More stories

  • in

    Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program

    PoSciDonDAO has announced that Boost VC has invested in the project, representing a significant step forward in its mission to decentralize scientific research and innovation. The investment includes PoSciDonDAO’s acceptance into Boost VC’s Go-To-Market Program, which will provide valuable resources to support the project’s development and adoption.Boost VC Expands Commitment to Decentralized Science With PoSciDonDAOBoost VC, co-founded by Adam Draper and Brayton Williams, is known for supporting emerging technologies that introduce alternative approaches to traditional systems. Over the years, Boost VC has demonstrated a strong commitment to the decentralized science (DeSci) space by investing in projects such as Molecule, ResearchHub, HairDAO, and Data Lake. These initiatives have advanced democratized science, open innovation, and accessibility for researchers and innovators. By including PoSciDonDAO in its program, Boost VC reinforces its dedication to decentralized approaches in scientific research and development.Opportunities Through Boost VC’s PartnershipBoost VC’s investment and PoSciDonDAO’s participation in its Go-To-Market Program present new opportunities for growth. Key benefits include:This partnership reflects a shared vision of decentralization as a tool to promote equity, inclusivity, and progress in science. PoSciDonDAO and Boost VC aim to collaborate in fostering a movement that emphasizes transparency in research funding and equitable access to scientific resources.The Future of DeSci: A Collective EffortBoost VC’s partnership with PoSciDonDAO underscores growing momentum for DeSci. Through this collaboration, both entities aim to demonstrate that decentralization can enhance inclusivity and equity in scientific innovation.By joining forces, PoSciDonDAO and Boost VC will work toward advancing a model of knowledge creation and resource allocation that benefits the global scientific community.About PoSciDonDAOPoSciDonDAO leverages blockchain technology to democratize personalized medicine research by bridging the gap between researchers, funders, and the broader scientific community. Through decentralized governance and funding, the platform ensures transparent and equitable resource allocation, fostering trust and inclusivity in advancing personalized medicine innovation.For more information about PoSciDonDAO, users can visit the official PoSciDonDAO website.Users are invited to stay informed about PoSciDonDAO’s initiatives by following the project on social platforms:Twitter/X | Telegram | DiscordContactMarketing RepresentativeAyat Abourashedayat@poscidon.comThis article was originally published on Chainwire More

  • in

    io.net Joins Dell Technologies Partner Program as Authorized Partner and Cloud Service Provider

    io.net, the leading provider of decentralized GPU computing solutions, has been accepted to join the Dell Technologies (NYSE:DELL) Partner Program as a Dell Technologies Authorized Partner and Cloud Service Provider. The move will combine io.net’s GPU network with Dell’s world-class infrastructure, delivering scalable and cost-effective solutions for AI, machine learning (ML), and high-performance computing (HPC) workloads.By joining Dell’s Partner Program, io.net gains access to Dell Technologies’ resources, expertise, and go-to-market capabilities. This will support enterprises seeking advanced solutions to handle complex computing challenges, bridging decentralized GPU power with Dell’s trusted hardware infrastructure.Tausif Ahmed, VP of Business Development at io.net, commented: “Joining the Dell Technologies Partner Program is an important step for io.net. It supports our goal of delivering solutions that integrate our decentralized GPU platform with Dell’s reliable infrastructure, helping businesses address their computing challenges more efficiently and cost-effectively Together, we look forward to delivering practical, enterprise-grade solutions tailored for the next generation of AI innovation.”As part of the Dell Technologies Partner Program, io.net will collaborate on go-to-market efforts, demand generation, and co-marketing initiatives. This enables enterprise customers to deploy solutions that seamlessly integrate decentralized GPU power with robust, dependable hardware from Dell Technologies. By tapping into Dell’s extensive ecosystem, io.net is well-positioned to make decentralized compute solutions more accessible across multiple industries.The rise of AI and ML applications has amplified demand for scalable and affordable compute solutions. Traditional centralized cloud providers often fall short in meeting the needs of modern enterprises, constrained by high costs, limited flexibility, and resource bottlenecks. io.net’s decentralized GPU network addresses these challenges by sourcing computational power from a global network of distributed GPUs and clustering them into a unified, high-performance infrastructure.Following io.net’s admission to the Dell Technologies Partner Program, clients will benefit from on-demand GPU clusters capable of scaling to enterprise requirements. They will also enjoy significant cost reductions compared to centralized providers. Seamless integration with Dell’s advanced hardware, meanwhile, will support reliable, high-performance workloads.The collaboration between io.net and Dell Technologies represents a step forward in democratizing access to decentralized compute, particularly for organizations tackling AI training, inference, and HPC use cases. By leveraging Dell’s global presence and enterprise trust, io.net is poised to accelerate adoption of decentralized compute solutions while meeting the performance standards enterprises expect.About io.netio.net is a decentralized distributed compute network that enables ML engineers to deploy a GPU cluster of any scale within seconds at a fraction of the cost of centralized cloud providers. io.net sources compute resources from multiple locations and deploys them into a single cluster at massive scale. io.net has successfully supported training, fine tuning, and inference for a wide range of ML models.ContactEdelstein DanPR@marketacross.comThis article was originally published on Chainwire More

  • in

    Massive 400 Billion SHIB From Early Whale Stuns Major US Exchange

    This has happened as the second most popular in the market meme cryptocurrency, SHIB, has demonstrated a roughly 10% price decline as it reacted to Bitcoin’s recent bearish trajectory caused by the Fed Reserve’s statement and the unfulfilled expectations of crypto holders.That whale purchased a jaw-dropping amount of SHIB on Aug. 7, 2020 – 15.2 trillion – for just 10 ETH.This early whale now owns two trillion Shiba Inu worth $48.54 million, which constitutes an estimated overall profit of $107.7 million – that is, a 3.7x return from their initial SHIB investment made four years ago.SHIB went from $0.00002618 down to the $0.00002345 level. By now, this deep decline has been partially recovered as SHIB has increased by a minor 2.64%.Over the past 10 days, the popular meme cryptocurrency has lost more than 21%, plunging from $0.00003076 to $0.00002409, where it is changing hands at writing time.Other sources also show that whales have been sending their SHIB coins to exchanges, pushing the price down. The SHIB price mirrors the recent bearish move in the Bitcoin price, as BTC dropped by approximately 5%, briefly crashing below the $100,000 level.Following the recent announcement that the Federal Reserve will cut interest rates by 25 basis points rather than 100 in 2025, the crypto market took a severe beating. By now, the largest cryptocurrency, BTC, has recovered a little, again trading above $101,000 and coming close to topping $102,000.This article was originally published on U.Today More

  • in

    Powell says Fed cannot hold bitcoin, not seeking to change that

    NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin. “We’re not allowed to own bitcoin,” Powell said at a press conference following the Fed’s latest two-day policy meeting, in which policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead. In terms of the legal issues around holding bitcoin, “that’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed,” Powell said. The Fed chief was addressing the prospect of central bank involvement in the idea of the government building a so-called Strategic Bitcoin Reserve once President-elect Donald Trump takes office.Powell’s comments on Wednesday dented the value of bitcoin, which has rallied sharply along with other crypto assets since Trump’s victory in the Nov. 5 election on the prospect of a more hands-off government approach to a class of assets that rarely functions as actual money, but is instead largely used as a vehicle for speculation.Trump has suggested he will create a U.S. bitcoin strategic reserve – a concept that has also been widely rejected in Europe.The incoming president has not provided details on what such a reserve would entail, beyond saying its initial holdings could include bitcoin seized from criminals, a stockpile of about 200,000 tokens worth about $21 billion at current prices.Bitcoin has more than doubled this year to more than $100,000 on optimism over Trump’s pro-crypto stance. The asset has proven volatile in its 15 years of existence, which analysts say reduces its utility as a store of value or a unit of exchange, key attributes of a reserve currency.Republican Senator Cynthia Lummis has introduced a bill to create such a reserve, under which the U.S. Treasury would buy 200,000 bitcoins annually until the stockpile reaches one million tokens. The purchases would be funded by Fed bank deposits and gold holdings.Funding a strategic bitcoin reserve would likely require the approval of Congress and the issuance of new Treasury debt, according to an analysis published this week by Barclays (LON:BARC). Given the likely ways such a reserve could be created, “we suspect such a plan would face stiff resistance from the Fed,” Barclays analysts said.EUROPE AGAINST BITCOIN RESERVES More broadly, Fed officials have been skeptical of securities such as bitcoin as they have also backed away from their own efforts to create a fully digital dollar in favor of allowing the private sector to innovate payments technologies.The Fed’s main role regarding cryptocurrencies appears to center on how those assets might affect consumer and banking sector safety.”We regulate and supervise banks and we would want the interaction between the crypto business and the banks … not to threaten the health and well-being of the banks,” Powell said on Dec. 4. But he also noted at that time that when it comes to crypto assets, “we don’t regulate it directly.”The European Central Bank’s chief bank supervisor, Claudia Buch, on Tuesday also flagged up risks in the crypto market, including “excessive leverage, intransparency (and) conflict of interest”, adding she was keeping a close eye on banks’ exposure to that type of assets.Trump plans to appoint former PayPal (NASDAQ:PYPL) executive David Sacks to the newly-created position of White House AI and Crypto Czar, and pro-crypto consultant Paul Atkins to lead the Securities and Exchange Commission.In Europe, a series of central bankers this week dismissed any suggestion of bitcoin becoming a reserve asset.Belgium’s central bank governor Pierre Wunsch saw little “appetite for having reserves in bitcoins” in an interview on Wednesday. Outside the euro zone, Hungary’s governor-designate Mihaly Varga said on Monday cryptocurrencies were just too volatile.”We are following the discussion, especially in the U.S. post-elections, closely,” ECB policymaker Olli Rehn said on Tuesday. “But our view has not changed. Cryptos are assets, but they are not currency,” the Finnish central bank governor added. More

  • in

    Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup with Succinct’s SP1

    Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollupMantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge proofs via SP1, Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem. Since Mantle Network’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion and counting. The network has processed 175 million on-chain transactions, seen 1.4 million smart contracts deployed, connected to 10 million unique wallet addresses and maintained 4.9 million monthly active wallet addresses since its inception. Mantle Network continues to drive capital efficiency in the on-chain economy with the integration of ZK validity rollup technology, providing crucial next-generation technical infrastructure to support and amplify secure growth of high-value asset settlements. Backed by one of the largest community-owned treasuries globally with $4.3 billion in asset reserves, Mantle Network’s technical roadmap directly supports its vision of accelerating seamless, secure and efficient movement of institutional capital across traditional and decentralized markets.Accelerating Institutional-Grade Asset Settlements Through ZK Validity InnovationWith the testnet launch in Q1 2025 with intention towards mainnet upgrade, Mantle Network is set to evolve from an optimistic rollup model to a ZK validity rollup through Succinct’s SP1. This architectural change drastically reduces chain finality from seven days to one hour – enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry.The transformative efficiency gains of ZK validity proofs have garnered significant market traction. Already powering applications with a cumulative $4.4 billion capital across leading ZK L2 ecosystems, Mantle Network maintains a bullish belief in the advancement of ZK technology to further the broader Ethereum ecosystem. Performance benefits can allow Mantle’s flagship assets, such as $mETH, $cmETH and $FBTC, with an aggregate $3.9 billion TVL, to proliferate across the wider decentralized finance (DeFi) domain. This enables better swap market spreads, lower slippage, deeper money markets, improved interest rates, and broader asset availability. Market intermediaries can rapidly rebalance inventories between Mantle Network (Layer 2) and Ethereum (Layer 1), and users can quickly move permissionlessly to access a unique set of onward routes and integrations.Key Technical BenefitsThe strategic integration of Succinct’s SP1 offers a suite of advanced features catered to developers and users:OP Succinct combines the power of Succinct’s SP1 zkVM with the modularity of the OP Stack, bridging the gap between user-friendly optimistic rollups and complex zero-knowledge technology. The innovation promotes interoperability, flexibility, and standardization that addresses Ethereum’s existing challenges. By adopting ZK validity proofs, Mantle Network transactions are cryptographically verified to be correctly sequenced and settled. This higher tier of security allows everyone to more easily and safely explore frontier areas that enhance the Ethereum experience — such as supporting more advanced application logic, enabling cross-chain actions, improving latency, and adopting multi-sequencer architectures.The synergy of fast finality, Ethereum-standard compatibility, and cost efficiency promises a profound impact, reducing fragmentation and unlocking the potential for next-generation decentralized applications (dApps). The transition enhances Mantle Network’s commitment to Ethereum’s decentralized security model as an ETH-aligned Layer 2, enabling a more cohesive ecosystem with seamless asset and information flows. Mantle Network is now poised to be a future-ready L2 chain as a native ZK rollup.As the Ethereum landscape evolves, Mantle Network’s adoption of Succinct’s SP1 positions it as a leader in scalability and innovation. Developers, users, and ecosystem partners can look forward to a faster, more secure, and interconnected Ethereum future. About SuccinctSuccinct brings zero-knowledge proofs to any developer with SP1—the world’s fastest zkVM. Succinct’s Decentralized Prover Network provides affordable and reliable proof generation infrastructure for rollups, bridges, coprocessors and other applications using ZKPs. SP1 is used by the most renowned teams in the industry, including Celestia, Avail, Lido, Polygon, AggLayer and many more. Website | X/Twitter | Discord | Blog | DocumentationAbout MantleMantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and FBTC — Mantle is unlocking the future of finance by blending institutional expertise with the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network. Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHubContactMantlewindrangerlabs@wachsman.comThis article was originally published on Chainwire More

  • in

    Marinade Finance Makes Strategic Investment in SuperSol

    Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain) and Decentralized Physical Infrastructure Networks (DePIN). In response to these expanding needs, Marinade Finance, a prominent self-custodial staking protocol on the Solana network, has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana. Marinade enables SOL holders to automatically delegate their tokens to top-performing validators in a competitive open marketplace, optimizing yields by allowing validators to share fees directly with stakers.Strengthening Solana’s Infrastructure for a New EraSuperSol, designed to significantly enhance Solana’s scalability and performance, aims to address the growing demand for efficient and reliable infrastructure that can support the next wave of decentralized applications (dApps). With a primary focus on sectors such as GameFi, which combines gaming with decentralized finance, and DePIN, which utilizes decentralized networks for physical infrastructure, SuperSol is poised to become a critical component in the future of the Solana blockchain.The investment by Marinade Finance is seen as a crucial move to help SuperSol accelerate its development and adoption. By supporting innovations like SuperSol, Marinade is positioning itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities, ensuring that the network can handle the next generation of dApps and meet the increasing demand for high-performance, low-cost, and scalable solutions.The Role of Marinade Finance in the Solana EcosystemFounded in 2021, Marinade Finance has quickly established itself as one of the most prominent players in the Solana ecosystem. The platform allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative. mSOL allows users to earn staking rewards while maintaining liquidity, enabling them to participate in other DeFi activities without locking their assets.Through this innovative approach to staking, Marinade Finance has significantly contributed to the overall growth and decentralization of the Solana network. By providing liquidity to staked assets, Marinade enables participants to earn staking rewards without locking their assets, thereby supporting both network security and a more dynamic ecosystem for decentralized finance.In addition to its core offering, Marinade has become an active participant in broader efforts to enhance Solana’s ecosystem. Its decision to invest in SuperSol is in line with its long-term vision to support projects that aim to improve Solana’s scalability and bring real-world use cases to life.SuperSol: A Key Enabler for the Future of GameFi and DePINThe main challenge facing blockchain networks like Solana has always been the need to scale in a way that maintains high throughput while minimizing costs. Solana’s high-speed and low-cost architecture has made it a popular choice for developers, but as adoption grows and more applications are built on the network, there is an increasing need for solutions that can handle even more transactions without compromising performance.This is where SuperSol comes into play. SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance. By utilizing SuperSol, developers will be able to create more efficient applications, particularly in GameFi and DePIN – two sectors experiencing explosive growth.In the GameFi space, where games and financial incentives are integrated on the blockchain, the need for high-speed transactions is paramount. Traditional gaming engines often struggle to meet the performance demands of real-time, immersive environments, but Layer-2 solutions like SuperSol can help ensure that these games run smoothly and cost-effectively on the Solana network.Similarly, in the rapidly growing DePIN sector, which includes applications focused on decentralizing physical infrastructure such as networks, energy grids, and other assets, scalability is critical. SuperSol’s advanced Layer-2 architecture is designed to handle the transaction loads and data requirements of such applications, making it an ideal fit for this emerging market.A Strategic Partnership with Long-Term ImpactWhile the financial details of the investment have not been disclosed, Marinade’s support for SuperSol is more than just a monetary contribution – it’s a strategic partnership aimed at fostering innovation and ensuring the continued growth of Solana’s ecosystem. By investing in projects like SuperSol, Marinade is positioning itself as a key player in the infrastructure and scalability efforts that will shape the future of blockchain technology.The collaboration between Marinade Finance and SuperSol is a testament to the growing synergies within the Solana ecosystem. As Solana continues to attract developers and projects across a variety of sectors, the combination of robust staking solutions and scalable infrastructure will be key to meeting the demands of an increasingly complex and diverse decentralized economy.Looking Ahead: Solana’s Continued EvolutionAs Solana’s ecosystem matures, the need for effective Layer-2 scaling solutions will only become more pressing. SuperSol’s focus on improving Solana’s real-time performance and scalability will help address these challenges head-on, making Solana an even more attractive option for developers and users alike.The strategic investment by Marinade Finance signals confidence in SuperSol’s vision and the potential impact it will have on the network. It also highlights Marinade’s commitment to not only providing liquidity solutions through its liquid staking protocol but also actively contributing to the broader development of Solana’s infrastructure.The partnership between Marinade Finance and SuperSol is a significant step toward ensuring that Solana remains a leading blockchain platform for years to come, able to support the growing demands of decentralized applications, GameFi, and DePIN with cutting-edge performance, scalability, and reliability.About Marinade FinanceMarinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain. By allowing users to stake SOL tokens and receive mSOL, a liquid staking derivative, Marinade enhances liquidity and incentivizes participation in Solana’s proof-of-stake consensus. The platform is designed to make staking more accessible and flexible while supporting the broader development of the Solana network.About SuperSolSuperSol is Solana’s first native Layer-2 scaling solution, built to optimize the network’s performance and scalability. Focusing on sectors like GameFi and DePIN, SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance. SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP. With her extensive experience in protocol development, Oberholzer recognized Solana’s potential as a dominant force in the crypto world. This insight led her to tackle the ecosystem’s scalability challenges, particularly in the GameFi space. By founding SuperSol, Oberholzer aims to solidify Solana’s position as a leading asset class and drive the next wave of innovation in the blockchain industry.ContactFounder and CEOEva OberholzerSuperSol Labs Ltd.pr@supersol.aiThis article was originally published on Chainwire More

  • in

    SIDUS HEROES Expands Blockchain Gaming Ecosystem with Immersive Metaverse and Strategic Gameplay

    SIDUS HEROES is revolutionizing the blockchain gaming industry with its expansive space-themed metaverse ecosystem, designed to provide players with a deeply immersive gaming experience. By merging cutting-edge blockchain technology with dynamic storytelling, the platform creates opportunities for users to engage in interplanetary exploration, manage resources, and connect with a vast, interconnected community of players. Through ownership transparency and secure management of in-game assets, SIDUS HEROES successfully bridges the gap between gaming entertainment and the practical utility of blockchain technology.The SIDUS HEROES gaming ecosystem boasts a variety of games that cater to diverse player preferences. Nidum offers a turn-based WebGL game that takes players into the heart of brutal arenas where three warrior races fight for dominance. The game combines tactical decision-making with fast-paced action, appealing to players seeking strategic gameplay. On the other hand, Xenna introduces a post-apocalyptic setting in a strategic battle royale game. Here, players must focus on combat and resource management, balancing survival instincts with thoughtful planning to excel. Meanwhile, Tembazar immerses players in a third-person shooter adventure where they must navigate hostile environments, confront enemies, and upgrade their arsenal to endure the challenges of the game’s dynamic landscapes.In addition to these flagship games, SIDUS HEROES is actively expanding its portfolio with upcoming titles such as Hypernova and Sidus Maze. These new games are expected to bring even more depth and variety to the ecosystem, offering players additional ways to engage in tactical gameplay and interplanetary exploration.Expanding the Digital FrontierThe SIDUS HEROES metaverse represents more than just a gaming platform—it is a fully realized digital ecosystem that blends entertainment, technology, and community-driven growth. By incorporating blockchain technology into every aspect of its design, SIDUS HEROES ensures players have true ownership over their assets. This sense of ownership is fundamental to the platform’s mission, as it empowers users to shape their gaming experiences while participating in a decentralized, transparent environment.The games within SIDUS HEROES offer unique opportunities for players to immerse themselves in richly detailed narratives and diverse mechanics. Whether engaging in strategic battles, collecting resources, or exploring new territories, the platform appeals to both casual gamers and blockchain enthusiasts. By creating this inclusive environment, SIDUS HEROES is not only advancing blockchain gaming but also setting a precedent for how digital ecosystems can operate in a decentralized world.SIDUS HEROES extends its impact beyond gaming through its innovative SidusPad initiative. This Web3 launchpad connects users to emerging projects within the metaverse, fostering innovation and collaboration across the blockchain space. SidusPad employs a decentralized, DAO-driven voting system, allowing the community to actively participate in selecting and supporting promising projects that align with the platform’s overarching vision.In addition to enabling project discovery, SidusPad equips users with powerful analytical tools to evaluate these initiatives. This empowers participants to make informed decisions, further solidifying SidusPad as a valuable gateway for users to engage with the broader blockchain ecosystem. By prioritizing transparency, accessibility, and informed participation, SidusPad exemplifies SIDUS HEROES’ commitment to fostering a collaborative and forward-thinking community.Tokenomics and GovernanceAt the core of the SIDUS HEROES ecosystem lies a dual-token structure that drives both functionality and community engagement. The $SIDUS token serves as a utility token within the platform, enabling players to engage in various in-game activities such as purchasing upgrades, exchanging resources, and developing infrastructure to support their gaming ambitions.Complementing this, the $SENATE token acts as the governance token for the ecosystem, empowering the community to participate in decision-making processes. Through $SENATE, players can vote on key elements of the platform, including game mechanics, economic policies, and ecosystem upgrades. This dual-token model not only incentivizes player participation but also ensures that the platform evolves in a manner that reflects the needs and desires of its user base.A Vision for the FutureSIDUS HEROES embodies the transformative potential of blockchain technology in the gaming industry. Its commitment to decentralization, user empowerment, and innovative design positions it as a leader in the metaverse gaming space. By prioritizing user ownership and fostering community-driven innovation, SIDUS HEROES creates a seamless integration of gaming and blockchain utility.Looking ahead, the platform’s ambitious roadmap underscores its vision for sustainable growth. SIDUS HEROES is poised to expand its gaming portfolio further, introduce new features, and build partnerships that enhance the ecosystem’s value. As the metaverse continues to evolve, SIDUS HEROES remains at the forefront, shaping the future of blockchain gaming through its holistic approach and unwavering commitment to user engagement.About SIDUS HEROESSIDUS HEROES is a leading space-based metaverse that combines gaming, blockchain technology, and a profit-sharing economy. The platform offers diverse games, a robust token economy, and unique opportunities for players to engage and innovate. SIDUS HEROES is committed to creating a fair, transparent, and immersive environment where players can truly own their gaming experience.For more information, visit sidusheroes.com and follow them on X.ContactOlga Novitskayacontact@sidusheroes.comThis article was originally published on Chainwire More

  • in

    Deus Wallet Introduces Duress Mode: The Revolutionary Solution for Cryptocurrency Security

    As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode.This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations.The Issue: Crypto Security Is More Than DigitalWhile digital security has advanced with multi-signature wallets, biometric authentication, and hardware devices, physical security remains overlooked. Criminals have adapted their tactics, targeting crypto holders.Considering Real-Life Examples:2022, London: Criminals broke into a businessman’s home and extorted $1.1 million in Bitcoin at gunpoint.2023, New York: A crypto trader was kidnapped and forced to transfer $400,000 while held captive.2021, Bangkok: A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million.In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no “last line of defense” for these real-world threats.Deus Wallet: Next-Level ProtectionDeus Wallet tackles this vulnerability with its non-custodial structure and Duress Mode. This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks.Non-Custodial GoalWith Deus, private keys are stored exclusively by the user, not on any centralized server. This eliminates third-party risks such as hacking, insider theft, or regulatory overreach. In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security.Duress Mode was developed with one goal: to protect users in life-threatening situations.The way it works:Duress PIN Configuration: Setting a secondary PIN during wallet setup.Under Coercion: Entering the Duress PIN instead of the regular one.Seamless Decoy: The wallet opens a “fake” account with minimal or no funds, while users’ actual assets remain hidden.This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds.Deus Wallet is part of a growing movement to rethink cryptocurrency security. As the crypto ecosystem matures, protecting users in both digital and physical spaces is becoming more important.The Bigger Picture:Rising Crypto Adoption: As cryptocurrencies enter mainstream finance, the average user profile shifts from tech-savvy enthusiasts to general consumers, many of whom lack advanced security awareness.Criminal Adaptability: Criminals exploit the pseudonymity of blockchain transactions, knowing that once assets are transferred, they’re nearly impossible to recover.The Security Gap: While solutions like hardware wallets protect against cyber threats, tools like Duress Mode address the issue of physical security.Deus Wallet is at the forefront of this shift, setting a new standard for protecting users and their assets.Key Features of Deus WalletNon-Custodial Architecture: Full control of private keys ensures users’ funds are always theirs.Duress Mode: A revolutionary feature to safeguard assets under physical coercion.User-Friendly Design: Intuitive interface suitable for beginners and experts alike.Advanced Encryption: Multi-layered security protects against cyberattacks.Customizable Settings: Users can define access parameters and Duress Mode triggers according to their preferences.Cross-Platform Compatibility: Available on iOS, Android.In today’s world, digital and physical security go hand-in-hand. Deus Wallet provides a comprehensive solution, ensuring that users’ assets and personal safety are never compromised.About Deus WalletDeus Wallet offers a comprehensive platform for storing and managing cryptocurrencies and NFTs, featuring tools to track account activity and streamline asset management. By integrating multiple functionalities, Deus Wallet eliminates the need to navigate several decentralized platforms.With a focus on user-friendly design, Deus Wallet balances simplicity and functionality, making it a practical choice for those seeking efficient and accessible solutions.Trusted by users in over 166 countries, Deus Wallet serves a broad audience, including individuals and enterprises, across five continents.Deus Wallet is designed to support both new and experienced users, providing tools for secure asset management and streamlined engagement with decentralized finance.Users can visit https://deuswallet.com to learn more about how Deus Wallet is reshaping crypto security for the modern age.ContactPavel DerkachDEUS WALLET APS LTDsupport@deuswallet.comThis article was originally published on Chainwire More