Solv Protocol has launched the SolvBTC DeFi Vault, a tool that allows users to maximize their returns through automated strategies in the DeFi ecosystem.
The Vault offers features such as auto-compounding, which automatically reinvests the rewards generated for exponential asset growth.
The platform will facilitate access to new strategies as opportunities arise, allowing investors to continuously take advantage of the most profitable options.
Research Reveals that 60% of Tokens Launched this Year Were Malicious
Key points of the news:
In 2024, 59% of the crypto tokens launched were malicious, with “rug-pull scams” representing 27% of these frauds.
The rise of “memecoins,” with 10 reaching a market capitalization of over a billion dollars, has fueled the proliferation of scams.
Despite the increase in malicious cryptocurrencies, losses from frauds and hacks decreased significantly, from $5.6 billion in 2023 to $1.4 billion in 2024.
In 2024, the number of malicious crypto tokens launched on the marke
Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion...
Zug, Switzerland, December 19th, 2024, Chainwire
Acurast, a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return.
By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to
Mira Leads Decentralized AI Wave as Node Delegator Program Sells Out Instantly
Singapore, Singapore, December 19th, 2024, Chainwire
Mira Network, a pioneer in trustless AI systems, announced that its highly anticipated Node Delegator Program’s Drop 1 reached its full capacity of $250,000 in contributions within a few hours of launch, demonstrating market interest in decentralized AI infrastructure.
The program, which opened for whitelist participants on December 17, 24 at 8:00 AM PST and later expanded to public access at 11:00 AM PST, attracted thousands of participants
Story Launches Agent TCP/IP: The Foundational Layer for the AI Agent Economy
Camana Bay,, Cayman Islands, December 19th, 2024, Chainwire
Story publishes a whitepaper in collaboration with leading AI Agent Frameworks introducing a standard protocol for agent-to-agent transactions
Story, the world’s IP blockchain, has developed the Agent Transaction Control Protocol for Intellectual Property (Agent TCP/IP). Agent TCI/IP empowers AI agents to autonomously exchange and monetize their IP with other agents.
This framework was developed with contributions and feedback from l
Fuel Network Debuts $FUEL Token With Genesis Drop Claims Open
Fuel Network has taken a significant step in its development by officially launching its native token, $FUEL. This milestone marks a major achievement for the network and its community, offering users a more equitable and verifiable experience on the Internet, similar to Web 2.0, but without fees or centralized intermediaries.
Eligible participants for the Fuel Genesis Drop can now claim their $FUEL tokens through the platform set up by the company. Additionally, $FUEL will be available on cent
Hut 8 Bitcoin Reserve Reaches $1 Billion After $100M Purchase
TL;DR
Hut 8 acquired 990 BTC for $100 million, raising its strategic reserves to 10,096 BTC with a market value of $1 billion.
The company plans to use its Bitcoin reserve for financial strategies and expansion projects, including infrastructure development and a more efficient mining fleet.
With a historical cost of $24,485 per BTC, the firm combines low-cost mining with strategic purchases.
Hut 8, one of the leading Bitcoin miners in North America, announced the acquisition of 990 BTC for
Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot
London, UK, December 19th, 2024, Chainwire
Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions.
Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees while funds held in Web3 wallets c
Bety.com Introduces Blockchain-Powered Transparency and Fairness to Online Gaming
Victoria, Seychelles, December 19th, 2024, Chainwire
BETY.com is enhancing the online gaming and betting landscape by integrating blockchain technology and hash algorithms to create a transparent, secure, and open gaming experience. The platform addresses long-standing challenges in traditional casinos, such as fairness and credibility, by providing a decentralized and verifiable gaming ecosystem.
Bety.com’s Blockchain Technology Application
BETY.com’s core innovation lies in its blockchain-b
Crypto Market Insights: Binance Users Predict AI Tokens as Growth Leaders in 2025
TL;DR
Binance’s global user survey revealed that AI tokens are expected to lead the market’s growth in 2025, with 23.9% of participants predicting their dominance.
Nearly 45% of respondents joined the crypto space in 2024, with many actively trading and allocating a cautious portion of their wealth to crypto assets.
The survey also highlighted expectations for increased crypto regulations, greater participation from traditional financial institutions, and wider implementation of blockchain te
Michael Saylor’s Next Big Move: ‘Intelligent Leverage’ to Boost Bitcoin Holdings
TL;DR
Michael Saylor’s “intelligent leverage” strategy aims to enhance MicroStrategy’s Bitcoin holdings by optimizing the company’s capital structure and leveraging assets to acquire more Bitcoin.
MicroStrategy’s aggressive approach has significantly boosted its stock price by nearly 500% this year, outpacing Bitcoin’s 150% gains, and has positioned the company for inclusion in the Nasdaq 100 Index.
Despite debates about long-term sustainability and risks, Saylor remains confident, emphasizin
The crypto market experienced a significant downturn following the Federal Reserve’s recent hawkish stance on monetary policy, leading to substantial declines in Bitcoin and major altcoins.
Bitcoin fell below the crucial $100,000 mark, trading as low as $98,900 before recovering slightly, while major altcoins like Ethereum, Dogecoin, XRP, ADA, and Solana saw significant declines.
Despite the current turbulence, some market analysts remain optimistic about the future of cryptocurrencies,
MetaMask Begins Testing Crypto Payment Card in Limited US Pilot
TL;DR
MetaMask has launched a limited pilot program for its new crypto payment card in the US, allowing users to spend digital assets at physical stores and online.
The MetaMask Card functions like a crypto debit card, converting cryptocurrency into local fiat currencies at the time of payment, and is accepted anywhere Mastercard is.
MetaMask partnered with Crypto Life to issue the card, which is already available in the EU, UK, Brazil, Mexico, and Colombia, with plans for a broader rollout b
Ink Blockchain Launches Ahead of Schedule, Driving Ethereum Scaling with Optimism Superchain
TL;DR
Kraken’s Layer-2 blockchain solution, Ink, launched ahead of schedule, driven by strong community support and developer enthusiasm.
Ink integrates deeply with Optimism’s Superchain, expected to drive Ethereum scaling and bolster both platforms’ growth and ecosystem synergy.
Moving forward, Ink will progress toward Stage 1 decentralization with permissionless fault proofs in January 2025, enhancing accountability and attracting more developers and users to the platform.
Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup with Succinct’s SP1
Singapore, Singapore, December 19th, 2024, Chainwire
Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup
Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge pro
Marinade Finance Makes Strategic Investment in SuperSol
Dubai, United Arab Emirates, December 19th, 2024, Chainwire
Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities.
The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain
Deus Wallet Introduces Duress Mode: The Revolutionary Solution for Cryptocurrency Security
London, UK, December 19th, 2024, Chainwire
As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode.
This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situat