Author: Anmol Khatiwada

Arkham Intelligence Launches Perpetual Futures Exchange with On-Chain Auditing and Rewards Program

Summary

Arkham has just dropped a new perpetual futures exchange going live next week. Users will now be able to trade spot and futures with full on-chain proof of reserves. Sign ups are available now and users can earn Arkham Points for trading now, which can later be redeemed for Arkham tokens. However, U.S. users are blocked from these services.

Blockchain analytics firm Arkham Intelligence has finally broken silence by announcing the launch of their new perpetual future exchange. This exchange is set to go live by next Wednesday. This perpetual exchange will offer users a platform to trade spot and perpetual futures. As said in an announcement, they will provide an on-chain auditing and traceable proof of reserves which helps keep things organized and secure.

Plus, they are also launching rewards system where users can earn Arkham Points based on their trading volume, and this feature is even better for VIPs as they get extra 10% boost. One can swap these points for ARKM tokens after 30 days of trading. Arkham’s really stepping up their game lately, from dropping their own token (ARKM) to being ranked among top 150 cryptos.

As of November 7 2024, the ARKM token is priced at $2.10 with a 24 hour trading volume of $206,169,606. This indicates an increase by 0.36% since yesterday and a whopping 32.00% increase since past 7 days. With a circulating supply of about  300 Million ARKM tokens and a market cap of almost $623,895,694 Arkham is placed comfortably on top 150 list of world’s top cryptos. Also being backed by billionaires like  Peter Thiel and OpenAI CEO Sam Altman this platform is not slowing down anytime soon.

Read similar topic: OpenAI expands globally: Singapore is next

Aptos Surges 21%: Is Continued Growth Ahead for APT?

Summary

APT just flipped bullish after hitting a major Fibonacci zone and things look more spicy as we head towards more upside! This on chain data is absolutely on fire, with the network also staying super active. This proves hype around Aptos is real and all the buzz and price pumping are not all big talks. Its clear APT is not stopping anytime soon if these activity keeps up. If you’re looking for a token with serious potential, Aptos is lowkey becoming the one to watch right now.

Aptos (APT) is a blockchain platform that is designed to be fast, scalable and secure. Its well known for its low latency and high throughput which overall aims to improve decentralized applications (dApps) and overall blockchain performance. APT, the ticker symbol for Aptos has recently been eyeing on a bullish trajectory since mid-September.

After its bearish retracement on October, APT has managed to pull back 30% of whatever it had lost. However, the pullback concluded at a noteworthy price range. Many suspected it has hit a Fibonacci retracement which means that after hitting a certain low it was sure to go on a bullish pivot. Same thing happened with Aptos, as it dropped as low as $7.74 earlier this week but right after that it reached a bullish pivot. The cryptocurrency has since rallied by roughly 21% to its $9.38 press time price. Despite the recovery, APT still had a 19% upside to go before reaching its October lows.

As of November 7 2024, the price of Aptos’s APT is $9.74 with a 24 hour trading volume of $452,804,490. It has experienced nearly 5% growth since the last 24 hour and a total 4.23% increase since last 7 days. With its circulating supply of 520 Million APT and a market cap of  $5,058,986,184, APT sees bright future ahead.

Read similar article : Trump Victory Creates Over 11K New Bitcoin Millionaires

Layer 2 Network Taiko Achieves Remarkable 1,000% Growth in TVL on Ethereum

Summary

Taiko’s Ethereum Layer 2 network is going absolutely bonkers right now! Its total value locked (TVL) shot up by over 1000%, reaching a crazy height of $81 million. That’s not it, as their daily transactions have also skyrocketed to 5 million which indicates more people joining in on Ethereum Layer 2 to make their lives easier through faster and cheaper transactions. Taiko’s big numbers are huge flex in the L2 game and signals huge adoption in the Ethereum ecosystem.

Taiko is an L2 scaling solution for the Ethereum Blockchain. In simple words, its designed to make transactions faster and more affordable while keeping Ethereum’s security and decentralization. Reports say it has seen major growth over the last month, according to DefiLlama, the total value locked on Taiko has increased more than 1,000% which led it to reach cross its all time high and stay at $81 million.

Main reason behind this is its big moves on Ethereum’s Layer 2. Its native decentralized exchange (DEX), Panko Finance, and lending platform Avalon Finance are leading the charge and reports say each of these platforms holds over $30 million in total value locked (TVL). According to a report Taiko network has crossed a record breaking 5 million transactions on November 4 2024. Well, this just shows how popular its becoming with both users and investors. Its clear Taiko is becoming an obvious go-to for anyone looking to seriously scale on Ethereum Layer 2.

Read how: Trump Victory Creates Over 11K New Bitcoin Millionaires

AI Agents Take on Minecraft: SingularityNET’s Proto-AGI Learns in Virtual World

Summary

SingularityNET and ASI alliance has dropped a next-generational experiment, a self-learning robot, or proto AGI that learns and levels up in minecraft by itself. They are currently testing on how this AI could think and learn like us humans. Its just like giving an AI its own playground and us monitoring over it to see how it adapts to its environment. The experiment’s pretty wild and could be a huge step towards building smarter and more ethical AI in real life.

A decentralized artificial intelligence network called SingularityNET and the ASI Alliance, also a team focused on advancing artificial superintelligence have together lunched their first self-learning proto-AGI within Minecraft. This AI could be very powerful if it works as expected in minecraft.

So basically, this AI is let to play minecraft and explore its features on its own. Minecraft is a survival game, in which users are spawned in a random terrain with absolutely nothing. Users then have to navigate through the world find essentials for survival by themselves. This proto-AGI launched by SingularityNET and ASI alliance is supposed to navigate their way to survival by itself.

This sort of AI is called Autonomous Intelligent Reinforcement Inferred Symbolism (AIRIS), it functions outside of its pre-set rules and hence evolves as it encounters new challenges. An ASI Alliance spokesperson quoted minecraft is perfect fit for this purpose. This working style of AIRIS aligns well with Minecraft’s open-ended, unpredictable sandbox world, providing an expansive environment for which the proto-AGI can test the limits of autonomous AI learning.

If this functions as expected, it will be a huge leap for artificial general intelligence development as this same AI could be placed in real life scenarios and it could find a solution that we couldn’t.

Read how SingularityNET Revolutionizing AI with Adaptive Learning

Polkadot Teams Up with SP Negócios to Boost Crypto Economy Growth

SP Negócios, São Paulo’s agency for boosting investment and exports has teamed up with Polkadot to spark innovation in São Paulo’s crypto scene. Polkadot is really stepping up as a key player with its secure and transparent platform. Experts have even predicted a potential 300% surge of this token in near future.

After this team up, people and companies on São Paulo will have full access, starting this December, to free blockchain programming training from Código Brazuca. Its reportedly open to absolutely everyone, even people with zero prior experiences.

A decentralized business developer at Polkadot, Gustavo J. Massena believes this partnership will train blockchain programmers and bring techs closer to all kinds of businesses in São Paulo, and this will be for everyone from startups to well established businesses. SP Negócios also believes this will make the city a go to hub for blockchain and crypto innovation.

This collab is benefitting both sides, for Polkadot, it increases adoption of its technology and is also very beneficial for its brand reputation and trust. As for São Paulo, this collab is a major boost for its tech scene. The city will now attract new investments, help in upbringing of startups and most importantly solidify São Paulo’s status in the blockchain world.

Blockchain is already shaking things up in areas like DeFi, NFTs, and asset tokenization, and this partnership aims to fuel even more growth.

AI Tokens Surge as Nvidia Overtakes Apple in Market Valuation

Summary

AI tokens are absolutely popping off right now and a lot of the hype can be credited to Nvidia, which has once again passed Apple on market cap. This is the second time Nvidia has pushed further than Apple and now the AI crowd is stoked. This really sets a strong base for the future of Nvidia where it rules over AI and GPU game.

Reports on Tuesday say market cap of Nvidia reached $3.43 trillion which is a nick above Apple’s $3.4 trillion market cap. Nvidia has done it two times now and the whole AI segment is thrilled about it.

AI tokens Surge

NEAR’s up 13.7% in the last 24 hours. As of November 6 2024, whole AI token market’s worth around $33.92 billion, with NEAR holding a $5.12 billion stake. One major reason behind this positive pumps in AI tokens is US election projections. Trump, who has always talked positively about advancing crypto further, has sat on his throne in the White House. It will surely bring crypto-friendly vibes all around the globe in the future.

Additionally FET (Artificial SuperIntelligence Alliance) is up by 22.64%, Injective (INJ) has also jumped by 22.43% are two of the most gains made by AI tokens. FET’s at $1.40 and aims to touch $2 mark by the end of December and INJ’s trading at $20.54 which could potentially hit $22.63 which is a leap by 28.56%.

Some other AI tokens like Internet Computer’s $ICP, TAO and Render have also experienced major boosts. AI tokens fueled by Nvidia see this common trend of surging which is most probably because of its fast-evolving tech. Meanwhile Apple is focusing on its Apple Intelligence suite to stay in the game.

The AI token space is also looking to change fast with its new integrations and debates on data privacy and computational power. Plus Trump’s pro-crypto stance could bring even better regulations in the future.

Read how Wiz Khalifa’s Socials Hacked in New Scam Promoting Phony WIZ Meme Coin

Wiz Khalifa’s Socials Hacked in New Scam Promoting Phony WIZ Meme Coin

Summary

Famous rapper Wiz Khalifa’s socials got jacked by scammers and hyped up some crazy meme coin called WIZ on pump.fun. Crypto sleuth ZachXBT suspects this hacker might be same hacker that snatched Truth Terminal founder’s account too.

On November 4, blockchain detective ZachXBT dropped a screenshot in his Telegram channel, showing a deleted sketchy post from Wiz Khalifa’s X account which was hacked during that time. Wiz Khalifa has about 35.7 million followers, so that scam post got massive reach in a very short time resulting in some people losing money to it. ZachXBT warned followers to not blindly follow such posts quickly as there is high chance of big profiles getting hacked.

The hacker on a now deleted X post, promoted a token called $WIZ which was a pump.fun meme coin and assured users it was safe to buy by saying it was based on Solana. ZachXBT told in his group members to not buy Wiz Khalifa token on pump fun and further claimed this might be the same hacker that hacked Andy Ayrey the other day.

As reported by DEX Screener, the WIZ meme coin boomed by almost 2000%. This led it to hit over $2.5 million in market cap within just 15 minutes after launch. But things didn’t remain this bright for long as early holders quickly dumped loads of the token and the market cap crashed below $28,000 within an hour. This is always what usually happens in such sketchy tokens. As the time of writing, WIZ went down by 90% in the last 24 hour and its market cap is sitting at a tiny $7,900.

Since the meme coin posts got wiped away, Wiz’s account has gone silent. There are no updates on whether his account even got recovered or not. While the hacker’s ID is still missing ZachXBT seems very convinced that its same person that hacked Truth Terminal developer Andy Ayrey’s account recently.

Read more about truth terminal : Top AI Bot Truth Terminal Struggles to Go Live with Its Own Website

Hamster Kombat Faces Major Decline, Users Drop 86% Amid Controversy and Criticism

Summary

Hamster Kombat, once, one of the most popular Telegram tap to earn game, just took a massive hit. According to recent reports, number of active users dropped like crazy, from 300 million to just mere 41million. Yep, that’s 86% plunge in just few months.

A report made by Protos highlighted on how Hamster Kombat’s user count has fallen down significantly over the recent months. Hamster Kombat is basically a tap to earn platform available on Telegram. Players control a virtual hamster and battle against another player controlling their virtual hamster, its kinda like a Pokemon game but here players can earn actual money. Its basic play style goes, “you tap, level up and collect rewards”. This easy setup made it quickly appealed by lots of users and its player count was super high at one point but as of recent it is seeing major decline in active players. Its active player count once hit an all time high of 300 million, but now its just 41 million which indicates a major decline. In August, active players totaled 87 million, briefly rising to 94 million in September before falling to 55 million in October, with finally it declined to 41 million by November.

Russian expert Viktor Pershikov earlier warned about players about the games sustainability and noted that many users had unrealistic expectations of rewards. This might be one of the main reasons why its slacking off. Further fueling negative sentiment, Russian official Anatoly Aksakov criticized Hamster Kombat, labeling it “manipulative” and potentially misleading to players.

This had everyone freaked out, which led to Hamster Kombat responding with a disclaimer making it clear they’re not vibing with Gotbit, a firm the SEC called out for sketchy market manipulation moves. Despite this it looks like nothing can save the downfall of Hamster Kombat.

Read similar article: TON Blockchain Sees Sharp Drop in Daily Active Users

Bitcoin Surges as Election Day Voting Boosts Market Hype

Summary

Crypto prices absolutely spiked Tuesday night, with Bitcoin smashing a new all time high. It managed to get as close as staggering $75K as U.S. election votes rolled in. Analysts believe no matter who sits on the White House, BTC is not backing down. Even so, we might see some short term bumps along the way.

Cryptocurrency prices looking good right now as its market cap spiked this late Tuesday, coincidently U.S. president elections also started the very same day. The top crypto platform Bitcoin even managed to hit its all time high of nearly $75,000 and analysts are strongly claiming bitcoin will continue to surge no matter who wins the sits on the White House but we might expect some minor bumps here and there.

There has always been a lot of uncertainty in the global markets during US election and its no different this time. People have started to become concerned about whether these volatility are short term or not. A renowned financial firm, Bernstein predicts Bitcoin could hit $200,000 in 2025 and that too regardless of the outcome of Tuesday’s election.

Justin Kruger and LMAX expect a stellar performance from Bitcoin during Q4, setting the stage for a record high by reaching as high as $100K by late December. This will result in a solid start of next year for this top crypto token.

There is history of Bitcoin popping up during the time of election. At 2012, Bitcoin’s price skyrocketed about 12000% between Nov. 5, 2012 and November 2013. Following next election in 2016, it got about 3,600% surge by December 2017. At 2020, even midst of covid, Bitcoin railed 478% in 12 months following the election. Considering these trends experts predict this time it could reach almost $103K by the end of Q4.

Read more about Bitcoin: exSat Network Launches Bitcoin Staking Services for BTC Holders

AI-Powered Phishing Scams Take Aim at Crypto Users

Summary

Kaspersky’s AI Research Center says that cybercriminals are using Large Language Models (LLMs) to pump out tons of phishing and scam content. Their goal is simply to produce fake websites, especially to steal from crypto investors and wallet users. But there’s a trick that helps us differ these sites from actual legit ones.

Experts from Kaspersky’s AI Research Center claims to have discovered an increase in the use of Large Language Models used by cybercriminals, in order to scam people using large-scale scam and phishing attacks. They say these websites are created in bulks and every single one of them is specifically designed to lure the investors into their scam. But there’s a kick: every such website contains a distinguishable artifacts such as AI-specific phrases which makes them a bit easier to avoid. Reportedly, most of these phishing websites target users of cryptocurrency exchanges and wallets.

A big giveaway of such AI created sites is using phrases such as “As an AI language model…” and refusal to do certain tasks like, acting like a search engine or logging into sites, which are showing up on fake crypto sites targeting KuCoin, Gemini, and Exodus users. Another major giveaway is using phrases like “While I can’t do exactly what you want, I can try something similar,” this feels really obvious machine-made style of talk. According to Vladislav Tushkanov, threat actors can now pump out lots of these scam pages quickly with AI, filling entire sites, text, and even hidden tags with these tells.

But lately, cybercriminals have started to throw in non-standard symbols to dodge detection. Tushkanov further said that these AI powered scams are evolving rapidly, there are even records of AI writing malware scripts on their own, one way to defend is to catch AI made mistakes but even so, advanced security tools are must use. To stay safe, always double check links, type site addresses manually and only use modern security software.

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