Cryptocurrency

Gecko Sec helps Web3 developers code securely without the headache of ineffective tools or one-off security tests that quickly lose relevance. The team is particularly focused on supporting projects on Polkadot, addressing one of the biggest challenges in Web3. The importance of security audits in the industry is underscored by the millions spent monthly on security checks alone.Founded in 2005, California-based Y Combinator has built a strong reputation for helping startups grow, with nine of its companies scooped up by Google (NASDAQ:GOOGL) and seven by Facebook (NASDAQ:META). Reflecting on their journey, Jeevan Juttla, who previously worked at Binance as a Security Engineer, credited EasyA with helping them take the leap from hackathon participants to Y Combinator-backed founders. Artemiy Malyshau added: “What started off at an EasyA hackathon has led to us getting backed by Y Combinator. Big shoutout to Phil and Dom for pushing us out of our comfort zone and getting us here!” EasyA has become a launchpad for Web3 talent. It claims to have educated over 100,000 developers on the Polkadot ecosystem. At the EasyA x Polkadot hackathon in London, the app selected over 400 developers to participate, which it says led to the creation of 56 startups. Following the London event, EasyA hosted a second Polkadot hackathon at Harvard University, where over 300 developers launched 55 games, leveraging NFTs on Unique Network’s parachain. The event featured a $20,000 prize pool and a guest appearance by INDY500 racer Conor Daly.EasyA’s alumni are said to have founded startups valued at over $3 billion and secured funding from top venture capital firms. Cognition AI, a company founded by EasyA hackathon winner Walden Yan, hit a $2B valuation in April. Walden originally pitched his idea for DALLE on the blockchain at an EasyA hackathon at Harvard in 2022. More

These dormant wallets were reactivated less than 48 hours ago. This is happening while Bitcoin, which has become the world’s flagship cryptocurrency by now, has skyrocketed above the $71,000 level for the first time since June.One of them awakened on Monday, and it contained 16 BTC valued at $1,147,359 after 2013, when these Bitcoins were worth $2,160. It comprises a staggering 53,018.5% increase in profits. This whale returned after 11.1 years of staying inactive.The comeback of the other two wallets was spotted a few hours ago today. The first dormant address came back holding 28 BTC from dormancy after 13.6 years. This means that it was last used in 2010, when Satoshi Nakamoto was still around and corresponded with the future BTC developers on the BitcoinTalk forum. The number of Bitcoins held in this wallet is now equal to $1,995,139 while, back in 2010, BTC reached an all-time high of $0.30, meaning that the 28 BTC back then were worth just less than $9. This means that this whale has welcomed a mammoth 22,168,100% return on investment.All three wallets have been reactivated as Bitcoin began to surge and is coming close to its March historic peak. That all-time high was reached at the $73,750.07 level on March 14. This year, the fourth Bitcoin halving took place, but contrary to history, BTC hit a new ATH before the halving this time.Now, Bitcoin is trading at $73,750.07, aiming to surge to a new historic price peak.This article was originally published on U.Today More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, elevates off-ramp experiences for crypto users in more regions with the Bybit Card. Officially open for registration for new users in select regions, the Bybit Card marks another step forward in the company’s mission to enable digital asset investors worldwide to access, hold and spend their cryptocurrencies with ease and confidence. In collaboration with S1LKPAY, principal member of Mastercard (NYSE:MA)’s payment network and a provider of Banking-as-a-Service (BaaS) and Card-as-a-Service (CaaS), the Bybit Card is now accepting applications from customers of Bybit Limited, the entity regulated by the Astana Financial Services Authority (AFSA). Having obtained the full license in Sep., this is the first time Bybit Limited (AFSA) issued a prepaid card for international customers. To celebrate the launch, eligible users who successfully register for the campaign will receive 10% cashback up to 600 USD for a limited time only. The Bybit Card simplifies the integration of crypto into everyday spending by offering users the ability to make payments in multiple currencies wherever Mastercard is accepted worldwide. The Bybit Card has been mapping out new markets globally throughout 2024, now serving customers in multiple markets across four continents. #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 MediaDiscord | Facebook (NASDAQ:META) | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeAbout MastercardMastercard (NYSE: MA) is a global technology company in the payments industry. Their mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, their innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Mastercard decency quotient, or DQ, drives our culture and everything they do inside and outside of their company. With connections across more than 210 countries and territories, they are building a sustainable world that unlocks priceless possibilities for all.Mastercard press office in KazakhstanTel: +7 (727) 264 67 37mastercard@pressclub.kzContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

The crypto leader broke above $71,000 in Asian morning trading, leading the broader market higher just days before the U.S. election—a moment many traders view as a bullish catalyst for crypto regardless of the outcome.MicroStrategy Incorporated (NASDAQ:MSTR), the world’s largest corporate backer of Bitcoin, saw its shares jump nearly 9% to reach around $255. America’s biggest crypto exchange Coinbase (NASDAQ:COIN) also saw a strong boost, bouncing up to $205 after a recovery from August lows. The crypto mining crowd had a good day too, with Riot Platforms (NASDAQ:RIOT) up over 6.7%, Marathon Digital Holdings Inc (NASDAQ:MARA) climbing 4%, and CleanSpark (NASDAQ:CLSK) rising by 5.3%, all riding the wave of positive crypto momentum.The market movement came as the U.S. stock indexes wrapped the day in positive territory, with the Dow Jones rising 0.7% and both the Nasdaq and S&P 500 advancing by 0.3%. Bitcoin rally gains revived interest in the cryptocurrency, driving trading volume up to $47.5 billion—almost double what it was just days ago. This surge also triggered over $143 million in liquidated short positions, as traders scrambled to close bets against Bitcoin’s rise. Short positions on Bitcoin alone lost around $73 million, with Ethereum shorts trailing closely, down $39 million, based on CoinGlass data. Bitcoin is now just 3.4% away from reclaiming its all-time high of $73,700 set back in March. With Donald Trump’s chances for the presidency looking solid and historical data suggesting favorable market conditions, traders are betting on a “perfect storm” for Bitcoin prices next month.The “Trump trade” narrative is building as well, with analysts noting a growing correlation between Bitcoin’s price movement and a potential Trump victory on Nov. 5. Trump is currently favored over Kamala Harris by a 30% margin on the decentralized betting platform Polymarket, even as national polls show a closer contest with Harris leading by 1.5%. More

Solana storage scaling solution Xandeum has confirmed details of its forthcoming token launch and storage-enabled liquid staking program. On October 29, 16:00 UTC, the XAND token will officially launch, offering the Xandeum community a way to participate in the network and earn rewards.The XAND token and LST launch will be accompanied by the first Xandeum airdrop that will see 60M tokens issued to eligible users on October 29. A number of centralized and decentralized exchanges have committed to supporting the XAND token launch including Raydium and MEXC.The Xandeum DAO is the vehicle that powers both the Xandeum scalable storage layer that is currently being built, as well as the storage-enabled liquid staking solution launching October 29. The DAO captures both of these, which is a unique feature among such platforms. The XAND token offers complete governance over that DAO, which makes XAND one of the most utility-rich tokens on Solana.XAND rewards for early stakers of SOL into the storage-enabled liquid staking platform at https://stake.xandeum.network will get 10x boosted XAND rewards which will result in ludicrous amounts of XAND rewards during the hyperdrive stage, defined as the stage when the pool has less than 30,000 SOL staked. The LST also carries another major innovation: It is the first multi-validator LST on Solana that programmatically shares block rewards.Xandeum’s forthcoming storage solution will allow Solana programs to scale through enabling dapps to access exabytes of data. This will support new use cases, like porting data-rich web2 apps to fully decentralized web3 versions. Xandeum solves the blockchain storage trilemma, being scalable, random access, and smart contract native at the same time. In order to demonstrate these capabilities, a dapp named Xandipedia is being worked on – a fully decentralized version of Wikipedia.Xandeum’s smart contract native scalable storage layer has been designed to integrate directly into Solana RPC (NYSE:RES) nodes. Data storage is offloaded to a network of decentralized pNodes (storage provider nodes) overseen by Xandeum-aware Solana validator nodes. This will enable Solana dapps to access virtually unlimited storage that can be queried rapidly while maintaining a high degree of decentralization.About XandeumXandeum is a storage scaling solution for Solana and the world’s first storage-enabled liquid staking platform. Powered by the XAND token, Xandeum is on track to launch its storage provider network in early 2025, delivering a breakthrough in decentralized Solana storage that will power a new wave of dapps.Learn more: ContactFounderBernie BlumeXandeum Labshello@xandeum.comThis article was originally published on Chainwire More

Bitcoin rose as much as 3% to a three-month high of $70,203.4, shrugging off recent concerns over reports stating the U.S. government was probing stablecoin major Tether. The token was boosted largely by growing speculation that Donald Trump will beat Kamala Harris in the upcoming election, with voting set to take place on November 5. Online prediction markets favored a Trump victory, while recent polls also showed Trump gaining ground against Harris. Trump has campaigned on promises of crypto-friendly regulation, which could bode well for the industry in the U.S.Sentiment towards Bitcoin was also encouraged by the formation of a golden cross between the token’s 50-day and 200-day moving average. A golden cross is formed when an asset’s short-term moving average exceeds a longer-term moving average, and usually heralds upward movement in prices. If Bitcoin is able to sustainably take $70,000, it will be about $4000 away from crossing record highs last seen in March.  More

It was Edwards who authored this optimistic model of Bitcoin’s (BTC) network progress. As covered by U.Today in mid-February 2020, the Capriole Investments founder masterfully predicted this metric to reach $100,000 by 2025.The model works with many inputs, including the efficiency of most advanced mining hardware and the aggregated BTC network hashrate.Both Bitcoin (BTC) difficulty and hashrate, two major indicators of miners’ commitment, are at all-time highs right now. Bitcoin (BTC) difficulty reached a whopping 95.67 T after the latest adjustment, while the hashrate jumped to a record-breaking 925 EH/s last week.Previously, the Bitcoin (BTC) price surged hand in hand with the Energy Value Chart, so, its validity is a bullish signal for Bitcoin (BTC) supporters.By press time, the largest cryptocurrency is changing hands at $69,700, up 1.9% in the last 24 hours. That said, BTC outperforms the market benchmark of a 1.4% surge.After absorbing the latest portion of “Tether FUD,” Cryptocurrency Fear and Greed Index is back to the greed zone at 72/100.In the last 24 hours, Bitcoin (BTC) trading volume almost doubled and reached $87 billion in equivalent.This article was originally published on U.Today More

This coincided with a substantial Bitcoin price increase seen by the world’s largest cryptocurrency today.After that, the aforementioned data source also detected a 1,501 BTC (worth $103,243,667) transfer moved from one anonymous wallet to another.Since Friday, Oct. 25, the largest digital currency by market capitalization value, Bitcoin, printed an increase of 3.68%, going up from the $66,500 zone to $68,865, where it is changing hands as of writing time. In the last day, Bitcoin has gone up by almost 2%.Prior to that, last Friday, Bitcoin suddenly plunged by 2.57% after the negative development in the Middle East and on the news of Tether giant being investigated by the U.S. government. The company’s CEO Paolo Ardoino refuted that news reported by the WSJ as fake news.Back in August 2020, Saylor’s company began to buy BTC with its free cash reserves, and that was how the company adopted its Bitcoin strategy. According to the infographic shared by Saylor, Bitcoin since then has surged by 51% annually, surpassing the Magnificent 7 (+28%), S&P 500 (+14%), real estate (+10%), gold (+7%) and bonds (-5%).Compared to Bitcoin, MSTR has shown 101% in annualized performance. MicroStrategy continues its regular BTC purchases. Several times (this year and in 2023 cumulatively), it has issued convertible senior notes to raise close to $1 billion from investors in order to buy more Bitcoin from the market. Thus, basically, MicroStrategy is operating like an unofficial ETF now, since many who are buying MSTR are investing in its Bitcoin holdings, betting on their rise in value in the near future.This article was originally published on U.Today More