John – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 25 Jun 2025 17:26:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 John – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 [LIVE] XRP Price Prediction: John Deaton Says $100B Ripple Valuation Is Possible – Here’s What That Means for XRP https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/ https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/#respond Wed, 25 Jun 2025 17:26:53 +0000 https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/

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The XRP price (XRP) has managed to remain green in the past 7 days despite the volatility introduced by the war between Iran and Israel.

The token has managed to stay above its $2 psychological support after briefly dropping below that level during the weekend.

This week, attorney John Deaton, a well-known supporter of Ripple who recently lost his bid for the U.S. Senate against Elizabeth Warren, commented that the blockchain company should take advantage of the positive environment in which cryptos are in to launch its initial public offering (IPO).

Leveraging the success of Circle’s IPO, Deaton believes that the market could value Ripple at as much as $100 billion.

“If @circle can hit a 62B-75B market cap then @Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton asserted in an X post.

If Ripple does agree with his view, this would support a bullish XRP price prediction as it would contribute to raising the public’s awareness about the project and could further solidify Ripple’s bid to become the preferred cross-border payment platforms for global enterprises.

XRP Price Prediction: XRP Forms Bullish Pattern That Anticipates a Retest of Its Recent Highs

Looking at the 12-hour chart for XRP we can see that the token has formed a bullish pennant pattern as a result of the long-standing consolidation phase that came after its November 2024 rally.

xrp price prediction

Ripple’s legal victories against the U.S. Securities and Exchange Commission (SEC) and a change in leadership at the agency propelled the price of XRP near its all-time high.

Pennant patterns like this favor the continuation of the uptrend that once pushed the token to those levels. Hence, if the price breaks out above the $2.5 area, we could witness a retest of the $3.4 level soon.

Momentum indicators in this lower time frame have been improving as the Relative Strength Index (RSI) moved above 50, meaning that the uptrend has been gaining strength.

The $2 mark seems to be the most relevant support to watch. Another bounce above this area could provide the necessary liquidity for a rally toward a new ATH.

As cryptos continue to recover, storing your digital assets safely is a key priority. One of the hottest crypto presales of the year, Best Wallet (BEST), has launched its innovative Web 3 storage solution that features low fees and supports assets from dozens of blockchains.

Best Wallet (BEST) Nears $14M Raised As It Prepares to Launch Token

Best Wallet (BEST) aims to take a share from dominant solutions like MetaMask and Exodus by introducing a set of new tools for investors that will make its crypto wallet quite appealing.

best wallet crypto presale

The solution currently supports assets in 60 different blockchains and offers low fees for swaps. Its mobile app can be downloaded for iOS and Android devices and it comes with a powerful crypto screener called ‘Upcoming Tokens’.

This last feature helps investors identify the most promising crypto presales and has already spotted big winners like MIND of Pepe (MIND) and Pepe Unchain (PEPU).

To buy $BEST at its discounted presale price, head to the Best Wallet website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH for this token or use a bank card to invest.


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Kid’s Tricking Induction in New York: Who is John Victor Waltz? https://earlybirdsinvest.com/kids-tricking-induction-in-new-york-who-is-john-victor-waltz/ https://earlybirdsinvest.com/kids-tricking-induction-in-new-york-who-is-john-victor-waltz/#respond Sun, 25 May 2025 17:33:48 +0000 https://earlybirdsinvest.com/kids-tricking-induction-in-new-york-who-is-john-victor-waltz/

In the latest crypto-inducing case, a man named John Victor Waltz was arrested on Friday (May 23) and accused of luring an unknown Italian man in New York and tortured him for several weeks to access the man’s Bitcoin.

Woeltz and another unnamed individual are said to have taken Italian tourists hostage for two weeks inside their Manhattan home.

John Victor Wertz was arrested the same day, and the victim of the code-tooker managed to escape

John Victor Watts, 37, was taken into custody on Friday (May 23) but the victim was able to escape Manhattan’s property.

Woeltz was arrested Saturday for each of the second-degree attacks, tricks, illegal imprisonment and criminal possession of a firearm, according to court records.

Sources close to the survey say Woeltz, tourists and an unknown third individual have been in business together for years. Police are looking for a third business partner who has not yet been publicly identified.

Waltz’s lawyer declined to comment on Saturday. The judge granted a request to detain Woeltz during his arrest on Saturday. His next court date is Wednesday.

Discovered: Top 20 Cryptocurrencies to Buy Headlines by June 2025

Italian man is said to have been tortured for holding for 17 days for a Bitcoin password, but it did not break

Following the rise in code-inducing cases across France, an Italian man was threatened with a New York chainsaw for two weeks before fleeing

(sauce))

The tourist, a 28-year-old man visiting from Italy, met the accused temptation on May 6, sources said. On the same date, Woeltz allegedly took Italians to a home he had rented in Norita, a luxury neighborhood in New York’s Manhattan area.

According to criminal charges filed in New York, Woeltz and an unidentified “unsolicited man” lured the victim, taking electronic devices and passports, and tortured him until he escaped 17 days later.

The pair were trying to get the victim to hand over access to his Bitcoin portfolio, but when he refused, they beat him, shocked him with an electric wire and slam him in the head with a gun.

Woeltz and his third business partner are said to have repeatedly aimed for a gun on the victim’s head, hanging him on the stairs of the best staircase, threatening to kill him if he didn’t reveal his password.

Sources close to the incident also alleged that the temptator urinated the victim and placed an apple air tag around Italy’s neck to prevent him from running away.

Details have not been announced yet about how the victim escaped on Friday. However, upon his escape, the Italian ran to a road traffic officer who called the police to Norita’s house, where John Victor Waltz was later arrested.

Of the various types of cryptocurrency invitations, there is little information about what has spurred business relations to become so violent.

When digging into Woeltz’s background, Crypto-Tech’s motivation is surprising. Sources say the alleged temptation suspect is a prominent Kentucky crypto trader and is estimated to be worth $100 million north.

Meanwhile, the same source claims that Italian victims have a net worth of around $30 million. Due to the trio’s long-standing business relationship, there may be several reasons why Woeltz and his accomplices viciously torture the victims for his Bitcoin password.

Sources reportedly said Woeltz had rented a Prince Street residence at an interest rate of between $30,000 and $40,000 a month. The online listing of the house says it was last rented in March for $75,000.

Whether the business deal was wrong or simply pure greed, it gets hot right after a splate of crypto-related temptations in France and elsewhere.

Earlier this year, Ledger, co-founder of Crypto Hard Wallet Firm, was invited along with his wife in a ransom attempt. David Barlands had his fingers cut during the ordeal before French special forces carried out a successful rescue operation.

Then again, just a few weeks ago, the daughter and granddaughter of a French code exchange owner were victims of an attempted daytime temptation on the streets of Paris.

Luckily, the daughter’s husband fought the attackers before public members could intervene, and the criminals were forced to abandon the plot.

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John Bolton’s case for optimism about Donald Trump https://earlybirdsinvest.com/john-boltons-case-for-optimism-about-donald-trump/ https://earlybirdsinvest.com/john-boltons-case-for-optimism-about-donald-trump/#respond Fri, 02 May 2025 07:44:09 +0000 https://earlybirdsinvest.com/john-boltons-case-for-optimism-about-donald-trump/

To kick off his second term, President Donald Trump sought revenge on President Joe Biden, elite law firms, elite universities, and even some of his former staffers — including John Bolton.

Bolton has worked in every Republican presidential administration since the ’80s, including Trump’s first, as national security adviser. Together, they tore up the Joint Comprehensive Plan of Action, better known as the “Iran nuclear deal” put in place by President Barack Obama.

The Trump-Bolton partnership, however, was not meant to last. Bolton left the Trump administration acrimoniously and has been a constant critic of the president since, so it should be no surprise that Trump revoked his security detail within hours of taking office for a second term in January.

Retribution — a theme of Trump’s first 100 days — was one reason to speak with Bolton this week. The other was to get his take on how our democracy is faring at the moment. Another former Trump staffer named John, former chief of staff John Kelly, has said Trump fits the definition of a fascist.

But Bolton wouldn’t go that far, even after 100 days of payback. Our conversation, edited for length and clarity, is below.

I don’t disagree with John Kelly on his assessment about Trump, what Trump does, and what’s wrong with [his behavior]. To be a fascist [however], you have to think at some conceptual level, which Trump never does.

Would quibble with the term “fascist” because it’s too simplistic?

It’s too far above Trump’s capabilities. He has no philosophy. He has, in the national security space, no grand strategy, and doesn’t do policy as we conventionally understand that term. It was difficult for me to accept. … There are plenty of people around him with problematic philosophies, people who do have the ability to think at a more conceptual level. What they say may ultimately be reflected in certain Trump decisions, but it’s not because he shares their worldview or anything like that.

What was your impression of his approach — if not something leaning towards fascism or authoritarianism — when you were in his administration?

I think he wants to be the center of attention. I think that’s probably his principal motivating factor.

I think his approach was once described by [conservative columnist] Charles Krauthammer very well. Krauthammer said that he began by thinking Trump was an 11-year-old. But he realized after a close evaluation that he was about 10 years off: Trump’s really a 1-year-old who just sees everything in the world and asks the question, “What’s in this for me?”

Somebody else, I don’t remember the name, observed that Trump doesn’t have ideas, he has reactions. And I think that’s also an important insight.

If you took all of his decisions in his first term, they’d be a big archipelago of dots; a lot of the dots I agreed with. But if you try to connect the dots…Trump himself couldn’t connect the dots.

What have you thought of the first 100 days of the second administration so far?

I think it’s even more incoherent. What you’re seeing in public now [is] what many of us who were in the first term saw in private.

Obviously, they spent the four years in exile at Mar-a-Lago planning. [In] their first 100 days, much more was accomplished from Trump’s point of view than in his first 100 days in the first term. I’m not sure that history will record that after this burst of activity in the first 100 days, there’s much more follow-up.

I think Trump will get bogged down in a lot of subsidiary issues that happen to catch his attention. For example, he’s now chairman of the board of the Kennedy Center. And I can think of nothing more important than for a man who knows so much about buildings [than] to spend a little time on the question of the rugs at the Kennedy Center, the carpeting, the curtains, and the stages.

I think you’re getting at something that I’m constantly struck by, which is while this seems like a serious administration with serious ideas, there’s also all of these distractions that make this seem like a bit of a clown car.

The DOGE firings and then hiring back of nuclear safety personnel, the infamous Houthi PC small group chat, the tariffs, no tariffs, tariffs, just kidding, no tariffs. At the same time, you’ve got the campaign of retribution we’ve spoken about. You’ve got defying court orders and challenging the judiciary. You’ve got the silencing of speech left and right; the First Amendment.

When you see these constitutional infringements, are you worried for the state of the republic?

I don’t think Trump is an existential threat. I think our institutions are a lot stronger than him. … I think we will survive.

But I think many of the things you’ve mentioned, he has singled out by executive order for example, Chris Krebs, former head of the Cybersecurity and Infrastructure Bureau at Department of Homeland Security in his first term, for prosecution because he dared to say that the 2020 election was safe and free from interference in cyberspace, which Trump didn’t want to believe. He singled out a fellow named Miles Taylor, who had been chief of staff to the secretary of Homeland Security. These are actions by a president with no predicate for a criminal investigation that I think are very threatening.

But you’ve got to evaluate all this [as] Trump making the first move. He’s done all this in the first 100 days. He’s done it in Trump time because he stays up until two in the morning. He’s constantly active. The judicial system obviously doesn’t normally react with such speed. Trump makes his headline and then moves on to something else.

The real question is: What is followed up?

I think if we come back in a couple of years, we’ll see a lot of the effort of the first 100 days just in ashes because the courts will have held. I think that is the ultimate check. It obviously will have cost people money for attorneys’ fees and time and aggravation and concern. But I think a lot of these efforts will fail, and they will set precedents that will make it even harder for a future president to try this kind of thing.

It was 95 years since the Smoot-Hawley tariffs, which were an act of monumental stupidity in 1930. I think history will record that Trump-Vance tariffs as another monumental act of stupidity, and hopefully it’ll be another 95-year-long lesson. From that perspective, a lot of what has happened in the first 100 days is incomplete because while Trump has moved his pawn to King 4, the rest of the system is still reacting.

You have worked under four presidential administrations, from Reagan to George H.W. Bush to George W. Bush to, of course, President Trump. Does that historical long view that you personally possess work to your advantage in these trying times of ours?

Well, we’ve suffered a lot worse in this country. We did have a civil war where over 600,000 soldiers died of one cause or another, and the country moved on. I’m not underestimating the problems that Trump is causing. I just think it’s important to bring as many people along on the proposition that this is unacceptable. I think sometimes, using the rhetoric that says this is existential turns people off. And I’m looking to convince as many people as possible that this is an aberration in American politics, that it’s not sustainable, and particularly in the Republican Party, that beginning in 2026, certainly in 2028, we’ve got to move on from it.

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Comment on Untangling Bitcoin: Why Russell Yanofsky Is Taking Apart Crypto’s Oldest Code by John caseday https://earlybirdsinvest.com/comment-on-untangling-bitcoin-why-russell-yanofsky-is-taking-apart-cryptos-oldest-code-by-john-caseday/ https://earlybirdsinvest.com/comment-on-untangling-bitcoin-why-russell-yanofsky-is-taking-apart-cryptos-oldest-code-by-john-caseday/#respond Thu, 24 Apr 2025 05:59:51 +0000 https://earlybirdsinvest.com/comment-on-untangling-bitcoin-why-russell-yanofsky-is-taking-apart-cryptos-oldest-code-by-john-caseday/

Developers often use words like “monolithic,” “blob” and “tangled” to describe the code underpinning bitcoin.

These words paint a picture of how difficult the code can be to comprehend and, in turn, work with, and it’s not exactly a comforting thought for a network supporting $61 billion in investor dollars. That’s not to say bitcoin doesn’t work – it does – but the state of the codebase does leave something to be desired, both for users who might desire more flexibility and the developers who want to improve it.

So, although changes like the code optimization Segregated Witness (SegWit) and the philosophy of so-called “hard fork” upgrades have attracted the most attention of late, several bitcoin developers are working under the radar to untangle bitcoin’s messy architecture.

Chaincode’s Russell Yanofsky, for one, is attempting to tackle one part of the problem with something called “process separation” in the Bitcoin Core code, the most used of the software options.

Yanofsky told CoinDesk:

“Bitcoin is an older codebase. It’s changed a lot over time. There are lots of parts of it where, if we were writing everything from scratch, we’d probably do things differently. But since we have this legacy of code, we have to find ways to maintain it.”

Ditch the monolith

To begin to understand Yanofksy’s process separation technique, you must first understand that the Bitcoin Core software is made up of many different pieces and two so-called “processes” that are lumped together in, some would argue, a random way.

The first process is called “bitcoind” and, according to Yanofsky, is made up of a few things: the peer-to-peer code, which connects the nodes in the network; the validation code, which checks whether transactions and blocks that a node receives are valid; and the wallet code, which stores a user’s private keys.

The second process, “bitcoin-qt,” runs all of those things with the addition of a user interface so users with little tech experience can run a full node without using the command line.

Yanofsky thinks it would be better to separate some of these aspects of the code. To that end, he’s creating a new process, “bitcoin-walletd,” which splits off the wallet code from bitcoind. And he’s removing all of the code from bitcon-qt except the user interface.

His slides from a BitDevs presentation in New York City this week show the difference in structure:

slide1

slide2

At a high level, it may seem as if the various bitcoin processes are already completely separated, but in coding terms they aren’t. So now, Yanofsky is essentially building barriers between the different components.

In this way, once the code is finished, the wallet portion will not be able to touch other parts of the code.

Mix and match

So, what would this mean for users? More flexibility, mostly.

Users can move things around like a puzzle, mixing and matching the pieces Yanofsky is splitting up. For example, with the wallet not tied to the node, users could take the wallet and use it with any bitcoin node.

“Maybe if you’re using an older wallet that doesn’t support new features and you don’t want to get rid of it – or you don’t want to transfer your money out,” the option to bring the wallet over to a different node might be useful, he said.

In much the same way, users might want to use the user inteface of bitcoin-qt with different bitcoind nodes.

“You could basically have a bitcoin node running on a server someplace. Maybe you just want to run the GUI to just check what its bandwidth usage is or its peer-to-peer connections are,” Yanofsky said.

Creating more options for users, something bitcoin enthusiasts are particularly attentive to, is why Yanofsky is working on the project at all.

While he admits his changes could slow things down a little, or make debugging code more difficult for developers, the project has gotten a GitHub blessing from several Bitcoin Core contributors, including lead maintainer Wladimir J. van der Laan and contributor Daniel Cousen.

And that’s partly because the advantages aren’t only user-facing, Yanofksy said, adding:

“There are user-visible features that come out of it, but there’s also a big architectural and code cleanup component to it.”

Review bottleneck

While Yanofsky said he’s almost done writing the code for the major upgrade, there’s still a number of things need to happen before it can be officially added to Bitcoin Core.

“The biggest problem with review is getting people’s attention,” he said.

Since a number of open-source bitcoin developers have to review each code change before it can be added, and there is a limited number of developers with the expertise to review code changes, the process could be a long one.

Yanofsky also expects some other changes, such as Cory Fields’ peer-to-peer code additions and wallet code changes from his Chaincode colleague Matt Corallo, will also take precedence over his process separation change.

“Right now the focus is definitely not in this area,” Yanofsky said. “Our biggest priority right now is getting better SegWit support. This feature will have to wait its turn.

But while it’s not on the priority list just yet, the work still promises to be an important change, as highlighted by Blockstream CTO Greg Maxwell’s comment on the Yanofsky’s Github:

“I think we should have done something like this a long time ago.”

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has ownership stake in Blockstream. 

Lego image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Interested in offering your expertise or insights to our reporting? Contact us at [email protected].

https://www.coindesk.com/untangling-bitcoin-russell-yanofsky-taking-apart-cryptos-oldest-code/

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Building Anything You Can Dream Of: John Vibes on Somnia's 400k TPS Blockchain https://earlybirdsinvest.com/building-anything-you-can-dream-of-john-vibes-on-somnias-400k-tps-blockchain/ https://earlybirdsinvest.com/building-anything-you-can-dream-of-john-vibes-on-somnias-400k-tps-blockchain/#respond Fri, 28 Feb 2025 15:42:32 +0000 https://earlybirdsinvest.com/building-anything-you-can-dream-of-john-vibes-on-somnias-400k-tps-blockchain/

We recently caught up with John Vibes, Somnia’s Chief Vibe Officer and the creative force behind their content.  With over a decade of experience in the crypto space, John has seen the industry evolve dramatically.

In our interview, John shared how Somnia’s newly launched DevNet and their “Dream Computer” aim to allow developers to build anything they can dream of. He highlighted the advantages for developers building on Somnia, especially its capability of handling 400,000 transactions per second. John also explained how this performance unlocks new possibilities like reactive applications. If you’re wondering what Somnia’s cooking up for the future of blockchain, you’ll definitely want to read this interview.

You’ve been in the crypto space for over a decade. How have you seen the industry evolve, especially as it becomes more mainstream?

John Vibes: When I got into the industry, the space was not really about making money the way it is now. It was very ideological, with tons of anarchists and hackers who had dreams of changing the world with magic internet money. Wall Street didn’t take us seriously, but now that they do, and in many ways, they have consumed the industry. This cultural shift has been hard to handle because I feel very out of place these days, but I guess at least Wall Street will pump our bags.

John Vibes – ‘Chief Vibe Officer’ at Somina

Somnia is known as the “Dream Computer.” What exactly does this mean, and how does it set Somnia apart from other Layer 1 Blockchains?

John Vibes: When Vitalik Buterin was originally pitching his idea for Ethereum, he called it the “World Computer,” so the “Dream Computer” is riffing off that early blockchain terminology. We call Somnia the “Dream Computer” because it has the performance capabilities to allow developers to build anything they can dream of.

What role has Improbable played in shaping Somnia’s blockchain infrastructure, especially considering their experience with platforms like Yuga Labs’ Otherside?

John Vibes: Improbable has played a crucial role in the development of the Somnia Blockchain, and they will continue to be a major partner on our journey.

With Improbable announcing the DevNet launch for Somnia, what should developers look forward to, and why should they choose to build on the platform?

John Vibes: Unlike many Devnets that are closed to the public, Somnia is open for public testing during specific hours, which allows the development team to gather valuable community feedback and fully stress-test our network’s capabilities under real-world conditions.

Public users will be able to test out our first applications with Somnia Test Tokens that can be collected for free from a faucet on the Devnet. These applications will include the first exchanges, NFTs and games. Users will also be able to track the network’s transactions through the block explorer.

To help early-stage developers succeed, Somnia is launching a $10 million grant program and providing access to technical guidance, funding, and go-to-market strategies, helping developers bring their ideas to life on Somnia, whether they’re building games, DeFi protocols, or immersive metaverse experiences. By joining Somnia’s ecosystem, developers can take advantage of our high-performance infrastructure, ensuring that their applications can scale effectively and reach global audiences.

You’ve spoken previously about creating a fair and equitable decentralized economy. What are some of the ways Somnia is working to make that vision a reality?

John Vibes: Somnia is building a future where the value flows between the participants of platforms instead of flowing straight up to the owners of the platforms. We want to make it possible for people to build decentralized applications where the users, founders and workers have a shared stake and ability to benefit from the large platforms they participate in.

I see a lot about Somnia’s 400k TPS capabilities. How does Somnia achieve these speeds?

John Vibes: There are a few major innovations that make this possible. First, there’s our new consensus mechanism, MultiStream Consensus, where each validator runs its own data chain to increase throughput. We also have advanced compression algorithms, and we’ve also built our own custom database, called ICEdb.

What are some advantages for developers building on Somnia?

John Vibes: We’re EVM compatible, so Ethereum developers can work with familiar tooling and easily port over Ethereum applications. We’re also offering a $10 million grant program, along with go-to-market and developer support.

What are some new use cases and features that Somnia’s performance capabilities unlock?

John Vibes: 400k TPS makes a lot of new things possible, but one of the most interesting things that we have been talking about is the possibility of reactive applications. This means applications that respond to live events. So, if something happens in the real world, this can trigger an activity in an application. For Example, you can walk into a store and get an NFT for being a frequent visitor. This can also work great for games, where the gaming experience can change based on things that happen in the real world.

Finally, what’s next for Somnia as it continues to grow? Are there any major developments we should be looking out for?

John Vibes: We are in the process of rolling out our Devnet now, which will allow the public to test out our blockchain for the first time. We will be allowing whitelisted developers to start building their apps, and we also have a $10 million grant program to help kick-start the ecosystem. After that, we will enter the testnet phase, where the blockchain will be entirely open to public development, and open around the clock for testing. After that, it will be time for mainnet!

A big thank you to John Vibes for sharing his thoughts and enthusiasm with us. We’re excited to see how his vision for Somnia continues to innovate in the blockchain space.

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SEC May Drop Crypto Lawsuits, Says Former Agency Lawyer John Reed Stark https://earlybirdsinvest.com/sec-may-drop-crypto-lawsuits-says-former-agency-lawyer-john-reed-stark/ https://earlybirdsinvest.com/sec-may-drop-crypto-lawsuits-says-former-agency-lawyer-john-reed-stark/#respond Wed, 19 Feb 2025 22:13:18 +0000 https://earlybirdsinvest.com/sec-may-drop-crypto-lawsuits-says-former-agency-lawyer-john-reed-stark/

The US Securities and Exchange Commission (SEC) may soon pull back from its legal battles with crypto firms, according to John Reed Stark, a former SEC attorney.

Stark, who previously led the SEC’s Office of Internet Enforcement, believes all ongoing investigations—both formal and informal—are likely to stall, including the agency’s long-running case against Ripple.

The former attorney stated in a February 18 post on X that he expects the SEC to instruct its trial unit to either pause all crypto-related cases or settle them on terms favorable to the companies involved.

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Recent court decisions align with this possibility. In January, a judge ruled that the SEC’s lawsuit against Coinbase



$2.1B

must be paused until an appeals court weighs in.

Meanwhile, in February, a judge approved a request from the SEC and Binance



$7.34B

to
delay proceedings for 60 days.

He also expects the legal battle over Ripple to be delayed or withdrawn entirely, though he did not specify a timeline beyond saying it could happen “soon”.

Another sign of shifting priorities at the SEC is the reassignment of Jorge Tenreiro, a lawyer in major crypto cases, to the agency’s information technology division. Along with this, the SEC has reassigned more than 50 lawyers and staff members.

The SEC recently reviewed how cryptocurrency projects were handled in the past. What is the aim of this action? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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