The decentralized telecommunication project uses unmanned aerial drones in the stratosphere to provide wireless services to users. World Mobile is launching a blockchain-enabled 5G network using drones to beam connectivity directly to users worldwide. The company partnered with Indonesian telecom firm Protelindo to create World Mobile Stratospheric, an initiative designed to bridge gaps left by traditional communication infrastructure worldwide. The project uses hydrogen-powered drones, flying at 60,000 feet in the stratosphere, to provide wireless coverage of up to 15,000 square kilometers per aircraft using 450 guidable beams, Charles Barnett, the chief business officer of World Mobile Group, told Cointelegraph. This aerial network outperforms satellite-based telecommunications, with “6ms of total latency,” allowing it to provide service “up to 18 times cheaper” per gigabyte than space-based infrastructure, Barnett said. Read more
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months. Key takeaways: Ethereum is breaking out across multiple bullish setups on the price chart. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year. Read more
As AI rapidly replaces white-collar jobs, the future economy will belong to those owning AI agents rather than renting access from Big Tech. Opinion by: Syed Hussain, founder and CEO of SHIZA Against geopolitical and macroeconomic flux, the traditional labor economy is eroding faster than policymakers, educators or even technologists will admit. With AI systems now outperforming most humans at tasks once considered safe — writing software, generating marketing content, analyzing data and even providing strategic advice — the core assumption that time and skills can be reliably traded for money is being dismantled in real time. We’re witnessing the breakdown of an entire economic model based on labor as the primary mechanism for value creation. Read more
Bitcoin traders are getting excited over a huge short squeeze as BTC price predictions include a return to all-time highs. Key points: Bitcoin tags new August highs as traders see BTC shorts getting punished. An early retracement could well turn into a trip to $120,000, predictions say. Read more