Tag: Blockchain

Blockchain News: Everything You Need to Know About New Cryptocurrency The Deep State ($DST)

In a cryptocurrency market often dominated by established giants like Bitcoin and Ethereum, a new contender is stepping into the spotlight with a focus on privacy and innovation. The Deep State ($DST) is designed to provide unparalleled on-chain anonymity, ensuring secure and untraceable transactions in an increasingly surveilled digital world. Launching on December 20th, $DST is capturing attention for its cutting-edge privacy features and next-generation blockchain technology, offering users complete control over their financial activities without fear of tracking or interference. As discussions around digital privacy grow, The Deep State…

Stanford Blockchain Club Challenges DOJ’s Tornado Cash Case

The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […] Source CryptoX Portal

Aethir Launches $100M Ecosystem Fund With Blockchain Center Abu Dhabi

Aethir has partnered with the Blockchain Center Abu Dhabi (ADBC) to foster Web3 innovation in the MENA region. They will focus on advancing AI and gaming projects through Aethir’s $100 million Ecosystem Fund, which includes graphics processing unit (GPU) subsidies and token grants for eligible ventures. Aethir’s decentralized GPU cloud infrastructure provides high-performance computing solutions, […] Source CryptoX Portal

Alchemy Pay plans to launch its own layer-1 blockchain

Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications. Alchemy Pay (ACH) notes that the layer-1 blockchain will be dubbed Alchemy Chain and built on the Solana (SOL) Virtual Machine architecture. Per an announcement on Dec. 11, the new L1 will offer a payment system allowing users to transact with fiat and crypto. The platform will also offer a user-friendly ecosystem bridging on-chain and off-chain processes, chain abstraction, a stablecoin revenue mechanism, and yield generation. Additionally,…

Backpack Integrates Sui Blockchain for Enhanced User Experience

James Ding Dec 11, 2024 16:31 Backpack, a leading exchange and wallet, integrates Sui’s high-performance blockchain to enhance user experience, expanding opportunities for projects and users across multiple platforms. Backpack, a prominent exchange and wallet platform, is set to integrate with Sui’s high-performance blockchain, a strategic move aimed at enhancing user experience and expanding integration opportunities. This development, reported by the Sui Foundation, marks a significant milestone for both platforms. Expanding Opportunities Backpack has established itself as a versatile platform, known for…

GIGATONS, HEARST, and Alephium Unveil Groundbreaking Blockchain Project to Revolutionize Net-Zero Mining

PRESS RELEASE. GIGATONS, HEARST, and Alephium have unveiled a transformative, solar-powered Bitcoin Mining project with Verifiable on-chain Carbon Credits. As one of the first initiatives powered by the GIGATONS platform – a technology and funding platform aiming to mobilise $100BN to deliver gigatons of CO₂ reductions at speed and scale – this project combines green […] Source CryptoX Portal

Shiba Inu Price Predictions for 2025—Can It Compete with Lightchain AI’s Blockchain Revolution?

When it comes to cryptocurrency, innovation is always the name of the game. And while memecoins like Shiba Inu ($SHIB) continue to captivate the imagination of casual crypto enthusiasts, groundbreaking projects like Lightchain AI are flipping the script on what blockchain can achieve. With Lightchain AI’s Presale now live (join here) offering a token price of just $0.003, investors are asking—can Shiba Inu’s community-driven popularity maintain its momentum, or will it face competition from Lightchain AI’s revolutionary Proof of Intelligence (PoI) and AI Virtual Machine (AIVM)? This blog dives deep into weekly…

Bitcoin ETFs Surpass Satoshi’s Holdings, Blockchain Firm Breaks Down Institutional Adoption In 2024

The year 2024 will be one for the history books for the cryptocurrency industry and, especially, for Bitcoin. After kickstarting the year with the approval of spot exchange-traded funds (ETFs), it didn’t take long before the premier cryptocurrency rode on the back of fresh institutional capital to a new all-time high. This has pretty much been the story for Bitcoin in the past 12 months, as the market leader has enjoyed the most attention from institutional players and large corporations. Blockchain analytics firm CryptoQuant recently published a report to highlight…

WikiLeaks’ Afghan war logs to be immortalized on the Bitcoin blockchain on Dec. 12

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WikiLeaks Founder Julian Assange and supporters plan to mint 76,911 Afghan war log files into Bitcoin inscriptions on the Ordinals through Project Spartacus. The collection of documents spanning six years of recounts from the Afghan war titled “Afghan War Diary 2004-2010” is currently available on the WikiLeaks site. The documents released in July 2010, consists of over 91,000 reports covering the war, including confidential content in US military operations, including civilian casualties and interrogation methods. Although they are publicly available, the sensitive nature of the content means that there is…