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Nuklai Teams Up with Filecoin, and More

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Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

Here’s what happened recently in the DePin sector: Nuklai collaborated with Filecoin to archive global data, Opentensor Foundation shared its post-hack plans, and Silencio celebrated 5 million check-ins.

Nuklai Collaborates with Filecoin

Nuklai, a collaborative infrastructure provider for data ecosystems, has teamed up with Filecoin Foundation to archive the world’s data and improve AI with detailed data understanding. The first step in this partnership is to connect with Filecoin’s decentralized network using Lighthouse Storage’s solution for better data storage.

Whether it’s the actual data or information about the data, Nuklai’s goal is to store it efficiently. The project aims to do this transparently and in a decentralized manner using Filecoin’s network.

“We’re excited to collaborate with the Filecoin Foundation to bring Nuklai one step closer to building the world’s ontology through an accessible and traceable storage and archiving solution,’’ said Nuklai product lead Daniel van der Woude.

Read more: The Economics of Decentralized Storage Protocols

Data is usually stored on big cloud providers like AWS, Google Cloud, or Alibaba Cloud. To make data easier to access, Nuklai has a simple method. They explain and decentralize the data’s details in its metadata, making sure we understand the data, where it comes from, and what it contains. This helps create a clear picture of the data.

They also standardize the data to make it more efficient and compatible, speeding up innovation and helping train AI models. Once the data is clear and standardized, Nuklai stores it using Filecoin’s network, making it accessible.

Bittensor Explains the Recent Hack

On July 2, a security exploit led to Bittensor users losing 32,000 TAO tokens worth about $8 million due to a leaked private key. This incident caused TAO’s price to drop by 15%, reaching a six-month low.

The attack was caused by a fake package in version 6.12.2 of the PyPi Package Manager, which compromised user security. This package pretended to be a real Bittensor package but had code that stole unencrypted cold key details. When users downloaded this package and decrypted their cold keys, the information was sent to a remote server. This server was controlled by the attacker.

Despite the severity of the attack, some validators, like RoundTable 21, confirmed their delegators’ funds were safe. However, stopping the chain has sparked debate within the community about Bittensor’s decentralization. Critics say pausing the chain goes against decentralized AI network principles, while supporters believe it was necessary to protect users’ assets.

Read more: Crypto Project Security: A Guide to Early Threat Detection

Bittensor price
Bittensor (TAO) Price Performance. Source: BeInCrypto

Opentensor Foundation plans to gradually restart the Bittensor blockchain safely and responsibly, with regular updates to the community. In the future, Bittensor will enhance package verification, increase security audits, adopt best practices in public security, and improve monitoring of package uploads and downloads.

Silencio Reaches 5 Million Check-Ins

Silencio is a decentralized app that lets users make money from their phones by sharing local noise data, helping to fight noise pollution. The app relies on a community-powered network and is built on the PEAQ blockchain, which ensures data accuracy.

In the Silencio app, users tap the measurement button to start recording noise with their phone’s microphone. They can also earn rewards by checking into locations like cafes or offices. These check-ins help gather information on noise levels in different areas.

Today, the app’s team announced they have reached 5 million check-ins, marking an increasing user interest along with hopes for a possible NOISE airdrop.

“It’s roughly 7 months ago that we introduced the Check-In Feature! And the Silencians love it! Just this weekend, we breached through 5 Million Check-ins equalling out to ca. 23k Check-Ins being made per day!” the team stated

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

These developments indicate a promising future for DePIN, with more prominent players entering the sector and new solutions emerging. While DePIN is still in its early stages and has some flaws, it allows for the exchange of tokens between synthetic and real-world assets. This supports traditional infrastructure by providing last-mile coverage in areas where conventional models are not economically feasible.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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iDEGEN finishes the presale race with hype as investors fear missing out

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  • Solana will likely remain under pressure in the near term despite the steady fundamentals.
  • iDEGEN is ending its presale with the same hype that has carried it through the presale as investors fear missing out. 
  • Even with the likely approval of a Litecoin ETF, the bulls lack enough momentum to fuel a breakout

Crypto bulls remain in control amid optimism of a 2025 bull run. However, with a neutral market sentiment, most crypto majors have been range-bound in the just concluded week. Even so, meme coins continue to attract savvy investors looking for cheaper alternatives with robust growth potential. 

Since the launch of its presale on 26th November 2024, iDEGEN has taken its enthusiasts on a wild ride; raking in hefty returns for its early adopters along the way. With just a few days left before its listing on decentralized exchanges (DEXs), market participants forecast an explosive entry. As such, more investors are rushing to amass $IDGN tokens before time runs out.

Solana price stuck between the battle of optimism vs. technicals

Solana price has continued to find support in the optimism of a bull run in 2025. Besides, the surge in altcoin ETFS’ filings is a key tailwind for the crypto major. 

Even so, buyers are still on the sidelines as the market sentiment remains neutral. With this low bullish momentum, Solana price failed to sustain a rebound past $180 earlier in the week. 

A look at its daily chart shows the continuation of the death cross pattern as the short-term 25-day EMA remains below the 50-day MA. At its current level, the bulls are keen on defending the support at $$167.68. Below that level, the bears will be looking to pull it further to $160.10. On the upper side, $186.21 is still the resistance level to beat if the crypto is to stage a successful breakout.    

Solana Price
Solana Price chart

iDEGEN’s timing, community, and positioning sets it for unmatched heights

iDEGEN’s virality and success is proof that the market is ripe for projects that defy the norms. Indeed, the absence of guardrails is one of the factors that have catapulted the AI crypto to its current levels.

Crypto degens have been responsible for raising the AI agent, steadily feeding it with uncensored content. This community has become so committed and influential that not even the bans on X could stop the movement In fact, it only fueled the FOMO. 

As a result, iDEGEN has raised over $24 million with more than 1.8 million $IDGN tokens already sold. At its current price of $0.0345, the early adopters are sitting on returns of over 31,000% even before it hits the public shelves. 

Based on its infrastructure, timing, and virality, iDEGEN has robust growth potential. Whether or not the heightened speculations of a Binance listing will materialize, the crypto is set for great heights on the back of a crypto-friendly environment, an engaged community, and the positioning of AI in the crypto space. 

Besides, its rivals like Hamster Kombat, AI16z, and Fartcoin, which were launched in October 2024, have since seen their market cap exceed $100 million. In fact, AI16z is currently valued at over $400,000. With this immense validation of AI cryptos, iDEGEN’s value will likely surge by at least 10X in coming months. Read more on how to buy the iDEGEN token here.

Optimism over a Litecoin ETF not enough to yield a breakout

Litecoin Price
Litecoin Price chart

SEC is already reviewing Canary Capital’s proposal of a Litecoin ETF; an aspect that is offering support to the altcoin. On its daily chart, it continues to trade above the 25 and 50-day EMAs; pointing to further gains in the near term. 

However, with buyers on the sidelines, Litecoin price may remain range-bound for a while longer. More specifically, the range between $120.25 and $131.25 is worth watching. Heightened optimism may further boost the altcoin to find resistance at $135.12.



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3 Meme Coins to Watch For The Last Week of February 2025

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DOGEai, TST, and BROCCOLI are three meme coins drawing attention for the last week of February. DOGEai, launched on Solana, is up 110% in the past seven days, positioning itself as a leading AI meme coin.

TST remains one of the most popular meme coins on the BNB chain despite a recent correction. At the same time, BROCCOLI, inspired by Binance co-founder CZ’s dog, has also seen significant volatility.

DOGEai (DOGEAI)

DOGEai is an artificial intelligence coin launched on Solana. Its market cap is now $32 million, up 82% in the last seven days. This rise has positioned DOGEai as one of the most talked-about AI meme coins in recent days.

DOGEAI Price Analysis.
DOGEAI Price Analysis. Source: TradingView.

DOGEai leverages multiple narratives, including Dogecoin’s popularity, the growing interest in DOGE (Department of Government Efficiency), and the broader AI cryptos trend. It defines itself as “an autonomous AI agent here to uncover waste and inefficiencies in government spending and policy decisions,” offering bill summaries and insights into government expenditures.

If the current uptrend continues, DOGEai could test the resistance at $0.048, with potential targets at $0.059 and $0.069. However, if a downtrend emerges, DOGEai has support at $0.030, and if that level is lost, it could drop to $0.018 or even $0.0092.

Test (TST)

TST has emerged as one of the most popular meme coins on the BNB chain, benefiting from the chain’s growing volume, which recently even surpassed Solana.

In the days following its launch, TST reached a market cap close to $500 million, then entered a strong correction phase. Its market cap has since dropped to $78 million.

TST Price Analysis.
TST Price Analysis. Source: TradingView.

If the BNB narrative gains strength again, TST could benefit as one of its most popular meme coins and may test the resistance at $0.10. A breakout above this level could push TST to $0.20 or even $0.25 if buying pressure intensifies.

However, if TST fails to regain strong upward momentum, it could test the support at $0.0719 and potentially drop to its lowest levels since February 9.

CZ’S Dog (BROCCOLI)

BROCCOLI was launched a few weeks ago after Binance co-founder CZ revealed his dog’s name, sparking a flood of BROCCOLI tokens on the market.

The largest of these tokens quickly surged to a $249 million market cap in its early days but has since dropped to $52 million.

Like TST, BROCCOLI benefited from the recent rise of the BNB ecosystem but has since entered a strong correction phase. It is down 40% in the last seven days.

BROCCOLI Price Analysis.
BROCCOLI Price Analysis. Source: TradingView.

If the downtrend continues, BROCCOLI could test support near $0.04, and a break below this level could push it to its lowest price since launch.

However, if the BNB ecosystem and meme coins regain traction, BROCCOLI could benefit, especially given the popularity of dog-related meme coins like Dogecoin and Shiba Inu. In this bullish scenario, BROCCOLI could rise to test the resistance at $0.113.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Ethereum Rollback Debate Intensifies After Bybit Hack

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The crypto community is divided over calls for an Ethereum blockchain rollback following a massive security breach at Bybit.

On February 21, the exchange lost nearly $1.5 billion in ETH to hackers, sparking discussions about whether Ethereum should intervene to recover the stolen funds.

What is a Blockchain Rollback?

A blockchain rollback, also known as a reorganization, involves reversing confirmed transactions to restore the network to an earlier state.

This process usually happens after a major security breach or exploit. Validators must reach a consensus to discard the affected blocks, effectively erasing the malicious transactions.

Despite its potential benefits, a rollback remains a controversial and rarely used measure due to its impact on a blockchain’s trust and decentralization.

Blockchains operate on the principle of immutability, meaning transactions are expected to be final once confirmed. So, rolling back transactions challenges this principle, raising concerns about the security and reliability of the network.

Crypto Leaders Clash Over Ethereum Rollback Proposal

BitMEX co-founder Arthur Hayes has been vocal in advocating for a rollback to solve the ByBit hack. He pointed to the 2016 DAO hack, where Ethereum underwent a hard fork to recover stolen funds, as precedent.

Hayes argued that since Ethereum previously compromised on immutability, another intervention should not be off the table.

“My own view as a mega ETH bag holder is ETH stopped being money in 2016 after the DAO hack hardfork. If the community wanted to do it again, I would support it because we already voted no on immutability in 2016,” Hayes said.

JAN3 CEO Samson Mow also supported the rollback, stating it could prevent North Korea from using the stolen funds to fund its nuclear weapons program.

However, not everyone agrees. Pseudonymous crypto trader Borovik strongly opposed the idea, arguing that a rollback would jeopardize Ethereum’s credibility and neutrality.

Bitcoin advocate Jimmy Song also dismissed the possibility, stating that the Bybit hack cannot be compared to the 2016 DAO exploit. Song emphasized that the DAO hack allowed for a 30-day intervention, whereas the Bybit attack is already finalized, making a rollback impractical.

“I know people are expecting the Ethereum Foundation to roll back the chain, but I suspect it’s already too much of a mess to do it cleanly,” Song added.

Meanwhile, Ethereum supporter Adriano Feria introduced an alternative perspective. He argued that Bybit could have avoided this situation by using a Layer 2 (L2) solution with conditional reversible transactions.

According to Feria, blockchain technology needs some form of reversibility to ensure real-world adoption.

“Whether through social recovery or another pre-determined, immutable, and transparent decision-making process, real-world mass adoption will not work without reversible transactions. Without this capability, transactional activity will inevitably gravitate toward TradFi systems that already provide it,” Feria stated.

This debate raises a fundamental question for Ethereum: should it prioritize immutability or intervene in extreme cases?

While some see a rollback as a necessary response to an unprecedented loss, others fear it could undermine the core principles of decentralization. Ethereum’s next steps will likely shape its long-term credibility and trust within the crypto space.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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