Tag: Launch

Borderless Capital, Polygon Ventures, and others launch $50m cross-chain interoperability initiative

Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million cross-chain ecosystem fund. Managed by Borderless Capital, the fund is aimed at supporting and nurturing startups leveraging the Wormhole cross-chain messaging protocol. This collaboration of leading crypto teams and institutional investors seeks to drive cross-chain innovations and propel the growth of the web3 industry. Forging alliances for web3 innovation  According to a press release, over twenty influential blockchain teams and venture funds, including Polygon Ventures, Solana Foundation, and others,…

ChatGPT App for iOS Is Live, OpenAI Planning to Launch Android Version

Previously, one of the simplest ways to access OpenAI’s software on a mobile device was to use Microsoft’s Bing app which offers access to ChatGPT. Now, with the app, using the chatbot will be easier and faster. OpenAI Inc, a research laboratory that focuses on artificial intelligence (AI), has announced the launch of an iOS version of the ChatGPT app. According to the company, later, the app will also be available on Android. It will first be rolled out for users in the US, with more countries added in the…

Blockchain developers launch $50M fund to increase Wormhole adoption

A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund is being managed by venture capital fund Borderless Capital and is backed by over 20 other blockchain development teams and venture capital firms, including Circle, Polygon Ventures, Solana Foundation, JumpCrypto, and others. It’s time to make building in crypto more accessible than ever before. Introducing the $50m Cross-Chain Ecosystem Fund, powered by Wormhole! pic.twitter.com/y3VeCsUrSa — Wormhole (@wormholecrypto) May 18, 2023 The fund will help…

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs

Moreover, according to a different governance post by the dYdX Foundation, an independent not-for-profit organization aimed at fostering decentralized governance, the operations subDAO is set to expire on June 19. With the imminent launch of v4 and the expiration of its operations subDAO, the “dYdX ecosystem is approaching a critical juncture,” the foundation said. Source

LayerZero partners with Immunefi to launch $15M bug bounty

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Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program.  The program offers a maximum reward of $15 million for anyone identifying a vulnerability at the highest severity level. According to its terms and conditions, rewards are based on the Immunefi Vulnerability Severity Classification System and paid according to vulnerability impact.  LayerZero is an omnichain interoperability protocol that allows developers to interact with contracts across blockchains. In bug bounty programs, ethical hackers are rewarded for finding and reporting application vulnerabilities and bugs.…

Toy Maker Mattel to Launch Fast & Furious NFT Collection

The new collection is part of Mattel’s Hot Wheels NFT Garage Series and will be based on the Fast & Furious film franchise. The non-fungible token (NFT) market is set to move at the speed of fast cars, thanks to the decision of iconic toy maker Mattel to launch a new NFT collection. According to Mattel, the new collection is part of its Hot Wheels NFT Garage Series and will be based on the Fast & Furious film franchise. With the launch slated for May 22, the collection will go…

Apple VR/AR Headset Could Likely Launch in Early June & Spur Metaverse 

Ahead of its rumored June release, the Apple metaverse mixed-reality headset is touted to be an industry leader.  Reports suggest that the new Apple (NASDAQ: AAPL) virtual and augmented reality headset could fast-track the emergence of the metaverse. The consumer electronics giant is on course to release its highly-anticipated mixed-reality headset in the weeks ahead. Many believe the upcoming device could spur the metaverse sector as the first genuine metaverse-specific Apple product. In January, native tokens tied to metaverse projects such as Sandbox (SAND) and Decentraland (MANA) soared amid rumors of Apple’s VR/AR headset. Now, many…

ChatGPT Creator OpenAI to Launch New Open-Source AI Model This Week

Along with announcing a new open-source model, OpenAI has shared new features that ChatGPT Plus users will be able to try as soon as this week. OpenAI Inc, an artificial intelligence (AI) research and deployment company that created the AI chatbot ChatGPT, is reportedly preparing to release a new open-source language model. According to those familiar with the matter, the AI model is expected to be introduced to the public this week. It will not compete with the existing ChatGPT product, but it will definitely contribute to the progress in AI development. An open-source…

Curious Addys and Zeneca Launch Beginner NFT Platform HeyMint

With a goal of easing the minting process for creators and onboarding new entrants to Web3, HeyMint aims to be an accessible, equitable and low-cost creative tool. Creators can upload their artistic asset, choose their desired blockchain, create an allow list presale and enforce royalties. HeyMint currently supports Ethereum and three Ethereum Virtual Machine (EVM)-compatible chains – Polygon, Arbitrum and Optimism. Source

Ubisoft Partners with Integral Reality Labs to Launch Assassin’s Creed NFT Collection

Ubisoft claims that its Assassin’s Creed video game series has sold no less than 200 million copies worldwide. Despite being one of the most prominent game publishers in the Web 3.0 space as it is, Ubisoft has made yet another move. The company behind popular games such as Just Dance and Far Cry is taking its non-fungible token (NFT) play to a new dimension. Teaming up with Integral Reality Labs, Ubisoft will be creating an NFT collection centered around its popular action series, Assassin’s Creed. According to reports, the collection,…