Polkadot Rollup, Hyperbridge, Extends Initial Relayer Offering After Selling Over 52 Million Tokens

Zurich, Switzerland, January 17th, 2025, Chainwire Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025 Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes in response to overwhelming demand, with over 52 million tokens out of the total 100 million supply already sold. The extension offers prospective participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this extension provides a final window for supporters to secure their position within the ecosystem. 50% Bonus Already Claimed: Early participants who joined before the initial deadline secured a 50% token bonus, a testament to Hyperbridge’s commitment to rewarding early adoption. 15% Bonus Available: A limited opportunity remains for participants to receive a 15% bonus on their token purchase. “We’ve been thrilled by the incredible support from our community so far,” said Seun Lanlege, Founder of Polytope Labs. “Selling over 52 million tokens is a major milestone, and with the extension, we’re excited to welcome even more relayers into the Hyperbridge network before our Token Generation Event in Q1.” Hyperbridge’s mainnet launch marks a notable advancement in its journey toward transforming blockchain interoperability. The protocol has integrations with many ecosystems, including Ethereum, Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, and more. The Gateway Token Bridge is already live, enabling secure, scalable cross-chain token transfers, messaging, and state queries. These integrations position Hyperbridge as a key contributor to the advancement of cross-chain applications. Hyperbridge is set to hold its Token Generation Event in Q1 2025, and participants in the IRO will be among the first to receive their tokens, unlocking opportunities to actively engage with the protocol. With its advanced zk-technology and focus on security, Hyperbridge has already seen rapid adoption, supported by integrations across major blockchain ecosystems. The protocol’s hub model ensures scalability and reliability, attracting developers, DAOs, and DeFi projects looking for robust cross-chain solutions. Regarding utility for the Hyperbridge token, $BRIDGE: a minimal BRIDGE token fee is required for transactions. So transactions such as cross-chain messages, storage queries, and state reads will use the token. Tokens collected as transaction fees are used to fund incentives and rewards for both relayers and block producers. Hence the token is planned to have zero inflation. The token will also be used for governance. For more information, users can visit Hyperbridge ( https://app.hyperbridge.network/sale ) About Hyperbridge Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests). Website , Twitter About Polytope Labs Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. Focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. The team believes that Web3 is the next evolutionary step of the internet, and is fully committed to advancing truly decentralized technologies. Website , Twitter Contact Jonathan Duran Jonathan@distractive.xyz

Read more

Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025

CoinCodex’s Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year’s Second Quarter (Q2). Dogecoin Price Prediction From January To December According to CoinCodex’s price projections, Dogecoin is expected to start 2025 with modest growth, reaching a minimum target of $0.352 and a maximum of $0.386 by January. This predicted price suggests a potential Return On Investment (ROI) of approximately 6.7%, as of writing. Related Reading: BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch By February, however, Dogecoin is projected to experience a slight fluctuation, dropping to a minimum price of $0.355. It is also projected to see a maximum potential surge to $0.368, marking an 11% ROI. Dogecoin’s most remarkable price run is anticipated to occur during March and April. In March, Dogecoin is forecasted to reach a maximum price of $1, representing approximately 152.07% in ROI. This price increase is expected to be followed by an even more impressive growth in April, pushing DOGE above $1, with an ROI of 168.2%. By May 2025, Dogecoin is expected to stabilize around the $0.74 price level, reflecting a new ATH and a 79.15% ROI surge. The summer months also show a steady growth rate, with June projected to see a maximum Dogecoin price of $0.58 and a minimum of $0.50. This target represents a significant decline from its projected peak in Q1 2025. Moreover, Dogecoin is expected to yield a total ROI of 39.63%. In July and August, Dogecoin’s price could rise to a maximum of $0.70 and $0.67, respectively. These price surges are also expected to generate a significant ROI of 70.9% in July and 64.3% in August. The latter part of 2025 suggests more tempered gains, with September’s Dogecoin price estimates at $0.6, October at $0.58, and November at $0.5, on average. Each month is projected to yield significant ROIs of 56.76%, 53.46%, and 26.78%, respectively. By December, Dogecoin is predicted to close the year at a minimum price of $0.47, a maximum of $0.52, or an average of $49. This reflects a 26.28% ROI; however, it also indicates a significant decline from previous projected highs during the early months of 2025. While CoinCodex predicts Dogecoin’s price from January to December 2025, it also advises taking short positions for the first two months of the year. On the other hand, investors are urged to adopt a buy strategy from March through December, aligning with the anticipated bullish trend. Related Reading: Bitcoin Price Above $100,000 Renews Hope, Analyst Reveals The Cycle Top Average Price Target For 2025 According to CoinCodex’s data, Dogecoin is expected to trade between $0.352 and $1.12. This suggests that the lowest expected price for this meme coin could be around $0.35, while its highest could surpass $1.12. Based on this predicted range, Dogecoin’s average price target for 2025 is $0.564, marking a potential ROI of 171.52% compared to current market rates. At the time of writing, the price of Dogecoin is $0.41. Featured image created with Dall.E, chart from Tradingview.com

Read more

Swiss state-owned PostFinance bank now offers ETH staking – Here’s what it means

As staking gains traction across crypto, TradFi is slowly embracing the new trend.

Read more

Litecoin ETF Inches Closer to Potential Approval Following Regulatory Filings

Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few

Read more

Ted Cruz to challenge IRS crypto rule: report

Senator Ted Cruz of Texas is preparing to challenge a newly finalized IRS cryptocurrency regulation using the Congressional Review Act The rule requires decentralized cryptocurrency exchanges to collect customer information, including names and addresses, and issue tax forms to users. This has sparked backlash from the crypto industry, according to an Axios report. Cruz’s move, supported by Sens. Cynthia Lummis , Bill Hagerty, and Tim Sheehy, is part of a broader effort to repeal what Republicans call the “midnight rules” of the Biden administration. These regulations were finalized late last year, and the CRA gives Congress until mid-May to overturn them. CRA resolutions bypass Senate filibusters, requiring only majority votes in both chambers to pass, according to Axios. You might also like: Remittix tipped for greater long-term growth than Shiba Inu and Dogecoin Government overreach The IRS rule has drawn criticism from crypto advocates, who argue it constitutes government overreach and threatens privacy in the decentralized finance ecosystem. The crypto industry, which has filed lawsuits against the IRS and Treasury Department over the regulation, sees the CRA as a potential lifeline. The lawsuits allege that the reporting requirements are unconstitutional and stifle innovation. Cruz, who chairs the Commerce Committee, has expressed confidence in the resolutions’ passage, stating that they will be considered “expeditiously,” according to Axios. You might also like: MARA mines “Trump 47” block to honor first Bitcoin president

Read more

Growing Support for Bitcoin Reserves in U.S. States Amid Coinbase’s Call for Federal Stockpile

Amidst shifting political tides, U.S. states are exploring the establishment of Bitcoin reserves, reflecting a growing acceptance of cryptocurrency in public finance. Recent legislative moves in Wyoming and Massachusetts illustrate

Read more

TON DeFi Lender EVAA Protocol Secures $2.5 Million in Private Token Sale: TON Coin Reaches $5.61

TON DeFi Lender EVAA Protocol Raises $2.5 Million in Private Token Sale ————— 💰Coin: TON ( $TON ) $5.61 ————— NFA.

Read more

Coinbase advocates for a US government strategic Bitcoin reserve

Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions. The post Coinbase advocates for a US government strategic Bitcoin reserve appeared first on Crypto Briefing .

Read more

Google rubbishes EU fact-checking commitments for its Search and YouTube platforms

Google has rejected the new European Union (EU) laws that require it to add fact-checking features to search results or YouTube. The regulation comes as the block plans to broaden disinformation laws. In 2022, the EU introduced a set of voluntary commitments for tech firms to cut disinformation. These would be made formal and into law under the Digital Services Act (DSA). The tech Google later changed its position Google has argued that these latest requirements are not a good fit for its services, adding that it will not be changing its content moderation policies to comply with the requirement. According to an Axios report, the tech giant wrote to the European Commission’s content and technology head Renate Nikolay explaining its position. In the letter, Google’s global affairs president Kent Walker told the Commission that Google would not be adding fact-checking to its search results and YouTube videos. “It simply is not appropriate or effective for the company.” Walker. Walker also pointed to Google’s existing system, which he believes works just fine, for example, he noted the platform’s successful content moderation during the 2022 elections as proof that its current approach is effective. However, Google had previously signed a set of EU voluntary commitments. The rules are there to reduce the impact of online disinformation, which is being formalized into laws under DSA. Resultantly, Walker said Google will also pull out all fact-checking commitments in the Code before the rules become law in the DSA Code of Conduct. This is not just a Google issue; it is part of a wider conversation about how much control tech platforms should have over the information that is seen online. Tech CEOs scout for support from Trump Google’s decision to withdraw from the voluntary commitments comes as US tech firms’ leaders including Google chief executive officer Sundar Pichai, have been trying to woo President-elect Donald Trump, with Tim Cook and Mark Zuckerberg urging him directly to combat EU regulatory enforcement. Last week, Meta announced it would stop fact-checking content and reduce its overall policing of speech. Similarly, since Elon Musk took over X (formerly Twitter) in 2022, he’s significantly relaxed the platform’s content moderation policies. Currently, the EU’s Code of Practice on Disinformation commits signatories to work with fact-checkers in all EU countries. This is to make their work available to users in all EU languages and cut financial incentives for spreading disinformation on their platforms. The code also compels companies to make it easier for users to recognize, understand, and flag disinformation, alongside labeling political ads and analyzing fake accounts, bots, and malicious deepfakes that spread disinformation. But the commitments are never legally binding. According to the EU, 40 online platforms have already signed the code including Microsoft, TikTok, Twitch, and Meta although the latter opted out of its fact-checking program in the US. X also pulled out after tech billionaire Elon Musk purchased the platform. The European Fact-Checking Standards Network said many other digital platforms that signed the voluntary disinformation code have been laidback about fulfilling their commitments. It is not clear if all the code’s requirements will be made official rules under the DSA. Lawmakers in the EU have been deliberating on the proposal with the online platforms signed to ascertain which commitments they will agree to follow. The code is not yet known when it will come into effect, but it is expected to come into force next month. As the debate around misinformation continues to heat up, Google’s refusal to comply with the EU’s demands is just the latest chapter in the ongoing conversation about the role of tech companies in managing online content. According to reactions, it seems clear that tech companies are not ready to take on the responsibility of fact-checking themselves, leaving the question of who should police online content still very much up in the air. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Read more

Wyoming and Massachusetts Join Growing List of States Considering Bitcoin Reserves

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.

Read more