Halo Platform(HALO)

The company claims a cast of employees whose collective entertainment industry resume contains titles such as Halo, Call of Duty, and Westworld.

The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.

Dymension, the startup building out an interconnected network of modular blockchains called RollApps, will launch its incentivized testnet by the end of this month, enabling developers to interact with its IBC-compatible rollups for the first time and start building more scalable dApps. Using the testnet, developers will be able to deploy RollApps easily using Dymension’s command line tool Roller. The startup said the deployment of its testnet was made possible by a collaboration with the data-focused networks Avail and Celestia, and enables builders to create their first RollApps using customizable virtual machines including the Ethereum Virtual Machine. Dymension is all about bringing scalability to the Web3 world through the use of application-specific rollups, which are based on the same scaling technology that’s used by so-called Layer-2 networks like Polygon, Avalanche, Fuel and Boba Network. What’s different about Dymension’s RollApps is that they’re the only one of their kind that provide full compatibility with IBC and the Cosmos ecosystem out of the box. They’re also data-agnostic thanks to their ability to connect to any data availability network. Although Dymension is competing in a very competitive niche, the potential of its technology is widely regarded. Earlier this year, the startup was able to raise $6.7 million in a funding round led by Big Brain Holdings and Stratos, with participation from DraftKings’ Shalom Meckenzie and DAO matchbox. Dymension has ambitions to accelerate Web3’s growth by helping developers to shift away from Ethereum and its scaling constraints. Dymension’s incentivized testnet follows the successful implementation of its devnet in June, where more than 500 RollApps were deployed by early adopters. Each of those RollApps is connected to the Dymension Hub to provide a secure and reliable bridge to the IBC ecosystem. With RollApps, the task of achieving consensus is delegated to Dymension Hub, paving the way for highly secure and super-fast blockchains with a sub 0.2 seconds transaction finality. The Dymension Hub handles all aspects of interoperability, vastly simplifying the process of interacting with RollApps to enable more cost-effective and scalable dApps. Its biggest impact comes in terms of reducing the infrastructure costs associated with the deployment of dApps, Dymension said. Following the success of the devnet, Dymension says it’s confident that it can attract even more interest in its RollApps from the wider Cosmos and Ethereum ecosystems due to its unique status as the only rollup provider that offers IBC as a bridge. When the testnet launches, users will be able to interact with RollApps through the Dymension Portal, which is its primary web interface. From the portal, users can view various ecosystem statistics and bridge over IBC using the MetaMask wallet. Dymension said all RollApps deployed on the testnet will publish their data to Avail and Celestia, with Cosmos and Ethereum to be added in a future update. In addition, Dymension supports a choice of VMs, including EVM, CosmWasm and others. This overcomes another key limitation for developers, who have traditionally always had no choice but to use the standard VM of the ecosystem they’re building in. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Dymension, the startup building out an interconnected network of modular blockchains called RollApps, will launch its incentivized testnet by the end of this month, enabling developers to interact with its IBC-compatible rollups for the first time and start building more scalable dApps. Using the testnet, developers will be able to deploy RollApps easily using Dymension’s command line tool Roller. The startup said the deployment of its testnet was made possible by a collaboration with the data-focused networks Avail and Celestia, and enables builders to create their first RollApps using customizable virtual machines including the Ethereum Virtual Machine. Dymension is all about bringing scalability to the Web3 world through the use of application-specific rollups, which are based on the same scaling technology that’s used by so-called Layer-2 networks like Polygon, Avalanche, Fuel and Boba Network. What’s different about Dymension’s RollApps is that they’re the only one of their kind that provide full compatibility with IBC and the Cosmos ecosystem out of the box. They’re also data-agnostic thanks to their ability to connect to any data availability network. Although Dymension is competing in a very competitive niche, the potential of its technology is widely regarded. Earlier this year, the startup was able to raise $6.7 million in a funding round led by Big Brain Holdings and Stratos, with participation from DraftKings’ Shalom Meckenzie and DAO matchbox. Dymension has ambitions to accelerate Web3’s growth by helping developers to shift away from Ethereum and its scaling constraints. Dymension’s incentivized testnet follows the successful implementation of its devnet in June, where more than 500 RollApps were deployed by early adopters. Each of those RollApps is connected to the Dymension Hub to provide a secure and reliable bridge to the IBC ecosystem. With RollApps, the task of achieving consensus is delegated to Dymension Hub, paving the way for highly secure and super-fast blockchains with a sub 0.2 seconds transaction finality. The Dymension Hub handles all aspects of interoperability, vastly simplifying the process of interacting with RollApps to enable more cost-effective and scalable dApps. Its biggest impact comes in terms of reducing the infrastructure costs associated with the deployment of dApps, Dymension said. Following the success of the devnet, Dymension says it’s confident that it can attract even more interest in its RollApps from the wider Cosmos and Ethereum ecosystems due to its unique status as the only rollup provider that offers IBC as a bridge. When the testnet launches, users will be able to interact with RollApps through the Dymension Portal, which is its primary web interface. From the portal, users can view various ecosystem statistics and bridge over IBC using the MetaMask wallet. Dymension said all RollApps deployed on the testnet will publish their data to Avail and Celestia, with Cosmos and Ethereum to be added in a future update. In addition, Dymension supports a choice of VMs, including EVM, CosmWasm and others. This overcomes another key limitation for developers, who have traditionally always had no choice but to use the standard VM of the ecosystem they’re building in. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Chalom sees the "highly regulated space" as a hurdle for institutional investors to join DeFi's ecosystem en masse.

The UK Treasury Committee released a report compelling the government to regulate retail crypto trading not as financial assets but as gambling instruments. The House of Commons Treasury Committee published a report earlier today in which they want crypto trading and related investments assets to be held to the same standards as gambling. The 28-page report compiled by lawmakers from various parties argues that unbacked, mainstream crypto assets such as Ethereum (ETH) and Bitcoin (BTC) should be regulated like gambling instruments. Lawmakers have argued that fraudsters and money launderers’ potential use of crypto threatens consumers and economic stability. To that end, lawmakers have urged the UK government not to regard crypto trading as a financial instrument. The Committee further opined that the volatility associated with crypto trading is akin to sports betting rather than investing. Harriet Baldwin, member of Parliament and Chair of the Treasury Committee, said: With no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like bitcoin more closely resembles gambling than a financial service, and should be regulated as such. The Committee further warned that regulating consumer crypto trading as a financial instrument will create a ‘halo effect’, making consumers think it is safe. According to a summary of the report: The Committee is also concerned that regulating consumer crypto trading as a financial service – as proposed by the Government – will create a ‘halo’ effect, leading consumers to believe this activity is safe and protected, when it is not. However, the report acknowledges that blockchain technology, which underlies crypto, may be helpful to the UK’s financial sector. Lawmakers Scramble to Regulate the Crypto Industry The Committee’s report comes against the backdrop of the catastrophic events of 2022. A string of bankruptcies and liquidations cost investors billions, sent the overall crypto market spiralling, and highlighted the need for industry regulation. The United States has made little progress in improving its industry oversight, while the UK has taken steps to introduce a regulatory framework. Recognising the dire need for industry oversight, the European Union (EU) has introduced its Markets in Crypto Asset (MiCA) regulation which aims to give clarity and transparency to the industry. On Tuesday, the Economic and Financial Affairs Council of the EU unanimously voted to adopt laws and directives relating to the legislation, inching MiCA ever so close to taking effect in 2024. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Austin, United States, April 26th, 2023, ChainwireSpace and Time, a leader in decentralized data, today announces the beta release of its data warehouse and developer suite. Space and Time allows developers to leverage provable computation against on-chain and off-chain data to power dapps, smart contracts and verifiable AI models. As AI becomes increasingly integrated in modern business applications and processes, the Space and Time data warehouse aims to ensure that AI models are trained on accurate, verifiable, tamperproof data. To participate in the Space and Time beta, sign up through this link: https://www.spaceandtime.io/access-betaSpace and Time is a decentralized hybrid (HTAP) data warehouse that powers low-latency transactional queries and scalable analytics in a single cluster. Space and Time has developed a novel zero-knowledge proof called Proof of SQL, which cryptographically proves that query computation was done accurately and that both the query and the data are verifiably tamperproof.Space and Time comes pre-loaded with blockchain data indexed from major chains, decoded and provided for free. The data warehouse also includes pre-built APIs for SQL operations, blockchain data, Kafka streaming and security, as well as a Tamperproof Python service for easily extracting, transforming and loading data or running complex computations.“We are thrilled to open the Space and Time data warehouse and suite of data services to developers everywhere,” said Nate Holiday, CEO and Co-founder of Space and Time. “Space and Time is enabling a new era of data verifiability. As smart contracts and AI are increasingly integrated into business processes, Space and Time aims to ensure that they’re connected to and trained on verifiable data and computation.”Space and Time’s dapp, a next-generation data frontend, provides a user-friendly interface for interacting with on-chain and off-chain data. OpenAI enabled, the dapp allows developers to easily generate SQL queries, Python scripts, streams, oracle jobs, smart contracts, dashboards, and more from simple natural-language inputs.OpenAI, a Microsoft-backed AI research and deployment company, is already making waves beyond the tech industry. Earlier this year, management consulting firm Bain & Company announced a services alliance with OpenAI to offer AI capabilities to its global clients, including Coca-Cola.“AI is shaping the future of business operations in an unprecedented way,” said John Kanan, Senior Partner at Bain & Company. “As we move further into the age of AI, enterprises need to develop a focused strategy for leveraging its benefits. The assurance that AI is being trained on verifiable data and computation should instill confidence in enterprises seeking to incorporate it into critical business processes.”Space and Time is showcasing its newly launched data warehouse at this year’s Consensus conference in a live demo with Shrapnel, the highly anticipated blockchain-enabled AAA first-person shooter game. Attendees of the conference will be able to play the Shrapnel prototype as Space and Time generates live analytic insights around gameplay.“Web3 analytics are going to be critical to the success of blockchain games and Space and Time has the best service available.” said Mark Long, CEO of Shrapnel. “Just like any Web2 free-to-play game, realtime analytics are how you improve the player experience. You need lightning-fast execution of data from on-chain transactions to in-game activity to leaderboards and more. And players want to know that all the data is accurate and verifiable. Space and Time is just the perfect complement to Shrapnel’s own blockchain and live-ops tech.”Space and Time’s ability to join tamperproof on-chain and off-chain data and connect the results back to smart contracts enables new, robust possibilities for blockchain gaming. Space and Time can relay information to and from a game’s servers and its smart contract in real time, to improve the game’s recommendation engines and match-making, help players understand what NFTs, weapons, and upgrades they should be buying, and facilitate more complex earning schemes on-chain.Space and Time Product Day, presented by HashKey Capital, is an exclusive event showcasing the latest cutting-edge technology in data warehousing and Web3. Product Day, which takes place on Wednesday, April 26 during the Consensus conference, will be followed by an open Space and Time Ecosystem Night presented by Chainlink.About Space and TimeSpace and Time is the first Web3-native decentralized data warehouse that joins tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a novel cryptography called Proof of SQL℠ that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI.For more information, visit: Website | Twitter | Discord | Telegram | LinkedIn | YouTubeAbout ShrapnelShrapnel is the world’s first blockchain-enabled AAA first-person shooter game. Designed to reward and empower players and creators, the game is being developed by a BAFTA and Emmy award-winning team of game industry veterans with unmatched experience in transmedia, virtual production, gaming-as-a-service, and blockchain production. Spun-out from HBO Interactive, the acclaimed team have enjoyed past successes with some of the world’s leading game companies including Xbox, Electronic Arts, HBO, LucasFilm, Irrational, and Zombie Ent, working on titles such as Halo, Call of Duty, Star Wars, and many more.For more information, visit: http://www.shrapnel.comContactSpencer [email protected]

The newly branded Halo Wallet seeks to broaden its efforts from Web3 to social finance, also known as SocialFi.