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Cryptocurrency News Articles

Sui Reveals a Partnership With Google Cloud to Improve Data Access

Oct 25, 2024 at 02:00 am

Sui, a Layer 1 blockchain platform, has established a strategic partnership with Google Cloud, mediated by ZettaBlock. This collaboration enables developers to access real-time blockchain data using Google Cloud’s Pub/Sub service, opening up new possibilities for innovative applications.

Sui Reveals a Partnership With Google Cloud to Improve Data Access

Cryptocurrency prices today: Bitcoin stalls at $67K as SUI, XRP await BTC recovery

Cryptocurrency prices remained largely unchanged on October 22, with Bitcoin stalling at the $67,000 mark. This price movement impacted other cryptocurrencies, including Sui (SUI) and XRP, with both tokens awaiting a recovery in BTC to maintain their positions.

At the time of writing, BTC was trading at $67,133, down 0.04% over the past 24 hours. However, the apex coin was up by 1.14% over the past seven days. This price stalled as BTC recovered from a peak of over $70,000, putting pressure on other cryptocurrencies.

At present, SUI appears to be holding at its support level. However, all eyes are on Bitcoin, which must remain above $66,000 for cryptocurrencies like SUI to maintain their positions. If BTC recovers to $70,000, cryptocurrencies like SUI could see a price rebound.

Sui announces partnership with Google Cloud to enhance data accessibility

Sui, a Layer 1 blockchain platform, has announced a strategic partnership with Google Cloud, facilitated by ZettaBlock. This collaboration will enable developers to access real-time blockchain data via Google Cloud’s Pub/Sub service.

The integration aims to enhance security, scalability, and user experience for decentralized applications (dApps), with a particular focus on AI and blockchain. Vertex AI has been integrated with Move, a programming language developed by Mysten Labs for Sui that allows Web3 developers to debug code more quickly.

This AI-powered technology also assists in code generation, streamlining the development process. Furthermore, Sui creator Mysten Labs has integrated AI into its ecosystem by developing an AI-powered code auditing tool.

This tool, powered by Google Cloud’s AI capabilities, detects security vulnerabilities in popular programming languages like Rust, Move, Typescript, and Solidity. It enhances the security of dApps and blockchain applications by enabling developers to quickly identify and resolve vulnerabilities.

Ripple-SEC case: Final deadline for Ripple to submit Form C is October 24

In its ongoing legal battle with the SEC, Ripple has taken a significant step as the final deadline approaches. Among the co-founders of Ripple, Chris Larsen filed an important document with the court.

This submission follows a procedural notice issued by the United States Second Circuit Court of Appeals to Ripple. On October 22, the US Second Circuit Court of Appeals reminded Ripple that it needed to submit Form C as part of its cross-appeal against the SEC.

Chris Larsen swiftly responded to the court order by filing a “Notice of Appearance.” This move is designed to expedite the process as the October 24 deadline approaches.

By October 24, Ripple must submit Form C for its cross-appeal against the SEC. If the form is not submitted on time, Ripple may lose the opportunity to present an oral argument.

XRP price analysis by leading analyst points to future price targets

Leading analyst Dark Defender has provided insights into the XRP price trend, highlighting key levels and potential targets. The data suggests a bullish outlook for the digital asset despite periods of consolidation.

On Tuesday, October 22, the XRP price decreased by 2.24%, continuing a decline from the previous day. As the SEC prepares to file its opening brief, investor sentiment remained cautious.

While investors await the SEC’s opening brief, the XRP price may remain below the pivotal $0.55 mark. If the SEC presents strong evidence to overturn the Programmatic Sales ruling, the XRP price could drop below $0.50.

On the other hand, if the SEC withdraws its appeal or the appellate court declines to hear testimony due to late filings, the XRP price may reverse the July 2023 rally.

Don't Miss: DTX coin price set to soar with less funding and no central authority

Several analysts have named DTX Exchange (DTX) as one of the best projects for 2024, with less funding and no central authority. Since the addition of the staking mechanism, there has been a noticeable surge in demand for DTX Exchange.

DTX Exchange is a major player in the decentralized finance (DeFi) space, catering to both traditional and cryptocurrency traders. It combines the features of a centralized and decentralized exchange, being built on the VulcanX blockchain.

In its fourth stage of presale, the hybrid platform has managed to raise over $5.5 million. Currently, the DTX coin is priced at $0.08. As the token is set to surge to $0.10 in the next round,ксперts are calling this a steal.

Learn more:Buy PresaleVisit the DTX WebsiteJoin the DTX Community

Original source:coinchapter

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