Cryptocurrency

Building on its recent launch, Crypto Content Creator Campus (CCCC) is proud to announce a surge of support from leading industry players to share the future of crypto content development together. CCCC’s Inaugural Event Secures Backing From Bybit, MEXCThe first-ever Crypto Content Creator Campus (CCCC) has attracted significant backing from key figures in the blockchain space. Major crypto exchanges, including Bybit and MEXC, have stepped in as title sponsors, reaffirming their dedication to fostering the next wave of crypto influencers. Additionally, companies like Zoomex and others have come onboard as silver sponsors, underscoring the recognition of CCCC as a highlighted event in the crypto industry.Scheduled from November 8th to 10th in Dubai, CCCC stands as the flagship annual event for the crypto community. It provides a unique platform for content creators, influencers, and key opinion leaders (KOLs) to learn, network, and collaborate, all while shaping the future of the industry. This educational retreat equips attendees with the tools to further crypto adoption and expand the broader crypto ecosystem.For more information, sponsorship opportunities, or to register for the event, readers can visit https://www.cccc.buzz/.About Crypto Content Creator Campus (CCCC)CCCC are a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, CCCC has curated a campus that promises an experience unlike any other.For more details about CCCC, readers can please visit: https://www.cccc.buzz/For inquiries, readers can please contact: hello@cccc.buzzInstagram | X AccountContactPR RepTony AuCrypto Content Creator Campustony.au@bybit.comThis article was originally published on Chainwire More

The Huddle01 decentralized Real-Time Communications Network is a multi-sided network with Media Nodes, suppliers of dRTC bandwidth for participants and consumers of audio/video meetingsOn November 6, 2024, Huddle01, a leading decentralized real-time communications layer, will launch its media node sale. Huddle01 is setting new standards in decentralized communication, offering a robust and efficient solution to the challenges faced by traditional real-time communication (RTC) providers. Since 2023, Huddle01 has hosted 6 million minutes for more than 100,000 events. The first dRTC Network Huddle01 is the first Decentralized Physical Infrastructure Network (DePIN) for RTC or audio/video conferencing. Huddle01 coordinates unused internet bandwidth through node operators to enable seamless audio-video communication via its innovative decentralized, or dRTC network.Unlike most DePINs, Huddle01 is built from the demand side, addressing the high operational costs and geographical latency issues faced by centralized RTC networks. Founded during Covid-19 as Indian schools moved online, Huddle01 replaced centralized communication systems, which route calls through distant servers — often halfway across the world — causing significant delays and poor performance for video conferencing.By reducing the reliance on centralized data centers, Huddle01 also minimizes developers’ server costs for audio and video calls by up to 95% compared to AWS, ensuring cost-effective and high-performance communication. Huddle01’s app layer Huddle01 Meet integrates Web3-native tools, allowing users to connect wallets, use NFT profile pictures as avatars, and host token-gated meetings. Video recordings can be securely stored on the InterPlanetary File System (IPFS), emphasizing the platform’s commitment to decentralization and security. Led by CEO and Co-Founder Ayush Ranjan and Co-Founder and CTO Susmit Lavania, Huddle01 has an experienced team with 15+ years in RTC and 5+ years of token engineering. Key leadership positions at Huddle01 are held by alumni of BlockScience, ConsenSys, Polygon, Cardano, Persistence, CoinDCX, and Guardian Link.Nodes lead to improved latencyHuddle01 Media Nodes – the atomic unit of Huddle01’s dRTC network – provide the necessary bandwidth to encode, decode and route audio/video packets for uninterrupted audio and video communication across the globe. “Google (NASDAQ:GOOGL) Meets and Zoom (NASDAQ:ZM) streams 300 million minutes per day. If Huddle01 captures just 1-5% of this market in the next 12 months, we would have triggered the highest web3 adoption ever.” CTO Susmit Lavania explained. While latency issues, or lags and glitches, in the developing world hinder innovation, in truth, they hinder productivity everywhere. Distance education, streaming, gaming and healthcare can all be improved by better internet services.“These nodes will power a network that already outperforms the incumbent web2 competitors on latency where there is a large cluster of nodes, and is capable of improving lags across the globe,” says Ayush Ranjan, CEO of Huddle01. “We are excited to launch this node sale, because as we sell more nodes, the benefits for consumers and businesses will only grow. Node operators are incentivized to run a node, allowing them to create more value for themselves but more importantly, they can actually notice the improvement in latency in all their applications,” added Ranjan. Huddle01: Revolutionizing Real-Time Communication with DePIN Huddle01 Media Node Sale features-END-About Huddle01 Huddle01 is a decentralized real-time communication (dRTC) network for audio and video streaming – DePIN for RTC – that has clocked in 6 million+ minutes of meetings to date. The dRTC network eliminates the dependency on centralized servers for real-time communication across the globe. Huddle01 is democratizing connectivity over cyberspace by enabling people to access best in class bandwidth without relying on local physical infrastructure. The network has raised $6M to date and is backed by marquee angels like Balaji Srinivasa, Stani Kulechov and leading VC funds like Hivemind, Protocol Labs, Superscrypt, Consensys and others. Huddle01 makes it possible to build high-quality audio/video applications in minutes. Leveraging its suite of SDKs, multiple web3 applications have integrated the composable Huddle01 SDKs as their video communication layer. The infrastructure (developer SDKs) has been utilized by 100 projects including Lens Protocol, Solana, and CyberConnect. Soon Huddle01 will be onboarding 1.5M active users to their dRTC network with upcoming integrations.To learn more visit, www.huddle01.com | Twitter | Website | MediumContactSenior PR ManagerPatrick KennedySerotoninpatrick@serotonin.coThis article was originally published on Chainwire More

Gluwa CEO participated in the “Destination 2030: Nigeria Everywhere” event, a side panel during the United Nations General Assembly, hosted by Nigeria’s Ministry of Culture. During the panel, he emphasized the potential for Nigeria’s cultural and creative industries to gain global prominence through blockchain innovation.Speaking at the event, Gluwa’s CEO highlighted Nigeria’s unique cultural heritage and its captivating storytelling traditions. “Nigeria has a unique culture and a unique story to tell,” he remarked. “As a blockchain entrepreneur, I envision working closely with Nigerians to create a truly borderless financial system that amplifies their creative voices on a global stage.”He outlined how blockchain technology could enable the world to invest in Nigeria’s creative industries, particularly its thriving film sector, and beyond. Through tokenization, investments in Nigerian films and other creative projects can be democratized, allowing people from around the globe to participate in and trade these assets. Additionally, he proposed blockchain-based solutions for facilitating donations to support small creators and emerging talents.”The power of blockchain lies in its ability to break down barriers and empower creatives, no matter where they are. By bringing the Nigerian creative industry to the international market, we can help secure investments, promote cultural exchange, and provide new revenue streams for creators,” he added.The CEO’s participation in the “Destination 2030” event reinforced Gluwa’s commitment to using blockchain technology to address global challenges and unlock RWA opportunities.About GluwaGluwa is a blockchain innovation and development company that creates technology solutions for real-world use cases in emerging markets to make financial accessibility a universal reality. Gluwa builds borderless technology to unite our global economy and empowers a new generation of users with the economic tools, education, and accessibility they need to thrive in the new digital age.Website | X/Twitter | Medium | Discord | GithubContactDirector of MarketingAlan Kongalan.kong@gluwa.comThis article was originally published on Chainwire More

The grant will support the integration of Accelchain’s platform with Substrate, a framework used for building decentralized applications in Polkadot. The process allows developers to create and deploy Substrate-based dApps without writing code, Accelchain said in a statement.Accelchain plans to expand its community by targeting developers and enterprise partners. The company has formed partnerships with node providers like Google (NASDAQ:GOOGL) Cloud and is running developer acquisition programs at universities and DAOs.Accelchain, which launched its no-code platform in October 2023, currently has around 2,000 developers using its platform and expects that number to grow to 20,000 by the end of 2024. The platform uses Large Language Models (LLMs) to generate dApps based on user requirements, validate business logic, and secure applications during runtime.The company also noted that the platform’s AI model can detect and block malicious transactions in real-time. This feature protects Web3 applications from exploits such as front-running and sandwich attacks.Founded by Krishna Srinivasan and Ram Shanmugam, Accelchain has laid out a roadmap focusing on achieving Polkadot compatibility and expanding its developer community through workshops and hackathons, the statement added.Srinivasan and Shanmugam previously co-founded AutonomIQ, a generative AI software testing platform acquired by Sauce Labs. The Accelchain team also includes former employees of Google and ServiceNow (NYSE:NOW).The Web3 Foundation is offering a 10 million DOT prize pool, worth around $65 million, to back the rollout of the Join-Accumulate Machine (JAM) upgrade in the Polkadot ecosystem. This initiative builds a decentralized network that can handle diverse computational tasks within the ecosystem. To participate, entrants must meet certain criteria, such as importing and producing blocks, meeting performance benchmarks on Kusama and Polkadot, and passing security checks. More

An increasing amount of long positions entered the market when the price of Bitcoin reached $64,800, ultimately making the situation worse. Based on the data, it appears that a lot of traders were too optimistic when Bitcoin got close to $64,800. Anticipating a breakout to higher levels, there was a significant influx of long positions. But as soon as Bitcoin was unable to continue its upward trajectory, this optimism gave way to fear. The subsequent sell-off erased about 4,000 BTC in open interest in Binance futures, contributing to the market’s general bearish mood. The abrupt decline in open interest is noteworthy as it emphasizes the unwinding of leveraged positions.An excessive number of leveraged long positions can lead to a precarious state of the market since even a small decline in price can precipitate a wave of liquidations. In fact, the price of Bitcoin fell more quickly and dramatically than anticipated as a result of a wave of liquidations that were sparked by the decline in value.Significant concerns about who is selling are brought up by the $1.28 billion sell-off and the drop in open interest. Large institutional investors, or whales, might be taking profits at significant resistance levels such as $64,800. These major players frequently sell into strength, understanding that a sizable chunk of the market is overleveraged and providing them with a chance to sell at premium margins.This article was originally published on U.Today More

The BITmarkets crypto exchange has published its end-year update for its crypto study on the game-changers for crypto in 2024, entitled “Revisiting the Game-Changers for Crypto”.Amongst the listed assets, which include cryptocurrencies and other digital assets with the potential to transform the crypto world as we know it, an emerging newcomer is Sui—a blockchain token that is gaining popularity and significance within the decentralized finance (DeFi) applications and technology.About BITmarketsBITmarkets is a cryptocurrency exchange that offers 24/7 support in 15 languages. Traders can engage in trading more than 200 cryptocurrencies, as well as gain access to daily market updates and diverse educational materials. For more information, explore bitmarkets.com or visit the exchange’s listing on CoinMarketCap.com.Contacts:support@bitmarkets.commarketing@bitmarkets.comBITmarkets Spot Trading Services are provided by UAB BITmarkets, which is an authorized virtual currency exchange and depository virtual currency wallet operator in Lithuania operating under license no: 306062346, supervised by the Financial Crime Investigation Service and acting under the trademark BITmarkets.ContactAli DaylamiBITmarketssupport@bitmarkets.comThis article was originally published on Chainwire More

Bybit’s World Series of Trading (WSOT) 2024, the longest-running and most rewarding trading competition of its kind by the world’s second-largest cryptocurrency exchange by trading volume, invites the crypto community to meet former WSOT legends and unlock auspicious rewards on livestream. Joining the trading champions will be other crypto insiders, including co-host Gareth Jenkinson, Managing Editor at Cointelegraph for the first time.Themed WSOT Legends: What’s New, What’s Next on Bybit Livestream, viewers can tune in for insights from iconic crypto traders from the past WSOT and try their luck in a live giveaway of 750 CATI and 350 USDT in airdrops and red packets. Streaming live on Sep. 27 at 8AM UTC, the event will feature industry insiders and master traders and official Top Captains in WSOT 2023. The session is guaranteed to be lively with speakers celebrating past victories and embracing new possibilities. The champions will review their 2023 performances, their first-hand experience with formulating winning strategies, summoning and maintaining powerful squads in WSOT, delving into new trends such as the convergence of centralized and decentralized exchanges in Web3, and the exploring newly added Web3 segment in the 2024 competition. Featured Speakers:#Bybit / #TheCryptoArkAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, users can visit Bybit Press For media inquiries, users can contact: media@bybit.comFor more information, users can visit: https://www.bybit.comFor updates, users can follow: Bybit’s Communities and Social MediaContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

SphereX is excited to announce the official launch of its mainnet, marking a key milestone in decentralized finance (DeFi). Powered by zkLink Nova’s Layer-2 scaling technology, the SphereX mainnet offers a faster, more efficient trading experience with lower fees and greater scalability. This launch sets the stage for SphereX to further its mission of democratizing finance and making trading more accessible to users globally.zkLink Nova: Elevating the SphereX ExperienceBy integrating zkLink Nova’s Layer-2 solution, SphereX aims to ensure lower gas fees, enable more frequent trades, and allow for higher trading volumes and seamless scalability. As the platform expands, zkLink Nova aims to guarantee the secure and scalable performance necessary for a growing user base.Aspecta’s BuildKey program represents a forward-thinking approach to rewarding active engagement, further enhancing the SphereX experience by offering new ways for users to interact and try to earn within the platform.Looking Ahead: The Future of DeFi with zkLink Nova and AspectaThe SphereX mainnet launch, alongside the collaborations with zkLink Nova and Aspecta, represents the beginning of a new journey. As SphereX continues to evolve, it remains committed to driving innovation and delivering new opportunities to its growing user base. SphereX’s collaborations with zkLink Nova, focused on scalability and security, and Aspecta, aimed at enhancing user engagement, are designed to support the platform’s developments in the future of decentralized trading.About SphereXSphereX is a cutting-edge decentralized exchange (DEX) designed to make crypto trading accessible, secure, and user-friendly for everyone. By prioritizing decentralization, SphereX ensures that users have full control over their assets with transparent and low-cost transactions. Committed to fostering a welcoming and inclusive community, SphereX embodies the spirit of Robin Hood, providing financial opportunities for all.Website | X | Discord | TelegramContactLynn C.contact@sx.xyzThis article was originally published on Chainwire More