Decentralized

Decentralized Data Storage and Security in the Digital Age

Thursday. November 7 at 11:00 PM

1 min. read

In today's digital era, the issues of data ownership, privacy, and security have become increasingly critical. Nicholas Zaldastani, chairman of CESS, a decentralized data storage network, discussed these topics on Hashing It Out with Elisha Owusu Akyaw. Zaldastani highlighted the growing value of data and the significance of decentralized storage in ensuring data security. CESS, founded in 2019, aims to empower data owners by addressing the limitations of centralized storage models. The concept of data sovereignty, where individuals control their data storage, was a key focus. By breaking data into encrypted segments and distributing them across multiple nodes, platforms like CESS enhance data security. This approach makes it challenging for hackers to access complete data sets. The podcast also delves into the implications of decentralized storage for sectors like non-fungible tokens and artificial intelligence. Listen to the full episode on Spotify, Apple Podcasts, or TuneIn for more insights.

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Hyperbolic Secures $12M for Decentralized AI Infrastructure

Tuesday. December 10 at 11:00 PM

Hyperbolic, a startup specializing in decentralized AI computing and inference services, has raised $12 million in a Series A funding round led by Variant and Polychain Capital. The funding round saw participation from various investors, including Lightspeed Faction, Bankless Ventures, and Wintermute Ventures, as well as angel investors Sreeram Kannan and Alex Atallah. This brings the company's total funding to $20 million, aiming to expand its presence in the growing AI and Web3 markets. Hyperbolic is developing a decentralized GPU marketplace and offering verifiable AI inference services to address the lack of accessible and affordable computing power for developers and researchers. Their platform allows GPU suppliers to monetize idle resources and offers renters up to 75% cost savings. With a focus on bridging Web2 and Web3, Hyperbolic plans to launch its own blockchain in 2025 for collective governance. Major players like Hugging Face and Quora already utilize Hyperbolic's services, and the company intends to use the funding to expand its teams and global AI platform.

Decentralized

Uniswap (UNI) Price Analysis and Potential Trends

Saturday. December 7 at 1:00 AM

Uniswap (UNI) has experienced significant growth, surpassing a $10 billion market cap and increasing by 80.44% in the past month. Currently at an RSI of 67, UNI is nearing overbought levels but still has room for further growth before a correction. Despite a slight decline in the ADX from 46 to 39, UNI remains in a strong uptrend with a trend strength above 25. If the uptrend persists, UNI could reach resistance at $17.39 and potentially hit $20, its highest price since 2021. The RSI of 67 indicates potential for growth without an immediate correction, while the ADX at 39 suggests a strong uptrend with a possible slowdown in momentum. A continuation of the uptrend could lead UNI to significant gains, but a reversal may test support levels at $13.5 and potentially drop to $12.4. This analysis serves for informational purposes only, and readers are advised to conduct their own research before making financial decisions.

Decentralized

Transforming Decentralized Physical Infrastructure Networks

Tuesday. December 3 at 9:00 AM

Decentralized Physical Infrastructure Networks (DePin) are revolutionizing the tech industry by facilitating decentralized projects in real-world infrastructure. Recent developments in the DePin sector include OpenLedger partnering with io.net for AI development, Harvard Business School approving a case on Helium, and Peaq releasing an Ecosystem Report for November activities. Io.net, a DePin GPU compute network, collaborated with OpenLedger to utilize its GPU resources for refining and training AI models. This partnership aims to enhance the performance and scalability of OpenLedger's AI models. Additionally, io.net has been actively involved in AI development, forming partnerships with other firms in the field. Harvard Business School's acceptance of a case on Helium signifies institutional recognition for the DePin industry. Peaq, a Layer-1 blockchain ecosystem for DePins, shared its recent achievements and hinted at upcoming projects in its November Ecosystem Report.

Decentralized

Hyperliquid Launches Native Token Without Venture Capital

Friday. November 29 at 10:00 AM

Hyperliquid, a decentralized perpetuals exchange, is defying the norm by launching its native token without relying on venture capital. The Hyper Foundation, overseeing development, announced a token generation event scheduled for early Friday, along with an airdrop. The exchange has evolved into a comprehensive financial system, boasting liquidity comparable to top exchanges. In October, Hyperliquid outperformed competitors, achieving a record $1.39 billion in daily trading volume. The HYPE genesis event signifies a significant milestone, unlocking core functionalities across the platform. With a projected valuation of $3 billion, the 310 million HYPE tokens allocated for the community airdrop could be valued at nearly $1 billion. The HYPE token will seamlessly integrate into Hyperliquid's operations, offering staking, transaction fee functionalities, and USDC trading pairs. Hyperliquid operates on a high-speed trading blockchain using HyperBFT, a proof-of-stake system ensuring instant transactions and network security. The exchange, ranked as the top decentralized exchange for derivatives, emphasizes a community-first approach by excluding private investors and market makers from token allocations.

Decentralized