Tag: Launch

While Musk Says AI Could Destroy Civilization, Reports Show that Billionaire Plans to Launch AI Firm 

Elon Musk is reportedly working on launching an AI startup to compete with OpenAI. Many prominent names, including Elon Musk, have weighed in on the matter of AI technology that recently exploded and is aggressively dominating. Opinions are in two directions: while many see AI as a game-changer for many industries, others like Musk are concerned about its associated risks and disadvantages. During a FOX interview, the Tesla chief compared AI’s potential danger to more than the risks of a mismanaged aircraft design or production maintenance. Noting the low probability,…

Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

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A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.  When voting closed on April 16 more than 99% of Aave (AAVE) token holders voted in favor of launching the third version of the lending and borrowing protocol on the zero-knowledge Ethereum Virtual Machine (zkEVM). According to the proposal first pitched on March 26, the launch will be limited to USD Coin (USDC) and Ether (ETH). A [Temp Check] is currently running to deploy Aave…

Uniswap passes proposal to launch on Polygon zkEVM 

The Uniswap community has fully supported a proposal to deploy the exchange’s protocol to the Polygon Zero Knowledge Ethereum Virtual Machine rollup (zkEVM). All participating UNI token holders unanimously voted on the proposal to see a large list of projects built on the Uniswap v3. Uniswap is a top decentralized exchange; UNI is the portal’s native token. Uniswap v3 to feature Polygon’s zkEVM  All 191 UNI holders voted to pass the proposal to deploy Uniswap’s protocol on scaling solution provider Polygon’s ZkEVM rollup. The votes surpassed the 40m threshold, and over…

Canon USA to Launch NFT Marketplace Cadabra

While information about Cadabra is still scant, there are indications it will offer initial drops of photo collections, mintable on the Ethereum chain. Canon USA has announced the upcoming launch of Cadabra, a new Ethereum NFT marketplace dedicated to photography NFTs. Canon USA previously filed a trademark application for the brand in 2022. Upon launch, the platform will offer photos in varying categories including sports, lifestyle, wildlife, and more Canon’s launch of a marketplace will not be its first foray into the NFT space. Previously, the global imaging giant collaborated…

Uniswap proposal to launch on Polygon zkEVM is set to pass

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Decentralized exchange (DEX) Uniswap is seemingly set to launch on the new zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up solution from scaling solution provider Polygon. While Uniswap (UNI) tokenholders have until April 14 at 9:05 pm UTC to vote on the proposal to launch Uniswap v3 on the zkEVM, the 40 million vote threshold needed for the proposal to pass has already been reached — with over 42.4 million votes recorded in favor of the integration. All 191 Ethereum addresses voted in favor of the proposal with financial modeling platform Gauntlet…

Chainalysis and Calgary police launch cryptocurrency investigation center

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A joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially launched on April 12.  In a blog post announcing the partnership, Chainalysis co-founder and chief strategy officer Jonathan Levin remarked that “this demonstration of public-private partnership to solve novel issues in financial services is a model that the rest of the world can learn from.” Together with @CalgaryPolice, today we’re launching the Western Canada Cryptocurrency Investigations Centre, a partnership that will enable law…

Bybit and Paradigm join hands to launch USDT-margined delta-1 spreads

Bybit, a crypto exchange, has launched spreads trading on USDT-margined instruments in collaboration with Paradigm, a crypto derivatives trading platform. This partnership will allow traders to spread order books on over 30 cryptocurrencies. Bybit and Paradigm’s partnership Paradigm is an institutional liquidity network for crypto derivatives traders in centralized and decentralized financing. The platform provides traders access to multi-asset liquidity on multiple protocols without compromising execution preferences and speed. Paradigm aims to create a platform for traders to create and settle trades with anyone at any time. The Bybit and…

Shiba Inu Metaverse to Partially Launch in December 2023

Shiba Inu developers have announced that the Metaverse scheme will roll out at the end of 2023 as an “ongoing project”. According to Shiba Inu (SHIB) developers, the project’s planned metaverse will partially open by the end of 2023. Developers added that the ‘partial’ opening is because SHIB’s metaverse might not be fully completed on release. Instead, the upcoming decentralized universe will be an “ongoing project” that will keep onboarding new features and enhancements even after its projected release date. Developers pointed out that the planned 2023 Shiba Inu metaverse…

Ripple to Work with Central Bank of Montenegro to Launch Its CBDC Project

Ripple said that the CBDC project will involve several stages such as identifying the practical application of the CBDC, simulating its circulation, as well as its use under controlled conditions. In an interesting development on Tuesday, April 11, blockchain startup Ripple joined hands with the Central Bank of Montenegro (CBCG) to build a pilot program for the launch of the country’s central bank digital currency (CBDC). So far, Montenegro has been using the Euro as its currency ever since its introduction in 2022. As part of their partnership, Ripple will…