Cryptocurrency

CARV, the largest modular identity and data layer for gaming and AI, today announces the launch of its native utility token, $CARV. Built on Base and available now on 8 centralized exchanges including Bybit, Kucoin, and Bitget, the token marks a significant milestone in CARV’s mission to revolutionize data ownership.As the governance and participation cornerstone of CARV’s ecosystem—spanning CARV Protocol, CARV Play, and CARV Labs—$CARV empowers holders to actively shape the protocol’s future, share in its success, and truly own, control, and monetize their data. Holders can not only engage in decision-making and propose new features but also acquire CARV nodes with 40M tokens allocated to further decentralize the network and generate new revenue streams. Furthermore, CARV also provides a buyback program for the node holders to foster true decentralization. On the strength of CARV’s proven revenue model and high-yield staking opportunities, $CARV presents a compelling case for traders.$CARV is available today on the following 8 exchanges: Bybit, KuCoin, Bitget, HTX, Gate, BingX, HashKey Global, and MEXC. More exchanges are to come.This is proving a pivotal year for the project. In addition to securing $10M in Series A funding, propelling protocol decentralization with a $35M verifier node sale, and launching a $50M accelerator, CARV has demonstrated remarkable revenue generation, a rarity in the web3 space. In the first three quarters of 2024, CARV reported over $43M in total revenue. Today’s token launch marks a new chapter in data empowerment backed by a track record of financial success and technological innovation.And CARV isn’t done yet for 2024. The team remains busy focusing on its upcoming mainnet release and other key initiatives before the end of the year. These include extending its identity and data layer with decentralized sequencers and data verification, enhancing the ERC-7231 standard by incorporating Merkle trees to improve data processing and privacy, and offering an on-chain database solution for instant identity integration with CARV ID.For more, see Messari’s latest report into CARV or stay up to date at the blog or Twitter (X).About CARVCARV is building the largest modular Identity and Data Layer (IDL) for gaming, AI, and beyond, integrating over 900 games and AI companies, representing more than 30% of all Web3 games, and serving 9.5M+ registered players with 1.3M+ daily active users and 2.8M unique on-chain CARV ID holders. Ranking among the top three globally with 2.1M+ average daily unique active wallets across 40+ chains, CARV has raised $50M in total funding from top-tier investors like Tribe Capital, Temasek Vertex (NASDAQ:VRTX), HashKey Capital, Animoca Brands, and ConsenSys, along with major gaming studios and ecosystems such as MARBLEX (Netmarble) and the Sandbox. The team comprises industry veterans from Coinbase (NASDAQ:COIN), Binance, Google (NASDAQ:GOOGL), and Electronic Arts (NASDAQ:EA), all dedicated to revolutionizing data usage in gaming, AI, and beyond.ContactCOOVictor Y.vito@carv.ioThis article was originally published on Chainwire More

Among them is notable crypto trader and analyst Jelle. Taking to X (formerly Twitter), he shared an insightful analysis of the current market situation and gave a massive BTC price prediction. The analyst explained that the consolidation phase in the summer bull market phases historically ends around the last 10 days of October.Per his prediction, the Bitcoin chart looks ready to ignite this potential bull run. The current all-time high of BTC is around $73,780. The coin achieved this milestone in March of this year after the launch of Bitcoin Spot ETFs in January. Now, Jelle is expecting a new ATH by the end of October or the start of November.As of press time, Bitcoin is trading around $61,788 after a drop of 1.75% in the last 24 hours. Bitcoin has been trading around this channel, and the “chop season,” a term used by Jelle, seems to be continuing. However, Jelle’s analysis states that this phase is going to be over soon, and new highs are in the cards for Bitcoin.This article was originally published on U.Today More

For those who may not know, Lichtenstein and Morgan allegedly used advanced hacking tools to infiltrate Bitfinex and conduct over 2,000 transactions to transfer the stolen Bitcoin to a personal wallet. They then laundered the funds through various means, including converting some into gold coins, which Morgan buried.Since their arrest in February 2022, the U.S. government has recovered approximately 95,000 stolen BTC, valued currently at $5.89 billion, and an additional $475 million in related assets. Right now, these coins are located in the “bc1qazcm” address, belonging to the FBI, according to Arkham Intelligence.Despite the magnitude of the theft, the U.S. government today announced that it is not aware of any individuals other than Bitfinex who qualify as victims under the Crime Victims’ Rights Act (CVRA) or for restitution under the Mandatory Victims Restitution Act (MVRA).It is likely due to the fact that the U.S. Department of Justice added that Bitfinex had previously compensated affected customers by issuing “BFX” tokens, all of which were redeemed by April 2017. This compensation suggests that no additional victims may be eligible for restitution, leaving Bitfinex as the only party entitled to recover the seized Bitcoin.This article was originally published on U.Today More

“We’re pleased to announce that Coinbase․com users can now send Bitcoin to Taproot addresses, creating access to more onchain destinations,” Coinbase wrote in a recent tweet.Taproot, an upgrade implemented in November 2021, aimed to improve the privacy, efficiency and smart contract capabilities of the Bitcoin network.A Taproot address, also known as a Bech32m address, is a unique Bitcoin address format that begins with “bc1p” and originates from Bitcoin’s Taproot update, which includes Schnorr signatures. While these addresses improve transaction secrecy and efficiency, not all wallets support Bech32m.Support for Taproot addresses is also yet to be adopted by many exchanges, leaving users unable to fully utilize the benefits of the upgrade. Coinbase’s decision to allow Bitcoin transfers to Taproot addresses aligns it with the evolving Bitcoin ecosystem.The Taproot upgrade contained three Bitcoin Improvement Proposals (BIPs): BIP340 (Schnorr Signatures), BIP341 (Taproot) and BIP342 (Tapscript).Taproot provides Bitcoin with an upgraded transaction programming language that incorporates Schnorr and Taproot technology. This enables developers to deploy future Bitcoin updates more efficiently.While the Taproot update was implemented about three years ago, its full impact may take some time to be realized. The impact of this upgrade is expected to be fully actualized in the coming years, when more service providers adopt the technology. This article was originally published on U.Today More

He notes that great gains typically follow halving cycles, and that the period since March 2024, when the latest all-time high was set, appears to be a brief pause in the ongoing upward trend for BTC. This said, his price target is $135,000 for August or September 2025.As you can see, the expert does not only rule out the possibility that Bitcoin will reach six figures at once but also that it will increase by 35% over it in the next 365 days. However, Brandt also gives an invalidation point at $48,000 which, if reached, will place these possibilities at zero.Now, the price of Bitcoin is in a kind of limbo as traders are stuck in a narrow range with no concrete direction. Some may refer to this phase of the market as a “chop.”Looking ahead, the upcoming release of important macroeconomic data regarding the U.S. economy may be the catalyst needed to revive Bitcoin’s price movement. In particular, traders are anticipating the release of the monthly Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) notes over the next two days.This article was originally published on U.Today More

The last time this wallet was used was a few months after mysterious Bitcoin creator Satoshi Nakamoto posted his farewell message to the Bitcoin community and disappeared. The profit shown by the awakened Bitcoin holder is tremendous.Today, in October 2024, this Bitcoin stash is worth $7,525,999, which constitutes a mind-boggling growth of 5,972,920%.This report about the dormant whale came on the day when HBO released its long-expected documentary titled “Money Electric: Bitcoin Mystery.” In it, director Cullen Hoback identified early Bitcoin developer Peter Todd as Satoshi Nakamoto.Many in the Bitcoin community found that and other evidence presented in the documentary highly insufficient. Dogecoin cofounder Billy Markus said that Satoshi was definitely not Peter Todd, but rather, he believes it could have been Hal Finney with a team of developers. Finney passed away 10 years ago from ALS.In a comment to Whale Alert’s post about the aforementioned whale, an X user jestingly wrote: “Is that you, Peter Todd?”Todd himself has criticized Hoback for endangering Todd’s life with such an “irresponsible” documentary. He also tweeted to say: “The truth is pretty simple: there’s hundreds, even thousands of people who could have created Bitcoin.”Finally, he stated: “We’re not going to find Satoshi.”Many in the crypto community agree with Billy Markus, believing that Satoshi was Hal Finney or, according to recent data from the Polymarket platform, it could have been Len Sassaman, a cryptographer who committed suicide in early 2011, just a couple of months after Satoshi disappeared.This article was originally published on U.Today More

The total amount of coins withdrawn was 2,924 BTC, which is about $182.56 million, and that is for just three transactions today. This was followed by the transfer of $60 million in the popular USDT stablecoin from Kraken to Bitfinex, another major crypto exchange that is considered a haven for market old-timers.The similar ping-ponging of stablecoins and Bitcoin has been seen before between these two large centralized marketplaces. This time, however, it is not known where the Bitcoin from Kraken went. All three addresses to which the transfer was made are different. The only clue is that one of the transfers appears to have been made by the exchange itself to its own wallet. This may indicate that the other two withdrawals were also made as part of some internal Kraken operation.On the other hand, there may be more to this activity, in which case it is of greater interest and deserves more attention. Regardless of the outcome, the consequences of these moves will surface first on the BTC price chart.This article was originally published on U.Today More

Memereum has recently claimed the top position on CoinSniper, thanks to over 3,100 votes from its growing community. This achievement signaled strong market confidence in the project to the team and highlighted the enthusiasm surrounding Memereum’s innovative features. As the presale continues, Memereum has sold over 32 million tokens, making it one of the most successful crypto presales in recent times.Community-Driven Success on CoinSniperCoinSniper is a platform where upcoming crypto projects are ranked based on community votes. By securing the top spot with over 3,100 votes, Memereum has demonstrated an active and dedicated community. This grassroots support is crucial for driving a project forward and has played a significant role in the continued growth of Memereum’s presale.The strong showing on CoinSniper may suggest broader interest in Memereum’s features, including its combination of blockchain insurance and staking opportunities. The ongoing presale has also seen growing interest, which has contributed to Memereum’s visibility as a project to watch in the lead-up to 2024.Presale Milestone: 32 Million Tokens SoldMemereum’s presale has crossed the 32 million tokens sold milestone, and according to the team, it’s reflecting an increased demand from investors looking for projects with long-term utility and growth potential. Memereum’s appeal lies in its features, such as automatic staking benefits for early investors and blockchain insurance that provides an extra layer of security on MemeSwap, its decentralized exchange.Additionally, Memereum is already pre-listed on four major CEX platforms, positioning itself as an option for those seeking to participate in a project that combines safety, transparency, and real-world use cases.Plans for 2024As Memereum’s presale progresses and community engagement remains strong, the project is preparing for continued growth in 2024. The team is continuously developing new features and expanding its marketing efforts, with plans to roll out even more innovative tools on MemeSwap.About Memereum (MEME)The strong interest in Memereum (MEME) can be attributed to its innovative approach in the blockchain sector and its growing community support. Memereum is the first blockchain insurance with an integrated DEX for supported token trading. Users can learn more about Memereum by clicking here.For more details on how to join the presale, users can visit memereum.netContactBessie CooperMemereummarketing@memereum.netThis article was originally published on Chainwire More