Author: dfmines

Cryptocurrency News and Public Mining Pools

Not every AI agent needs its own cryptocurrency

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Crypto Scammers Exploit AI Deepfakes to Push Fake Giveaways With Trump and Musk

The evolution of deepfake scams has reached new levels of sophistication with the integration of artificial intelligence (AI), making fraudulent schemes increasingly convincing and difficult to detect. A recent example involves a deepfake of U.S. President Donald Trump circulating on X, attempting to lure unsuspecting individuals into a cryptocurrency scam. AI-Generated Trump, Musk, and Buterin […]

North Korean crypto thieves are mimicking terrible traders to bypass detection

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Standard Chartered slashes ETH price target by 60%, predicts $4k by year-end

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Solana Price To Drop To Double Digits? Major Levels To Watch For Entries

Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash.  Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price. Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone.  Related Reading: Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target The analyst noted that the Solana price has been in a slow uptrend over the past five days, after hitting the low at $112. He added that the current price action looks like an ABC corrective pattern, which could mean that SOL is setting up for lower prices. While alluding to the key levels to watch for entries, he SiDec noted that placing orders at key levels helps increase the chances of catching the right move without overcommitting too early.  He then discussed the resistance zone between $136 and $143. The crypto analyst remarked that the Solana price will likely struggle in that range, as the area contains multiple technical confluences suggesting a potential reversal or strong reaction. As such, SiDec stated that this range is a prime area to consider for short positions, especially if the price starts showing weakness.  On the other hand, SiDec revealed that a major demand zone is forming between $102.1 and $98.50 on the downside for the Solana price. He stated that this zone has multiple technical confluences, making it a high-probability long entry area. The analyst added that this zone presents a solid long opportunity for gradual scaling into positions as price moves deeper into support.  Market Outlook For SOL SiDec remarked that there is a short bias until the Solana price reclaims $143.80, with this level a strong resistance zone for potential short trades. For market participants looking to enter a short position, the analyst remarked that laddering into the resistance zone ensures better risk management and higher entry efficiency.  Related Reading: Bitcoin, Ethereum, And Solana: Real Vision’s Raoul Pal Calls The Greatest Macro Trade Of All Time Meanwhile, for a long setup, the analyst stated that starting small at $112 and increasing position size down to $98.50 ensures strong positioning in a high-confluence demand zone. He added that scaling into trades rather than committing at a single price increases flexibility, improves trade execution, and helps market participants adapt better to price movements. Further discussing the Solana price action, SiDec noted that the $100 target coincides with the 200 Exponential Moving Average (EMA) on the weekly timeframe, adding confluence to this strong support.  The analyst also mentioned that if the Solana price decisively breaks above $144, it would invalidate the short thesis and suggest a potential move higher toward $150. Meanwhile, a strong rejection from the resistance zone would likely accelerate the move toward $112 to test demand at swing low.  At the time of writing, the Solana price is trading at around $128, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Move is now primed to grow DeFi

Opinion by: Alex Nguyen, CEO at VibrantXThe Move programming language’s origin is not super cypherpunk. Facebook (now Meta) created Move after the Libra/Diem team compared major smart contract languages (Bitcoin Script, Ethereum Virtual Machine bytecode languages) and decided their formidable in-house tech talent could make a new language built on years of private and public sector research.The original team, including founders Mo Shaikh, Avery Ching, and their engineering team, left Facebook to continue as a fully independent, open-source project headed up by Aptos Labs and supported by the Aptos Foundation.Importantly, Meta’s failed Libra experiment left us with a programming language specifically designed for crypto finance. Move on Aptos is now open-source, and the Aptos Foundation is a commercially driven organization that welcomes builders from all backgrounds.Move is now the best programming language for verifying the absence of bugs and checking for modifications and leaks, which is how most blockchains get hacked.This verification relies on two key features of Move on Aptos: (1) “backward compatibility” and (2) the concept of an “auditor at runtime.” Backward compatibility means future-proofingMove on Aptos is fast and cheap, creating a competitive user experience, especially for decentralized finance (DeFi) applications. Aptos aims for a high transaction throughput, with theoretical capabilities reaching up to 160,000 transactions per second (TPS) through its parallel execution engine, Block-STM.Aptos’ sub-second finality means transactions are confirmed quickly, enhancing the user experience in time-sensitive applications.To be fair, other chains also have these qualities. Move on Aptos is, however, designed to be “backward-compatible.” Future upgrades won’t disrupt existing projects. This helps developers feel more confident building long-term solutions without worrying about things breaking because of a Move upgrade. Move smart contracts are designed to be upgradeable without affecting the user experience, which is essential for mainstream adoption. This enables teams to implement bug fixes and new features with zero disruption. Recent: Crypto startups can’t just rely on solid tech to win VC funding: OKXSmart contract flexibility through Move on Aptos’ specific security features results in better and faster product shipping. Being more flexible, Move on Aptos can quickly adapt to support new ecosystems.“Bytecode” verification prevents leaksSolidity contract hacks have been prevalent over the years. When building Web3 technology for markets worth billions or even trillions of dollars, it’s crucial to have a security system that will protect projects from resource leaks, invalid memory access and other unauthorized modifications. As it was initially developed for Meta’s Diem project, Move is designed for safety, resource management and performance, making it attractive for developers looking for a secure yet robust language for smart contracts.When deploying code using Move, the code will be verified across several crucial coding conditions like proper resource management, type correctness and reference safety. No matter what happens to the code, it will be verified first to prevent any faulty or malicious smart contracts from running. This is the power of Move’s built-in bytecode verification.Real-time verification of the absence of bugsRenowned computer science pioneer Edsger Dijkstra noted, “Program testing can be used to show the presence of bugs, but never to show their absence!” Move’s formal verification capabilities let developers actually prove that there are no bugs in specific code according to preset specifications. MoveVM is less battle-tested than Ethereum’s virtual machine, but as Rushi Manche, founder of Movement Labs, has explained, Move requires much less code auditing. The MoveVM runtime can act as an “auditor at runtime.”The verifier inside the MoveVM ensures that the transaction code is not harmful and that it cannot create, duplicate or destroy resources not allowed by the signer(s) of the transaction. In other words, MoveVM is an “auditor at runtime” rather than a human smart contract auditor. Today, Move on Aptos is more than just a smart contract language. Move on Aptos is the longest-standing, most recognized and widely used version of Move, boasting one of the fastest-growing developer communities and a rapidly growing ecosystem of infrastructure, tooling and projects.Quickly verifying code before deployment created the conditions for the Move on Aptos ecosystem. From a flawed Web2 beginning, Move is now primed to grow DeFi.Opinion by: Alex Nguyen, CEO at VibrantX.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Move is now primed to grow DeFi

Opinion by: Alex Nguyen, CEO at VibrantXThe Move programming language’s origin is not super cypherpunk. Facebook (now Meta) created Move after the Libra/Diem team compared major smart contract languages (Bitcoin Script, Ethereum Virtual Machine bytecode languages) and decided their formidable in-house tech talent could make a new language built on years of private and public sector research.The original team, including founders Mo Shaikh, Avery Ching, and their engineering team, left Facebook to continue as a fully independent, open-source project headed up by Aptos Labs and supported by the Aptos Foundation.Importantly, Meta’s failed Libra experiment left us with a programming language specifically designed for crypto finance. Move on Aptos is now open-source, and the Aptos Foundation is a commercially driven organization that welcomes builders from all backgrounds.Move is now the best programming language for verifying the absence of bugs and checking for modifications and leaks, which is how most blockchains get hacked.This verification relies on two key features of Move on Aptos: (1) “backward compatibility” and (2) the concept of an “auditor at runtime.” Backward compatibility means future-proofingMove on Aptos is fast and cheap, creating a competitive user experience, especially for decentralized finance (DeFi) applications. Aptos aims for a high transaction throughput, with theoretical capabilities reaching up to 160,000 transactions per second (TPS) through its parallel execution engine, Block-STM.Aptos’ sub-second finality means transactions are confirmed quickly, enhancing the user experience in time-sensitive applications.To be fair, other chains also have these qualities. Move on Aptos is, however, designed to be “backward-compatible.” Future upgrades won’t disrupt existing projects. This helps developers feel more confident building long-term solutions without worrying about things breaking because of a Move upgrade. Move smart contracts are designed to be upgradeable without affecting the user experience, which is essential for mainstream adoption. This enables teams to implement bug fixes and new features with zero disruption. Recent: Crypto startups can’t just rely on solid tech to win VC funding: OKXSmart contract flexibility through Move on Aptos’ specific security features results in better and faster product shipping. Being more flexible, Move on Aptos can quickly adapt to support new ecosystems.“Bytecode” verification prevents leaksSolidity contract hacks have been prevalent over the years. When building Web3 technology for markets worth billions or even trillions of dollars, it’s crucial to have a security system that will protect projects from resource leaks, invalid memory access and other unauthorized modifications. As it was initially developed for Meta’s Diem project, Move is designed for safety, resource management and performance, making it attractive for developers looking for a secure yet robust language for smart contracts.When deploying code using Move, the code will be verified across several crucial coding conditions like proper resource management, type correctness and reference safety. No matter what happens to the code, it will be verified first to prevent any faulty or malicious smart contracts from running. This is the power of Move’s built-in bytecode verification.Real-time verification of the absence of bugsRenowned computer science pioneer Edsger Dijkstra noted, “Program testing can be used to show the presence of bugs, but never to show their absence!” Move’s formal verification capabilities let developers actually prove that there are no bugs in specific code according to preset specifications. MoveVM is less battle-tested than Ethereum’s virtual machine, but as Rushi Manche, founder of Movement Labs, has explained, Move requires much less code auditing. The MoveVM runtime can act as an “auditor at runtime.”The verifier inside the MoveVM ensures that the transaction code is not harmful and that it cannot create, duplicate or destroy resources not allowed by the signer(s) of the transaction. In other words, MoveVM is an “auditor at runtime” rather than a human smart contract auditor. Today, Move on Aptos is more than just a smart contract language. Move on Aptos is the longest-standing, most recognized and widely used version of Move, boasting one of the fastest-growing developer communities and a rapidly growing ecosystem of infrastructure, tooling and projects.Quickly verifying code before deployment created the conditions for the Move on Aptos ecosystem. From a flawed Web2 beginning, Move is now primed to grow DeFi.Opinion by: Alex Nguyen, CEO at VibrantX.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Move is now primed to grow DeFi

Opinion by: Alex Nguyen, CEO at VibrantXThe Move programming language’s origin is not super cypherpunk. Facebook (now Meta) created Move after the Libra/Diem team compared major smart contract languages (Bitcoin Script, Ethereum Virtual Machine bytecode languages) and decided their formidable in-house tech talent could make a new language built on years of private and public sector research.The original team, including founders Mo Shaikh, Avery Ching, and their engineering team, left Facebook to continue as a fully independent, open-source project headed up by Aptos Labs and supported by the Aptos Foundation.Importantly, Meta’s failed Libra experiment left us with a programming language specifically designed for crypto finance. Move on Aptos is now open-source, and the Aptos Foundation is a commercially driven organization that welcomes builders from all backgrounds.Move is now the best programming language for verifying the absence of bugs and checking for modifications and leaks, which is how most blockchains get hacked.This verification relies on two key features of Move on Aptos: (1) “backward compatibility” and (2) the concept of an “auditor at runtime.” Backward compatibility means future-proofingMove on Aptos is fast and cheap, creating a competitive user experience, especially for decentralized finance (DeFi) applications. Aptos aims for a high transaction throughput, with theoretical capabilities reaching up to 160,000 transactions per second (TPS) through its parallel execution engine, Block-STM.Aptos’ sub-second finality means transactions are confirmed quickly, enhancing the user experience in time-sensitive applications.To be fair, other chains also have these qualities. Move on Aptos is, however, designed to be “backward-compatible.” Future upgrades won’t disrupt existing projects. This helps developers feel more confident building long-term solutions without worrying about things breaking because of a Move upgrade. Move smart contracts are designed to be upgradeable without affecting the user experience, which is essential for mainstream adoption. This enables teams to implement bug fixes and new features with zero disruption. Recent: Crypto startups can’t just rely on solid tech to win VC funding: OKXSmart contract flexibility through Move on Aptos’ specific security features results in better and faster product shipping. Being more flexible, Move on Aptos can quickly adapt to support new ecosystems.“Bytecode” verification prevents leaksSolidity contract hacks have been prevalent over the years. When building Web3 technology for markets worth billions or even trillions of dollars, it’s crucial to have a security system that will protect projects from resource leaks, invalid memory access and other unauthorized modifications. As it was initially developed for Meta’s Diem project, Move is designed for safety, resource management and performance, making it attractive for developers looking for a secure yet robust language for smart contracts.When deploying code using Move, the code will be verified across several crucial coding conditions like proper resource management, type correctness and reference safety. No matter what happens to the code, it will be verified first to prevent any faulty or malicious smart contracts from running. This is the power of Move’s built-in bytecode verification.Real-time verification of the absence of bugsRenowned computer science pioneer Edsger Dijkstra noted, “Program testing can be used to show the presence of bugs, but never to show their absence!” Move’s formal verification capabilities let developers actually prove that there are no bugs in specific code according to preset specifications. MoveVM is less battle-tested than Ethereum’s virtual machine, but as Rushi Manche, founder of Movement Labs, has explained, Move requires much less code auditing. The MoveVM runtime can act as an “auditor at runtime.”The verifier inside the MoveVM ensures that the transaction code is not harmful and that it cannot create, duplicate or destroy resources not allowed by the signer(s) of the transaction. In other words, MoveVM is an “auditor at runtime” rather than a human smart contract auditor. Today, Move on Aptos is more than just a smart contract language. Move on Aptos is the longest-standing, most recognized and widely used version of Move, boasting one of the fastest-growing developer communities and a rapidly growing ecosystem of infrastructure, tooling and projects.Quickly verifying code before deployment created the conditions for the Move on Aptos ecosystem. From a flawed Web2 beginning, Move is now primed to grow DeFi.Opinion by: Alex Nguyen, CEO at VibrantX.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.