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Tag: infrastructure

Ripple’s David Schwartz Update Triggers Massive Bullish Signals Amid XRP Whale Buying Spree ⋆ ZyCrypto

The post Ripple’s David Schwartz Update Triggers Massive Bullish Signals Amid XRP Whale Buying Spree ⋆ ZyCrypto appeared com. The XRP community is on fire after Ripple’s Chief Technology Officer, David “JoelKatz” Schwartz, announced a major new role that could mark a turning point for XRP’s market trajectory. In a post on X, Schwartz revealed that he will serve as a strategic advisor to Evernorth, a newly formed investment vehicle dedicated to expanding XRP’s reach across defi and capital markets. The company, helmed by former Ripple executive Asheesh Birla, aims to become the largest publicly traded XRP treasury on the Nasdaq under the ticker “XRPN.” Evernorth recently confirmed its plans to go public through a business combination with Armada Acquisition Corp II, a deal expected to raise more than $1 billion in gross proceeds. The move will give Evernorth both regulatory credibility and significant financial firepower to accumulate XRP and develop liquidity, lending, and yield infrastructure around it. Advertisement Schwartz’s involvement points to Ripple’s deepening ties to Evernorth’s strategy and reinforces confidence in XRP’s institutional potential. Analysts have widely interpreted his announcement as a sign that Ripple is positioning XRP for mainstream capital market integration, potentially similar to how MicroStrategy amplified Bitcoin’s exposure in traditional finance. Market momentum appears to reflect that optimism. Data from Santiment shows XRP climbed back above $2. 50 after briefly dipping below $1. 90 just ten days earlier. Despite widespread fear and uncertainty among retail traders, prices have surged, moving in the opposite direction of crowd sentiment. On-chain data also shows that whales accumulated more than 30 million XRP over 24 hours between 20th and 21st October, signaling growing confidence among deep-pocketed investors. Adding to the excitement, technical analysts are now spotting a bullish “inverse head and shoulders” pattern on XRP’s chart, targeting a potential move toward the $3. 10 resistance level. With whale accumulation, improving sentiment, and Ripple’s top engineer joining.

Ethereum’s Fusaka Upgrade Goes Live on Hoodi Testnet Ahead of December Mainnet Launch

The post Ethereum’s Fusaka Upgrade Goes Live com. Ethereum is moving closer to its next major evolution. On Tuesday, the network’s latest hard fork, Fusaka, went live on the Hoodi testnet, marking the final testing stage before its official mainnet activation later this year. Hoodi is the third and final testnet for Fusaka, following earlier deployments on Holesky and Sepolia. According to the Ethereum Foundation (@ethereumfndn), the mainnet rollout will happen at least 30 days after Hoodi testing, with December 3 set as the tentative date for the official hard fork. Fusaka is more than just another upgrade. It represents the next phase of Ethereum’s long-term roadmap, focused on scalability, efficiency, and Layer 2 optimization. Ethereum Surpasses Bitcoin in Digital Asset Treasuries by Total Supply Ethereum now leads with 4. 1% of total supply held by institutional treasuries, followed by Bitcoin (3. 6%) and Solana (2. 7%). The surge in ETH holdings coincided with Donald Trump’s signing of the GENIUS Act,. pic. twitter. com/o3d2NwmG6m CryptoRank. io (@CryptoRank_io) October 29, 2025 The Road to Fusaka The Ethereum community has been preparing for this moment for months. Each testnet deployment served as a trial ground for new features and infrastructure refinements. The first implementation on Holesky tested network synchronization and consensus adjustments. Sepolia followed, validating node performance and gas parameter tuning. Now, with Hoodi live, developers are finalizing tests for rollup scaling and parallel execution, two pillars of the upcoming upgrade. Fusaka’s mainnet launch on December 3 will be the first step in a three-stage rollout designed to gradually expand Ethereum’s data and transaction capacity. Rollout Timeline Ethereum developers confirmed a structured schedule for Fusaka’s release: Dec 3, 2025 → Fusaka mainnet launch Dec 17, 2025 → Blob capacity increase Jan 7, 2026 → Second blob capacity hard fork Each stage unlocks new capabilities. The first activation will introduce key EIPs, while the later forks.

Telegram Launches Cocoon: A Decentralized AI Network That Pays GPU Owners in Crypto

The post Telegram Launches Cocoon: A Decentralized AI Network That Pays GPU Owners com. In brief Telegram launched Cocoon, a decentralized AI compute network on TON that pays GPU owners in crypto for powering private AI tasks. Telegram will use Cocoon internally, integrating it into Mini Apps and AI tools for its billion-plus users. The project challenges Big Tech’s dominance, positioning TON as an open, user-controlled alternative to AWS and Azure. Telegram CEO Pavel Durov took to the stage at Blockchain Life 2025 in Dubai on Wednesday to announce Cocoon, a decentralized AI compute network built on The Open Network (TON) blockchain that will pay GPU owners in Toncoin for powering private AI inference. The network, formally called the Confidential Compute Open Network, will launch in November with Telegram as its first major customer. Applications for GPU providers and developers opened immediately following the announcement. Cocoon creates a marketplace where individuals contribute computing power through their graphics processing units and receive TON cryptocurrency in exchange. On the other side, developers gain access to low-cost AI infrastructure that processes queries without exposing user data to centralized providers. This decentralized AI infrastructure is billed as a rival against the monopoly that Big Tech corporations like Amazon’s AWS and Microsoft Azure have. In fact, Durov positioned the project as a response to eroding digital freedoms. Both Telegram and the TON blockchain were also conceived with this privacy-first approach in mind. The timing aligns with growing concerns about centralized AI systems. When companies like OpenAI or Google process your queries, they see everything-your prompts, your data, your patterns, and metadata. Cocoon’s confidential computing approach keeps that information encrypted throughout the process, even from the GPU owners doing the actual computation. Telegram’s globally adopted platform provides immediate scale. The messaging app will integrate Cocoon across its ecosystem, powering AI features in its Mini Apps and potentially transforming how users.

Big layoffs at Amazon, big implications for Seattle’s economy

The ax is falling on Amazon corporate offices. The Seattle-based retail giant confirmed it will cut approximately 14, 000 corporate jobs, and employees will begin receiving layoff notices starting Tuesday, Amazon announced. It’s unclear how many of those jobs will be lost in Washington state. Puget Sound Business Journal reporter Nick Pasion, who covers big tech, says the Amazon workers he’s talked to report that their managers are being tight-lipped, but “They are feeling a palpable sense of fear within the company, just concerned that they might be impacted. Some of their friends might be impacted.” And that’s not a baseless.

Sharplink Gaming Buys $80M in Ethereum for Treasury After Month-Long Break

TLDR Sharplink Gaming purchased 19, 271 ETH worth approximately $80 million, ending a month without new acquisitions The company now holds 859, 400 ETH valued at roughly $3. 6 billion, making it the second-largest corporate Ethereum holder Sharplink raised $76. 5 million through equity offering at $17 per share, a 12% premium to market price Corporate treasuries collectively hold [.] The post Sharplink Gaming Buys $80M in Ethereum for Treasury After Month-Long Break appeared first on CoinCentral.

HEZI RASH Claims DDoS Attack on Iraqi Electoral Commission Website

An actor identifying as HEZI RASH has claimed responsibility for targeting the official website of the Independent High Electoral Commission (IHEC) of Iraq, a critical Iraqi government entity, with a Distributed Denial-of-Service (DDoS) attack. Analysis of the HEZI RASH Cyberattack The alleged HEZI RASH cyberattack utilized a DDoS methodology, a common form of cyber assault [.].

Melissa strengthens into a Category 4 hurricane, threatening catastrophic flooding in Jamaica, Haiti

KINGSTON, Jamaica (AP) Hurricane Melissa strengthened into a major Category 4 hurricane, with the possibility of intensifying to a Category 5 storm Sunday night,.

Traders Eye BlockDAG’s Coinbase and Kraken Listing Rumors for a 1000x Upswing as Astar and Cardano Slow Down

While many are watching the Cardano (ADA) price growth and analyzing every Astar (ASTR) trading signal, the market seems to [.] The post Traders Eye BlockDAG’s Coinbase and Kraken Listing Rumors for a 1000x Upswing as Astar and Cardano Slow Down appeared first on Coindoo.