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Golden Cat joins ENI to develop blockchain-based environmental conservation platforms. The Asiatic Golden Cat protection organization Golden Cat has become partners with enterprise-grade blockchain ENI to achieve its mission of wildlife conservation through digital platforms. 🐱New Partnership !!@WildGoldenCat 🤝 @eni__official📌 ENI is a high-performance enterprise-grade blockchain built around Zero-Knowledge Proof (ZK) technology. It features a modular, multi-chain architecture, enabling seamless collaboration between the mainnet and AppChains,… pic.twitter.com/EDhIgjXPHK — Golden Cat (@WildGoldenCat) March 1, 2025 The partnership between ENI and this alliance establishes an efficient, secure platform which allows users to finance wildlife conservation efforts through digital economy participation. This article examines the organizational histories of the projects while describing their partnership details together with blockchain and conservation implications. Background on Golden Cat Golden Cat Token ($GCT) operates as a unique platform through its power to unite gaming activities with environmental protection initiatives. The project functions to safeguard the endangered Asiatic species living in Southeast Asia forests amid multiple life-threatening circumstances. The gameplay of $GCT features both educational content focused on wildlife protection and playable options that stimulate users to join real conservation efforts for the Golden Cat. The combination of amusement with effective conservation work makes the platform transform entertainment into an agent of environmental sustainability. About ENI The high-performance blockchain ENI implements reverse engineering zero-knowledge security protocols to preserve both operational speed and protection measures. Through its modular platform structure, ENI provides mainnet and AppChain organizations with the ability to work without obstacles while building extensible decentralized applications. Enterprise and developer needs in the digital age find their solution through ENI which delivers a strong Web3 infrastructure. The platform leads blockchain innovation because it maintains excellent transparency and efficiency, and it delivers robust security features that enable innovative projects across different business sectors. What this Partnership Brings to the Market The cross collaboration between Golden Cat and ENI will combine powerful blockchain infrastructure from ENI into GCT’s network of conservation initiatives. The use of ENI’s technological strengths by Golden Cat will result in enhanced data storage operations, management techniques, and optimization methods for keeping track of all transactions and conservation activities in an open and efficient way. Through this partnership, Golden Cat will achieve critical mission growth while accessing a wider audience because of the key aspects which ENI’s scalability and security provide. Users and developers will obtain a streamlined experience from this integration that links their gameplay activities with conservation efforts alongside blockchain technology innovation. Conclusion The platforms have joined forces to establish an important connection between technological systems and conservation work. GCT gains access to ENI’s top-notch blockchain solutions to help realize their mission of species protection through this strategic collaboration.

TL;DR According to Ali Martinez, SHIB could find support at as low as $0.0000094. However, a breakout above $0.00001461 could trigger bullish momentum and a 230% price rally. SHIB’s Freefall Could Stop Here The meme coin sector has suffered painful losses following the overall crypto market crash in the past few days. The second-largest asset of that type – Shiba Inu (SHIB) – was among the worst affected, with its price plummeting by 16% weekly and 10% daily. SHIB Price, Source: CoinGecko Its market capitalization plunged below $7.7 billion, meaning the asset is now out of crypto’s top 20 club. As expected, the downtrend has negatively affected SHIB’s investors. According to IntoTheBlock’s data, the share of people sitting at paper losses has surged past 60%. One person touching upon SHIB’s recent performance was Ali Martinez. The analyst assumed that the price of the meme coin could decline to $0.000012 or $0.0000094 before finding support. The second level represents a 30% decline from the current rate. Another industry participant who chipped in on the matter was the X user Rose Premium Signals. They envisioned a bullish momentum if SHIB breaks above $0.00001461. The analyst predicted that reclaiming the target could lead to a price rally to as high as $0.00004401 (a 230% increase from the ongoing valuation). More Pain Ahead? Two important factors signal that SHIB bears might continue to prevail in the short term. The first is the reduced Shibarium activity. At the beginning of the month, Shiba Inu’s layer-2 scaling solution processed multi-million transactions on a daily scale, but in the past few weeks, this figure has shrunk substantially. This suggests decreased interest in the network’s applications, such as decentralized finance (DeFi), NFT projects, or gaming platforms. For its part, this could lower demand for SHIB tokens and reduce the buying pressure. The next factor is Shiba Inu’s burning mechanism. The burn rate has dropped by 16% in the last 24 hours, resulting in around 25 million tokens sent to a null address. The program’s ultimate goal is to reduce the tremendous circulating supply of SHIB, possibly making the asset more valuable via scarcity. However, stalled progress could hinder that mission. The post Shiba Inu (SHIB) Might Plunge by Another 30% Before Finding Support (Analyst) appeared first on CryptoPotato.

XRP’s order book on Binance displays a rare bid skew within 50% of its market price, a pattern observed only four times over the past year. The latest TradingLite chart reveals a significant buy-side imbalance, making it structurally easier for XRP to move upward rather than downward. With the current bid-heavy order book, the probability of sustained buying pressure increases, aligning with historical trends that previously led to sharp price surges. XRP’s recent price movement saw a rally toward $3.50, followed by a retracement to $2.20, with volume spikes accompanying each major shift. The key takeaway from the data suggests that a strong bid wall may prevent deep corrections while opening the door for another upside attempt. The bid skew is not exclusive to Binance, as Coinbase reflects a similar pattern with a peak bid imbalance of 13 million XRP within 50% of the price range. This is the highest recorded bid skew in the past 15 months, highlighting the increasing buy-side dominance. Market participants absorb sell pressure aggressively, reinforcing a liquidity structure where buyers maintain control. The absence of significant sell walls further contributes to a supply squeeze, increasing the likelihood of a sharp move higher if the demand continues to persist. Historically, such bid skews have preceded notable price jumps, with market depth now leaning toward further upside momentum. XRP’s price action over recent months saw an explosive move from sub-$1.00 levels to a multi-year high near $3.50 before facing a correction. The retracement to around $2.20 indicates a consolidation phase, with volume suggesting a balance between profit-taking and renewed accumulation. Despite the short-term decline, the bid-ask spread indicator remains heavily tilted toward buyers, showing a strong deviation in favor of demand. This structural imbalance, coupled with an increased volume of limit orders on the bid side, suggests that market participants are positioning for another potential leg up. The 12-hour trading volume reflects notable spikes during key movements, further reinforcing that large buy orders continue to enter the market. With the order book dynamics favoring XRP’s bullish perspective, the immediate price movement will be determined by whether current bid pressure holds. Should such selling activity continue, retests of the $3.00 threshold might occur, along with the possibility of further upward progression if market momentum correlates. On the contrary, a drop below the $2.00 value may suggest a much larger retraction; judging by past performance, strong bid walls have averted such persistent downturns. As liquidity builds and demand levels remain high, traders will keep their eyes on XRP’s ability to maintain its bid skew advantage, for any change in market structure may alter the trajectory of the next major move. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Co-founder of Ethereum, Vitalik Buterin published an article on AI governance that examines the balance between human oversight and automated decision-making. The piece reviews decentralized frameworks, distributed systems, and innovative funding mechanisms for sustainable long-term institutions in the crypto ecosystem. Buterin’s article stresses that human input is essential for steering complex AI models. The framework proposes that minimal, high-quality data from individuals can guide a system that makes thousands of decisions autonomously. It argues that human oversight is necessary to verify and adjust the outputs of automated processes. A tweet by Wu Blockchain introduces the analogy, “AI as the engine, humans as the steering wheel.” This statement encapsulates the idea that while AI delivers immense computational power, the final direction depends on human-provided data. The tweet explains that even a few hundred bits of carefully curated information can set critical objectives. This design ensures that automated systems remain aligned with human values and operational needs. The explanation reinforces that the human role is to direct and moderate the AI’s extensive decision-making process. Vitalik published an article discussing AI, arguing that AI should be guided by humans (steering wheel) as a powerful tool (engine) to ensure that technological development is in line with human values and needs and to avoid the risk of power concentration or loss of control.… The article discusses how blockchain and similar distributed systems can be used to enhance transparency. It presents a system in which no decision is ever taken centrally but in a network of connected participants. The decentralization eliminates the possibility of central bias. The system consists of individual autonomous nodes supporting a balanced decision-making system. Distributed systems support public verification and traceable execution of rules. They provide an environment where different models interact competitively without any single point of failure. The framework explains that this method is similar to established practices in the cryptocurrency world. The transparent nature of the system builds trust among participants and stakeholders. Buterin’s proposal envisions a competitive market where multiple AI agents and human-AI hybrids engage as independent solvers. This competitive environment is designed to prevent any one model from dominating the decision-making process. The system rewards participants based on the accuracy and fairness of their outputs. It creates a dynamic market in which diverse technological approaches coexist. The article explains that such a market model is better suited for long-term institutional governance. The competitive setup encourages continual improvement among various models. Human oversight remains crucial in verifying and validating the automated decisions. The design leverages market forces to balance performance and ensure that diverse perspectives are maintained. The concept of deep funding is introduced as a method to allocate credit within complex networks. The mechanism assigns numerical weights to various contributors, ensuring that each idea’s influence is measured. This system is used to track contributions, such as philosophical influences or technical innovations, across interconnected nodes. Each node represents a distinct idea that impacts the overall vision. An example in the article details how deep funding is applied to trace the ideological origins of a major cryptocurrency project. The method uses coefficients to determine how rewards are distributed. Even small contributions receive proportional credit when they affect the broader network. The approach establishes an automated and fair system to recognize contributions over time. The article also discusses the importance of privacy when incorporating human judgment into automated systems. It proposes the use of cryptographic techniques to protect sensitive data. Technologies such as multi-party computation, fully homomorphic encryption, and trusted execution environments are mentioned as effective methods. These techniques ensure that private information remains confidential while still contributing to the overall mechanism. The proposed framework limits data exposure by sharing only essential outputs. This protects internal communications and confidential inputs from external manipulation. The system maintains public transparency without sacrificing data security. The article outlines a secure environment where human oversight can safely influence AI decisions. This integration of privacy measures further solidifies the balance between openness and security in decentralized governance. Buterin’s article offers a detailed blueprint for integrating human judgment with automated decision-making. The proposals combine distributed systems, competitive market dynamics, and innovative funding mechanisms to build a resilient governance framework. The model supports long-term institutional stability by ensuring human values direct technological advancement. By leveraging a structured approach that emphasizes verification, transparency, and privacy, the framework offers a promising pathway for future crypto governance. . DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Former Binance CEO Changpeng Zhao (CZ) has criticized Safe Wallet’s post-mortem update on the Bybit hack, calling it “not that great” and raising concerns about how attackers tricked multiple signers. His comments follow an audit report stating that the breach resulted from a compromise of Safe’s infrastructure rather than the exchange’s systems. Safe’s Response Forensic investigations found that compromised Safe Wallet credentials led to the nearly $1.5 billion Bybit exploit. In a statement on X on Wednesday, the crypto wallet provider confirmed the findings, stating that the hack stemmed from a “compromised Safe Wallet developer machine.” The company highlighted that the reports did not identify vulnerabilities in its smart contracts or front-end source code. It also announced that it had fully rebuilt and reconfigured its infrastructure and changed all credentials, ensuring the attack vector was “fully eliminated.” However, CZ criticized the statement, saying: “This update from Safe is not that great. It uses vague language to brush over the issues. I have more questions than answers after reading it.” He questioned what “compromising a Safe {Wallet} developer machine” meant and how the attack happened, asking whether social engineering or a virus was involved. He also inquired how the developer machine had access to an account operated by Bybit and whether the code was deployed directly to production. Further concerns were raised about how the attackers bypassed Ledger verification, whether blind signing was involved, or if signers failed to verify properly. The Report and Updates On February 26, Bybit released a forensic audit conducted by Sygnia and Verichains about the attack. The audit revealed that Safe developer’s credentials had been compromised, giving hackers access to the wallet’s infrastructure, which led to signers being deceived into approving a malicious transaction. According to the report, the exploit was carried out using “malicious JavaScript code” that had been injected into Safe’s Amazon Web Services system two days earlier. The script activated only when transactions came from specific contract addresses, including Bybit’s multi-sig contract and another address suspected to belong to the criminal. Just two minutes after the hack, the attackers removed the malicious code from Safe’s system and disappeared. Forensic experts and the company have also confirmed that Bybit’s infrastructure was not compromised. Since the incident, Bybit has borrowed 40,000 ETH from Bitget to meet withdrawal demands, which have since been repaid. The firm has also restored its reserves through loans, asset purchases, and whale deposits, securing 446,870 ETH valued at $1.23 billion. CEO Ben Zhou confirmed that the exchange now has 100% backing for client assets. The post CZ Criticizes Safe Wallet’s Post-Mortem on Bybit Hack appeared first on CryptoPotato.