zkevm

Prom (PROM) is suddenly getting a lot more attention across the crypto market, with its price around $7.38 and 24-hour trading volume reaching roughly $167–175 million.
$PROM
What makes the move interesting is that PROM is not a new token. Prometeus has been around since 2019, but recent market activity has brought it back into the spotlight.
PROM’s market cap is currently around $134.7 million, with about 18.25 million tokens circulating out of a maximum supply of 19.25 million. That means roughly 94.8% of the maximum supply is already circulating, reducing the risk of major future supply unlock pressure compared with many low-float tokens.
The biggest catalyst appears to be the recent Upbit listing in August, which was followed by a major increase in trading activity and price momentum.
$PROM
Binance traders can access PROM through the PROM/USDT spot pair, while PROMUSDT perpetual futures are also available. Other major exchanges, including Upbit, Bithumb, Gate, KuCoin and MEXC, are also seeing activity.
But there’s an important detail here: PROM is still a relatively small-cap, high-volatility altcoin. When volume suddenly explodes, price can move extremely fast in both directions. Large orders can also face slippage if market liquidity becomes thinner.
So, what exactly is PROM?
The project originally launched as Prometeus Network, focused on decentralized data exchange. It later evolved into Prom, with a focus on a ZK-EVM Layer 2 built using Polygon CDK, alongside GameFi, NFTs, rentals and lending. The PROM token is used for things such as gas fees, governance and platform services.
PROM is still far below its previous all-time high of $106.12, recorded in April 2021. That may attract traders looking for recovery stories — but being far below an ATH does not automatically mean a token is undervalued.
Right now, the real story is momentum.
High volume + a sharp price move + fresh exchange-driven attention = a token worth watching closely.
$PROM
But remember: momentum can disappear just as quickly as it arrives. Always check the live PROM/USDT chart and order book before making any decision, and do your own research.
Not financial advice. Only risk money you can afford to lose.
#PROM #Prom #Prometeus #Crypto #Binance #Altcoins #CryptoTrading #CryptoMarket #Web3 #GameFi #zkEVM #Bitcoin #Ethereum #DYOR

#zkevm Fidelity resubmits application for Bitcoin ETF 'Wise Origin Bitcoin Trust' to SEC, addressing regulatory concerns.
Fidelity Inve­stments, a leading ETF issuer with $37 billion in 58 ETFs, has resubmitte­d its application to the U.S. Securities and Exchange­ Commission (SEC) for its Bitcoin spot ETF “Wise Origin Bitcoin Trust”. The re­vised proposal aims to address the conce­rns previously raised by the re­gulator when rejecting the­ update for the Bitcoin ETF.
Fidelity’s Bitcoin ETF Update
The update­ on the Bitcoin ETF would enable inve­stors to easily buy and sell shares of a fund that mirrors the­ price of Bitcoin. They wouldn’t nee­d to possess or protect the cryptocurre­ncy themselves. This conve­nient solution offers institutional investors a safe­r means to engage with the­ booming yet volatile crypto market.
Fide­lity’s decision underscores the­ir belief in the long-term sustainability and expansion of digital assets. Additionally, it responds to the­ growing demand from clients see­king diverse and innovative inve­stment options.
Abigail Johnson, CEO of Fidelity Investme­nts, has been an outspoken advocate­ for integrating cryptocurrencies into traditional finance­. She aims to enhance acce­ssibility for investors by making digitally native assets like­ Bitcoin more readily available.
A Challenge for SEC
The Se­curities and Exchange Commission has bee­n reluctant to approve any Bitcoin exchange-trade­d funds due to concerns surrounding market manipulation, fraud, custody, and inve­stor protection. Multiple applications from firms like VanEck and Valkyrie­ have faced reje­ction or delayed decisions.
Howe­ver, Fidelity’s Bitcoin ETF proposal holds potential for SEC approval as it boasts a strong re­putation and ample resources. The­ updated proposal addresses the­ SEC’s concerns by offering enhance­d transparency, liquidity, and security for the Bitcoin ETF.
Fidelity’s Bitcoin ETF Update Impact
The crypto community eage­rly anticipates the outcome­ of Fidelity’s Bitcoin ETF update. Its approval could potentially bring in institutional inve­stors and drive mainstream adoption, resulting in incre­ased demand and prices for #bitcoin and othe­r cryptocurrencies.
Converse­ly, if rejected, it may stifle the enthusiasm of crypto investors, leading to a decline in market se­ntiment and value. The update­ is expected to fue­l a clash between the­ SEC and the #crypto industry as they debate­ the future of digital asset inve­stment.
The marke­t is recovering from the­ fake news of BlackRock’s iShares Spot #BTC ETF approval on 16 Oct. This event resulted in over $1 billion in total ope­n interest being wipe­d out, with approximately $80 million in short positions liquidated and around $18 million in longs.#bnbgreenfield

#zkevm XTZ might witness price rally in coming days
Crypto wallet provider Ledger brings to the attention of Tezos (XTZ) holders and users an issue they might face when interacting with Ledger Live, a one-stop shop to buy #crypto , hold assets and manage NFTs.
According to a tweet, Ledger Live is experiencing issues with the Tezos blockchain. This causes some features to not function properly.
📢Hey Tezos users!
Ledger Live is experiencing issues with the @tezos blockchain 🚧
Undelegating XTZ will not get broadcasted and your transaction will be dropped. We're working on a fix 🛠️
In the meantime, you can safely use @Galleon with your Ledger to end your delegation
In this regard, Ledger says that undelegating XTZ might not get broadcasted and transactions subsequently dropped. It says it is currently working on a fix.
In the meantime, users can safely use Galleon with their Ledger accounts to end their XTZ delegation. Galleon is a Tezos blockchain #cryptocurrency wallet with extensive support for Tezos-specific functions.
Tezos is a blockchain network that employs a form of proof-of-stake consensus known as liquid proof-of-stake. This means that network validators, known as "bakers" in Tezos, play an important role in network governance by voting on protocol changes or updates.
XTZ price action
Tezos (XTZ) was down 3.39% in the last 24 hours to $0.625 at the time of writing. XTZ has been declining for the majority of October, except for two days when it saw a significant increase.
On Oct. 10, XTZ experienced a strong surge to highs of $0.735. On Oct. 16, it had a similar surge, though only to highs of $0.68.
XTZ plummeted to lows not seen since August in today's session, reaching $0.62. However, if a double-bottom formation validates at this level, XTZ could witness a price rally in the coming days.
In this scenario, bulls may aim for $0.67 in an attempt to turn the daily MA 50 into support. If the surge continues, Tezos may aim for $0.738 next.
On the other hand, if bears seize control and bring the $XTZ price below its present level, the $0.5 level may be the next target. #bnbgreenfield #etf

#zkevm Elon Musk's X tests a new subscription model for bot-free social media, while users speculate on strategy & potential impact on the industry.
In a recent development, the Elon Musk-owned social media platform, announced to start of testing a new subscription program called ‘Not A Bot’. This program requires new users in New Zealand and the Philippines to pay a $1 annual fee to post content and interact with other users. While it aims to combat spam and bot activity, the move signals a shift from the traditional model of free social media access.
Notably, the introduction of this new subscription model has also sparked speculations among many of its users.
X Introduces Subscription Model For New Users
X, Elon Musk’s social media venture, has introduced a groundbreaking subscription model, ‘Not A Bot,’ which imposes a $1 annual fee on new users in New Zealand and the Philippines. Notably, the existing users will remain unaffected, while the new policy aims to curb spam and bot activity, a challenge faced by many social media platforms.
Meanwhile, X clarified that the introduction of the subscription model is not primarily profit-driven but aims to maintain a balance between accessibility for genuine users and curbing unwanted activities on the platform. Considering that, the experts believe that this move highlights the ongoing challenge of distinguishing between authentic users and automated or spam accounts on social media platforms.
However, the company stated that this subscription test may expand to other countries in the future, potentially involving existing users as well. While new users who opt not to subscribe will retain the ability to view, read, watch, and follow accounts, this initiative marks a shift in the landscape of social media accessibility.
Is X Imposing The Subscription Model To Cover Its Losses?
While X said that the move is not focused on driving profit, some users have argued, given the earlier statements from the company. Meanwhile, Linda Yaccarino, X’s CEO, disclosed that the platform lost 11.6% of daily active users since Musk’s takeover, plummeting from 254.5 million to 225 million, according to reports.
In addition, the company also experienced a 3.7% year-on-year decline, shedding almost 15 million users. However, X aims to turn profitable by 2024, boasting a return of 90% of the top 100 advertisers over the past 12 weeks.
Concurrently, X has suffered a significant ad revenue drop, losing at least 55% year-on-year last month. In December 2022, U.S. ad revenue saw a staggering 78% decline, indicating challenges in retaining advertisers amid Musk’s transformative changes.
So, considering that some users have argued that the recent development marks a key strategic move by Elon Musk and X’s new CEO to curb some of their losses. However, many have also lauded the announcement, saying that $1 is an affordable rate if it can eliminate the concerns over bot and spam accounts from the platform.
But the news has also created speculations among consumers, even for users who are active on other social media platforms.
Notably, in a world where social media has largely been free, X’s new subscription model could pave the way for other platforms to explore similar approaches. So, it raises questions about the future of accessible and secure social media interactions and how users perceive the value of their online presence in an evolving digital landscape.#bnbgreenfield #sui #axs #etf

#zkevm OpenAI advances AI image authenticity detection while hinting at GPT-5 development and remaining open to further innovations.
In recent years, global consumers have shown significant interest in the artificial intelligence (AI) industry, witnessing various developments and advancements within the sector. Meanwhile, a leading player in the industry, OpenAI has caught eyes of the investors with its CTO, Mira Murati announcing significant developments about the platform.
Meanwhile, OpenAI is making significant strides in AI content detection. Notably, the company’s CTO, Mira Murati, announced a groundbreaking tool with 99% reliability in determining if an image was created using artificial intelligence.
This advancement marks a significant step in the ongoing battle against manipulated and fabricated content generated by AI. The tool is currently undergoing internal testing, and OpenAI plans for a public release shortly, according to a report by Bloomberg.
OpenAI To Detect AI-Generated Images
OpenAI, the organization behind popular AI models like ChatGPT and DALL-E, is at the forefront of developing a highly accurate tool for detecting AI-generated images. According to Mira Murati, this tool has achieved a remarkable 99% reliability rate.
Meanwhile, the software is currently undergoing internal testing and is poised for a public release, although a specific timeline has not been provided.
The emergence of AI technology has brought about a pressing need for reliable detection tools, as AI can be exploited to manipulate and produce fabricated content. So, detecting the authenticity of such content is paramount in maintaining trust and credibility in the digital age.
However, there are some image detection tools already in existence. But they often lack precision, making OpenAI’s 99% accuracy achievement a noteworthy development in the fight against AI-generated misinformation.
Is GPT-5 on the Horizon?
Bloomberg said that OpenAI also dropped hints about its future AI models. Although the organization hasn’t officially revealed the successor to GPT-4, they have applied for a “GPT-5” trademark with the US Patent and Trademark Office. The potential introduction of GPT-5 demonstrates OpenAI’s continuous commitment to advancing AI capabilities.
Meanwhile, AI models, including ChatGPT, have faced issues related to hallucination, where they generate false or fictional information. While GPT-4 has made substantial progress in addressing this problem, Mira Murati mentioned that OpenAI is still working towards a comprehensive solution.
Notably, the development of GPT-5 is expected to further refine AI models, potentially reducing instances of hallucination.
Meanwhile, in other developments, OpenAI’s CEO, Sam Altman, touched on the possibility of the organization designing and manufacturing its own computer chips for AI model training and operations. While he acknowledged that the default approach is not to create custom hardware and instead use existing solutions like those from Nvidia, he didn’t rule out the possibility.
Meanwhile, the latest hints from Sam Altman also suggest OpenAI’s openness to innovation and adaptability in its quest to advance AI technology.#bnbgreenfield #sui #axs #etf