Connect with us

Business

Modi’s Key Ally to Act on Adani Only After US Probe Concludes

Published

on


Indian Prime Minister Narendra Modi’s biggest ally has said he will wait for the US prosecution to conclude its probe in the bribery charges against billionaire Gautam Adani’s before taking any action.

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

CryptoCurrency

Long-Term Bitcoin (BTC) Holder Sales Seem to Have Bottomed Out: Van Straten

Published

on

BTC: Long Term Holder Supply (Glassnode)

Long-term holders of bitcoin (BTC) seem to ended their selling spree, a change in strategy that’s helped convert the psychological $100,000 resistance price into a support level for the first time.

With one, short-lived exception, the largest cryptocurrency has held above $100,000 since Jan. 17. The past few days have been extremely volatile due to President Donald Trump’s inauguration, which saw a spike in volatility.

Long-term holders, or investors who have held bitcoin for over 155 days, have been among the biggest contributors to selling pressure on the market, according to CoinDesk research in December. They are deemed “smart money” because they tend to buy when bitcoin prices are depressed and sell into strength, a pattern that’s been observed over the past four months.

Advertisement

In September, this cohort held 14.2 million BTC. It now holds 13.1 million BTC. While the investors held back around the start of the year, sales have picked up again in recent days as the price rose, though at a reduced pace.

The trend to watch out for is when they stop selling. This tends to mark a top in the cycle, which has occurred in 2013, 2017, 2021 and 2024.

Source link

Advertisement
Continue Reading

Business

Canada’s Novacap Closes $1 Billion Digital Fund on AI Investment Trend

Published

on


Canadian private equity firm Novacap Investments Inc. has closed a $1 billion fund to invest in digital infrastructure assets after a two-year process of raising the money.

Source link

Continue Reading

Technology

The critical role of delivering reliable connectivity for thriving businesses

Published

on

Standing strong against hyper-volumetric DDoS attacks

In today’s increasingly connected world, the need for reliable, high-speed internet connectivity is no longer a luxury, but a necessity for both organizations and consumers alike. As more individuals and businesses continue to rely more heavily on digital platforms and technologies, the demand for seamless, secure and robust connectivity has never been so important. For many businesses, connectivity is not just about operational efficiency, it is at heart of business operations, innovation, and security in an age where even minor outages can cause significant disruptions.

This landscape highlights the important role vendors play in ensuring businesses have access to the necessary IT infrastructure and tools needed to succeed. Through focusing on inclusive policies, implementing advanced technologies, and offering tailored solutions, vendors can empower businesses to meet the challenges today’s digital world brings.

Paul Howard

ISP Presales Director at TP-Link UK.

Bridging the digital divide for a more inclusive society

Source link

Continue Reading

CryptoCurrency

Jellyverse Launches its Synthetic Assets Protocol jAssets

Published

on

Jellyverse Launches its Synthetic Assets Protocol jAssets

Sei Network-based (SEI) community-led decentralized finance (DeFi) platform Jellyverse is launching its own synthetic assets protocol, jAssets.

According to a Jan. 21 announcement, jAssets will allow users to mint their own synthetic asset tokens that would approximately track the value of traditional assets. The value of those tokens would be tied to real-world assets like stocks, commodities and precious metals.

Jellyverse moved ahead with the implementation of the new feature following a proposal seeing a positive outcome in an integration vote by the protocol’s decentralized autonomous organization (DAO.) Minting jAssets by locking up crypto as collateral allows for on-chain portfolio diversification.

Benedikt Keck, co-founder at Jellyverse developer Blkswn, explained that the new product will allow for “portfolio diversification in DeFi by offering a range of innovative investment strategies, including long, short, and leveraged positions.” The new synthetic assets protocol also allows for multi-collateral troves, with support for “wETH, wBTC, JLY, SEI, USDC, USDT, FRAX or GEM or a combination of these assets as collateral,” he explained.

Jellyverse relies on decentralized oracles and over-collateralization to ensure that the value of the collateral exceeds the synthetic assets and prevent the protocol from losing assets. The oracles in question are based on Pyth Network (PYTH).

Advertisement

A blockchain oracle is a tool or service that feeds external, real-world data into a blockchain so smart contracts can act on it. Usually, data that is external to blockchains cannot be accessed in the smart contracts that govern the DeFi space.

Oracles serve as a bridge providing up-to-date data — in this case real-worAld asset pricing data. This bridge is also a potential centralized point of failure in a decentralized system, which is why a lot of effort has been dedicated to developing decentralized oracles such as Chainlink (LINK) and Pyth Network.

Jellyverse runs on the Sei Network, a layer one blockchain with parallel Ethereum Virtual Machine (EVM) execution. This allows the smart contracts that the DeFi space relies on to run much faster and allow for faster trades.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Advertisement

Source link

Continue Reading

CryptoCurrency

US court overturns Tornado Cash sanctions in pivotal case for crypto

Published

on

In a win for crypto privacy technologies, a US court in Texas has overturned Tornado Cash sanctions.

Source link

Continue Reading

Business

Gen Zers want to be their own boss. Can Fortune 500 companies woo them back to traditional jobs?

Published

on

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

Source link

Continue Reading

CryptoCurrency

Labour to force grieving military families to pay inheritance tax in ‘corrosive’ rule change

Published

on

Labour to force grieving military families to pay inheritance tax in 'corrosive' rule change

Labour MPs have voted to impose inheritance tax on death-in-service payments for military families for the first time, as part of changes backed by Rachel Reeves.

The new rules will force children and unmarried partners of deceased service personnel to pay death duties on the benefit from April 2027.


Death-in-service payments, which are currently tax-free lump sums given to families of deceased Armed Forces members, will now go into probate if not left to a spouse or civil partner.

The payments typically amount to four times the late individual’s salary and are paid whether the service member was on or off duty at the time of death.

Advertisement
u200bThe Head of the Forces Pension Society has urged the Government to reverse the decision

The Head of the Forces Pension Society has urged the Government to reverse the decision

PA/Getty

Under the changes, military personnel who die while “off duty” – such as from sudden illness or accident – will see their death-in-service payments subject to inheritance tax. Those who die “on duty” will continue to benefit from separate tax-free arrangements.

Advertisement

The new rules mean that payments intended as compensation for families could be reduced by up to 40 per cent in inheritance tax.

Military servicemen and women cannot avoid this tax by putting the payment into trust, as they are part of the Armed Forces pension scheme.

The head of the Forces Pension Society, which represents more than 66,000 members, has written to HMRC urging the Government to reverse the decision.

LATEST DEVELOPMENTS

Advertisement
Mark Francois

Mark Francois said the decision was “deeply regrettable”

GB NEWS

Major General Neil Marshall, chief executive of the Forces Pension Society, warned that the rule change would be “corrosive” and undermine trust among Armed Forces personnel towards the Government.

“If service people are thinking ‘What if? What if? What’s the Government going to do next to undermine the offer to undermine my commitment to service?’ It’s corrosive,” he told The Telegraph.

In a letter to HMRC, Major General Marshall expressed serious concerns about the policy’s impact on military effectiveness.

Advertisement

“Given the high-risk nature of military service… a policy that discriminates against those who are not married or in a civil partnership poses a serious threat to morale, team cohesion and ultimately operational effectiveness,” he wrote.

Shadow Armed Forces Minister Mark Francois also criticised Labour’s inheritance tax changes as “deeply regrettable” and against the spirit of the Armed Forces Covenant.

The spokesman from the Treasury confirmed that existing inheritance tax exemptions would continue for those who die from wounds, accidents or diseases contracted on active service.

A spokesman said: “We value the immense sacrifice made by our brave Armed Forces, that is why existing inheritance tax exemptions will continue to apply, meaning that if a member of the Armed Forces dies from a wound inflicted, accident occurring or disease contracted on active service, they will be exempt.

Advertisement

“Any pension funds left to a spouse or civil partner in this scenario will also be exempt.”

Source link

Continue Reading

CryptoCurrency

What Is Qubic (Qubic) Crypto

Published

on

qubic-logo-crypto

Qubic (Qubic) crypto is a digital coin made by Sergey, a famous person in blockchain. It’s set up as a cool layer-1 protocol, aiming to shake up the usual ways in the cryptocurrency world.

What distinguishes Qubic from other projects is its focus on distributed computing and finance. By leveraging its unique features, Qubic has the potential to make significant strides in these areas.

Key Takeaways

  • Qubic (Qubic) crypto is a project that seeks to enhance blockchain technology through the integration of artificial intelligence (AI) capabilities. By combining AI with blockchain technology, Qubic aims to improve the efficiency and functionality of decentralized systems. This integration has the potential to bring about new solutions and advancements in the cryptocurrency space. Qubic’s approach aligns with the ongoing trend of exploring innovative methods to optimize blockchain technology.

Qubic Founders

Qubic, established by CFB and Sergey Ivancheglo, introduces a novel approach to cryptocurrencies by incorporating AI training. Emphasizing artificial neural networks and smart contracts, Qubic tokens function as the foundation of this innovative system. Leveraging computational power from a vast network of nodes, Qubic distinguishes itself in the cryptocurrency sphere for its distinct consensus mechanisms and distributed computing methods.

The collaborative work of CFB and Sergey Ivancheglo has positioned Qubic to redefine the landscape of blockchain technology. Their combined expertise has led to the creation of a platform that not only enables secure and decentralized smart contracts but also boosts the efficiency of AI training activities.

By integrating artificial neural networks, Qubic optimizes its computational network’s capabilities, ensuring that each node plays a significant role in enhancing the network’s overall performance. This strategic approach to utilizing computational power establishes Qubic as an innovative player in the cryptocurrency realm.

Advertisement

The first ever useful PoW L1 Blockchain

The first ever useful PoW L1 Blockchain, established by Sergey, incorporates AI training to improve the efficiency and practical applications of cryptocurrencies. Qubic’s Useful Proof-of-Work consensus mechanism utilizes 676 Computors for smart contract execution, emphasizing energy efficiency and tangible results. The network’s top 451 performing Computors are regularly assessed to ensure optimal performance. By leveraging computational power for training Artificial Neural Networks, Qubic enhances the productivity of computational energy, yielding valuable outcomes.

QU tokens serve as utility tokens within the network and are burned to mitigate inflationary pressures, promoting ongoing stability. Through AI training activities, Qubic aims to reduce energy wastage typically associated with traditional Proof-of-Work mining, potentially leading to lower energy expenses as AI models progress.

The platform also supports secure and decentralized smart contracts and oracle services using IOTA’s Tangle, positioning Qubic as a pioneering platform for diverse real-world applications in decentralized finance, supply chain management, data-driven smart contracts, and IoT device support.

Key Features of Qubic Crypto

These components are designed to improve the network’s efficiency, security, and ability to integrate digital and real-world data seamlessly.

Advertisement

Smart Contracts

Qubic Crypto integrates AigarthAI and implements a burn mechanism in its Smart Contracts to improve efficiency and security. These Smart Contracts utilize Useful Proof of Work with AI tasks, ensuring a secure and efficient execution process.

By incorporating AI training tasks into the consensus mechanism, Qubic enhances the overall performance of smart contract operations. The quorum-based computation on the Qubic network further boosts the speed and reliability of these contracts.

Through Oracles that connect digital and real-world data, Qubic facilitates a wide range of applications for its Smart Contracts. This strategic approach not only addresses scalability issues in cryptocurrencies and enhances the IOTA ecosystem but also paves the way for innovative AI applications in the blockchain domain.

Useful Proof of Work

Qubic Crypto utilizes AI tasks in its Useful Proof of Work system to enhance computational efficiency and produce meaningful outcomes. This innovative approach redefines traditional Proof of Work mining by not only verifying transactions but also generating practical results through AI training tasks.

Advertisement

The integration of AI into the consensus mechanism improves the network’s energy efficiency and fosters advancements in real-world applications. Through collaboration between Miners and Computors, Qubic ensures optimal utilization of computational resources, promoting a more sustainable blockchain ecosystem.

The focus on energy-efficient AI tasks distinguishes Qubic in the crypto industry, positioning it as a leader in leveraging advanced technologies to address scalability issues and explore new opportunities for machine learning and AI applications.

Quorum

The quorum mechanism in Qubic Crypto plays a crucial role in enhancing computational efficiency and enabling real-world applications. By leveraging a quorum, Qubic ensures the swift and accurate execution of smart contracts.

This consensus mechanism improves the network’s performance and facilitates the seamless integration of real-world data. The quorum-based computation model in Qubic Crypto utilizes the collective agreement of a subset of nodes to efficiently validate transactions.

Advertisement

This approach allows Qubic to achieve consensus quickly and securely, opening up possibilities for innovative applications in decentralized finance, supply chain management, and IoT devices. The involvement of the quorum in the network’s operations underscores Qubic’s focus on efficiency and practicality.

Oracles

Oracles play a critical role in the Qubic cryptocurrency ecosystem by acting as intermediaries that connect digital smart contracts with real-world data sources in a secure and decentralized manner.

These oracles facilitate the integration of external data into the Qubic network, ensuring the accuracy and reliability of information used in smart contract execution.

By utilizing oracles, Qubic smart contracts gain access to real-time data streams, enabling a wide array of applications such as decentralized finance, supply chain management, and the integration of IoT devices.

Advertisement

This incorporation of oracles enhances the functionality and practicality of Qubic, enabling the seamless execution of sophisticated and data-driven smart contracts that cater to diverse industries and applications.

Should you Invest in Qubic

Qubic’s market performance shows a mix of volatility and growth potential. As of the latest data, Qubic’s price has seen fluctuations, with recent predictions suggesting possible significant increases in its value over the coming years.

Currently at the price of $0.000004579 is not that far from its all-time high at $0.00001244 achieved on March 2nd, 2024.

For instance, price predictions for 2050 suggest a substantial increase, indicating a long-term positive outlook. However, the cryptocurrency market is inherently volatile, and such predictions should be approached with caution.

Advertisement

Where to Buy Qubic Crypto

To acquire Qubic (QUBIC) tokens, users can utilize various cryptocurrency exchanges that support this digital asset. Qubic Crypto is currently listed on platforms such as Bitfinex, HitBTC, and Exrates, enabling individuals to buy and trade QUBIC tokens.

Prior to selecting an exchange, it’s recommended to conduct thorough research on factors such as security measures, trading volume, and overall user experience.

Once a suitable exchange is chosen, users can create an account, deposit funds, and proceed with purchasing Qubic tokens to engage with the Qubic ecosystem and its blockchain technology.

Frequently Asked Questions

Is Qubic Coin a Good Investment?

Investing in Qubic may be considered a strategic choice due to its unique combination of AI training and Useful Proof-of-Work consensus mechanism. The platform’s emphasis on practical applications and energy efficiency indicates potential for long-term development.

Advertisement

When Was Qubic Crypto Launched?

Qubic crypto was launched in 2018, representing a significant advancement in blockchain technology. This launch marked a notable integration of artificial intelligence and finance within the realm of cryptocurrencies.

Conclusion

Qubic (QUBIC) is a unique cryptocurrency designed to combine blockchain technology with artificial intelligence (AI). This digital asset uses a specialized consensus mechanism called Useful Proof-of-Work (PoW), where computational tasks generate practical outputs, like AI training. The goal is to improve energy efficiency in mining and create a more sustainable ecosystem.

Founded by Sergey Ivancheglo, Qubic employs 676 Computors to execute smart contracts and AI tasks. The top 451 Computors are regularly evaluated to ensure optimal performance, aiming to reduce energy wastage associated with traditional PoW. This system also enhances the security and scalability of the blockchain, making it more adaptable to real-world applications.

Investors interested in Qubic should note that its unique approach has the potential for growth, but like all cryptocurrencies, it can be volatile. Key features like its Useful PoW mechanism and AI integration are what set Qubic apart in the cryptocurrency space.

Advertisement

Qubic (QUBIC) presents a compelling option for those interested in innovative blockchain technology, with a focus on AI integration and energy efficiency. However, like all cryptocurrency investments, thorough research and caution are recommended before committing funds.

Other cryptocurrencies to check:

BigEyes Crypto, Renq Crypto, Digitoads Crypto, TitanX Crypto and BurgerCities Crypto.

Source link

Advertisement
Continue Reading

Technology

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M

Published

on

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M

Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, marking its latest push to expand in India’s fast-growing premium skincare market.

The consumer goods giant will initially acquire a 90.5% stake in the four-year-old direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders in two years, according to a stock exchange filing.

The announcement confirms TechCrunch’s report from earlier this month.

The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio that includes brands like Dove, Pond’s and Lakmé. Minimalist, known for its actives-led skincare products, reported an annual revenue run rate of over 5 billion rupees and has been profitable since inception.

Advertisement

“This acquisition is another key step to grow our Beauty & Wellbeing portfolio in the high growth masstige beauty segment,” Rohit Jawa, CEO of Hindustan Unilever, said in the statement.

Founded in 2020 by Mohit Yadav and Rahul Yadav, Jaipur-based Minimalist sells a range of products from sunscreen to hair-repair serum. The startup had previously attracted investment from Unilever Ventures in its Series A round in 2021. Peak XV was its first institutional investor, leading the seed funding in the startup through its Surge platform in late 2019. Minimalist is one of the earliest Surge portfolio startups.

The acquisition follows Hindustan Unilever’s expansion into health and well-being through the purchases of Oziva and Wellbeing Nutrition last year. The latest transaction is expected to close in the June quarter, subject to regulatory approvals.

The founders will continue to run the business for two years after the deal closes. Minimalist has built a strong presence in e-commerce, which Hindustan Unilever plans to complement by expanding the brand’s offline distribution using its extensive retail network.

Advertisement

The deal values Minimalist higher than the roughly $300 million valuation it reportedly sought when attempting to raise venture capital in the second half of last year, according to previous media reports.

Source link

Continue Reading

CryptoCurrency

Whales pour into this altcoin positioned to surpass SOL and XRP by 2026

Published

on

The next Solana or Shiba Inu: Here’s what crypto whales are buying

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Rollblock, a smart altcoin set to disrupt the $540 billion gambling industry, is gaining big backing and could surpass SOL and XRP by 2026.

Advertisement

Big players in the crypto world are betting on a new altcoin that is set to disrupt the market. With massive potential and new technology, this rising star, called Rollblock, is gaining traction fast. In fact, experts predict that it could outperform giants like SOL and XRP by 2026.

Does Rollblock have what it takes to be a top crypto?

Rollblock is flipping the script on the $540 billion online gambling industry with a new approach. This top crypto casino isn’t just shaking up the game, it’s tearing down the walls of secrecy that have haunted the sector for decades. For years, the gambling world has been plagued by trust issues, with reports revealing that gambling platforms manipulate bets to exploit players. 

This flawed system is a gambler’s worst nightmare, as its whole functionality is based on rigging the gambling process. With Rollblock, gamblers can rest assured that transparency is built into the system. Every bet, every transaction, is securely encrypted and recorded on the Ethereum blockchain. Players no longer have to take the casino’s word for it, they can verify every move themselves.  

This approach has ignited a frenzy of interest. In December 2024 alone, Rollblock saw a staggering 600% surge in new users, with over $1.75 million in bets placed. Thankfully, this momentum isn’t slowing down. January’s numbers are set to double, proving that when you put players first, everyone wins.

Advertisement

Solana faces a future filled with green charts

Excitement has been high in the SOL altcoin community recently as it reached an ATH of $293.79. Although this rise shows increased investor confidence in its high-performance blockchain, the main attributing factor is likely Donald and Melania Trump’s new TRUMP and MELANIA crypto launch. 

This positive news surrounding SOL has pushed CoinCodex analysts to make predictions that SOL could fall between the $377.43 and $407.39 price marks by December 2025. Given that SOL has risen more than 190% from this time last year, if everything goes well for SOL, its 2025 price trend could mirror that of 2024.

XRP set to skyrocket before Q1 ends

Like SOL, XRP has also witnessed an uptrend due to the positive sentiment around Donald Trump’s inauguration. In the past week alone, XRP has witnessed a 21.76% surge, which is in line with predictions from altcoin experts like Lai Jr. A week before Trump’s presidential inauguration, Lai Junior made a post on his X page, predicting that XRP could reach $10–$34 by March. 

Advertisement

From the look of things, XRP might hit and even cross the $34 price mark before March. This prediction is backed up by its technical data charts, which show that it has RSI at 70. With this value, it is evident that XRP might witness another sharp rise soon. 

Conclusion 

While the sentiment around SOL and XRP is positive, their growth cannot be compared to that of Rollblock. Rollblock is getting set to take over crypto headlines by selling its native RBLK tokens via its presale. These tokens, which are now valued at $0.046 each, might soon be the face of the crypto gambling industry.

To learn more about Rollblock, visit the website and its socials.

Advertisement

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025 WordupNews