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SingularityNET and Mind Network bring encryption to AI agents

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SingularityNET has partnered with Mind Network to introduce the ASI Hub, aiming to enhance the security and tamper-proof nature of AI agents. This decentralized solution is designed to address challenges in decentralized AI development, particularly around secure agent identification and provable onchain randomness. The collaboration leverages Mind Network’s fully homomorphic encryption (FHE), enabling computations on encrypted data without decryption, ensuring user data privacy while offering services.

The adoption of FHE is seen as a step toward creating a cryptographically secure framework for AI services that preserves confidentiality. This technology is expected to become essential for decentralized AI systems, allowing privacy and innovation to coexist. Ben Goertzel, CEO of SingularityNET, emphasized that the collaboration advances AI ecosystems by integrating FHE to support secure, free, and efficient synthetic intelligence.

The ASI Hub’s main objective is to provide a privacy-focused infrastructure for decentralized AI development, with provable onchain randomness being a crucial feature. This eliminates manipulation risks, ensuring transparency in AI systems. The growing interest in AI agents, especially those that function autonomously, highlights the importance of privacy in these technologies, a concept supported by the recent involvement of investment firms in AI-powered decentralized finance applications.

Experts believe that FHE could unlock significant capital for the crypto industry, with the potential to become a critical layer for blockchain adoption. Christian Pusateri, CEO of Mind Network, highlighted the need for cryptographically verifiable identities in AI agents, ensuring tamper-proof, on-chain randomness for training and decision-making. The partnership between SingularityNET and Mind Network is seen as a significant step in developing a privacy-first decentralized AI ecosystem.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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