Tag: Launches

OpenAI launches ‘Preparedness team’ for AI safety, gives board final say

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The artificial intelligence (AI) developer OpenAI has announced it will implement its “Preparedness Framework,” which includes creating a special team to evaluate and predict risks.  On Dec. 18, the company released a blog post saying that its new “Preparedness team” will be the bridge that connects safety and policy teams working across OpenAI. It said these teams providing almost a checks-and-balances-type system will help protect against “catastrophic risks” that could be posed by increasingly powerful models. OpenAI said it would only deploy its technology if it’s deemed safe. The new…

Bitwise launches crypto ETF media campaign with ‘The Most Interesting Man in the World’

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Actor Jonathan Goldsmith, who appeared as “The Most Interesting Man in the World” in an advertising campaign for Dos Equis beer, is reviving his persona to promote Bitcoin (BTC) exchange-traded funds (ETFs) for Bitwise Asset Management. In a Dec. 18 post on X (Twitter), Bitwise released an ad spot with Goldsmith showing “The Most Interesting Man in the World” in an upscale bar, as he often did in the beer commercials. However, rather than saying his signature “Stay thirsty, my friends” over a Dos Equis bottle, the actor had a…

Bitwise Spot Bitcoin (BTC) ETF Ad Launches

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Bitwise is among numerous firms awaiting approval from the U.S. Securities and Exchange Commission (SEC) for launching a spot bitcoin ETF. Unlike larger players like BlackRock, Bitwise has been offering crypto ETF products for several years, a point the ad makes clear at the end, saying “ETFs backed by crypto specialists.” Original

LayerZero Launches V2 Upgrade Across More than 40 Testnets to Streamline Cross-Chain Interoperability

LayerZero’s V2 introduces an omnichain network of blockchains to enable web3 developers to build universal decentralized applications. Amid the mass adoption of web3 applications, LayerZero (ZRO), a fast-growing omnichain interoperability protocol, has emerged as a crucial component. Backed by a strong community and group of software engineers, LayerZero has been making waves as a top interoperability network. Moreover, LayerZero supports more than 50 blockchains and has so far facilitated over $50 billion in value transfer across different web3 protocols. The LayerZero protocol is currently valued at over $3 billion following…

The Sandbox Launches ‘Revamped’ Marketplace on Polygon for Reduced Gas Fees

The Sandbox is celebrating the launch of its marketplace on Polygon with a new NFT collection by 30 artists from its Creator Fund. Virtual gaming world The Sandbox has announced that its NFT marketplace is now available on the Polygon blockchain. The Sandbox Marketplace on Polygon was created to ‘further empower’ creators and enable the community to monetize their ASSETs at reduced gas fees. 📣 Introducing The Sandbox Marketplace on @0xPolygon! 📣 Anyone can now mint ASSETs with greatly reduced fees! 💰 Monetize your creations – Put your work up…

Crypto.com Partner Cronos Launches Layer 2 zkEVM Testnet Chain with Matter Labs

Cronos has announced a layer 2 network for the Ethereum blockchain in collaboration with Matter Labs, Crypto.com, Fulcrom, VVS, and Veno. Cronos Labs, the name behind the Cronos blockchain, and a partner to Crypto.com, has announced a new layer 2 platform built for the Ethereum network. Cronos Labs has now joined a growing list of services working on improving Ethereum’s scalability by building and launching off-chain networks. The platform is initially available as a public testnet. 📖 Closing the year with a new #CROFam chapter: Introducing the Cronos zkEVM Chain…

Eclipse Fi aims to usher new era for defi token launches

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. The Cosmos ecosystem has been gaining traction of late, partly due to its community’s decision to slash the inflation rate cap from 20% to 10% but also due to the growing adoption of DYDX, Celestia, and Kuji. Native issuance of USD Coin (USDC) via Noble and CCTP built on a Cosmos SDK chain has benefited the ecosystem. One…

Coinbase launches spot crypto trading on international exchange

Coinbase is introducing spot cryptocurrency trading on its international exchange, marking a significant step towards its global expansion strategy.  Starting Dec. 14th, institutional traders can engage in Bitcoin (BTC) and Ether (ETH) transactions, paired with the USDC stablecoin. Greg Tusar, who leads institutional product development at Coinbase, emphasized the strategic importance of offering both spot and derivatives trading concurrently in an interview with Bloomberg.  We are excited to announce the next phase of our Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers, designed to…

S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review

S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors. The S&P Global Ratings introduced a stability assessment for stablecoins on Tuesday. According to S&P Global, the idea is to determine how truly “stable” the coins are in maintaining their pegs to whatever fiat they are tied to. In total, the producer of the S&P 500 assessed eight stablecoins. They include Dai (DAI), Gemini (GUSD), First Digital USD (FDUSD), Tether (USDT), Frax (FRAX), Pax (USDP), USD Coin…