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New Developments Happening in the Blockchain Space: 10-01-2025

Posted by Simon Keighley on January 10, 2025 - 7:06am

New Developments Happening in the Blockchain Space: 10-01-2025

New Developments Happening in the Blockchain Space 10-01-2025


Unified trading and trustless bridging can solve DeFi liquidity fragmentation

Backed by $8.5 million in funding, this platform aims to enhance liquidity and resilience while streamlining the user experience.

Eywa, an ecosystem that facilitates communication between blockchains and comprises, addresses DeFi’s fragmentation with CrossCurve DEX for unified crosschain trading and the Consensus Bridge for secure, trustless bridging.

Decentralized finance (DeFi) continues to expand remarkably, with new blockchain networks and decentralized applications (DApps) emerging daily. While this diversity offers significant potential, it also creates hurdles that can slow broader adoption.

Having so many different chains attracting the same types of projects creates an environment where both attention and liquidity are diffused, slowing down development and adoption in the process. Meanwhile, bridging tokens between chains can be risky if security isn’t designed with multiple points of failure in mind. This fragmentation poses real challenges for DeFi participants seeking seamless crosschain access and reliable tools for managing assets.

Effective solutions must tackle both the need for unified liquidity and a more resilient approach to bridging. In doing so, the overall user experience could become more intuitive and less prone to common pitfalls, supporting the continued growth of DeFi. Read More


 

Crosschain infrastructure demand breaks public testnet — 2 key lessons for builders

A crosschain infrastructure’s testnet launch attracted overwhelming user interest, disrupted public blockchain structures and offered valuable insights for developers.

The promise of Bitcoin has always been immense: a decentralized, trustless system capable of transforming the global financial landscape. However, as its popularity grows, so do its challenges. While the core layer remains robust, Bitcoin needs better scalability to meet the demands of a growing user base and pave the way for innovative advancements in blockchain technology.

Scalability becomes an even greater challenge during testnets — simulated ecosystems designed to mimic real-world usage. Public testnets, designed to benefit developers despite their inherent limitations, often buckle under the weight of high demand and expose weaknesses in the broader blockchain infrastructure.

A recent event has underscored this scalability issue. The testnet launch of Portal to Bitcoin, a bridgeless crosschain infrastructure, began as a controlled experiment but quickly turned into an unplanned stress test.

Initially designed to handle a few thousand testers, the rollout attracted over 100,000 users in just 36 hours. While this overwhelming response demonstrated the platform’s appeal, it also exposed critical bottlenecks in the existing blockchain testnet infrastructure, including:

  • The scalability limitations of current Bitcoin testnets

  • The inherent challenges posed by Lightning Network constraints

Through swift and innovative action, the team effectively addressed these challenges, offering valuable insights and guidance for blockchain developers navigating similar obstacles. Read More


 

What are crypto debit cards: How they work and where to use them

Crypto debit cards allow users to spend their cryptocurrency holdings; they work by converting crypto into fiat currency at the point of sale.

A common complaint about cryptocurrencies has been the difficulty users face in utilizing them for everyday transactions. But crypto debit cards have bridged the gap between crypto and traditional finance (to an extent), allowing you to spend your cryptocurrencies at millions of merchants worldwide. These cards indicate a significant transformation, where the traditional financial system becomes closely integrated with the one based on blockchains.

Crypto debit cards are as legitimate as regular debit cards, making everyday transactions seamless. From shopping online to dining out, crypto debit cards combine convenience and accessibility with rewards and security. These cards are an advancement in the convergence of crypto and traditional finance.

This crypto debit card guide for beginners explores how these cards work, their benefits and how to use them effectively. Read More


 

Centralization and the authoritarian threat to privacy — Web3 exec

Threat actors using artificial intelligence and scalable quantum computers will see centralized information systems as honeypots.

David Holtzman — a former military intelligence professional, author, White House adviser and chief strategy officer of the Naoris decentralized security protocol — recently told Cointelegraph that centralized data systems invite abuse from state and corporate actors due to their single point of control.“

"The whole problem with centralized systems is that there’s a center,” Holtzman said in an interview. According to the executive, the security of centralized systems is further threatened by advances in artificial intelligence and quantum computers.

Both threats can be mitigated, the Naoris executive said. Decentralizing AI through blockchain adds a human check against AI, and quantum-resistant algorithms can shield private data. Still, the threat of concentrated institutional power remains an issue. Holtzman said:

"I think humanity is due for a bit of a shakeup because we've given too much power to institutions in the last 50 years — not just the military either. Corporations have an astonishing amount of power in most Western countries right now that they didn't have in the 1950s and 1960s."

Decentralizing data information systems has become a critical security problem as quantum computers threaten to break the encryption standards used in digital finance, banking, the healthcare system, and even military intelligence. Read More


 

Important Updates About The ILP and Entrepreneur One Upgrade 

We are on the verge of the greatest economic renaissance globally, undoubtedly the most extraordinary in the history of the United States, and even overshadow the impact of the Industrial Revolution. At the forefront of this revolution is cryptocurrency, which holds the power to empower millions of individuals and integrate them into a secure, decentralized global economy. Cryptocurrency introduces extra protection for people and presents an opportunity to evade issues such as inflation, political uncertainty, and economic marginalization.

It is a “rebuilding” of the entire global economy, and Markethive is at the threshold of this economic resurgence, ready to launch after years of preparation, iterations, and Divine guidance. Cryptocurrency has paved the way for revolutionary platforms to counter many real-world problems across various sectors, with Markethive pioneering social, marketing, and digital broadcasting.

We are launching into what many are calling the greatest crypto revolution ever. This revolution marks the increasing realization of the actual economic and social potential of decentralized platforms, heralding autonomy, financial sovereignty, and wealth distribution in a dynamic crypto-enabled ecosystem. As more people recognize these potentials, the crypto market will experience unprecedented growth and innovation, creating a renaissance within Markethive. Read More


 

How to buy gold with Bitcoin in 2025

Want to buy gold with Bitcoin in 2025? Explore secure ways to transact, top platforms to use, tax considerations and tips to avoid common pitfalls.

BTC and gold have one thing in common: Both are a reliable store of value. BTC is a digital asset that has experienced significant price fluctuations over time, while gold has a long-standing history of preserving wealth through various economic cycles. Including both BTC and gold in your portfolio can strengthen your financial strategy.

Using BTC to buy gold allows you to diversify your wealth without needing to convert to cash, helping you avoid high conversion fees and offering a faster, more efficient transaction experience. 

Gold, with its centuries-old role as a stable store of value, is generally less volatile than BTC, which helps balance Bitcoin’s price fluctuations. Combining both assets creates a well-rounded hedge against market risks, providing stability and growth potential for your portfolio. 

As of 2024, gold continues to be a preferred safe-haven asset, while BTC’s rise has made it a sought-after digital asset for long-term investment.

Buying gold with BTC bridges the gap between modern and traditional assets, enhancing wealth management flexibility. You benefit from holding a high-value decentralized asset while taking advantage of gold’s long-term value. This synergy makes buying gold with BTC a strategic, forward-thinking financial diversification strategy. Read More


 

Crypto hackers take new spin on fake job scam, dropping ‘nasty’ malware

Rather than tricking victims into opening malware-infested PDFs or running malicious video calling software, this attack method prompts victims to fix a microphone and camera access issue.

Crypto hackers have reportedly found a slick new way of tricking their victims into downloading “nasty” malware that can grant hackers access to a victim’s computer and drain their wallets or do other significant damage. 

According to blockchain sleuth Taylor Monahan, known as Tay on X, the hackers would first pose as a recruiter from a reputable crypto firm offering their target a  $200,000 to $350,000 salary.

However, instead of enticing the target to open a PDF containing malware, or getting a victim to download video-call software disguised as malware, the method involves having the victim follow instructions to fix a microphone and video access issue. Read More


 

Bitwise Pursues Approval for Groundbreaking Bitcoin Standard Corporations ETF

Bitwise, one of the largest asset managers in the U.S., has filed for clearance to launch an ETF tracking the performance of companies holding bitcoin as a reserve asset. The instrument, called Bitwise Bitcoin Standard Corporations ETF, would own stocks of companies having more than 1,000 BTC.

Bitwise, one of the largest crypto and exchange-traded fund (ETF) managers in the U.S., is designing a tool to allow the public to invest in companies supporting bitcoin. The institution filed for the approval of an ETF tool to track the performance of companies holding bitcoin as part of their reserve holdings.

Nate Geraci, president of the ETF Store, an investment advising firm that focuses on ETFs, first broke the news on social media, stating that the BTC treasury operation virus was spreading due to the public companies’ growing adoption of the prime cryptocurrency.

The filed prospectus details that the Bitwise Bitcoin Standard Corporations ETF would invest in companies with at least 1,000 BTC in their corporate treasuries. If adopted, this could provide investors with exposure to these companies without owning each separate stock, simplifying their investment tasks. The fund would invest at least 80% of its net assets plus borrowings in the shares part of the index.

Geraci had predicted the partition of such an instrument, recognizing that there would be demand for this kind of fund. “Only a matter of time until there’s a filing for an ETF like this. Just need the universe of companies to expand,” Geraci assessed. Read More


 

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

In 2024, DEXs (decentralized exchanges) snagged a greater portion of the crypto trading pie, demonstrating the future of finance is firmly headed toward decentralization.

And Trump’s recent victory has only reinforced this trend, with Bitcoin’s price surging to nearly $91,000.

As monthly DEX trading volume soared above $250 billion in March and June 2024 for the first time since 2021, it’s clear that traders are increasingly opting for the benefits of autonomy and transparency these platforms offer.

Over the past 12 months, several DEX platforms have refined their offerings to enhance the trading experience while prioritizing financial inclusivity and trust.

This evolution indicates that the market is not just progressing – it has reached a level of maturity that some skeptics never anticipated. But these successes did not come without some hurdles.

As 2025 approaches, 2024’s achievements and setbacks serve as a roadmap for where the market is heading.

While no crystal ball can predict the future, one can assume that the steady shift from CEXs (centralized exchanges) to DEXs is just the beginning. Read More


 

Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.

Featured Image Source: Pixabay

 

 

 

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