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Bitcoin Undervalued Compared to Gold; Fair Value at $126,000, JPMorgan Says - CryptoShrypto
Bitcoin is currently undervalued relative to gold, with investment bank JPMorgan Chase estimating its fair value at approximately $126,000. The bank’s assessment is based on a sharp decline in Bitcoin’s volatility, which has dropped from nearly 60% at the beginning of the year to around 30%, the lowest level ever recorded. This has narrowed the […]
Swarm Network Raises $13M for Decentralized AI Verification System - CryptoShrypto
Blockchain-AI startup Swarm Network has secured $13 million in funding to develop a decentralized protocol that verifies artificial intelligence-generated content onchain. The company announced the raise on Wednesday, detailing a hybrid funding model that combines NFT licensing with strategic investments. A bulk of the capital—$10 million—was raised through the sale of operational licenses issued as […]
Gemini, Ripple Launch XRP Rewards Credit Card with Up to 10% Back - CryptoShrypto
Crypto exchange Gemini and blockchain firm Ripple have teamed up to launch a special XRP Edition of the Gemini Credit Card, offering U.S. users crypto rewards in XRP for everyday purchases, the companies announced Monday. Issued by WebBank and powered by Mastercard, the new credit card allows cardholders to earn XRP, the native token of […]
Bitcoin Hits New High Above $124K, Becomes 5th-Largest Global Asset - CryptoShrypto
Bitcoin reached a new all-time high early Thursday in Asia, surging past $124,000 and eclipsing its previous record of $123,205 set on July 14. The rally positions BTC as the fifth-largest asset globally by market capitalization, surpassing Alphabet (Google), with a total valuation of $2.46 trillion, according to CoinGecko. The milestone mirrors a broader surge […]
Nvidia Patches Critical Triton AI Server Flaws to Prevent Data Breach - CryptoShrypto
Nvidia has released an urgent software patch for its Triton Inference Server following the discovery of multiple critical vulnerabilities that could allow attackers to hijack AI models, steal sensitive data, and manipulate AI-generated outputs. The security flaws, revealed Saturday and classified as “critical” by cybersecurity firm Wiz, affect one of Nvidia’s core software tools used […]
US Investigates Brazil’s Pix System Over Digital Trade Concerns - CryptoShrypto
The United States has opened a formal investigation into Brazil’s digital trade practices, placing Brazil’s fast-growing Pix payment system at the center of growing trade and geopolitical tensions. U.S. Trade Representative Jamieson Greer announced the probe on Tuesday, stating that the review will assess whether Brazil’s policies are disadvantaging American companies. Greer pointed to potential […]