Samsung and Sony have invested in a blockchain startup for Web3 projects

Samsung and Sony have invested in the startup Startale, which is developing an innovative blockchain for Web3 projects. This move highlights the growing interest of tech giants in the future of decentralized technologies.

The startup plans to launch the Soneium blockchain, which will be used by Web3 developers and teams creating cloud services for Startale. Soneium is expected to become a significant platform for building new Web3-enabled applications, providing developers with tools to integrate smart contracts, digital assets, and decentralized networks.

Samsung stated that they chose Startale Labs due to their active participation not only in creating advanced products…

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The Messari report highlighted the stability of Cosmos Hub in the second quarter of 2024

Reflecting the resilience of the ecosystem and its ability to adapt to changes.

Effective governance played a key role in the platform’s development. One of the notable achievements was the Gaia V18 upgrade, which laid the foundation for further improvements in network functionality and performance. Another significant step was the approval of four grants by the Atom Accelerator DAO, totaling $395,000, which opens new opportunities for projects within the ecosystem and stimulates innovation.

The real yield of Cosmos Hub grew by 8.9% compared to the previous quarter, demonstrating significant financial improvements and network resilience in an inflationary environment, where…

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The Tron protocol is showing impressive momentum

It continues to strengthen its position in the blockchain technology market.

Over the past year, the platform’s total revenue reached $1.57 billion, a 115% increase compared to the same period last year. This impressive growth highlights the rapid development of Tron and its growing popularity among users and developers.

In the last month, Tron also delivered outstanding results, recording $226 million in revenue, which is 48% higher than the previous month’s figure. This trend suggests a strong upward trajectory that is likely to continue. Justin Sun, the founder of Tron, expressed confidence in achieving the $2 billion goal by…

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Delays in AI integration may disrupt the “supercycle” of iPhone 16

According to Bloomberg, Apple may face challenges in achieving the anticipated “supercycle” with the launch of the iPhone 16 due to delays related to the implementation of artificial intelligence technologies. The device is set to be unveiled today, September 9, at 8:00 PM.

The term “supercycle” refers to a sharp increase in demand and order volumes for the company’s new smartphone models. It was expected that this effect could significantly boost Apple’s profits, but the issues with AI integration may negatively impact sales momentum.

Experts point out that the delay in rolling out AI features—rumored to include enhanced image…

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Outflows from crypto funds became the second largest this year

This indicates continued pressure on the cryptocurrency market.

From September 1 to 7, investors withdrew $726 million from cryptocurrency investment funds, more than double the previous week’s figure of $305 million, according to data provided by CoinShares.

The main reason for the ongoing negative trend, according to analysts, is the macroeconomic indicators in the U.S., which have increased expectations of a 25 basis point rate cut by the Federal Reserve. However, by the end of the week, the pace of outflows slowed, as new U.S. employment data divided market opinions regarding the Fed’s future monetary policy.

Negative sentiment in…

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Apple Unveils New iPhones with AI

Apple held a presentation of new devices, including the iPhone 16 lineup featuring the Apple Intelligence AI system.

The new generation of smartphones is designed with AI integration in mind. Key features include:

- an updated Siri capable of holding conversations, learning, recognizing speech with pauses, working across all apps, switching between them, and assisting with phone functions;
- intelligent photo search in the gallery;
- built-in emoji and image generator;
- notification prioritization and key data extraction;
- summarizing email content;
- providing information about…

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65% of Investors Hold Cryptocurrencies

This is due to the long-term growth potential.

Gemini has published a study on the adoption of cryptocurrencies. The survey included 6,000 participants from countries such as the USA, UK, France, Singapore, and Turkey.

The study results show that 65% of respondents continue to hold cryptocurrencies, believing in their long-term investment potential. Additionally, 38% of those surveyed view this asset as a hedge against inflation, highlighting its role in modern financial strategies.

The report also addressed the issue of cryptocurrency regulation. Specifically, 38% of respondents from the USA and UK, 32% from France, and nearly half of the participants…

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Bitcoin Mining Difficulty Reaches New Record

During the latest recalculation, Bitcoin mining difficulty increased by 3.58%, setting a new all-time high at 92.67 T. This indicator continues to rise amid growing interest in Bitcoin and the expansion of the network’s computational power.

The average hashrate since the previous adjustment reached 662.34 EH/s, while the block interval shortened to 9 minutes and 40 seconds, reflecting high miner activity. According to data from Glassnode, on September 8, the network’s computational power hit a record 693.9 EH/s, based on the 7-day smoothed moving average. However, this was followed by a slight correction, with the hashrate decreasing to 672.3…

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Bitcoin Hashrate Reaches a New All-Time High

- First, this indicates that the network is now at its highest level of security, reducing the risk of attacks and strengthening trust in the blockchain’s safety.
- Second, the difficulty of mining Bitcoin has also reached a record high, making the mining process increasingly demanding in terms of equipment and energy resources.

Miners must upgrade their equipment and optimize costs to remain competitive as the difficulty continues to rise. Only those who adopt cutting-edge technologies are able to maintain their position in the market.

The increase in hashrate also encourages miners to switch to renewable energy sources to…

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The trader acquired a CryptoPunk NFT for $25,000

Even though its price was $1.3 million

On September 11, an unknown user managed to purchase CryptoPunk NFT #2386 for just 10 ETH (~$24,000), despite its market value being 600 ETH (around $1.5 million).

This profitable acquisition was made possible due to the unique operation of the Niftex platform, which previously allowed expensive NFTs to be split into smaller fractions for easier purchase. CryptoPunk #2386 was locked in escrow, and ownership rights were divided into 10,000 ERC-20 tokens.

After Niftex shut down, interaction with the asset became possible exclusively through the blockchain. The user, who had been closely monitoring…

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In the spring miners began accumulating and selling their assets

This became part of their new asset management strategy in response to the changing market dynamics.

After the halving, when block rewards were reduced, miners faced the need to adapt to declining revenues. Instead of immediately selling their mined bitcoins, they opted to hold onto the assets, waiting for more favorable market conditions to sell them at a better price.

Miners’ revenues significantly decreased after the halving, worsening their financial situation. Faced with the high costs of maintaining mining equipment and operational expenses, they sought new approaches to improve profitability.

In search of a more profitable strategy, mining pools…

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The SEC Acknowledged the Absence of the Term “Crypto Asset Security”

Today, Coinbase’s Chief Legal Officer, Paul Grewal, shared a post on the social network X, revealing an amendment filed by the U.S. Securities and Exchange Commission (SEC) in the lawsuit against Binance. In this document, the SEC expressed regret for any confusion caused by its previous statements that tokens could be considered securities. This acknowledgment marks a significant moment in the ongoing legal battle between the crypto industry and regulators, as it casts doubt on the SEC’s earlier arguments regarding cryptocurrencies.

Ripple’s lawyer, Stuart Alderoty, also commented on the amendment, noting that the SEC has finally acknowledged the absence…

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