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Once the top Solana NFT project, DeGods has faced ample challenges and criticism since bridging away. The founder addressed it all head-on.

Why Did DeGods Leave Solana for Ethereum? 'I Was Just Being a Pussy', Says Founder

The Ethereum price is under pressure on Thursday, having now fallen 3.3% on the back from above $3,040 to current levels around $2,930, amid high daily trading volumes of $13.5 billion. The post Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH? appeared first on Cryptonews .

Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH?

The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ

$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US

Two US brothers who attended the Massachusetts Institute of Technology (MIT) have been arrested for allegedly partaking in a high-speed multimillion-dollar crypto heist. According to a new press release by the U.S. Department of Justice (DOJ), the brothers – Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York – have been attained The post Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit appeared first on The Daily Hodl .

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

The DEFINITY Foundation, the company behind developing the Internet Computer protocol, has recently unveiled an updated roadmap to facilitate increased artificial intelligence (AI) blockchain adoption. As the native token of the network, ICP continues to lead among AI tokens and holds the 22nd position in the top 100 cryptocurrencies. However, recent price drops have prompted the Foundation to focus on key areas of development to revitalize the token’s price action and further advance the protocol’s capabilities. Internet Computer Roadmap The highlighted aspects of the roadmap outline two critical steps called “milestones” in the Internet Compute platform domain: Tokamak and Stellarator. Tokamak focuses on reducing latency by maximizing the block rate of each subnet and introducing a new synchronous ingress submission endpoint. Related Reading: Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy? Stellarator, on the other hand, will reportedly increase the storage layer, enabling subnet blockchains to host over 1TB of canister smart contract storage while improving the efficiency of the consensus layer. The DEFINITY Foundation aims to integrate AI capabilities as smart contracts on the Internet Computer protocol to address the resource-intensive nature of AI training and inference. The Cyclotron milestone outlined in the roadmap will increase on-chain inference for larger AI models through performance improvements in the WebAssembly runtime and inference engine. The Gyrotron milestone, on the other hand, explores the integration of AI-specialized subnets with GPU support, enabling compute—and memory-intensive computations on-chain. ICP’s Interoperability With Bitcoin, Ethereum, And Solana ICP’s Chain Fusion technology will allow direct interoperability with major blockchains, including Bitcoin, Ethereum, and other Ethereum Virtual Machines (EVMs). Nonetheless, the roadmap introduces several milestones to expand interoperability. Tritium milestone enables ICP to interact with Ethereum and EVM smart contracts, facilitating cross-chain communication. Deuterium milestone extends Chain Fusion support to emerging Bitcoin protocols. Interestingly, the Helium milestone aims to increase Chain Fusion for the Solana network, enabling decentralized applications (dApps) leveraging the capabilities of both networks. Related Reading: Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation Next, the Solenoid milestone decentralizes the operation of the ICP boundary nodes, “empowering” the network’s participants. The Levitron milestone provides visibility into the Internet Computer’s edge infrastructure, allowing developers to gain insights into dApp usage patterns and generate user statistics. Lastly, ICP will incorporate two governance systems: the NNS (Internet Computer’s DAO) and the SNS framework governing individual dApps. Tokenomics incentivizes voting participation and aligns DAO decisions with long-term interests. These governance mechanisms will allegedly ensure decentralized decision-making and community involvement. As of the current press time, the price of ICP has experienced a significant increase of 120% year-to-date. However, it is currently trading at $12.05, 98% lower than its previous all-time high (ATH) of $700 achieved in September 2023. Once implemented, the impact of the roadmap on the cryptocurrency’s price and its potential to regain bullish momentum and drive adoption for various use cases remain to be seen. Featured image from Shutterstock, chart from TradingView.com

ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap

Eclipse Labs has changed its leadership after sexual harassment allegations were levelled against its founder.

Eclipse Labs appoints new CEO after investors ‘urge’ founder to resign

Jennifer "Jenndefer" Duong has a brighter spotlight thanks to Fantasy Top and her content around Ethereum layer-2 network Blast. Here's her story.

How Jenndefer Became a Crypto Twitter Main Character via 'Fantasy Top'

Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16. The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews .

Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App

RCO Finance, a major player in decentralized finance (DeFi), has been at the forefront of integrating artificial intelligence (AI) with trading capabilities. That is not all; RCO Finance has joined the worlds of AI and DeFi, creating new possibilities for both industries and its investors. This approach has helped the company increase anticipated trader profits The post How RCO Finance Is Pioneering the Integration of AI and DeFi for Unmatched Financial Returns appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

How RCO Finance Is Pioneering the Integration of AI and DeFi for Unmatched Financial Returns

Ethereum is a legacy network, but it has been rapidly evolving. It has adapted to environmental needs, for example, while looking for ways to scale. Several hard choices have been made, including shifting from a proof-of-work to a proof-of-stake system. However, Péter Szilágyi, a developer and team lead at Ethereum, is concerned about how “malleable” Ethereum is

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