. Last month, Phantom announced that it would make its wallet more social by allowing users to customize their profiles and search for and follow friends. In a post on social media platform X, a popular wallet with around 7 million monthly active users. says The launch of the social search feature will not include a token airdrop and there are no plans to issue its own coin. Phantom makes the statement amid rumors that users will receive tokens for following other…
The allure of meme coins like Shiba Inu prices can promise explosive profits, but JPMorgan analysts warn investors not to fall prey to FOMO-driven choices. Instead, strategic investments in well-established cryptocurrencies like WallitIQ (WLTQ) provide the resilience and value needed for continued success. Given the unpredictable nature of Shiba Inu prices, these analysts suggest investors work with WallitIQ (WLTQ) for sustainable wealth. Investor attention shifts from Meme Coin to the more stable WallitIQ (WLTQ) Altcoin. Shiba Inu Price was once the star of the meme coin craze, but the token has come under serious scrutiny from many cryptocurrency experts. So…
The FET cryptocurrency has outperformed BTC, ETH and other major assets with an upward momentum of 7.5% over the past 24 hours. 80.23% of Binance’s top traders have established buy positions, and 19.77% have established sell positions. The Artificial Superintelligence Alliance (FET) is making waves in the cryptocurrency space following its bullish price action and recent price gains. Market sentiment appears to be mixed at the moment as Bitcoin (BTC) is once again approaching the $100,000 mark with an impressive 1.36% upward momentum, while other cryptocurrencies appear to be struggling. FET Crypto Outperforms BTC, ETH Amid this market uncertainty, FET…
According to data from DefiLlama, the Solana network has more 24-hour decentralized exchange (DEX) trading volume than Ethereum and Base combined. According to DefiLlama, as of January 6, daily trading volume for Solana-based DEXes was close to $3.8 billion, compared to $1.7 billion for Base, Ethereum’s most popular layer 2 scaling network, and $1.2 billion for Base. .The increase in trading volume reflects the Solana Network’s growing prominence in the decentralized finance (DeFi) space and its emergence as a serious challenger to Ethereum.From a price perspective, Solana (SOL) has outperformed Ether (ETH) by about 8 times since 2023, according to…
Metaplanet began purchasing Bitcoin in May 2024 as a strategic treasury reserve. The Tokyo-listed company currently holds 1,761.98 bitcoins. Bitcoin returns reached 310% from October 1, 2024 to December 23, 2024, compared to 41% from July 1, 2024 to September 2024. Metaplanet is on a mission to increase Bitcoin holdings to 10,000 in 2025 while leveraging partnerships to drive Bitcoin adoption globally. In a post to Looking back on 2024’s performance, Gerovich emphasized that the company had “broken records, expanded Bitcoin treasury, and strengthened our position as Asia’s leading Bitcoin treasury company.” Dear valued shareholders, Happy New Year! As we…
Dogecoin has made a notable recovery over the past week, but social media users remain bearish. Here’s why this is good for rallies: Dogecoin Weighted Sentiment Remains Negative Recently As analyst Ali Martinez points out in a new post on X, Dogecoin Weighted Sentiment still has red readings. “Weighted Sentiment” here refers to an indicator from analytics company Santiment that provides insight into the prevailing sentiment associated with a particular asset on major social media platforms. This metric is based on two different metrics: Sentiment Balance and Social Volume. The first of these, Sentiment Balance, calculates the net sentiment present…
Ethereum (ETH) co-founder Vitalik Buterin is suddenly selling dozens of digital assets, including NEIRO and other memecoins. Buterin sold Dogecoin (DOGE) and other small-cap, lesser-known digital assets on Monday, according to market analysis platform Arkham Intelligence. Pseudonymous on-chain analyst EmberCN provides a list of Buterin sales of 28 memecoins totaling close to $1 million on social media platform X. Sale prices include 70 million Neiros for $74,095 and 92,000 DOGEs for $35,233. An on-chain analyst said Buterin appears to be consolidating his assets to send donations to his charity Kanro. Kanro is a biotech charity originally founded by Buterin to…