The Sei Foundation, which coordinated the airdrop, posted on X early Thursday that it had tripled the number of eligible wallets for the cross-bridge airdrop to 1.5 million from 500,000, on blockchains including Ethereum, Polygon, Arbitrum and Solana. The expansion was “due to fervent demand,” according to the post. Source link
Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution, on Aug. 16 after months of testing that saw millions of users participate and 21 million wallets created. Shibarium is built on a new consensus mechanism called proof-of-participation (PoP), which works by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. The new L2 blockchain solution is designed to interact with the primary Ethereum layer-1 blockchain, providing a more scalable and cost-effective transaction platform.…
Gitcoin, a platform that empowers communities to fund and build open-source projects, has announced a collaboration with Shell, a global energy company. The partnership aims to explore innovative ways to incentivize the adoption of renewable energy sources and provide transparency and verifiability for carbon markets. Collaboration Details The collaboration will encompass a donation to the Gitcoin matching fund for the next four Climate Solutions rounds in the Gitcoin Grants Program and a hackathon in Q4 of this year, focusing on blockchain-related energy use cases. The Gitcoin Grants Program is a…
The metaverse-focused layer 1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators. Source link
Introduction Miner Extractable Value (MEV) bots have become a prominent feature in the world of cryptocurrency, particularly within the Ethereum network. These bots are designed to identify and exploit profitable opportunities within the blockchain, but they have also been associated with scams and controversial practices. This wiki provides an in-depth look at MEV bots, their functionality, and the ethical considerations surrounding their use. What is MEV? MEV stands for “Miner Extractable Value” or “Maximum Extractable Value.” It refers to the potential profits that miners or validators can generate by selectively…
Upbit, a globally recognized digital asset exchange, has announced the addition of a new digital asset, SEI, to its KRW and BTC markets. The announcement was made on August 14, 2023, and provides detailed information about the listing and associated guidelines. SEI Token Listing Details SEI, the native token of the Sei network, will be supported for deposits only on the Sei network (other networks like BSC will not be supported). The support for SEI deposits and withdrawals is scheduled to commence on August 15, 2023, at 21:00 KST. Trading…
The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals. According to its website, Fundsz claims to be a decentralized platform that utilizes “revolutionary” blockchain technology that empowers individuals, charities, and institutions to raise recurring and sustainable income. Fundsz Makes Up Fictional Weekly Returns For Clients, CFTC Says In a press release published on August…
FC Barcelona has recently announced significant developments in its digital expansion strategy, with the entry of new strategic partners and a merger agreement. The renowned Spanish football club aims to accelerate the growth of its digital ventures, Barça Vision and Barça Media, and tap into the world of Web3, blockchain, NFTs, and metaverse technologies. FC Barcelona Strategic Partnership To Propel Digital Growth Barça Vision, the Club’s initiative to integrate all digital content under the Web3 and blockchain umbrella, has been substantially boosted through investments by LIBERO football finance AG and…
Spanish football club FC Barcelona has secured a €120 million ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative Barça Vision. According to the Aug. 11 announcement, FC Barcelona sold a 29.5% stake in Bridgeburg Invest, the holding company for Barça Vision, in exchange for the capital. “Barça Vision is the Club’s initiative to integrate all digital content around Web3 and blockchain including nonfungible tokens (NFTs) and metaverse, which are part of the Club’s strategy to build the digital Espai Barça,” developers wrote.…
Introduction to FreedomGPT FreedomGPT is an open-source AI chatbot initiative, emphasizing uncensored, private, and unbiased interactions. Launched by Age of AI, LLC, FreedomGPT’s mission is to democratize artificial intelligence, making it accessible, uncensored, and free from corporate or governmental control. This unique approach sets a new standard for AI interaction, emphasizing user privacy and unbiased communication. The goal of FreedomGPT is to “illustrate that AI Safety isn’t advanced through censorship. Additionally, we believe every company and individual should have access to their own 100% private LLM.” Technology and Design: Leveraging…