[PRESS RELEASE – New York, United States, January 24th, 2025]

BullFWOG ($BFWOG), a newly launched meme coin, has announced its presale as part of a broader ecosystem incorporating gaming, AI integration, and multimedia initiatives.

BullFWOG Integrates Gaming, AI, and Meme culture

BullFWOG differentiates itself within the meme coin sector by integrating a suite of features currently under development. The BullFWOG ecosystem will include Play-to-Earn (P2E) and Player-vs-Player (PvP) mini-games, an interactive Spin the Wheel feature, and AI-powered functionalities. The gaming component will allow players to use $BFWOG tokens to participate in fast-paced tournaments, head-to-head battles, and other activities with the opportunity to earn rewards and win prizes.

Presale with Dynamic Pricing to Incentivize Early Participation

The meme coin sector has seen significant activity, with some projects gaining substantial traction due to community engagement and market interest. Early-stage participation in such projects often attracts attention from market participants looking for emerging trends within the cryptocurrency space. BullFWOG ($BFWOG), currently in its presale phase, has adopted a dynamic pricing model where the token price increases periodically. According to the team, this structure incentivizes early participation and is designed to support the token’s ecosystem development. The initial presale price of $BFWOG is set at 0.000020 SOL however it will not remain at this price for long before the first periodic increase. Early participation is advised.

BullFWOG Gaming Ecosystem

BullFWOG will serve as the central character in its gaming ecosystem, which will also feature familiar meme characters. The platform will include a variety of mini-games, where players can potentially earn $BFWOG tokens through gameplay and wager tokens in Player-vs-Player (PvP) battles. The ecosystem will also introduce fast-paced tournaments accommodating up to 1,000 players simultaneously. These tournaments will allow participants to enter with small wagers for a chance to compete for significant prize pools.

Additionally, players can accumulate $BFWOG tokens to get tickets for the Spin the Wheel feature, which offers opportunities to win rewards, including USDT and BTC prizes. According to the team, early backers participating in the presale will have the opportunity to obtain the first tickets to this feature.

AI Integration

The BullFWOG project plans to integrate artificial intelligence (AI) across multiple aspects of its ecosystem. According to the team, AI will be utilized in game development, chatbots, game dynamics, and user engagement. Additionally, AI-driven automation will be applied to manage social media activity, generating and posting content, such as viral memes, around the clock to enhance project visibility and audience reach.

The team highlights that leveraging AI in this manner aims to streamline marketing efforts, increase efficiency, and drive broader community awareness.

The Ribbit Song

As part of its broader ecosystem development and marketing efforts, BullFWOG has released an original meme-themed song titled Ribbit. The track and video were developed using AI and is now available on major streaming platforms, including Spotify, Apple Music, YouTube Music, and Deezer. In addition, the team has produced an accompanying music video, which can be viewed on YouTube.

This initiative highlights the project’s focus on multimedia engagement, aiming to enhance its visibility and community connection through creative efforts.

Click here to watch Ribbit on Youtube

About BullFWOG ($BFWOG)

The mission is to create a decentralised, community driven platform where users can enjoy engaging games, win crypto currency, earn rewards and participate in a thriving ecosystem. $BFWOG aims to be the go-to token for meme enthusiasts and gamers alike, fostering a strong sense of community and belonging with plenty of fun. Its also one of the first memes to have its own AI developed theme tune on all the big streaming platforms.

Users can join the presale here: https://bullfwog.com

X: @thebullfwog

Telegram: @bullfwogcoin

Website: https://bullfwog.com

Interested users can listen to the song on all major streaming services including:

Spotify – Apple Music – Amazon Music and more

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Wall Street’s securities watchdog has made it easier for banks to expand their cryptocurrency businesses by overturning a Joe Biden administration rule that made it prohibitively expensive to hold digital assets.

In one of the first pro-crypto moves of Donald Trump’s second presidency, the Securities and Exchange Commission late on Thursday reversed guidance known as SAB 121, which had called for institutions to treat digital tokens held for customers as liabilities on balance sheets.

The shift underscores expectations that Trump will take a far more welcoming approach towards the digital asset sector, undoing the more sceptical stance the SEC took during Biden’s administration.

Mainstream groups are taking more serious interest in crypto assets and technologies, with BlackRock chief Larry Fink this week calling on the SEC to “rapidly approve” the ability of companies to create tokens backed by stocks and bonds.

In a sign of Trump’s more supportive crypto strategy, the president on Thursday had also issued an executive order laying out his priorities regarding cryptocurrencies and calling for cabinet-level officials to report back several months from now with recommendations for regulatory and legislative proposals.

While Trump’s pick to lead the SEC, Paul Atkins, is still awaiting US Senate confirmation, acting chair Mark Uyeda and another Republican commissioner, Hester Peirce, have put the regulator on a more crypto-friendly track, forming a task force and dismantling SAB 121.

The SEC’s SAB 121 had “created a punitive framework that effectively prevented US banks from offering custody services for bitcoin and other cryptocurrencies”, said Mark Palmer, an equity research analyst at The Benchmark Company. “Traditional banks will now be able to offer crypto custody services without facing de facto penalties.”

Even before the SEC took action, big US banks were eagerly anticipating the ability to court crypto customers as Trump and his allies in the executive and legislative branches smoothed the road for digital assets.

“We do want to have the ability to offer spot crypto, and our expectation is that at some point, the regulations around crypto are going to allow us to do that,” Rick Wurster, chief executive at Charles Schwab, told analysts on a call this week.

The American Bankers Association and other industry lobbyists last year called on Biden to formally disapprove of the SEC guidance after measures to do so passed both houses of Congress in May 2024.

“This is a step in the right direction,” said Kevin Fromer, president of the Financial Services Forum, which represents the biggest banks.

Brian Daly, a lawyer at Akin Gump, noted custody services were “a predicate to everything” for financial institutions when offering crypto services to customers. The old rule “basically made it impossible for all the responsible banks and broker-dealers and financial intermediaries that we rely on to be crypto custodians”, Daly said.

The price of bitcoin rose more than 1.5 per cent on Friday to about $105,800, shy of its all-time high of roughly $109,000.

Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. 

Ethereum Price Eyes $4,000 With This Bullish Pattern

In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern. This bullish prediction came as the analyst noted that ETH had been retesting the previous all-time high resistance and was not able to break it. 

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However, this time, it could be different following the rising channel pattern. The analyst added that with the bullish break and retest and Ethereum price action, the breakout is about to happen. With Ethereum likely to break this psychological $4,000 resistance level soon enough, the analyst suggested that this could ultimately pave the way for ETH to reach and possibly surpass its current ATH of $4,800.

BasicTrading remarked that the sky is the limit for the Ethereum price if it manages to break above its current ATH. Interestingly, the crypto analyst raised the possibility of ETH rising to between $20,000 and $25,000 if it replicates its historical performance from previous bull cycles. This price range represents the upper resistance trendline of the rising channel. 

However, the analyst stated that the Ethereum price must first achieve a clear breakout of its current ATH before a rally to as high as $25,000 can become a possibility. This bullish projection for ETH comes just days after crypto analyst Ali Martinez explained why it wasn’t time to give up on Ethereum despite its underperformance in this market cycle. Martinez mentioned that a decisive breakout above $4,000 could send ETH to $7,000. 

ETH To Reach Five Digits In This Bull Run

Crypto analyst CrediBULL Crypto has also backed BasicTrading’s bullish outlook as he predicted that the Ethereum price would at least reach $10,000 in this market cycle. The analyst asserted that ETH will come back with a “vengeance” in the coming months. He added that $10,000 is the bare minimum once Ethereum breaks out. CrediBULL Crypto further opined that $20,000 is certainly not unreasonable by the end of this cycle. 

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Crypto analyst Mikybull Crypto also provided a bullish outlook for the Ethereum price, stating that ETH’s hated rally that will bring it to $12,000 is loading. He further remarked that the chart is giving market participants a glimpse and that patience is all it takes. 

At the time of writing, the Ethereum price is trading at around $3,400, up over 5% in the last 24 hours, according to data from CoinMarketCap.

Featured image from iStock, chart from Tradingview.com

• Security researchers from Eclypsium find several bugs in multiple Palo Alto Networks firewalls
• They claim the vulnerabilities are quite severe
• Palo Alto Networks says if the OS is up to date, and security settings nominal, there is no risk

Security researchers have slammed Palo Alto Networks firewalls, claiming to have discovered severe vulnerabilities which undermine the entire point of the products.

Cybersecurity researchers Eclypsium published a report detailing a host of security flaws impacting Palo Alto Networks’ firewall firmware as well as misconfigured security features.

Apple is making an executive change to try and improve its AI efforts and Siri. Kim Vorrath, who recently helped get the Vision Pro software out the door and has been at Apple for 36 years, has been brought over to Apple’s artificial intelligence and machine learning division and will serve as a “top deputy” to AI boss John Giannandrea, Bloomberg reports.

By bringing on Vorrath, whose resume at Apple includes work on the original iPhone software group, over to the AI team, it appears Apple wants to bring more rigor to Apple’s AI development. It also indicates that Apple may see AI as a bigger deal for its future than the Vision Pro.

Bloomberg also reports that “the artificial intelligence group is focused on revamping the underlying infrastructure of Siri and improving the company’s in-house AI models” this year, per a memo from Giannandrea.

‘’We’re embracing the future with crypto and leaving the slow and outdated big banks behind’’, President Donald Trump declared, signaling a shift in his administration’s approach to digital assets. 

The vision was formalized on Thursday, when signed an executive order establishing a working group on digital asset markets. The order reaffirms the administration’s commitment to key crypto principles, including coding transparency, self-custody, and fair banking access, aiming to integrate blockchain technology responsibly into the U.S. financial system.

This idea of blending blockchain with traditional financial systems is bold, and Graphite Network offers the means to make it happen with its scalable and compliant solutions tailored to meet the modern financial needs of banks and financial institutions of all sizes.

Speaking to crypto.news, Graphite Network CTO Marko Ratkovic said:

“While it’s clear that the world is changing and the new US administration is becoming more open to cryptocurrencies, concrete regulations are still up in the air. What’s certain, though, is that Graphite Network offers the infrastructure banks need to make this transition. We can help traditional finance connect with the decentralized economy, and this support is just as important for mass adoption as the regulations will be.”

Bank Integration Demo is built to address pressing challenges facing financial institutions as they struggle to implement blockchain adoption on their own through:

• Building Reliable Infrastructure: Graphite Network’s blockchain is built on a Proof-of-Authority Polymer 2.0 consensus mechanism, ensuring high security, scalability, and energy efficiency. This will assist financial institutions in adopting blockchain technology without compromising their existing and legacy business.
• Bridging Compliance and User Empowerment: By integrating ZKP-based KYC processes and reputation scoring, Graphite Network bridges the gap between institutional requirements and user autonomy.
• Strategic Partnerships: Graphite Network continues to collaborate with banks and other financial institutions and tailoring blockchain solutions to address any specific needs.

Other bank-compliant Graphite Network’s features

Predictable Fees, Even During Peak Activity

Graphite Network’s Layer 1 blockchain is built to keep fees reasonable, even during periods of high network activity. For banks and financial institutions, this predictability is crucial for managing costs and ensuring smooth operations. In contrast, Ethereum lagged in 2024, with fees spiking unpredictably — averaging $3.52 per transaction during peak times. Such volatility can disrupt cost projections and scalability, making Graphite Network a more reliable choice for institutions integrating blockchain technology.

Non-Intrusive KYC

Graphite Network’s optional KYC system is a game-changer for balancing privacy and compliance. The system is built with Zero-Knowledge Proof technology which allows third parties to verify user data such as age or location without revealing personal information. This ensures data security and privacy while providing regulatory agencies and financial institutions with a verifiable, compliant system. User data submitted during the KYC process is kept off-chain to minimize the likelihood of data breaches or unauthorized access.

Trust Score and Interaction Preferences

Graphite Network’s Trust Score reflects a user’s reputation based on things like their KYC status, transaction history, account activity, and interactions with others. It even looks at whether any fraud claims are associated with their account. However, Graphite Network doesn’t impose strict rules—it lets users decide how they want to manage their interactions. They can choose whether to complete KYC, who to engage with, how to filter transactions, and more. This flexibility is important because it gives users control over their own decisions.

For banks, this is useful because it allows them to have insight into the trustworthiness of users without forcing everyone into a one-size-fits-all system. Banks can also benefit from knowing that users can set their own preferences while still maintaining the ability to track and assess risk through the Trust Score.

Reputation-Based Smart Contracts

Graphite Network will also provide tools for banks and businesses to develop smart contracts that consider reputation metrics, enabling customization of services for targeted user groups. A bank, for example, could create a contract to issue loans only to customers with verified credit scores or a history of account activity, meeting both business objectives and regulatory standards.

Directed Fund Management

Graphite Network is planning to introduce tagged addresses to improve transparency and accountability in blockchain transactions. These addresses will be linked to specific purposes, such as business-related payments or loan servicing, ensuring that funds are directed where they’re intended. For example, if a bank transfers funds to a loan repayment-tagged address, it will be clear that the payment is for that purpose. If the funds are later misused — say, spent on unauthorized transactions — the system will flag it immediately.

Additionally, smart contracts will be able to block transactions from suspicious addresses, adding an extra layer of security. While this feature isn’t live yet, it’s a significant step toward making blockchain transactions more secure and trustworthy for financial institutions.

Equitable Rewards, Directly from the Blockchain

Earlier, crypto.news reported that Graphite Network is the first platform enabling transport (or entry-point) node operators to earn directly from its blockchain through a dual-layer node system. Entry-point nodes onboard transactions, earning 50% of transaction fees in @G, while authorized nodes validate blocks, earning 100% of fees for independent transactions and 50% for transactions involving entry-point nodes. 

This structure ensures fair rewards for both types of nodes, creating a secure, scalable, and incentivized network that transforms participation into an income opportunity. Marko Ratkovic, recently reiterated one of Graphite Network’s central visions, explaining:

“One of our key goals is to democratize access to blockchain revenue streams. With our dual-layer node system, we’ve ensured that participants at every level can earn rewards while supporting the growth and security of the network.” 

Bank Integration Demo is closely tied to @G, Graphite Network’s native token, which is weaved into key operations across the network as well, including paying fees, verifying accounts, distributing rewards, and more.

By prioritizing reputation, trust, and scalability, Graphite Network offers a clear path for financial institutions to integrate blockchain responsibly — an approach that could help leaders like Donald Trump turn his vision of blockchain’s role in traditional finance into a reality.