SuperFarm(SUPER)

The crypto market has reshaped the financial landscape globally at an astonishing pace. We can see this in the amounts of capital being staked in various blockchain networks, with billions of dollars fueling the evolution of the digital realm. Ethereum (ETH) hit a new milestone and drew the attention of many users by offering them […]

IC1101 is committed to providing a more immersive, fun, and autonomous experience than the current metaverse. IC1101, named after its astronomical designation, shines with infinite, mysterious light in the vast universe. As one of the largest known galaxies in the universe, IC1101 represents a huge, mysterious, and spectacular existence. It undoubtedly contains endless wonders and unknowns waiting for human exploration. IC1101 is a mysterious galaxy, a new metaverse project name, and a super immersive multi-dimensional universe platform dedicated to providing a more immersive, fun, and autonomous experience than the current metaverse. Participants will be able to explore the mysterious qualities of IC1101 and discover endless possibilities within it. Current metaverse projects often have limitations in terms of graphics, immersion, and participant decision-making power. IC1101 aims to solve these limitations and take the realism, participation, and activity of the metaverse world to a new level. So, can it stand out in fierce competition and become a dark horse? Let us embark on the journey of IC1101 together, explore this mysterious galaxy, and find the answers. When Adventure Meets Creativity In the world of the metaverse, a fascinating worldview is particularly important: it not only determines the style of the project and the immersion of the players, but also opens up more imagination space for storytelling. As a galaxy full of wonders and fantasies, IC1101 has a unique and captivating worldview, bringing unprecedented experiences to participants. The worldview of IC1101 is based on diversity and freedom. Eight major races converge in this galaxy, each with unique appearances and abilities. From appearance to cultural customs, from ideological concepts to social structures, the differences between races in IC1101 are rich and inclusive. In this galaxy, players will be able to explore the blending and mutual influence of diverse cultures, and feel the interaction and cooperation between different races. IC1101 also provides players with great freedom and creativity. Players can choose their own role identity, create unique appearance and personality traits, and participate in various exciting activities and scenarios, such as driving spaceships to explore unknown planets in the galaxy, discovering hidden cosmic secrets; They can also join teams, collaborate to solve complex puzzles and tasks, and experience the fruits of cooperation and unity. At the same time, players can also trade in the economic market of IC1101, buying and selling various precious resources and items, and developing their own wealth and power. Overall, IC1101 combines elements of science fiction, fantasy, and mystery. Players will find themselves in a colorful and mysterious interstellar world, where every exploration and adventure brings new surprises and challenges. But how will this worldview be realized through technology? Multi-platform support attracts different user groups. Overall, IC1101 is an immersive metaverse platform based on a multi-chain architecture that allows users from different public chains to easily connect. Through the introduction of token economics and NFTs, users can have their own digital assets and ownership, and can engage in social and game cooperation to complete tasks, satisfy their desires, and earn rewards. IC1101's appeal is not just in its technological innovation and diverse universe construction, but more importantly, in its ability to attract different types of user groups. Before introducing specific products and technologies, it is worth considering who will be interested in the metaverse. We can divide IC1101's audience into two categories, heavy gamers and casual gamers. The former includes tech enthusiasts and gamers who have some technical expertise and equipment requirements, are interested in immersive virtual experiences, and pursue the ultimate experience; while the latter are more focused on commercial and social aspects, such as enterprises or projects interested in Web3 business models, and players who want to find more social opportunities and new friends in the virtual world. Based on the needs of different user groups, IC1101 provides two products to meet their expectations: IC1101 World and IC1101 Space. IC1101 World: A more immersive metaverse world. IC1101 World is a more immersive metaverse world. In terms of technology and graphics, it is created using the Unreal Engine 5, with outstanding image quality that forms a strong contrast to most of the current metaverse projects made with the Unity engine, which tend to be low-poly in style. In actual gameplay experience, we can see finely detailed graphics similar to those of AAA games, including finely detailed building details, dynamic blur during movement, and reflection of ripples on the water surface, all of which make players feel fully immersed in a virtual world. In terms of scene design, IC1101 World provides more three-dimensional scenes, including different planets and buildings. Each planet has a unique theme and function, such as planets specifically designed for battles and planets for exhibitions and demonstrations. Different buildings also serve different purposes, such as Sony's music hall, which can be used for music playback and related artist activities. In terms of scene design, IC1101 World offers more three-dimensional scenes, including different planets and buildings. Each planet has a unique theme and function, such as planets specifically designed for battles and planets for exhibitions and demonstrations. Different buildings also have different functions, such as Sony's music hall, which can be used for music playback and artist-related activities. In addition, virtual assets have been mapped more realistically in the IC1101 World, and players can directly view and purchase NFTs in the mall, change outfits, and become a 3D image of the NFT, which also provides possibilities for more collaborative creation. IC1101 Space: Lower Threshold for Participation IC1101 World will bring better graphics and a more immersive world to players, but the cost is higher hardware requirements for accessing devices. A well-configured computer may be needed to smoothly enter the metaverse. However, not everyone is a hardcore gamer or an extreme immersion seeker. For more casual players who want to experience the scenes and interactions of the metaverse, IC1101 provides another option: IC1101 Space. IC1101 Space can be accessed through a simple browser login, presented in the form of a webpage, making it convenient and fast to use. Although the graphics may not be as detailed as the World version, they significantly lower the barrier to entry, making them particularly suitable for commercial and social users. In IC1101 Space, players can take on their own roles and participate in online displays and interactions. Compared to traditional social media platforms, IC1101 Space provides richer ways of interaction. In the same scene, players can communicate and greet others, have deeper interactions with organizations, media, and partners they are interested in, bringing them closer together. Immersion is not the first choice for social demand orientation, as it is more important to allow more people to participate in the activities together. IC1101 has achieved this very well. It is worth mentioning that the user data and scenes of the two versions, IC1101 World and IC1101 Space, are interoperable. This means that users can choose different login methods according to their own needs, but their behavior is visible in both versions, and together they influence the world of IC1101. This versioning method for different user groups can attract more users and provide better experiences for different types of participants. This is relatively rare in current metaverse projects, and many projects may not have considered this layered demand. For hardcore players and explorers who are looking for ultimate graphics and immersion, IC1101 World provides a more immersive metaverse experience. For casual players who want to participate in metaverse social and business activities, IC1101 Space provides a lower threshold for participation. Whether for technology enthusiasts, gamers, business users, or social users, IC1101 can meet their needs and create new digital experiences and lifestyles for them. A sense of participation puts the galaxy within reach. The essence of social interaction is a sense of participation. People are the sum of social relationships, and in many metaverse projects, simple display and gathering are only a one-way and low-interaction social relationships, which cannot give players a strong sense of participation. Over time, players will feel empty and boring, and a rich and fulfilling virtual world seems out of reach. Therefore, the metaverse also needs to be built around a sense of participation, so that users are willing, good at, and immersed in this virtual world, becoming "digital natives" in the metaverse. In addition to excellent graphics and sensitive user segmentation, IC1101 is also working on a sense of participation. Firstly, in terms of social aspects, in IC1101, users can enter with their own NFT digital avatars, and can also use these avatars within IC1101. This way, users can communicate with others in the virtual world through their digital avatars. Through functions such as lobby chat, private chat, friend teaming, community tasks/activities, live streaming, and social media sharing, users can establish emotional connections with others. In addition, users can also enhance friendships by sending friends gifts. These social functions not only allow users to display their digital avatars in IC1101, but also to establish real social relationships with others. Next, let's delve into the gaming aspect. IC1101 is committed to creating interactive gaming spaces. In the world of IC1101, users can indulge in a wide variety of casual games, enticing more Web2 multi-users to migrate to the Web3 world. With diverse gaming experiences, IC1101 offers users more interactive and entertaining choices, allowing them to have a stronger sense of engagement within the game. In addition, IC1101 provides a whole new shopping experience. Users can present and sell 2D NFTs purchased on other platforms in a 3D manner within IC1101. Furthermore, brand collaborations are able to bring users a shopping experience beyond reality. By partnering with brands, IC1101 has created a 3D NFT digital mall, offering users a completely new way of shopping and experiencing. Finally, IC1101 also allows users to participate in scenario decision-making. Users can vote to decide the functions of buildings and scenes implemented in the metaverse world. This way, users can participate in the construction process of the metaverse, express their opinions and ideas, and further enhance their sense of participation in IC1101. Expert Team The project members of IC1101 are a group of creative industry experts with an average of 15 years of experience in their respective fields. The team members are located in North America and Asia, and have worked for globally renowned companies such as Dfinity, UBISOFT, Disney, Unity SF, and Konami. They have had long-standing partnerships with top global companies such as Blizzard, EA, Sony, and Amazon, and have participated in the development of many well-known products such as Hearthstone, World of Warcraft, Diablo, Harry Potter, New World, and The Last of Us. The team members have a great passion for the Metaverse project and a deep understanding of it. They are familiar with the concept and development trends of the Metaverse, and are committed to creating an exciting and meaningful virtual experience for users. The strength and partnerships of the IC1101 team have laid a solid foundation for the success of the project. Their professional knowledge and rich experience will ensure that IC1101 can provide the best technical solutions and continuously drive the development of the Metaverse. The team's goal is to create a realistic and engaging virtual world for users where everyone can experience unlimited possibilities and fun. SPACE X 3.0: Immerse Yourself in the Advanced Metaverse Even before its official launch, IC1101 offers a unique opportunity for an early experience that everyone has been eagerly waiting for. On June 6th, starting at 10:00 AM, IC1101 is hosting a significant event called "SPACE X 3.0" Demo Day, providing a vital chance for those interested in the project. This event will showcase the latest developments of the IC1101 project and allow participants to have a firsthand experience of its remarkable products. "SPACE X 3.0" Demo Day will take place in IC1101 Space. Participants will enter this metaverse in the form of digital avatars and engage in interactions with others. The event will offer a diverse range of experiences, including airdrops of tokens and real-time PvP competitions. From the scenes of the event, it's apparent that the inaugural Demo Day has attracted thousands of visitors and garnered support from 30 VCs and 8 media outlets. This demonstrates the convenience, immersion, and engagement that IC1101 provides to its participants. Beyond the event itself, we are also highly excited about the future of the IC1101 project. Through the showcase at Demo Day, IC1101 will unveil its enormous potential and prospects as a real metaverse to the world, bringing users more innovation and thrilling experiences. 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.

San Francisco-based Web3 developer hub Ankr has officially launched Enterprise Remote Procedure Call (RPC) services on Microsoft's Azure Marketplace, following their partnership announcement in February this year. The service is intended to provide Azure's vast customer base with low-latency, globally accessible blockchain connections, aiding them in their Web3 project and application development. Notably, Ankr's AppChains, a solution enabling enterprises to deploy dedicated, customizable blockchains, will also be made available on Azure Marketplace. Initial offerings will include the deployment of Polygon Supernets with a promise of more blockchain ecosystem choices in the near future. "Through this partnership, we are abstracting away what is often an impediment to testing, deploying, and scaling Web3 projects seamlessly," shares Daniel An, Microsoft's Director of Business Development. AppChains have been part of Ankr's product line-up for a year now. These scalable, application-specific blockchains facilitate decentralized app development and project execution for Web3 organizations. Their popularity among traditional enterprises has grown significantly due to their versatile application potential across banking, institutional clients, CBDCs, gaming, and more. By offering AppChains through the Azure Marketplace, enterprises have a vetted and trusted platform to explore and adopt this new technology. Ankr's AppChains aim to overcome significant hurdles faced by enterprises, such as scalability, user experience, and the cost of hiring new Web3 engineering talent. AppChains provide speedy and affordable transactions, seamless user experiences, regulatory compliance, and comprehensive engineering support. These advantages could streamline the transition to Web3 for many firms interested in the digital asset space. Peter Stewart, Head of Infrastructure at Ankr, praised the collaboration with Microsoft and highlighted their anticipation for increased demand following the Azure Marketplace launch. Simultaneously, Kev Silk, Ankr AppChains Lead, underscored Ankr's commitment to facilitating Web3 accessibility for large businesses through this enterprise-grade chain solution. "With Microsoft's guidance, we will continue to innovate and improve based on user feedback and performance metrics. This partnership has been remarkable, and we are excited for the future of our Enterprise RPC service," Stewart shares. Ankr, as an all-in-one Web3 developer hub, offers an extensive toolkit to build Web3 apps and establish high-performance connections to over 30 blockchains. Ankr is an approved infrastructure partner for constructing application-specific blockchains on ecosystems like the BNB Smart Chain, Polygon, and Avalanche. According to data from 2022, Microsoft Azure is the second-largest cloud service provider worldwide, commanding a market share of approximately 20%. Analysts predict that by 2024, global blockchain technology revenues are expected to reach $23.3 billion. Given this context, the Ankr-Microsoft partnership could be a significant step in catering to this emerging demand. The Ankr and Microsoft Azure collaboration represents an important development in the expansion of Web3, emphasizing the increasing importance of reliable infrastructure in fostering its growth. By facilitating the rapid deployment of customized blockchains and providing scalable connections to over 30 blockchain networks, this partnership could catalyze the mainstream adoption of Web3 technologies. Building Web3 infrastructure is akin to creating the foundational pillars of the next-generation internet. It provides the necessary groundwork that enables decentralized applications (dApps) and platforms to run smoothly. This not only enhances performance but also ensures that these platforms can effectively maintain the decentralized ethos at the heart of the Web3 vision. What's Next For Ankr and Microsoft Azure? Microsoft Azure's involvement in this endeavor is notable. As one of the leading cloud service providers, Azure brings extensive expertise in facilitating scalable, reliable, and secure cloud solutions for various applications. Its entry into the Web3 infrastructure space underscores the intersection of traditional tech giants with the burgeoning field of blockchain technology. In terms of broader implications, the Ankr-Microsoft partnership provides an excellent example of how cloud services can fuel the growth of Web3. Cloud computing, with its inherent flexibility, scalability, and cost-effectiveness, provides an ideal environment for developing and deploying dApps, smart contracts, and other blockchain-powered applications. In fact, the synergy of cloud computing and blockchain could serve as a catalyst for new business models and applications in the Web3 space. For instance, decentralized data storage and management, enhanced digital identity solutions, and streamlined supply chain systems are among the numerous potential applications of a blockchain-cloud fusion. Microsoft Azure, with its robust cloud infrastructure, has a history of fostering such innovations. The platform's as-a-service offerings – including Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS) – have already disrupted multiple sectors. By extending these capabilities to Web3 infrastructure development, Azure could unlock new frontiers in the decentralized tech landscape. The integration of Ankr’s Enterprise RPC services and AppChains into Azure Marketplace, therefore, not only marks a significant step in Web3 infrastructure development but also demonstrates the potential of cloud services in accelerating the growth of Web3. As enterprises worldwide increasingly recognize the potential of blockchain technology, collaborations like these are likely to become more prominent, shaping the evolution of the Internet as we know it. Partnerships such as Ankr and Microsoft Azure's represent a critical step in this direction, bringing together the flexibility of cloud services with the transformative potential of blockchain technology. 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.

Road Town, British Virgin Islands, June 8th, 2023, ChainwireLBank Labs, the leading blockchain venture fund, has announced an investment in Collab+Currency, a crypto-focused venture fund backing early-stage startups building the next generation of culture and consumer technology. The strategic investment aims to foster innovation and support the growth of highly-scalable Web3 infrastructure on a global scale.Collab+Currency is focused on identifying early opportunities in Web3, primarily investing in pre-seed and seed rounds. Its team has backed some of the most influential Web3 consumer projects in the world including Art Blocks, Blur, SuperRare, and Sky Mavis. During the past five years, the firm has backed around 100 projects working in nearly every vertical within crypto, including infrastructure, base-layer blockchains, service providers and NFTs. The majority of the firm's investments revolve around a thesis that consumer applications will be the biggest winners in Web3.By investing in Collab+Currency, LBank Labs aims to not only support a promising startup, but contribute to the advancement of consumer-focused technology and applications as a whole. This aligns with Labs’ mandate to identify like-minded startups who are passionate about shaping the future of consumer technology.With $100 million assets under management, LBank Labs brings extensive financial resources and a vast global network to Collab+Currency. In turn, Collab+Currency will reciprocate by contributing significant value to LBank Labs, leveraging their expertise, strategic insights, and innovative approach to fuel mutual growth and success.The venture fund also aims to forge its commitment by building a comprehensive network of Fund of Funds, designed to enhance the performance and diversification of its portfolios while emphasising the inherent value of its ecosystem network. Labs’ presence in seven global regions, including San Francisco, Dubai, Paris, Denver, Singapore, Mexico, and Shanghai, positions them as a powerhouse for fostering collaboration and innovation across borders.LBank Labs, whose investment strategy is protocol and exchange-agnostic, is committed to supporting projects through direct funding, acceleration, incubation, and extensive networking. With $100 million assets under management (AUM), the venture capital arm of global cryptocurrency exchange LBank has a strong track record of nurturing startups and helping them thrive.Besides direct investments in projects, the LBank Labs team aims to build a strong fund network via investing in global top funds to support portfolios from the network in both financial and resource value-add.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrency.Start Trading Now: lbank.comCommunity & Social Media: Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTubeContactGlobal PR DirectorJeremy Van der [email protected]

Iconic DC Super Hero Film, Superman, is being released as a multimedia living movie experience from Warner Bros. Home Entertainment and Eluvio. The experience Includes 4K UHD Feature Film and Special Features, Interactive Themed Navigation, Explorable Image Galleries, Discoverable Digital Easter Eggs, and more. Warner Bros. Home Entertainment, in partnership with content blockchain pioneerEluvio, announced the next instalment of the WB Movieverse with the iconic DC Super Hero filmSupermanWeb3 Movie Experience. The film is available for preview athttps://web3.wb.comand opens for purchase on June 9, 2023. The release ofthe SupermanWeb3 Movie Experience follows the 2022 first-of-its-kind Web3 entertainment offering‘The Lord of the Rings: The Fellowship of the Ring(Extended Edition)’ Web3 Movie Experience. The SupermanWeb3 Movie Experience is a multimedia non-fungible token (NFT) for fans to own and to engage with the 1978 Richard Donner film in a new and exciting way. Through dynamic menu options based on iconic locations from the film, owners can watch the movie in 4K UHD on a desktop, mobile, tablet or TV device. Viewers can access special features, view image galleries and artist renderings by notable DC artists, discover digital easter eggs, and sell the experience in a community marketplace. TheSupermanWeb3 Movie Experience will be offered instandard and premium editions. Standard Edition $30 for one week from 8:00 AM ET on June 9 to 7:59 AM ET on June 16 Includes an interactive location-based navigation menu,Superman: The MovieTheatrical Version, previously released special features and an image gallery featuring stills and behind-the-scenes galleries. Premium Edition $100 for 24 hours from 8:00 AM ET on June 9 to 7:59 AM ET on June 10 Includes three different variations separately available for purchase: Truth, Justice, and Hope. Each variation features an illustration of Christopher Reeves’ Superman from one of three DC artists - Ivan Reiss, Ben Oliver, or Bill Sienkiewicz. Each variation includes an interactive and explorable location-based navigation menu and three versions of the feature film –Superman: The MovieTheatrical Version;Superman: The MovieExpanded Director’s Cut, andSuperman: The MovieExtended TV Edition Additionally, each is debuted with previously-released special features, image galleries featuring costume and detail images from the Warner Bros. archive, and stills and behind-the-scenes galleries. The Superman Web3 Movie Experience will include a free voucher code for aDC3Super Power Pack: Series Supermanfrom theDC NFT Marketplace, offering three randomly selectedSupermancomics with rarities ranging from Common to Legendary. These packs are time-gated, open-edition drops, limited to one per account. New themed packs will launch every few weeks, so stay tuned for updates. Early access to all editions of theSupermanWeb3 Movie Experience will be available to DC Bat Cowl NFT holders at 8:00 AM ET on June 8, to DC3 holders at 11:00 AM ET on June 8, and toThe Lord of the RingsWeb3 Movie Experience holders at 2:00 PM ET on June 8. Michelle Munson, CEO and co-founder of Eluvio said: “For fans of this beloved and iconic film,Superman: The Movieis being released as an exclusive Web3 film and immersive digital collectable for the first time. As part of the WB Movieverse, consumers can easily watch, collect, and sell their film Web3 Movie Experiences on the blockchain in the Movieverse marketplace. For Warner Bros., and the broader industry, Eluvio is honored to back this novel digital sell-through experience for 4K films and premium video assets – all streamed from and backed by secure blockchain access and ownership on the Eluvio Content Fabric.” TheSupermanWeb3 Movie Experience will be available to the public on June 9, exclusively athttps://web3.wb.com, and can be purchased by credit card or cryptocurrency. To participate in this novel experience, fans can create a secure, easy-to-use media wallet that acts as a digital vault and enables consumers to stream and purchase content via credit cards or crypto wallets. Superman Web3 Movie Experience Powered by Eluvio Eluvio, a pioneer of Web3 innovation throughout the media and entertainment industry, powers the SupermanWeb3 Movie Experience. The Eluvio Content Blockchain provides a high-performance, simple-to-use, cost-effective Web3 platform built for content. It enables Web3 native media experiences, allowing publishers and fans to directly enjoy and monetizeshows, films, concerts, digital albums, digital collectables, interactive and metaverse experiences, and more. Content creators, and their communities, benefit from a significantly more carbon-efficient and high-performance alternative to traditional platforms for content streaming, distribution, and storage, including 4K streaming, ticketing, NFT minting, and trading of premium content. Notably, in this experience, the core digital assets and derivative NFTs are all on the blockchain, not just the token (NFT) itself. Warner Bros. Discovery Home Entertainment and fans enjoy blockchain-backed access control and content rights enforcement, scalable attestation of ownership, smart contracts that enable distributed royalties, and content experiences that can evolve. Eluvio’s Content Blockchain also provides a breakthrough in carbon-footprint efficiency in managing media, using blockchain technology, and on-chain content ownership. Through a novel compositional and just-in-time protocol, the Eluvio Content Blockchain does not make digital file copies. It significantly reduces network storage and usage requirements compared to traditional streaming and content distribution systems. It uses an eco-friendly “proof-of-authority” consensus, which avoids the high energy consumption used in computational “proof-of-work” blockchains. About Warner Bros. Home Entertainment Warner Bros. Home Entertainment (WBHE) distributes award-winning movies, television, animation, and digital content produced by Warner Bros. Discovery to the homes and screens of millions through physical Blu-ray Disc™ and DVD retail sales and digital transactions on major streaming sites, video-on-demand cable, satellite, digital, and mobile channels. WBHE is part of Warner Bros. Discovery Content Sales,one of the world’s largest distributors of entertainment programming. About Eluvio, Inc. Eluvio(https://eluv.io) is the content blockchain for the creator economy. The Eluvio Content Fabric is a utility blockchain network for owner-controlled storage, distribution, and monetization of large-scale digital content. It provides live and file-based content publishing, transcoding, packaging, sequencing, dynamic and static distribution, and derivative NFTs minting for all content experiences. Examples of companies and creators whose content blockchain initiatives have been powered by Eluvio include FOX Entertainment, Globo, MGM Studios, Microsoft, SONY Pictures, Telstra, Warner Bros. Home Entertainment, WWE, The Masked Singer,Dolly Parton, Black Eyed Peas,Rita Ora, independent filmmakers, and many others. Eluvio is led by Emmy Award-winning technologistsMichelle MunsonandSerban Simu, founders and inventors of Aspera, a pioneer in digital video transport technology, and a core team of innovators. Based inBerkeley, California, Eluvio has received numerous industry awards, including the prestigious Engineering Excellence Award by the Hollywood Professional Association and has been recognized with 11 US patents. 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.

Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.

Optimism, the Ethereum Layer 2 scaling solution, is preparing to roll out its "Bedrock" upgrade today, June 6th. The step is considered to be a significant leap towards becoming a utility-oriented "Superchain" featuring reduced gas fees and significantly faster transaction finality and block rendering. The Ethereum-based protocol's vision of its technological progress towards becoming a Superchain, which is to say an interconnected network of interoperable and highly composable blockchains, is getting nearer through these planned enhancements. Optimism Bedrock Update The Bedrock update is expected to go live by 16:00 UTC today via Optimism's mainnet.“Bedrock was named Bedrock for a reason. It is the foundation for the Superchain," shares Karl Floersch. Floersch currently serves as CEO and and is co-founder at OP Labs, the development organization behind Optimism and its suite of blockchain products.The move is considered an instrumental point towards the transformation of Optimism. With the upgrade, all associated and integrated chains either constructed within or designed in alignment with the OP tech stack (developer tooling, APIs, and SDKs) will be linked over, enabling smooth communication over a unified ecosystem. Floersche emphasizes further that the "Superchain" status isn't a mere moniker, it is, in essence, a long-term vision towards producing an industry standard with the OP Stack as a baseline. Among the key features outlined in anticipation of the upgrade is a 40% reduction in gas fees through an optimized data compression strategy. This means that Bedrock is set to introduce internal mechanisms that will curtail the reliance towards block reorganization, which costs a significant amount of resources on the side of a Layer 2 chain such as Optimism. Block-based reorganizations (reorgs) are instances in which a blockchain simultaneously produces two blocks, hence generating a duplicate blockchain. The code changes set out in Bedrock will effectively cut down confirmation intervals for deposits to approximately 60 seconds, down from the average interval of 600 seconds for the same typical transaction. Key Enhancements To Expect On Optimism Bedrock Update Another well-intentioned upgrade that comes with the Bedrock update is slew of enhancements to proof of modularity in the OP Stack. This open-source toolkit provides developers with functionalities for providing customizable environments on the Optimism blockchain, opening constructs and experiences for users who wish to leverage validity proofs and fault proofs within the OP Stack. Alongside the transaction upgrades, this feature set wil provide a performance boost for node-related functions across the Optimism ecosystem. Another significant advancement Bedrock brings to the table is facilitating Optimism's transition to a multi-client ecosystem. Floersch claims that Optimism will be the first layer 2 protocol to boast multiple clients, thereby enhancing system resilience by eliminating potential single points of failure. Client software is utilized to operate the blockchain, with layer 1 blockchains like Ethereum relying on several clients to ensure network security. The upgrade process is expected to last between two to four hours. During this period, deposits and withdrawals will be temporarily suspended, and the chain will be momentarily paused. What is Optimism? Optimism functions as a scaling solution for Ethereum, allowing users to carry out transactions on the blockchain at a lower cost while retaining the underlying security of Ethereum. It utilizes a technology called an “optimistic rollup,” which consolidates multiple transactions into a single transaction, consequently accelerating transaction speed and reducing gas fees. The layer 2 landscape atop Ethereum has witnessed stiff competition in recent months. L2Beat statistics indicate that Optimism's closest rival, Arbitrum, leads the pack with a total value locked (TVL) of $5.69 billion, with Optimism trailing with a TVL of $1.68 billion. The Bedrock upgrade, however, is expected to boost Optimism's competitiveness. Alternative solutions to optimistic rollups, like ZK Rollups, have also been gaining traction. Polygon and Matter Labs recently introduced their zkEVMs, a type of ZK Rollup compatible with the Ethereum Virtual Machine, providing users with more choices for faster, cheaper transactions on Ethereum. 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.

Whether it's crypto, stocks, or forex, the cold hard truth is that most traders lose. An analysis of eToro trades revealed that nearly 80% of the platform's active users were unprofitable over the course of a year, with a 36.3% median loss. Another study found that 97% of futures traders in Brazil lost money over 300 days. Only 5% of Taiwanese day traders were profitable between 1992 and 2006. When the stakes are high, human error becomes costly. This is the case with trading, where trader decisions are often tainted with split-second decisions, panic-based actions, and a sunk cost fallacy mentality. This is likely why the stock market is increasingly run by machines and algorithms. Artificial intelligence has proved capable of tackling this challenge, and one company called Walbi has already designed an AI solution to assist crypto traders. Tapping Into the Power of AI Recent breakthroughs in generative AI have created tremendous hype around artificial intelligence tools. The technology has proven effective in tasks thought to be impossible for an algorithm, like content creation and art generation. Now, AI technology is increasingly prolific in the financial industry. While robo-advisor AUM is expected to reach $2.02 trillion by 2027, startups are leveraging AI to enhance crypto trader performance. AI offers the advantage of processing data much faster than a human. Where a human has to spend hours or days understanding trends and making decisions based on them, an AI can recognize patterns in seconds and offer advice to the trader. It can analyze the market in real-time and catch sudden shifts, fraud, and malicious activity, and even make low-level trading decisions. This allows traders with AI assistance to make quick and confident trading decisions, which in the trading world is incredibly important. Walbi is currently building a crypto trading platform that offers all these benefits, and the project is expected to achieve a significant milestone with the launch of its minimum viable product (MVP) in June 2023. Walbi's AI-Driven Crypto Trading Solution Walbi is a next-gen hybrid decentralized finance (DeFi) platform consisting of a crypto exchange, non-custodial Web3 wallet, and AI tool suite to supercharge trader decision-making. The project has multiple flagship solutions that aim to fulfill Walbi’s mission to make the blockchain industry simpler and more intuitive for everyone. The first one is the Walbi Exchange, a crypto exchange offering up to 500 times more leverage for futures traders without a mandatory KYC. Besides managing liquidity, Walbi's AI tools optimize the order book by predicting demand for digital assets and automatically detecting wash trading, spoofing, and other malicious activity. Besides Walbi Exchange, the project will offer: Walbi Lighthouse: An AI-based trading assistant that does research on behalf of traders and assists them with real-time financial data analysis and personalized trading advice. Lighthouse helps traders make more confident and well-informed decisions while minimizing the risks of human error Walbi Earn: Allows users to stake their crypto assets on Walbi to earn interest without any locking periods and with weekly payouts Walbi Cloud Miner: A cloud mining solution enabling users to mine BTC without purchasing or operating expensive equipment Walbi Wallet: A decentralized, non-custodial Web3 wallet offering users full control over their funds Walbi's Upcoming MVP Launch Walbi is currently in closed alpha but will soon launch its MVP. This release will expand the project's ecosystem with several features and functions, including: WalletConnect integration digital asset deposits and withdrawals margin trading AI-driven trading insights via Walbi Lighthouse the Walbi Waves invite system Besides the features listed above, Walbi's roadmap includes numerous future feature releases. During Q3-Q4 2023, the platform plans to launch WalletConnect integration and margin trading, NFTs, Walbi Lighthouse, and token swaps. Walbi Waves and Cloud Mining, Walbi Exchange, Walbi Earn and portfolio tools, and Walbi Wallet will become accessible to platform users throughout 2024. Crypto Trading, Supercharged Artificial intelligence models are poised to be an unprecedented improvement to trader performance which has long struggled with unprofitable strategies and approaches. Walbi is arriving soon and will be one of the first to leverage the power of AI to make trading faster, easier, and safer. With the assistance of AI tools, the project enables crypto traders to make data-driven decisions, potentially increasing their long-term profitability. Want to learn more about Walbi? Check out the project's blog and subscribe to its Telegram and Twitter channels. 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.

The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.

The Central Bank of UAE (CBUAE) has set forth comprehensive guidelines for digital asset KYC, to be implemented next month. Transparent crypto regulation The new guidelines will require financial institutions to conduct thorough due diligence exercises alongside identity verification checks before approving any digital asset transactions. Crypto businesses worldwide are doing their best to comply with current regulatory changes happening in various jurisdictions worldwide. It’s for this reason that many seek regions with crystal clear regulations and standardised guidelines. The UAE, known for its transparency in crypto regulation, has become an attractive haven for these businesses as it now gradually positions itself as a candidate for the next global crypto hub. A new regulatory framework The new regulatory framework provided by the CBUAE contains custom-tailored solutions targeting risks attached to virtual assets and virtual asset service providers purposely designed to enhance supervisory and regulatory frameworks. "These crucially important efforts are essential elements towards safeguarding our financial and monetary system's integrity along with stability, following Financial Action Task Force standards," reiterated Governor Khaled Mohamed Balama. With a comprehensive 44-page document outlining explicit definitions of virtual assets alongside their service providers’ business models, the documentation emphasises the strict legal obligations placed on licensed financial institutions through provision of effective tools tailored to enable them to navigate across the rapidly evolving virtual asset industry landscape. To further demonstrate its commitment towards providing optimal safety together with superior well-regulated environments for cryptocurrencies including NFTs among other digital assets; Dubai established a dedicated regulator - Securities & Commodities Authority (SCA) which oversees operations within the country's digital asset sector while at the same time streamlining its licensing processes by providing clarity regarding operational procedures except for companies operating within certain economic free zones. 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.

Germany's Deutsche Telekom has joined Polygon as a validator, signaling its support for the Ethereum layer-2 scaling protocol and expanding its involvement in the blockchain technology space. Deutsche Telekom aims to explore new revenue streams and enhance network security through its participation as a validator. The company's subsidiary, Deutsche Telekom MMS, will operate as a validator for Polygon, contributing to the security, governance, and decentralization of the platform. As a validator, Deutsche Telekom will run a full node, produce blocks, validate transactions, and participate in the consensus process. This move strengthens the overall integrity and interoperability of the Ethereum ecosystem. Dirk Röder, Head of the Blockchain Solutions Center at Deutsche Telekom, views the collaboration with Polygon as a significant milestone for the company's aspiration to become a key player in Web3 infrastructure. Deutsche Telekom aims to serve institutional clients as a reliable enterprise-grade staking provider and leverage the existing infrastructure to monetize the native token of the underlying blockchain network. This strategic move allows Deutsche Telekom to tap into the growing potential of blockchain technology and establish a foothold in the evolving digital economy. The involvement of mainstream telecommunications companies like Deutsche Telekom in the Web3 space can contribute to the greater decentralization of proof-of-stake blockchains. Röder emphasizes the importance of having a diverse and reliable validator set in a decentralized ecosystem. Other telecommunications companies are also exploring opportunities in this domain, fostering a more robust network infrastructure for blockchain platforms. Michael Blank, CEO of Polygon Labs, believes that collaborations between blockchain projects and mainstream businesses like Deutsche Telekom can pave the way for wider adoption of blockchain technology across various industries. The partnership not only strengthens Polygon's network security and governance but also showcases the practical applications of blockchain beyond cryptocurrencies. Polygon's blockchain ecosystem offers a suite of protocols for developers to access major scaling solutions, including zero-knowledge rollups, sidechains, app-specific chains, and data availability protocols. As a validator, Deutsche Telekom MMS will contribute to the security and decentralization of Polygon's proof-of-stake sidechain and Supernets app-chains. Currently, Polygon's PoS chain hosts numerous decentralized applications, processing millions of daily transactions and locking over $1.2 billion in Total Value Locked. Deutsche Telekom's participation as a validator on Polygon demonstrates the increasing recognition of the potential of blockchain technology by established companies in the telecommunications industry. This collaboration strengthens Polygon's network infrastructure while bridging the gap between traditional businesses and the blockchain ecosystem. The partnership between Deutsche Telekom and Polygon highlights the continued growth and integration of blockchain technology into mainstream operations. Such collaborations between traditional industry firms and blockchain companies advance the possibilities for transformative applications and advancements in the digital landscape, merging new horizons to expand the use case and adoption of blockchain technologies beyond crypto. 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.

Crypto Valley Conference, Rotkreuz, Switzerland, June 1, 2023 - Uphold, the Web3 financial platform, today announced a new offering for all classes of institutional investors trading digital assets. This is the first solution to provide institutional grade research, optimal OTC execution, superior product breadth - offering more than 280 assets - and settlement in multiple currencies. The OTC Platform: Branded Uphold Ascent, the customizable OTC trading platform is designed for optimal execution, handling large orders with minimal price impact and competitive pricing. Superior Liquidity: with connection to 29 trading venues, Ascent allows traders to smart route orders to centralized exchanges, decentralized exchanges and Layer 2 networks. Expansive Digital Asset Coverage: Uphold has set a high bar in the industry for depth of product, offering more than 280 tokens, including access to many assets unavailable on other OTC platforms Trading Expertise: our team is comprised of CeFi, DeFi and high-frequency trading experts Fully Customizable trading tools and order management interface “Whether institutional investors are trading digital assets now, or looking to get into the space, our new Ascent OTC platform and in-depth research will provide them access to comprehensive and extensive insights and the deepest liquidity pool in digital asset management through which to execute trades,” said Simon McLoughlin, Chief Executive Officer of Uphold. Token Discovery: Uphold Intelligence, digital asset research, has proven to identify meaningful assets early. With Dr. Martin Hiesbock, Head of Research at Uphold Institutional, clients gain direct access to first-hand knowledge of what is happening and about to happen in the market. “We sort through the assets with just flash from those that have fundamental value for our clients,” said Scott Kaplan, Chief Executive Officer of Uphold Securities. “We identify important digital assets early based on sound methodology intended to spot fundamental long term value.” About Uphold Ranked #1 in the San Francisco Business Times Fast 100 List, Uphold is committed to making Web3 easy. As a Web3 financial platform, Uphold serves over 10 million customers in more than 180 countries. It provides businesses and consumers with easy access to financial technology and services. Uphold’s patented “Anything to Anything” platform gives end users seamless access to and between digital assets and national currencies and precious metals. To learn more about Uphold’s products and services visit uphold.com. Certain currencies and assets are not available in all jurisdictions ### 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.

The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023.

OpenAI aims to reduce AI hallucinations in ChatGPT by enhancing math skills as process supervision shows promise in improving accuracy.

Image: Anoma Blockchain architecture firm, Anoma Foundation announced it has successfully completed its third funding round securing $25 million with an aim to extend its intent-centric technology to blockchain platforms. Announced Wednesday, the fundraising event was led by one of the top Web 3 VC firms CMCC Global. The latest capital round aims to further Anoma’s goal to bring the third generation of blockchains to market and decentralize the financial system, giving power back to the users. The fundraising also welcomed pledges from other prominent industry players including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor. Additionally, over 30 angel investors across the blockchain space also participated in the round, embracing Anoma Foundation’s vision. The Swiss non-profit firm is focused on funding the development of its blockchain architecture to bring fully decentralized systems to Web 2.5 apps including rollups, DEXs and other DApps. With significant backing from investors across the blockchain industry, Anoma will further the development of intent-centric blockchain architecture, bringing to life a “new paradigm for building blockchain infrastructure layers”, the press statement reads. “Compared to existing architectures such as Ethereum/EVM, it makes dApps an order of magnitude more composable and an order of magnitude easier to build,” said Adrian Brink, Co-founder of Anoma. Anoma’s intent-centric blockchain architecture allows these “partially decentralized apps” to give power back to their users while promoting the development of novel apps that previously could not be built on existing architectures. “The team is pushing the boundaries of protocol design and reimagining how base layer infrastructure should operate,” said Charlie Morris, Co-founder and Managing Partner of CMCC Global. “It is refreshing to see Anoma’s designs and philosophy against the backdrop of a homogenous group of layer-1 smart contract platforms.” Apart from offering a platform to build fully decentralized apps, Anoma’s latest capital raise will also enhance the platform’s scalability, user experience, privacy and interoperability, Tommy Shaughnessy, Founding Partner of Delphi Digital shared in his statement. “Anoma's intent-centric architecture represents a significant advancement across all fronts of blockchain infrastructure[...],” Shaughnessy added. “We are excited to be part of their journey towards revolutionizing decentralized applications.” Notwithstanding, the funding will also be used to support ongoing research and development initiatives, and boost adoption rates via easy-to-integrate development tools that enable the development of novel DApps. In addition, the cash will be used to form strategic partnerships and enhance the overall ecosystem development. “We are super excited to be investing in Anoma,” added Dialectic founder Ryan Zurrer. “Their intent-centricity and inherent focus on low-level privacy promises to unlock novel use-cases, particularly in areas such as next-generation DeFi, and represents a major step forward for the space.” 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.

The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform.

[PRESS RELEASE – San Francisco, United States, May 26th, 2023] Bitcoin Startup Lab, an industry-leading part-time startup training program and community for founders, is enabling the advent of the sustainable Web3 Bitcoin economy with its comprehensive mentorship-guided startup program beginning on June 24th, 2023. Bitcoin Startup Lab enables talented founders to become the champions they […]

The Ethereum protocol recently experienced two incidents in which its Beacon Chain stopped finalizing blocks. This occurred on May 11, 2023, when the network was unable to fully confirm transactions for about 20 minutes and again on May 12, 2023, for over an hour. Generally, block finality refers to a state where a supermajority of […]

You can use crypto as collateral to get a home loan — but as one Bitcoin OG found out, it’s super risky and you can lose the lot.

Large language models like ChatGPT could supercharge sentiment analysis, a key aspect of trading.

OpenAI leadership weighed the pros and cons of trying to stop the development of superhuman AI and decided it was in humanity’s best interest to forge ahead.

The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.

[PRESS RELEASE – Please Read Disclaimer] Finblox, a leading crypto superapp backed and supported by behemoths like Dragonfly and Sequoia, is delighted to announce the remarkable success of its recent token launch, defying current market conditions and generating a trading volume exceeding 2 million USD in the first 12 trading hours. Preparation for the ICO […]