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🔗 Blockchain Developer | đŸ’± Exchange Solutions | 🚀 Marketing for Crypto | Crafting the Future of Decentralized Finance
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Top 25 Fastest Blockchains by Max Daily Average TPS: 1#Solana- 1,054 TPS 2#Sui- 854 TPS 3#BSC- 378 TPS 4#Polygon- 190 TPS 5#TON- 175 TPS 6#Tron- 160 TPS 7#Near- 118 TPS 8#Avalanche- 89 TPS 9#Cronos- 72 TPS 10#Gnosis- 66 TPS 11#Fantom- 59 TPS 12#Arbitrum- 59 TPS 13#Linea- 56 TPS 14#Aptos- 49 TPS 15#Base- 37 TPS 16#Mantle- 25 TPS 17#Ethereum- 23 TPS 18#Starknet- 12 TPS 19#Optimism- 12 TPS 20.#Bitcoin  - 11 TPS 21#Blast- 10 TPS 22#Merlin- 7 TPS 23#Mode- 7 TPS 24#zkLinkNova - 4 TPS 25#Thorchain- 2 TPS
Top 25 Fastest Blockchains by Max Daily Average TPS:

1#Solana- 1,054 TPS
2#Sui- 854 TPS
3#BSC- 378 TPS
4#Polygon- 190 TPS
5#TON- 175 TPS
6#Tron- 160 TPS
7#Near- 118 TPS
8#Avalanche- 89 TPS
9#Cronos- 72 TPS
10#Gnosis- 66 TPS
11#Fantom- 59 TPS
12#Arbitrum- 59 TPS
13#Linea- 56 TPS
14#Aptos- 49 TPS
15#Base- 37 TPS
16#Mantle- 25 TPS
17#Ethereum- 23 TPS
18#Starknet- 12 TPS
19#Optimism- 12 TPS
20.#Bitcoin  - 11 TPS
21#Blast- 10 TPS
22#Merlin- 7 TPS
23#Mode- 7 TPS
24#zkLinkNova - 4 TPS
25#Thorchain- 2 TPS
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World's Largest Asset Management Company BlackRock Invests in Planet ReFi: Pioneering a New Era of Decentralized Finance. #PLANET #Messi #BlackRock
World's Largest Asset Management Company BlackRock Invests in Planet ReFi: Pioneering a New Era of Decentralized Finance.

#PLANET #Messi #BlackRock
World's Largest Asset Management Company BlackRock Invests in Planet ReFiIn a seismic shift that reverberates across the realms of finance and technology, Planet ReFi ($PLANET), a pioneering force within the #ReFi movement, has secured a landmark partnership with none other than the world's largest asset management company, BlackRock. This monumental collaboration marks a significant milestone in the evolution of decentralized finance, as Planet ReFi propels forward with its mission to revolutionize the digital landscape. At the heart of this groundbreaking initiative lies Planet ReFi's visionary approach to integrating Real-World Assets (RWAs) into the Web3 ecosystem. By forging strategic alliances with some of the globe's most illustrious celebrities, Planet ReFi is not merely innovating; it's orchestrating a paradigm shift, targeting the expansive $16 trillion Green Tech Market.   The essence of Planet ReFi's endeavor transcends traditional notions of innovation; it epitomizes disruption on an unprecedented scale. By seamlessly weaving real-life experiences into the digital fabric, Planet ReFi is not only redefining financial transactions but also fostering a global movement towards social change and philanthropy.   Central to the success of Planet ReFi's venture is the deployment of the renowned Amazon flywheel revenue model. This proven strategy not only ensures the creation of a sustainable revenue stream but also serves as the cornerstone for a broader initiative aimed at catalyzing positive societal impact.   With BlackRock's strategic investment, Planet ReFi is poised to ascend to new heights within the decentralized finance arena. As the world's preeminent asset management company, BlackRock's backing serves as a resounding vote of confidence in Planet ReFi's vision and potential to reshape the future of finance.   In the wake of this historic partnership, the possibilities for Planet ReFi are limitless. With access to BlackRock's vast resources and expertise, Planet ReFi is primed to accelerate its mission of democratizing access to real-world assets and fostering a more inclusive and equitable financial ecosystem.   As the journey unfolds, Planet ReFi remains committed to its core values of transparency, inclusivity, and social responsibility. With BlackRock by its side, Planet ReFi is poised to lead the charge towards a future where decentralized finance becomes synonymous with empowerment, opportunity, and positive societal change.

World's Largest Asset Management Company BlackRock Invests in Planet ReFi

In a seismic shift that reverberates across the realms of finance and technology, Planet ReFi ($PLANET), a pioneering force within the #ReFi movement, has secured a landmark partnership with none other than the world's largest asset management company, BlackRock. This monumental collaboration marks a significant milestone in the evolution of decentralized finance, as Planet ReFi propels forward with its mission to revolutionize the digital landscape.

At the heart of this groundbreaking initiative lies Planet ReFi's visionary approach to integrating Real-World Assets (RWAs) into the Web3 ecosystem. By forging strategic alliances with some of the globe's most illustrious celebrities, Planet ReFi is not merely innovating; it's orchestrating a paradigm shift, targeting the expansive $16 trillion Green Tech Market.
 
The essence of Planet ReFi's endeavor transcends traditional notions of innovation; it epitomizes disruption on an unprecedented scale. By seamlessly weaving real-life experiences into the digital fabric, Planet ReFi is not only redefining financial transactions but also fostering a global movement towards social change and philanthropy.
 
Central to the success of Planet ReFi's venture is the deployment of the renowned Amazon flywheel revenue model. This proven strategy not only ensures the creation of a sustainable revenue stream but also serves as the cornerstone for a broader initiative aimed at catalyzing positive societal impact.
 
With BlackRock's strategic investment, Planet ReFi is poised to ascend to new heights within the decentralized finance arena. As the world's preeminent asset management company, BlackRock's backing serves as a resounding vote of confidence in Planet ReFi's vision and potential to reshape the future of finance.
 
In the wake of this historic partnership, the possibilities for Planet ReFi are limitless. With access to BlackRock's vast resources and expertise, Planet ReFi is primed to accelerate its mission of democratizing access to real-world assets and fostering a more inclusive and equitable financial ecosystem.
 
As the journey unfolds, Planet ReFi remains committed to its core values of transparency, inclusivity, and social responsibility. With BlackRock by its side, Planet ReFi is poised to lead the charge towards a future where decentralized finance becomes synonymous with empowerment, opportunity, and positive societal change.
Crypto Wave Tech: Spearheading the Future of Web3 Marketing from SingaporeSingapore has long been recognized as a vibrant hub for technological innovation and financial services. Adding to this prestigious reputation is Crypto Wave Tech, a trailblazing Web3 marketing firm that is reshaping the landscape of digital currency and blockchain promotion. Specializing in tier 1 exchange listings, fundraising, and creating marketing hype, Crypto Wave Tech has quickly established itself as a pillar of trust and legitimacy in the ever-evolving crypto space. At the helm of this pioneering enterprise is Liu Huang, the CEO and founder, whose visionary leadership has catapulted Crypto Wave Tech to the forefront of Web3 marketing. Under Huang's guidance, the company has not only achieved remarkable milestones but has also been instrumental in the marketing campaigns of significant cryptocurrencies, including Dogecoin. This feat alone speaks volumes about the company's expertise and its influential role in the digital currency ecosystem. Crypto Wave Tech's approach is holistic and comprehensive, offering clients a suite of services designed to elevate their projects to unprecedented heights. Their expertise in securing listings on tier 1 exchanges is unparalleled, providing their clients with the visibility and liquidity essential for success in the competitive crypto market. Furthermore, their strategic fundraising initiatives empower startups and established projects alike, fueling their growth and expanding their reach. The company's ability to create hype and draw attention to their clients' projects is another cornerstone of their success. Through innovative marketing strategies and a deep understanding of the Web3 landscape, Crypto Wave Tech generates buzz and engagement, translating into tangible results and heightened interest from investors and the public. As a testament to their legitimacy and the trust they've cultivated within the industry, Crypto Wave Tech openly invites potential clients and partners to explore their offerings. Interested parties are encouraged to visit their official website at www.cryptowavetech.com or to reach out directly via email at contact@cryptowavetech.com. For those who prefer direct communication, the company is also accessible through Telegram at @LiuHuangWeb3, where Liu Huang and his team are ready to discuss how they can contribute to the success of various crypto projects. In an industry where trust and expertise are paramount, Crypto Wave Tech stands out as a beacon of reliability and excellence. As the crypto world continues to grow and evolve, the contributions of companies like Crypto Wave Tech are invaluable. Their commitment to pushing the boundaries of what's possible in Web3 marketing ensures that the future of digital currencies and blockchain technology remains bright and promising. #CryptoWaveTech #LiuHuangWeb3 #Singapore #Crypto #BTC‬

Crypto Wave Tech: Spearheading the Future of Web3 Marketing from Singapore

Singapore has long been recognized as a vibrant hub for technological innovation and financial services. Adding to this prestigious reputation is Crypto Wave Tech, a trailblazing Web3 marketing firm that is reshaping the landscape of digital currency and blockchain promotion. Specializing in tier 1 exchange listings, fundraising, and creating marketing hype, Crypto Wave Tech has quickly established itself as a pillar of trust and legitimacy in the ever-evolving crypto space.

At the helm of this pioneering enterprise is Liu Huang, the CEO and founder, whose visionary leadership has catapulted Crypto Wave Tech to the forefront of Web3 marketing. Under Huang's guidance, the company has not only achieved remarkable milestones but has also been instrumental in the marketing campaigns of significant cryptocurrencies, including Dogecoin. This feat alone speaks volumes about the company's expertise and its influential role in the digital currency ecosystem.
Crypto Wave Tech's approach is holistic and comprehensive, offering clients a suite of services designed to elevate their projects to unprecedented heights. Their expertise in securing listings on tier 1 exchanges is unparalleled, providing their clients with the visibility and liquidity essential for success in the competitive crypto market. Furthermore, their strategic fundraising initiatives empower startups and established projects alike, fueling their growth and expanding their reach.
The company's ability to create hype and draw attention to their clients' projects is another cornerstone of their success. Through innovative marketing strategies and a deep understanding of the Web3 landscape, Crypto Wave Tech generates buzz and engagement, translating into tangible results and heightened interest from investors and the public.
As a testament to their legitimacy and the trust they've cultivated within the industry, Crypto Wave Tech openly invites potential clients and partners to explore their offerings. Interested parties are encouraged to visit their official website at www.cryptowavetech.com or to reach out directly via email at contact@cryptowavetech.com. For those who prefer direct communication, the company is also accessible through Telegram at @LiuHuangWeb3, where Liu Huang and his team are ready to discuss how they can contribute to the success of various crypto projects.
In an industry where trust and expertise are paramount, Crypto Wave Tech stands out as a beacon of reliability and excellence. As the crypto world continues to grow and evolve, the contributions of companies like Crypto Wave Tech are invaluable. Their commitment to pushing the boundaries of what's possible in Web3 marketing ensures that the future of digital currencies and blockchain technology remains bright and promising.
#CryptoWaveTech #LiuHuangWeb3 #Singapore #Crypto #BTC‬
DePIN: Cryptocurrency Dynex (DNX): What it is, history, uses and outlookWhat is Dynex (DNX)? Dynex (DNX) is a peer-2-peer, open-source cryptocurrency in the DePIN (Decentralized Physical Infrastructure) narrative. It is considered an altcoin and was launched in September 2022 with the goal of reinventing the cryptographic puzzle to make mining more meaningful by applying a Proof-of-Useful-Work (PoUW) mining algorithm. It is using the combined power of participating GPU miners to provide supercomputing capabilities for everyone. Notable features of Dynex — which uses the DynexSolve PoUW algorithm — are its quantum computing efficacy and limited supply. Tokenomics of Dynex Dynex’ supply is capped with a maximum supply of 110 million coins. At the day of writing this article, 82,632,695 DNX (75.13%) are in circulation. Given the published emission schedule, which is following a smooth emission curve, all coins will be mined within around four years. Dynex`s launch was 100% fair, with no ICO, no pre-mine or pre-allocation to investors. History of Dynex The team initially set out to create the Dynex-Chip, a neuromorphic chip, to address the limitations of Moore’s law. They conducted extensive research and explored various approaches in neuromorphic computing. Their first chip design, implemented using Raspberry Pis connected on breadboards, successfully solved problems with up to eight variables. Although the design was large and impractical, it achieved its intended purpose of in-memory processing, instantonic behavior, and exhibited long-range order similar to quantum machines. 2020–2021 The early years of Dynex were destined to research & prototyping, where the developers reviewed hundreds of research papers in the are of alternative computing paradigms to narrow down the most feasible approaches and started experimenting. Their first chip design solved problems with up to eight variables and was implemented on breadboards with a number of Raspberry Pis connected. With the theories proved in practice, Dynex, a decentralised platform with a blockchain and coin was created, aiming to construct the world’s largest neuromorphic supercomputing platform. 2022 The Dynex main-net was launched in September 2022, alongside mobile, desktop and command line interface (CLI) wallets. Dynex was listed on first exchanges such as Txbit, Xeggex and Tradeogre and attracted the first mining pools to support their PoUW mining algorithm DynexSolve. 2023 A comprehensive testing period of the computing platform followed the launch of Dynex’ Proof-of-Useful-Work algorithm, eventually leading to the public launch of the Dynex Marketplace in December 2023, opening computing on the Dynex platform to everyone. Since then, customers have been confirming Dynex’ superior computing performance: “Dynex is 867% faster than our local computing”, sayd Weixin Lin from China Unicom, the worlds sixth largest mobile provider in the world. Samer Rahme, CTO of Cali Global, found: “It took Dynex 1 minute to compute an architectural problem, which usually takes days”. The efficacy of Dynex has also been independently evaluated by measuring the Q-Score of Dynex’ computing cloud, which outperforms existing quantum computers by orders of magnitude. With gaining more attraction, Dynex was listed on a number of larger exchanges like Lbank, Bitmart and MEXC. 2024 and beyond Dynex is gaining more and more recognition in the academic space, with multiple research papers being published (Advancements in Unsupervised Learning: Mode-Assisted Quantum Restricted Boltzmann Machines Leveraging Neuromorphic Computing on the Dynex Platform, HUBO & QUBO and Prime Factorization, or Framework for Solving Harrow-Hassidim-Lloyd Problems with Neuromorphic Computing using the Dynex Cloud Computing Platform) as well as the official launch of the Dynex reference book on Amazon (Neuromorphic Computing for Computer Scientists: A complete guide to Neuromorphic Computing on the Dynex Neuromorphic Cloud Computing Platform). Bolstered by academic recognition, Dynex was covered in Interviews performed at the Nasdaq MarketSite Studio and aired on television by Fox News or Bloomberg amongst a variety of notable online media channels. In addition, the launch of Dynex Moonshots Foundation was announced, which is an entity to invest in projects using Dynex technology to solve societal challenges in the areas of health, nature, space and society. Given the technological and economic benefits of the Dynex Computing Platform, it is expected that Dynex will become one of the leading DePIN providers in the near future, and is also providing the tools to solve societal challenges. Where Is Dynex Traded? Dynex (DNX) can be purchased by establishing an account with one of many cryptocurrency exchanges including Gate.io, MEXC, Bitmart and LBank. What Is Dynex Used for? Dynex (DNX) is a utility coin and the cryptocurrency used to pay for computations performed on the Dynex Cloud Platform, which is capable of performing quantum computing based algorithms without their limitations, significantly accelerating machine learning training, optimising feature selection and improving model accuracy. It also addresses optimization challenges faced by Fin-Tech, Pharmaceutical, Genomics, Smart Cities and Global-2000 companies. Dynex` compatibility with Google TensorFlow, PyTorch, Scikit-Learn, IBM Qiskit and others allow applications in artificial intelligence to set new benchmarks. Quantum computing algorithms for machine learning harness the power of quantum mechanics to enhance various aspects of machine learning tasks. As both, quantum computing and neuromorphic computing are sharing similar features, these algorithms can also be computed efficiently on the Dynex platform — but without the limitations of limited qubits, error correction or availability. These quantum based AI/ML algorithms are providing faster model training and greater accuracy of machine learning models. Training processes, which usually takes thousands of training operations can be computed in a few batches. In Advancements in Unsupervised Learning: Mode-Assisted Quantum Restricted Boltzmann Machines Leveraging Neuromorphic Computing on the Dynex Platform, the authors are reporting significant improvements over traditional training methods. Dynex use-case “AI based security auditing”: The seamless integration of the AI Security auditing tool with the Neuromorphic Network marks a pivotal advancement in the realm of Neuromorphic Computing. This integration empowers the auditing tool with the capability of transfer learning enabling the AI construct to share insights gained since its last transfer learning session with the Neuromorphic Network. This process facilitates the adaptation and integration of the AI’s ”short-term memory” into the network’s ”long-term memory.” The AI’s inherent ability to learn and adapt dynamically finds new dimensions when coupled with the Neuromorphic Network. This symbiotic relationship provides the AI with access to a substantial computational power reservoir enabling it to learn in a manner reminiscent of human cognition in the real world. The synergy between the AI Model and the Neuromorphic Network is a key enabler for the application. This allows the system to continually refine its understanding of the auditing requirements. This remarkable development in Neuromorphic Computing introduces the concept of parallel auditing wherein the system can concurrently assess multiple aspects akin to the multitasking capabilities of the human brain. This not only enhances the efficiency of the auditing process but also mirrors the complex and parallel nature of human thought processes. In the healthcare domain, Dynex is making strides by enhancing drug discovery. For example, RNA folding of viruses or prediction of enzymes are amongst the applications on the Dynex platform, with results outperforming every traditional computation method today. Simulation of clinical-trials are reducing time-to-market of new medications. Dynex use-case “Quantum RNA Folding”: In biology and chemistry, the properties of a molecule are not solely determined by a set of atoms but also by the shape of the molecule. In genetics, the shape of an RNA molecule is largely determined by how it bends back on itself. The sequence of A’s, U’s, G’s, and C’s that make up RNA has certain pairs that are drawn together to form hydrogen bonds. A sequence of several bonds in a row is called a stem, and a stem provides sufficient force to keep the molecule folded together. RNA molecules naturally form some stems while avoiding others in a manner that minimises the free energy of the system. This use-case takes an RNA sequence and applies a quadratic model in pursuit of the optimal stem configuration. Predicting the existence of stems is important to predicting the properties of the RNA molecule. The impact of Dynex in the realm of scientific research is equally profound; by providing a platform to perform quantum algorithms, it facilitates exploration of yet undiscovered areas of research. One example is research of post-quantum cryptographic schemes: In HUBO & QUBO and Prime Factorization, the authors demonstrate the effectiveness of prime factorisation, a foundational mathematical concept at the core of many cryptographic schemes. It is evident that new cryptographic methods, which are resistant against potential quantum or neuromorphic attacks, will be required in the near future. Dynex use-case “Quantum Prime factorisation”: Prime factorisation is a mathematical process that involves breaking down a composite number into its prime number factors. A prime number is a natural number greater than 1 that is not a product of two smaller natural numbers. The prime factorisation of a composite number is unique, meaning that it is expressed as a product of prime numbers in a specific way. Prime factorisation has several important use cases across various mathematical and computational domains. One of its primary applications is in cryptography, where large prime numbers are crucial for the security of certain encryption algorithms. The difficulty of factoring large composite numbers into their prime factors forms the basis of some encryption methods, such as RSA (Rivest-Shamir-Adleman), which relies on the challenge of factoring the product of two large prime numbers. In light of these developments, there is an increasing necessity for quantum-resistant algorithms that can withstand attacks from quantum computers. In the architectural industry, Dynex is redefining traditional practices. Its blockchain technology brings unprecedented precision and efficiency to design processes and project management, heralding a new era in construction and design. Perhaps one of the most significant contributions of Dynex is in the development of smart cities. By incorporating its blockchain solutions, Dynex is enabling cities to become more efficient, responsive, and sustainable, enhancing urban living experiences through improved governance and public service management. Dynex use-case “Smart Cities”: Determining optimal locations to build new electric vehicle charging stations is a complex optimization problem. Many factors should be taken into consideration, like existing charger locations, points of interest (POIs), quantity to build, etc. In this example, we take a look at how we might formulate this optimization problem and solve it using the Dynex Neuromorphic Platform. For Global 2000 companies, Dynex acts as a catalyst for digital transformation, helping them optimise operations and stay ahead in a rapidly evolving digital world. Computations can be performed at a fraction of traditional costs, and can be seamlessly integrated in existing computational workflows. As an example, Dynex’ research of Quantum-Computational-Fluid-Dynamics (QCFD), offers customers the possibility to entirely outsource wind-tunnel simulations and save millions of potential investments in infrastructure: In Framework for Solving Harrow-Hassidim-Lloyd Problems with Neuromorphic Computing using the Dynex Cloud Computing Platform, the authors are demonstrating the superior computing quality of wind tunnel simulations in practice. Dynex: Virtual Wind Tunnel Dynex use-case “Virtual Wind Tunnel”: Computational Fluid Dynamics (CFD) is a branch of fluid mechanics that employs numerical methods and algorithms to simulate and analyse the behaviour of fluid flows. It plays a crucial role in understanding complex fluid dynamics phenomena by solving mathematical equations governing fluid motion. CFD encompasses a wide range of applications, from aerodynamics and heat transfer to chemical reactions in fluid environments. CFD is also applied in environmental studies to analyse air and water pollution dispersion, as well as in the pharmaceutical and biomedical fields to study blood flow, drug delivery, and physiological fluid dynamics. Quantum-CFD (QCFD), utilises quantum effects to accelerate and improve the CFD calculations and can be used on the Dynex platform. The Bottom Line Dynex operates a supercomputing cloud platform enabling everyone to perform computing with quantum level efficiency, but without its limitations. Customer traction, academic recognition and tokenomics are supporting the potential for Dynex to become one of the leading cryptocurrencies and also creating a positive impact on our society by solving societal challenges. Further reading: Dynex Market PlaceDynex WebsiteIntroduction VideoBook: A complete guide to Neuromorphic Computing (Amazon) #Dynex #DePIN #quantumcomputing #NeuromorphicComputing

DePIN: Cryptocurrency Dynex (DNX): What it is, history, uses and outlook

What is Dynex (DNX)?
Dynex (DNX) is a peer-2-peer, open-source cryptocurrency in the DePIN (Decentralized Physical Infrastructure) narrative. It is considered an altcoin and was launched in September 2022 with the goal of reinventing the cryptographic puzzle to make mining more meaningful by applying a Proof-of-Useful-Work (PoUW) mining algorithm. It is using the combined power of participating GPU miners to provide supercomputing capabilities for everyone. Notable features of Dynex — which uses the DynexSolve PoUW algorithm — are its quantum computing efficacy and limited supply.

Tokenomics of Dynex
Dynex’ supply is capped with a maximum supply of 110 million coins. At the day of writing this article, 82,632,695 DNX (75.13%) are in circulation. Given the published emission schedule, which is following a smooth emission curve, all coins will be mined within around four years. Dynex`s launch was 100% fair, with no ICO, no pre-mine or pre-allocation to investors.
History of Dynex
The team initially set out to create the Dynex-Chip, a neuromorphic chip, to address the limitations of Moore’s law. They conducted extensive research and explored various approaches in neuromorphic computing. Their first chip design, implemented using Raspberry Pis connected on breadboards, successfully solved problems with up to eight variables. Although the design was large and impractical, it achieved its intended purpose of in-memory processing, instantonic behavior, and exhibited long-range order similar to quantum machines.
2020–2021
The early years of Dynex were destined to research & prototyping, where the developers reviewed hundreds of research papers in the are of alternative computing paradigms to narrow down the most feasible approaches and started experimenting. Their first chip design solved problems with up to eight variables and was implemented on breadboards with a number of Raspberry Pis connected. With the theories proved in practice, Dynex, a decentralised platform with a blockchain and coin was created, aiming to construct the world’s largest neuromorphic supercomputing platform.
2022
The Dynex main-net was launched in September 2022, alongside mobile, desktop and command line interface (CLI) wallets. Dynex was listed on first exchanges such as Txbit, Xeggex and Tradeogre and attracted the first mining pools to support their PoUW mining algorithm DynexSolve.
2023
A comprehensive testing period of the computing platform followed the launch of Dynex’ Proof-of-Useful-Work algorithm, eventually leading to the public launch of the Dynex Marketplace in December 2023, opening computing on the Dynex platform to everyone. Since then, customers have been confirming Dynex’ superior computing performance: “Dynex is 867% faster than our local computing”, sayd Weixin Lin from China Unicom, the worlds sixth largest mobile provider in the world. Samer Rahme, CTO of Cali Global, found: “It took Dynex 1 minute to compute an architectural problem, which usually takes days”. The efficacy of Dynex has also been independently evaluated by measuring the Q-Score of Dynex’ computing cloud, which outperforms existing quantum computers by orders of magnitude. With gaining more attraction, Dynex was listed on a number of larger exchanges like Lbank, Bitmart and MEXC.
2024 and beyond
Dynex is gaining more and more recognition in the academic space, with multiple research papers being published (Advancements in Unsupervised Learning: Mode-Assisted Quantum Restricted Boltzmann Machines Leveraging Neuromorphic Computing on the Dynex Platform, HUBO & QUBO and Prime Factorization, or Framework for Solving Harrow-Hassidim-Lloyd Problems with Neuromorphic Computing using the Dynex Cloud Computing Platform) as well as the official launch of the Dynex reference book on Amazon (Neuromorphic Computing for Computer Scientists: A complete guide to Neuromorphic Computing on the Dynex Neuromorphic Cloud Computing Platform).
Bolstered by academic recognition, Dynex was covered in Interviews performed at the Nasdaq MarketSite Studio and aired on television by Fox News or Bloomberg amongst a variety of notable online media channels. In addition, the launch of Dynex Moonshots Foundation was announced, which is an entity to invest in projects using Dynex technology to solve societal challenges in the areas of health, nature, space and society.
Given the technological and economic benefits of the Dynex Computing Platform, it is expected that Dynex will become one of the leading DePIN providers in the near future, and is also providing the tools to solve societal challenges.
Where Is Dynex Traded?
Dynex (DNX) can be purchased by establishing an account with one of many cryptocurrency exchanges including Gate.io, MEXC, Bitmart and LBank.
What Is Dynex Used for?
Dynex (DNX) is a utility coin and the cryptocurrency used to pay for computations performed on the Dynex Cloud Platform, which is capable of performing quantum computing based algorithms without their limitations, significantly accelerating machine learning training, optimising feature selection and improving model accuracy. It also addresses optimization challenges faced by Fin-Tech, Pharmaceutical, Genomics, Smart Cities and Global-2000 companies.
Dynex` compatibility with Google TensorFlow, PyTorch, Scikit-Learn, IBM Qiskit and others allow applications in artificial intelligence to set new benchmarks. Quantum computing algorithms for machine learning harness the power of quantum mechanics to enhance various aspects of machine learning tasks. As both, quantum computing and neuromorphic computing are sharing similar features, these algorithms can also be computed efficiently on the Dynex platform — but without the limitations of limited qubits, error correction or availability. These quantum based AI/ML algorithms are providing faster model training and greater accuracy of machine learning models. Training processes, which usually takes thousands of training operations can be computed in a few batches. In Advancements in Unsupervised Learning: Mode-Assisted Quantum Restricted Boltzmann Machines Leveraging Neuromorphic Computing on the Dynex Platform, the authors are reporting significant improvements over traditional training methods.

Dynex use-case “AI based security auditing”: The seamless integration of the AI Security auditing tool with the Neuromorphic Network marks a pivotal advancement in the realm of Neuromorphic Computing. This integration empowers the auditing tool with the capability of transfer learning enabling the AI construct to share insights gained since its last transfer learning session with the Neuromorphic Network. This process facilitates the adaptation and integration of the AI’s ”short-term memory” into the network’s ”long-term memory.” The AI’s inherent ability to learn and adapt dynamically finds new dimensions when coupled with the Neuromorphic Network. This symbiotic relationship provides the AI with access to a substantial computational power reservoir enabling it to learn in a manner reminiscent of human cognition in the real world. The synergy between the AI Model and the Neuromorphic Network is a key enabler for the application. This allows the system to continually refine its understanding of the auditing requirements. This remarkable development in Neuromorphic Computing introduces the concept of parallel auditing wherein the system can concurrently assess multiple aspects akin to the multitasking capabilities of the human brain. This not only enhances the efficiency of the auditing process but also mirrors the complex and parallel nature of human thought processes.
In the healthcare domain, Dynex is making strides by enhancing drug discovery. For example, RNA folding of viruses or prediction of enzymes are amongst the applications on the Dynex platform, with results outperforming every traditional computation method today. Simulation of clinical-trials are reducing time-to-market of new medications.

Dynex use-case “Quantum RNA Folding”: In biology and chemistry, the properties of a molecule are not solely determined by a set of atoms but also by the shape of the molecule. In genetics, the shape of an RNA molecule is largely determined by how it bends back on itself. The sequence of A’s, U’s, G’s, and C’s that make up RNA has certain pairs that are drawn together to form hydrogen bonds. A sequence of several bonds in a row is called a stem, and a stem provides sufficient force to keep the molecule folded together. RNA molecules naturally form some stems while avoiding others in a manner that minimises the free energy of the system. This use-case takes an RNA sequence and applies a quadratic model in pursuit of the optimal stem configuration. Predicting the existence of stems is important to predicting the properties of the RNA molecule.
The impact of Dynex in the realm of scientific research is equally profound; by providing a platform to perform quantum algorithms, it facilitates exploration of yet undiscovered areas of research. One example is research of post-quantum cryptographic schemes: In HUBO & QUBO and Prime Factorization, the authors demonstrate the effectiveness of prime factorisation, a foundational mathematical concept at the core of many cryptographic schemes. It is evident that new cryptographic methods, which are resistant against potential quantum or neuromorphic attacks, will be required in the near future.

Dynex use-case “Quantum Prime factorisation”: Prime factorisation is a mathematical process that involves breaking down a composite number into its prime number factors. A prime number is a natural number greater than 1 that is not a product of two smaller natural numbers. The prime factorisation of a composite number is unique, meaning that it is expressed as a product of prime numbers in a specific way. Prime factorisation has several important use cases across various mathematical and computational domains. One of its primary applications is in cryptography, where large prime numbers are crucial for the security of certain encryption algorithms. The difficulty of factoring large composite numbers into their prime factors forms the basis of some encryption methods, such as RSA (Rivest-Shamir-Adleman), which relies on the challenge of factoring the product of two large prime numbers. In light of these developments, there is an increasing necessity for quantum-resistant algorithms that can withstand attacks from quantum computers.
In the architectural industry, Dynex is redefining traditional practices. Its blockchain technology brings unprecedented precision and efficiency to design processes and project management, heralding a new era in construction and design. Perhaps one of the most significant contributions of Dynex is in the development of smart cities. By incorporating its blockchain solutions, Dynex is enabling cities to become more efficient, responsive, and sustainable, enhancing urban living experiences through improved governance and public service management.

Dynex use-case “Smart Cities”: Determining optimal locations to build new electric vehicle charging stations is a complex optimization problem. Many factors should be taken into consideration, like existing charger locations, points of interest (POIs), quantity to build, etc. In this example, we take a look at how we might formulate this optimization problem and solve it using the Dynex Neuromorphic Platform.
For Global 2000 companies, Dynex acts as a catalyst for digital transformation, helping them optimise operations and stay ahead in a rapidly evolving digital world. Computations can be performed at a fraction of traditional costs, and can be seamlessly integrated in existing computational workflows. As an example, Dynex’ research of Quantum-Computational-Fluid-Dynamics (QCFD), offers customers the possibility to entirely outsource wind-tunnel simulations and save millions of potential investments in infrastructure: In Framework for Solving Harrow-Hassidim-Lloyd Problems with Neuromorphic Computing using the Dynex Cloud Computing Platform, the authors are demonstrating the superior computing quality of wind tunnel simulations in practice.

Dynex: Virtual Wind Tunnel
Dynex use-case “Virtual Wind Tunnel”: Computational Fluid Dynamics (CFD) is a branch of fluid mechanics that employs numerical methods and algorithms to simulate and analyse the behaviour of fluid flows. It plays a crucial role in understanding complex fluid dynamics phenomena by solving mathematical equations governing fluid motion. CFD encompasses a wide range of applications, from aerodynamics and heat transfer to chemical reactions in fluid environments. CFD is also applied in environmental studies to analyse air and water pollution dispersion, as well as in the pharmaceutical and biomedical fields to study blood flow, drug delivery, and physiological fluid dynamics. Quantum-CFD (QCFD), utilises quantum effects to accelerate and improve the CFD calculations and can be used on the Dynex platform.
The Bottom Line
Dynex operates a supercomputing cloud platform enabling everyone to perform computing with quantum level efficiency, but without its limitations. Customer traction, academic recognition and tokenomics are supporting the potential for Dynex to become one of the leading cryptocurrencies and also creating a positive impact on our society by solving societal challenges.
Further reading:
Dynex Market PlaceDynex WebsiteIntroduction VideoBook: A complete guide to Neuromorphic Computing (Amazon)
#Dynex #DePIN #quantumcomputing #NeuromorphicComputing
Dynex: Pioneering the Future with Neuromorphic Computing on BlockchainIn the fast-evolving world of technology, Dynex emerges as a transformative force, revolutionizing the field of neuromorphic computing through its advanced blockchain-based platform. This innovative approach positions Dynex as a leader in computational efficiency, challenging traditional paradigms and setting a new benchmark that even surpasses quantum computing capabilities. The Era of Neuromorphic Supercomputing Dynex introduces a decentralized neuromorphic supercomputing network, fundamentally changing the way computational tasks are approached. By harnessing the collective power of Proof-of-Useful-Work (PoUW) miners, Dynex achieves unprecedented computational speeds. This network transforms conventional computers into highly efficient neuromorphic chips, opening new frontiers in scientific and technological exploration.   The Innovation of PoUW: DynexSolve The Dynex platform is anchored by its proprietary PoUW algorithm, DynexSolve. This groundbreaking mechanism enables each miner to conduct computations using Dynex Chips, optimizing network efficiency and ensuring the practicality of every computational task. This approach not only harnesses maximum computational power but also promises significant rewards for miners, bolstering the network's robustness and long-term viability.   Wallet Options: Ensuring Accessibility and Security To accommodate a diverse user base, Dynex offers several wallet options:   Dynex GUI Wallet Dynex CLI Wallet (command) Dynex JS Wallet (coming soon) Dynex Wallet Daemon Mobile Web Wallet (beta) The mobile web wallet stands out for its convenience, facilitating quick and easy transactions. However, for heightened security, Dynex recommends using the local wallets (CLI and GUI), which are available on Windows, Linux, and MacOS.   Global Recognition and Market Accessibility Dynex has achieved significant milestones in its global outreach. The platform is listed on esteemed exchanges such as Gate.io, LBank, Mexc, and others, with plans for listing on top-tier exchanges in the near future. These listings not only attest to Dynex's growing credibility but also significantly enhance its accessibility in the global cryptocurrency market.   Commitment to Sustainability and Environmental Responsibility Dynex distinguishes itself as an environmentally conscious and sustainable cryptocurrency. By optimizing energy use in the mining process and leveraging neuromorphic computing, Dynex aligns with global efforts towards environmental conservation.   Network Expansion and Computational Efficiency With approximately 245 million active chips, Dynex's network is not only vast but also marked by superior computational efficiency. This efficiency makes Dynex an appealing choice for businesses and organizations seeking effective computing solutions.   Upholding Privacy and Security Dynex places a high premium on privacy and security. The implementation of a one-time-ring-signature scheme assures the confidentiality of transactions. Complemented by regular security audits and partnerships with reputable cybersecurity firms, Dynex ensures a secure and trustworthy environment for its users.   Forward-Looking Community Engagement and Innovation Dynex's future strategy involves nurturing its community through interactive AMA sessions, rewards, and active social media participation. The focus on user experience, security, and transparency underpins Dynex's ambition for sustained success in the dynamic cryptocurrency market.   In summary, Dynex represents a significant leap forward in computational technology. Its integration of neuromorphic computing with blockchain technology, coupled with a commitment to sustainability and user-centric features, positions Dynex as a trailblazer in both technological and blockchain domains. As Dynex continues to grow and evolve, it stands as a testament to innovation, efficiency, and the power of a unified community in driving technological advancement. Risk Warning: Digital Asset trading is subject to high market risk and price volatility. Changes in value may be significant and may occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and any returns can go down as well as up, and you may not get back the amount you had invested.

Dynex: Pioneering the Future with Neuromorphic Computing on Blockchain

In the fast-evolving world of technology, Dynex emerges as a transformative force, revolutionizing the field of neuromorphic computing through its advanced blockchain-based platform. This innovative approach positions Dynex as a leader in computational efficiency, challenging traditional paradigms and setting a new benchmark that even surpasses quantum computing capabilities.

The Era of Neuromorphic Supercomputing
Dynex introduces a decentralized neuromorphic supercomputing network, fundamentally changing the way computational tasks are approached. By harnessing the collective power of Proof-of-Useful-Work (PoUW) miners, Dynex achieves unprecedented computational speeds. This network transforms conventional computers into highly efficient neuromorphic chips, opening new frontiers in scientific and technological exploration.
 
The Innovation of PoUW: DynexSolve
The Dynex platform is anchored by its proprietary PoUW algorithm, DynexSolve. This groundbreaking mechanism enables each miner to conduct computations using Dynex Chips, optimizing network efficiency and ensuring the practicality of every computational task. This approach not only harnesses maximum computational power but also promises significant rewards for miners, bolstering the network's robustness and long-term viability.
 
Wallet Options: Ensuring Accessibility and Security
To accommodate a diverse user base, Dynex offers several wallet options:
 
Dynex GUI Wallet
Dynex CLI Wallet (command)
Dynex JS Wallet (coming soon)
Dynex Wallet Daemon
Mobile Web Wallet (beta)
The mobile web wallet stands out for its convenience, facilitating quick and easy transactions. However, for heightened security, Dynex recommends using the local wallets (CLI and GUI), which are available on Windows, Linux, and MacOS.
 
Global Recognition and Market Accessibility
Dynex has achieved significant milestones in its global outreach. The platform is listed on esteemed exchanges such as Gate.io, LBank, Mexc, and others, with plans for listing on top-tier exchanges in the near future. These listings not only attest to Dynex's growing credibility but also significantly enhance its accessibility in the global cryptocurrency market.
 
Commitment to Sustainability and Environmental Responsibility
Dynex distinguishes itself as an environmentally conscious and sustainable cryptocurrency. By optimizing energy use in the mining process and leveraging neuromorphic computing, Dynex aligns with global efforts towards environmental conservation.
 
Network Expansion and Computational Efficiency
With approximately 245 million active chips, Dynex's network is not only vast but also marked by superior computational efficiency. This efficiency makes Dynex an appealing choice for businesses and organizations seeking effective computing solutions.
 
Upholding Privacy and Security
Dynex places a high premium on privacy and security. The implementation of a one-time-ring-signature scheme assures the confidentiality of transactions. Complemented by regular security audits and partnerships with reputable cybersecurity firms, Dynex ensures a secure and trustworthy environment for its users.
 
Forward-Looking Community Engagement and Innovation
Dynex's future strategy involves nurturing its community through interactive AMA sessions, rewards, and active social media participation. The focus on user experience, security, and transparency underpins Dynex's ambition for sustained success in the dynamic cryptocurrency market.
 
In summary, Dynex represents a significant leap forward in computational technology. Its integration of neuromorphic computing with blockchain technology, coupled with a commitment to sustainability and user-centric features, positions Dynex as a trailblazer in both technological and blockchain domains. As Dynex continues to grow and evolve, it stands as a testament to innovation, efficiency, and the power of a unified community in driving technological advancement.

Risk Warning: Digital Asset trading is subject to high market risk and price volatility. Changes in value may be significant and may occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and any returns can go down as well as up, and you may not get back the amount you had invested.
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#Scam #scamalert #CryptoNewsđŸ”’đŸ“°đŸš« Fake Ledger Live App resulted in $768K+ stolen from Victims. As of now Microsoft_App Store has removed it. #crypto2023
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#crypto2023
Exploring the Top Cryptocurrencies for Long-Term Investment: Bitcoin, Ethereum, BNB, and Tethereum Introduction: The world of digital currencies continues to allure investors with a vast array of opportunities for long-term investments. Among the expansive selection, four cryptocurrencies emerge as standout options: Bitcoin, Ethereum, Binance Coin (BNB), and the aspiring newcomer - Tethereum. Bitcoin - The Trailblazer: Recognized as the forerunner in the cryptocurrency realm, Bitcoin has solidified its reputation as a steadfast, long-term investment. Renowned for its inherent value, it's commonly considered a store of value and a cornerstone in any diversified investment portfolio. Ethereum - The Innovation Powerhouse: Ethereum, celebrated for its capacity for smart contracts and decentralized applications, occupies a significant position in long-term investment choices due to its pivotal role in the blockchain ecosystem. The continuous evolution of the Ethereum network, including the imminent transition to Ethereum 2.0, sustains its appeal among investors. BNB - The Versatile Utility Token: The Binance Coin, closely associated with the world's leading cryptocurrency exchange, Binance, has displayed consistent growth owing to its diverse utility features within the Binance ecosystem. The coin's adaptability and strong association with a major exchange contribute to its attractiveness as a long-term investment asset. Tethereum - The Emerging Star: While relatively fresh in the cryptocurrency space, Tethereum has garnered considerable attention for its potential within the crypto landscape. As a nascent platform, Tethereum distinguishes itself by emphasizing a fusion of innovation, robust security features, and boundless possibilities, positioning it as an appealing prospect for investors seeking long-term potential. In the dynamic and evolving cryptocurrency market, the strategic selection of long-term investments assumes pivotal importance. Bitcoin, Ethereum, BNB, and the burgeoning star Tethereum collectively offer investors a spectrum of distinctive opportunities to explore within the expansive crypto sphere. Risk Warning: It's essential to highlight that the cryptocurrency market is volatile and susceptible to rapid changes. Potential investors are strongly advised to conduct thorough due diligence, seek professional financial counsel, and practice cautious decision-making before venturing into any investments in the cryptocurrency space.

Exploring the Top Cryptocurrencies for Long-Term Investment: Bitcoin, Ethereum, BNB, and Tethereum

Introduction:
The world of digital currencies continues to allure investors with a vast array of opportunities for long-term investments. Among the expansive selection, four cryptocurrencies emerge as standout options: Bitcoin, Ethereum, Binance Coin (BNB), and the aspiring newcomer - Tethereum.

Bitcoin - The Trailblazer:
Recognized as the forerunner in the cryptocurrency realm, Bitcoin has solidified its reputation as a steadfast, long-term investment. Renowned for its inherent value, it's commonly considered a store of value and a cornerstone in any diversified investment portfolio.
Ethereum - The Innovation Powerhouse:
Ethereum, celebrated for its capacity for smart contracts and decentralized applications, occupies a significant position in long-term investment choices due to its pivotal role in the blockchain ecosystem. The continuous evolution of the Ethereum network, including the imminent transition to Ethereum 2.0, sustains its appeal among investors.
BNB - The Versatile Utility Token:
The Binance Coin, closely associated with the world's leading cryptocurrency exchange, Binance, has displayed consistent growth owing to its diverse utility features within the Binance ecosystem. The coin's adaptability and strong association with a major exchange contribute to its attractiveness as a long-term investment asset.
Tethereum - The Emerging Star:
While relatively fresh in the cryptocurrency space, Tethereum has garnered considerable attention for its potential within the crypto landscape. As a nascent platform, Tethereum distinguishes itself by emphasizing a fusion of innovation, robust security features, and boundless possibilities, positioning it as an appealing prospect for investors seeking long-term potential.

In the dynamic and evolving cryptocurrency market, the strategic selection of long-term investments assumes pivotal importance. Bitcoin, Ethereum, BNB, and the burgeoning star Tethereum collectively offer investors a spectrum of distinctive opportunities to explore within the expansive crypto sphere.

Risk Warning: It's essential to highlight that the cryptocurrency market is volatile and susceptible to rapid changes. Potential investors are strongly advised to conduct thorough due diligence, seek professional financial counsel, and practice cautious decision-making before venturing into any investments in the cryptocurrency space.
BREAKING: Floki says Bitget listed a “fake version of $TOKEN”Bitget announced the delisting of TokenFi (TOKEN) citing potential price manipulation and liquidity issues.Floki has responded by saying the exchange listed the tokens against requests not to at the time.The listed version was reportedly a fake one, apparently the listing resulted in millions worth of trades. The Floki team has responded to Bitget’s delisting of TokenFi (TOKEN) by saying that the crypto exchange ignored requests not to list the token until after seven days of it going live. What is Floki saying about $TOKEN listing on Bitget? Apparently, Bitget disregarded this request and listed $TOKEN, which Floki now says was a “fake version”. It also went on to allow trades worth millions of dollars on the token, allegedly without holding the equivalent in assets to facilitate customer withdrawals. One of the announcements warning against the fake $TOKEN is this: Floki accuses Bitget of listing $TOKEN 12 minutes before the tokens officially became tradable. “Not only did #Bitget list a fake token, which they claim to be associated with Floki, against our request and before our token officially went live, they also DECEPTIVELY traded tens of millions of dollars in $TOKEN volume without any blockchain evidence of them having a single unit of the actual token in any of their wallets to represent user purchase of these tokens on their exchange,” a statement posted on X reads. The said fake $TOKEN listing has left Bitget with a $10 million hole that they need to plug, with this requiring about 10% of the #TokenFi total supply. However, since most of the supply is currently locked in Floki’s staking pool, a lack of liquidity sees the exchange unable to buy $TOKEN from the market. As highlighted earlier, Bitget had accused Floki of not providing enough liquidity after its token launched and cast doubts on the tokens’ treasury and vesting schedule. 

BREAKING: Floki says Bitget listed a “fake version of $TOKEN”

Bitget announced the delisting of TokenFi (TOKEN) citing potential price manipulation and liquidity issues.Floki has responded by saying the exchange listed the tokens against requests not to at the time.The listed version was reportedly a fake one, apparently the listing resulted in millions worth of trades.
The Floki team has responded to Bitget’s delisting of TokenFi (TOKEN) by saying that the crypto exchange ignored requests not to list the token until after seven days of it going live.

What is Floki saying about $TOKEN listing on Bitget?
Apparently, Bitget disregarded this request and listed $TOKEN, which Floki now says was a “fake version”. It also went on to allow trades worth millions of dollars on the token, allegedly without holding the equivalent in assets to facilitate customer withdrawals.
One of the announcements warning against the fake $TOKEN is this:
Floki accuses Bitget of listing $TOKEN 12 minutes before the tokens officially became tradable.
“Not only did #Bitget list a fake token, which they claim to be associated with Floki, against our request and before our token officially went live, they also DECEPTIVELY traded tens of millions of dollars in $TOKEN volume without any blockchain evidence of them having a single unit of the actual token in any of their wallets to represent user purchase of these tokens on their exchange,” a statement posted on X reads.
The said fake $TOKEN listing has left Bitget with a $10 million hole that they need to plug, with this requiring about 10% of the #TokenFi total supply. However, since most of the supply is currently locked in Floki’s staking pool, a lack of liquidity sees the exchange unable to buy $TOKEN from the market.

As highlighted earlier, Bitget had accused Floki of not providing enough liquidity after its token launched and cast doubts on the tokens’ treasury and vesting schedule. 
Crypto Tycoon SBF in the Dock: Jury Selection Extended; Hearing Reveals Financial CarnageSam Bankman-Fried (SBF), the disgraced co-founder of the now insolvent cryptocurrency exchange FTX, concluded his first day of trial involving jury selection and voir dire questioning. The process extended into Wednesday as U.S. District Judge Lewis Kaplan eliminated several potential jurors on Tuesday. Trial of FTX Co-Founder SBF Unveils Juror Crypto Losses on Day One of Voir Dire A day earlier, on Tuesday, Sam Bankman-Fried (SBF) appeared in the courtroom sporting a considerably shorter haircut and accompanied by his legal counsel. Various media outlets reported on the jury selection and voir dire, including an extensive X thread from Matthew Russell Lee’s Inner City Press publication. Judge Kaplan and the court aim to select a total of 12 jurors and approximately six alternates, hoping to complete the process on Wednesday. Lee’s coverage of Tuesday’s hearing revealed that several prospective jurors mentioned losing money in cryptocurrencies. One potential juror claimed their company invested in FTX and Alameda Research, experiencing financial losses. Another person stated their fiancĂ© lost money investing in crypto assets, while a third individual worked for Signature Bank, which financed FTX transactions, according to Inner City Press. FTX founder SBF was present at the hearing, consulting with his attorneys such as Andrew Cohen. Judge Kaplan instructed jurors not to conduct any external research or post about the case online. “It would not surprise me if some of you have heard about this case,” Kaplan remarked. He added that opening statements could commence mid-morning on Monday, October 9, 2023. During the hearing, SBF was observed typing on a court-provided air-gapped laptop. One possible juror expressed concern that the case involved the death penalty and stated they could not participate if the punishment was so severe. Judge Kaplan reassured the juror that the death penalty would not be applicable in this legal matter. Over 70 prospective jurors were questioned by the judge and attorneys, leaving an estimated 50 candidates remaining to finalize the selection of 12 jurors and six alternates. What do you think about SBF’s first day of trial and the jury selection difficulties? Share your thoughts and opinions about this subject in the comments section below. TAGS IN THIS STORY Crypto, crypto exchange, crypto legal, crypto trial, Cryptocurrency, Sam Bankman-Fried, sbf, Tethereum

Crypto Tycoon SBF in the Dock: Jury Selection Extended; Hearing Reveals Financial Carnage

Sam Bankman-Fried (SBF), the disgraced co-founder of the now insolvent cryptocurrency exchange FTX, concluded his first day of trial involving jury selection and voir dire questioning. The process extended into Wednesday as U.S. District Judge Lewis Kaplan eliminated several potential jurors on Tuesday.
Trial of FTX Co-Founder SBF Unveils Juror Crypto Losses on Day One of Voir Dire
A day earlier, on Tuesday, Sam Bankman-Fried (SBF) appeared in the courtroom sporting a considerably shorter haircut and accompanied by his legal counsel. Various media outlets reported on the jury selection and voir dire, including an extensive X thread from Matthew Russell Lee’s Inner City Press publication. Judge Kaplan and the court aim to select a total of 12 jurors and approximately six alternates, hoping to complete the process on Wednesday.
Lee’s coverage of Tuesday’s hearing revealed that several prospective jurors mentioned losing money in cryptocurrencies. One potential juror claimed their company invested in FTX and Alameda Research, experiencing financial losses. Another person stated their fiancĂ© lost money investing in crypto assets, while a third individual worked for Signature Bank, which financed FTX transactions, according to Inner City Press.
FTX founder SBF was present at the hearing, consulting with his attorneys such as Andrew Cohen. Judge Kaplan instructed jurors not to conduct any external research or post about the case online. “It would not surprise me if some of you have heard about this case,” Kaplan remarked. He added that opening statements could commence mid-morning on Monday, October 9, 2023. During the hearing, SBF was observed typing on a court-provided air-gapped laptop.
One possible juror expressed concern that the case involved the death penalty and stated they could not participate if the punishment was so severe. Judge Kaplan reassured the juror that the death penalty would not be applicable in this legal matter. Over 70 prospective jurors were questioned by the judge and attorneys, leaving an estimated 50 candidates remaining to finalize the selection of 12 jurors and six alternates.
What do you think about SBF’s first day of trial and the jury selection difficulties? Share your thoughts and opinions about this subject in the comments section below.
TAGS IN THIS STORY
Crypto, crypto exchange, crypto legal, crypto trial, Cryptocurrency, Sam Bankman-Fried, sbf, Tethereum
Shiba Inu: Dubai Man Makes $70 Million in SHIB, But Sells for $4,000
Shiba Inu: Dubai Man Makes $70 Million in SHIB, But Sells for $4,000
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