Crypto-powered gaming platform BC.GAME has seen "a year of unprecedented growth"—and now boasts more than nine million users, according to a report shared with Decrypt.
BC.GAME unveiled a "complete overhaul" of its user interface in 2024, while building upon strategic partnerships with Leicester City FC and Jason Derulo. More developments are set to come, with the launch of the site’s BC token unlocking "even greater rewards and benefits" for players.
Per its report, the site claims to have surpassed 500,000 monthly active users, and now accepts more than 100 cryptocurrencies as a payment method.
Executives say platform activity was given a further boost by the addition of five brand-new games, as well as the launch of the BC Lottery and Telegram-based mini-app Coco Rush.
BC.GAME has also been building momentum in real life, bringing together more than 1,500 players for its Untamed Moments event in Dubai.
The exclusive event "showcased our commitment to creating memorable, immersive experiences for our community and solidified our presence as a leader in the gaming and entertainment sectors," a BC.GAME spokesperson told Decrypt.
BC use casesAccording to BC.GAME, 200 million BC tokens were airdropped to early adopters and loyal users, with a dedicated dashboard offering real-time on-chain data. A further airdrop of 400 million BC tokens to 100,000 wallets on Pump.fun took place on February 18, targeting users who had completed at least 10 transactions on the BC.GAME platform.
Meanwhile, a rewards system means players can earn tokens for logging in on a daily basis, getting involved in their favorite games, and referring friends.
A staking program was also recently launched—giving BC owners the chance to lock up their tokens and receive rewards along the way.
"BC is not just a token—it's a bridge to a more rewarding and inclusive experience for our users," the site's spokesperson told Decrypt.
They added that community support is at the heart of the platform’s offering—meaning that "every advancement, every milestone, and every new feature is driven by our commitment to users."
Looking ahead to 2025Over the coming year, BC.GAME says top priorities include unveiling new use cases for the BC token and making it a part of a wider decentralized ecosystem that extends beyond gaming. DeFi, NFTs and metaverse applications are planned as part of efforts to turn BC GAME into a hub for Web3 entertainment.
Executives added that token distribution will extend further through a second mining campaign, unveiling new benefits for BC token holders and a World Cup Festival packed with exclusive rewards, new games, and VIP privileges for existing users.
Limited-edition items launched in conjunction with BC.GAME's partners—including the Japanese artist Takashi Murakami and Leicester City FC—will also be distributed to the community, including exclusive products that can't be bought in shops.
"With BC Token now in the spotlight, the future has never looked brighter,” a spokesperson said, adding that the platform will “pave the way for the next era of Web3 entertainment."
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Five regional lenders in the United States—Huntington Bancshares, First Horizon, M&T Bank, KeyCorp, and Old National Bancorp—have initiated a major shift in digital finance infrastructure by becoming design partners on Cari Network, leveraging Prividium atop the ZKsync platform. Together, these institutions manage more than $600 billion in total deposits, and their combined move signals evolving priorities in programmable settlement technologies for regulated entities.
Regulated Banks Confront Longstanding Settlement ChallengesThe ongoing transformation in financial markets has exposed persistent issues for banks navigating demands from both regulators and the marketplace. Regulatory agencies require control over participant data and governance, while increasingly digital markets expect instant, round-the-clock settlement. As stablecoin volume climbed to $5.7 trillion in 2024, analysis from the U.S. Treasury suggested this trend could drain up to $6.6 trillion from the banking sector, intensifying pressures on medium-sized lenders whose stability often hinges on deposit retention.
How Prividium and ZKsync Address Privacy and TrustLegacy attempts to modernize settlement have run into trade-offs. Permissioned chains such as JPMorgan Coin preserved internal oversight but lacked connectivity. Public blockchains offered broad access but placed sensitive data on public ledgers, while shared protocols introduced third-party intermediaries, which imposed trust models unsuited for high-stakes financial networks. Recognizing these limitations, network participants are adopting zero-knowledge (ZK) proofs, a cryptographic advance that confirms transactions without revealing underlying details. This eliminates the need for a trusted operator and shifts the source of settlement assurance to transparent mathematical proofs.
Prividium provides the technical framework for banks to each operate their own chain, setting governance and compliance policies internally, while all settlement proof is posted to Ethereum. The design ensures no centralized authority oversees the process, preserving institutional autonomy and maintaining network consensus based on verifiable cryptography rather than contractual obligations.
Cari Network describes itself as an infrastructure initiative for tokenized deposit settlement, designed for regulated banking, and led by founder Eugene Ludwig, who served as the 27th U.S. Comptroller of the Currency. His leadership brings a regulatory lens to network architecture and priorities.
In highlighting the significance of the development, Alex Gluchowski noted,
“Regulated finance is moving to ZKsync.”
By participating as design partners, the five regional lenders position themselves at the forefront of deploying zero-knowledge technology in regulated banking. The decision to avoid closed proprietary systems and instead interface directly with public infrastructure reflects a consensus that mathematical validity, rather than centralized influence, should underpin future settlement operations.
The adoption of ZKsync and Prividium is seen as a response to both market competition from digital assets and the heightened need for verifiable, privacy-preserving settlement. As regional banks respond to shrinking deposit bases and stricter oversight, programmable networks anchored by cryptographic guarantees may become a central feature of the sector’s digital evolution.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
BitGo and ZKsync are integrating custody and a permissioned blockchain to help banks issue and settle tokenized deposits within existing regulatory frameworks. The infrastructure, now in testing, aims to enable programmable payments and simplify blockchain adoption for financial institutions.BitGo and ZKsync are teaming up to offer banks a full-stack infrastructure for tokenized deposits, as financial institutions look to bring traditional money onto blockchain rails without stepping outside regulatory boundaries.
The effort combines BitGo’s institutional custody and wallet services with ZKsync’s Prividium, a permissioned, privacy-preserving blockchain designed for regulated entities. The joint offering aims to enable banks to issue, transfer, and settle tokenized deposits while maintaining compliance and control.
The move reflects a growing trend among crypto infrastructure firms to court banks by packaging blockchain capabilities into compliance-friendly systems—sidestepping the need for institutions to build and manage complex onchain architecture themselves.
Tokenized deposits have emerged as a new trend for banks experimenting with blockchain-based payments. Unlike stablecoins, which typically sit outside the traditional banking system, tokenized deposits keep funds within it, potentially enabling programmable transactions without altering existing regulatory frameworks.
ZKsync creator Matter Labs is positioning its Prividium network as a bridge between public blockchain innovation and institutional requirements such as privacy and permissioning. Matter Labs CEO Alex Gluchowski said in a press release that tokenized deposits represent “how banks bring money onchain without leaving the regulatory system.”
BitGo, a leading provider of crypto asset custody, has teamed up with Ethereum-based scaling protocol ZKsync to create a new infrastructure solution targeting the banking sector. The collaboration aims to empower financial institutions to adopt blockchain-based money transfer processes within a fully regulated framework, bridging the gap between traditional banking and digital assets.
Tokenized Deposits Open New Digital Channels for BanksTokenized deposits have recently taken center stage within the crypto ecosystem, providing banks with an innovative way to manage deposits as digital assets on blockchain networks. This approach keeps funds within the existing banking system, while enabling banks to take advantage of programmable transaction features typically associated with cryptocurrencies. Unlike stablecoins, tokenized deposits allow for the creation of new financial products while operating under current regulatory structures, paving the way for further innovation in the sector.
According to a joint announcement, the platform is already undergoing pilot tests in collaboration with regulated financial institutions. The solution enables banks to offer payment services over blockchain technology without having to independently build or manage complex infrastructure, while ensuring full compliance with regulatory oversight requirements.
Comprehensive Compliance-Driven Digital TransformationThe financial industry has been actively seeking robust solutions to integrate traditional assets with blockchain technology. The stack developed by BitGo and ZKsync provides a comprehensive suite of services tailored to banks and other financial institutions, streamlining the process of adopting blockchain-compatible systems. This allows institutions to accelerate their digital transformation without needing large-scale changes to their existing operations.
Regulatory compliance stands out as one of the primary features of the new infrastructure. The platform is also designed to offer the scalability and transaction throughput necessary to accommodate the high volumes typical of mainstream financial applications, addressing a key challenge for blockchain adoption in the banking sector.
The companies have stated that the new platform is on track to enter broader production environments by the end of the year, aiming for wider deployment and adoption across the industry.
Management from BitGo and ZKsync noted that some financial institutions are already piloting the solution and the goal is to achieve widespread use in the near future.
Bank partnerships for crypto-based payment applications are becoming increasingly visible across the sector. This collaboration could serve as a significant example of how financial institutions are adapting to new technologies and integrating blockchain solutions into their existing business models.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Digital asset infrastructure company BitGo is partnering with ZKsync, a leading Ethereum Layer 2 scaling protocol, to develop fiat tokenization infrastructure for banks.
The resulting products will be regulatory-compliant and institutional-grade settlements, with all the benefits of blockchain technology – 24/7 availability, instant settlements, security, and privacy.
BitGo brings fiat to blockchainBitGo has been at the forefront of developments in the crypto space since its launch in 2013. One of its best creations is multi-sig wallet technology, which has greatly improved security in the ecosystem and even encouraged institutional uptake of said wallets.
Its latest partnership now addresses the need for banks to tokenize fiat deposits to enable faster settlements and underpin new financial products.
Unlike asset tokenization led by Ripple Labs, this infrastructure will bridge fiat and blockchain without requiring stablecoins.
The project is currently in its testing phase, with high expectations of massive institutional uptake following its official deployment later this year.
The stablecoin dilemmaThere has been a long-standing disagreement between banks and stablecoin issuers on the grounds that stablecoin yields diminish bank deposits.
A draft of the Clarity Act attempted to address this situation, but the latest challenge emerged when Coinbase rejected a ban on stablecoin yields.
While the BitGo-ZKsync partnership does not resolve this issue, it brings a whopping $450 trillion in traditional finance funds to blockchain.
Banks have wanted to modernize settlement and treasury ops for years. The infrastructure just wasn't there.@BitGo x @zksync changes that. Tokenized deposits, institutional custody, always-on settlement. Built for regulated banks, ready to deploy.
👇 https://t.co/Fj7hWo4cpV
— BitGo (@BitGo) March 25, 2026 BitGo stock (NYSE: BTGO) was trading at $10.00 at the time of writing, 2.16% higher than the previous day’s closing price.
Source: MarketWatch
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Key HighlightsCore Features for Financial InstitutionsBanking Sector’s Stablecoin TensionsGet 3 Free Stock Ebooks Digital asset custodian BitGo joins forces with ZKsync to develop blockchain infrastructure enabling banks to tokenize traditional deposits Solution leverages Prividium, ZKsync’s permissioned blockchain designed specifically for compliance-focused financial institutions Tokenized deposits differ from stablecoins by maintaining funds within conventional banking frameworks Platform currently undergoing testing phase with regulated institutions, broader launch scheduled for late 2025 BitGo stock reached $10.00, registering a 2.16% increase during trading Digital asset custody provider BitGo has joined forces with ZKsync, an Ethereum Layer 2 scaling solution, to develop infrastructure enabling traditional banks to tokenize deposits on blockchain technology. The collaboration aims to provide financial institutions with a compliant pathway to leverage distributed ledger capabilities.
The solution merges BitGo’s enterprise-grade custody services and digital wallet technology with ZKsync’s Prividium network—a permissioned blockchain architecture engineered for heavily regulated financial entities prioritizing privacy and compliance.
Through this alliance, the companies are delivering banks a turnkey solution for issuing, transferring, and settling tokenized versions of traditional deposits. This approach eliminates the burden on individual banks to develop proprietary blockchain systems from scratch.
The initiative addresses a pressing market need. Financial institutions seek blockchain’s operational efficiency and settlement speed but face barriers accessing public networks due to stringent regulatory obligations.
Tokenized deposits represent a distinct category from stablecoins. While stablecoins generally operate outside traditional banking structures, tokenized deposits preserve funds within established financial systems, facilitating easier regulatory alignment.
Matter Labs, the development team behind ZKsync, has strategically positioned Prividium as a connector between decentralized blockchain innovation and institutional compliance requirements. Chief Executive Alex Gluchowski characterized tokenized deposits as “how banks bring money onchain without leaving the regulatory system.”
Core Features for Financial Institutions The integrated platform promises round-the-clock operational availability, real-time settlement capabilities, and enhanced security protocols. Additionally, it enables programmable payment functionality, allowing transaction automation based on predetermined criteria.
BitGo has maintained a presence in cryptocurrency infrastructure since 2013. The firm gained recognition for pioneering multi-signature wallet solutions that bolstered security standards and facilitated institutional adoption of digital asset technologies.
This infrastructure operates independently of stablecoins, distinguishing it from alternative blockchain payment initiatives, including platforms developed by Ripple Labs that incorporate proprietary digital tokens.
The system is presently undergoing pilot testing with regulated financial institutions, with comprehensive production deployment scheduled for the latter half of this year.
Banking Sector’s Stablecoin Tensions This partnership emerges amid escalating friction between traditional banks and stablecoin providers. Banking institutions have contended that yield-bearing stablecoins siphon deposits from conventional accounts.
While the Clarity Act sought to address portions of these concerns, disagreements persist. Coinbase recently opposed proposed restrictions on stablecoin yields, leaving the controversy unresolved.
The BitGo-ZKsync infrastructure doesn’t directly settle the stablecoin controversy. However, it provides banks an alternative route to blockchain adoption that completely bypasses stablecoin utilization.
The traditional finance ecosystem this platform targets represents an estimated $450 trillion market opportunity.
BitGo Holdings, Inc., BTGO
BitGo stock was valued at $10.00 during market activity, reflecting a 2.16% gain compared to the prior session’s close.
Key Highlights Financial infrastructure collaboration creates tokenization framework for banking institutions Direct deposit tokenization enables real-time settlement without relying on stablecoins Layer 2 technology delivers cost-efficient, rapid transaction processing for banks Solution maintains institutional custody while unlocking programmable finance capabilities Pilot program underway with plans for broader institutional deployment ahead Custody specialist BitGo and blockchain network ZKsync have announced a collaborative tokenization platform designed specifically for banking institutions. The initiative focuses on enabling direct blockchain-based tokenization of fiat currency deposits. This framework seeks to enhance settlement efficiency while preserving compliance standards and institutional oversight.
Banking-Focused Tokenization Platform Takes Shape The collaboration between BitGo and ZKsync delivers specialized tokenization architecture designed for compliance-focused financial entities. Banks can now issue and process tokenized representations of fiat deposits using blockchain infrastructure. Therefore, this framework accelerates transaction finality and enables round-the-clock settlement capabilities within institutional environments.
The platform merges BitGo’s institutional-grade custody solutions with ZKsync’s advanced Layer 2 blockchain architecture. This combination allows tokenization to function with heightened security protocols and reduced operational expenses. Moreover, financial institutions can implement this technology without extensive infrastructure modifications or disruptive system migrations.
Compliance and data protection serve as central pillars of the platform design to satisfy stringent regulatory requirements. ZKsync incorporates permission-based mechanisms that facilitate restricted institutional access. As a result, this tokenization approach harmonizes with current financial oversight frameworks while unlocking blockchain-enabled operational advantages.
Alternative Approach to Digital Currency Integration The partnership deliberately sidesteps stablecoin dependency and prioritizes native tokenization of bank deposits. This strategy preserves liquidity within established banking infrastructure rather than channeling assets into separate cryptocurrency vehicles. Consequently, the model diminishes operational conflicts between traditional finance and blockchain technology providers.
Stablecoins have generated scrutiny regarding their influence on conventional deposit ecosystems. However, direct deposit tokenization permits banks to maintain ownership of client assets while gaining access to programmable transaction features. Besides, this methodology fosters technological advancement without undermining fundamental banking operations.
Direct deposit tokenization simultaneously enhances operational visibility and transaction velocity without introducing competitive yield structures. Financial institutions can execute immediate payment processing while safeguarding balance sheet stability. Hence, this framework offers a measured approach toward blockchain technology adoption.
Pilot Program and Industry Impact Potential The tokenization infrastructure currently operates in testing mode with select regulated banking partners. Both organizations anticipate expanding availability throughout the current year following comprehensive system verification. Therefore, widespread deployment across banking networks may materialize in the near term.
Layer 2 blockchain capabilities enhance transaction throughput while minimizing cost barriers. This positions the platform as viable infrastructure for substantial transaction volumes and international payment flows. Banks can utilize tokenization capabilities to engineer innovative financial instruments and services.
This development arrives during active regulatory deliberations and evolving market dynamics surrounding digital asset integration. Government authorities continue examining policy structures that accommodate blockchain technology within financial services. Consequently, banking tokenization may facilitate access to substantial traditional financial markets while advancing the merger of conventional banking with distributed ledger technology.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Custody specialist BitGo has joined forces with ZKsync to launch a tokenization platform designed to serve banking and regulated financial institutions. The project centers on converting traditional fiat deposits into blockchain-based tokens, aiming to deliver quicker transaction settlement while retaining oversight and security required by compliance-focused enterprises.
Collaboration Targets Next-Generation Banking NeedsBitGo is a well-established provider of digital asset custody solutions, safeguarding crypto and tokenized holdings with a focus on security and regulatory compliance. ZKsync, on the other hand, is a Layer 2 blockchain protocol designed to scale the Ethereum network by offering high-throughput, low-cost transactions secured by zero-knowledge proofs. This alliance blends secure institutional custody with advanced blockchain infrastructure.
The newly unveiled tokenization platform enables banks to issue and manage digital tokens representing fiat deposits directly on blockchain rails. Rather than relying on stablecoins as intermediaries, this model allows banks to process and settle transactions in real time. The system is engineered to function within existing frameworks without forcing banks to undergo disruptive technology migrations, making adoption less burdensome for traditional institutions.
Compliance and Control Central to Network DesignA distinguishing feature of the platform is its compliance-oriented architecture. Permission-based access controls are built into the system, letting financial institutions carefully govern who participates within their networks and aligning the platform with current legal and data protection standards. Unlike open public ledgers, this permissioned approach is expected to satisfy institutional demands for regulatory certainty.
Direct deposit tokenization increases operational transparency and settlement speed, granting banks the ability to process payments at any time while maintaining established controls. By holding custody of client assets within their infrastructure, participating banks avoid the liquidity fragmentation often associated with stablecoins and external crypto vehicles. This approach is designed to reduce potential conflicts between blockchain providers and conventional banking systems.
Testing Phase and Expansion PlansThe platform is currently being piloted with select regulated banks to assess its technical and legal resilience. After the verification phase, both BitGo and ZKsync anticipate expanding the solution for broader institutional access throughout the year. This move comes at a time when financial authorities are reevaluating how blockchain and asset tokenization can fit within established policy regimes.
Layer 2 blockchain technology underpins the system’s ability to process large transaction volumes cost-effectively. This positions the infrastructure as a potential backbone for cross-border payments or new financial instruments, helping banks build programmable finance capabilities while operating within existing regulatory parameters. The measured approach adopted by BitGo and ZKsync may facilitate the entry of more traditional financial institutions into digital asset markets, bridging the gap between conventional banking and blockchain technology.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Earlier this month, five regional banks partnered with ZKsync to launch the Cari network; here's why.
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Five U.S. banks representing $600B in deposits are moving onchain, signaling a potential institutional shift toward Ethereum-powered infrastructure.
What’s the Scoop?Headed Onchain: Five U.S. regional banks (Huntington Bancshares, First Horizon, M&T Bank, KeyBank, and Old National Bancorp) are moving toward a tokenized deposit network built on ZKsync infrastructure, representing a combined $600B+ in deposits.Network Launch: Earlier this month, ZKsync launched Cari Network, built using its "Prividium" stack (a flexible Ethereum Ethereum L2 framework designed for financial institutions that prioritizes private execution and compliance) in partnership with the five above reginal banks.Control and Connectivity: Bank regulators demand control, while markets demand real-time, global connectivity. Existing systems fail to deliver both simultaneously. Zero-knowledge proof technogy pioneered by ZKsync allow banks to verify transactions on Ethereum without revealing sensitive data, unlocking public settlement with private execution.Cari Approach: According to a ZKsync press release, "Cari exists to give regulated banks a path into programmable settlement without leaving the regulatory perimeter."https://t.co/B9fYJq19SN
— ALEX | ZK (@gluk64) March 18, 2026
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Written by Jack Inabinet
932 Articles • View all
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Leadership says the layoffs were driven by changing technical requirements rather than any cost-cutting pressure.
Matter Labs is reshuffling its team as the company moves to a permissioned privacy chain called Prividium.
The layoffs will include senior engineers, designers, and operators who are no longer aligned with the new direction.
Founder Explains Layoff Decision. Alex Gluchowski, the company’s CEO, confirmed the news on social media, noting that the decision followed the company’s 2024 shift toward building products for regulated financial institutions.
“Today we reduced the size of the Matter Labs team. This was my decision, and I want to explain it,” he wrote.
According to him, Prividium has since become Matter Labs’ main focus, with the firm now fully committed to building tools that help businesses move on-chain.
The founder added that as the project developed, the company gained a clearer understanding of what customers needed, which heavily influenced the direction of Prividium and the type of talent required to move it forward. As a result, some roles that made sense during earlier stages of building were no longer the best fit for the firm’s current priorities. This, he said, is what prompted the restructuring decision.
The firm’s website states that Prividium is an Ethereum-based blockchain platform for financial institutions and fintech companies that gives organizations a way to do transactions securely while being compliant. Additionally, the product is built on a privacy-focused, permissioned Layer-2 blockchain powered by zero-knowledge technology.
“To everyone leaving, thank you for what you built here, and for the standard you set,” he concluded.
Alex said the move wasn’t a reflection on the employee’s abilities and contributions, adding that the engineers, designers, and operators impacted were some of the best he has worked with. The workers who left have also reportedly been offered financial help and support as they go through the transition.
You may also like: New XRPL Startup Initiative Launched by Seoul FinTech and XRPL Korea (Report) Vitalik Buterin Reconsiders 2017 View on Full Chain Validation Crypto in 2026: a16z Predicts Major Shifts in Privacy, Security, and Messaging Community Remains Divided Over Job Cuts The community’s reaction to the news has been mixed, with some excited about the project and others asking where the $450 million that Matter Labs raised to develop the product had gone.
“Could you please explain? You raised $450 million in investment to develop the product. Where’s the money? And why are you asking for more and laying people off?” they wrote.
Meanwhile, this isn’t the first time the firm has had to let go of its employees. The company also downsized its team in the midst of a pivot toward privacy-focused tools in 2024, with the firm saying that the restructuring was necessary to align its workforce with new priorities rather than a short-term cost-cutting measure.
According to a recent investigation by Nikkei, a China-based group previously linked to the supply of fentanyl precursor chemicals may also be connected to an international cryptocurrency scam operating through Japan. The report claims that the group attracted investors worldwide using Japanese internet domain names and a counterfeit token called “Zksync.jp.”
Fake token allegations and investor lossesThe investigation revealed that the token in question closely imitated the branding of ZKsync, an Ethereum Layer 2 network developed by Matter Labs. However, no evidence was found to suggest that the legitimate ZKsync project was involved in the scheme. Nikkei estimated that investors lost hundreds of millions of yen, pushing the total loss above $1 million.
The so-called Zksync.jp token was presented with a look and feel nearly identical to the actual ZKsync ecosystem, leveraging this similarity to gain investor trust.
The report noted that opting for a Japanese domain extension helped create an image of extra legitimacy for the platform, as registering such domains typically requires a local address in Japan. This contributed to the fraud’s credibility by making the fake investment opportunity appear more convincing to potential victims.
Mini glossary: A domain name is the web address users see for a website. Country-specific domains are often perceived as more trustworthy because they are associated with a particular jurisdiction.
Companies at the center of the investigationNikkei identified Wuhan-based chemical company Hubei Amarvel Biotech as a key part of a wider network. The report also alleged that Nagoya-based firm Firsky served as a shell company for the network’s activities in Japan. Chinese national Xia Fengzhi was said to have handled logistics and financial transactions through a Japan-linked entity.
Firsky was dissolved in July 2024, and Xia Fengzhi’s current whereabouts are reportedly unknown. The publication of the investigation follows the conviction in the United States of two Amarvel Biotech executives for conspiring to traffic fentanyl precursors and commit money laundering.
Sanctioned ties found in blockchain recordsAccording to the report, Nikkei traced crypto transactions connected to Amarvel and the Japan-affiliated network using wallet addresses named in US court cases. More than 120 transactions were identified as linked to entities under US sanctions.
A significant portion of these transactions was associated with parties linked to the Wuhan Yuancheng Group, previously sanctioned by US authorities for alleged involvement in drug trafficking operations. Blockchain analytics firm Chainalysis told Nikkei that fraud rings increasingly exploit domains from reputable jurisdictions to lure victims.
Japan prepares for new crypto regulationsMeanwhile, Japan’s parliament is reportedly set to approve a new law that will give cryptocurrencies a regulatory framework similar to that for equities. The bill aims to classify crypto assets as financial instruments, tighten transaction rules, and lower tax rates for trading profits.
The findings of this investigation have raised fresh questions about how cross-border crypto transactions and domain infrastructure are combined in schemes targeting investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Banana Gun, the popular crypto trading bot, surged to its highest point in almost two months as the volume in its ecosystem rose.
Banana Gun (BANANA) token rose for two consecutive days, reaching an intraday high of $55, up 68% from its lowest level in September.
This rally occurred in a high-volume environment, with most of the action happening on Binance, the largest exchange in the industry. Its 24-hour volume increased by 87% to $56 million.
More data shows that Banana Gun’s open interest in the futures market continued rising, reaching a record high of $30 million. That was a big increase since its futures open interest bottomed at $13 million in September.
The rally is likely due to the platform seeing strong volume. In an X post on Monday, the developers noted that the network had over $137 million in volume last week. It recorded an impressive $23 million in volume on Sunday, indicating that its ecosystem is booming.
Banana Gun has become one of the biggest Telegram bot in the crypto industry, handling over $6.7 billion in volume, according to its website. Most of this trading happens on its Ethereum (ETH) ecosystem, followed by Solana (SOL), Blast, and Base.
Data by Dune shows that Banana Gun has had over 294,000 lifetime users who have executed 11 million trades. Another data by DappRadar shows that the number of unique active wallets rose by 22% in the last 30 days, while volume jumped by 72% to $584 million.
Banana Gun price is soaring Banana Gun chart by TradingView The 4-hour chart shows that the Banana Gun token has been in a strong bull run over the past few days. It flipped the important resistance point at $52.15 on Friday, marking its highest point on Oct. 8.
The token has also remained above the 50-period and 25-period moving averages. Additionally, oscillators like the Money Flow Index and the MACD have pointed upwards.
Therefore, the token will likely continue rising as bulls target the all-time high of $63.45, which is about 12% above the current level.
The cryptocurrency exchange OKX has announced the listing of the Banana Gun (BANANA) token on its spot trading market. With this new listing, users will have the opportunity to trade the BANANA/USDT pair. OKX provided detailed information regarding the dates and times when users can utilize the BANANA coin.
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Details of Banana Gun Coin ListingOKX will commence the deposit operations for the BANANA coin on October 18, 2024, at 10:00 AM Turkish time. On the same day, between 12:00 PM and 1:00 PM Turkish time, users can participate in call auctions to purchase their coins during the presale period.
Finally, spot trading will begin at 1:00 PM Turkish time, allowing users to start trading the BANANA/USDT pair. Withdrawal operations for the coin will be initiated on October 19, 2024, at 1:00 PM Turkish time.
New Opportunities in the Cryptocurrency MarketOKX’s move aims to provide new opportunities for users. This development is considered a significant step for those eagerly awaiting the BANANA coin in the cryptocurrency market. As one of the rapidly appreciating coin projects, Banana Gun now has the potential to reach a broader audience with its listing on OKX.
On another note, the announcement of Banana Gun’s listing by OKX led to a 1.48% increase in its price. At the time of writing, the altcoin is trading at $57.51.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Banana (BANANA) has recently seen a price rally, gaining 44% as it attempts to break out of a descending wedge pattern. While this bullish setup suggests the potential for further gains, investors’ behavior could hinder the altcoin’s progress.
Despite the price rise, many investors are reluctant to hold, potentially delaying the breakout.
Banana Gun Faces SellingOver the past two weeks, the supply of Banana on exchanges has risen by 300,000 tokens, worth just under $5 million. This increase in selling pressure amounts to roughly 9% of the entire market cap, which stands at $55 million. The growing supply on exchanges is a direct result of the altcoin failing to sustain its recovery, pushing many investors to sell and lock in profits.
This increased selling activity points to a highly bearish sentiment surrounding Banana. The failure to recover has triggered a wave of profit-taking, further weighing on the price.
BANANA Supply On Exchanges. Source: SantimentThe overall macro momentum for Banana has been marked by a significant spike in active deposits over the past 24 hours, the highest since November 2024. This surge indicates that more Banana tokens are being offloaded, reflecting investor sentiment and profit-taking behavior.
Unlike previous selling periods where investors sought to offset losses, this round of selling appears to be driven by those booking profits. This shift in behavior could signal further selling in the short term, particularly if the price stabilizes or continues to rise.
BANANA Active Deposits. Source: SantimentBANANA Price Is Looking For A GapAt the moment, Banana is trading at $15.95 after rising by 44% over the past day, sitting within a descending wedge pattern that typically signals bullish potential. However, despite this setup, the altcoin has struggled to break out in the last 24 hours, leaving its future uncertain.
If the current weak momentum and selling trends persist, Banana will likely test the lower trend line of the pattern. This could push the price down to $10.29, delaying any potential recovery and reinforcing the bearish outlook.
BANANA Price Analysis. Source: TradingViewOn the other hand, if broader market conditions improve and investor sentiment shifts, Banana could see a breakout from the wedge pattern. Successfully breaching the $17.57 barrier would signal a reversal and could send the price towards $23.24. Such a move would invalidate the current bearish outlook and mark the beginning of a stronger upward trend for Banana.
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Gemini, a popular crypto exchange, has just launched a tokenized version of Michael Saylor’s Strategy (MSTR) stock for EU users.
Strategy is a Bitcoin-investing firm currently holding 592,345 $BTC, making it one of the largest institutional holders of the asset.
As such, a tokenized version of Strategy’s stock is an indirect but powerful way of offering on-chain participants more $BTC exposure.
This also bridges the gap between traditional stock markets and on-chain infrastructure by addressing key issues like limited trading hours and high international fees.
Gemini has partnered with Dinari in an attempt to offer more liquidity and transparency by leveraging the latter’s tokenization-on-demand model.
Read on to learn more about this exciting development and why it could positively impact your crypto portfolio. We’ll also highlight the best altcoins you can invest in right now.
Tokenized Stocks Are Here, and Crypto Investors Should Be Excited Tokenization converts real-world assets into digital tokens. For example, Tether Gold ($XAUT) is the tokenized version of gold.
Currently, $MSTR is the only US equity stock to be tokenized for EU investors. However, Gemini says that more such tokenized stocks and ETFs will be launched soon.
It’s fair to say that tokenization is the future of investing, as it closes the gap between the traditional stock market and blockchain participation. It allows crypto investors to diversify their portfolios without leaving the secure environment.
Gemini’s choice of $MSTR also aligns well with crypto enthusiasts because it offers them the opportunity to invest in a crypto-native firm.
Considering all this, this is probably an opportune time to invest in some hot new meme coins, i.e., if you wish to ride the tokenization trend.
1. Snorter Token ($SNORT) – Best Altcoin to Buy Now, Swipe Liquidity in New Meme Coins Snorter Token ($SNORT) is a new crypto changing the way retailers trade meme coins. It’s a Telegram-based trading bot that swipes liquidity in newly listed meme coins with automatic limit, stop, and stop-loss orders.
Additionally, Snorter Bot only charges 0.85% as trading fees, as opposed to the 1% charged by competitors Banana Gun and Bonk Bot. To access the industry-lowest trading fees, though, you’ll have to be a $SNORT holder.
Owning $SNORT also comes with the potential to make 1,400% returns in less than five years, as the crypto is predicted to explode and reach $1.25 by 2030.
In addition to comprehensive security, Snorter Bot also comes with an excellent copy-trading feature, allowing you to mimic successful traders without leaving the Telegram chat.
$SNORT is currently in presale, with over $1.35M in funding so far. Even better, you can buy one token for just $0.0965.
2. BTC Bull Token ($BTCBULL) – Only Crypto to Buy Now for Free $BTC Airdrops BTC Bull Token ($BTCBULL) is the newest – and probably the smartest – way to become a part of Bitcoin’s success story.
As the digital gold climbs to new highs, so can your portfolio if you buy $BTCBULL and store it in Best Wallet.
That way, you’ll be eligible for free Bitcoin airdrops. Yep, BTC Bull Token is the ONLY crypto in the world to offer token holders free (and real) $BTC.
These airdrops will occur every time Bitcoin hits a new milestone, like $150K and $200K. Plus, $BTCBULL is expected to surge 277% and reach $0.0096 by 2026.
Furthermore, the developers have also planned to follow a deflationary approach.
Under this, a handful of $BTCBULL tokens will be burnt off every time Bitcoin climbs up by $50K. This will ensure continuing token hype and price appreciation.
If you want to benefit from $BTCBULL, buy the token now while it’s still in presale. The project has in total raised over $7.5M, and each token is currently available for just $0.00258. Here’s how to buy it.
3. Dog (Bitcoin) ($DOG) – Canine-Themed Crypto Poised to Pump With dog-themed meme coins expected to make a strong comeback thanks to the SEC warming up to the idea of a $DOGE ETF, $DOG could be one of the next cryptos to explode.
$DOG might not be as mainstream as, say, Dogecoin or Shiba Inu, but it stands out because it’s built directly on the Bitcoin blockchain.
It’s a community-driven token with no real utility other than to prove crypto degens some meme coin fun right on Bitcoin, one of the most secure blockchains out there.
$DOG is currently trading at $0.003911, having gained more than 28% over the past 7 days.
According to recent price action, it’s about to break out of a descending triangle pattern, so we can expect a surge sooner rather than later.
Conclusion With a major crypto exchange like Gemini launching a tokenized version of a US stock, it wouldn’t be wrong to say that the sky’s the limit for digital assets.
If you’d like front-row seats to this revolution, consider investing in high-potential tokens like Snorter Token ($SNORT) and BTC Bull Token ($BTCBULL).
However, bear in mind that none of this is financial advice; the crypto market is highly volatile. So, kindly do your own research before investing.
CryptoQuant analyst ‘caueconomy’ found that Bitcoin whales have dumped roughly $12.7B worth of $BTC over the past month. Shockingly, this marks the largest whale sell-offs since July 2022.
These $BTC liquidations are anticipated to keep the #1 crypto’s price under pressure for longer – especially if they’re ongoing.
Don’t want to sit in the dip while waiting for the market to perk back up? Then why not check out the best crypto presales?
Bitcoin Whale Reserves Down 10K+ $BTC in One Month In a blog post on Friday, ‘caueconomy’ highlighted that holders are offloading $BTC more aggressively. So much so that the #1 crypto has reached its highest distribution levels this year.
The analyst found that whale reserves have dropped by over 10K $BTC in the past 30 days, ‘signaling intense risk aversion among large investors.’
Source: X (CryptoQuant) They believe that this selling pressure is what’s been pushing $BTC’s price below $108K, a level it had sunk below last week.
At the time of writing, $BTC is valued at $111K. If you don’t want to wait for it to rebound yet wish to boost your portfolio, now is a great time to check out top presales.
Since these tokens are still in their fundraising stages and not yet trading on the open market, whale sell-offs don’t affect their prices. They’re safer investment opportunities to check out in today’s volatile market.
Even better, some presale coins are built with utility to help you thrive amid unfavorable market conditions, including Snorter Token ($SNORT), BlockchainFX ($BFX), and Best Wallet Token ($BEST).
1. Snorter Token ($SNORT) – Five-Figure Whale Investments Signal Confidence in Its Upcoming Trading Bot Snorter Token ($SNORT) is quickly attracting notable attention. It has already scooped up $3.7M+ on presale, propelled by three major whales investing $40K, $32K, and $21K.
Such foremost transactions highlight that big investors have faith in Snorter Bot, the crypto project’s upcoming Telegram trading bot.
Once launched this quarter, Snorter Bot will enable you to swap and automatically snipe new tokens quickly and safely. With an aardvark mascot, its ultimate ambition is to help you sniff out the next crypto to explode.
If you’re not a confident trader, Snorter Bot’s copy trading feature has your back. It’ll enable you to mirror top traders’ moves for greater profit potential effortlessly.
Better yet, it brings trust to the presale market that, unfortunately, isn’t scam-proof. Built with MEV protection, plus honeypot and rug pull alerts, the bot ensures you stay safe while chasing top opportunities for gains.
Source: Snorter Token It’ll first launch on Solana to take advantage of its low fees (just 0.85%) and fast transaction speeds (currently averaging 821.8 transactions per second). By doing so, it claims that it’ll outpace rival bots like Maestro, Trojan, Banana Gun, Bonk Bot, and Sol Trading Bot.
Once it has a foothold in the Solana arena, the bot will expand across multiple chains, including Ethereum, BNB Chain, and other EVM networks. This way, you can trade the hottest alpha across chains – not just the best Solana meme coins.
After buying $SNORT on presale, you can also anticipate leaderboard perks, DAO voting rights, and staking rewards at a 123% APY.
One $SNORT currently costs as little as $0.1037. Following early bot adoption and exchange listings, it’s projected to reach $1.02. So, now presents an opportune moment to join the presale for potential returns of over 883%.
2. BlockchainFX ($BFX) – Powers Global Exchange That Bridges DeFi & TradFi $BFX is the linchpin of BlockchainFX, a cutting-edge global exchange that bridges DeFi and TradFi. Owing to this, it has nearly raised an eye-boggling $7M on presale.
From a highly user-friendly app, you can access crypto and stocks, forex, ETFs, commodities, and bonds. It gives you easy access to the world’s top markets, all under one roof.
Although $BFX is still on presale, BlockchainFX has already granted access to over 500 assets, including $BTC, $ETH, gold, and Tesla.
Purchasing $BFX gives you early access to the platform, reduced trading fees, and daily staking rewards (in $USDT and $BFX).
It also gives you exclusive perks like access to the limited-edition BFX Visa Card, which can be topped up with 20+ cryptos to spend globally online or in-store. This way, you can easily spend your crypto without the hassle of off-ramps.
Source: BlockchainFX You can purchase $BFX on presale for just $0.022 to reap these perks. With a launch price set at $0.05, now’s a great time to secure early entry at its lowest current price.
3. Best Wallet Token ($BEST) – Raises $15.6M+ Over Fueling Crypto Wallet Perks Best Wallet Token ($BEST) has already attracted over $15.6M on presale as it’s the native token of Best Wallet, a mobile-friendly crypto wallet.
After downloading the mobile app, you can manage, buy, sell, swap, and stake over 1K digital assets across major chains, including Ethereum, Polygon, and BNB Chain.
It’ll soon support over 60 networks, so you can anticipate unlocking even greater crypto opportunities soon.
As a non-custodial wallet, you can rest easy knowing you have full ownership of your private keys.
Considering that private key compromises accounted for the largest share of stolen crypto last year, at 43.8%, non-custodial wallets like Best Wallet are safe choices.
Additionally, the wallet safeguards your digital assets, includes 2FA, biometric protection, local encryption, and personal cloud backups.
Beyond this, the wallet is full of intuitive tools for discovering top investment opportunities at reasonable prices. This includes a token launchpad and a swap function that scans 330+ DEXs and 30 bridges for the best rates.
Source: Best Wallet It also has an ambitious roadmap that includes a crypto debit card (Best Card), a built-in NFT gallery, and a rewards hub for loyal users. And that’s to name a few.
When buying $BEST, you’ll also be granted with lower gas fees, governance rights, and staking rewards (currently at an 85% APY).
You can buy $BEST on presale for just $0.025605. But don’t wait around: Its price will increase later today and is forecasted to hit $0.035215 after being listed on Uniswap, one of the best decentralized exchanges.
Verdict – The Best Crypto Presales Are Safe Investment Opportunities Bitcoin Whales offloading 100K+ $BTC shows that not even the world’s largest crypto is protected from sudden supply shocks.
If you don’t want to wait for the volatility to clear up, your current best bet might be investing in the best crypto presales, like $SNORT, $BFX, and $BEST.
Because they’re not yet listed on the market, they’re protected from whale-driven price swings. Plus, their utility helps you explore the next crypto that’s primed to thrive.
This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/best-crypto-presales-amid-big-bitcoin-sell-off/
Ripple whales accumulate 30M $XRP, signaling renewed confidence and potential for a rally back toward the $3 level, despite lingering broader market volatility. Bitcoin Hyper ($HYPER), Snorter Token ($SNORT), and BlockchainFX ($BFX) are emerging presales that capitalize on the same institutional and retail momentum underpinning $XRP’s recovery narrative. These projects represent three growth narratives for this cycle: scalability with $HYPER, trader-focused utility with $SNORT, and tokenized finance infrastructure with $BFX – all offering asymmetric upside for early investors. After weeks of volatile price swings, $XRP has stabilized around $2.30–$2.40 – a level that’s quickly becoming a critical support zone for traders and investors.
The move comes soon after Ripple whales showed signs of renewed confidence, having accumulated over 30M $XRP tokens in a 24-hour period.
The context of this surge in whale activity is telling. It’s taking place amid a cautious broader market, suggesting smart money may be positioning itself ahead of a potential recovery.
Twenty-four-hour trading volumes for $XRP have steadily ticked higher this week, sitting between $3.5B and $5.4B over the past few days, showing a rise in interest even as much of the crypto market remains flat.
From a technical standpoint, $XRP’s daily Relative Strength Index (RSI) is sitting at around 41, after having printed a low of 26.5 two weeks prior.
This indicates that should the momentum decisively shift upward, there’s plenty of room to rally before approaching overbought territory.
However, there are still signs of caution, too, particularly from leverage traders: Futures Open Interest has largely remained flat around $3.66B, after the historical leverage wipeout on October 10.
With ‘Uptober’ enthusiasm fading amid global uncertainty, renewed whale accumulation of $XRP suggests that sentiment may be turning. If the buying pressure continues, it could soon reclaim the $3 region: a psychological level that may spark broader retail interest.
Meanwhile, as traders wait to see if $XRP can make that breakout move, early-stage presale projects are quietly stealing the spotlight.
That’s why they are in our list of the best altcoins to buy right now. Let’s take a closer look.
1. Bitcoin Hyper ($HYPER): The Layer-2 Powering Bitcoin’s Institutional Future As capital flows back into blue-chip crypto majors like $XRP and $BTC, scalability remains the key challenge. As those familiar with crypto have long been aware, Bitcoin’s throughput tends to struggle during busy periods in the market.
Bitcoin Hyper ($HYPER), however, is positioning itself as the solution to this bottleneck.
Built as a Layer-2 network, Bitcoin Hyper will leverage the Solana Virtual Machine (SVM), combined with a unique model that utilizes ZK-proofs. The end result will be a Layer-2 chain that upholds Bitcoin’s superior security, while supercharging its throughput to Solana-like levels.
The presale has already raised over $24.6M+, with tokens currently priced at $0.013155 each. Investors can stake their tokens for up to 48% APY, and over half of all presale tokens are currently being staked – reflecting the strong community confidence in the project.
➡️ If you’re thinking of investing in Bitcoin Hyper, our guide to buying $HYPER can help you get started.
Bitcoin Hyper aims to do for Bitcoin’s scalability what Arbitrum, Optimism, and Base did for Ethereum.
Arbitrum, at its all-time high, achieved a market capitalization of roughly $4.5B. And remember, it did so as a Layer-2 for Ethereum, a network worth less than 20% of Bitcoin.
If Bitcoin Hyper ($HYPER) is successful, and achieves even a fraction of Arbitrum’s success, the upside potential is massive. At its current valuation of $24.6M+, it’s a major asymmetric opportunity to place an early bet on Bitcoin’s evolving institutional narrative.
Participate in the Bitcoin Hyper ($HYPER) presale before the next price increase.
2. Snorter Token ($SNORT): Last Chance to Invest in a Game-Changing Trading Bot at Presale Prices As $XRP quietly dominates whale attention, Snorter Token ($SNORT) is emerging as one of the most promising meme-utility hybrids of 2025.
Unlike typical meme coins that rely purely on hype, Snorter combines trader-focused functionality with viral meme appeal – giving it real, tangible utility and strong community momentum.
At its core is the Snorter Bot, a Telegram-native trading tool that will offer sub-second sniping, scam detection, and copy-trading, all designed to give its users an edge in Solana’s competitive meme coin ecosystem.
Momentum for the project is building rapidly: over $5.4M raised in its presale so far, with tokens currently priced at $0.1083.
There’s a caveat, though. The Snorter Token presale has actually come to an end, with the token claim set for October 27 at 2pm UTC. However, you still have the chance to buy your $SNORT at its current price – and stake it for yields of up to 102% APY.
Given its relatively small valuation, $SNORT looks seriously undervalued. This is especially clear when you compare it with rival Solana trading bots like Banana Gun ($BANANA), which reached peak valuations of over $240M despite offering fewer features.
If the market recognizes Snorter’s advantages, even a partial rerun of that trajectory could mean massive upside potential for early presale buyers.
Buy Snorter Token ($SNORT) at presale prices while you still can.
3. BlockchainFX ($BFX): The DeFi Engine for Tokenized Finance BlockchainFX ($BFX) is redefining decentralized finance with a cross-chain trading platform built for the new era of tokenized assets: from ETFs and bonds to stablecoins and commodities.
As institutional interest in $XRP and crypto at large accelerates, $BFX provides the infrastructure needed to bridge TradFi and DeFi, enabling compliant on-chain trading for regulated financial products.
The project has already raised close to $10M in its presale. Its tokens are currently priced at $0.028 each, and are set to launch at $0.05 – positioning the current offer as an attractive early entry point.
Beyond trading, $BFX introduces the Founders Club and Visa Card, rewarding users with daily $USDT payouts, staking rewards, and up to $25K in trading credits.
With institutional crypto participation on the rise and tokenization becoming a major market theme, BlockchainFX stands as a pure infrastructure play: built for the intersection of regulation, liquidity, and innovation.
Learn more about BlockchainFX here.
Disclaimer: This is not financial advice. Always do your own research before making any investment decision.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/best-altcoin-presales-as-whales-push-xrp-to-3
San Francisco, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Banana Gun, the high-performance on-chain execution layer built for active traders, today announced that BNB Chain is now live on Banana Pro, its web-based trading application. The integration enables traders to access BNB Chain markets directly through Banana Pro’s streamlined interface, delivering fast, secure execution during periods of heightened market activity.
The launch reflects growing demand for execution infrastructure purpose-built for highly active on-chain ecosystems. As trading activity on BNB Chain continues to accelerate, execution quality, reliability, and protection become increasingly critical. Banana Pro brings these capabilities together in a single web-based experience designed to perform under real trading conditions.
“Traders operating in fast-moving environments need execution that’s dependable and immediate, without unnecessary friction,” said Daniel, CEO and Co-Founder of Banana Gun. “By integrating BNB Chain into Banana Pro, we’re extending our execution standards to one of the most active on-chain ecosystems in the market today.”
Across its Telegram and web app interfaces, Banana Gun’s execution infrastructure has processed more than $15 billion in cumulative trading volume, with systems designed to deliver consistent performance under real trading conditions and volatility, including:
MEV-aware execution logic designed to improve trade outcomesAnti-rug protections and automated safeguardsHoneypot detection to reduce failed or malicious transactions
“BNB Chain is home to one of the most active and diverse highly on-chain trading ecosystems, and execution quality is critical as users move across networks,” said Nina Rong, Executive Director of Growth at BNB Chain. “By integrating BNB Chain into Banana Pro’s web experience, Banana Gun is giving traders a more unified way to access liquidity while maintaining the speed and reliability required in fast-moving markets.”
The integration marks a strategic step in strengthening Banana Gun’s presence within the BNB Chain ecosystem, aligning its execution capabilities with a network that continues to attract significant on-chain trading activity and innovation.
About Banana Gun
Banana Gun is a high-performance on-chain execution layer built for traders who demand speed, safety, and intuitive design. Originating as a private tool shared among a small group of users, it has grown into a globally recognised trading platform powered by an engineering-led execution engine with millisecond-level performance, MEV protection, anti-rug checks, honeypot detection, and other safeguards. Banana Gun delivers a unified experience across Telegram and its web interface, with advanced tools such as auto-sniping, limit orders, copy trading, and multichain execution. Its revenue-sharing token model returns meaningful value to users, aligning the ecosystem around transparency and performance. With strong user traction and rapid multichain expansion, Banana Gun is positioned as a trusted and accessible execution layer for fast, safe on-chain trading.
Learn more: https://www.bananagun.io
About BNB Chain
BNB Chain is one of the largest and most active blockchain ecosystems in the world, supported by a global community of developers and users. With high throughput, low transaction costs, and full EVM compatibility, BNB Chain powers scalable applications across finance, gaming, and the broader Web3 economy. For more information, please visit www.bnbchain.org
Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.
Render (RNDR) price has displayed massive volatility over the past few weeks, coming on the back of a choppy altcoin market. Over the last day, however, the altcoin has taken to a steep load-shedding exercise that could see RNDR holders suffer grave losses if the immediate support gives in.
Also Read: Render Price Prediction: RNDR bulls prepare to revisit $5.27
Render (RNDR) price has plummeted 8% ahead of the conclusion of the Nosana Compute Client onboarding voting. The event is part of a proposal to onboard Nosana as Render’s fourth compute client. This includes a 30,000 RENDER token grant that passed the initial vote, with the final vote due to end on February 6.
Nosana is a DePIN built atop the Solana blockchain, helping developers and organizations build out and launch AI inference models. Nosana specifically caters to developers of AI inference models and applications. This defines its unique market compared to the other compute clients on the Render Network.
Render price outlook Render (RNDR) price is on a downtrend, down nearly 10% in the last day. If the 50-day Simple Moving Average (SMA) gives way, the token could roll over to the 61.8% Fibonacci level of $3.75. This would denote a 13% fall below current levels.
In a dire case, the slump could see Render price extend a leg lower to the 50% Fibonacci level at $3.27. A break and close below this level would invalidate the prevailing big-picture bullish outlook.
RNDR/USDT 1-day chart
Meanwhile, the Render price sits on the support due to the 50-day Simple Moving Average (SMA) at $4.26. Despite an 8% dip on the day, the odds continue to favor the bulls. This is seen by the position of the Relative Strength Index (RSI) above 50 and the Moving Average Convergence Divergence (MACD) above its signal line (orange band).
Also, the histogram bars of both the MACD and the Awesome Oscillator show large volumes of green histogram bars, adding credence to the bullish thesis.
If the bulls increase their buyer momentum, Render price could pivot around the 50-day SMA, scaling a move north. This could see the cryptocurrency extend to tag $5.27, and even reclaiming the range high at $5.28. A higher high above $5.28 would invalidate the bearish thesis. Such a move would denote a 20% climb above current levels.
[PRESS RELEASE – Amsterdam, Netherlands, June 4th, 2024]
Nosana, a decentralized open-source compute network, today announces a groundbreaking strategic partnership with Matrix One, the pioneering decentralised AI character protocol. This collaboration aims to democratize the creation, ownership, and utilization of AI-powered characters, leveraging Nosana’s advanced infrastructure to propel AI technology to new heights.
Nosana is renowned for providing AI developers and businesses with affordable, on-demand access to GPUs, offering a cost-effective alternative to centralized solutions. By making GPU compute capacity more accessible, Nosana cuts expenses, decreases deployment times, and offers greater flexibility for engineers and companies. This highlights the vast scale and potential of its decentralized physical infrastructure network (DePIN).
By integrating with Matrix One, Nosana will test its platform capabilities, providing Matrix One with access to its advanced GPU grid for extensive computational research and development tasks. This integration will enhance Matrix One’s ecosystem, enabling the creation of more sophisticated and powerful AI avatars.
“Matrix One is at the forefront of democratizing AI characters,” stated Jesse Eisses, co-founder of Nosana. “We are thrilled to power their innovative characters with our decentralized compute capabilities.”
Matrix One offers consumers a groundbreaking approach to AI characters, providing unprecedented access and flexibility.
“Nosana’s decentralized compute network is revolutionizing AI development,” stated Hady Musavi, Head of Community at Matrix One. “Their advanced GPU grid empowers us to create more sophisticated AI characters, marking a significant leap in decentralized technology.”
The collaboration will initially focus on testing the performance and scalability of Nosana’s compute platform. Future initiatives will explore expanding the integration to further enhance capabilities and services. Nosana and Matrix One are committed to open collaboration, reflecting their shared dedication to innovation and the growth of decentralised computing solutions and AI models.
About Matrix One Matrix One is the decentralised AI protocol for developers and creators, offering a suite of modular tools for crafting characters with multimodal perception capabilities that seamlessly integrate into both virtual and real-world settings. Our vision is to make 3D, accessible, interactive, decentralised, and interoperable AI characters available to everyone. We aim to revolutionise digital interactions by creating AI agents that serve as companions, guides, and collaborators in daily life. At Matrix One, we believe in the transformative potential of AI characters to enhance and enrich human experiences across various domains.
Users can learn More about Matrix One: Website | Documentation | Twitter(X) | Discord | Telegram | Blog
About Nosana Nosana is an open-source cloud computing marketplace dedicated to AI inference. Nosana mission is simple: make GPU computing more accessible to all at a fraction of the cost. The platform has two main goals: providing AI users with flexible GPU access and allowing GPU owners to earn passive income by renting out their hardware. By offering affordable GPU power, Nosana enables AI users to train and deploy models faster, without expensive hardware investments, all powered by the $NOS token. Access compute for a fraction of the cost or become a compute supplier at Nosana.io.
Users can learn more about Nosana: Website | Documentation | Twitter | Discord | Telegram | LinkedIn
In the artificial intelligence (AI) sector, the demand for high-performance computing resources, especially Graphic Processing Units (GPUs), is skyrocketing. This demand is shaping a new frontier for the Decentralized Physical Infrastructure (DePin) projects, which focus on decentralizing access to GPUs.
These platforms facilitate broader Web 3 adoption and offer a cost-effective alternative to traditional cloud services.
What Are Top GPU-Powerhouse DePin Projects?Operating through several key stages—data collection and processing, model training, fine-tuning, and model inference—these platforms support a wide range of AI applications. These applications include deep learning, autonomous driving, robotics, and other use cases.
Crypto researcher Layergg notes that DePin projects can provide GPU resources “over 4 times cheaper” than giants like Google Cloud and Amazon Web Services (AWS).
Layergg highlights six leading projects in this space.
Render (RNDR) boasts a fully diluted valuation (FDV) of $4.8 billion and over 1,000 GPUs. Io.net (IO) has over 22,000 GPUs and an FDV of $4.5 billion. Aethir (ATH) has a GPU capacity topping 40,000 and an FDV of $3.3 billion. Akash (AKT) has an FDV of $1.4 billion and 400 GPUs. Netmind (NMT) has 1,956 GPUs and a $1 billion FDV. Nosana (NOS) has an FDV of $360 million and 500 GPUs. Read more: Render Token (RNDR): A Guide to What It Is and How It Works
Comparison of DePin GPU Projects. Source: LayerggThe decentralized computing model provides a significant cost advantage, thus making it an attractive option for AI/ machine learning enterprises that struggle with the high costs of GPU resources. Consequently, there is an increased emphasis on computational power as the primary bottleneck to AI progress.
However, challenges such as transparency in GPU power claims have raised concerns. This points to a broader issue of credibility and accountability in the decentralized computing space.
“It’s CePIN.. not DePin if you really can’t prove your GPU count on-chain,” on-chain analyst Hitesh Malviya critiqued.
Despite these challenges, the potential for decentralized platforms to dominate the market remains high. Furthermore, another analyst, Prithvir believes that among the projects, Aethir, Akash, and io.net are best positioned. However, he notes that Akash, despite being a stalwart in the space, faces challenges in expanding its GPU capacity compared to its counterparts.
Read more: Which Are the Best Altcoins To Invest in June 2024?
In terms of market dynamics, IO and ATH are viewed as potential high performers.
“I believe that IO and ATH could both see massive runs. I think these could be similar trades to Celestia (TIA). $10 billion FDV could be a reasonable ceiling for IO and ATH. The upper limit would be $20 billion,” Prithvir said.
[PRESS RELEASE – Amsterdam, Netherlands, June 18th, 2024]
Nosana, an open-source cloud computing marketplace dedicated to AI inference, today announced a new partnership with AlphaNeural, a company building a groundbreaking decentralized marketplace for AI models and datasets.
This partnership aims to create a more inclusive and collaborative AI ecosystem by combining AlphaNeural’s innovative platform with Nosana’s high-performance GPU infrastructure.
Building a Sustainable AI Ecosystem
Traditionally, access to powerful computing resources has been a major barrier for aspiring AI developers. AlphaNeural’s platform will eliminate this hurdle by leveraging Nosana’s extensive network of GPUs. This will empower AlphaNeural’s users to train and run powerful AI models, fostering a more inclusive and collaborative AI ecosystem.
Nosana x AlphaNeural Integration
Nosana will serve as AlphaNeural’s trusted compute provider, offering a suite of services to streamline their operations:
Access to Powerful GPUs: AlphaNeural will benefit from Nosana’s extensive network of GPUs, enabling them to support a wide range of AI models. Expert Guidance: Nosana’s team of AI specialists will collaborate with AlphaNeural to optimize their model deployments. Seamless Integration: Nosana will provide AlphaNeural with the necessary tools and technical support to integrate Nosana’s compute resources directly into their platform. A Shared Vision for the Future of AI
Both Nosana and AlphaNeural are committed to democratizing access to AI tools and resources. This partnership represents a significant step towards achieving this goal.
“Nosana’s and AlphaNeural AI are fully aligned on our shared vision to democratize access to cloud computing and AI,” says AlphaNeural AI Co-Founder & CEO Ash Eryani. “With our partnership, our users get access to Nosana’s GPU grid to run their inference workloads in the most cost effective way.”
Looking Ahead
Nosana is excited to collaborate with AlphaNeural and witness the transformative potential of their decentralized AI marketplace.
“At Nosana, we’re firm believers that AI should be shaped by everyone, not just a select few, and AlphaNeural is taking a major step towards this goal. By using Nosana’s vast GPU grid to power AlphaNeural’s decentralised AI-marketplace, we’ll unlock the potential of AI for a wider audience than ever before.” – Jesse, Nosana Co-founder
About AlphaNerual AI
AlphaNeural AI is a decentralized AI marketplace built on Solana. Our platform allows seamless collaboration between developers, data scientists and companies. Built to exchange data and AI models in a secure, privacy assured way, AlphaNeural AI expands access and innovation in AI.
Whether you’re an individual, a startup looking to innovate or an established company exploring AI integration, our tools and community are engineered to help your projects forward while incentivizing everyone with our token economy.
About Nosana
Nosana is an open-source cloud computing marketplace dedicated to AI inference. Their mission is simple: make GPU computing more accessible to all at a fraction of the cost. The platform has two main goals: providing AI users with flexible GPU access and enabling GPU owners to monetize their hardware by renting it out.
By offering affordable GPU power, Nosana enables AI users to train and deploy models faster, without expensive hardware investments, all powered by the $NOS token. Access compute for a fraction of the cost or become a compute supplier at Nosana.io.
Anticipation is mounting as crypto analysts foresee a decentralized physical infrastructure network (DePin) supercycle. This surge, driven by advancements in Web3 and artificial intelligence (AI) technologies, is reminiscent of the Internet’s rapid adoption in the early 1990s.
With DePin leading the charge, a transformative era seems imminent.
Which Are Top Altcoins For DePin Supercycle?After Bitcoin hit an all-time high in March, the crypto market has been choppy. Many believe that a supercycle will be imminent once Bitcoin ends its consolidation period.
“A DePin supercycle is upon us. We are entering a golden age where Web3 projects significantly enhance the growth of Web2 platforms,” crypto researcher Emperor Osmo said.
His sentiment is widely shared, with DePin poised to decentralize real-world applications that have been dominated by major firms like Amazon Web Services (AWS), Google Cloud, and Cloudflare.
Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?
Moreover, the DePin market is currently most active in the AI sector, which is undergoing exponential growth. As AI models become increasingly complex, the demand for GPUs has surged.
Hence, Emperor Osmo believes that projects like io.net (IO) and Aethir (ATH) are crucial in securing substantial market shares early on. These platforms are thriving by replicating the network effects observed in Web2 successes, such as Uber and Airbnb.
Cyril, a DeFi analyst, also talks about the potential of integrating DePin with AI. He specifically points to altcoins poised to make significant impacts during 2024’s altcoin season.
Helium’s MOBILE token is at the top of his list. However, the token has been down by nearly 70% since its March 2024 highs.
Helium Mobile (MOBILE) Price Performance. Source: TradingViewNext are OriginTrail’s TRAC token and Nosana’s NOS token. Both are crucial in developing infrastructures for trusted knowledge and open-source cloud computing markets dedicated to AI, respectively.
Although their smaller market caps suggest higher volatility, the foundational technologies they pioneer are vital for the DePin ecosystem.
Furthermore, Theta Network’s THETA token and the Graph Protocol’s GRT token are noteworthy.
Theta Network is transforming decentralized video streaming. Meanwhile, The Graph is organizing blockchain data to enhance accessibility—a key component for developing efficient Web3 applications.
Read more: The Graph (GRT) Price Prediction 2024/2025/2030
Altcoin Daily has also provided a list of DePin altcoins worth monitoring, including Render (RNDR) and Filecoin (FIL). Each contributes uniquely to the DePin infrastructure, highlighting the sector’s diversity. These tokens highlight the growing integration of blockchain technology in real-world applications.
In an interview with BeInCrypto, Odeta Iseviciute, the COO at NeurochainAI, discussed other promising DePin altcoins.
“Many good projects have jumped on this trend. In addition to seemingly the biggest players in AI compute market that boast of large numbers of GPUs connected, we have quite a few interesting projects to watch. Gensyn is trying to fundamentally change the way the compute is done on an internet protocol level. Akash Network and GPU.net are both hard at work connecting GPUs and onboarding customers. We also have projects like Grass which aims to utilize the unused internet for scraping and training AI models,” Iseviciute told BeInCrypto.
Amsterdam, Netherlands, September 20th, 2024, Chainwire
Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.
Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.
“When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”
Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.
What Nosana’s Mainnet Brings
Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:
Nosana Console: A sleek and refined UI for seamless management of AI inference jobs. Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network. Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing. Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network. Unrestricted GPU Grid Access: Clients will have full access to Nosana’s decentralized GPU network, enabling scalable AI operations. “We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.
Test Grid Phase 3: The Final Step Toward Mainnet
On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.
Nosana’s Vision for 2025
The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.
“As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”
Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.
Timeline Overview:
September 30, 2024: Start of Test Grid Phase 3 January 14, 2025: Nosana Mainnet Launch Q2 2025: Global Hackathon for AI applications on Nosana’s network About Nosana
Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
[PRESS RELEASE – Amsterdam, Netherlands, September 20th, 2024]
Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.
Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.
“When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”
Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.
What Nosana’s Mainnet Brings
Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:
Nosana Console: A sleek and refined UI for seamless management of AI inference jobs. Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network. Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing. Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network. Unrestricted GPU Grid Access: Clients will have full access to Nosana’s decentralized GPU network, enabling scalable AI operations. “We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.
Test Grid Phase 3: The Final Step Toward Mainnet
On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.
Nosana’s Vision for 2025
The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.
“As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”
Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.
Timeline Overview:
September 30, 2024: Start of Test Grid Phase 3 January 14, 2025: Nosana Mainnet Launch Q2 2025: Global Hackathon for AI applications on Nosana’s network About Nosana Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.
