Crypto Power - Shilling

2023-10-19 01:24:09 CGI Federal and Partners Pioneering Metaverse Integration for the U.S. Marine Corps

CGI Federal has successfully concluded a real-time pilot within a planetary-scale Metaverse environment, in collaboration with the U.S. Marine Corps, marking a significant milestone in the convergence of digital technology and military operations. The pilot, executed in partnership with Microsoft and Battle Road Digital, involved the integration of the Marine Corps Platform Integration Center’s (MCPIC) logistics and asset management systems with digital twin technology.

Horace Blackman, Senior Vice President of Defense, Intelligence, and Space at CGI, announced this achievement and highlighted its profound implications. He underscored the pilot’s potential to revolutionize the way defense units conduct training, devise strategies, and position themselves for future challenges. Blackman went on to emphasize that these capabilities could serve as a benchmark for various federal agencies seeking to enhance their operational efficiency. the U.S. Marine Corps witnessed a notable enhancement in their capabilities. This included improved visualization, real-time monitoring, simulation, and predictive analytics. Open / Comment

2023-10-18 18:22:23 De.Fi Web3 SocialFi & Antivirus SuperApp

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They are backed by the same investors behind Tesla and SpaceX - HOF Capital. Other investors include, OKX Ventures, Huobi Ventures, MEXC, and key figures from Coinbase and Binance.


Right now, they launched a Pre-Sale Round of their token $DEFI.

It's confirmed that the project will have a token this year, the listing should take place on Tier-1 exchanges. It is also possible listing $DEFI on these exchanges after the token sale is end.

Current round price is $0,275, and it will increase soon.

Join De.Fi 2.0: https://de.fi/2.0/sXxkGv Open / Comment

2023-10-18 01:19:20 Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service

On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies.

At the beginning of this year, the US government took possession of the 55 million HOOD shares owned by Bankman-Fried and Gary Wang, co-founders of FTX, through their holding company, Emergent Fidelity Technologies, after Bankman-Fried's cryptocurrency exchange, FTX, and Emergent filed for bankruptcy protection in 2022.

Last November, just six months before Bankman-Fried's company filed for bankruptcy, he disclosed a 7.6% stake in Robinhood.

However, he clarified that he had no intention of taking control of the retail trading platform. At that time, he expressed excitement about Robinhood's business prospects and potential collaboration opportunities with FTX.

According to a US Securities and Exchange Commission Filing dated August 30, the US District Court for the Southern District of New York approved the share repurchase agreement on August 28. Open / Comment

2023-10-15 17:51:48 ​Buterin’s Ideas For DeFi Will Disrupt Centralized Finance

Founder of Ethereum (ETH), Vitalik Buterin, published key takeaways about crypto payments from his personal experience in a blog titled, “Some personal user experiences.” The article found on Buterin’s website provided some valuable insights for developers and users alike to improve user experience and reliability of decentralized finance (DeFi).

Quoting his anecdotes from over a span of a decade, Buterin analyzes the challenges he faced in the cryptocurrency payment space and the probable solutions he finds to it. He begins by pointing out that “[the] Internet is not 100% reliable,” a problem he encountered while trying to pay a merchant with his mobile internet.

Eventually, Buterin had to complete the transaction over WiFi that was available 50 meters away. As a solution, he suggests, “We need in-person payment systems to have some functionality [such as] NFC or a QR code.” He believes that this is the best way to get a transaction broadcasted and will allow customers to transfer data directly to the merchant.

Next, Buterin explains that simple-and-robust UIs (user interfaces) are better than fancy-and-sleek ones. This observation comes from the difficulty he faced with default transactions, gas limits, and phone wallet glitches while paying a merchant. He suggests, “We need to have better defaults.” Open / Comment

2023-10-13 21:04:04 Layer 2 zkEVM Scroll appears to have gone live on mainnet, $500,000 bridged so far

Ethereum Layer 2 network Scroll appears to have launched its zkEVM live on mainnet, with funds already being bridged to the platform, according to on-chain data. Over 330 ETH ($515,000) has been bridged so far, according to a Dune Analytics dashboard, encompassing more than 850 transactions and nearly 500 unique users. Bridge deployment appears to have begun on Oct. 8, according to blockchain explorer Etherscan.

There has been no official announcement from the Scroll team as yet. However, users are already able to add the mainnet to their web3 wallets like MetaMask and transfer funds from other Ethereum-based networks to the zkEVM via third-party bridges such as Owlto Finance. The minimum bridge amount is reportedly 0.0035 ETH (around $5). Some dapps have also begun integrating with the Scroll mainnet, including ScrollSwap — the first decentralized exchange on Scroll — and the omnichain solution Merkly, enabling users to play around with the new network further. DefiLlama is already tracking ScrollSwap and three other DEXs on the Scroll zkEVM and is reporting a total value locked on Scroll applications of more than $150,000 so far. Open / Comment

2023-10-12 20:44:00 KuCoin became the first exchange that listed Islamic Coin

According to the Islamic Coin's official telegram channel Islamic Coin has launched October 10 on KuCoin. KuCoin became the first platform that listed Islamic Coin, however as the coin's team states there will be new listings on other top-tier exchanges soon. The coin is now available for non-Dubai residents only. Recently Islamic Coin finished a public token sale on Republic, where participants could secure ISLM at a presumably better price.

The coin has the biggest Twitter account among crypto Muslim community with 1.3M followers and the potential audience of over 2 billion holders (1.8 billion Muslims + crypto-enthusiasts). Developers believe that if at least 3% of this audience holds ISLM token, the capitalization will be comparable to BTC. The project has already secured $400M from private investments and from ABO Digital. The coin is backed by top names in finance and UAE Royal Family members on Executive Board. In addition, partnerships with SushiSwap and Pyypl will provide liquidity and staking assets, and set the stage for lucrative token mining opportunities. Islamic Coin could disrupt the $2 trillion Islamic financial market and if you want to be a part of it - check KuCoin and trade ISLM now. Open / Comment

2023-10-11 08:42:26 ​Bitcoin Frogs outpaces Bored Apes to become hottest NFT collection during past 24 hours

Bitcoin Frogs surpassed Bored Apes as the most traded non-fungible token collection during the last 24 hours, in what is a milestone for the upstart Ordinals market. The collection has generated more than $2 million in trading from nearly 700 transactions.

Comparatively, the Bored Ape Yacht Club, the most-valuable NFT collection in the world by market share, has ranked third during the last day with about $1.3 million in volume, the CryptoSlam! data also shows.

So far this month Bitcoin Frogs NFTs have registered $5.9 million in trading, according to CryptoSlam! data. The collection generated about $52,000 in trading in April. Open / Comment

2023-10-08 22:41:54 FriendTech developers rake in nearly $20 million since August launch

The development team behind social protocol FriendTech has generated nearly $20 million in revenue in just a few months since going live. Launched in August, FriendTech is a platform that allows users to link their Twitter accounts and facilitates the purchase or sale of influencer profile tokens (named “keys”) with ETH on the Coinbase-backed Layer 2 network, Base. These keys grant users privileged communication access to the influencers.

The project holds the lead as the largest revenue-generating app on Base and the second-largest in all of crypto, according to DeFiLlama data. At the current rate, it's on track to generate an annualized revenue of $180 million. The platform has so far generated nearly $40 million in overall fees from users. These fees are generated by taxing approximately 10% of the trading volume of social tokens. Half of this total fee is allocated to the project's team as revenue, and the other half is distributed to users whose keys are traded. However, the number of unique users has dropped significantly since late September, according to data from The Block. Open / Comment

2023-10-06 23:32:21 Cardano's TVL Hits Record 446 Million ADA

Cardano, a blockchain platform known for its innovative approach and peer-reviewed scientific research, has recently hit a significant milestone. The Total Value Locked (TVL) in Cardano’s DeFi ecosystem has soared to over 446 million ADA, marking a new all-time high, according to data from DeFiLlama. This surge in TVL is a testament to the growing popularity and trust in Cardano’s ecosystem as more protocols come online.

The rapid expansion of decentralized finance (DeFi) protocols on Cardano has significantly contributed to this growth. These protocols enable users to engage in various financial activities, including lending, borrowing, and yield farming, all while maintaining control over their funds. Cardano’s scalable and secure infrastructure has attracted numerous DeFi projects, enhancing the platform’s ecosystem and amplifying its TVL. Minswap, for instance, continues to lead the TVL on Cardano with a 35.96% dominance, as reported by the TapTools team.

The recent increase in Cardano’s TVL can also be attributed to individuals seeking refuge from the traditional banking system and centralized exchanges. Growing concerns over privacy, security, and control have driven many users towards decentralized alternatives, and Cardano has emerged as a compelling choice. Open / Comment

2023-10-03 15:02:29 Ethereum’s EIP-7503 Takes Privacy to New Heights at Execution Layer Summit

Ethereum’s ACDE 171 event focused on network security, privacy, Devnets, audits, Holesky launch, private ETH transfers, and EIP-6780 changes. Ethereum recently completed a community event, ACDE 171, discussing how to bring several transformative elements that could shape the future of the network, possibly bolstering security and privacy. The event covered several broad topics, including Dencun Devnets, extensive audits, the much-awaited launch of Holesky, a pioneering proposal for private ETH transfers.

Tim Beiko, a popular member of the Ethereum community, gave a detailed recap of these events on X. The topics he highlighted include the development of devnet-9, the focus on blob transaction gossip, audits of the EIP-4788 contract bytecode, and the relaunch of Holesky. Per the X posts, the event’s highlight was the introduction of EIP-7503, a proposition that, according to Beiko, will redefine private transfers on the Ethereum blockchain. The authors of EIP 7503 were allowed to present the idea. According to Ethereum’s documentation, EIP 7503 was discovered when the developers were exploring ways to offer more privacy and applications of ZKP. EIP-7501 introduces a new approach called “Burn and Remint,” which allows private transfers by burning and reminting ETH. Open / Comment