Decentralized computing startup Acurast has secured $11 million in funding from prominent crypto investors including Ethereum co-founder Gavin Wood to launch what it claims will be the world’s first smartphone-based confidential compute network. The project aims to leverage billions of consumer smartphones as tamper-resistant computing infrastructure, with mainnet launch and native ACU token release scheduled for November 17.
about Acurast Raises $11M for Smartphone Compute NetworkGavin Wood
0 posts last weekPolkadot Caps DOT Supply at 2.1B, Token Slides 5%
Polkadot’s community has approved a groundbreaking governance proposal to cap its DOT token supply at 2.1 billion, ending its open-ended issuance model. Despite this significant tokenomics overhaul aimed at introducing scarcity and reducing inflation, the DOT token declined nearly 5% in the past 24 hours, highlighting the complex relationship between fundamental changes and short-term market sentiment.
about Polkadot Caps DOT Supply at 2.1B, Token Slides 5%Gavin Wood on Ethereum Co-Founder Rivalry & Growth
In a revealing interview, Dr. Gavin Wood, co-founder of Ethereum and creator of Polkadot, acknowledged that Ethereum co-founder Vitalik Buterin’s success—including being named one of Time’s 100 Most Influential People in 2021—once bothered him. Wood admitted it would be dishonest to claim otherwise but clarified that his focus has since shifted from competition to product development and innovation within the blockchain space. This introspection highlights the evolving relationship between two foundational figures in crypto, underscoring a maturity that prioritizes progress over personal acclaim.
about Gavin Wood on Ethereum Co-Founder Rivalry & GrowthEthereum’s Decade: From Reddit Idea to Global Computer
Ethereum, co-founded by Vitalik Buterin in 2013, has grown from a Reddit idea into the second-largest blockchain by market cap. Its early presale raised $18.3 million, funding network development and community growth. Over the past decade, Ethereum has powered DeFi, NFTs, and Layer-2 scaling, while transitioning to proof-of-stake via The Merge. Financial institutions like BlackRock and JPMorgan now build on Ethereum, drawn by its security and programmability. Ethereum’s leaders envision it as a ‘global computer,’ integral to AI, robotics, and decentralized infrastructure. The network’s future hinges on balancing innovation with stability, scalability, and accessibility, while maintaining its decentralized roots.
about Ethereum's Decade: From Reddit Idea to Global ComputerPolkadot’s JAM Upgrade & $300M DeFi Growth Fuel DOT Rally
Polkadot (DOT) is poised for a significant rally, driven by the upcoming JAM upgrade that eliminates gas fees and boosts scalability through modular blockchains. With $300M locked in its DeFi ecosystem and growing stablecoin adoption, DOT has reclaimed a critical support level, trading at $4.45 with a 3% daily gain. Analysts like Friedrich and Roman project bullish targets up to $55, citing institutional interest, a 1.06 long/short ratio, and integrations with Uniswap V4 and Arbitrum. The JAM upgrade, set for late 2025, and Polkadot’s Proof-of-Personhood innovation further solidify its Web3 leadership.
about Polkadot's JAM Upgrade & $300M DeFi Growth Fuel DOT RallyPolkadot Launches Proof-of-Personhood to Combat AI Identity Issues
Polkadot has introduced a decentralized identity framework called Proof-of-Personhood (PoP) to address verification challenges in the digital space, particularly amid the rise of AI-generated content. Founder Gavin Wood revealed the system at the Web3 Summit 2025, emphasizing its use of cryptography to verify human uniqueness on-chain. The PoP system will feature two identifiers (DIM1 and DIM2) and is backed by a $3 million treasury proposal, with an accompanying airdrop described as the ‘fairest ever.’ Meanwhile, the DOT token has rallied to $4.4, buoyed by the announcement and increased trading volume, as the network aims to enhance security and attract more developers.
about Polkadot Launches Proof-of-Personhood to Combat AI Identity IssuesPolkadot Unveils Proof-of-Personhood Identity System
At the Web3 Summit 2025 in Berlin, Polkadot founder Gavin Wood unveiled the Proof-of-Personhood (PoP) concept, a decentralized identity verification system designed to combat AI-driven impersonation. The protocol will feature two identifiers—DIM1 (Proof of Individuality) and DIM2 (Proof of Verified Individuality)—and is backed by a $3 million treasury proposal. Wood also teased a ‘fairest airdrop ever’ to accompany the launch. The PoP system aims to improve sybil resistance and reduce security costs, addressing flaws in traditional methods like CAPTCHAs and KYC. Additionally, Polkadot has expanded its ecosystem through initiatives like the Polkadot Blockchain Academy and high-profile sponsorships, including Inter Miami CF.
about Polkadot Unveils Proof-of-Personhood Identity SystemHoskinson & Wood Urge Blockchain Collaboration Over Rivalry
Charles Hoskinson and Gavin Wood have called for an end to tribal loyalty in blockchain, emphasizing the need for technical collaboration over competition. Wood suggested decoupling tokens from networks or creating a shared ecosystem where tokens retain their identity but remain fungible across platforms. Hoskinson supported the idea, linking it to Cardano’s Midnight, a privacy-focused sidechain promoting open cooperation. Both founders warned that without collaboration, major blockchains like Ethereum, Solana, and Cardano risk becoming permanent rivals rather than interoperable solutions. Hoskinson also proposed integrating Midnight with Brave browser’s privacy tools to enhance crypto rewards.
about Hoskinson & Wood Urge Blockchain Collaboration Over RivalryRussia Plans Exclusive Crypto Exchange for Elite Investors
Russia is preparing to introduce a cryptocurrency exchange exclusively for ‘super-qualified’ investors, requiring a minimum of 100 million rubles in assets or 50 million rubles in annual income. The platform will operate under an ‘experimental legal regime’ to regulate digital asset activity without integrating into the domestic economy. Finance Minister Anton Siluanov emphasized the goal of legalizing crypto operations and closing regulatory gaps. The initiative follows a Central Bank proposal to restrict crypto trading to select investors while banning transactions outside the framework. Although no launch timeline is confirmed, the exchange aims to provide a controlled environment for crypto trading amid Russia’s evolving stance on digital assets.
about Russia Plans Exclusive Crypto Exchange for Elite InvestorsSolana’s DeFi Growth Challenges Ethereum’s Dominance in Cryptocurrency Market
Franklin Templeton highlights that Solana’s decentralized finance (DeFi) surge poses a significant challenge to Ethereum’s dominance in the blockchain space. This emerging competition could reshape the landscape of digital finance, as Solana gains traction among developers and users alike.
about Solana's DeFi Growth Challenges Ethereum's Dominance in Cryptocurrency MarketTop Cryptocurrencies to Watch in 2025 Including Rollblock and Ethereum
In 2025, the cryptocurrency market shows promise despite a rocky start, with Ethereum, Polkadot, Cardano, Avalanche, and the presale of Rollblock (RBLK) highlighted as top investment opportunities. Rollblock, a utility token for an Ethereum-based online casino, has already raised over $10 million in presale, offering weekly payouts to investors. Ethereum is projected to rise significantly, while Polkadot and Cardano are positioned for potential growth as the market recovers.
about Top Cryptocurrencies to Watch in 2025 Including Rollblock and EthereumTop Eight Cryptocurrencies to Transform Your Portfolio by 2025
Investors looking to grow their portfolios significantly by 2025 should consider adding Rexas Finance, Kaspa, The Graph (GRT), Chainlink (LINK), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM), and Aave (AAVE) alongside popular tokens like Solana, XRP, and Dogecoin. Rexas Finance, with its innovative asset tokenization approach, has already raised over $42 million in presale and is expected to see a 25x price increase. Each of these tokens offers unique features and potential for substantial returns, potentially turning a $670 investment into $67,000.
about Top Eight Cryptocurrencies to Transform Your Portfolio by 2025