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

The XRP community is buzzing with excitement following a major announcement from Ripple’s Chief Technology Officer, David “JoelKatz” Schwartz. Schwartz revealed that he will be taking on a strategic advisor role with Evernorth, a newly formed investment vehicle focused on expanding XRP’s presence across decentralized finance (DeFi) and capital markets. This move could mark a significant turning point for XRP’s market trajectory.

Evernorth is led by former Ripple executive Asheesh Birla and aims to become the largest publicly traded XRP treasury on the Nasdaq under the ticker “XRPN.” The company recently confirmed plans to go public through a business combination with Armada Acquisition Corp II. This deal is expected to raise more than $1 billion in gross proceeds, providing Evernorth with both regulatory credibility and substantial financial resources to accumulate XRP and develop liquidity, lending, and yield infrastructure around the asset.

Schwartz’s involvement underscores Ripple’s deepening ties to Evernorth’s strategic vision and bolsters confidence in XRP’s institutional potential. Analysts widely interpret this announcement as a clear sign that Ripple is positioning XRP for mainstream capital market integration—potentially mirroring how MicroStrategy significantly boosted Bitcoin’s exposure in traditional finance.

Market momentum appears to be reflecting this 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 counter to crowd sentiment.

On-chain data also highlights strong buying activity, with whales accumulating more than 30 million XRP within a 24-hour period between October 20th and 21st. This signals growing confidence among deep-pocketed investors.

Adding to the positive outlook, technical analysts have identified a bullish “inverse head and shoulders” pattern forming on XRP’s chart, targeting a potential move toward the $3.10 resistance level.

With whale accumulation, improving market sentiment, and Ripple’s top engineer joining forces with Evernorth’s billion-dollar expansion, the stage seems set for another upward leg in XRP’s price action.
https://bitcoinethereumnews.com/tech/ripples-david-schwartz-update-triggers-massive-bullish-signals-amid-xrp-whale-buying-spree-%e2%8b%86-zycrypto/?utm_source=rss&utm_medium=rss&utm_campaign=ripples-david-schwartz-update-triggers-massive-bullish-signals-amid-xrp-whale-buying-spree-%25e2%258b%2586-zycrypto

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

Ethereum Nears its Next Major Evolution with Fusaka Hard Fork

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 occur 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.

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 have 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 Ethereum Improvement Proposals (EIPs), while the later forks will scale blob data capacity, a critical factor for rollups and data availability layers (DALs). The client release window opens on November 3, giving operators and validators 30 days to upgrade their nodes before activation.

What Fusaka Brings to Ethereum

At the core of Fusaka are multiple EIPs designed to improve scalability, reduce gas fees, and enhance the experience for both developers and users.

PeerDAS (EIP-7594)
Perhaps the most anticipated, PeerDAS introduces a new data sampling approach that allows Ethereum to support higher Layer 2 throughput while keeping node requirements reasonable. In plain terms: more capacity, less strain.

EIP-7825 & EIP-7935
These proposals fine-tune Ethereum’s gas limits, paving the way for parallel execution—meaning the network can process multiple transaction threads simultaneously, a major step toward faster and more efficient block validation.

EIP-7939 & EIP-7951
The CLZ (EIP-7939) and secp256r1 (EIP-7951) upgrades aim to boost cryptographic performance and zero-knowledge (ZK) proving support, enhancing Ethereum’s zero-knowledge ecosystem.

Together, these upgrades solidify Ethereum’s foundation for the next generation of rollups and decentralized applications.

Laying the Groundwork for “The Surge”

Ethereum co-founder Vitalik Buterin has long described the network’s roadmap as a series of “eras”: The Merge, The Surge, The Scourge, The Verge, and beyond. Fusaka fits squarely into The Surge, the phase focused on scaling Ethereum to handle tens of thousands of transactions per second.

Once Fusaka is live, developers will begin preparing for Glamsterdam, the next milestone upgrade, which will expand on Fusaka’s groundwork by enabling true parallel processing across the Ethereum Virtual Machine (EVM).

Fusaka is, therefore, more than a technical upgrade—it’s a symbol of Ethereum’s long-term vision: decentralization without compromise.

Ethereum’s Institutional Momentum

Outside the development arena, Ethereum is breaking new ground in institutional adoption. According to CryptoRank, Ethereum now leads in digital asset treasury holdings, surpassing Bitcoin for the first time.

Institutional treasuries now hold 4.1% of ETH’s total supply, compared to Bitcoin’s 3.6% and Solana’s 2.7%. The timing isn’t random—this surge followed Donald Trump’s signing of the GENIUS Act, a landmark stablecoin regulation that strengthened the legal framework for on-chain finance in the U.S.

Since the law’s passage, funds and fintech firms have rapidly increased their exposure to ETH. Institutional investors now view Ethereum not merely as a token, but as the core infrastructure of the decentralized finance (DeFi) economy.

ETH on the Charts

Market sentiment has turned bullish as traders position for the December 3 launch. Analysts expect the Fusaka upgrade to drive a renewed Layer 2 growth cycle, with protocols like Arbitrum, Optimism, and Base benefiting from increased throughput and reduced data costs.

This growing confidence reflects Ethereum’s ability to evolve without breaking. Each upgrade over the past three years—from The Merge to Dencun—has reinforced its dominance in the Layer 1 space.

What Comes After Fusaka

If Fusaka delivers as expected, the next step will be to expand Ethereum’s data availability and execution parallelism. That’s where Glamsterdam comes in—an upgrade designed to take rollup scalability to its full potential.

In parallel, Ethereum researchers are exploring stateless client architecture, proof aggregation, and cross-chain messaging—all aimed at lowering costs and improving network efficiency.

Ethereum’s roadmap remains clear: scale Layer 2s, reduce complexity, and onboard the next wave of global users.

Conclusion

The Fusaka hard fork isn’t just a technical milestone—it’s a statement of resilience and innovation. From testnets to mainnet, Ethereum continues to evolve at a pace unmatched in blockchain history.

The network’s developers are not just building for the next quarter; they’re building for the next decade. And with institutional money flowing in, new laws favoring on-chain assets, and the strongest developer community in crypto, Ethereum stands ready for its next chapter.

The countdown to December 3 has begun.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

https://bitcoinethereumnews.com/ethereum/ethereums-fusaka-upgrade-goes-live-on-hoodi-testnet-ahead-of-december-mainnet-launch/?utm_source=rss&utm_medium=rss&utm_campaign=ethereums-fusaka-upgrade-goes-live-on-hoodi-testnet-ahead-of-december-mainnet-launch

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

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. Cocoon will pay GPU owners in Toncoin for powering private AI inference, marking a significant step forward in decentralized artificial intelligence infrastructure.

Formally known as the **Confidential Compute Open Network**, Cocoon is set to launch in November, with Telegram as its first major customer. Following the announcement, applications for GPU providers and developers opened immediately.

### How Cocoon Works

Cocoon creates a marketplace where individuals contribute computing power through their graphics processing units (GPUs) and, in return, receive TON cryptocurrency. On the flip side, developers gain access to low-cost AI infrastructure that processes queries without exposing user data to centralized providers.

This decentralized approach to AI infrastructure aims to rival the monopolies held by Big Tech giants like Amazon AWS and Microsoft Azure. Pavel Durov positioned Cocoon as a response to the erosion of digital freedoms—continuing Telegram and TON blockchain’s long-standing privacy-first mission.

### Privacy at the Core

With rising concerns about centralized AI systems, many users worry about companies like OpenAI or Google accessing sensitive details—their prompts, data, usage patterns, and metadata—whenever they interact with AI. Cocoon counters these concerns by employing a confidential computing approach, keeping data encrypted throughout the entire process—even from the GPU owners performing the computations.

### Telegram Integration and Scale

Telegram’s globally adopted platform provides immediate scale for Cocoon’s adoption. The messaging app will integrate Cocoon across its ecosystem, powering AI features in its Mini Apps and potentially transforming how millions of users interact with artificial intelligence every day.

Max Crown, CEO of the TON Foundation, emphasized the importance of this development, saying:

> “Leveraging Telegram’s billion-strong user base and TON’s high-performance, scalable blockchain technology, Cocoon has the potential to redefine how billions interact with AI in their everyday digital lives. Cocoon is the convergence of social networking, AI, and decentralized technology at unprecedented scale.”

### Strategic Investment and Technology

AlphaTON Capital, a Nasdaq-listed digital asset infrastructure and TON treasury company, announced plans to make a **substantial investment** in the hardware needed to support the Cocoon network. The company aims to deploy next-generation, high-memory GPU models across strategic data centers, supporting advanced AI model architectures including DeepSeek and Qwen.

Cocoon builds on TON blockchain’s multi-chain architecture, which processes millions of transactions per second through its sharded design. This structure enables Cocoon to handle massive AI workloads while maintaining transparency and market-driven pricing enabled by blockchain technology.

### The Growing Decentralized AI Ecosystem

Decentralized AI networks are gaining momentum as alternatives to centralized tech giants. Projects like Akash Network and Render Network already allow users to rent distributed computing resources. However, Cocoon’s integration with Telegram’s massive user base offers a unique advantage in scale and reach.

Like other decentralized cloud and storage networks, Cocoon’s market pricing will be driven by supply and demand dynamics. GPU owners and developers will negotiate costs through the network, potentially offering more competitive pricing than traditional centralized cloud providers. However, this model may introduce variability in service reliability and consistency.

### Empowering Users

Max Crown summed up Cocoon’s mission:

> “In a world where centralized AI systems harvest data and concentrate power, Cocoon rebalances the equation by giving users control over their computation, privacy, and ownership.”

With Cocoon, Telegram and TON are set to pioneer an open, user-driven compute economy that puts control back into the hands of the users, reshaping the future of AI infrastructure and digital privacy.
https://bitcoinethereumnews.com/crypto/telegram-launches-cocoon-a-decentralized-ai-network-that-pays-gpu-owners-in-crypto/?utm_source=rss&utm_medium=rss&utm_campaign=telegram-launches-cocoon-a-decentralized-ai-network-that-pays-gpu-owners-in-crypto

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

**Amazon Announces Major Corporate Layoffs Amid Industry-Wide Cutbacks**

*Posted by algore*

Seattle-based retail giant Amazon has confirmed it will cut approximately 14,000 corporate jobs, with employees beginning to receive layoff notices starting Tuesday. The exact number of positions affected in Washington state remains unclear.

Nick Pasion, a reporter for the Puget Sound Business Journal who covers big tech, shared insights from Amazon employees who say their managers are remaining tight-lipped. However, “there is a palpable sense of fear within the company,” as many are concerned about the possibility of being impacted personally or seeing friends lose their jobs.

Amazon employs about 350,000 corporate workers globally, making the potential reduction of up to 14,000 jobs a substantial cut. Todd Bishop, co-founder of GeekWire, highlighted the magnitude: “If you’re talking about up to 30,000 cuts globally, that’s a pretty significant portion.”

While Amazon has yet to confirm the layoffs publicly or provide an official reason, some analysts suggest the moves may be part of post-pandemic downsizing efforts. According to Pasion, “Amazon notoriously overhired during the pandemic, increasing headcount by tens of thousands.” The company has already taken steps to correct this, laying off 27,000 employees across 2022 and 2023.

An emerging theory is that Amazon is shifting focus to reinvest in artificial intelligence (AI) infrastructure. “Data centers, chips, power — these are incredibly expensive to build and maintain,” said Pasion. “Many companies are diverting free cash flow into AI infrastructure and hiring high-paid AI scientists to develop internal models.”

Amazon is not alone in facing tech industry layoffs. Microsoft, another Puget Sound-area giant, has cut 15,000 positions globally this year.

**Microsoft Faces Political Backlash Over Visa Program Amid Layoffs**

Vice President J.D. Vance publicly criticized Microsoft for recent job cuts juxtaposed with continued applications for H-1B work visas. “I don’t want companies to fire 9,000 American workers and then say they can’t find workers in America,” Vance declared.

Former White House advisor Steve Bannon echoed these concerns, calling for a halt to all visa programs during widespread layoffs.

Social media users have amplified the controversy by noting reports that Microsoft filed over 14,000 H-1B visa requests in 2025, fueling outrage over perceived exploitation of the visa system despite significant workforce reductions.

*Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the views of Free Republic or its management.*

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https://freerepublic.com/focus/f-news/4349323/posts

Soros Fingerprints Found All Over the Rise of Democratic Socialist Zohran Mamdani

In September 2017, a photograph surfaced on social media showing activist Linda Sarsour kneeling on a Brooklyn sidewalk beside campaign volunteers for City Council candidate Khader El-Yateem. Among them was a young organizer named Zohran Mamdani. That image, posted on El-Yateem’s campaign page, marked the beginning of a political collaboration that would soon extend far beyond a local election.

Eight years later, Mamdani, now 34, is positioned to seek the mayoralty of New York City. His ascent, according to a Fox News Digital investigation, is the result of a coordinated network of political and religious organizations that have advanced candidates sharing socialist and Islamist ideologies.

A review of 110 groups supporting Mamdani shows overlapping ties between Muslim advocacy organizations and left-wing coalitions, including 76 Democratic Party affiliates and unions. Central to that effort are two key networks: Sarsour’s MPower organizations and a related group called Emgage.

Tax records reviewed by Fox News Digital reveal that billionaire George Soros’ Open Society Foundations have contributed nearly $2.5 million to MPower and Emgage in recent years. A spokesperson for the Open Society Foundations stated, “We fund a range of civil society organizations that work to deepen civic engagement through peaceful democratic participation, counter discrimination including against Muslim Americans, and advance human rights.” The spokesperson added that the cited grants occurred years before the mayoral race and were unrelated to any campaign activity.

The investigation found that MPower and Emgage are part of a coalition of about 30 ethnic and religious groups, including CAIR Action, the Islamic Circle of North America, the Muslim Action Coalition, and the Bangladeshi American Advocacy Group. Together, these groups have combined annual revenues exceeding $24 million and have mobilized resources, volunteers, and online campaigns to back Mamdani.

Analysts say these networks represent a coordinated political machine that merges progressive socialist movements with Islamist activism. Through campaigns like Emgage’s “Defend and Advance” initiative, the coalition promotes Mamdani alongside other Muslim candidates such as Virginia Lt. Governor candidate Ghazala Hashmi and Dearborn, Michigan, Mayor Abdullah Hammoud.

Emgage’s financial supporters include the Sterling Charitable Gift Fund in Herndon, Virginia — a group previously investigated by federal authorities in connection with suspected funding of Hamas-linked entities in the early 2000s, though no charges were ever filed.

Over the past decade, Sarsour and her allies have built a nationwide infrastructure linking philanthropy, activism, and political organizing. Their financial backing has come from large foundations such as the Ford Foundation, the MacArthur Foundation, and the Tides Foundation, alongside Soros’ network. This structure has helped launch Mamdani’s political career by combining nonprofit outreach with campaign operations.

Dalia Al-Aqidi, an Iraqi American Muslim and Republican congressional candidate challenging Ilhan Omar in Minnesota, commented, “The data, the money trail, and the affiliations—from the Democratic Socialists of America to the Islamists—tell a different story.” She added, “Mamdani’s ascent is the product of deliberate design: a sophisticated collaboration between socialist activism and Islamist organizing, lubricated by millions in foundation grants and political donations.”

Mamdani’s activism began at Bowdoin College in Maine, where in 2012 he co-founded a chapter of Students for Justice in Palestine. By 2017, he was working on El-Yateem’s campaign with Sarsour. In 2018, he joined the board of the Muslim Democratic Club of New York, a political organization co-founded by Sarsour to mobilize Muslim voters for progressive candidates. The group endorsed Mamdani during his 2020 campaign for the New York State Assembly.

Public records show that MPower Change, a nonprofit housed at Neo Philanthropy, received at least $2.4 million in funding between 2017 and 2024, including more than $1 million from Soros’ Foundation to Promote Open Society and $450,000 from the MacArthur Foundation. Emgage Action, another key organization in Mamdani’s orbit, has received more than $3 million in grants from the same philanthropic network.

Mamdani’s rise has also been supported by several imams with controversial records. In January, he met with Imam Muhammad Al-Barr, who had previously prayed publicly for the “annihilation” of Israel. In May, Imam Siraj Wahhaj—who once testified as a character witness for Omar Abdel-Rahman, the “Blind Sheikh” convicted in the 1993 World Trade Center bombing—donated to Mamdani’s campaign fund. Mamdani later described Wahhaj as “one of the nation’s foremost Muslim leaders.”

Other clerical backers include Imam Talib Abdur-Rashid of the Mosque of Islamic Brotherhood in Harlem, who previously defended individuals linked to terrorist organizations, and Imam Khalid Latif of New York University, who endorsed Mamdani on social media in June.

Following criticism of his meeting with Wahhaj, Mamdani received public support from Sarsour, the Council on American-Islamic Relations (CAIR), and Emgage Action. Sarsour shared a photo of herself with Mamdani, writing, “May Allah continue to bless and protect you.” Emgage’s executive director Wa’el Alzayat responded to the controversy by saying, “We are in this for the long haul.”

Al-Aqidi said the controversy only confirms how deeply the network is entrenched. “For over a decade, Linda Sarsour and her network of allies have built the Mamdani machine piece by piece: the institutions, the donors, the narratives, and now, the candidate,” she said. “His rise was not spontaneous. It was engineered, and the machinery behind it is only getting stronger.”
https://www.lifezette.com/2025/10/soros-fingerprints-found-all-over-the-rise-of-democratic-socialist-zohran-mamdani/

The Channel Crossing Bridge That Never Was

When the Channel Tunnel opened in 1994, the undersea rail link brought Britain closer to the European mainland than ever before. However, had circumstances been different, history might have taken a very different path. Among the competing proposals for a fixed Channel crossing was a massive bridge — a scheme so audacious that fate never allowed it to come to fruition.

### The Euro Route: Driving Across the Channel

Forget the double handling involved in putting cars on trains and traveling entirely by rail. Instead, the aptly-named Euro Route proposed that motorists simply drive across the Channel, perhaps even stopping for duty-free shopping in the middle of the sea along the way.

### Long-Held Dreams of a Channel Crossing

The concept of a permanent tunnel or transit link between Britain and France has deep historical roots. The earliest recorded example dates back to 1802, when French engineer Albert Mathieu-Favier proposed a tunnel design for horse-drawn stagecoaches travelling between the Isles and the mainland. Ultimately, though, the engineering challenges were beyond the era’s capabilities.

Despite this, the idea never truly disappeared. Starting in the late 1950s, British and French governments began exploring options seriously. The Channel Tunnel Study Group was formed as an Anglo-French task force to assess the feasibility of building a crossing. This effort led to an initial construction attempt beginning in 1973, which was abandoned two years later by British Prime Minister Harold Wilson due to high costs and the strains of the global oil crisis.

It would be over a decade before the concept returned to prominence. In 1984, the French and British governments reconvened to establish baseline project parameters, opening the development process to proposals in 1985. The Channel Tunnel Group eventually won with a plan for a 51.5-kilometer dual-track rail-only tunnel, carrying both passengers and vehicles between the two countries.

The Treaty of Canterbury was signed in 1986, construction began shortly after, and the infrastructure that exists today was born.

### The Bold Euro Route Proposal

While the Channel Tunnel was the winning project, it wasn’t the only proposal on the table. The Euro Route project was an altogether bolder scheme, featuring a three-stage crossing combining both road and rail.

Besides a twin-track rail tunnel similar to the Channel Tunnel, the Euro Route’s key selling point was its road crossing, promising motorists the convenience of driving straight across the Channel without the hassle of loading and unloading vehicles onto trains.

Marketing materials boldly stated:
*“From your home you will drive straight to France.”*

The project was not cheap. Estimated to cost around £6 billion (1985 prices), it was two to three times more expensive than the Channel Tunnel proposal. This higher price tag was unsurprising, given it included an entire road crossing in addition to a rail tunnel.

However, the project was backed by a powerful consortium of British institutions—including British Steel, Barclays Bank, and GEC—which had collectively secured over seven billion pounds in funding. The plan was to recoup costs over time through toll charges on users.

### Design and Functionality: Bridge, Tunnel, and Islands

The road crossing combined drama with practicality. Motorists would leave the M20 near Dover and pass through toll booths before driving onto a cable-stayed bridge standing approximately 50 meters above sea level. This bridge would stretch 8.5 km to an artificial island.

From this island, the motorway would spiral down beneath sea level into an undersea tunnel — a 21 km immersed tube tunnel carrying parallel dual carriageways safely below the shipping lanes. On the French side, a second artificial island would mark the tunnel’s end, with another bridge carrying traffic the last 7.5 km to the mainland.

A third artificial island between the two main islands was designed to serve as a ventilation shaft for the road tunnel and act as a navigation marker to enforce lane discipline for shipping in the busy Channel.

Overall, traveling the Euro Route was expected to take just 30 minutes over the road. With customs formalities “speeded up by computer,” the total journey time was anticipated to be approximately 45 minutes—a significant advantage over the all-rail Channel Tunnel.

The marketing materials highlighted:
*“NOTE: A shuttle service would require additional time for waiting, and loading and unloading; Euro Route does not.”*

### Why Not a Single Long Tunnel?

The combined bridge-tunnel-bridge concept might sound complicated compared to a single long road tunnel from coast to coast. However, a tunnel spanning well over 30 km would have been undesirable due to the prolonged time spent underground and concerns about traffic emissions building up in such an enclosed space.

The open-air bridges were designed to break up the journey and limit the distance spent underwater. Moreover, the artificial islands weren’t just entry and exit points. Euro Route envisioned them as destinations in their own right, featuring refueling stations, refreshments, parking, hotels, and even duty-free shopping complexes.

### The Rail Component

The Euro Route rail tunnel proposal was quite similar to the Channel Tunnel project ultimately built. It planned a tunnel running between Cheriton (UK) and Sangatte (France), mostly constructed using immersed tube methods rather than boring through the entire length.

The design featured two tubes for bidirectional travel with a central maintenance shaft—closely mirroring the final Channel Tunnel configuration.

### Public Opinion and the Final Decision

Research at the time suggested public sentiment leaned in favor of driving across the Channel. Around 52% of people preferred driving, with many actively disliking the car shuttle system used in the rail-only proposal.

Despite this, when decision time came, both governments chose the simpler, cheaper rail-only Channel Tunnel project. The decision is perhaps viewed differently today, given the Channel Tunnel’s significant budget overruns and construction delays.

We may never know how well—or badly—the Euro Route might have performed had it been built.

### A Dream That Never Took Flight

The Euro Route’s bridges and islands remain forever on the drawing board—a grand infrastructure dream that fell victim to caution and economics. Yet, those architectural drawings continue to capture the ambition of an era when anything seemed possible, even building a bridge linking two former bitter enemies over the busiest shipping lanes in the world.

The story of the Euro Route is a fascinating what-if in the saga of connecting Britain and continental Europe—reminding us of the bold visions that often pave the way for future achievements.
https://hackaday.com/2025/10/27/the-channel-crossing-bridge-that-never-was/

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

**Sharplink Gaming Acquires 19,271 ETH Worth $80 Million, Solidifying Position as Second-Largest Corporate Ethereum Holder**

Sharplink Gaming has resumed its Ethereum accumulation strategy after a month-long pause, purchasing 19,271 ETH tokens valued at approximately $80 million on Monday. This latest acquisition brings Sharplink’s total Ethereum holdings to 859,400 tokens, currently valued at around $3.6 billion.

With this significant purchase, Sharplink moves firmly into the position of the second-largest corporate Ethereum holder. Only BitMine surpasses them, holding roughly 3.24 million ETH, worth about $13.5 billion.

**Strategic Timing Amid Market Recovery**

Analysts from ACY Securities highlighted the timing of Sharplink’s purchase, suggesting that the company could be positioning itself ahead of potential Ethereum ETF inflows or anticipating improved economic conditions. Despite broader market pressures—such as President Donald Trump’s announcement of tariffs up to 155% on Chinese goods starting November 1—Ethereum showed resilience, gaining 7.1% on the day of Sharplink’s acquisition. However, the token’s price had risen only 1.1% over the preceding two weeks.

**Funding and Recent Capital Raises**

Sharplink partially financed the purchase through recent capital raises. Earlier this month, the company raised $76.5 million via an equity offering that sold 4.5 million common shares at $17 each. This price reflected a 12% premium over the closing market price of $15.15 on October 15.

Additionally, in August, Sharplink secured agreements totaling $400 million with five institutional investors, bolstering its treasury and supporting growth initiatives. The company has also announced plans to tokenize its Nasdaq-listed SBET shares on the Ethereum blockchain in partnership with Superstate, signaling a deeper integration with Ethereum technology beyond mere asset holding.

**Corporate Ethereum Holdings and Market Overview**

According to the Strategic ETH Reserve data, corporate treasuries collectively hold 5.98 million ETH, representing nearly 4.94% of Ethereum’s total supply.

Following Sharplink’s announcement, Ethereum was trading near $4,240, approaching a key resistance zone at $4,250. Market data from CoinGlass indicates that the fourth quarter is traditionally Ethereum’s second-weakest period, prompting traders to closely monitor seasonal patterns for the remainder of the year.

After bouncing off support around $3,750 earlier in October, bullish investors are now eyeing a potential rise toward the October high of $4,734.

Sharplink Gaming’s renewed commitment to Ethereum and strategic capital initiatives reflect growing corporate confidence in the blockchain ecosystem amid ongoing market fluctuations.
https://coincentral.com/sharplink-gaming-buys-80m-in-ethereum-for-treasury-after-month-long-break/

HEZI RASH Claims DDoS Attack on Iraqi Electoral Commission Website

**HEZI RASH Claims Responsibility for DDoS Attack on Iraq’s Electoral Commission Website**

An entity identifying itself as HEZI RASH has claimed responsibility for a Distributed Denial-of-Service (DDoS) attack targeting the official website of Iraq’s Independent High Electoral Commission (IHEC). This critical government website, accessible at ihec.iq, was reported to be down and inaccessible following the attack.

### Analysis of the HEZI RASH Cyberattack

The HEZI RASH attack employed a DDoS methodology, a prevalent form of cyber assault designed to overwhelm a server by flooding it with traffic from multiple sources. This massive influx of malicious requests exhausts the server’s resources, making the website unavailable to legitimate users.

According to FalconFeeds.io, the IHEC website was offline at the time of the claim, indicating the attack successfully disrupted the commission’s online services.

Attacks targeting electoral commission websites are especially concerning given their crucial role in managing electoral processes, providing essential information to the public, and maintaining transparency in governance. This incident highlights the vulnerability of governmental digital infrastructure to malicious cyber activities.

### Context and Potential Motivations

While HEZI RASH has not publicly stated the motivations behind this attack, its timing is notable. The assault occurred ahead of Iraq’s parliamentary elections scheduled for November 11, 2025. The elections are marked by a boycott from the popular Sadrist Movement, led by Shiite cleric Muqtada al-Sadr, adding to the tense political atmosphere.

### Cybersecurity Implications for Government Infrastructure

The disruption of the IHEC website serves as a stark reminder of the persistent cyber threats facing public sector institutions worldwide. Interruptions to an electoral commission’s online presence can erode public trust, hinder access to vital information, and foster a perception of instability—even if the core electoral systems remain unaffected.

This incident underscores the urgent need for robust DDoS mitigation strategies, resilient network architectures, and rapid incident response protocols within government bodies. Such measures are essential to ensure the continuity, integrity, and security of critical digital operations.

### Recent Related Cyber Attacks

This attack comes shortly after the Dark Storm Hacktivist Gang claimed responsibility for a DDoS attack on the SpaceX website. Additionally, earlier this month, several prominent Indian government and academic websites experienced multiple DDoS attacks claimed by two hacktivist groups, indicating a growing trend of politically motivated cyber assaults targeting government-related entities globally.
https://www.technadu.com/hezi-rash-claims-ddos-attack-on-iraqi-electoral-commission-website/611991/

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

Hurricane Melissa Strengthens to Major Category 4 Storm, Threatening Northern Caribbean

KINGSTON, Jamaica (AP) — Hurricane Melissa has intensified into a major Category 4 hurricane, with the potential to strengthen further into a Category 5 storm Sunday night. The hurricane is unleashing torrential rains and poses a severe flooding threat across the northern Caribbean, including Haiti and Jamaica, the U.S. National Hurricane Center (NHC) reported.

The NHC added that Melissa is expected to reach the southern coast of Jamaica as a major hurricane late Monday or Tuesday morning, urging residents to seek shelter immediately.

“I urge Jamaicans to take this weather threat seriously,” said Jamaican Prime Minister Andrew Holness. “Take all measures to protect yourself.”

As of Sunday morning, Melissa was centered approximately 120 miles (195 kilometers) south-southeast of Kingston, Jamaica, and about 280 miles (450 kilometers) south-southwest of Guantanamo, Cuba. The storm had maximum sustained winds of 140 mph (225 kph) and was moving west at 5 mph (8 kph).

Heavy Rainfall and Widespread Impact Expected

Melissa is forecast to drop torrential rains of up to 30 inches (760 millimeters) on Jamaica and southern Hispaniola, including Haiti and the Dominican Republic. Some areas could see as much as 40 inches (1,010 millimeters) of rainfall.

The hurricane center warned of extensive damage to infrastructure, power and communication outages, and the potential isolation of communities in Jamaica.

After affecting Jamaica, Melissa should be near or over Cuba by late Tuesday, potentially bringing up to 12 inches (300 millimeters) of rain before moving toward the Bahamas late Wednesday.

In response, the Cuban government issued a hurricane watch Saturday afternoon for the provinces of Granma, Santiago de Cuba, Guantanamo, and Holguin.

Storm’s Slow Progress and Fatalities

The erratic and slow-moving hurricane has already claimed at least three lives in Haiti and a fourth in the Dominican Republic, where another person is still missing.

“Unfortunately for places along the projected path of this storm, it is increasingly dire,” said Jamie Rhome, deputy director of the NHC, earlier on Saturday. He added that Melissa is expected to continue moving slowly for up to four days.

Jamaica Prepares for Impact

Authorities in Jamaica announced Saturday that the Norman Manley International Airport in Kingston would close at 8 p.m. local time. It remains unclear whether the Sangster airport in Montego Bay on the island’s western side will also close.

More than 650 shelters have been activated across Jamaica. Officials confirmed that warehouses are well-stocked with thousands of food packages prepositioned for rapid distribution if needed.

Rising River Levels and Damage in Haiti and Dominican Republic

Haitian authorities reported three deaths linked to the hurricane and five injuries caused by a collapsed wall. Rising river levels, flooding, and a destroyed bridge due to breached riverbanks have been reported in Sainte-Suzanne in northeast Haiti.

Ronald Délice, a Haitian civil protection director, expressed concern about the storm’s trajectory. Local authorities are organizing lines for food kit distributions, although many residents remain reluctant to leave their homes.

In the Dominican Republic, Melissa has damaged nearly 200 homes and disrupted water supply systems affecting more than half a million people. The storm also downed trees and traffic lights, caused small landslides, and isolated over two dozen communities with floodwaters.

Threat to The Bahamas and Turks and Caicos

The Bahamas Department of Meteorology warned that tropical storm or hurricane conditions could affect islands in the Southeast and Central Bahamas and the Turks and Caicos Islands by early next week.

Season Overview

Melissa is the 13th named storm of the 2024 Atlantic hurricane season, which officially runs from June 1 to November 30. The U.S. National Oceanic and Atmospheric Administration (NOAA) had forecast an above-normal season, predicting 13 to 18 named storms.

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Associated Press writer Evens Sanon in Port-au-Prince, Haiti, contributed to this report.

https://whdh.com/news/melissa-strengthens-into-a-category-4-hurricane-threatening-catastrophic-flooding-in-jamaica-haiti/

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

Discover How BlockDAG’s $432M Presale and Coinbase Leak Could Mark the Rise of the Most Popular Cryptocurrency as Cardano and Astar Lose Momentum

While many investors closely watch Cardano (ADA) price growth and analyze every Astar (ASTR) trading signal, the crypto market appears to be waiting for a true catalyst. ADA remains constrained by ongoing ETF speculation, and ASTR’s solid fundamentals clash with a bearish technical chart. With these major names stuck in a slow phase, one question remains: what is the real trigger the market has missed?

That answer might already be out.

BlockDAG’s Exchange Leak Sparks Fresh Momentum

Crypto Rover has shared what appear to be internal files hinting that BlockDAG (BDAG) is moving toward listings on Coinbase and Kraken. The reported Kraken deal includes $300,000 allocated for market-making and $200,000 in USDT dedicated to marketing activities. This level of preparation could position BlockDAG among the ranks of the most popular cryptocurrencies.

The leaked documents suggest BlockDAG is finalizing its cooperation terms with both Coinbase and Kraken, including allocations for technical setup ($300K USDT), marketing ($200K USDT plus $100K in tokens), and liquidity support ($300K). Furthermore, Coinbase documentation reportedly outlines BDAG/USDT and BDAG/USD pairs, marketing integration, and plans for increased app visibility.

Listings on such tier-1 exchanges have historically provided projects with massive liquidity and exposure—key ingredients that often transform them into leading names within the crypto space.

Strong Fundamentals Back BlockDAG’s Potential

BlockDAG’s fundamentals validate the growing excitement. The project has raised over $432 million, sold more than 27 billion coins across 31 presale batches, and attracted over 312,000 holders. Through the Token Generation Event (TGE) code, investors can still access coins at the presale price of $0.0015 before the $0.05 mainnet launch.

Its live hybrid Proof-of-Work and DAG-powered testnet currently achieves 1,400 transactions per second (TPS), with a roadmap targeting 15,000 TPS. This technical foundation mirrors early Ethereum scalability ambitions but surpasses them in both speed and efficiency.

Additionally, BlockDAG boasts the sale of over 20,000 X-Series miners and a growing ecosystem supported by 3.5 million X1 mobile miners. This expanding infrastructure combined with strategic marketing points toward sustained growth.

If these exchange listings go live successfully, BDAG could indeed become the most popular cryptocurrency of this cycle, potentially paving the way for an extraordinary 1000x price upswing.

Cardano Awaits a Critical ETF Decision

Cardano remains a major talking point as it trades near $0.65, struggling to break through a key resistance level. Although ADA’s price has declined about 19% over the last month, its yearly growth remains strong at over 100%.

The network’s on-chain metrics paint a different picture. Cardano recently surpassed 111 million transactions, and its Hydra scaling feature has boosted dApp performance by 20%. Despite this, heavy whale selling continues to suppress the price below the critical $0.76 mark.

The spotlight now is on the SEC’s decision regarding the Grayscale Cardano ETF, expected by October 26. This upcoming ruling could be a defining moment for ADA. If approved, it may unlock new institutional demand and catalyze the next wave of price growth.

Currently, the battle at the $0.60 support level feels like a buildup to a significant move. A positive decision could propel ADA past resistance, while a rejection might lead to a retest of the $0.60 floor. The entire crypto market is watching closely.

Astar Shows Hope Amid a Tough Market

Astar’s chart presents mixed signals, trading around $0.0175 after hitting an all-time low earlier this month. Technically, the picture looks challenging. The daily chart reveals a bearish setup, with both the 50-day and 200-day moving averages exerting downward pressure on the price, generating a bearish Astar (ASTR) trading signal for technical analysts.

However, a strong bullish divergence has emerged, often signaling a potential reversal.

The positive outlook extends beyond technicals. The project’s Stage 2 airdrop has rekindled investor interest, and its integration with Soneium, Sony’s Layer-2 network, is generating optimism. Reports indicate that revenue from Soneium is being used to purchase ASTR directly from the market, creating genuine buy pressure.

These fundamental developments lend strength to the outlook, mitigating the bearish trading signals and hinting that a potential bottom may be forming.

BlockDAG’s Listing Leak Could Redefine the Market

As traders await updates on Cardano’s price growth and evaluate Astar’s trading signals, both appear to be dependent on external catalysts. The true market spark might already be unfolding elsewhere.

Recent revelations by Crypto Rover indicate that BlockDAG is preparing to finalize its listings on Coinbase and Kraken. The leaked files detail specific marketing and liquidity budgets for Kraken and a comprehensive listing framework for Coinbase.

This development sets the stage for BlockDAG to potentially become the most popular cryptocurrency of the current cycle. With a presale raising over $432 million, selling more than 27 billion coins, and reaching its 31st batch, the project is gaining significant traction. Pending exchange listings could mark a pivotal shift in the crypto landscape.

Presale and Community Links

  • Presale: [Insert Presale Link]
  • Website: [Insert Website Link]
  • Telegram: [Insert Telegram Link]
  • Discord: [Insert Discord Link]

Note: This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related activities. Coindoo will not be liable for any damages or losses resulting from use of or reliance on any content, goods, or services mentioned. Always do your own research.

About the Author

Krasimir Rusev is a seasoned journalist at Coindoo with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source for investors, traders, and crypto enthusiasts.

https://coindoo.com/traders-eye-blockdags-coinbase-and-kraken-listing-rumors-for-a-1000x-upswing-as-astar-and-cardano-slow-down/

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