Category: Web3

Pi Network Launches Lockup Option to Enhance Mining Rewards

Pi Network just dropped a lockup feature to boost mining rewards for users on the Mainnet. From July 5 of this year, you can lock up to 200% of your Pi tokens right in your wallet. It’s super easy, all you have to do is set it, lock it, and enjoy higher mining rates instantly while helping the ecosystem grow.

Big news, Pioneers! Pi Network has rolled out a new feature that’s a total game-changer. Starting after July 5 if you’ve migrated your Pi tokens to the Mainnet, you can now use the lockup feature to score boosted mining rewards. Yep, that’s right, your Pi stash can work even harder for you.

So, one may wonder what’s the deal, well, the lockup feature basically lets you secure a chunk (or all) of your migrated Pi tokens and get a sweet boost in your mining rate. Its also super simple to follow, just open your Pi Wallet, go to the “Lockups” section, hit “Create New Lockup,” and set how long you want to lock those tokens. Once it’s locked, you’re in it till the timer’s up. Your mining rewards will start leveling up in the very next session.

Now, here’s the flex: you can lock up up to 200% of your migrated tokens. That means double the rewards and double the hype. This isn’t just about stacking Pi faster but it’s also about helping Pi Network grow into the utility powerhouse it’s aiming to be as it gears up for its open network phase.

Pi Network’s been cooking this up since the 2021 whitepaper, and now it’s live just in time for Altseason. The Core Team says this feature is all about keeping things stable and thriving while rewarding Pioneers who are here for the long haul.

So, are you ready to lock it down and max out those rewards? Time to boss up your mining game.

Read more: Bitcoin OGs Stay Cool While Newbies Cash Out $2B in One Day

Jupiter Launches Voting for Huge ‘Jupuary’ Airdrops on Solana

Jupiter’s “Jupuary” airdrop on Solana is about to begin. 700M $JUP tokens are already up for vote as we write. The main objective is to encourage decentralization and the overall community involvement. A significant precedent for DeFi governance will be set after the first round goes live if the vote reaches 70%. This November is the last day to vote.

Jupiter, the decentralized exchange on Solana, just kicked off voting for its massive “Jupuary” airdrop. Its set to give away 700M $JUP tokens in two rounds. The goal is to get the community involved and make governance more decentralized. To move forward, the vote needs at least 70% approval from the community.

Voting is happening right now (Nov 25–29) and is already making history. This is the first-ever DAO vote with live and verified feedback from real voters. If it hits the 70% mark, one round of token distribution will go live, with more rounds depending on future votes.

The whole point of this is to give the community more power and make $JUP a key player in DeFi governance. While this isn’t Jupiter’s first airdrop, it’s by far the biggest. Everyone’s watching to see if this sets a new bar for large-scale token drops.

Following a huge $1.4 billion worth of $JUP tokens up for grabs now, and the vote still ongoing, this endeavor may be setting a new benchmark for decentralized enterprises. If successful, it will undoubtedly strengthen $JUP’s position in the Solana ecosystem and increase overall community involvement.

Read more: Senator Proposes D.O.G.E. Plan to Save $2 Trillion for U.S. Taxpayers

Senator Proposes D.O.G.E. Plan to Save $2 Trillion for U.S. Taxpayers

In short, ahead of Trump’s launch of D.O.G.E., Senator Ernst spilled the tea on how Elon Musk and Vivek Ramaswamy could save $2T in taxpayer cash. From cutting ghost workers and taxing federal slackers to slashing wasteful projects like Cali’s $144B trains, Ernst is all about axing waste and fixing Washington’s bloated budget.

With Trump’s presidency kicking off, all eyes are on the upcoming launch of the Department of Government Efficiency (D.O.G.E.). Senator Joni Ernst just dropped some spicy details about how Elon Musk and Vivek Ramaswamy, the brains behind D.O.G.E., plan to cut over $2 trillion in government waste.

Ernst took to X to share her ideas on trimming the fat in Washington. One big issue however, were these ghost workers. The government is burning $15.7 billion on barely used buildings while 150,000 federal employees owe $1.5 billion in back taxes. Yikes. She also called out remote work abuse, saying too many people are taking advantage of those policies without putting in the work.

And let’s talk wasteful spending. Ernst didn’t leave a chance to roast President Biden for dropping $7.5 billion on EV charging stations and $42 billion on rural broadband that have delivered well, zero results so far. Oh, and those California trains? They’re costing taxpayers a jaw-dropping $144 billion, and Ernst says it’s time to hit the brakes.

Her message is straight forward: D.O.G.E. is here to chop Washington’s bloated budget and make every taxpayer dollar count. With Musk and Ramaswamy in charge, expect bold moves and some serious efficiency upgrades.

Read more: UK Launches Defense Lab to Counter Russia in AI Arms Race

UK Launches Defense Lab to Counter Russia in AI Arms Race

The UK is dropping £8.22M on a high-tech AI Security Lab to shield against cyber threats and also some shady moves, like Russia’s AI-powered drone warfare. Partnering with NATO, some top universities and defense pros. It’s a power move to boost cyber defenses, protect allies, and flex against Russia’s actions online and off.

UK is absolutely set on gearing up to launch a next-level AI Security Research Lab (LASR) with £8.22M funding to guard against cyber threats and protect allies. This new lab will unite experts from tech, academia, and the government to tackle how AI shapes national security, because hey, let’s face it, AI’s not just a tool anymore; it’s a weapon in the wrong hands.

With Russia’s overpowered AI drone warfare shaking things up in Ukraine, NATO is on high alert and the now UK joins the game. Their lab’s mission is more than just tech though, it’s more inclined on keeping Britain and its NATO pals safe while navigating the AI arms race. Human rights groups are already calling out autonomous killing machines, but for now, the UK is focused on staying ahead of the game.

At the NATO Cyber Defense Conference, the Duchy of Lancaster summed it up: “If AI is evolving, so are the threats.” Big players like GCHQ, the National Cyber Security Centre, and top universities like Oxford are teaming up for this. The message is clear: the UK is watching Russia’s every move—on the surface and behind the scenes.

This isn’t just about defense; it’s about showing strength and standing up against attacks. It’s also a flex for the UK’s cyber future, linking to new laws like the Cyber Security and Resilience Bill and upgrading data centers to critical infrastructure.

Bottom line? The UK isn’t just reacting; it’s leading. In a world where AI is changing the rules, Britain is making sure it’s ready to play—and win.

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Revolutionizing Crypto: KOLZ Brings AI-Powered Influencer Clones to Trading

Summary: KOLZ is flipping the sides of crypto game by using AI to create replicas of top influencers like Ansem and Lucky, giving traders real-time strategies. Furthermore, it’s not just about trading, users can even vibe with these AI personas on everything. With success stories rolling in, KOLZ is ready to drop big at its IDO on November.

KOLZ is really shaking up the crypto trading scene by combining two exciting entities AI and influencer expertise, ultimately offering users real-time access to AI-powered replicas of top crypto influencers like Ansem, Lucky, and Vass. These AI clones aren’t just for show and they do provide tailored strategies and insights, helping traders make smarter, more informed decisions.

The platform is especially designed to feel like you’re talking to a real expert. These AI replicas mimic the trading strategies and personalities of their influencer counterparts, making the experience more authentic and personalized.

Also read: ETH Soars Past $3,500: Is $4,000 the Next Target?

Their unique approach has already led to success stories. One user, RWZ118, reported a $10,000 gain after using Mando’s AI replica to spot a profitable trading opportunity. These real-world results demonstrate how KOLZ’s AI-driven insights can make a real impact on trading outcomes.

Excitement is building around KOLZ’s upcoming Initial DEX Offering (IDO) on November 27, following a successful pre-sale that raised over $200,000. As the platform gains traction, it’s positioning itself as a key resource for both new and experienced traders.

With its blend of AI and influencer-driven strategies, KOLZ is setting a new standard for personalized, real-time trading in the crypto world. This is just the beginning, and KOLZ is ready to lead the way in revolutionizing Web3 trading.

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Vitalik Buterin Warns: Crypto Needs to Evolve to Compete with AI

In short, Vitalik Buterin slammed OpenAI for ditching open-source values, calling it “CloseAI,” and warned that the crypto business must evolve or risk losing talent to AI hype. He urged merging blockchain with decentralized AI to innovate beyond repetitive projects. Despite challenges, he remains hopeful about crypto attracting fresh talent and creating meaningful applications.

Vitalik Buterin, the man behind Ethereum, recently spilled some serious tea about OpenAI and the crypto world during an interview with Tencent News’ “Qianwang.” His main focus was on OpenAI’s recent glow up from an open-source darling to what he ironically quoted “CloseAI,” all for the sake of profits. And, yep, he went there, quoting Benjamin Franklin to hammer his point: “You cannot sacrifice freedom for security. If you do so, you will find that you will lose both security and freedom.” Mic drop.

OpenAI Drama: From Non-Profit to Money Machine

Vitalik didn’t hold back while calling out OpenAI’s leadership shift. Apparently, the CEO Sam Altman took over after some internal drama with the board which led to the turning of once non-profit organization into a for-profit powerhouse. The board? Basically reduced to being cheerleaders in the stands. This evolution, Buterin feels, has made OpenAI less about innovation and safety and more about cashing in.

Crypto’s Glow-Up or Glow-Down?

Switching gears, Buterin threw some shade at the crypto world too. Over the past five years, he feels like crypto’s been stuck in a bit of a rut. The big, world-changing ideas is MIA, he believes. He warned that AI hype could be stealing all the cool, creative people from crypto, leaving behind only stale folks who are just there to recycle old ideas.

But wait, all hope’s not gone. Buterin thinks merging blockchain with decentralized AI or even developing tech that can stand toe-to-toe with AI could be game-changing for crypto. His warning isn’t just about keeping up with the times but its more a call to action for the crypto community to stay bold, creative, and, most importantly, true to its roots.

Read more: Solana (SOL) Surges Past $260 as Binance Coin (BNB) Holds Steady

ETH Soars Past $3,500: Is $4,000 the Next Target?

Ethereum is back on track, breaking $3,500 after months of lagging. Its mainly fueled by alt season hype and Bitcoin’s near $100K surge. Currently trading at $3,490, it’s looking at $4K but it does has resistance around $3,800 to $3,900. With already going massive Bitcoin’s moves and macro trends in play, ETH’s path forward looks promising but volatile.

On the end of November, Ethereum’s token ETH just pulled a major comeback. This sprint comes after long months of feeling left out and is fueled by Bitcoin’s crazy climb toward $100K and the buzz around alt season.

ETH’s Comeback Story

ETH hasn’t seen the $3,500 zone since July, but it’s finally caught up to Bitcoin’s glow-up. Right now, ETH is sitting pretty at $3,490, up a solid 13% in just a week, as per TradingView. Everyone’s now wondering if this momentum will take it to $4K.

This Week’s Price Action

So, what’s next? ETH seems to be chilling in the $3,500 range for now and is likely looking to build up some energy for the next big push. Major crypto Top Gs are eyeing $3,800 to $3,900 as a big challenge. Its kinda like a boss fight on its way to reach the $4K mark. ETH’s gotta bring its A-game to break through.

Here’s the deal, though: Bitcoin’s drama (it’s so close to $100K!) and broader market vibes could mess with ETH’s momentum. Altcoins often ride Bitcoin’s wave, so everyone’s keeping tabs on the bigger picture.

Read more on Ethereum here

The Road to $4K

For ETH to hit $4K, it’ll need some major buying power and a bit of luck from the global economy. Things look good overall, but don’t forget—crypto can be a bit of a rollercoaster. For now, ETH is on the up, but short-term chaos could still shake things up.

The takeaway? ETH is out here making moves, and while the journey might get bumpy, $4K feels closer than ever. Stay tuned!

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NFTs Hit $158M in Weekly Sales, Powered by Ethereum and Bitcoin

NFT sales just hit $158M this week, led primarily by Ethereum ($49M) and Bitcoin ($43M), despite a 12.7% drop from last week. Solana saw a huge spike in buyers aswell, with 185K+ active users. The NFT market’s still strong, closing November with solid momentum after a record-breaking October.

NFTs are still holding strong despite a slight dip this week, with $158 million in sales over the last seven days, according to CryptoSlam. While that’s a 12.7% decrease from last week’s $181 million, the numbers are still looking solid, especially when compared to earlier in November when sales were only around $93 million.

Ethereum continues to dominate the NFT scene with $49 million in sales, though that’s down 25.9% from the week before. Bitcoin NFTs are also holding their own, recording $43 million in sales, though that’s a 29% drop.

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But here’s where things get interesting: Solana, which has been flying under the radar, just smashed it in terms of buyers. With over 185K Solana users actively picking up NFTs this week, which is a 58% jump from last week, its giving off positive vibes all over! In comparison, Ethereum, while leading in sales volume, saw a slight dip in buyer activity.

Other networks like Polygon, Mythos Chain, Immutable, and BNB Chain combined for $35.8 million in NFT sales this week. And although the average transaction value dropped a little, from $133 to $126, it’s clear that interest in NFTs is holding steady.

Looking at the bigger picture, the NFT space is showing some serious resilience. October saw a huge spike in sales, ending a seven-month slump, and now November is keeping the momentum going. Despite the fluctuations, the rise in Solana’s buyers and Ethereum’s continued dominance show that the digital collectible market is alive and kicking.

Despite a minor decline this week, NFTs are still doing well; according to CryptoSlam, sales over the past seven days have totaled $158 million. Even while it is a 12.7% drop from previous week’s $181 million, the figures appear to be stable, particularly when contrasted with sales of only about $93 million earlier in November.

With $49 million in sales, Ethereum is still the market leader in NFT, despite a 25.9% decrease from the previous week. Despite a 29% decline, Bitcoin NFTs are still doing well, with $43 million in sales.

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Solana (SOL) Surges Past $260 as Binance Coin (BNB) Holds Steady

The crypto market’s on the rise, and Solana (SOL) is absolutely crushing it on the game, crossing $260, and Binance Coin (BNB) is just chilling, waiting for its next move. Solana’s hype is real, with predictions to hit $1,000+ by 2025, while BNB might soon break out and hit $1,000.

The crypto market has been on a constant rise of a while now and it continues to grow even bigger everyday. Solana’s token SOL swung high up and soared past $260 recently. Meanwhile, Binance is also preparing itself for a massive jump very soon.

Solana Prediction Till 2025

Solana (SOL) is going off hard right now. It’s been outpacing a lot of top altcoins, with its price skyrocketing 60% this month, crossing $260. Over the past week, it’s up more than 25% and looks set to close above $270 for the week.

Solana may swiftly surpass $300 if it can merely break above $265, which would increase investor confidence. Top cryptocurrency Gs are rather optimistic on it, and indicators like the 20 VWMA and the 14-day RSI are also displaying additional higher momentum.

According to well-known pundits like blue_collarvest, Solana might reach $1,300 by 2025. CryptoYapper predicts that in the upcoming six to twelve months, it will rise between $1,000 and $1,200. Given the increasing interest in memecoins, Solana is among the greatest cryptocurrencies to wager on at the moment.

Binance Coin (BNB): Returning Soon!

Binance Coin (BNB), the top token from the Binance exchange, hasn’t been doing that great this week. Solana has recently passed it, and BNB holders are hoping for a better run ahead. The price went up 7% in the last month and 4% this week, sitting just above $630.

Even though it’s had a slow week compared to coins like SOL, ADA, and XRP, experts believe BNB’s preparing itself for a big jump. Key indicators show it’s trading above important levels, like the 10-EMA ($619) and 10-SMA ($621), suggesting the price might go up soon.

Analysts are still bullish on BNB, predicting solid gains. CryptoFaibik set a mid-term price target of $1,000, while Blockcastcc thinks that if it breaks above $662, it could surge all the way to $1,630, making it one of the top cryptos to watch.

Continue reading: Celestia’s TIA Battles Bearish Trends Despite Rising Active Users and IBC Success

Celestia’s TIA Battles Bearish Trends Despite Rising Active Users and IBC Success

In short, Celestia’s TIA is struggling hard even with a spike in active users, ranking #2 among IBC chains. The market’s vibe is bearish AF, even its price tanked 12% this month and traders stacking short positions. Trading volume’s down nearly 50%, and with such bearish momentum rising, TIA could dip to $3.6 soon pretty quickly.

What Is Celestia, Exactly?

Simply, Celestia is a kind of blockchain that allows data sharing and collaboration amongst other blockchains. Because of its unique flexibility, developers can create their own blockchains on top of it, which helps clear out the hassles of starting from scratch. It enables users to recommend personalized blockchains for particular use cases. Additionally, it facilitates smooth data transfer and interoperability between blockchains through the use of the Inter-Blockchain Communication (IBC) protocol.

TIA’s Current Condition

TIA is Celestia’s native token which is used for staking, securing the network, and paying for transaction fees. It also looks after governance, as holders can vote on protocol upgrades and changes.

The condition of Celestia seems to be rather bearish even with the surge in number of active users. Since last week, it has pulled about 62,650 active peeps and ranked 2nd among IBC blockchains for activity. Even with this positivity, nothing could help from TIA’s price sliding down the charts. Its market cap dropped 6.29% to $2.14B, and trading volume tanked nearly 49%. Open Interest dropped 7.33% to $238.65M, with shorts totally overpowering longs. Longs just got smoked with $941K liquidated, and analysts think the price could tank even more if this keeps up. The market’s just not feeling it right now.

Read more: 15 Charged in U.S. for Laundering Drug Cartels’ Cash via Cryptocurrency.

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