Category: AI

Chainlinkistheleadingmiddleware,linkingon-chaindappswithexternaldatasecurely.Whiletheplatformiscriticalinmanycryptosectors,especiallyDeFi,LINKhasrecentlystruggledformomentum. LINKHoldersMovingTokensFromExchanges:AreTheyAccumulating? However,on-chainstreamsfromIntoTheBlockrevealthatmoreholdersaremovingtokensfromtopexchangeslikeBinanceandCoinbase.InapostonX,theanalyticsplatformobservesthatexchangeflowoverthepastmonthhasbeennegative,signalingsustainedwithdrawals. Usually,whenevertokensaremovedfromexchanges,itcouldindicatethatownersareconfidentofwhatliesahead.SinceLINK,theERC-20token,issupportedbymanyDeFiprotocols,itcouldsuggestthatholdersareinterestedinengagingwiththesedapps,possiblyearningpassiveincome. Themoretransfersfromcentralizedramps,thehigherthelikelihoodofpricesexpandingintandem,whichisanetpositiveforLINKbulls.AccordingtoEtherscan,Chainlinkhasatopsupplyof1billionLINKdistributedto721,996uniqueaddresseswhenwritingonOctober23. Theseholdershave,inturn,movedLINKover15.8milliontimes.Aleveldeeper,onchaindatarevealsthatBinancecontrolsmorethan4.2%ofthetotalsupply.LINKundertheircontrolexceeds$479millionatspotrates. ChainlinkBuilding:WillPriceBreakAbove$20? WithIntoTheBlockdatapointingtonetoutflowsfromexchanges,thereisachancethatLINKwillfindsupportandresumetheuptrendofthepastfewtradingdays.LINKhasresistanceat$12.3,andadoublebarbearformationisprintingoutfollowingthedipofearlytoday. However,evenifpricesbreakhigher,rejectingbears,bullsmustdecisivelyexpandabovethedoubletopataround$13.TheeventualspikewillopenthedoorforLINKbullstocreateasolidbaseforarallyto$20. Thepaceofthisgrowthdependsonhowtopaltcoins,includingEthereum,perform.IfEthereumpricesrecover,soaringabove$3,000,itcouldreinvigorateDeFiandNFTdemand,liftingLINK. Beyondthis,pricedriverswillincludetheteam’sprogress.Yesterday,October22,ChainlinkLabslaunchedtheCross-ChainInteroperabilityProtocol(CCIP)PrivateTransactions.Thisfeatureenablesdataprivacywithoutviolatingexistinglawsguardingcross-chaintransactions. Thesolutionusesthemiddleware’sBlockchainPrivacyManager.Thisway,partnerbanksandotherfinancialplayerscansecurelyconnectprivatechainswithotherledgerswhenevertheysharesensitiveinformation. FeatureimagefromDALLE,chartfromTradingView newsbtc.com

HashWar,ablockchain-basedautobattlergame,hasintegratedNeoXintoitsplatform.InitiallylaunchedonEthereum,HashWarhassinceexpandedtosupportbothTONandNeoX,offeringplayerstheabilitytoengageinstrategicbattles,collectheroes,anddeveloptheirteamstomaximizerewards.WiththeinclusionofNeoX,playerscannowuseGAStopurchaseanexclusiveNeohero. HashWarandHeroes HashWarallowsplayerstoenjoybothPlayervsEnvironmentandPlayervsPlayerscenarios,wheretheycanuseheroestobattlemonstersorfaceoffagainstotherplayers.Withmultiplegamemodes,includingmainquestsandtrainingsessions,playershavenumerouswaystoearnrewardsandparticipateingameplay.InanAMAheldinSeptember,theplatformreportednearly120,000playersandcloseto10,000dailyactiveusers. HashWaraccommodatesbothNFTandnon-NFTheroes,offeringplayersflexibilityintheirapproachtothegame.NFTheroesprovideplayerswithbenefits,suchastheabilitytobestakedtoearnthegame’snativeHAWAtoken,points,andextrain-gameresources.ThisstakingmechanismallowsNFTholderstogeneratepassiverewardsandgainacompetitiveedge.OnJune15,HashWarreleased10,000NFTheroesforsaleat0.01ETHeach,allofwhichsoldoutbyJune16.TheseNFTheroesarenowonlyavailableforpurchasethroughsecondarymarkets. Regularnon-NFTheroesaredesignedforprogressionandgameplaywithoutadditionalearningmechanisms.WiththeintegrationofNeoX,playerscannowuseGAStopurchaseanexclusiveNeohero.WhiletheNeoheroisnotanon-chainasset,thisadditionprovidesNeoplayerswithauniqueentrypointintothegame. Neohero–Sourcehttps://app.hawahash.xyz/ HowtogetstartedonNeoX Tosupportnewplayers,HashWarhasreleasedaguideonhowtogetstartedwiththeNeoXintegration.ThearticleonHashWar’sMediumpageprovidesdetailedinstructionsonsettingupagameaccount,navigatingthedifferentgamemodes,andutilizingthevariousin-gamerewards. Theguidecanbefoundatthelinkbelow:https://medium.com/@hashwar/diving-into-hash-war-with-neo-x-007e6b837877 neonewstoday.com

CarrotSwap,aDEXoperatingontheNeoXblockchain,hasofficiallymigrateditsincentivesystemfromTestNettoMainNet.Theprogramencouragesearlyadoptersbyallowingthemtocompletevariousmissionsandaccumulatepointsthatcanlaterberedeemedforrewards. TheincentivestructureencouragesuserstoengagebothsociallyandthroughtheDEXitself.ParticipantscanearnpointsbycompletingtaskslikeconnectingtheirX/Twitteraccount,followingCarrotSwap’sofficialX/Twitterpage,joiningtheDiscordcommunity,andreferringfriends.Inadditiontosocialactions,userscanalsoearnpointsbyprovidingliquidityontheplatform. Users’progressistrackedviaaleaderboard,wheremissionscanbefoundandparticipantsarerankedaccordingtothetotalpointstheyhaveaccumulated.CarrotSwaphaspromisedrewards,includinganairdrop,tousersbasedontheirpositionandpoints. CarrotSwapfirstdeployedtotheNeoXTestNetinOct.2023afterreceivinganAWSawardattheNEOAPACHackathon.TheteamfollowedwiththeMainNetlaunchinAug.2024,completewithfullDEXfunctionality,user-creatablepools,andacross-chainbridgingservice.Duetotherelativelylowliquidityatthetimeofpress,largetradesmaycausesignificantslippage.Astheuserbasegrowsandmoreliquidityisadded,thisislikelytoimprove. MoreinformationregardingtheIncentivizedMainNetcanbefoundatthelinkbelow:https://carrot-fi.xyz/leaderboard neonewstoday.com

Ethereum’spricecouldbepoisedforahistoricrally,accordingtocryptocurrencyanalystswho,usingtechnicalanalysis,pointedtoarisetoasmuchas$10,000perETH,upfromthecryptocurrency’scurrent$2,570pricetag. InapostonthemicrobloggingplatformX(formerlyknownasTwitter)totheirover60,000followers,analystTraderTardigradepredictedEthereum’spricecouldhita$10,000highafterbreakingoutofanascendingtrendlinepatternformedwithsymmetricaltriangles. ThetradernotedthatthefirsttimeEthereum’spricebrokeoutofsuchastructureifmovedup70%,whilethesecondtimeitdid,itwentup140%.Ifathirdbreakoutdoescome,theanalystwrote,basedonitspreviousincreasesandthegrowthineachincrement,itcouldseea280%priceriseto$10,000perETH. #EthereumisplayingontheAscendingTrendlinewithSymmetricalTriangles🔥Thefirstbreakoutofthesymmetricaltriangleled$ETH+70%.Thesecondbreakoutofthesymmetricaltriangleled$ETH+140%.ItcomestothethirdBREAKOUTrightnow.Byprojecting2timesmorethan…pic.twitter.com/7MEp8eqhgD —TraderTardigrade(@TATrader_Alan)October21,2024 Asymmetricaltrianglepatternisformedbydrawingtrendlines,onefallingandanotheronerising,alongaconvergingpricerange.Toconfirmavalidbreakandnotafalseone,tradersshouldlookforasurgeinvolumeandatleasttwoconsecutiveclosesbeyondthetrendline,accordingtoInvestopedia. Symmetricaltrianglesusuallyindicatethatthepricewillcontinueinthesamedirectionasbeforethetriangleformed.Therefore,traderswouldexpectthepricetobreakupwardifasymmetricaltrianglefollowsanuptrend. AsCryptoGlobereportedearlierthismonthMatthewSigel,HeadofDigitalAssetsResearchatglobalinvestmentfirmVanEcknotedthefirm’s$22,000pricetargetforETHisfor2030,butacknowledgedthatEthereum’schangingfundamentalssuggestthatanupdatetotheirvaluationmodelisnecessary. Sigelexplainedthattheiroriginalmodelassumeda50:50splitintotalvaluelocked(TVL)betweenEthereumandL2s,aswellasa50:50splitonmaximumextractablevalue(MEV),whichtheyestimatedat0.10%ofTVLannually. Perhiswords,there’samajordiscrepancyinthesplitoftransactionrevenuebetweenEthereumandL2s.Whiletheoriginalmodelassumeda90:10splitinEthereum’sfavor,theactualsplitoverthepastfourmonthshasbeen10:90infavorofL2s. SigelsaidthatthisshiftdemonstratesthatL2saretakingsignificantlymorevaluefromEthereumthaninitiallyexpected.Hewentontosaythatifthis10:90splitremains,VanEck’spricetargetforETHwoulddropbytwo-thirds. FeaturedimageviaUnsplash. cryptoglobe.com

Asthecryptocurrencymarketemergesfromaprolongedseven-monthconsolidationphase,followingaparabolicuptrendforBitcoinandvariousaltcoinsinthefirstquarterof2024,cryptoanalystOxNoblerhasboldlydeclaredthattodaymarksthestartofthenextsignificantaltseason. AnalystPredictsMajorPriceMovementsAheadForAltcoins InarecentpostonthesocialmediaplatformX(formerlyTwitter),OxNoblersharedinsightsontheAltcoinIndicator,whichhasjustgoneparabolicforthefirsttimeinthreeyears. Theanalystemphasizedthecyclicalnatureofmarketphases,drivenbycapitalinflowsthatshiftfromBitcoinintolarger-captokensbeforeeventuallyreachinglower-capaltcoins,suggestingagrowingliquiditymovementthatcouldfuelsignificantpricesurgesacrossthealtcoinlandscape. Identifyingkeycatalystsfortheupcomingliquidityinflows,OxNoblerpointedtoseveralfactors:theupcomingUSelection,wherebothcandidatesexpresssupportforBitcoin,anticipatedFederalReserveratecuts,thepotentialliftingofthecryptocurrencybaninChina,andtheexpectedpayoutof$16billionfromFTXinQ42024toQ12025. Byanalyzinghistoricalpricemovementsandmarketcycles,OxNoblerbelievestraderscanpositionthemselvesforsubstantialgainsinthemonthsahead.OxNoblerhashighlightedseveralaltcoinsthathebelievesareprimedforgrowthinthisnewmarketphase. KeyPlayersInUpcomingMarketShift RealioNetwork(RIO):Thisblockchain-basedplatformfocusesontheissuance,investment,andlifecyclemanagementofdigitalsecuritiesandcryptoassets.Withacurrenttradingpriceof$0.83andamarketcapofjust$4million,OxNoblerbelievesthatRIOispoisedforsignificantupside,especiallygiventheincreasinginterestinRealWorldAssets(RWA).MajorassetmanagerslikeBlackRockarealreadyinvestinginthissector,potentiallydrivingdemandforaltcoinssuchasRIO. ZeroLabs(DEAI):Thistokensupportsadecentralizedartificialintelligenceecosystemfocusedondatagovernance.Currentlypricedat$0.55,DEAIhasamarketcapof$50million,makingitanattractiveoptionasAIcontinuestogaintraction,speciallyoverthepastyearbehindthebuzzsurroundingcompanieslikeNvidia. SUI:Notableforitsrecentperformance,SUIhassurged28%overthepastmonthandanimpressive372%year-to-date,currentlytradingat$1.98withamarketcapexceeding$5billion,positioningitwellfortheexpectedaltseason. RenderNetwork(RENDER):ThisdecentralizedGPUrenderingnetworkconnectsusersneedingGPUcomputingpowerwiththosewillingtorentouttheirresources.Pricedat$5withamarketcapof$2.6billion,theanalystsuggeststhatRENDERiswell-positionedtobenefitfromtheincreasingdemandforGPUcomputinginvarioustechnologicalapplications. TokenFi(TOKEN):Aimingtosimplifythecryptoandassettokenizationprocess,TokenFiaspirestobecometheleadingplatforminthisspace,accordingtotheanalyst.Currently,TOKENtradesat$0.047withamarketcapof$47million. FeaturedimagefromDALL-E,chartfromTradingView.com newsbtc.com

ShibaInuiscurrentlyhoveringclosetoacrucialtrendlinesupportlevelputting,itonthevergeofamajorbreakdown.AnydeclinebelowthistrendlinecouldbeproblematicforthepriceofSHIB,asithasbeencrucialtosustainingtheasset\'sgrowthtrajectory.Marketsentimentmayfurtherdeteriorateifthereisasteepdropbelowthistrendline.Thereisabrightside,though. The200EMAisapotentsecondarysupportlevelthatissituatedjustbelowthetrendline.ThiscouldkeepSHIBfromexperiencingacompletepricecollapse.ShibaInuisamongthemanyassetsforwhichthe200EMAhashistoricallyshownitselftobeadependablesupportlevel.Theriskofasignificantdeclineissomewhatreducedaslongastheassetisabletomaintainitspositionabovethiscrucialthreshold. Accordingtothepricechart,ShibaInuhasbeengenerallyrising,butthemomentumhasslowed,andtheseimportantsupportlevelsarenowtheonlythingbeingwatched.Beforeapossiblerecovery,theremightbesomeconsolidationifthepricedropsbelowthetrendlinebutstaysabovethe200EMA.However,ShibaInumayexperiencealongerdeclineifbothofthesethresholdsarecrossed. XRP\'sunpleasantcomeback XRP\'sreturntoacrucialpricelevelthatwaslastobservedinJuly,AugustandSeptemberhascausedsomeserioustrouble.Atthemoment,XRP\'spriceiscirclingbetween$0.52and$0.53,arangefromwhichithadpreviouslyhaddifficultyrecovering. Thiscanindicateabearishretracement,whichcouldresultinamoresignificantdeclineinprice.ThereturntothislevelsuggeststhatXRP,whichhadjustbeguntoshowsignsofrecovery,mayhavelostitsbullishmomentum.Theassetiscurrentlyundermorepressure,andunlessthemarketchanges,thereisagoodchancethatXRPwillenteramoreseriousdowntrend. ThesituationisbecomingevenmoredifficultduetothegeneralsentimentofthemarketandXRP\'sincapacitytomaintainabovesignificantresistancelevels.Nevertheless,therearestillpossiblesupportlevelsforXRPthatmightsavetheday.The200-dayEMA,whichissituatedjustbelowthecurrentprice,isthemostprominent.The200EMAhashistoricallyservedasareliablelevelofsupportforavarietyofassets,includingXRP. IfXRPcanstayabovethislevel,itmightstopamoresignificantretracementandgivetimeforconsolidationbeforetryingtoriseagain.Abreakabovethe100EMA,whichiscurrentlyactingasresistance,mightrekindlethebullishsentiment. Inordertoascertainwhethertheassetcanstabilizeorwhetheramoresignificantsell-offisimminent,tradersmustkeepacloseeyeonimportantlevels,particularlythe200EMA,asXRPiscurrentlyinaprecariousposition. Bitcoinshouldstaystrong Thelevelof$66,600iswhereBitcoiniscurrentlytradingandstayingonacrucialsupportlevel.Becauseadeclinebelowitcouldjeopardizetheasset\'srecentupwardmomentum,thisleveliscrucial.IfBitcoinisunabletomaintainitsholdabovethislevel,itcouldreverttoaprotracteddownwardtrend,muchliketheonethatoccurredearlierthisyearwhenitdroppedfromitspeakof$73,000to$52,000. InordertopreservethebullishstructurethatBitcoinhasbeenstrivingfor,the$66,600supportlevelisessentialaccordingtothecurrentchart.Abreakbelowmightindicatethatbuyingpressurehassignificantlydecreased,whichwouldcausethepricetocontinuetodecline. ThenextcrucialsupportlevelforBitcoinisthe$64,000range,whichitcouldeasilyreturntoifthisoccurs.TherealriskforBitcoinisthatitmightreturntothe$52,000range,butbelowthatitmightfindsomerespitearound$60,000.WhenBitcoinbreakssignificantsupportorresistancelevels,itusuallymovesinbigswings.Ifthe$66,600leveldoesnothold,therecouldbeasteepdrop. Conversely,the$70,000barrierwillbethenextobstacle,andBitcoin\'sall-timehighof$73,000willfollowifbuyersinterveneanddrivethepricehigherfromthere.Tradersandinvestorsarecurrentlykeepingacloseeyeonthe$66,600level.Bitcoinmightreenteraprotractedbearishphaseandfallto$60,000orevenlowerifitisunabletoholdsupportatthislevel. u.today

YicongWang,aChineseOTCtrader,hasbeenlaunderingstolencryptoforthenotoriousNorthKoreanhackinggroupknownasLazarusGroupsince2022. KnownforusingpseudonymslikeSeawang,Greatdtrader,andBestRhea977,Wanghashelpedconverttensofmillionsofdollarsinstolencryptointocashthroughbanktransfers. On-chaininvestigatorZachXBTexposedWang’sinvolvementafteravictimreachedoutearlierintheyeartoreportthattheiraccountwasfrozenaftercompletingaP2Ptransactionwiththecriminal.TheyalsoprovidedZachwithaTRONwalletaddressusedbyWang,takenfromaWeChatconversation. Wang’sroleinlaunderingstolencrypto Zach’sresearchrevealedthatYicongWangfacilitatedlaunderingofstolenfundsfromLazarus-relatedhackslikethoseonAlexLabs,EasyFi,Bondly,andtheIrysco-founder. Specifically,oneaddresscontrolledbyWangconsolidated$17millionfromthesehacks,with$374KUSDTblacklistedbyTetherinNovember2023.Afterthisblacklist,theremainingfundswerequicklymovedtoTornadoCash,theinfamouscryptomixer. BetweenNovemberandDecember2023,13transactionsof100ETHeachwerewithdrawnandmovedtoadifferentEthereumaddress.LaterinDecember,$45KwasbridgedtoTRON,eventuallylandinginwalletstiedtoWang. DespiteTether’sattemptstoblacklistthesefunds,hemovedthemoneyefficientlythroughcryptomixingservices. Lazarus’attackonAlexLabsinMay2024resultedina$4.5millionloss.Shortlyafter,oneofthehackedaddressesdeposited470ETHintoaprivacyprotocol. Thesameamountwaswithdrawnandtransferredtotwonewaddresseswithinhours.Another449ETHfollowedthesamepatternbetweenJune27to28thisyear,andendedupinWang’saccounts. Morestolencryptolaundered InJuly,LazarusGrouplaunchedanotherattack,thistimetargetingtheIrysco-founder.Theyusedaspear-phishingemailcampaigntosteal$1.3millionincrypto.ThestolenETHfollowedthesamerouteasbefore,withWangfacilitatingthelaunderingprocess. OnJuly31,thestolen70.8ETHwasdepositedintoaprivacyprotocol,followedbyanother338ETH.Again,thesefundsweresenttomultipleaddressesbeforeendingupinWang’sTRONwallets. ByAugust13,Wanghadlaunderedanother$1.5millionUSDTfromLazarusGroup’shacks.Duringthisperiod,fundswerebridgedfromEthereumtoTRON,linkingdirectlytohisaccounts. InvestigationsintothesetransactionsshowedthatanEthereumaddressblacklistedbyTetherinAugust,containing948KUSDT,wasalsoconnectedtoWang. Beforebeingblacklisted,746KUSDTwastransferredtooneofhisaddresses.Wangdidn’tstopevenafterbeingbannedfrommajorplatformslikePaxfulandNoonesforlaunderingfunds. Thoughhisaccountsunderthealiaseswereshutdown,Wangcontinuedmakingoffsitetransactions,assistingLazarusGroupwithlaunderingfunds. Lazarus’continuousThreattothecryptoindustry AsofOctober23,2024,LazarusGroupremainsoneofthemostdangerousthreatstothecryptoindustry.Theycontinuetoexecutehigh-profilehacks,targetingcentralizedanddecentralizedplatforms. Theirmethodshavebecomeincreasinglysophisticated,usingsocialengineeringcampaignslikethe“EagerCryptoBeavers”totrickblockchainprofessionalsintodownloadingmalware.Thismalwarestealscredentialsandaccesstocryptowallets,makingiteasierforLazarustodrainfunds. In2024alone,thehackinggrouphasbeenresponsibleformanymajorhacks.InJuly,theybreachedtheIndiancryptoexchangeWazirX,resultinginover$235millioninlosses. TheyalsotargetedcentralizedplatformslikeStake.com,whichlost$41millioninSeptember2023,andDeribit,whichsuffereda$28millionlossinNovember2022. Whilelawenforcementhasmadesomeprogress,recoveringstolenfundshasbeenchallenging.TheU.S.DepartmentofJustice(DOJ)isactivelyworkingtotrackandrecovercryptostolenbyLazarus,butthegroup’slaunderingmethodsmakethisdifficult. Earlierthismonth,theDOJfiledlawsuitstorecoverover$2.67millioninstolendigitalassetstiedtotheDeribitandStake.comhacks.ButtheseeffortsrepresentonlyafractionofthetotalamountstolenbyLazarus. cryptopolitan.com

CryptoexchangepioneerBitgethasmarkedamonumentalstride,emergingasoneofthetopdigitalassetexchangesglobally.SpeakingatBlockchainLifeDubai2024,thefirm’sCEO,GracyChen,revealedthevitalitiesbehindthecompany’sremarkablesuccess.Inherkeynotespeech,Chengarneredattentiontowardthecryptoexchange’sattention-nabbingachievements,strategies,andvisionforincreasingmasscryptoadoptionglobally.

Strongaltcoinslookpoisedforamoveup,accordingtoatopcryptoanalyst. ThepseudonymouscryptotraderknownasPentoshitellshis809,600followersonthesocialmediaplatformXthatthedigitalassetmarketiscurrentlyinanimportantspotforaltcoins. “Ipersonallylikethestructureorbasingtakingplace.Itlooksconstructiveforanothermovehigher.There’scertainlyalotofupside*IF*thiscanbeflippedfromresistancetosupport. I’vebeenverybullishonBTC,andthisisatypeofspotwhereMANYnotALLaltscangetstuckonBTC/USDpivotsandbleedvsBTCandcancontinueup.It’sjustsomethingtobeawareofwithyourexposure.SoIcertainlywouldn’tbechasinglaggingalts.AndwouldonlyfocusononeswithaclearuptrendandcontinuedstrengthduringBTC’smovessofar.” Source:Pentosh1/X PentoshialsonotesthatitlookslikeBitcoin(BTC)isinanall-timehigh“waitingroom.” “Hardtonotcallthisahigherhigh.Congratstothosewhohadpatience.Everyonegetsitatthepricetheydeserve.” Source:Pentosh1/X Bitcoinistradingat$67,319attimeofwriting.Thetop-rankedcryptoassetbymarketcaphaslargelytradedsidewaysinthepastweek. GeneratedImage:Midjourney dailyhodl.com

CoinbaseCEOBrianArmstronghasmadeaninterestingproposaltotheartificialintelligence(AI)agentTruthTerminal.TruthTerminalrecentlybecameacryptomillionairethankstoitstiestotheGOATmemecoin.Armstrong’sproposalcomesamidtheGOAT’srecentrallytoanewall-timehigh(ATH).