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Daylight, a decentralized physical infrastructure network focused on distributed solar, closed a $75 million funding round on October 16 to expand subscription-based solar coverage across the United States. Meanwhile, AI data centers are putting pressure on existing power grids, with wholesale power prices near data centers rising 267% since 2020, according to Bloomberg.
Tech giants, including Google, Amazon, Meta and Microsoft, are exploring alternative sources of energy, with Amazon signing deals to produce 1,920 megawatts of nuclear power in June.
For investors looking for rapid liquidity and explosive growth, DePIN’s measured approach offers different risk-reward characteristics compared to AI-based tokens. Deep Snitch Artificial Intelligence It runs entirely on-chain without any physical requirements. It’s already selling quickly, and will be ready for rapid expansion once it launches.
The Lost Bitcoin Recovery Act passes the California Legislature
California lawmakers approved legislation on October 16 allowing State to recover lost bitcoin of dormant wallets and criminal seizures instead of immediately auctioning off seized cryptocurrencies.
The 2025 Executive Order mandates that cryptocurrencies confiscated in criminal or civil cases be allocated to strategic reserves rather than sold on the market, which could reinforce the perception of Bitcoin as a viable, state-owned asset. Analysts note that the move may complement ongoing institutional accumulation and ETF inflows, bringing stability to the broader market structure.
There is clearly a shift happening in how governments view cryptocurrencies, from speculative assets requiring immediate liquidation to strategic ownership worth accumulating over the long term. As states and nations build up Bitcoin reserves, the case for the legitimacy of the cryptocurrency is strengthening. However, regulatory patchwork also creates confusion that makes transparent and audited projects more valuable.
Is BlockDAG legitimate in this evolving landscape? With 18 months of pre-sale activity, shifting launch dates, and no proof of fundraising amounts, BlockDAG is raising questions that make California’s new legislation even more urgent.
Is BlockDAG safe? Where to place bets
DeepSnitch AI: Audited security meets AI innovation
DeepSnitch AI addresses information asymmetry by democratizing whale-level monitoring tools. After auditing both Coinsult and SolidProof, DeepSnitch AI provides the security verification that BlockDAG’s legitimacy questions consider essential.
The double-check approach provides transparency missing in projects with 18-month pre-sales durations and variable timelines. DeepSnitch AI is publicly publishing its pre-sale data, with over $429,000 raised at $0.01915 in the second phase. Unlike BlockDAG’s indefinite fundraising, DeepSnitch AI operates on a set schedule.
Features will be rolled out gradually, and early investors will have priority access. The program offers a dynamic APR adjustment based on pool participation, with free withdrawals and no lock-in periods once a claim is opened after a pre-sale. This structure contrasts sharply with BlockDAG’s unclear token issuance mechanisms and the absence of withdrawal functionality during the long pre-sale period.
October’s momentum lifted AI tokens, which jumped above 4% even as Bitcoin fell below $112,000. Deep Snitch Artificial Intelligence It lies at the intersection of blockchain adoption and AI market expansion, providing a benefit that becomes more valuable as markets become more complex. This is a transparent alternative to BlockDAG that investors can trust without hesitation.
Is BlockDAG legit? Concerns are growing after 18 months of pre-sale
Is BlockDAG legit or just another long-term fundraising scheme? The project claims to have raised between $214 million and $420 million, depending on the source, but provides no public on-chain evidence to verify either number.
Cryptocurrency investigator ZachXBT tagged BlockDAG as “Fake projecton social media in August, claiming that the pre-sale had been going on for 1.5 years while “regularly transferring investor funds to various exchange accounts” and marketing “fake numbers to increase retail FOMO.”
The accusations surfaced after that L Bank It announced plans to list BlockDAG’s BDAG token without specifying a timeline, continuing a pattern of vague promises. Trust Pilot Reviews Painting a disturbing picture.
Security assessment company Gridinsoft BlockDAG has a trust score of 30 out of 100, which places it in a “risky zone” and advises extreme caution. The analysis indicated patterns that indicate questionable investment opportunities in cryptocurrencies that may lead to financial losses. Conclusion 99 Bitcoins Although CertiK and Halborn audit BlockDAG’s smart contracts, these audits do not cover the Layer-1 blockchain technology itself, the underlying technology that the project claims is revolutionary.
So, is BlockDAG real or fake?
The roadmap, which expected key features to be completed in the second quarter of 2025, is still months behind schedule. For investors wondering if BlockDAG is legitimate, evidence suggests that extreme caution is warranted before putting capital into a pre-sale with no clear expiration date and mounting red flags.
Solana: ETF decisions could unleash institutional capital
Solana traded at around $186 on October 16, down 4.8% as broader selling pressure hit altcoins. With the Securities and Exchange Commission (SEC) facing final deadlines on 16 cryptocurrencies ETF applications This month, including Solana, XRP, and Litecoin, October could mark a turning point in terms of access to altcoins.
Bloomberg analysts put approval odds above 90% for multiple deposits, and if Solana receives ETF approval, institutional capital could flow directly into SOL, bypassing the friction of existing setups.
The Solana network continues to process transactions with minimal fees, and the growth of Layer 2 on Ethereum has validated the demand for fast and cheap blockchains. Most analysts are targeting $250-$300 by the end of the year, and these numbers depend on ETF approvals. This represents gains of approximately 35% to 60%.
For traders looking for asymmetric bets, Solana offers stability and liquidity, but DeepSnitch AI offers a risk-reward profile that determines cycle making. Solana will likely follow Bitcoin’s direction, while DeepSnitch AI could break away completely if its AI agents prove indispensable when markets turn chaotic again.
Bottom line
ZachXBT’s claims, combined with 18 months of pre-sale activity, shifting launch dates, a 2.5-star Trustpilot rating, and a Gridinsoft Trust Score of 30/100, raise serious concerns about BlockDAG’s legitimacy. While the project has produced a testnet and audit reports, the lack of evidence of on-chain fundraising, tangible deliverables, and withdrawal of functional tokens suggests that investors should be cautious.
DeepSnitch AI, on the other hand, offers a transparent alternative with Coinsult and SolidProof audits, publicly verifiable pre-sale data, and a clear roadmap. Priced at $0.01915 with $429,000 raised and the second phase nearing completion, it combines AI-driven monitoring tools with the security and transparency that BlockDAG critics say the project lacks.
For those wondering if BlockDAG is legitimate, the evidence is troubling. For those looking for legitimate pre-sales opportunities with certified security, DeepSnitch AI provides the enterprise transparency standards they now demand, with plenty of 100x capabilities.
Visit DeepSnitch Artificial Intelligence website For all the details.
Frequently asked questions
Is BlockDAG legit or a scam?
Crypto sleuth ZachXBT has flagged BlockDAG as a “fake project,” citing an 18-month pre-sale with no end date and unverified fundraising claims. Concerns about BlockDAG’s legitimacy include shifting launch dates, a 2.5-star Trustpilot rating, and lack of on-chain proof.
What makes DeepSnitch AI more secure than BlockDAG?
DeepSnitch AI has passed audits from both Coinsult and SolidProof, provides transparent pre-sales data, and is operating on a set timeline that ends no later than January 31, 2026. These factors address BlockDAG’s safety concerns that plague projects with lengthy pre-sales and unclear deliverables.
Can BlockDAG still succeed despite the red flags?
While some users defend the BlockDAG testnet and its partnerships, the real or fake BlockDAG debate hinges on 18 months of unfulfilled promises. DeepSnitch AI offers similar upside potential with greater transparency and security verification.
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