Zug, Switzerland, December 19th, 2024, Chainwire Acurast , a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store . This application allows iPhone users to share their device's computing power with Acurast's decentralized confidential cloud network, offering an opportunity to earn rewards in return. By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to operate as powerful computing providers. With this new expansion to iOS, Acurast's ecosystem grows bigger, welcoming iPhone users into a network that's changing the way cloud computing is done. This shift marks a step forward in accessibility and control over how compute power is managed worldwide. Acurast also takes a unique, sustainable approach: repurposing mobile phones with damaged screens or unused older models into affordable compute resources. These upcycled devices become cost-effective alternatives to traditional servers, bringing sustainability into the heart of cloud infrastructure. Users providing compute power through Acurast Processor Lite can earn rewards in the form of cACU tokens. Each user can earn up to 250 cACU per month in bootstrapping rewards simply by running the Processor connected to the internet. Additional rewards are earned whenever developers deploy applications on the Acurast Cloud and utilize the user’s Processor resources. Key Features of Acurast Processor Lite for iOS: ● Providing Compute Power Used By Developers To Deploy Their Applications: Getting started with users' everyday phones or onboard upcycled devices. ● Broading Compatibility: Supports iPhone 6s and newer models, allowing a wide range of users to participate. ● Secure and Private: Maintains data security and user privacy, giving users peace of mind. iPhone users can join the Acurast Cloud Rebellion by downloading Processor Lite iOS. Whether with an everyday phone or dedicated upcycled devices, joining means earning rewards and supporting a shift toward a more decentralized, sustainable, and user-driven confidential cloud infrastructure. Alessandro De Carli, Co-Founder of Acurast shared, "With the launch of Acurast Processor Lite for iOS, we're taking a significant step toward democratizing cloud computing. By enabling iPhone users to contribute their phones' compute power, we're building a more decentralized, secure, and confidential cloud infrastructure. This is not just about technology; it's about empowering individuals to be part of a global movement that redefines how we think about and utilize computing resources." Users can download Processor iOS Lite here: Processor iOS Lite About Acurast Acurast is transforming the cloud landscape by championing mobile-powered disruption in decentralized, confidential, and accessible computing. By enabling individuals to contribute compute power from their phones, Acurast is building a decentralized, serverless cloud that democratizes access to computing resources. Press Contact: Pascal Brun Co-Founder Acurast Association Email: pascal@acurast.com ContactComms and PR managerJonathan DuranDistractiveJonathan@distractive.xyz Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
As December 2024 unfolds, the cryptocurrency market continues to offer remarkable opportunities for investors aiming to maximise their returns. While Bitcoin remains a dominant force, altcoins have emerged as compelling investment options, promising innovative solutions and strong growth potential. For those seeking the best altcoins to invest in December 2024, Qubetics, Toncoin, Chainlink, VeChain, and Hedera stand out as top contenders. Each of these projects brings unique value propositions and advancements to the table. From Web3 aggregators to decentralised oracles, their innovative approaches make them indispensable in the evolving blockchain landscape. Let us explore why these altcoins deserve attention this December. 1. Qubetics ($TICS): Pioneering Web3 Innovation Qubetics has solidified its reputation as the world’s first Web3 aggregator, addressing real-world challenges with transformative solutions. Its decentralised VPN (dVPN) ensures secure internet access while promoting affordability and privacy. Businesses and individuals alike benefit from its practical applications. For instance, a consulting firm can use Qubetics to ensure confidential communication with international clients, while a remote worker relies on its dVPN to protect sensitive data. The numbers behind Qubetics highlight its potential. Over 359 million $TICS tokens have been sold during its presale, raising $7.2 million. Currently priced at $0.0342, the token offers substantial growth potential. A $50,000 investment today could yield $1,410,390.91 at a $1 valuation or $21,755,867.61 if the price reaches $15 post-mainnet launch. Why did this coin make it to this list? Qubetics stands out for its robust use cases, strong presale performance, and unparalleled potential for investors seeking the best altcoins to invest in December 2024. 2. Toncoin: Simplifying Blockchain for Everyday Users Toncoin, born from the Telegram Open Network project, has carved a niche as a user-friendly blockchain platform. Its seamless integration with Telegram allows users to send and receive cryptocurrency effortlessly, promoting mass adoption. Businesses can leverage Toncoin for efficient payment processing, while individuals enjoy its accessibility for peer-to-peer transactions. With its expanding ecosystem and ongoing partnerships, Toncoin has attracted attention from both retail and institutional investors. The project’s commitment to scalability and security ensures its long-term viability in the competitive crypto market. Why did this coin make it to this list? Toncoin’s ease of use and integration with a widely popular platform make it a standout option for investors this December. 3. Chainlink: Bridging Real-World Data and Blockchain Chainlink continues to lead the decentralised oracle market, enabling smart contracts to interact with real-world data. Its technology is critical for powering decentralised finance (DeFi) applications, supply chain tracking, and more. A logistics company, for example, can use Chainlink’s oracles to verify the authenticity of shipment data, ensuring transparency and efficiency. The project’s consistent innovation and integration with major blockchain platforms have cemented its position as a market leader. With the increasing demand for reliable data feeds in blockchain applications, Chainlink’s potential remains strong. Why did this coin make it to this list? Chainlink’s critical role in connecting blockchain with external data makes it one of the best altcoins to invest in December 2024. 4. VeChain: Revolutionising Supply Chain Management VeChain has emerged as a game-changer in supply chain management, leveraging blockchain technology to enhance transparency, efficiency, and traceability. Its dual-token system supports enterprise-level adoption, offering tailored solutions for industries such as retail, automotive, and healthcare. For example, a food producer can use VeChain to trace the journey of products from farm to table, ensuring quality and compliance. VeChain’s partnerships with global corporations demonstrate its utility and potential for widespread adoption. Its focus on solving real-world problems ensures its relevance in an increasingly digitalised economy. Why did this coin make it to this list? VeChain’s ability to provide practical solutions for industries worldwide makes it a top contender for December investments. 5. Hedera: The Enterprise-Grade Blockchain Hedera offers an enterprise-grade blockchain platform known for its speed, security, and energy efficiency. Its unique Hashgraph consensus mechanism sets it apart, enabling high-throughput and low-latency transactions. Enterprises across sectors, from finance to healthcare, can utilise Hedera to enhance operations and reduce costs. Hedera’s growing ecosystem of applications and partnerships underscores its potential. With its focus on sustainability and innovation, it appeals to investors seeking long-term growth in the blockchain space. Why did this coin make it to this list? Hedera’s enterprise focus and technical superiority make it one of the best altcoins to invest in December 2024. Conclusion: Invest in Tomorrow’s Leaders Today Qubetics, Toncoin, Chainlink, VeChain, and Hedera each offer unique opportunities for investors. Whether it is Qubetics’ transformative Web3 solutions, Toncoin’s accessibility, Chainlink’s oracle technology, VeChain’s industry applications, or Hedera’s enterprise-grade blockchain, these altcoins are shaping the future of cryptocurrency. Investing in the best altcoins to invest in December 2024 ensures you are positioned to benefit from their growth trajectories. The time to act is now. These projects represent the cutting edge of blockchain innovation—seize the opportunity before it passes. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Zug, Switzerland, December 19th, 2024, Chainwire Acurast , a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store . This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return. By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to operate as powerful computing providers. With this new expansion to iOS, Acurast’s ecosystem grows bigger, welcoming iPhone users into a network that’s changing the way cloud computing is done. This shift marks a step forward in accessibility and control over how compute power is managed worldwide. Acurast also takes a unique, sustainable approach: repurposing mobile phones with damaged screens or unused older models into affordable compute resources. These upcycled devices become cost-effective alternatives to traditional servers, bringing sustainability into the heart of cloud infrastructure. Users providing compute power through Acurast Processor Lite can earn rewards in the form of cACU tokens. Each user can earn up to 250 cACU per month in bootstrapping rewards simply by running the Processor connected to the internet. Additional rewards are earned whenever developers deploy applications on the Acurast Cloud and utilize the user’s Processor resources. Key Features of Acurast Processor Lite for iOS: ● Providing Compute Power Used By Developers To Deploy Their Applications: Getting started with users’ everyday phones or onboard upcycled devices. ● Broading Compatibility: Supports iPhone 6s and newer models, allowing a wide range of users to participate. ● Secure and Private: Maintains data security and user privacy, giving users peace of mind. iPhone users can join the Acurast Cloud Rebellion by downloading Processor Lite iOS. Whether with an everyday phone or dedicated upcycled devices, joining means earning rewards and supporting a shift toward a more decentralized, sustainable, and user-driven confidential cloud infrastructure. Alessandro De Carli, Co-Founder of Acurast shared, “With the launch of Acurast Processor Lite for iOS, we’re taking a significant step toward democratizing cloud computing. By enabling iPhone users to contribute their phones’ compute power, we’re building a more decentralized, secure, and confidential cloud infrastructure. This is not just about technology; it’s about empowering individuals to be part of a global movement that redefines how we think about and utilize computing resources.” Users can download Processor iOS Lite here: Processor iOS Lite About Acurast Acurast is transforming the cloud landscape by championing mobile-powered disruption in decentralized, confidential, and accessible computing. By enabling individuals to contribute compute power from their phones, Acurast is building a decentralized, serverless cloud that democratizes access to computing resources. Press Contact: Pascal Brun Co-Founder Acurast Association Email: pascal@acurast.com Contact Comms and PR manager Jonathan Duran Distractive Jonathan@distractive.xyz
Zug, Switzerland, December 19th, 2024, Chainwire Acurast , a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store . This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return. By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to operate as powerful computing providers. With this new expansion to iOS, Acurast’s ecosystem grows bigger, welcoming iPhone users into a network that’s changing the way cloud computing is done. This shift marks a step forward in accessibility and control over how compute power is managed worldwide. Acurast also takes a unique, sustainable approach: repurposing mobile phones with damaged screens or unused older models into affordable compute resources. These upcycled devices become cost-effective alternatives to traditional servers, bringing sustainability into the heart of cloud infrastructure. Users providing compute power through Acurast Processor Lite can earn rewards in the form of cACU tokens. Each user can earn up to 250 cACU per month in bootstrapping rewards simply by running the Processor connected to the internet. Additional rewards are earned whenever developers deploy applications on the Acurast Cloud and utilize the user’s Processor resources. Key Features of Acurast Processor Lite for iOS: ● Providing Compute Power Used By Developers To Deploy Their Applications: Getting started with users’ everyday phones or onboard upcycled devices. ● Broading Compatibility: Supports iPhone 6s and newer models, allowing a wide range of users to participate. ● Secure and Private: Maintains data security and user privacy, giving users peace of mind. iPhone users can join the Acurast Cloud Rebellion by downloading Processor Lite iOS. Whether with an everyday phone or dedicated upcycled devices, joining means earning rewards and supporting a shift toward a more decentralized, sustainable, and user-driven confidential cloud infrastructure. Alessandro De Carli, Co-Founder of Acurast shared, “With the launch of Acurast Processor Lite for iOS, we’re taking a significant step toward democratizing cloud computing. By enabling iPhone users to contribute their phones’ compute power, we’re building a more decentralized, secure, and confidential cloud infrastructure. This is not just about technology; it’s about empowering individuals to be part of a global movement that redefines how we think about and utilize computing resources.” Users can download Processor iOS Lite here: Processor iOS Lite About Acurast Acurast is transforming the cloud landscape by championing mobile-powered disruption in decentralized, confidential, and accessible computing. By enabling individuals to contribute compute power from their phones, Acurast is building a decentralized, serverless cloud that democratizes access to computing resources. Press Contact: Pascal Brun Co-Founder Acurast Association Email: pascal@acurast.com Contact Comms and PR manager Jonathan Duran Distractive Jonathan@distractive.xyz
According to recently published documents, the U.S. Securities and Exchange Commission (SEC) has officially accepted the amendment application for the Franklin Crypto Index ETF. The ETF proposed by Franklin Templeton aims to provide a comprehensive cryptocurrency investment portfolio and will be an important step in the expansion of crypto investment products. Franklin Templeton first filed an S-1 filing on Aug. 17 for a new ETF that aims to track the CF Institutional Digital Asset Index. The index is currently limited to Bitcoin and Ethereum. If approved, the Franklin Crypto Index ETF will list on the Cboe BZX exchange and use Coinbase Custody Trust Company LLC as its digital asset custodian. The fund plans to allocate investments closely aligned with the weightings of its underlying index and may add other cryptocurrencies in the future. Related News: El Salvador Takes Another Step Back on Bitcoin - Country's BTC Officer Issues Statement “Index ETFs are the next logical step for cryptocurrency investment, similar to investors purchasing S&P 500 ETFs,” said Katalin Tischhauser, head of investment research at Sygnum Crypto Bank, noting the importance of such products. Before trading can begin, the SEC must approve the ETF’s registration application and ensure it is listed on at least one public exchange. While index ETFs currently focus on Bitcoin and Ethereum due to regulatory restrictions, approval of such products could pave the way for broader crypto ETF offerings. *This is not investment advice. Continue Reading: Interesting Move from the SEC: May Have Paved the Way for Bitcoin and Non-Ethereum Altcoin ETFs
Dogecoin drama? Major meme coin DOGE hits oversold territory amid crash
The post World Liberty Financial Swaps $10.4M in cbBTC for WBTC Amidst Delisting Controversy appeared first on Coinpedia Fintech News In a latest development, World Liberty Financial (WLFI), a project tied to Donald Trump, has swapped 102.9 cbBTC, valued at $10.4 million in Coinbase-backed cbBTC for 103.15 WBTC. This occurred after Coinbase announced the delisting of WBTC due to apparent failure to meet the exchange’s standards, which has led to speculation and controversies among market participants. Tron founder Justin Sun also questioned Coinbase CLO Paul Grewal on the delisting of wBTC and the fairness of their token listing standards. World Liberty Financial might have opted for stability by choosing WBTC, owing to its longer market presence and infrastructure advantages compared to cbBTC.
The creators of the Hawk Tuah meme coin, fronted by influencer Hailey Welch, face legal troubles following a freshly filed federal lawsuit.
The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards. This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has been a consistent voice in tracking Bitcoin’s movements using Fibonacci extensions during the current market cycle. Back in August, when Bitcoin was hovering around $60,000, CryptoCon projected a surge to $109,236 by December. This prediction was based on the 0.618 Fibonacci extension and eventually played out with remarkable accuracy. Related Reading: Cardano Price Eyes Recovery Toward $2 As Million-Dollar Whale Transactions Explode On The Network Since first breaking above the $100,000 mark on December 5, this price point has proven to be a psychological barrier and there have been multiple retests since then. Despite this back and forth, Bitcoin enthusiasts remain strongly optimistic, and the Crypto Feat And Greed Index remains in Extreme Greed. As such, the correction in the past 24 hours is viewed by CryptoCon as a minor event in a larger narrative. According to the analyst, Bitcoin’s rise to $109,000 marked just one step in its ongoing journey. The analyst emphasized that corrections, while inevitable, are becoming less significant in the context of the increasingly well-established bull market. “Corrections are an afterthought. That doesn’t mean they won’t come, it just means they’re not important,” CryptoCon said regarding corrections. The Next Target: $166,000 By February 2025 Looking ahead, CryptoCon has turned attention toward the 5.618 Fibonacci extension as the next key milestone in Bitcoin’s ongoing bull market. This projection aligns closely with a price target of approximately $162,000. According to the analyst, this ambitious target could materialize as soon as February 2025, given Bitcoin’s current rate of price growth. Related Reading: Analyst Who Correctly Predicted The Fantom Breakout Above $1 Reveals What’s Next In The Parabolic Trend At present, Bitcoin is trading at $101,600. For the cryptocurrency to reach the $162,000 level, it would need to register another 60% increase from its current price point. CryptoCon does not see the February 2025 target as the conclusion of Bitcoin’s bull run. In fact, the prediction is accompanied by a detailed multi-year chart outlining Bitcoin’s consistent upward trajectory since November 2023. This chart highlights a pattern of steady 52% gains before encountering resistance at Fibonacci extension levels. The path to $162,000 is viewed as one of some price targets before notable corrections. Interestingly, the analysis also hints at an even loftier price target tied to the 6.618 Fibonacci extension level. If Bitcoin were to reach this extreme milestone, it would translate to a price of around $254,100. For now, Bitcoin appears ready for a steady continued growth above $100,000, with corrections in between. Featured image created with Dall.E, chart from Tradingview.com
The post NiceHash Moves to Switzerland to Reinforce Its Role in Compliant Crypto Mining appeared first on Coinpedia Fintech News As the cryptocurrency industry matures, regulatory compliance has become essential for companies aiming to thrive in the ever-evolving landscape. Leading cryptocurrency mining platform NiceHash has demonstrated its willingness to lead by example by relocating operations from the British Virgin Islands to Zug, Switzerland. This strategic move to Europe’s Crypto Valley will support NiceHash’s commitment to adhere to global standards, particularly as European regulations tighten. The transition began in November and is expected to conclude by mid-December, once the minutiae of shifting HQ has been finalized. In doing so, NiceHash joins a handful of other crypto companies that have pledged to set up shop in the EU, including several tier-1 exchanges. New Address, Same NiceHash The decision to make the move to Swiss territory feeds into NiceHash’s goal of positioning itself at the forefront of compliant crypto mining services. The transition not only aligns with Switzerland’s robust regulatory framework but ensures adherence to the European Union’s Markets in Crypto-Assets Regulation (MiCA) and the Travel Rule, both of which are reshaping the cryptocurrency industry. Switzerland’s reputation as a hub for blockchain innovation and regulatory clarity makes it an ideal destination for crypto companies such as NiceHash. Zug, in particular, has become synonymous with the crypto industry, hosting a thriving ecosystem of blockchain startups, industry leaders, and regulatory bodies that foster innovation while ensuring compliance. Crypto Companies Comply With MiCA The European Union’s Markets in Crypto-Assets Regulation (MiCA), set to come into full effect by December 2024, represents one of the most comprehensive regulatory frameworks for cryptocurrencies. Covering crypto issuance, trading, and service provision, MiCA aims to establish a unified approach to crypto governance across EU member states, promoting transparency and investor protection. The Travel Rule, a separate but equally impactful regulation, mandates that cryptocurrency service providers collect and share customer information during transactions above a certain threshold. Its goal is to combat money laundering and illicit financial activities, aligning crypto operations with global standards applied in traditional finance. While there have been some concerns raised in regards to the EU’s wide-ranging new regulatory framework, particularly in the context of stablecoin issuance, industry players have widely accepted the regulations as the price of progress. They’re designed to weed out less scrupulous players, driving crypto users into the arms of legitimate companies committed to upholding rigorous security and compliance standards. Simplifying Cryptocurrency Mining Founded in 2014, NiceHash has become synonymous with cryptocurrency mining, offering a marketplace that connects sellers of hashing power with buyers looking to mine cryptocurrencies. Unlike traditional mining operations that require significant upfront investment in hardware and energy costs, NiceHash democratizes access by allowing individuals and businesses to lease computational power on demand. Sellers can monetize idle GPU or CPU resources, while buyers can choose from a variety of mining algorithms, optimizing profitability and efficiency. This two-way marketplace has made NiceHash a popular choice for seasoned miners with hashrate to spare and newcomers exploring the space. While already compliant with EU regulations, the move to Zug demonstrates its determination to maintain its status as Europe’s favorite crypto mining platform.