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Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, has remained one of Bitcoin’s (BTC) most vocal advocates, standing firm in his bullish stance on the leading cryptocurrency. Early last year, he predicted that Bitcoin would surpass $100,000 in 2024, driven by surging demand for Bitcoin exchange-traded funds (ETFs).  Looking ahead, he believes pro-crypto policies under the Trump administration could propel Bitcoin to double its value by 2025, further highlighting his confidence in BTC’s long-term potential. Picks for you Tether could need to dump part of its $8 billion Bitcoin holdings – What’s next for BTC and USDT? 2 hours ago R. Kiyosaki warns to ‘prepare for a market crash, depression, ...

Platypus Finance, a decentralized finance protocol on the Avalanche blockchain, has recovered 90% of its assets following a recent security breach involving flash loan attacks. Platypus Finance, a DeFi protocol operating on the Avalanche blockchain, announced the recovery of 90% of the assets lost to a security breach last week. On Oct. 12, the platform fell victim to three flash loan attacks, which resulted in the theft of $2.23 million. A flash loan attack is an exploitation in which hackers manipulate vulnerabilities to borrow cryptocurrency without the requisite collateral, effectively draining the protocol of its assets and causing bad debt for its users or treasury. 2/ Along with the recovery on Oct 12, over 90% of the funds have been recovered. The net loss has been minimized to approximately 18k AVAX. We will release further information on withdrawal arrangement as we progress. — Platypus (+🦦+🦫) (@Platypusdefi) October 17, 2023 By Oct. 17, the protocol’s develop...

CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to-earn” model launches in an attempt to bring Web3 elements to existing Web2 frameworks.  In an announcement, the CurateDAO team told Cointelegraph that they’ve launched a Pinterest-like database platform on the Avalanche (AVAX) blockchain. Similar to other “to-earn” models, users can be rewarded with crypto tokens for performing tasks. In this case, the task given to participants is contributing their curated lists to the project’s database. There are different roles within the project's ecosystem. This includes curators, which will mint and set rules for a database, a scout who will find and contribute content that aligns with the database rules and viewers who participate by looking...

The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users. USD Coin (USDC) issuer Circle has released a beta version of a multi-party computation wallet (MPC) service, according to an Aug. 8 announcement. The new service will allow developers of DeFi apps, Web3 video games, e-commerce services, and other blockchain applications to create customized wallet s specifically for their users. It will be available initially on Ethereum, Avalanche, and Polygon. Building crypto apps is still too hard. Plus, less than 0.5% of the 100 million developers worldwide are actively building crypto apps today. This needs to change. Our new wallet -as-a-service developer platform is a huge step in that regard. Check it out https://t.co/ku9LTz8Z97 — Patrick Hansen (@paddi_hansen) August 8, 2023 MPC wallet s are secured by splitting the user's private key into multiple shards and distributing them through a decentralized network. It’s a ...

Solana’s landscape continues to evolve. DEXs and NFT markets initially had the baton. However now, it seems like “emerging consumer applications” are on center stage. Affirming the same, a recent Messari research highlighted, “The rise of gateway interactions from gaming applications and the introduction of new consumer platforms indicate a changing user preference.” As shown below, consumer apps have been able to gain over 1/10th of the user share over the past six months. Currently, they command a 28% share in the ecosystem. Other sectors have also noted improvements. However, their intensity hasn’t been as high as consumer platforms. Source: Messari Well, Solana has been able to successfully attract new users. However, there remains a challenge. The network has not been able to retain users over the long term. As chalked out below, Solana’s retention curve has been sloping downwards. In fact, when compared to its peers, its rate is the lowest. On the other hand, netwo...