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Bitcoin and Ethereum Lead as Options Market Sees Historic $15B Quarterly Delivery – The Crypto Basic

Bitcoin (BTC) and Ethereum (ETH) took center stage today as options contracts worth billions expired amidst a historic quarterly delivery totaling over $15 billion.

For the uninitiated, this quarterly delivery event involves the settlement or resolution of a large volume of crypto contracts, including options and futures contracts, at the agreed terms. This marked the first quarterly delivery of this year.

Interestingly, data suggests that the notional value of $15 billion for this delivery represents the highest quarterly delivery figure ever recorded in the crypto market. This figure reflects the growing institutional involvement in the crypto scene and increasing capital inflows.

Prominent Chinese blockchain report Colin Wu called attention to this development in a recent post, citing information provided by GeeksLive, an options trading data analytics resource.

For Bitcoin, 135,000 options contracts expired upon the quarterly delivery. The Put Call Ratio for these contracts stood at 0.85, signaling a predominantly bullish sentiment among traders. This ratio, which compares the number of put to call options, suggests optimism for Bitcoins price trajectory.

In addition, Bitcoins max pain stood at $51,000, marking the level where the maximum number of options contracts expired worthless. As BTC deviates from this price, now trading above $70,000, this event could trigger significant price movements as traders adjust their positions.

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Significantly, the combined notional value of Bitcoin options contracts totaled a staggering $9.5 billion. This is due to massive capital inflows amid institutional interest.

Despite the monumental quarterly delivery, Bitcoin surged during the week, reaching $70,000 and defying expectations.

Bitcoin has steadied above the $70,000 territory, but the recent quarterly delivery could make the start of intense volatility for the BTC market. The premier crypto currently trades for $70,385, with 24-hour options Open Interest (OI) rising 2% to $10.24 billion, per Coinglass data.

As the market braces for Bitcoins halving event next month, traders have been adjusting their strategies accordingly. The halving event, which halves the reward for mining new blocks every four years, could further bolster BTCs price by reducing its inflation rate.

Meanwhile, Ethereum also recorded significantly higher figures, as 1.58 million options contracts expired. The Put Call Ratio for Ethereum stops at 0.63, indicating a similar bullish bias among options traders, albeit slightly lower than that of Bitcoin.

Ethereums max pain point was $2,600, with the crypto asset now 35% up from this price, currently changing hands at $3,533. The notional value of Ethereum options contracts amounted to $5.6 billion, a figure that represents massive capital inflows into the ETH options market.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Evolving Digital Innovation: Qubic’s Journey Toward True AI – GlobeNewswire

Tallinn, Estonia, March 28, 2024 (GLOBE NEWSWIRE) -- Qubicembarks on a transformative journey to empower global innovation with the potential of True AI. Embracing its vision, Qubic leverages an expansive computing network to redefine the landscape of artificial intelligence, moving beyond the traditional Proof-of-Work process to introduce a useful-Proof-of-Work (uPoW) concept. This innovation ensures that every computational effort directly contributes to AI development. At the heart of Qubic's efforts is Aigarth, an advanced AI system that symbolizes the platform's goal to grant universal access to the most sophisticated AI capabilities available. Aigarth analyzes data from AI miners to construct billions of neural networks, thereby mimicking the complexity of a human brain.

In alignment with its mission to establish the premier open-source AI infrastructure, Qubic functions as a unique decentralized network governed by Quorum consensusdescribed by Nick Szabo. Qubic Network is run by 676 validators, called 'computers'. These roles range from executing smart contracts and ensuring network security to managing feeless transactions. Through this robust infrastructure, Qubic not only facilitates smart contract executions with exceptional efficiency but also boasts the ability to process more than 40 million transfers per second (TPS) on the smart contract level. This remarkable capacity stands as a testament to Qubic's dedication to creating a high-performance computational AI network that acts as the foundational support for True AI development, providing swift, secure, and scalable solutions for AI integration.

A standout feature of Qubics platform is its novel approach to Initial Public Offerings, known as Qubic IPOs, which draws inspiration from the auction-based IPO method first introduced by Google. Unlike traditional fundraising, Qubic IPOs allow users to invest directly in smart contracts, becoming stakeholders in the technology itself. This novel approach democratizes investment in blockchain technology, offering participants a direct share in the success of groundbreaking projects. The platforms take on Initial Public Offerings results in each smart contract in the Qubic network getting an IPO for its 676 shares. Qubic users can fund a smart contract by purchasing one of these shares.

The $QUBIC coins used to fund a smart contract are locked up and burned, reducing the coins circulating supply and covering the contracts execution costs. Users funding a smart contract become shareholders and earn passive income from contract fees. The contract is self-sustaining until the locked $QUBIC is depleted. At this stage, a portion of the shareholder fees funds further execution. Its worth noting that the first three smart contracts executed on Qubic burned over 10.5 trillion $QUBIC of the capped circulating supply of 1,000 trillion coins.

Qubics founder, Sergey Ivancheglo, also known as CFB, recentlycommentedon the softwares efficiency:

The program gauging functional power of the new #Qubic mining algo used by #Aigarth for #AI training has just finished its computations. "Terrific" in all its meanings suits the best to explain the result. I've never seen such a powerful yet very simple construction of an #ANN!

About Qubic

Qubic is a community-driven project, entirely open source and under anti-military license. It was founded bySergey Ivancheglo, also known as Come-from-Beyond, the creator and co-creator of the first full PoS & DAG protocol (NXT & IOTA). The platform launched its mainnet in Q2 of 2022 and has grown a loyal community of over 88,000 members and over 500,000 miners.

Qubic comes from the acronym "QBC," which stands for "Quorum-Based Computor." The platform stays true to this term by providing fair, consensually-reached smart contract execution, ensuring only useful and legitimate contracts are added to the network. One of the standout features that could lead to its mainstream adoption is the fact that all transactions on the Qubic protocol are feeless. Also, the votes from 451 Computors (The Quorum) are reliable for offline payment verification. Ultimately, quorum-based computations, cost-effective transfers, and record-breaking TPS speeds enable participants to enjoy a lucrative and user-friendly experience.

You can learn more about Qubic by following these links:

Official Website|Telegram|X (Twitter)|Discord|LinkedIn|YouTube

Email Qubic ataf@qubic.org

Disclaimer: This content is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in Qubic or any related entity. Qubic IPOs are not available to persons in the United States or in any jurisdiction where such participation would be unlawful. Potential participants should consult with legal, financial, and tax advisors before engaging in any of Qubics offerings. This document may contain forward-looking statements subject to risks and uncertainties that could cause actual results to differ.

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CoinRaffle.io Unveils Innovative Platform for Secure and Fair Decentralized Raffles – GlobeNewswire

Willemstad, Curaao, March 29, 2024 (GLOBE NEWSWIRE) -- TheCoinRaffle.ioproject has proudly launched its utility-focused platform, which relies on decentralized technology. This innovative solution enables projects to host community raffles with ease, transparency, and fairness.

CoinRaffle.io is making crypto more engaging and empowering projects with its easy-to-use dApp. Creating raffles, boosting token utility, and automating token burning has never been simpler.

Unlocking New Dimensions of Token Utility

The core of CoinRaffle.io is its advanced smart contract technology, which ensures fairness in selecting random winners. With audited contracts and immutable blockchain records, CoinRaffle.io provides transparency and security for all participants.

The platform's solid integration with multiple blockchains facilitates accessibility to many users. The project allocates tokens as prizes to incentivize community engagement and boost token utility.

Developed by VTS Blockchain Engineers for CoinRaffle Inc., the platform represents the future of decentralized community engagement. It unlocks new dimensions of token utility, combining growth and practical usage.

With upcoming features such as Ethereum, Optimism, and Solana support, CoinRaffle.io continuously evolves to meet user needs.

Transforming Community Engagement with Decentralized Raffles

Creating raffles has never been easier with CoinRaffle's user-friendly interface. Specifically, here is what users will need to do to create their raffle:

After agreeing to the terms and to the privacy policy, users can click "Generate Raffle" to create it. In order to ensure fairness, distribution rules include percentages for the winner, team wallet, and burn.

As a service fee, 2.5% of the raffle funds will go to CoinRaffle. Users can view past raffles in "My Raffles" by connecting their wallet to the platform. The dApp is compatible with over 380 different wallets, making it accessible to all.

About CoinRaffle.io

CoinRaffle.io is a new platform offering a unique approach to community engagement in the crypto space. With a focus on token utility and automated token burning, it aims to empower crypto projects and enthusiasts.

The platform provides a cutting-edge decentralized application (dApp) for creating and managing raffles, making community engagement more dynamic. This creates new dimensions of token utility for projects, with customizable raffles and increased value propositions.

Transparency and security are key values at CoinRaffle.io. The platform ensures trust through smart contract audits, while its non-custodial architecture keeps funds secure. In addition, a 24/7 Telegram Technical Support Chat is available for assistance.

Anyone wishing to discover more about CoinRaffle.io can visit theplatform's website. The social pages listed on the website (and below) also offer regular updates and announcements.

X (Twitter)|Telegram

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Mateo H. admin at coinraffle.io

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As Its Keynote Video Sparks Frenzy, BlockDAG Leads With Massive Presale Raise Of $10.4 Million Against Pyth … – Blockchain Magazine

March 29, 2024 by Carolyna Mavis

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In the dynamic crypto sphere, significant developments surrounding Pyth Network and InQubeta are making headlines. Yet, amidst this evolution, BlockDAG stands out, capturing investor attention with a staggering $10.4 million raised while only being in the fifth batch of its Presale. Distinguishing between the three and deciding which investment will grant maximum returns is a

In the dynamic crypto sphere, significant developments surrounding Pyth Network and InQubeta are making headlines. Yet, amidst this evolution, BlockDAG stands out, capturing investor attention with a staggering $10.4 million raised while only being in the fifth batch of its Presale. Distinguishing between the three and deciding which investment will grant maximum returns is a difficult task this article aims to ease.

Pyth Network Price Feeds, now fully operational on Merlin Chain, marks a milestone for developers seeking real-time data access. With over 400 immediate, low-latency data feeds covering crypto and traditional financial sectors, developers can gain opportunities for smart contract applications. This includes derivatives, perpetual futures trading, and decentralized borrowing and lending services.

Pyths unique pull oracle architecture empowers smart contracts to request price updates as needed, ensuring high accuracy and frequency access to the latest data. As part of Bitmap Tech, Merlin Chain is revolutionizing Bitcoins Layer1 capabilities, aiming to make Bitcoin more engaging through its Layer2 network. This sets a new standard for data reliability in the DeFi and broader blockchain ecosystems, fostering innovation and growth in the digital asset realm.

InQubeta (QUBE) emerges as a standout player in the crypto landscape, riding the AI and blockchain convergence wave. As investors flock to capitalize on this thriving trend, InQubeta stands out for its innovative solutions to reshape the industrys fundraising dynamics. Focusing on democratizing access to AI investments, InQubeta aims to establish a premier crypto-based crowdfunding platform for tech startups alongside an NFT marketplace for fundraising endeavors.

The ongoing presale of InQubeta has garnered significant attention, with $12.3 million raised, while it is weak in comparison to BlockDAGs massive $9.9M it is still a noteworthy achievement. Analysts predict a remarkable 45x surge post-launch, making it a highly recommended presale opportunity.

After the novel addition of a keynote video that went viral in the crypto arena, BlockDAG, with $10.4 million raised in presales and Batch 5 priced at 0.003 USDT, has sold over 5.7 billion BDAG coins and 4100+ X Series Miners. This blockchain technology innovator leverages the Directed Acyclic Graph (DAG) structure and Proof-of-Work (PoW) consensus mechanism to ensure scalability, security, and decentralization. Its commitment to cultivating a robust network attracts investors and miners seeking cutting-edge technology.

BlockDAG prioritizes user-friendly mining experiences that was further exemplified in its keynote video, offering mobile applications like the BlockDAG x1 app for up to 20 BDAG coins daily and home mining solutions such as the x10, x30, and x100 machines. Positioned as the worlds most advanced layer-1 blockchain, BlockDAG boasts industry-leading speeds and unbeatable security, fostering investor trust.

Watch The BlockDAG Keynote Video Here!

Its scalability accommodates a growing user base while enhancing network integrity. Investors and miners are drawn to BlockDAGs commitment to reshaping the crypto landscape with scalability and decentralization, making it an appealing choice for those interested in contributing to a decentralized and secure crypto ecosystem.

In the dynamic realm of cryptocurrency, BlockDAG stands out as the ultimate choice for investors. With its innovative scalability features and unwavering commitment to decentralization, BlockDAG surpasses competitors like Pyth Network and Pyth Network price and InQubeta presale. Having raised $10.4 million in presales and selling over 5.7 billion BDAG coins, BlockDAGs Directed Acyclic Graph structure and Proof-of-Work consensus mechanism ensure unparalleled security and speed. It calls out investors to embrace the future of blockchain technology and contribute to a decentralized ecosystem.

Join the BlockDAG Presale Now:

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Transformative Impact of Ethereum on Smart Contract Technology – Leadership News

Smart contracts, self-executing digital agreements powered by code, represent a revolutionary shift in transactional processes. Operated on decentralized networks, these automated protocols eliminate the necessity for intermediaries, bringing heightened efficiency to contractual interactions. The evolution of smart contracts is deeply interwoven with the broader blockchain revolution, progressing from conceptualization to widespread adoption. This journey has witnessed substantial advancements, marking a transformative stride toward a decentralized future. Amidst these developments, it is noteworthy that solutions like https://neo-profit-ai.com/, an online trading solution, have emerged, providing users with unique opportunities within the decentralized landscape.

Understanding Ethereums Role in Smart Contracts Ethereum as a Pioneer in Blockchain Technology Ethereum, a trailblazer in blockchain, has played a pivotal role in advancing smart contract capabilities. Its introduction of the Ethereum Virtual Machine (EVM) marked a watershed moment in the realm of decentralized computation.

The Birth of Ethereum Virtual Machine (EVM) The Ethereum Virtual Machine (EVM), a runtime environment for smart contracts, enables the execution of code on the Ethereum network. Its design fosters a decentralized ecosystem where developers can deploy and execute code seamlessly.

How Ethereum Enables Smart Contracts Ethereums architecture empowers smart contracts by providing a decentralized infrastructure for their execution. Smart contracts, coded in languages like Solidity, operate on Ethereums blockchain, ensuring transparency, security, and autonomy.

Ethereums Impact on Decentralized Applications (DApps) The Synergy Between Ethereum and DApps Decentralized Applications (DApps) leverage Ethereums capabilities to create trustless and transparent applications. This synergy fosters a new era of digital services, ranging from finance to gaming, built on the principles of decentralization.

Use Cases and Success Stories of DApps on Ethereum DApps on Ethereum have demonstrated their utility across various sectors. Examples include decentralized finance (DeFi) platforms, non-fungible token (NFT) marketplaces, and decentralized autonomous organizations (DAOs), showcasing the versatility of Ethereums ecosystem. Advantages and Challenges in DApp Development While Ethereum provides a fertile ground for DApp development, challenges such as scalability and user adoption persist. Overcoming these hurdles is crucial for the sustained growth of Ethereum-powered decentralized applications.

The Power of Ethereums Turing-Complete Language Exploring Solidity: Ethereums Smart Contract Programming Language Solidity, Ethereums Turing-complete programming language, empowers developers to create sophisticated smart contracts. Its syntax, akin to JavaScript, facilitates the seamless translation of contractual agreements into executable code. Turing Completeness and its Significance in Smart Contracts The Turing completeness of Solidity enables the development of complex smart contracts, mirroring the capabilities of a universal Turing machine. This feature enhances the expressive power of Ethereums smart contracts, allowing for intricate logic and computation.

Flexibility and Creativity in Smart Contract Development The flexibility afforded by Solidity encourages creativity in smart contract development. Developers can craft diverse and intricate agreements, from decentralized governance structures to complex financial instruments, contributing to the richness of the Ethereum ecosystem.

Smart Contract Security on the Ethereum Network Vulnerabilities and Challenges in Smart Contract Security Smart contracts, while powerful, are susceptible to vulnerabilities. Ethereum has witnessed incidents of security breaches, highlighting the importance of addressing challenges related to code vulnerabilities, external dependencies, and governance. Ethereum Improvement Proposals (EIPs) for Enhanced Security The Ethereum community actively addresses security concerns through Ethereum Improvement Proposals (EIPs). These proposals aim to enhance the security features of the network, implementing measures to fortify smart contracts against potential exploits.

Best Practices for Secure Smart Contract Development Adhering to best practices is imperative for secure smart contract development. Code audits, thorough testing, and adherence to established standards are essential to mitigate risks and ensure the robustness of smart contracts on the Ethereum network.

Decentralized Finance (DeFi) and Ethereum The Rise of DeFi Platforms on Ethereum Decentralized Finance (DeFi) has emerged as a prominent use case for Ethereum. DeFi platforms, built on smart contracts, facilitate trustless financial transactions, including lending, borrowing, and trading, reshaping the traditional financial landscape.

Smart Contracts in DeFi: Lending, Borrowing, and Yield Farming Smart contracts in DeFi enable automated lending and borrowing protocols, eliminating the need for intermediaries. Yield farming, another DeFi innovation, leverages smart contracts to optimize returns for users participating in liquidity provision.

Regulatory Challenges and Future Potential of DeFi on Ethereum As DeFi gains traction, regulatory challenges emerge. Striking a balance between innovation and compliance is crucial for the sustainable growth of DeFi on Ethereum. The community navigates these challenges to unlock the full potential of decentralized finance. Ethereum 2.0 and the Future of Smart Contracts Transition to Proof-of-Stake (PoS) and its Impact Ethereums transition to Proof-of-Stake (PoS) in Ethereum 2.0 marks a significant evolution. PoS aims to address scalability issues, energy consumption concerns, and enhance the overall sustainability of the Ethereum network.

Upgrades and Scalability Solutions in Ethereum 2.0 Ethereum 2.0 introduces various upgrades and scalability solutions, including shard chains and the Beacon Chain. These enhancements aim to increase the throughput of the Ethereum network, enabling a more scalable and efficient smart contract ecosystem.

The Continued Evolution of Smart Contracts on Ethereum As Ethereum evolves, smart contracts will continue to play a pivotal role in shaping the decentralized future. Ongoing developments, upgrades, and community-driven initiatives will contribute to the continued evolution and maturation of smart contract technology on the Ethereum network.

Conclusion In conclusion, Ethereums impact on smart contracts has been transformative, reshaping digital agreements and decentralized applications. From pioneering blockchain technology to the ongoing Ethereum 2.0 upgrade, the network has played a profound role in the evolution of decentralized systems. Looking forward, the landscape of smart contract technology on Ethereum is set for further advancements, with anticipated developments in scalability, enhanced security measures, and innovative use cases poised to define the trajectory of smart contracts in the decentralized ecosystem. Beyond smart contracts, Ethereums influence extends to shaping the broader blockchain technology landscape. Its decentralized approach and commitment to continual improvement position Ethereum as a cornerstone in the ongoing evolution of the decentralized future.

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Exploring Cardano: The Next Generation Blockchain – FinanceFeeds

Cardano, a groundbreaking blockchain platform, aims to revolutionize digital finance. This article delves into its unique features, technology, and potential impact on the cryptocurrency landscape.

Cardano stands as a beacon in the rapidly expanding universe of blockchain technology. Unlike its predecessors, Cardano was designed with a scientific approach, aiming to address the shortcomings of earlier blockchain platforms. It combines pioneering technologies to provide unparalleled security and sustainability, making it a significant player in the cryptocurrency world. With its unique layered architecture, Cardano offers a flexible and scalable platform that supports the development of decentralized applications (DApps) and smart contracts, setting a new standard for technological innovation.

The Vision Behind Cardano

Cardano is more than just a cryptocurrency; its a comprehensive ecosystem built on the principles of peer-reviewed research and evidence-based methods. It seeks to provide a more balanced and sustainable ecosystem that addresses the needs of its users as well as regulatory requirements. The platforms native cryptocurrency, ADA, plays a central role in its ecosystem, facilitating transactions and serving as a means for holders to participate in the networks operation through staking.

Ouroboros: The Heart of Cardano

At the core of Cardanos technology is Ouroboros, an innovative proof-of-stake (PoS) consensus mechanism that significantly enhances the platforms energy efficiency and scalability. Unlike proof-of-work (PoW) systems, which require vast amounts of computational power, Ouroboros enables Cardano to achieve consensus with minimal energy consumption, making it an environmentally friendly alternative.

Interoperability and Scalability

Cardano is designed to solve some of the most pressing issues facing the blockchain industry today: interoperability and scalability. Through its unique layered architecture, Cardano separates the ledger of account values from the reason why those values were moved. This separation allows for greater flexibility and the ability to upgrade the platform without hard forks, ensuring longevity and stability.

Smart Contracts and DApps Development

The introduction of smart contracts on Cardano has opened up new possibilities for developers. By providing a secure and robust platform for DApps and smart contracts, Cardano is at the forefront of enabling complex and functional decentralized applications, potentially transforming everything from finance to governance.

Cardanos Impact on the Cryptocurrency Landscape

Cardanos ambitious roadmap and continuous development efforts position it as a formidable contender in the blockchain space. Its focus on sustainability, security, and scalability offers a glimpse into the future of decentralized applications and smart contracts. As Cardano continues to evolve, its impact on the cryptocurrency landscape could be profound, challenging established platforms and pioneering new standards for digital finance.

Cardano represents a new dawn in blockchain technology, characterized by its scientific approach, commitment to sustainability, and the potential to revolutionize the way we interact with digital finance. With its innovative consensus mechanism, layered architecture, and a focus on interoperability and scalability, Cardano is poised to make significant strides in the cryptocurrency world. For investors, developers, and cryptocurrency enthusiasts, Cardano offers a promising platform that combines technological innovation with a vision for a more secure and scalable future.

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Ethereum: Pioneering the Future of Blockchain Technology – FinanceFeeds

Ethereum is shaping the future of blockchain and digital transactions. This article explores its innovations, ecosystem, and impact on the world of decentralized applications.

Ethereum stands as a monumental force in the realm of blockchain technology, not just as a cryptocurrency but as a comprehensive platform that enables decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party. Since its inception, Ethereum has significantly contributed to the expansion of the blockchain industry, fostering a new era of digital innovation and financial independence. At its core, Ethereum transcends the basic functionalities of a digital currency, offering a flexible and powerful programming platform where developers can create smart contracts and decentralized applications, driving forward the vision of a decentralized internet.

The Core Innovations of Ethereum

Ethereums groundbreaking contribution to the blockchain world is its introduction of smart contracts. These self-executing contracts with the terms of the agreement directly written into code automate transactions and agreements, facilitating, verifying, or enforcing the negotiation or performance of a contract. Smart contracts run on the Ethereum Virtual Machine (EVM), which operates as a global, decentralized computing engine.

The Ethereum Ecosystem

The Ethereum ecosystem is vast and continuously growing, encompassing a wide range of applications across various sectors including finance, healthcare, real estate, and more. This ecosystem is powered by Ether (ETH), Ethereums native cryptocurrency, used primarily for transaction fees and computational services on the network. The advent of decentralized finance (DeFi) projects has further propelled Ethereums prominence, highlighting its utility beyond mere currency to a foundational technology for a new financial infrastructure.

Impact on Decentralized Applications

Ethereum has arguably been the most influential in the proliferation of decentralized applications. By providing a platform where developers can build and deploy dApps without the need for centralized servers, Ethereum is democratizing access to technology, enabling innovative solutions and services that are secure, transparent, and resistant to censorship. This has not only opened up new avenues for application development but has also challenged traditional business models by offering alternative, decentralized structures.

Challenges and Future Developments

Despite its successes, Ethereum faces challenges, notably scalability, energy consumption, and network congestion, which have led to high transaction fees during peak times. In response, significant upgrades are underway, including the transition to Ethereum 2.0, which aims to improve scalability through the introduction of shard chains and switch the consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), reducing energy consumption significantly.

Ethereums impact on the blockchain landscape is undeniable. With its innovative approach to smart contracts and decentralized applications, Ethereum is not just a cryptocurrency but a comprehensive platform that offers endless possibilities for building a decentralized future. As Ethereum continues to evolve and address its challenges, its role in pioneering the next generation of blockchain technology remains pivotal. For developers, investors, and enthusiasts alike, Ethereum represents a key pillar of the digital economy, driving innovation and transformation across industries.

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As whale investors signal a downtrend for Chainlink, TRON and Raboo (RABT) continue to garner attention – Techpoint Africa

Amidst signals of a downtrend for Chainlink from crypto whale investors, TRON and Raboo (RABT) stand resilient, capturing continued attention in the crypto sphere. Raboo, with its entry-level token presale price of $0.003 and projected 100x surge in 2024, leads the charge, driving momentum in the $62 billion meme coin market. Let's explore the shifting dynamics and investment potential in this volatile landscape.

Chainlink (LINK) is a decentralized oracle network designed to bridge the gap between smart contracts and real-world data. One of its key benefits is its ability to provide tamper-proof, accurate, and reliable data inputs to smart contracts, enhancing their functionality and enabling a wide range of decentralized applications.

However, Chainlink faces challenges, including potential centralization risks due to its reliance on a network of node operators. This dependency on a select group of nodes could undermine the platform's decentralization goals and introduce vulnerabilities.

Additionally, Chainlink has experienced occasional price volatility, leading to concerns among investors about its stability and long-term viability. Despite these challenges, Chainlink remains a prominent player in the decentralized oracle space, continuously innovating to address its shortcomings and maintain its position as a vital infrastructure component in the blockchain ecosystem.

TRON (TRX) boasts robust security features, ensuring the safety and integrity of its blockchain network. One of its primary security measures is its Delegated Proof-of-Stake (DPoS) consensus mechanism, which relies on a select group of reputable and trustworthy validators to validate transactions and secure the network.

This system enhances network efficiency and resilience against malicious attacks by requiring validators to stake TRX tokens as collateral. Additionally, TRON employs advanced encryption techniques to safeguard user data and transactions, ensuring privacy and confidentiality.

Moreover, TRON's smart contract functionality undergoes rigorous auditing and testing to mitigate vulnerabilities and ensure code integrity. These comprehensive security measures collectively contribute to TRON's reputation as a secure and reliable blockchain platform for decentralized applications and digital asset transactions.

Raboo is swiftly becoming the fastest-growing crypto, capturing attention for its innovative features and potential for substantial returns. With an engagement-focused approach, Raboo offers exclusive rewards and perks, including an NFT launch exclusively for presale token holders, promising potential rewards and incentives.

Moreover, its integration of social-fi and artificial intelligence elements creates a dynamic platform for meme enthusiasts to engage in fun-filled activities and competitions, earning rewards along the way.

Analysts predict a remarkable 233% growth during the presale phase, with expectations of a staggering 100x increase on launch day, further fueling interest in Raboo. With its unique features, engaging community events, and immense growth potential, Raboo stands out as a compelling investment opportunity in the ever-evolving crypto landscape.

Amidst indications of a downtrend signaled by crypto whale investors for Chainlink, TRON, and Raboo (RABT), the latter continues to command attention. TRON's robust security features and Raboo's innovative integration of Social-Fi and artificial intelligence elements position them as attractive alternatives. As market dynamics evolve, these platforms persist in attracting interest, showcasing resilience amidst fluctuations in investor sentiment.

You can participate in the Client's presale here.

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Cloud Email Filtering Bypass Attack Works 80% of the Time – Dark Reading

Computer scientists have uncovered a shockingly prevalent misconfiguration in popular enterprise cloud-based email spam filtering services, along with an exploit for taking advantage of it. The findings reveal that organizations are far more open to email-borne cyber threats than they know.

In a paper that will be presented at the upcoming ACM Web 2024 conference in Singapore in May, the authoring academic research team noted that services in wide use from vendors such as Proofpoint, Barracuda, Mimecast, and others could be bypassed in at least 80% of major domains that they examined.

The filtering services can be "bypassed if the email hosting provider is not configured to only accept messages that arrive from the email filtering service," explains Sumanth Rao, a graduate doctoral student at University of California at San Diego and lead author of the paper, entitled "Unfiltered: Measuring Cloud-based Email Filtering Bypasses."

That might seem obvious, but setting the filters to work in tandem with the enterprise email system is tricky. The bypass attack can happen because of a mismatch between the filtering server and the email server, in terms of matching how Google and Microsoft email servers react to a message coming from an unknown IP address, such as one that would be used by spammers.

Google's servers reject such a message during its initial receipt, while Microsoft's servers reject it during the "Data" command, which is when a message is already delivered to a recipient. This affects how the filters should be set up.

The stakes are high, given that phishing emails remain the initial access mechanism of choice for cybercriminals.

"Mail administrators that don't properly configuretheir inbound mail to mitigate this weakness are akin to bar owners who deploy a bouncer to check IDs at the main entrance but allow patrons to enter through an unlocked, unmonitored side door as well," says Seth Blank, CTO of Valimail, an email security vendor.

After examining Sender Policy Framework (SPF)-specific configurations for 673 .edu domains and 928 .com domains that were using either Google or Microsoft email servers along with third-party spam filters, the researchers found that 88% of Google-based email systems were bypassed, while 78% of Microsoft systems were.

The risk is higher when using cloud vendors, since a bypass attack isn't as easy when both filtering and email delivery are housed on premises at known and trusted IP addresses, they noted.

The paper offers two major reasons for these high failure rates: First, the documentation to properly set up both the filtering and email servers is confusing and incomplete, and often ignored or not well understood or easily followed. Second, many corporate email managers err on the side of making sure that messages arrive to recipients, for fear of deleting valid ones if they institute too strict a filter profile. "This leads to permissive and insecure configurations," according to the paper.

Not mentioned by the authors, but an important factor, is the fact that configuring all three of the main email security protocols SPF, Domain-based Message Authentication Reporting and Conformance (DMARC), and DomainKeys Identified Mail (DKIM) are needed to be truly effective at stopping spam. But that isn't easy, even for experts. Add that to the challenge of making sure the two cloud services for filtering and email delivery communicate properly, and the coordination effort becomes extremely complex. To boot, the filter and email server products are often managed by two separate departments within larger corporations, introducing yet more potential for errors.

"Email, like many legacy Internet services, was designed around a simple use case that is now out of step with modern demands," the authors wrote.

The documentation provided by each filtering vendor does vary in quality, according to the researchers. The paper points out that the instructions on the filtering products from TrendMicro and Proofpoint are particularly error-prone and can easily produce vulnerable configurations. Even those vendors that have better documentation, such as Mimecast and Barracuda, still produce high rates of misconfiguration.

While most vendors did not respond to Dark Reading's request for comment, Olesia Klevchuk, a product marketing manager at Barracuda, says, "Proper setup and regular 'health checks' of security tools is important. We provide a health-check guide that customers can use to help them identify this and other misconfigurations."

She adds, "most, if not all, email-filtering vendors will offer support or professional services during deployment and after to help ensure that their solution works as it should. Organizations should periodically take advantage and/or invest in these services to avoid potential security risks."

Enterprise email administrators have several ways to strengthen their systems and prevent these bypass attacks from happening. One way, suggested by the paper's authors, is to specify the filtering server's IP address as the sole origin of all email traffic, and to ensure that it can't be spoofed by an attacker.

"Organizations need to configure their email server to only accept email from their filtering service," the authors wrote.

Microsoft's documentation lays out email defense options and recommends setting a series of parameters to enable this protection for exchange online deployment, for example. Another is to ensure that all SPF, DKIM, and DMARC protocols are correctly specified for all domains and subdomains used by an enterprise for email traffic. As mentioned, that could be a challenge, particularly for larger companies or places that have acquired numerous domains over time and have forgotten about their use.

Finally, another solution, says Valimail's Blank, "is for the filtering application to include Authenticated Receiver Chain (RFC 8617) email headers, and for the inner layer to consume and trust these headers."

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Cloud Email Filtering Bypass Attack Works 80% of the Time - Dark Reading

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Cloud Provider Vultr Has Bone To Pick After Reddit Post – CRN

'We do think this person knows better,' chief marketing officer Kevin Cochrane tells CRN. Were HIPAA compliant. If our terms of service meant we owned your data, we wouldnt be HIPAA compliant. Were GDPR compliant. If we owned your data, we wouldnt be GDPR compliant.

Private cloud provider Vultr is clearing the air after a widely viewed Reddit post claimed the company had changed its terms of services in a way that would give it ownership of all of the data stored or used on its network.

We do think this person knows better, Vultr Chief Marketing Officer Kevin Cochrane told CRN Thursday. Were HIPAA compliant. If our terms of service meant we owned your data, we wouldnt be HIPAA compliant. Were GDPR compliant. If we owned your data, we wouldnt be GDPR compliant.

Cochrane said that the terms of services cited in the Reddit post referred specifically to content posted to a public message board that has not been active in some time.

The content that you deploy on Vultr servers is wholly owned by you, said Cochrane (pictured above).

He said West Palm Beach, Fla.-based Vultr did update its terms of service. However, it was only to notify customers that the company will suspend accounts that have been dormant for two years.

Thats the reason everyone is having to click on this, Cochrane said.

Cochrane said the company believes the Reddit post was designed to spread misinformation after Vultr was among the first cloud providers to offer customers the ability to use Nvidias GH200 Grace Hopper Superchip with their workloads.

This is why the terms of service is such a concern for us. We specifically challenge the hyperscalers and other public clouds for using your private data for other purposes. business, he said. Our statement has always been Your private data is your private data.

The Reddit account that created the post has been active for five days. The post has 1,500 upvotes which gives the post added credibility inside Reddits platform. In it, the original poster claimed that Vultr changed its terms of service to state:

You hereby grant to Vultr a non-exclusive, perpetual, irrevocable, royalty-free, fully paid-up, worldwide license (including the right to sublicense through multiple tiers) to use, reproduce, process, adapt, publicly perform, publicly display, modify, prepare derivative works, publish, transmit and distribute each of your User Content, or any portion thereof, in any form, medium or distribution method now known or hereafter existing, known or developed, and otherwise use and commercialize the User Content in any way that Vultr deems appropriate, without any further consent, notice and/or compensation to you or to any third parties, for purposes of providing the Services to you.

Cochrane said this portion of Vultrs terms of service relates just to messages and content shared on a public discussion forum that Vultr hosts and is not related to the data and apps that customers use on Vultr systems.

The specific language in the post is, if you post content on one of our public mediums. IT was specific to when we had a forum. So if you are posting content on a forum, that forum is owned by us because we have to publicly publish it so other people can see the posts.

He compared the language to tech debt that is no longer needed, but carried forward, through newer iterations. To avoid confusion, he said Vultr is stripping the language from its terms moving forward.

CRN has reached out to the person who penned the Reddit post but had not heard back at press time.

Vultr, a privately held cloud computing platform, has 1.5 million customers across 185 countries. It offers cloud computing infrastructure and resources spanning from bare metal options to GPU compute available on demand.

Backed by parent company Constant, Vultr provides shared and dedicated CPU, block and object storage, Nvidia cloud GPUs, as well as networking and Kubernetes solutions. The companys mission is to make high-performance cloud computing easier to use, affordable and locally accessible.

Vultr is consistently expanding its data center footprint. In May 2023, Vultr Talon was launched to offer customers accelerating computing by enabling GPU sharing so multiple workloads can run on a single Nvidia GPU.

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Cloud Provider Vultr Has Bone To Pick After Reddit Post - CRN

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