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Polygon and StarkWare unveil Circle STARKs to streamline Zk Proofs

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  • Polygon Labs and StarkWare collaborate on Circle STARKs for ZK rollups.
  • Circle STARKs promise faster, cheaper transactions for layer-2 networks.
  • The joint effort signifies a commitment to innovation in the Ethereum scaling landscape.

Polygon Labs and StarkWare, typically fierce competitors in the Ethereum scaling race, have set aside their rivalry to unveil a new frontier in cryptographic proofs named “Circle STARKs.”

StarkWare, known for its involvement in the controversial Starknet blockchain, has been a prominent developer in the layer-2 space. On the other hand, Polygon, with its widely-used MATIC tokens, is a key player in Ethereum’s scaling efforts.

This unexpected collaboration underscores the industry’s commitment to overcoming scalability challenges and driving technological advancements.

Accelerating Zk rollups proving process

The Circle STARKs promise to streamline the proving process for zero-knowledge (Zk) rollups, leading to faster and more cost-effective transactions compared to current technologies.

Circle STARKs signify a leap forward in Zk technology, specifically tailored for layer-2 networks. It aims to enhance the efficiency of blockchain transactions by significantly speeding up the proving process for rollups. The cryptographic proofs, a brainchild of StarkWare co-founder Eli Ben-Sasson, are set to outpace existing STARK proofs, promising a seven-to-10 times improvement.

The upcoming Plonky3 proving system from Polygon is also slated to integrate Circle STARKs, ensuring lower transaction fees for users and expanding the scope of applications that can be proven.

The co-founders of the two crypto firms emphasize that while Circle STARKs represent a pivotal advancement, the journey doesn’t end here. They anticipate continuous breakthroughs and improvements, reflecting the dynamic nature of blockchain technology.

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How to achieve Kubernetes observability: Principles and best practices

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Kubernetes (K8s) containers and environments are the leading approach to packaging, deploying and managing containerized applications at scale. The dynamic, open-source, microservices-based configuration of Kubernetes can be a great fit for businesses that are looking to maximize infrastructure agility. However, the distributed flexibility that makes Kubernetes appealing can also make implementing Kubernetes monitoring and observability practices challenging.

Observability comprises a range of processes and metrics that help teams gain actionable insights into a system’s internal state by examining system outputs. It’s an essential part of maintaining any IT infrastructure. But managing the sheer volume of data, nodes, pods, services and endpoints that comprise Kubernetes environments requires observability practices that are appropriate for the job.

In this blog, we discuss how Kubernetes observability works, and how organizations can use it to optimize cloud-native IT architectures.

How does observability work?

Broadly speaking, observability describes how well internal system states can be inferred from external outputs. It’s the ability to diagnose and understand why a system is behaving in a particular way, which is vital to troubleshooting, deciphering performance issues and improving system design.

In DevOps, the concept of observability has evolved to refer to the end-to-end visibility of a system state as dictated by telemetry data. The primary data classes used—known as the three pillars of observability—are logs, metrics and traces.

Logs

Logs include discrete events recorded every time something occurs in the system, such as status or error messages, or transaction details. Kubernetes logs can be written in both structured and unstructured text.

Metrics

CPU usage, memory consumption, network I/O, request latency or any business-specific indicators. Kubernetes metrics are often aggregated to create time-series observability data that can help teams spot trends and identify patterns.

Traces

Traces help teams follow a request or transaction through the various services and components of a distributed system. They also help teams visualize the dependencies between different components of an infrastructure so that delays and errors can be located quickly.

Achieving successful observability requires the deployment of appropriate Kubernetes monitoring tools and the implementation of effective processes for collecting, storing and analyzing the three primary outputs. This might include setting up and maintaining monitoring systems, application log aggregators, application performance management (APM) tools or other observability platforms.

However, Kubernetes environments also necessitate a more thorough examination of standard metrics. Kubernetes systems comprise a vast environment of interconnected containers, microservices and other components, all of which generate large amounts of data. Kubernetes schedules and automates container-related tasks throughout the application lifecycle, including:

Deployment

Kubernetes can deploy a specific number of containers to a specific host and keep them running in their desired state.

Rollouts

A rollout is a Kubernetes deployment modification. Kubernetes enables teams to initiate, pause, resume and roll back rollouts.

Service discovery

Kubernetes can automatically expose a container to the internet or other containers using a DNS name or IP address.

Autoscaling

When traffic spikes, Kubernetes can automatically spin up new clusters to handle the additional workload.

Storage provisioning

Teams can set up Kubernetes to mount persistent local or cloud storage for containers.

Load balancing

Based on CPU utilization or custom metrics, Kubernetes load balancing features can distribute workloads across the network to maintain performance and stability.

Self-healing for high availability

Kubernetes can automatically debug, restart or replace a failed container to prevent downtime. It can also decommission containers that don’t meet health check requirements.

With so many shifting, interacting and layered components comes as many potential issues and failure points, therefore lots of areas where real-time monitoring becomes a necessity. It also means that a conventional approach to monitoring logs, metrics and traces might prove insufficient for observability in a Kubernetes environment.

Kubernetes observability principles

Because every component in a Kubernetes architecture is interdependent on other components, observability requires a more holistic approach.

Kubernetes observability requires organizations to go beyond collecting and analyzing cluster-level data from logs, traces and metrics; connecting data points to better understand relationships and events within Kubernetes clusters is central to the process. This means that organizations must rely on a tailored, cloud-native observability strategy and scrutinize every available data source within the system.

Observability in a K8s environment involves:

1. Moving beyond metrics, logs and apps. Much like virtual machine (VM) monitoring, Kubernetes observability must account for all log data (from containers, master and worker nodes, and the underlying infrastructure) and app-level metrics. However, unlike VMs, Kubernetes orchestrates container interactions that transcend apps and clusters. As such, Kubernetes environments house enormous amounts of valuable data both outside and within network clusters and apps. This includes data in CI/CD pipelines (which feed into K8s clusters) and GitOps workflows (which power K8s clusters).

Kubernetes also doesn’t expose metrics, logs and trace data in the same way traditional apps and VMs do. Kubernetes tends to capture data “snapshots,” or information captured at a specific point in the lifecycle. In a system where each component within every cluster records different types of data in different formats at different speeds, it can be difficult—or impossible—to establish observability by simply analyzing discrete data points.

What’s more, Kubernetes doesn’t create master log files at either the app or cluster level. Every app and cluster records data in its respective environment, so users must aggregate and export data manually to see it all in one place. And since containers can spin up, spin down or altogether disappear within seconds, even manually aggregated data can provide an incomplete picture without proper context.

2. Prioritizing context and data correlation. Both monitoring and observability are key parts of maintaining an efficient Kubernetes infrastructure. What differentiates them is a matter of objective. Whereas monitoring helps clarify what’s going on in a system, observability aims to clarify why the system is behaving the way that it is. To that end, effective Kubernetes observability prioritizes connecting the dots between data points to get to the root cause of performance bottlenecks and functionality issues.

To understand Kubernetes cluster behavior, you must understand each individual event in a cluster within the context of all other cluster events, the general behavior of the cluster, and any events that led up to the event in question.

For instance, if a pod starts in one worker node and terminates in another, you need to understand all the events that are happening simultaneously in the other Kubernetes nodes, and all the events that are happening across your other Kubernetes services, API servers and namespaces to get a clear understanding of the change, its root cause, and its potential consequences.

In other words, merely monitoring tasks is often inadequate in a Kubernetes environment. To achieve Kubernetes observability, get relevant system insights or conduct accurate accurate root cause analyses, IT teams must be able to aggregate data from across the network and contextualize it.

3. Using Kubernetes observability tools. Implementing and maintaining Kubernetes observability is a large, complex undertaking. However, using the right frameworks and tools can simplify the process and improve overall data visualization and transparency.

Businesses can choose from a range of observability solutions, including programs that automate metrics aggregation and analysis (like Prometheus and Grafana), programs that automate logging (like ELK, Fluentd and Elasticsearch) and programs that facilitate tracing visibility (like Jaeger). Integrated solutions, like OpenTelemetry, can manage all three major observability practices. And customized, cloud-native solutions, like Google Cloud Operations, AWS X-Ray, Azure Monitor and and IBM Instana Observability, offer observability tools and Kubernetes dashboards optimized for clusters that are running on their infrastructure.

Best practices for optimizing Kubernetes observability

Define your KPIs. Figure out which key performance indicators, like app performance, system health and resource usage, give you the most useful insights into your infrastructure’s behavior. Revise them as needed.
Centralize logging. K8s environments generate massive amounts of data. Aggregating and storing it using a centralized logging solution is integral to data management.
Monitor resource usage. Collect real-time data on memory, CPU and network usage so you can proactively scale resources when necessary.
Set up alerts and alarms. Use established KPI thresholds to configure alerts and alarms. This practice allows teams to receive timely notifications when issues arise.

Establish Kubernetes observability with IBM® Instana® Observability

Kubernetes is the industry-standard container orchestration platform, managing containerized workloads with remarkable efficiency. However, the distributed, multi-layered microservices architecture of Kubernetes demands robust observability mechanisms and advanced solutions, like IBM Instana Observability.

Instana Observability provides automated Kubernetes observability and APM capabilities that are designed to monitor your entire Kubernetes application stack—from nodes and pods to containers and applications—for all Kubernetes distributions.

Observability in Kubernetes is not just a technical implementation; it’s a strategic approach that requires attentive planning and an organizational culture that values data transparency.

Instana Observability helps teams gain a comprehensive understanding of their Kubernetes environments and deliver robust, high-performing applications in an increasingly cloud-based world.

Explore Instana Observability

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Binance adds Portal (PORTAL) to Launchpool

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  • Binance has announced Web3 gaming project Portal (PORTAL) as the 47th project added to the Binance Launchpool.
  • Users can stake BNB and FDUSD to farm PORTAL starting on February 22, 2024 at 00:00 UTC.
  • Binance will add trading support for PORTAL at the end of the farming period.

Binance has added the 47th project to its Launchpool with the introduction of crypto gaming platform Portal (PORTAL).

An announcement the crypto exchange released on Wednesday stated that Binance Launchpool participants can now farm PORTAL by staking BNB and FDUSD. The seven-day program will then be followed by Binance’s listing of PORTAL spot trading pairs.

According to Binance, farming for PORTAL will start on February 22 at 00:00 UTC, with trading support for the cross-chain gaming platform set for February 29 at 10:00 UTC. The exchange plans to list five spot trading pairs for the token – PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD and PORTAL/TRY.

Binance will apply the Seed Tag to PORTAL, which is a caution attached to notify users that the new token is likely to be very volatile when trading opens.

Portal held a presale for its native token in 2023.

Binance unveiled the Binance Launchpool platform in September 2020 and has added projects such as Sui, Mantle, Memecoin and Pendle.



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Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January  

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According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With […]

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Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says

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Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations.

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Ethereum breaks 22-month record crossing $3000 amid positive market speculations

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Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months.

During this period, ETH’s price peaked at approximately $3,025, marking a remarkable 27% surge over the last 30 days. However, its value has retraced slightly to around $2,920 as of press time, experiencing a 3.5% dip, according to CryptoSlate’s data.

Why did ETH rise?

ETH’s recent price surge is widely attributed to speculation surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) in May.

Standard Chartered, a British multinational bank, predicted a favorable outcome for a spot ETH ETF approval. Key figures at crypto asset management firms, such as Bitwise, Grayscale, and Galaxy Digital, estimated a 50% likelihood of approval for these pending spot Ethereum ETF applications.

Meanwhile, applicants like VanEck, Ark Invest, and 21Shares are adjusting their applications to align with the SEC’s criteria for approving a Bitcoin ETF.

Furthermore, market sentiment has been buoyed by the upcoming Dencun upgrade. This upgrade will introduce features like proto-danksharding and fee reductions. In addition, the upgrade will help enhance Ethereum’s network performance, reduce transaction costs, and improve ecosystem interoperability.

The broader market sees red.

The broader crypto market experienced a decline during the reporting period, with the global crypto market capitalization dropping by 0.32% to $1.96 trillion.

Bitcoin surged to a new yearly peak just below $53,000 but swiftly dropped to $51,268 as of press time, according to CryptoSlate’s data.

Large-cap digital assets like Solana, Avalanche, Cardano, and Ripple’s XRP saw losses exceeding 3%. However, Binance-backed BNB coin and Tron’s TRX token bucked the trend, registering gains of under 3%.

These price movements triggered significant liquidations, totaling over $291 million from more than 92,000 traders, per Coinglass data.

Crypto Market Liquidation. (Source: Coinglass)

Bitcoin led the liquidation figures with a total loss of $75 million. Long Bitcoin traders accounted for $42 million in losses, while short traders lost $28.46 million. Ethereum followed closely, contributing $59.1 million to the overall liquidation, with short traders bearing the brunt of the losses.

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Brad Garlinghouse says Ripple will welcome XRP ETF

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  • Brad Garlinghouse, CEO of Ripple, says that they are open to an XRP ETF.
  • His comments come after the SEC approved spot Bitcoin exchange-traded funds (ETFs) in January and amid speculation over an XRP ETF.

Ripple CEO Brad Garlinghouse has said the company would welcome an exchange-traded fund (ETF) for its token XRP. 

The Ripple executive commented on this during an interview with Bloomberg, noting that the crypto industry will see more spot ETFs in future.

According to Garlighouse, the SEC’s approval of spot Bitcoin ETFs in January this year was largely down to the regulator’s hand being forced. He highlighted the court’s decision in the Grayscale vs. SEC case as what pushed SEC Chair Gary Gensler to give the spot ETFs a nod.

You know, the sad reality of what we saw with the Bitcoin ETF is it was only because the courts forced the SEC’s hand, and really chair Gensler’s hand, that we saw that [approval] finally come to fruition,” he noted.

Ripple okay with XRP ETF

The Ripple chief believes that the eventual approval of spot Bitcoin ETFs in the US is good for the crypto markets and the broader investment community. About what recent developments mean for a potential XRP ETF, and whether Ripple welcomes this, Garlinghouse said:

We would certainly welcome it. And I think it’s inevitable that there’ll be, you know, multiple ETFs around different tokens. I think you’ll even see ETFs potentially around baskets that also, I think further diversify that risk given there’s so much excitement around the ETF dynamic here.”

While he could not comment on whether Ripple had engaged BlackRock and other large ETF holders (most of these asset managers have submitted filings for Ethereum spot ETFs), the Ripple CEO did agree that the outlook for a potential approval for one makes sense for XRP community.

Ripple won against the SEC last year on two separate occasions – when a US court declared XRP is not a security and when the lawsuit against Garlinghouse and Ripple founder and Chairman Chris Larsen was “dismissed with prejudice.” 

Although XRP price rose sharply around these victories, it remains well off its all-time highs.

The Ripple exec says the headwinds that followed the SEC’s lawsuit contributed to this. XRP price hovers around $0.53 on Wednesday morning, down 5% as crypto dips ahead of FOMC minutes.  The altcoin reached highs of $3.40 in 2018.

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Charles Hoskinson Signals Alert of Legacy Finance’s Creeping Influence in Crypto

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In a video address, Charles Hoskinson casts a spotlight on the advance of traditional financial mechanisms into the realm of cryptocurrency, warning that the essence of digital currencies is at stake. Charles Hoskinson Warns of Crypto’s Creeping Centralization In a recent video titled “Legacy is Eating Crypto,” Charles Hoskinson, the co-founder of Ethereum and Cardano, […]

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Cryptocurrency Exchange Bitget Eyes Latam Expansion

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Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving beginner investors with tools like its copy-trading feature. Bitget Aims to Gain Traction […]

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Climate change predictions: Anticipating and adapting to a warming world

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In an era of accelerating climate change, predicting the near-future can yield major benefits. For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. When farmers in drought-prone regions are able to predict which crops are susceptible to failure, they can deploy additional irrigation.

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. But what will the impacts of climate change be in the future? And how will humans adapt to them then?

Climate models provide answers

Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Significant reductions in greenhouse gas emissions could help mitigate the climate crisis. Under a higher emissions scenario, however, the 21st century would see much more severe consequences of climate change.

Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions. Climate modeling consists of using datasets and complex calculations to represent the interactions between major climate system components—namely, the atmosphere, land surface, oceans and sea ice.

One of the latest climate modeling initiatives come through a partnership between IBM and NASA. The collaboration is currently focused on building an AI-powered foundation model to make climate and weather applications faster and more accurate. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. An earlier model built through the IBM-NASA partnership became a tool to help scientists map urban heat islands in the United Arab Emirates and monitor reforestation in Kenya.

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.”1

Let’s take a look at the models’ predictions for the changing climate as well as how society could adapt.

Average global temperature increases

The most well-known sign of climate change, rising surface temperatures—also known as global warming—is a result of the greenhouse effect: the process in which increasing concentrations of carbon dioxide, methane and other greenhouse gases act as a barrier, trapping heat in Earth’s atmosphere. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 degrees Celsius (2.66 degrees Fahrenheit) warmer than 19th century pre-industrial levels.2

How much higher will temperatures climb? Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. Global Change Research Program. However, sharp reductions in greenhouse gas emissions could cap the temperature rise at 2 degrees Celsius or less.3

While the transition from fossil fuels to clean, renewable energy sources is already underway, accelerating this transition could help further limit emissions, even amid rising global energy needs. The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025.4

More extreme heat and heat waves

As global warming progresses, heat waves will become more common and more intense. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.5

The Global Disaster Preparedness Center recommends policymakers and others adopt a range of measures to help their regions adapt to higher heat. These include steps to reduce surface temperatures—like establishing more green spaces and designing buildings with vegetative layers on their roofs—to creating cooling centers and spray parks.6

More intense droughts and water scarcity

Global warming is causing more intense droughts and affecting water storage on land, decreasing access to freshwater. The IPCC projects that water available for human use will continue to decline in North America, while water security will be at risk in Africa, Asia and South America. Droughts and water scarcity will also impact crop growth, undermining food security. Parts of Africa will be especially vulnerable, with agricultural yields declining by as much as 50% in some areas.7 In addition, drier conditions are extending wildfire seasons around the world.

Nature-based and technological solutions offer some avenues for adapting to drier conditions. Studies show that planting trees combats desertification and triggers greater rainfall,8 while artificial intelligence-powered climate forecasts and crop data analysis can help farmers make informed decisions on crop management under challenging circumstances. Around the world, AI-powered climate models and other technologies can help scientists, government officials and utilities providers forecast water access conditions and improve water resource management.

Evolving precipitation patterns and flooding

As some parts of the Earth get drier, others will get wetter. Even if the temperature rise is limited to 1.5 degrees Celsius, the IPCC predicts heavy precipitation and flooding to become more frequent and intense in Africa, Asia, North America and Europe. Storms and tropical cyclones are also expected to intensify.

Policymakers are looking to a variety of strategies to mitigate coastal and inland flooding, including the installation of canals, drainage systems and rainwater storage systems, as well as the preservation and restoration of “spongey” natural barriers like dunes, mangroves and wetlands. In some cases, the latter can mean rolling back older flood mitigation strategies. In a city in China, for instance, officials removed a concrete flood wall to make room for plants and overflow ponds.9

Changing ocean chemistry

Global warming and greenhouse gas emissions are changing the composition of the world’s oceans and will continue doing so through the end of the century, according to the IPCC. As the global average temperatures rise, ocean oxygen levels will keep declining in what’s known as ocean deoxygenation. Ocean acidification will also continue. Both processes are considered harmful to sea life.

Key to mitigating these changes is reducing carbon emissions, but there are other solutions as well. Runoff and water pollution contributes to deoxygenation; according to the International Union for Conservation of Nature and Resources, legislation monitoring and limiting run-off could help.10 On the ocean acidification front, some scientists are hopeful about a new technology for removing acid from seawater.11

Global sea level rise

Sea levels rose rapidly in the 20th century, largely due to melting glaciers and ocean thermal expansion. That trend is expected to continue: NASA found that since 1993, the average rate of global mean sea-level rise has increased from about 2.5 millimeters (0.1 inches) per year to 3.4 millimeters (0.13 inches) per year.12 Ongoing sea level rises may be driven by instability and disintegration of ice shelves and ice sheets in Antarctica and Greenland. The IPCC predicts that the global mean-sea level will increase as much as 0.29 meters (0.95 feet) by 2050 and by 1.01 meters (3.3 feet) by the end of the century.13

As with flooding, adapting to sea level rise can take the form of both manmade and nature-based solutions, including erecting physical barriers such as seawalls and levees and restoring or preserving natural barriers such as wetlands. Considering rising sea levels during the design of infrastructure and building projects could make those structures more resilient: In California, for instance, transportation officials are planning to lift a portion of a busy highway 30 feet on account of rising sea levels.14

Ecosystem changes and biodiversity loss

Changes in earth’s climate system will include changes to ecosystems and wildlife populations. Research shows, for example, that much of the Amazon is approaching the tipping point of transforming from rainforests to savannah due to wildfires and droughts, endangering the species that call the forests home.15 Meanwhile, global warming and resulting marine heatwaves are continuing to imperil coral reefs, with the IPCC projecting a 70% to 90% decline in coral reefs once global average temperatures are 1.5 degrees Celsius higher. Breaching that temperature threshold would also result in 4% of mammals losing at least half their habitat, according to the United Nations.16

Monitoring, conservation and restoration efforts can help save ecosystems and animals. In Europe, policymakers approved a law in 2023 setting nature restoration objectives for the European Union, including binding targets to restore at least 30% of degraded habitats in EU countries by 2030 and 90% by 2050.17

As more companies work to adapt to Earth’s changing climate, the right tools can help them monitor, predict and respond to weather and climate impact. The IBM® Environmental Intelligence Suite is a SaaS platform that includes dashboards, alerts and notifications, geospatial and weather data application programming interfaces (APIs) and add-ons with industry-specific environmental models for business resilience and optimization. Learn about the IBM Sustainability Accelerator.

Explore IBM Environmental Intelligence Suite


1 Climate Modeling. (link resides outside ibm.com). Geophysical Fluid Dynamics Laboratory, National Oceanic and Atmospheric Administration.

2 ”Copernicus: 2023 is the hottest year on record, with global temperatures close to the 1.5°C limit.” (link resides outside ibm.com). Copernicus, Jan. 9, 2024.

3 Climate Science Special Report: Fourth National Climate Assessment, Volume I. (link resides outside ibm.com). U.S. Global Change Research Program, 2017.

4 ”IEA: More than a third of the world’s electricity will come from renewables in 2025.” (link resides outside ibm.com). World Economic Forum, March 16, 2023.

5 Climate Change 2023: Synthesis Report. Contribution of Working Groups I, II and III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change. (link resides outside ibm.com). IPCC, 2023.

6 ”Heatwave Guide for Cities.” (link resides outside ibm.com.) Red Cross Red Crescent Climate Centre, 2019.

7 ”What are the long-term effects of climate change?” (link resides outside ibm.com). U.S. Geological Survey.

8 ”Empirical estimate of forestation-induced precipitation changes in Europe.” (link resides outside ibm.com). Nature Geoscience, 14, 473–478 (2021).

9 ”Making cities ‘spongy’ could help fight flooding — by steering the water underground.” (link resides outside ibm.com). NPR. Oct. 3, 2023.

10 ”Ocean deoxygenation.” (link resides outside ibm.com). International Union for Conservation of Nature and Natural Resources, December 2019.

11 “New system uses seawater to capture and store CO2.” (link resides outside ibm.com). NOAA Research, Sept. 8, 2023.

12 ”Is the rate of sea-level rise increasing?” (link resides outside ibm.com). Sea Level Change: Observations from Space, NASA.

13 2021: Ocean, Cryosphere and Sea Level Change. (link resides outside ibm.com) In Climate Change 2021: The Physical Science Basis. Contribution of Working Group I to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change, pp. 1211–1362.

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Crypto price prediction: Filecoin, Monero, Bitbot

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Cryptocurrency prices experienced some volatility on Tuesday as a risk-off sentiment prevailed in the market. Bitcoin rose to the key resistance point at $53,000 and then pulled back sharply to about $51,000. Most altcoins and American equities also pulled back. This article looks at some of the top tokens like Filecoin (FIL), Monero (XMR), and Bitbot, which has raised over $642k as you can see here.

Bitbot token sale gains steam

Bitbot, an upcoming blockchain network, has continued raising thousands of dollars in the past few months. Data in its website shows that it has raised about $642k in the past few weeks. This is an impressive sum that could continue increasing in the next few months.

Bitbot is a company that aims to become the biggest Telegram bot in the industry. A Telegram bot is a piece of software that provides signals to traders in the crypto, stocks, and forex market. In its case, Bitbot aims to be an alternative to the thousands of bots that exist in the industry.

It will have a few features such as self-custody, decentralization, and major rewards to its users. The token will also have a similar utility with Uniswap’s UNI token. For example, it will have revenue sharing with its holders. This is a situation where the platform shares its revenue with its token.

The other benefit is that Bitbot will have a big community of passionate and seasoned trading experts. These traders will be able to share their experiences among themselves. 

Filecoin price forecast

Filecoin, the giant file storage blockchain network, was in the spotlight this week as it integrated with Solana, one of the fastest-growing players in the industry. This integration led to a major jump in FIL price, which jumped to a high of $8.22. This was a strong rally since the token was trading at $4.60 a few weeks ago.

Filecoin has now pulled back sharply as investors start to take profits. It has crashed to the key point at $7.20. On the 4H chart, it remains above the 50-period moving average while oscillators have all pointed downwards.

Therefore, I believe that Filecoin will drop to about $7 and then resume the bullish trend as investors buy the dip and as the ongoing shakeout fades. In this case, a rebound to $8 will likely happen this week.

Monero price prediction

The XMR price bottomed at $109.26 this week. It has now bounced back and is hovering at the 50-period moving average. The Relative Strength Index (RSI) and the Stochastic Oscillator have pointed upwards. 

Monero has also risen slightly above the key resistance point at $122.50, its highest point on February 18th. Therefore, the outlook for the token is bullish, with the next level to watch being at $130, its highest point this month.

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Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren

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Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren: […]

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Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks

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Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.

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Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

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Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion.

This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

Bitcoin’s market cap milestone

The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market. The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns.

Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish sentiment is evident as Bitcoin rallies above $51,000, triggering major short liquidations and propelling its price toward the $69,000 target. The Fear & Greed Index, a key indicator of market sentiment, reflects extreme greed among investors, signalling a potential continuation of Bitcoin’s upward momentum.

Upward trends for Polkadot

Polkadot, an open-source sharded multichain protocol, is gaining traction as a top altcoin to watch. It is an innovative open-source sharded multichain protocol designed to facilitate interoperability between specialized blockchains. It serves as a foundation for a decentralized web, allowing seamless cross-chain transfer of various data and asset types.

With its layer-0 metaprotocol architecture, Polkadot enables autonomous and forkless code updates through on-chain governance. Its native DOT token plays multiple roles, including staking for security, network governance, and bonding tokens for parachain connectivity. 

Polkadot’s unique components, such as the Relay Chain and parachains, offer scalability, flexibility, and secure interactions among diverse blockchain networks, making it a prominent player in the crypto space.

Shiba Inu killer on the rise

While Bitcoin dominates the headlines with its impressive performance, other cryptocurrencies are also poised for upward trends. Shiba Inu Killer (Rebel Satoshi), symbolized as $RBLZ, is garnering attention as a promising meme coin and potential challenger to Dogecoin. 

With its upcoming presale and planned launch on the Ethereum network, Rebel Satoshi presents an exciting opportunity for investors to capitalize on the growing meme coin market. The Rebel Satoshi presale has sold over 123 million RBLZ tokens, raising approximately $1.8 million and nearing the $2 million milestone.

The Rebel Satoshi presale presents an attractive investment opportunity for investors seeking exposure to promising cryptocurrency projects. Built on the Ethereum network, known for its security and reliability, Rebel Satoshi smart contracts have been audited by a top auditing firm, Source Hat, ensuring the safety of investors’ funds. This is why it is regarded as the best memecoin. 

With the presale concluding on February 29, 2024, and the launch planned shortly after, now is the opportune time to consider investing in Rebel Satoshi ($RBLZ). The initial launch price for $RBLZ is set at 0.025, with previous rounds selling out quickly, highlighting the strong demand for this innovative project. The community is actively involved in developing the Rebel Satoshi ecosystem, with discussions underway for tier 1 centralized exchange (CEX) listings to enhance access and liquidity.

Final Thoughts

As Bitcoin continues its remarkable ascent, surpassing $2 trillion in market capitalization, the cryptocurrency market is brimming with optimism and opportunity. Alongside Bitcoin, altcoins like Polkadot and Rebel Satoshi ($RBLZ) are poised for upward trends, offering investors diverse options to explore in the ever-evolving digital asset landscape. 

With the Rebel Satoshi presale nearing its conclusion, investors are encouraged to seize this opportunity and participate in one of the most exciting cryptocurrency projects of the year.

For the latest updates and more information on the RBLZ presale, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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AI Crypto Assets Skyrocket With Over $10 Billion Added to the Sector in 17 Days

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In the last 17 days, the value of artificial intelligence (AI) cryptocurrency assets has soared, with a significant addition of $10.21 billion to their overall market value. This surge aligns with the unveiling of Openai’s latest innovation, a generative AI-powered application capable of converting text into video. AI Cryptocurrency Sector Explodes With 142% Growth Following […]

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