According to Cointelegraph, monolithic blockchains, which integrate different layers into a single architecture, showed strong performance in September, as highlighted in VanEck's latest Crypto Monthly Recap. The report noted significant price gains for Solana (SOL), Sui (SUI), and Aptos (APT), with increases of 14%, 118%, and 23%, respectively. Sui's impressive performance was driven by a 140% increase in daily active addresses during September, pushing its market capitalization above $5 billion. VanEck's researchers also pointed to Aptos' recent Raptr software upgrade as a key factor behind the network's 30% month-over-month growth in daily active addresses. Monolithic blockchains, often referred to as 'Ethereum killers,' are noted for their higher throughput compared to modular blockchains due to their more efficient structures. Earlier in 2024, Pantera Capital described Solana as the MacOS of blockchains, emphasizing its vertically integrated protocol. This approach is similar to Apple's strategy of developing both software and hardware in-house. The higher throughput and lower transaction costs of blockchains like Solana and Sui make them attractive for smaller payments, asset tokenization, and minting non-fungible tokens (NFTs). A recent report from Sygnum Bank highlighted Solana's potential as a payment network and its ability to challenge Ethereum's dominance. VanEck's previous report indicated that newer layer-1 competitors are reducing fees and transaction times, which is eroding Ethereum's market share. Researchers noted that market speculation remains the primary use case for public blockchains, and the lower transaction costs of higher throughput layer-1 blockchains are encouraging users to migrate from Ethereum. This migration has contributed to Ethereum's poor price performance throughout much of 2024. Ethereum's price dropped by 12% between Oct. 1 and Oct. 3, and the digital asset has been trading below its 200-day exponential moving average (EMA) since August 2024.

A recent Binance report highlights critical risks in the cryptocurrency market, pointing to inflated valuations and the concentration of token ownership as major concerns. source: https://cryptodnes.bg/en/binance-warns-of-overvaluation-and-centralization-threats-in-crypto-market/

Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions. source: https://cointelegraph.com/news/monolithic-blockchains-outperformed-september-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

With Bitcoin’s (BTC) price hovering above $60,000, the maiden cryptocurrency’s technical pattern hints at a new rally that will potentially … Continue source: https://finbold.com/bitcoin-pattern-in-full-motion-sets-btc-price-for-the-end-of-2024/

Investors have gotten quite a scare so far in October, with Bitcoin ETFs marking three straight days of losses to start the month. source: https://decrypt.co/284703/bitcoin-etfs-bleeding-out-october

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. source: https://www.theblock.co/post/319595/the-daily-imf-urges-el-salvador-to-limit-scope-of-bitcoin-law-hbo-documentary-claims-to-unveil-satoshis-identity-and-more?utm_source=rss&utm_medium=rss

Bittensor (TAO) is gaining attention, along with other top earners in the AI narrative. TAO had its most successful month so far, earning more than 100% in September. source: https://www.cryptopolitan.com/bittensor-tao-becomes-top-gainer-among-recovering-ai-narrative/

Will the long-standing puzzle of the identity of Bitcoin’s creator finally be resolved? source: https://dailycoin.com/satoshi-finally-unmasked-hbo-documentary-promises-answers/?utm_source=cryptopanic&utm_medium=rss

null source: https://x.com/DaanCrypto/status/1842248818911551839

The European Union has approved tariffs of up to 35.3% on all kinds of electric vehicles (EVs) imported from China. Reports say this decision follows a year-long investigation by the European Commission, targeting Chinese EV manufacturers for receiving unfair government subsidies. The subsidies apparently distort the market and give Chinese manufacturers an advantage over European […] source: https://www.cryptopolitan.com/eu-approves-tariffs-on-chinas-electric-vehicle-imports/

Most DeFi protocols rely on oracle price feeds to process derivative contracts, liquidate bad assets, etc.

Google has launched a new video search feature that allows users to point their camera at objects and ask questions, providing relevant search results. This initiative, part of their ongoing AI enhancements, aims to improve user interaction and maintain Google’s dominance in the competitive search market.

When Apple announced iOS 18, most attention was drawn to its new artificial intelligence (AI) features, such as personalized AI assistants and enhanced machine learning capabilities. However, a quieter yet potentially more disruptive change—an update to contact sharing—could have a significant impact on the future of social and messaging apps.

Samsung and Google are joining forces to take on Meta’s Ray-Ban Meta glasses, a move that has the potential to shake up the smart glasses market. According to a report from The Information, the collaboration is centered around creating a competitor to Meta's smart eyewear, integrating Google’s advanced Gemini AI. This project was given the green light earlier this year following debates at Google about whether to pursue full augmented reality (AR) glasses or a simpler, more streamlined product like Meta’s smart glasses.

The brain of a fruit fly, while far from being the most sophisticated in the animal kingdom, has just provided scientists with an unprecedented opportunity to learn more about how brains function.This groundbreaking work, led by a consortium of scientists from the FlyWire project, offers a new window into the intricate web of neurons and synapses that form the building blocks of cognition and behavior.

As the artificial intelligence (AI) landscape continues to evolve at an unprecedented pace, tech giants Google and OpenAI are now setting their sights on the next frontier in AI development: reasoning. Both companies are working to build AI models that more closely mimic human-like reasoning capabilities, a development that could revolutionize the way AI systems interact with complex tasks like math, coding, and problem-solving.

OpenAI, the artificial intelligence startup best known for developing ChatGPT, has raised $6.6 billion in a major funding round, marking one of the largest investments ever made in a private company. This latest round values OpenAI at a staggering $157 billion, placing it on par with the market capitalizations of publicly traded giants such as Goldman Sachs and Uber.

Satoshi Nakamoto's real identity could be finally revealed, in the new documentary "Money Electric: The Bitcoin Mystery".

Recently, there is a view that L2 is splitting Ethereum and grabbing value from Ethereum. Is this true? As an Ethereum ecosystem, how can we do better?

Taiwan's Financial Supervisory Commission has mandated that all virtual asset service providers register by September 2025 and comply with new anti-money laundering regulations effective January 2025. The regulations aim to enhance oversight, reduce risks, and ensure that management teams have the required experience and no criminal records.