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Covalent’s EWM Light Client Secures Ethereum’s Future By Preserving Historical Data

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Covalent’s EWM Light Client Secures Ethereum’s Future By Preserving Historical Data


by
Alisa Davidson

Published: October 18, 2024 at 1:00 pm Updated: October 18, 2024 at 1:00 pm

by Ana

Edited and fact-checked:
October 18, 2024 at 1:00 pm

In Brief

According to Ganesh Swami, co-founder of Covalent, Ethereum, once hailed as the “World Computer,” now finds itself at a critical crossroads.

Covalent’s EWM Light Client Secures Ethereum’s Future By Preserving Historical Data

According to Ganesh Swami, co-founder of Covalent, a modular data infrastructure layer aimed at addressing key challenges in blockchain and AI, Ethereum, once hailed as the World Computer, now faces a critical crossroads. 

Ganesh Swami suggests that Ethereum’s original vision is under threat. The network has become sidetracked by chasing trends like faster execution speeds and the “ultra-sound money” narrative while losing focus on what made it revolutionary. The question of whether Ethereum has lost its way as the ecosystem contends with slow progress and increasing competition from blockchains like Solana and Bitcoin.

Even Ethereum Team Lead Péter Szilágyi has expressed concern, stating that “Ethereum is losing the plot.” With rising inflation and the token price still below its 2021 peak, it is clear that Ethereum needs to re-evaluate its direction. The pressing question now is: what should Ethereum’s path forward be?

Ganesh Swami About Refocusing On Infrastructure As A Key Solution

The Covalent co-founder notes that there is a potential solution. Ethereum’s core strength has always been its infrastructure, which allows developers to build decentralized applications (dApps). Yet, the network’s long-term vision has been overshadowed by short-term dApp hype, stagnant user growth, and the siloed activity within Layer 2 networks. 

With major upcoming upgrades like Pectra and The Purge coming in late 2024, Ethereum will become leaner by purging old historical data. However, this process carries the risk of centralizing that data, which could conflict with Ethereum’s broader goal of maintaining decentralization across the network.

Ethereum Wayback Machine (EWM), introduced by Covalent, is designed to preserve Ethereum’s historical data, ensuring it remains decentralized and accessible even as Ethereum moves forward with purging older data. To further support this initiative, Covalent has launched the EWM Light Client Testnet, a critical tool aimed at maintaining the network’s decentralization.

Now live, the Light Client Testnet allows participants to contribute to safeguarding Ethereum’s long-term data availability. By doing so, they play a key role in protecting Ethereum’s decentralization, ensuring the network stays aligned with its original mission of being the “World Computer.”

Covalent‘s large reservoir of structured, verifiable data enhances decentralized AI training and inference, reducing the likelihood of manipulated or biased AI models. The EWM also ensures secure and decentralized access to Ethereum’s transaction history. Trusted by more than 3,000 leading organizations, Covalent currently supports AI, decentralized finance (DeFi), game finance (GameFi), and other sectors by providing unrestricted access to on-chain data from over 200 blockchains.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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In a Game-Changing Move, ParallelAI Teams Up with io.net to Elevate AI Processing Capabilities and Redefine Performance Standards

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In a Game-Changing Move, ParallelAI Teams Up with io.net to Elevate AI Processing Capabilities and Redefine Performance Standards


by
Victoria d’Este

Published: October 18, 2024 at 12:40 pm Updated: October 18, 2024 at 12:40 pm

by Ana

Edited and fact-checked:
October 18, 2024 at 12:40 pm

In Brief

ParallelAI has formed a strategic alliance with io.net, a decentralized GPU computing rival, to enhance its platform’s functionality and user engagement.

In a Game-Changing Move, ParallelAI Teams Up with io.net to Elevate AI Processing Capabilities and Redefine Performance Standards

ParallelAI, celebrated for its groundbreaking advancements in optimizing parallel processing for artificial intelligence developers, has unveiled a strategic alliance with io.net, a prominent rival in the decentralized GPU computing sector. This partnership represents a notable leap forward in technology, facilitating the smooth incorporation of io.net’s decentralized GPU computing features into ParallelAI’s powerful platform, which is poised to improve its comprehensive functionality and enhance user engagement.

With A100 GPUs, which are accessible via IO Cloud, ParallelAI is going to be able to greatly increase its GPU processing power thanks to the work of these two companies. By doing this, ParallelAI will be able to increase the platform’s functionality and meet the growing processing needs of AI developers working on a range of projects, including massive language model training, inference on models, and distributed deep learning.

ParallelAI and io.net have agreed to collaborate on research and development as part of this strategic alliance. The two businesses want to advance GPU cloud computing technologies by pooling their own strengths and areas of expertise. It is anticipated that their joint efforts would produce creative answers that will raise the bar for effectiveness and performance in the industry.

Allowing developers to write high-level code while the company’s technology handles the complexities of parallel processing across numerous GPUs and CPUs is how ParallelAI plans to accelerate AI innovation. With the ability to cut computing time by up to 20 times and drastically reduce related expenses, this approach has shown itself to be successful.

The partnership will provide ParallelAI with immediate access to decentralized GPU clusters via IO Cloud, facilitating a robust infrastructure that can adapt to dynamic market demands. Through this collaboration, ParallelAI will be able to scale its operations efficiently without encountering issues such as delays or service interruptions. 

Consequently, customers of ParallelAI can be assured of having reliable access to the processing power needed to successfully complete challenging AI projects. It’s crucial to keep in mind that IO Cloud offers AI application processing capabilities at a cost up to 90% lower than that of standard cloud services, making it a compelling choice for developers.

This partnership presents ParallelAI with a unique opportunity to increase its market share in the AI/ML developer space while simultaneously lowering the requirement for significant infrastructure management and hardware expenditures. 

Furthermore, through the creation of joint technologies between io.net and ParallelAI, this collaboration is also anticipated to spur innovation in the decentralized AI area. The cooperative efforts of these two forward-thinking companies may well power the next generation of innovative AI solutions, paving the way for a transformative future in artificial intelligence.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

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Victoria d’Este

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.



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Monkey NFT: The Digital Revolution Swinging into the Spotlight – Web3oclock

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Monkey NFT: The Digital Revolution Swinging into the Spotlight – Web3oclock


Table of Contents: 

Popular Monkey NFT Collections

Cultural and Market Significance

Market Trends and Financial Value

In the ever-growing universe of NFTs, one figure has emerged as king: the Monkey NFTs. Whether it’s the iconic Bored Ape Yacht Club or Cyberkongz, Monkey NFTs are making waves, attracting collectors, investors, and celebrities alike. The playful avatars have now transformed into one of the most valuable assets in the NFT world. But how did these quirky Monkey NFTs come to dominate the NFT landscape and why people are willing to pay millions for them? From exclusive club memberships to their potential in the metaverse, these digital apes are more than just pieces of art, they’re the future of ownership, identity, and culture.

In the upcoming sections, let’s discuss the known facts regarding Monkey NFT collections and examine trends, risks, and what the future holds for these pixelated primates.

Popular Monkey NFT Collections:

The NFT community is all about Monkey NFTs collections and their investors, however, some collections have made their way to the top of the hierarchy among others. Here are the most notable collections that have contributed to the development of the Monkey NFT culture: 

1. Bored Ape Yacht Club (BAYC):

Source: nftnow.com

Without a doubt, the biggest Monkey NFT is the Bored Ape Yacht Club. Yuga Labs created this collection for the masses in doomsday April 2021. It features a collection of 10,000 cartoon-generated pictures of apes. But BAYC is art and much more. It’s a membership club. Owners are invited to some influencing parties, and events and into the private circle of people. It even has some quite popular members such as Stephen Curry, Eminem, and Serena Williams, which makes it an exclusive club, indeed.

2. Mutant Ape Yacht Club (MAYC): 

Source: coinbilgi.net

Building on the success of BAYC, the Mutant Ape collection introduced “mutant” versions of the original apes, expanding the community and offering a more affordable way to join the exclusive Yacht Club. It introduced mutant variations of the primary apes to broaden the community, as well as providing a cheaper alternative to the exclusive Yacht Club. It is not as priced as the BAYC club, but AMA entails the same benefits, and MAT has managed to secure its place within the monkey NFT.

3. The CyberKongz: 

Source: mpost.io

With a distinctive pixelated style, CyberKongz made waves by introducing NFTs that weren’t just about art. Certain holders of the Cyber Kongz NFTs could earn $BANANA tokens, which could then be utilized for in-game play or exchanged on digital currency platforms. This integration with the metaverse gives CyberKongz a utility that goes beyond collectibles.

4. Jungle Freaks: 

Source: youtube.com

Created by a legendary Mad Magazine cartoonist, Jungle Freaks blends monkeys with a dystopian aesthetic. While not as high-profile as BAYC, its unique art style has gained a dedicated following in the NFT world.

Each of these collections has not only attracted collectors but also redefined what NFTs can offer—community, utility, and even status.

Cultural and Market Significance of Monkey NFT:

Monkey NFTs have gone from niche collectibles to full-blown cultural symbols. At the center of this transformation is the idea that owning a Monkey NFT isn’t just about the artwork—it’s about belonging to an exclusive club. Numerous collections particularly BAYC provide more than a mere digital token to their bearers. You can access exclusive parties, attend events, and get merchandise and all this is done by simply owning a Monkey NFT which opens the doors to an elite institution that, in both the digital space and physical one.

This cultural meaning has been enhanced more so by the validation of celebrities. It is different if individuals such as Snoop Dogg and Paris Hilton posted their NFTs on the web, but still waited for some time before providing one for sale. There was always a sense that such Bored Ape trading activity would be similar to collectors who bought extravagant watches or original paintings of Picassos.

On top of cultural influence, Monkey NTFs are also a factor in the fast-growing NFT industry, the sales of which amount to billions. Their exclusivity and playful designs resonate with a generation increasingly focused on online identities, and that demand keeps pushing prices higher.

Market Trends and Financial Value of Monkey NFT:

The financial aspect of Monkey NFTs is impossible to ignore. While they started as playful collectibles, some have evolved into serious investment assets. Market trends indicate that demand for Monkey NFTs, especially BAYC, has remained strong, with prices for these digital apes reaching hundreds of thousands, if not millions, of dollars.

1. Floor Prices: 

BAYC has seen its floor price, the lowest price available for a monkey NFT, consistently climb over time. From a starting price that was worth a few hundred dollars, it has now transcended to a six-figure range.

2. Secondary Market Boom: 

The market resale value of the monkey NFTs increased substantially; one could say dramatically. Over the same site, some of the NFTs in the BAYC collection are known to have resold for more than 10 times their purchase value. This secondary market activity is fueled by the presence of unique rarities in traits such that collectors would pay extra for certain combinations.

3. Utility Beyond Art: 

Some Monkey NFT collections, such as CyberKongz, have introduced utility by allowing holders to earn cryptocurrency through ownership. Such utility changes the dynamics and perceptions, bringing on board more than just collectors for such assets but even investors looking for earning assets.

The examined trends give an insight into how the financial paradigm surrounding Monkey NFTs has grown and their evolution from mere digital drawings to complex instruments of investment. 

Challenges and Risks of Monkey NFT:

As with any market boom, Monkey NFTs come with their fair share of challenges and risks:

1. Market Fluctuations:

The non-fungible token markets are quite new and too speculative. Collections with brands like BAYC have their prices at the apex but they can also tumble to untenable ranges simply owing to the mood of the investors or changes in the cryptocurrency environment.

2. Oversaturation:

More collections of monkey images are under construction; therefore, the danger of overabundance arises. Not all projects will retain long-term value, and the sheer number of new collections could dilute the demand for existing ones.

3. Frauds and Safety:

The NFT space has seen its share of fraud, with fake collections and scams circulating in the market. Anyone considering being a collector should be careful not to be trapped.

4. Environmental Impact:

Issues such as registration and trade of NFTs do not help their case either, while other technologies reduce the carbon output significantly. Some of these concerns have led many companies to seek alternative methods.

These risks highlight the need to be a sensible purchaser in the Monkey NFT market.

Future of Monkey NFTs:

The future of Monkey NFTs looks promising, with several potential developments on the horizon:

1. Integration with the Metaverse:

With the expansion of worlds such as Decentraland and The Sandbox, Monkey NFTs may become more than simple assets. These may also act as avatars, characters, or even ‘real estate’ in such virtual worlds thus giving them functionality in the metaverse.

2. Expansion of Utility:

In addition to membership and incorporation into the metaverse, future Monkey NFT projects will most likely bring something else to the table, for example, staking benefits, vaults for exclusivity, or even functioning within DAOs.

3. Long-Term Cultural Relevance:

Monkey NFTs are more than just a passing trend, they’ve become cultural symbols. As digital identities become more important in our online lives, owning a high-value NFT may become a key part of how people express themselves online, ensuring the long-term relevance of these digital primates.

The blend of culture, community, and utility will likely keep Monkey NFTs at the forefront of the digital art and blockchain spaces for years to come.

Monkey NFTs have evolved from fun digital collectibles into cultural icons and serious investment assets. With collections like BAYC leading the charge, these NFTs have cemented their place in the booming NFT market, offering owners exclusivity, community, and financial value. However, like any emerging market, they come with risks, from market volatility to potential oversaturation.

As the NFT space continues to grow and integrate with the metaverse, Monkey NFTs are set to play a significant role in the future of digital ownership and identity. Whether you’re an art enthusiast, an investor, or simply curious about the NFT space, there’s no denying that these digital apes are shaping the future.

What do you think about Monkey NFTs and their impact on the digital art world? Share your thoughts in the comments, and for the latest updates on NFTs and the metaverse, don’t forget to subscribe to our newsletter Web3 O’clock!



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After getting giddy-upped in major fashion, Helldivers 2’s Bile Titan-slaying six-shooter has now sent the community through every stage of the buff reaction Kübler-Ross model

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After getting giddy-upped in major fashion, Helldivers 2’s Bile Titan-slaying six-shooter has now sent the community through every stage of the buff reaction Kübler-Ross model


Helldivers 2’s latest update, Patch 01.001.104, brought with it a lot of tweaks to weapons, but few have seen more chatter this week than the buff to the P-4 Senator, a double-action revolver – after being supercharged – has turned a lot of Super Earthers into would-be John Waynes.

As part of the patch, the gun had its armor penetration increased from 3 to 4, projectile damage increased from 175 to 200 and projectile durable damage increased from 35 to 70. The result? Well, being able to use it to blast away Bile Titans in just a few shots, take out some hulks too while you’re at it, and a cascade of memes about it being high noon across the galaxy.

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That was just stage one, though. Over the past couple of days, Helldivers 2’s subreddit has seen players go through several other steps of what I’m dubbing the buff reaction Kübler-Ross model, or the four stages of griefing .

Stage two kicked off not long after that flurry of initial praise, with a couple of folks starting to think ‘well, hold your horses now, maybe these changes have made the Senator a bit too overpowered’. “I love the feeling you get when you see a bile titan appear, it’s that moment of ‘HOLY S**T WHAT DO WE DO, WHAT CAN WE THROW AT THIS MONSTER??!!’, one wrote, “But now with it being some revolver shots away from dead I just don’t feel that same dread and awe when seeing a bile titan. It’s too fragile.”

Following on from that, stage three was the Reddit equivalent of Twitter’s ‘retweet to dunk on a thing you think is dumb’ phenomenon (which, to be fair, routinely produces some very funny posts), with posts telling those few who’d suggested that the gun might be too OP that they were, in fact, very wrong, thank you very much.

“It’s not broken imo, I honestly think it’s fine,” argued one of these folks, “Using it vs [armour penetration four] enemies (besides hulks) is a pipedream due to the damage not being high enough. It just helps it do more damage at its intended role of medium clear, with some anti heavy utility.” They then went through a number of other sidearms, outlining their thoughts that each of them still had reasons you’d go for them over the Senator in certain scenarios.

Stage four – or four and five depending on how you want to categorise things – follows on from that last point. Should this change to the Senator mean anyuthing in terms of changes to other weapons and strategems going forward? Some folks thought yes, arguing that primary weapons like the Slugger and Dominator should perhaps have their armour pententation upped to match it.

Others, seemigly with a lot more support, argued that no, Arrowhead should not do that. “Making any primary weapon [except for the flamethrowers and Constitution] have AP4 would outclass every other primary weapon,” one wrote, “it would shut down certain loadouts because “why take x weapon when you have y weapon that can do AT”, hell it would even outshine some support weapons which should really never happen.”

The endgame of this back-and-forth, at least for now, seems to be some folks concluding that the only primary weapons that should potentially be given level four AP are the Eruptor or maybe “something like a precise bolt-action sniper”.

And, while all of that’s been going on, it looks like the divers have still managed to come out on top in the Major order that’s just finished. Nice.



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How to Buy Ethereum in 2024?

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How to Buy Ethereum in 2024?


Many crypto traders are exploring Ethereum, and for good reason. With its innovative technology and strong community, Ethereum is becoming a popular choice for both beginners and seasoned investors. You might be asking yourself, “How do I buy Ethereum?” or “Is buying ETH worth it?”

In this guide, we’ll break down everything you need to know about how to buy Ethereum. We’ll cover the best exchanges to use, guide you through the buying process, and share tips on how to keep your Ethereum investment secure.

Key Takeaways:

Ethereum functions as a decentralized platform that allows developers to create and implement smart contracts and decentralized applications (dApps). This is facilitated by its native cryptocurrency, Ether (ETH).To buy Ethereum, you need to choose a reliable cryptocurrency exchange, create an account, deposit funds like USDT or fiat currency, and execute a trade for ETH.After buying Ethereum, it’s safe to store it in a non-custodial crypto wallet, such as a hardware wallet like Ledger or Trezor, or a software wallet like Trust Wallet or MetaMask.

What is Ethereum and Why Should You Buy It?

First, let’s discuss about Ethereum. It is more than just another cryptocurrency like Bitcoin. It’s a platform where developers can create apps, but in a way that doesn’t rely on one central authority. It works on blockchain technology, which makes everything secure and open. The actual currency used on this platform is called Ether (ETH), and you can use it to make payments, send money, or even invest.

So, why should you consider buying Ethereum? First, its technology is groundbreaking. Ethereum isn’t just for transactions. It’s the foundation for a new type of internet where apps are more secure and not controlled by big companies. By buying Ethereum, you’re supporting this shift towards a decentralized digital future.

Another reason to think about buying Ethereum is the potential for financial gain. Over time, its value has increased, and early investors have seen strong returns. According to CMC data, Ethereum’s price has been skyrocketing since its launch and has given over +617,905.35% ROI to early investors. Also, Ethereum is a big player in decentralized finance or DeFi. This allows people to lend, borrow, and trade without needing a traditional bank. As DeFi grows, so does the demand for Ethereum, which could push its value even higher.

Best Exchanges to Buy Ethereum (ETH)

When buying Ethereum, picking the right crypto exchange can make a huge difference in your experience. You want a platform that’s easy to use, secure, and offers good value for your money. Some crypto exchanges have lower fees, while others may offer extra features like ETH staking or margin trading. 

Here’s a quick look at 3 popular cryptocurrency exchanges where you can purchase Ethereum safely.

OKX: OKX is a popular trading platform for buying Ethereum, with over 50 million users around the world. It’s known for its low fees, starting at just 0.08%, which is great if you’re trading regularly. They also have a wide selection of cryptocurrencies, more than 350 in fact, so you have plenty of options. OKX offers a ton of features like Ethereum staking, where you can earn passive income on your ETH holdings.MEXC: This might not be as well-known as some of the bigger exchanges, but it’s trusted by over 10 million users across 170 countries. One of its key selling points is its no-KYC Ethereum trading. You can buy or sell ETH with complete privacy. The exchange also offers zero-fee crypto trading for new users.Binance: Binance is the go-to centralized exchange for millions of people – over 230 million, actually. It’s the largest exchange in the world by trading volume. It is known for its low transaction fees, which start at 0.10%, and you can even get discounts if you use its native BNB token. They support over 400 cryptocurrencies, so if you want more than just Ethereum, there are plenty of options. Binance is packed with features, including staking, lending, futures trading, margin trading, ETH options trading, and even a learning hub for beginners.

How to Buy Ethereum: Step-by-Step Guide

Step 1: Choose a Cryptocurrency Exchange

The first thing you need to do when buying ETH is to choose a cryptocurrency exchange. These are trading platforms where you can buy, sell, and trade cryptocurrencies. Popular exchanges include OKX, Binance, Bybit, KuCoin, and MEXC. However, for this guide, we’re going to use OKX, which is a reliable and user-friendly platform. Also, if you have any security concerns, you can read our guide on “Is OKX safe” to know more.

Note: If you are a U.S. trader, you can buy Ethereum on U.S.-licensed exchanges like Coinbase or Crypto.com.

OK, to get started, head over to the OKX website, and let’s move on to the next step.

Step 2: Create an Account and Verify Identity

Once you’re on the OKX website, the first thing you’ll need to do is create an account. You’ll see a “Sign Up” button in the top right corner of the homepage. Click that, and it will ask you for basic details like your email or phone number, plus a password. You can also use our OKX referral code “12554491”, which offers a sign-up bonus of up to 10,000 USDT. 

After you fill that out, OKX will send you a confirmation link via email or a code by text. Click the link or enter the code to verify your account. You’re almost there, but to really get going, OKX will ask you to complete a KYC (Know Your Customer) verification. This just means you’ll need to upload a photo ID, like your passport or driver’s license. It might feel like a hassle, but it’s for security and is standard across most cryptocurrency exchanges.

Once that’s done, OKX will take a few minutes or hours to verify your identity. And just like that, your account is ready.

Step 3: Deposit Funds into Your Account

Now that your account is set up, it’s time to add some funds so you can buy Ethereum. Go to the top of the screen and click “Assets” and then “Deposit”. Here, OKX gives you several ways to fund your account, including bank transfers, debit/credit cards, or even crypto deposits if you already have some Bitcoin or another cryptocurrency.

Let’s say you’re using a debit or credit card – it’s probably the simplest method if you’re new. Select “Credit/Debit Card”, enter how much you want to deposit, and follow the instructions to provide your card details. Just be mindful of any fees depending on your payment method.

Once your funds are deposited, they should show up in your account within a few minutes. Now you’re ready to buy Ethereum!

Deposit Funds into Your Account

Step 4: Buy Ethereum (ETH)

Go to the OKX dashboard and find the “Trade” button at the top. Clicking it will take you to the “Spot Trading” page.

In the drop-down menu, select ETH/USDT trading pair. Then, choose how much you want to buy. You can either enter a specific amount in USD or the number of Ethereum you want to purchase. OKX will show you the current price and how much ETH you’ll receive.

Double-check the details, and when you’re ready, click “Buy ETH”. OKX will process your order, and within minutes, your Ethereum will appear in your account.

Buy Ethereum (ETH)

Step 5: Withdraw and Store Your Ethereum Safely 

Now that you’ve bought Ethereum, it’s crucial to keep it safe. While leaving it on the exchange is convenient, it’s not the safest option for long-term storage. Exchanges can sometimes be targets for hackers, so it’s better to move your ETH to a secure Ethereum wallet.

OKX offers its own wallet, OKX Wallet, which is a decent option if you don’t have a third-party crypto wallet yet. To transfer your Ethereum, head to the “Assets” section on your OKX dashboard, paste your ETH wallet address, and click “Withdraw”. You’ll need to enter the address of your wallet, whether it’s the OKX Wallet or another one, like Trust Wallet or a hardware wallet like Ledger Nano X for maximum security.

Once the transfer is complete, your Ethereum will be safely stored, and you’ll have peace of mind knowing it’s secure. You can also sell Ethereum right inside your wallet.

Withdraw and Store Your Ethereum Safely 

Buying Ethereum with a Credit or Debit Card on DEX

If you prefer the decentralized route when buying Ethereum, you can now do so using a decentralized exchange (DEX) like Uniswap. Unlike centralized exchanges, DEXs give you more control over your funds, allowing you to trade directly from your wallet.

With Uniswap, you can even buy Ethereum with a credit or debit card thanks to its partnership with MoonPay, which acts as the bridge between traditional finance and DeFi. Here’s how you can do it.

First, you need to head over to the Uniswap Web App. Unlike other platforms where you sign up for an account, on Uniswap, you simply connect your wallet.After your wallet is connected, click on the wallet dropdown, where you’ll find the option to “Buy Crypto”. From here, you can enter the amount of Ethereum you’d like to purchase. MoonPay supports over 160 countries, so most users should have no trouble buying crypto with their card. The transaction process is fast, and within minutes, you’ll have your Ethereum directly in your wallet, ready to use.

In terms of supported payment methods, credit and debit cards are the most common, though bank account transfers are also available in certain regions like the U.S., Brazil, the UK, and most of Europe through SEPA.

Note: You need a MoonPay account to complete the purchase of Ethereum on Uniswap using a credit or debit card.

Conclusion

In conclusion, knowing how to buy Ethereum is essential for anyone looking to invest in cryptocurrencies. Ethereum stands out not just as a digital currency but as a platform for decentralized applications. With its increasing popularity, the potential for financial gains is significant. 

By choosing a trusted cryptocurrency exchange like OKX or Binance and following the straightforward steps outlined in this guide, you can easily make your first purchase. Just remember to keep your Ethereum safe by moving it to a secure wallet afterward.

FAQs

What is the safest way to buy Ethereum?

The safest way to buy Ethereum is by sticking to well-known and trusted crypto exchanges like OKX, Binance, Bybit, and KuCoin. You want to look for platforms that have strong security measures, like two-factor authentication (2FA), and ones that keep most of their funds in cold storage (offline storage). 

Also, make sure the exchange follows regulations—it’s a good sign that they take security seriously. After you buy Ethereum, it’s best to transfer it to your own wallet, especially a hardware wallet like Ledger or Trezor.

Can I buy less than 1 Ethereum?

Yes, you can definitely buy less than 1 Ethereum. You don’t need to spend thousands of dollars to get started. Ethereum is divisible, which means you can buy just a small fraction of a coin. Most exchanges let you invest as little as $10 or even less if you’re just testing the crypto market as a beginner.

How long does it take to buy Ethereum?

It usually doesn’t take long (only a few minutes) for an Ethereum purchase, especially if you’re using a credit or debit card. In most cases, the purchase goes through within minutes once your payment is confirmed. 

If you’re using a bank transfer, though, it might take a few hours or even a couple of days, depending on how fast your bank processes it. Once everything’s set, you’ll see the Ethereum in your account pretty quickly. But if it’s your first time buying, the platform might take a little longer to verify your identity, so it’s good to be patient.

Is it safe to buy Ethereum?

Yes, buying Ethereum is safe, and one of the reasons is that Ethereum is a well-established and popular cryptocurrency. It’s not some random pump-and-dump scheme—Ethereum has been around since 2015 and has built a strong reputation in the crypto world. In fact, it has a market cap of over 315.9 billion USD, making it the second-largest cryptocurrency after Bitcoin. 

The fact that it’s widely used for decentralized applications and smart contracts adds to its credibility. Of course, you still need to buy from reputable exchanges and take precautions like using secure wallets, but Ethereum itself is trusted and the best crypto to buy right now.



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Moonray Expands Universe with PS5 Launch and Mobile Game in 2025

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Moonray Expands Universe with PS5 Launch and Mobile Game in 2025


Moonray, the Ethereum-based arena combat game with blockchain features and intense multiplayer battles, is expanding in 2025. Moonray Studios has announced they will be launching the game on PS5 and a Mobile Autobattler to reach a wider audience and grow the gaming ecosystem.

PS5 Launch

Moonray Studios has received approval from Sony to bring Moonray to the PS5. This marks the game’s first entry into the console market, offering players a chance to experience its immersive “post-human” world and fast-paced combat on a new platform. While an exact release date hasn’t been announced, the team plans to share early access details in the coming months.

However, due to Sony’s current policies, the PS5 version will not have the Web3 features that are core to the game on PC. So, there are no NFTs and in-game tokens on the console for now. But Moonray Studios believes the core of the game (engaging gameplay and competitive modes) will still resonate with console players.

Even though the PS5 version won’t have Web3 features, it can still introduce players to the innovative work of Web3 game developers. Players will experience unique designs and gameplay mechanics influenced by Web3 development. This might pique their interest in blockchain gaming. And of course, Sony’s blockchain policies may change in the future.

Since the alpha release on the Epic Games Store in July 2024, Moonray has built a community on PC, especially among competitive players and esports enthusiasts. The game has various modes (1v1 duels, team battles, deathmatches) for casual players and competitive players. Expanding to PS5 will grow this community even more.

Mobile Autobattler Q1 2025

In addition to the PS5 launch, Moonray Studios will be releasing a mobile autobattler in Q1 2025. This will be a companion game to the main game and will target players who prefer to play on the go. The autobattler will have the same futuristic setting and immersive gameplay, easy to pick up but hard to master.

The mobile game will be connected to the existing Moonray ecosystem so players can use the same digital assets and $MNRY token across PC, console and mobile. This cross-platform compatibility will allow players to unlock special content and earn rewards.

Players who are not familiar with blockchain can play the game without engaging with these features and still enjoy the game. For those who are interested, integrating digital assets and tokens adds more depth to the game.

Moonray Beyond Gaming

Moonray Studios is also expanding the Moonray universe beyond gaming. They have released two graphic novels, Mother’s Skin and Echoes of Ascension, which go deeper into the game’s lore. Available in over 4,000 bookstores across North America and the UK (including Midtown Comics and Barnes & Noble) these novels add to the game’s story and more content for fans.

They have also partnered with Reel FX to develop an animated series based on the game and graphic novels. This is part of their overall strategy to grow the brand and reach fans across different media.

A Game for All Players

Moonray is unique, with a balance of accessible gameplay and deep strategy. Whether you’re a casual player looking for quick fun or a competitive player looking for a new challenge, Moonray has something for everyone. The community-organized tournaments and various modes have established the game in the competitive gaming scene.

Even without blockchain features on PS5, Moonray Studios is confident the core game will appeal to console players. They will still integrate Web3 where possible and hope platform policies will evolve to allow for these features in the future.

2025 is shaping up to be a big year for Moonray Studios with the multi-platform launch. The PS5 and mobile releases are just the beginning of getting Moonray to a broader audience. Players will be able to experience the game’s world across different platforms, console, PC and mobile.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

Jason Newey

Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.

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TMZ news website boss defends decision to post “disgraceful” pictures of Liam Payne’s dead body online

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    TMZ news website boss defends decision to post “disgraceful” pictures of Liam Payne’s dead body online


    American website TMZ has stood by its decision to publish pictures of Liam Payne‘s dead body in the immediate aftermath of his death.

    TMZ was the first to break the news of the One Direction singer’s death on October 16. It published a report revealing the tragic news, and also shared pictures of Liam’s body.

    Following intense backlash, the pictures were removed. Now it’s executive producer has defended the decision to publish the harrowing pictures.

    The publication of images of the star’s dead body were blasted by Liam Payne fans online (Credit: Splash News)

    Liam Payne death: Pictures of his dead body posted online

    Late on Wednesday night, TMZ shared the tragic news of Liam’s death. Two pictures of the star’s body also featured in the report.

    The pictures showed the singer’s arm, waist and tattoos. The publication said that it shared the pictures to confirm reports that he had died after falling from a hotel balcony in Argentina.

    An image of the red police tent that was set up over Liam’s body at the Casa Sur Hotel in Buenos Aires was also published.

    Posting on Twitter initially, the site said: “TMZ obtained a photo showing Liam’s body on a wooden deck at the hotel with tables and chairs nearby. We’re not showing the whole body, but you can clearly see his tattoo – a clock on his left forearm, and a scorpion on his abdomen.”

    However, after intense backlash, the pictures were removed. The copy was also changed to read: “TMZ has seen a photo showing Liam’s body on the deck at the hotel with tables and chairs nearby. You can clearly see his tattoos – a clock on his left forearm, and a scorpion on his abdomen – which helped us confirm early reports from witnesses.”

    Michael Babcock from TMZ on Fox News

    TMZ’s exec producer Michael Babcock defended the decision to share the images (Credit: YouTube)

    TMZ boss breaks silence

    The site’s executive producer Michael Babcock defended the decision to use the images while appearing on Fox 5 last night (October 17).

    In a clip on YouTube, he said: “There’s a balance. And that’s obviously a conversation that newsrooms across the world have. You want to be sensitive to the family and to the friends and also while working a news story.”

    He then launched a defence over publishing the pictures. “When the information was coming in, police had not yet confirmed that it was Liam. So what was done on the TMZ website, there was an image – we did not show the full image, didn’t show his face – but that showed his arm and his abdomen, where he has some very recognisable tattoos. So that’s sort of used as a way to confirm or to match up the tattoos at a point where police had not yet confirmed his identity. And then, once they did, obviously, that photo was removed.”

    Still not offering an apology, Babcock added: “I mean, it’s just a terribly horrific and sad story. It’s something obviously that shouldn’t have happened. This guy had so much life left to live and you feel horrible for everybody.

    Liam fans who watched the clip were quick to blast the non-apology.

    “Are they really still trying to justify putting pictures of a dead body on their website?” said one.

    Another added: “TMZ is disgraceful and disgusting and have no respect whatsoever and didn’t even bother to apologise for posting those horrendous pictures!!! Will never watch them again!!”

    “It’s not TMZ’s job to ‘identify’ the body,” a third said. “That is the job of the police/coroner to confirm. Revolting way to justify.”

    Liam Payne looking worried

    Liam Payne was aged 31 when he died (Credit: Splash News)

    Fan backlash

    After the pictures were originally published, there were calls for the website to be shut down.

    One fan commented: “You should’ve not posted his pictures. Have some shame.” A second said: “Please, there’s no need to show those pictures. This will affect so many people.”

    Another then added: “You posting pictures of his dead body is disrespectful and weird btw DO BETTER!!” How insensitive of you to post those pictures,” said another. “Disgraceful from you posting his body,” another added.

    Others were thinking of Liam’s young son Bear, who he shares with singer Cheryl Tweedy.

    “Liam Payne’s family need to sue TMZ, because there is a seven-year-old boy that will one day know there are published pictures of part of his dead father’s body available online which is completely unacceptable,” said another.

    Once the pictures were removed, the backlash still continued.

    One fan commented: “At least you had the decency to remove the pictures you took delight in showing. Should never have shown them at all.”

    ED! contacted TMZ for comment.

    Read more: Liam Payne’s ex Maya Henry in shock video attack on star in days before his death

    YouTube video player

    So should the pictures have been published? Tell us what you think on our Facebook page @EntertainmentDailyFix.



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    Chasing Static (2021) – Game details | Adventure Gamers

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    Chasing Static (2021) – Game details | Adventure Gamers



    In the dead of night, a fierce storm rages across North Wales. Miles from any town, Chris Selwood seeks refuge in a remote roadside cafe. After a brief moment of respite, Chris finds himself venturing into the woods blindly following the distressed screams of the cafe waitress. Explore the untouched wilderness of rural Wales while using an experimental Shortwave Displacement Monitoring Device to uncover the forgotten remains of a government cover-up where a mysterious phenomenon caused time to stand still.



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    Solana content tokenization grows with Cube listing of Access Protocol following Argentine government partnership

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    Solana content tokenization grows with Cube listing of Access Protocol following Argentine government partnership


    Receive, Manage & Grow Your Crypto Investments With Brighty

    Cube, a hybrid exchange that settles trades on-chain using secure multi-party computation, has listed Access Protocol (ACS), a content monetization platform built on Solana. The listing follows Cube’s recent announcement of Isometric (ISO), an intent-based transaction network that aims to enable cross-chain trading without asset bridging.

    At the Solana Breakpoint conference, Cube’s CEO and co-founder Bartosz Lipinski outlined the vision behind Isometric. “When we started building Cube, we wanted everything to be an intent,” Lipinski stated.

    “Everyone will be able to submit intents to the network and verify settlements on multiple chains using the decentralized MPC that we’ve built.”

    He emphasized that the decentralized MPC integration layer allows users to utilize value across layer-one blockchains without diminishing it.

    Isometric’s platform token, ISO, will power governance, staking, and decentralized custody within the network. Cube has scheduled both the token and mainnet launch for the second quarter of 2025, aiming to streamline cross-chain interactions and enhance blockchain transaction efficiency.

    In addition to technological advancements, Cube announced a partnership with the Argentine government this week. The collaboration intends to explore leveraging the Isometric network as a catalyst for Argentina’s financial system, signaling a significant step in integrating blockchain technology with national financial infrastructures.

    The timing of the ACS listing is notable as it highlights the growing use of content tokenization on the chain. Cube’s custom rewards platform, Blocks, engages users through unique packages for listing traders and token holders. Participants in the ACS listing will be eligible for Blocks campaign rewards, potentially increasing user engagement and liquidity for the token.

    Access Protocol has been expanding its ecosystem. The protocol is integrating Solana’s new “Actions” and “Blinks” features to enhance the user experience by allowing crypto transactions through any website or application using shareable links. This integration will enable one-click purchases of staked ACS subscriptions for top crypto media platforms using Solana’s native token, SOL.

    Founded by DeFi investing expert Mika Honkasalo and launched in February 2023, Access Protocol offers a blockchain-based subscription model for content creators and digital media publications. Users can access exclusive content by staking ACS tokens rather than through traditional subscriptions.

    Cube’s listing of ACS and developments with Isometric reflect a broader trend of innovation in cross-chain solutions and content monetization models within the blockchain industry. The partnership with Argentina emphasizes the growing interest of national governments in leveraging blockchain technology for financial system enhancements.

    CryptoSlate Alpha is powered by Access Protocol, which gives exclusive access to enhanced crypto research and insights.

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    Christie’s Introduces NFT Art Auction to Support Refugees Through UNHCR – Cryptoflies News

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    Christie’s Introduces NFT Art Auction to Support Refugees Through UNHCR – Cryptoflies News


    7

    Christie’s is organizing a new non-fungible token (NFT) art auction called “Bridging Worlds: Digital Art Beyond Borders,” set to run from October 23 to 30. This auction, in collaboration with Web3 bank Sygnum, will support the UN Refugee Agency (UNHCR), which aids those displaced by conflict and persecution.

    The theme of the auction is inspired by the 60th Biennale’s theme, “Stranieri Ovunque” — “Foreigners Everywhere.” It will feature digital artworks from multiple prominent artists, each interpreting the concept of borders — both literal and metaphorical.

    One highlight of the event will be the inclusion of Vinnie Hager’s artwork, “Handle With Care.” This piece was selected from over 200 submissions in a contest led by Erick Calderon, founder of Art Blocks and the Chromie Squiggle project. The contest invited artists to reinterpret the Chromie Squiggle, an iconic digital art piece, valued between 4 and 6 ETH (approximately $10,000 to $15,000).

    Snowfro, Chromie Squiggle #9755

    A portion of the auction proceeds will benefit UNHCR. Cristina Davies, Executive Director, Switzerland for UNHCR, stated, “Through this initiative, digital artists are not only challenging the concept of borders but also helping to bridge the gap between those forced to flee and the global community.”

    This auction reinforces Christie’s ongoing involvement in the Web3 and NFT art space. The auction house has been actively hosting similar auctions since it launched its NFT platform, Christie’s 3.0, in 2022, allowing fine art auctions to take place entirely on the blockchain.

    Earlier this year, in May, Christie’s held another NFT auction, “Beyond the Screen,” featuring CryptoPunks and Bitcoin-themed artworks. The event followed the success of its first Bitcoin-based NFT auction, “Ordinal Maxi Biz (OMB),” which raised over $730,000.

    According to a 2022 report, Christie’s sold 87 NFT lots that year, generating $5.9 million. Artists like Diana Sinclair, Mad Dog Jones, and Fewocious were among those featured in these sales.



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