‍Blockchain Jungle 2025 Returns to Costa Rica, Powered by REDFi The largest crypto and blockchain conference in Latin America, Blockchain Jungle 2025, will be held in San José, Costa Rica on November 8-9. Presented by payment platform REDFi, the event expects over 6,000 attendees from 50+ countries. REDFi, a platform for borderless finance, allows users to open USD accounts and manage fiat and digital assets without U.S. residency. CEO Soren Azorian stated REDFi's mission aligns with Blockchain Jungle's vision of democratizing technology in Latin America. The summit will feature over 200 speakers, including Bitcoin pioneers Peter Todd and Phil Zimmermann. It will also host a Crypto Startup Showcase with over $1M in prizes and specialized programming on DeFi and Web3, alongside discussions on regulatory clarity and hackathons.
‍VULT Token to List on Kraken October 28, Enhancing Secure Self-Custody The $VULT token, native to the Vultisig ecosystem, will be listed on Kraken on October 28, 2025. This move aims to expand access to Vultisig's Multi-Party Computation (MPC) self-custody wallet and its utility token. The $VULT token offers reduced trading fees, premium wallet features, and governance participation. Kraken users can also anticipate a future $VULT airdrop. Vultisig's MPC wallet prioritizes security by eliminating single points of failure and preventing private key exposure. This innovative solution is designed for both individual and institutional investors, bringing enterprise-grade security to digital asset management.
‍AWS Outage Exposes Web3's Centralization Weakness A recent AWS outage, affecting numerous crypto and fintech platforms, has reignited debates on Web3 decentralization. While blockchains remained operational, user access to wallets, exchanges, and dApps was disrupted due to reliance on centralized cloud infrastructure. Experts highlight the deep dependence on hyperscalers like AWS, Google Cloud, and Azure, with an estimated 70% of Ethereum nodes hosted by these providers. This creates significant concentration risk. The incident is seen as a call to action for investment in decentralized cloud, storage, and compute networks, advocating for hybrid models to enhance resilience and fault tolerance in the digital asset ecosystem.
‍Bitcoin Targets $123K as Fed Rate Cut Odds Exceed 98% Bitcoin (BTC) is approaching new highs, trading above $112,000. This surge is supported by technical indicators and strong expectations of a US Federal Reserve interest rate cut. Traders anticipate a bullish continuation towards $123,000 if BTC breaks past the $113,000 resistance level. This macro sentiment is amplified by the nearly certain 0.25% rate cut by the Fed on October 29, with CME Group's FedWatch Tool showing over 98% probability. Such monetary easing historically encourages investment in risk assets like Bitcoin.