According to Blockworks, Solana's validators are experiencing a significant shift in fortunes as the price of SOL has surged past the $200 mark for the third time since 2021. This increase in value has led to daily validator revenue exceeding $30 million since mid-October, a notable rise from the $22 million per day recorded in early September. This development comes after the Solana Foundation implemented a cap on commissions for validators receiving staking delegations, a move aimed at supporting smaller validators amid declining fees and tips. The recent release of Solana's software version v2.0.14 by Anza, a developer shop spun out of Solana Labs, has also contributed to the improved performance of validators. Although only about 40% of validators have transitioned from version v1 to v2, those who have made the switch report enhanced performance. The upgrade includes minor tweaks to the Solana protocol, with validators noting better maximal extractible value (MEV) rewards and quicker transaction processing. Knoxtrades, the anonymous owner of the Juicy Stake validator, highlighted that Solana's central scheduler works effectively with stake-weighted quality of service (SWQoS), leading to more efficient transaction packing and noticeable changes in block rewards. Despite these positive developments, the Solana network's validator count has decreased from around 1,970 nodes a year ago to 1,358 today, indicating a less distributed network. However, the recent price rally and improved metrics have encouraged some validators to rejoin the network, with 58 new nodes added since September 28. This resurgence in validator participation reflects the growing confidence in Solana's ecosystem as it continues to evolve and adapt to market conditions.

After recently reaching a new all-time high, Bitcoin doesn't seem to be losing momentum and continues to surge. The post Bitcoin Hits $77,000, Surging to a New All-Time High appeared first on Cryptodnes. source: https://cryptodnes.bg/en/bitcoin-hits-77000-surging-to-a-new-all-time-high/

According to Decrypt, BlackRock, the world's largest asset manager, has achieved a significant milestone as its iShares Bitcoin Trust ETF (IBIT) now holds more net assets than its iShares Gold ETF (IAU). This development is noteworthy considering the Bitcoin ETF was only launched in January, while the Gold ETF has been available since 2005. BlackRock acquired the iShares brand from Barclays in 2009. As of the market close on Thursday, BlackRock's spot Bitcoin ETF has amassed $33.17 billion in value, surpassing the Gold ETF's $32.96 billion in net assets. Bitcoin and gold are often compared as stores of value, with Bitcoin frequently dubbed "digital gold" by cryptocurrency enthusiasts. The surge in BlackRock's Bitcoin ETF was notably influenced by Donald Trump's re-election, which has positively impacted market sentiment. Following Trump's return to the White House, the Bitcoin ETF experienced its highest-ever daily trading volume of $4.1 billion, surpassing the daily volume of major stocks like Netflix, Visa, and Berkshire Hathaway during the same period. This indicates strong investor confidence that Trump's administration will support the cryptocurrency industry and ease regulatory pressures. On Thursday, BlackRock recorded its largest-ever net inflow for the iShares spot Bitcoin ETF, amounting to $1.12 billion. Pav Hundal, lead market analyst at crypto exchange Swyftx, described the current market conditions as a "goldilocks scenario" characterized by monetary easing, political stability, and robust U.S. economic data. He noted that capital is flowing into ETFs at an unprecedented rate. Among the 11 spot Bitcoin ETFs available on Wall Street, BlackRock's is the largest, with Grayscale's ETF being the second-largest, holding $16.79 billion worth of Bitcoin, which is approximately half the size of BlackRock's ETF.

According to Cointelegraph, the Monetary Authority of Singapore (MAS) and Banque de France (BDF) have successfully conducted an experiment utilizing post-quantum computing (PQC) to counter the potential threats posed by quantum computing to payment networks. The initial phase of this initiative involved securing emails on Microsoft Outlook, marking a significant step towards integrating PQC into the global banking infrastructure. The BDF and MAS exchanged digitally signed and encrypted emails using a PQC email plugin, achieving success with the existing internet infrastructure. This was done in accordance with post-quantum encryption standards established by the United States Department of Commerce National Institute of Standards and Technology in August. The MAS released a technical report highlighting the importance of this research in safeguarding the financial system against future threats. The report emphasized the 'harvest now, decrypt later' scenario, where adversaries could intercept and store encrypted data now, waiting for quantum computers to decrypt it in the future. The research also pointed out the need for additional standardization to ensure the confidentiality, authentication, and integrity of payment networks. Currently, there are no standards for hybridizing PQC security algorithms with existing public key infrastructure, digital certificates, and key exchanges. The experiment revealed that PQC keys required for decrypting messages are significantly larger than current keys, which may trigger existing security measures if email servers are not consistently updated. This experiment focused solely on Outlook. The challenges identified may become more pronounced in financial applications, which involve frequent transactions and extensive cross-border cooperation. BDF's first deputy governor, Denis Beau, expressed confidence in the ability to enhance inter-institutional communications' resilience. The agencies plan to address the remaining challenges in the next phase of their research. Singapore and France have been actively researching PQC across various fronts. The BDF and the German central bank are involved in the Bank for International Settlements’ Project Leap, which aims to develop PQC solutions for payment networks. Singapore is also offering co-funding for developers working on PQC technology centers and use cases. Additionally, France and Singapore collaborate extensively on central bank digital currency research.

OKX market data shows that BTC rose to 77,000 USDT and is currently trading at 76,717 USDT, with a 24-hour increase of 0.26%.

Ethereum (ETH) surged above $2,800 for the first time since August. It indicated that the bulls are back in the crypto market. ETH is now trading at around $2,806, recording a 3.09% gain. The experts and the key indicators have given a hint towards further upward movement and the traders are advised to keep an […] The post Ethereum (ETH) Rallies Past $2,800: Analysts Eye Further Gains appeared... source: https://www.thecoinrepublic.com/2024/11/08/ethereum-eth-rallies-past-2800-analysts-eye-further-gains/

null source: https://x.com/BTC_Archive/status/1854957280304759293

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. source: https://www.theblock.co/post/325256/the-daily-us-bitcoin-etfs-hit-record-1-4-billion-daily-inflows-ethereum-foundation-report-789-million-in-crypto-holdings-and-more?utm_source=rss&utm_medium=rss

The former Binance CEO has reflected on the epic collapse of the Binance exchange source: https://u.today/cz-reacts-to-anniversary-of-ftx-disaster

Speculation has arisen regarding Charles Hoskinson, the co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), potentially serving as a source: https://www.benzinga.com/markets/cryptocurrency/24/11/41853924/cardano-up-13-as-speculation-around-charles-hoskinson-as-trump-crypto-policy-advisor-bubbl?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Meme or DeFi? The crypto fork in the road after Trump took office.

How Trump, 78, wins reelection will become history, and America's choice can already be traced back to a few key decisions.

BNB Chain launched multiple incentive programs in the third quarter, including the Gas-Free Carnival and TVL Incentive Program, to drive the growth of DeFi and NFT activities.

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Meme, Web3 cannot be without MeMe coin nor can it be only MeMe. Golden Finance, the largest MeMeCoin in the currency circle is Bitcoin.

Recommended readings tonight: 1. Trump 2.0 era is coming: what are the positive factors in the future market; 2. Why we are optimistic about Aerodrome, the leader of Base chain DEX; 3. Decoding MicroStrategy's unlimited money printing;

Any place where transactions are conducted outside of traditional exchanges can be considered an OTC market. As an international financial center, Hong Kong's open attitude and policies towards cryptocurrencies provide a new channel for mainland Chinese investors.

Even if you have no technical background and cannot write code, you can create your own AI chain robot without any code in just 3 minutes.

Lazada Malaysia is launching AI Lazzie, an AI-powered shopping assistant that offers personalised recommendations and fun features for the 11.11 sale. The platform also introduces virtual try-ons and aims to improve the AI shopping experience based on growing consumer demand in Southeast Asia.

Grammy Award-winning singer Dua Lipa was seen parading around Singapore to look for local delicacies all around the islands days before her concert on the 5th of November.