Cardano’s Charles Hoskinson Launches $1 Million Challenge to ADA Community, BlackRock Bitcoin ETF Hits Another Historic Milestone: Crypto News Digest by U.Today
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in CryptocurrencyThis article was originally published on U.Today More
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in CryptocurrencyJokerAI64x, a pioneering force in blockchain technology, introduces an AI-powered consensus mechanism that promises to revolutionize network efficiency and security. By employing sophisticated AI algorithms for real-time transaction validation and adaptive governance, JokerAI64x offers a scalable and energy-efficient solution that sets a new standard in the industry.Users can enter the JokerAI64x presale at jokerxai.comJokerAI64x stands out with its dynamic tokenomics, powered by AI-driven predictive analytics and machine learning. This innovative approach allows the platform to autonomously adjust token supply, inflation rates, and reward mechanisms, ensuring a stable and user-friendly ecosystem that adapts to market conditions.Security remains a top priority for JokerAI64x. The platform incorporates next-generation cryptographic techniques to protect against future technological threats, ensuring the integrity of transactions and overall network reliability.With advanced AI algorithms, JokerAI64x enhances transaction security through real-time monitoring and anomaly detection. This proactive security measure helps identify and mitigate potential threats quickly, providing users with a secure environment free from fraud and unauthorized access.JokerAI64x is also offering a limited-time bonus for participants in its presale. Early investors will receive bonus tokens, creating an opportunity to engage with the platform at its inception.The platform’s AI-enhanced smart contracts further demonstrate JokerAI64x’s commitment to innovation. These contracts automatically adapt to changing conditions, improving the efficiency and functionality of decentralized applications (DApps) and streamlining complex transactions.Users can explore the future of blockchain with JokerAI64x and the presale bonus.About JokerAI64x JokerAI64x is a pioneering blockchain platform that introduces an AI-powered consensus mechanism, transforming network efficiency, security, and scalability. Utilizing advanced AI for real-time transaction validation and adaptive governance delivers an energy-efficient and scalable solution. The platform’s AI-driven tokenomics and smart contracts autonomously adapt to market conditions, ensuring stability and optimizing decentralized applications. With next-generation cryptographic security and real-time monitoring, JokerAI64x protects against emerging threats. Early investors can benefit from a limited-time presale bonus, offering a unique opportunity to engage with this innovative platform.ContactTanil KaneJokerAIinfo@jokerxai.comThis article was originally published on Chainwire More
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in CryptocurrencyIn a recent tweet, Schiff recounted an unexpected meeting with David Bailey, CEO of Bitcoin Magazine, at a pool party in Puerto Rico. The two discussed the idea of Schiff speaking at the next major Bitcoin conference, scheduled to take place in Las Vegas in May 2025.”Ran into DavidFBailey of BitcoinMagazine at a pool party in Puerto Rico. We talked about me speaking at the next big Bitcoin conference in Las Vegas in May 2025. I wonder if Bitcoin will still be a thing that far into the future,” Schiff tweeted, taking a characteristic jab at the future of the cryptocurrency he has long criticized.Schiff, known for his outspoken criticism of Bitcoin, potentially speaking at a Bitcoin conference has sparked speculation within the crypto community.One user on X (formerly Twitter) questioned Schiff’s ability to be objective, stating, “I don’t think you’d be able to be objective. It would be fantastic if you were but from what I’ve seen you simply cannot/will not accept it has any merits in any way shape or form. We’ve heard your rhetoric for years and whilst it was entertaining, it really isn’t any more.”Schiff, never one to back down in a discussion responded, with his question: “Do you think anyone speaking at a Bitcoin conference is objective about Bitcoin?”For years, Schiff has argued that Bitcoin lacks intrinsic value and that it is destined to fail as a store of value or medium of exchange. He has consistently championed gold as a superior alternative, often clashing with Bitcoin proponents, who view the digital currency as “digital gold” and a hedge against inflation.On this note, many remain doubtful whether Schiff would speak at such an event, as well as his ability to present an objective view if he ever does so.As one of Bitcoin’s most vocal critics, Schiff’s participation in such an event would make headlines, offering a rare chance to hear from a dissenting voice in what is frequently a highly supportive environment for Bitcoin.This article was originally published on U.Today More
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in CryptocurrencyTraders will be looking out for the annual economic policy symposium in Jackson Hole this week, which may provide further clarity on the interest rate outlook, with Fed Chair Jerome Powell scheduled to speak.Powell will offer a speech at the annual event on Friday, which brings together economists, monetary policymakers and academics from all around the world.The markets have fully priced in a Fed rate decrease in September; however, the odds of a 50 basis point reduction have been reduced to 28.5%, according to CME’s FedWatch tool.Investors are still processing last week’s announcement of U.S. retail sales numbers for July and weekly initial unemployment claims, both of which were stronger than expected. The statistics helped to alleviate recent fears about the strength of the U.S. economy, lifting global stock markets.While markets expect the Fed to start lowering borrowing costs at its September meeting, Powell could easily remain tight-lipped on the timing of rate cuts in his Friday speech. It would be very much in his nature to take a cautious, noncommittal approach to announcing precisely how much rates could decrease when the Fed is through with its easing.Bitcoin and a handful of other cryptocurrencies, including Ethereum, Shiba Inu, internet computer, PEPE, BONK and Helium have experienced losses between 3% and 13%. Some cryptocurrencies, such as XRP, Toncoin, Monero and Polygon (MATIC), were seeing gains between 2% and 4%.Bitcoin and the wider crypto market are seeing losses so far this month, even as global markets rebound to record highs after shaking off recession fears about the U.S. economy. Bitcoin has fallen by roughly 10% in August.Analysts identified the risk of Bitcoin selling confiscated by the U.S. government — which is reported to have over $12 billion — as among the challenges for digital assets.This article was originally published on U.Today More
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in CryptocurrencyINFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated chain. Like pump.fun before it, INFINIT enables anyone to enter the arena and build their own financial dApps. Supported by prominent investors including Electric Capital and Mirana Ventures, among others, INFINIT’s platform will allow experienced and novice developers to create customized DeFi protocols within minutes, without the need for complex coding languages like Solidity or Rust. By leveraging TypeScript, developers will be able to easily integrate new functionalities to existing applications or launch entirely new customized DeFi applications in a few clicks. In its later phase, non-developers will also be able to launch and scale DeFi protocols directly from INFINIT’s user-friendly interface, where coding will not be required at all.INFINIT has already facilitated over $630M in TVL across 12 protocols. Key successes include Ethena Labs and INIT Capital, which achieved $270M in TVL within four months of launch.”INFINIT has driven our USDe trading volume and liquidity provisioning on both Mantle and Blast from day one,” said Guy Young, Founder at Ethena Labs. “INFINIT’s support has enabled us to rapidly expand into new ecosystems and set a strong foundation for future scalability.” The rapid growth of Layer 1s, Layer 2s, and Roll-ups hasn’t been matched with an influx of high-quality dApps, which are required for a thriving DeFi ecosystem. Builders face significant setbacks due to niche skill requirements that create a high barrier to entry and lead to forking and increased risk of exploitation. INFINIT addresses these pain points by providing a robust, modular infrastructure that lowers the barrier to entry, reduces vulnerabilities, and enables rapid market entry and scaling for DeFi protocols. Additionally, INFINIT provides an infrastructure for any chain to easily integrate and immediately accelerate the growth of its entire DeFi vertical. “We created INFINIT to revolutionize how DeFi protocols are launched and scaled by abstracting away the complexities,” said Tascha Punyaneramitdee, Founder and Core Contributor at INFINIT. “We are committed to becoming the backbone infrastructure for DeFi developers to build the projects that onboard the next million developers and users to DeFi.” INFINIT supports the entire lifecycle of building a DeFi project, catering to developers at 2 project phases: Launch and Scale. In the Launch phase, INFINIT provides all the building blocks necessary to launch new DeFi protocols with customized features in minutes. This phase supports projects from stages 0 to 1, allowing developers to quickly create new products, from money markets to yield strategy protocols and beyond. In the Scale phase, INFINIT facilitates the seamless addition of new features or functionalities to existing protocols within minutes. For instance, developers can expand product functionality by integrating new DeFi strategies like leveraged yield farming.About INFINITINFINIT is the first DeFi abstraction layer that abstracts away all the complexities of the entire process of launching and scaling DeFi protocols. With INFINIT, anyone can launch a customized DeFi application on any chain or scale existing applications with new functionalities in minutes. Any chain can integrate with INFINIT to drive the development of its entire DeFi vertical. INFINIT’s vision goes beyond being a platform but to become the backbone of DeFi, powering every DeFi protocol across every chain.ContactBlake LiINFINIT Labsblake@infinit.techThis article was originally published on Chainwire More
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in CryptocurrencyPawFury Paw, a new cryptocurrency of 2024, approaches a significant milestone, making waves throughout the crypto community. With the upcoming launch of its innovative Paw wallet, Pawfury has quickly gained traction. The growing interest has propelled the project’s presale to new heights, surpassing the $5.2 million mark.The success of Pawfury’s presale can reflect the enthusiasm within the community for this emerging blockchain gaming ecosystem.Pawfury in the Crypto MarketPawfury (PAW) is rapidly establishing itself as a prominent player in the cryptocurrency market. With a dynamic presale structure that rewards early participants, Pawfury offers potential benefits to its holders. The project is backed by a robust and expanding community, alongside continuous development efforts that hint at substantial growth opportunities.As an innovative investment option, Pawfury (PAW) is attracting attention from those interested in exploring the evolving landscape of digital assets. The project’s strong fundamentals and strategic initiatives suggest it could become a noteworthy contender in the competitive crypto market.Users Can join for a Chance to Benefit with PAWParticipation in Pawfury’s Presale for Exclusive BenefitsPawfury’s presale is structured to ensure fair token distribution, offering advantages to early participants. With multiple stages and incremental price increases, those who join early benefit from lower token costs. This approach not only generates excitement but also enhances liquidity and market stability.To celebrate the presale’s success, investors can take advantage of a 10% bonus on their first purchase using the promo code “EXTRA10X” for a limited time.The Strategic Vision Behind PawfuryPawfury’s tokenomics are carefully designed, featuring a vesting schedule that aims to maintain market stability by balancing supply and demand. Additionally, Pawfury encourages long-term engagement through its staking program, where holders can lock in PAW tokens to potentially earn additional rewards.The utility of the $PAW token is continually expanding, with plans to integrate it into more gaming projects. The success of the $5M+ presale underscores the team’s ability to attract a growing audience and deliver on their promises.Users Can Click Here To Discover More About PawFury PAWWhat’s Next for Pawfury?Pawfury is gearing up for the beta launch of its Pawfury Wallet on the Google (NASDAQ:GOOGL) Play Store, with plans for an iOS release soon after. Achieving this milestone during the presale phase has highlighted the project’s efficiency and commitment to meeting its goals.The wallet’s compatibility with both EVM and non-EVM chains is a significant step toward establishing Pawfury as a versatile player in the evolving cryptocurrency space, making it an opportunity for those looking to explore the potential of emerging digital assets.Pawfury is carving out its place in a crowded market with a successful presale, strategic tokenomics, and an active community., yet investors are encouraged to conduct their own research and due diligence. Users can visit Pawfury.com to learn more and join one of the fastest-growing communities in the crypto space.About PawfuryPawfury stands out as a cryptocurrency that combines innovative token strategies, lucrative staking incentives, and a secure, robust environment. Emphasizing transparency, security, and sustained reliability, Pawfury aims to establish itself as a formidable contender in the ever-changing world of cryptocurrencies.For more information about Pawfury (PAW):This article was originally published on Chainwire More
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in CryptocurrencyPortals’ Any-to-Any Asset Swap & Zap Integration Brings One-Click DeFi Strategies to ShapeShift’s Multichain PlatformPortals, a leading provider of low-code decentralized finance (DeFi) integration solutions, today announced that its advanced technology is powering “Shifts,” a new feature on ShapeShift, the multichain DeFi platform and wallet. This collaboration is set to revolutionize access to decentralized finance, making it more approachable for both seasoned crypto users and those new to the space.Decentralized finance offers diverse opportunities, but its complexity often acts as a barrier to entry. Typically, moving between different assets and DeFi positions requires multiple, confusing transactions. Portals’ any-to-any asset swap and zap integration eliminates this complexity, enabling ShapeShift users to execute sophisticated DeFi strategies with unprecedented simplicity. Through the “Shifts” feature, users can now transition seamlessly from any EVM-compatible asset directly into a DeFi position, or move between different DeFi positions, all within a single transaction.ShapeShift’s “Shifts” feature is now available to all ShapeShift users through their web and mobile app.For more information about Portals and its DeFi integration solutions, users can visit Portals.Fi.About PortalsPortals provides a comprehensive low-code DeFi integration solution, featuring a Swap & Zap API that enables complex multi-chain transactions and a Data API that offers real-time and historical DeFi asset information. Supporting over 200 protocols across multiple EVM-compatible chains, Portals simplifies DeFi operations for developers and users alike, offering features like one-click functionality, robust slippage protection, and extensive asset coverage.About ShapeShiftShapeShift, founded in 2014, is a leading DeFi platform that provides a seamless, secure interface for trading and managing digital assets across multiple blockchains. Powered by THORChain and other leading DEX’s such as CoW Protocol, LiFi, and others, ShapeShift offers users an optimal aggregated DeFi experience with features like zero-interest lending, non-custodial trading, LPing, and streaming swaps on top of an easy-to-use portfolio interface. ShapeShift is dedicated to empowering users to maintain full control over their crypto assets while navigating the rapidly evolving multichain landscape.ContactCo-FounderSuhail GangjiPortalshello@portals.fiThis article was originally published on Chainwire More
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in CryptocurrencyThe blog series provides key insights into network activity, engineering developments, and the latest products.In July, the network’s governance system, OpenGov, reported higher engagement, with 1,134 unique voters participating in 118 referenda. Of these, 65 were approved, 29 rejected, 22 timed out, and 2 were canceled, highlighting the active role of DOT holders within the network. Despite market challenges, developer activity in the Polkadot ecosystem remains strong. Per its own calculations, the network now hosts 29,917 repositories, with weekly commits exceeding 5,500— well above last month’s figures. Around 900 developers contribute each week as well, keeping the ecosystem’s momentum active.Meanwhile, the Polkadot Forum continues to be an active hub for discussions, with 161 new members joining in July. The community generated 89 new topics and 676 posts, with page views reaching 300,000 and user visits at 5,800.July also saw a spike in coretime sales on Kusama, with 62 cores sold to 7 unique addresses, despite a decrease in core prices to below 1 KSM. Demand for coretime remains high, the team said, indicating continued interest in the network’s resource allocation capabilities.The upcoming Polkadot Mobile App, teased at Polkadot Decoded by Parity CEO Bjorn Wagner, is expected to roll out to select users in September 2024. The app will reportedly offer new features like onboarding without passwords or seed phrases, the ability to fund wallets with DOT or stablecoins, and the option to make purchases at over 1 million stores, with staking functionality on the way soon.Two new APIs were rolled out to boost developer efficiency: the XCMFee Payment Runtime API and the XCMDryRunApi. Polkadot developers said that these tools will help streamline XCM fee payments and improve testing capabilities.Earlier this month, blockchain gaming company Mythical Games migrated its Mythical Chain to the Polkadot ecosystem. The transition brings over 750,000 active wallets from the Mythos Chain, along with a user base of over 5M, to Polkadot. More
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