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The Damus app is powered by Nostr which uses decentralized relays to distribute end-to-end encrypted messages. Damus, a so-called “Twitter killer” built on a decentralized network has been approved on the Apple App Store. The Damus team confirmed the approval to its 11,500 Twitter followers on Jan. 31, following what it claims was at least three rejections from the Big Tech player. Shortly after, Twitter co-founder and Nostr contributor Jack Dorsey shared the news with his 6.5 million followers, with the entrepreneur labeling it as a “milestone” moment for open source protocols: a milestone for open protocols...#nostr is now officially on the Apple App Store with @damusapp:https://t.co/GQmvPE5nfX — jack (@jack) January 31, 2023 The app dubs itself the “social network you control” and is a messaging service built on Nostr — a decentralized network enabling encrypted, end-to-end private messaging, among other things. It plans to become a Social Media platform with uncensored cont...

The program aims to provide selected projects with upfront seed funding of $30,000 in addition to mentoring, masterclasses and support from industry experts. Blockchain startup accelerator Cronos Labs has announced the opening of applications for its second cohort of the $100 million-backed Cronos Accelerator Program.  The program, which begins on April 24, 2023, will last for 12 weeks and provide selected projects with upfront seed funding of $30,000. In addition, participants will have the opportunity to secure up to $300,000 in seed funding from Cronos Labs and receive mentoring, masterclasses and support from industry experts. The program is focused on the decentralized finance (DeFi), GameFi, SocialFi, and Infrastructure verticals and will accept applications until March 24, 2023. The selection of projects for the second cohort of the Accelerator Program will be based on various factors, including their market potential, the leadership team's expertise, market compatibilit...

BTC price downside volatility sees $46 million of long Bitcoin positions evaporate in a single day prior to the monthly close. Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46 million of longs liquidated Data from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight. A rebound saw the pair flip $23,000 to short-term resistance, and was still trading below that level at the time of writing. The stakes remained high for traders both long and short with the monthly close just hours away. This was to be followed by interest rate decisions from the United States Federal Reserve on Feb. 1, along with the European Central Bank (ECB) a day later. With volatility likely lying in wait, liquidations mounted despite Bitcoin maintaining a fairly narrow trading range. The trip to $22,500 spar...

Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s session. Bitcoin Bitcoin (BTC) remained near a five-month high on Monday, following a strong rally towards $24,000 over the weekend. Following a high of $23,919.89 on Sunday, BTC/USD fell to a low of $23,166.83 to start the week. Sunday’s surge saw BTC bulls push prices to their strongest point since August 26, however these same traders have already begun to retreat. BTC/USD – Daily Chart Looking at the chart, the decline commenced following a failed breakout of a ceiling at 85.00 on the 14-day relative strength index (RSI). As of writing, the index is now tracking at 72.19, with a floor at 65.00 the only current visible target for bears. Should this zone be hit, it is hig...

The Artificial Intelligence platform ChatGPT , which is based in Texas, became well-known for its capacity to provide concise and accurate answers to questions. People have been taken aback by the AI ’s capacity to build sentences out of facts, and this particular application stands out from the rest. ChatGPT, the large language model developed by OpenAI, has reached a major milestone, surpassing 1 million users. This achievement is a testament to the increasing popularity of conversational AI and the role it is playing in revolutionizing the way people communicate. Total time it took to reach 1 million users Netflix: 3.5 years Twitter: 2 years Facebook: 10 months Spotify: 5 months Instagram: 2.5 months ChatGPT : 5 days — Watcher.Guru (@WatcherGuru) January 29, 2023 ChatGPT reached 1 million users in five days The growth of the user base of ChatGPT is definitely notable as opposed to other industry giants, including Netflix, Twitter, Facebook, and Insta...

Join Our Telegram channel to stay up to date on breaking news coverage Holo (HOT), the crypto token that powers the non-blockchain-based peer-to-peer decentralized application hosting platform Holochain, has been on fire on Friday. The cryptocurrency was last trading about 5% higher near $0.0022, having jumped as much as 16% earlier in the session, with monthly gains now standing around 57%. The spike in HOT, which saw Holo hit its highest level since August earlier in the day, was triggered by excitement that Holochain’s team have finally launched a beta version of the platform, “our first major leap in Holochain development of 2023”. Get ready for a game-changer! Holochain Beta is out—the next step of our Holochain Beta release sequence, and our first major leap in Holochain development of 2023. Let’s walk through what this means. https://t.co/joLbqsXFq4 — Holochain (@holochain) January 26, 2023 “You know those things you’ve wished #Web3 could do, but it...