And I think we kind of see the progression over the last decade as working through the first three phases of what we consider our master plan, which was like, build the protocols Bitcoin Ethereum, build the exchange so people get money into those protocols, build the consumer interface, and so people can start using those protocols. But we’ve kind of gotten stuck on phase four, like we don’t have millions and billions. That’s just not where we are as an industry. And so what’s in it for Coinbase is…
Tag: Launches
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
USD Coin (USDC) issuer Circle has released a beta version of a multi-party computation wallet (MPC) service, according to an Aug. 8 announcement. The new service will allow developers of DeFi apps, Web3 video games, e-commerce services, and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche, and Polygon. Building crypto apps is still too hard. Plus, less than 0.5% of the 100 million developers worldwide are actively building crypto apps today. This needs to change. Our new wallet-as-a-service developer…
OpenAI launches web crawler ‘GPTBot’ amid plans for next model: GPT-5
Artificial intelligence firm OpenAI has launched “GPTBot” — its new web crawling tool which it says could potentially be used to improve future ChatGPT models. “Web pages crawled with the GPTBot user agent may potentially be used to improve future models,” OpenAI said in a new blog post, adding it could improve accuracy and expand the capabilities of future iterations. A web crawler, sometimes called a web spider, is a type of bot that indexes the content of websites across the internet. Search engines like Google and Bing use them…
Decentralized asset management system launches for Arbitrum, Optimism
Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians. The app’s launch is initially taking place on the Abitrum and Optimism networks. Valio previously launched in a whitelisted version on July 24, but the new public version unveiled on Aug. 7 does not require managers to be approved in advance. Valio user interface. Source: Valio In a conversation with Cointelegraph, Valio…
Massachusetts launches probe into AI in securities industry
Massachusetts securities regulators have started a new investigation into the use of artificial intelligence (AI) in the securities industry, after becoming increasingly concerned about the implications. On Aug. 3, Massachusetts Secretary of the Commonwealth William Galvin officially announced an investigation into the ways in which firms may be using AI in their interactions with Massachusetts investors. Galvin’s securities division on Aug. 2 sent letters of inquiry to a number of registered and unregistered firms known to be using or developing the use of AI for business purposes in the securities…
‘Computer language that anyone can read’ launches Aeternity compiler
Smart contract computer language Lexon (LEX) launched a compiler on Aug. 3, allowing developers to write contracts in Lexon and have them be converted into Solidity, Sophia or JavaScript, according to statements made to Cointelegraph by Lexon founder Henning Diedrich. The compiler runs on the Aeternity (AE) blockchain network and charges LEX tokens as payment for each compilation cycle. Dubbed “the computer language anyone can read,” Lexon is a computer language intended to seem like an ordinary written or spoken language. Specifically, the current version is developed to look and…
Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch
Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as Base’s “official” release date. The team will award over 100 Ether (ETH), worth approximately $184,000, in grants to developers and content creators as part of a month-long launch event called the “Onchain Summer.” Base is now open for bridging Base opens for everything on August 9 We’re helping throw an…
ICP-based blockchain chat app launches ‘Communities’ to compete with Discord
Blockchain chat app OpenChat has enabled users to create Discord-like servers called “Communities,” according to an Aug. 2 announcement. Early UX prototype for OpenChat Communities. Source: OpenChat OpenChat is a blockchain-based chat app running on the Internet Computer (ICP) network. It facilitates mostly crypto-oriented chat groups, including some with a few thousand members. LootMoneyArmy (3,201 members), Magnetic (2,703 members) and DFinityVN (2,597 members) are some examples of OpenChat groups. The app’s development team first announced the Communities feature in February. At the time, they observed that users were employing OpenChat…
Etihad Airways Launches Staking for Miles Through Web3 Loyalty Program Horizon Club
The original EY-ZERO1 collection granted holders exclusive benefits, including Etihad Silver Tier status for one year and access to an NFT holders’ event at the Yas Marina Circuit Formula 1 race. The new collection offers an expanded list of digital and real-world rewards, including a 12-month Etihad Guest Silver Tier Status, priority check-in, a 25% boost when earning Etihad Guest Miles, lounge access at Abu Dhabi International airport, membership to the Etihad: Virtual Club, a fast-track to go from Silver to Gold Tier status and a customized Etihad membership card.…
US crypto bills on the move, Worldcoin launches, Russia’s CBDC…
Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act, which establishes rules for crypto firms on when to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The panel also approved the Blockchain Regulatory Certainty Act,…