Tag: Launches

El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

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El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February. Bukele, a Bitcoin advocate, received strong support from the public on Oct. 26 after he was officially nominated by his party to run for re-election. “Five more [years], five more and not one step back,” Bukele said in a speech in front of thousands of El Salvadorans. “We need five years to continue improving our country,” he added. | ÚLTIMA HORA: Al grito de “cinco más, cinco más y ni…

Fable series creator launches web3 game on Gala Games

Peter Molyneux’s new play-to-earn blockchain game Legacy wants to reinvent the gaming experience with non-fungible tokens. Legacy, a web3 business simulator and city management game from Peter Molyneux, best known for the Fable series, is now live on Gala Games for PC and Mac. The video game developed by the 22Cans studio is based on the GalaChain blockchain. It allows players to store and bridge in-game items to and from the Ethereum (ETH) blockchain for trade on secondary NFT markets like OpenSea, Rarible, and Magic Eden. Legacy gameplay | Source:…

dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native DYDX tokens. The dYdX Chain is set to distribute all fees to validators and stakers in USD Coin (USDC). This includes trading fees denominated in USDC as well as gas fees for DYDX-denominated transactions or USDC-denominated transactions. The proof-of-stake (PoS) blockchain network was built using Cosmos’ software development kit and makes use of CometBFT as its consensus protocol. Validators stake DYDX in order to secure the blockchain and…

Solana Labs Launches Web3 Incubator Program

Solana Labs is inviting startups to take part in the Incubator program. They have time till November 30 to submit their applications. Ecosystem builder Solana Labs has announced the launch of its Solana Web3 Incubator program. Speaking on the development, the Product Manager at Solana Labs, Emon Motamedi noted that Web3 start-ups require time and resources to build new solutions that benefit their audience. Motamedi identified that these founders frequently face challenges relating to Web3 integrations and fundraising. “Our priority is to remove the biggest obstacles currently facing founders so…

dYdX Chain Launches Mainnet as Independent Cosmos Layer 1

This shift denotes a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx. dYdX Chain has marked a major milestone by officially launching its mainnet as an independent Cosmos Layer 1 blockchain. This launch, which occurred with the creation of the genesis block by validators on October 26 at 1 p.m. EST, represents a monumental step forward for the leading decentralized derivatives trading platform. The mainnet activation signals the transition to dYdX version 4 and its new…

UN launches international effort to tackle AI governance challenges

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The United Nations Secretary-General, António Guterres, revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI), on Thursday, Oct. 26. According to the announcement, the roster comprises individuals ranging from tech industry leaders, government representatives spanning from Spain to Saudi Arabia, and scholars hailing from nations like the United States, Russia, and Japan. Executives from prominent technology companies include Hiroaki Kitano, who holds the position of chief technology officer (CTO) at Sony, Mira Murati, CTO of OpenAI, and Natasha…

Astar Network launches zKatana layer-2 scaling solution on public testnet

The Astar Network, a smart contract platform for multi-chain, announced the launch of its zero-knowledge (ZK) Ethereum layer-2 solution, zKatana, to enhance interoperability with Ethereum-compatible chains. The zKatana testnet zKatana refers to the project’s Japanese roots, which depict a served blade used by feudal samurais in combat. The project is a zero-knowledge EVM (zkEVM) scaling solution on Ethereum (ETH) designed to increase interoperability between Astar and EVM-compatible chains. The layer-2 zkEVM solution is an addition to the tech stack of the Astar Network, comprising a variety of tools and products that…

Binance Crypto Exchange Launches Futures Trading for Ethereum-Based Altcoin That’s Surged Over 50% in a Week

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The world’s largest crypto exchange platform by volume is launching futures trading for one Ethereum (ETH)-based altcoin that’s jumped over 50% in a week. In a new announcement, crypto exchange Binance says that it will be launching futures contracts with up to 50x leverage for Powerledger (POWR), a decentralized energy market built on top of ETH that democratizes energy tokens. According to Powerledger’s official website, the crypto asset aims to aid the decentralization of the energy grid, help transition toward renewable energy, and help consumers keep track of their power…

Horizen Launches EON for Web 3.0 Developers on Mainnet

As an emerging solution, Horizen has highlighted that EON is open to partnerships and integration but only with firms and protocols that resonate with its core values. Fast-growing Layer-0 public blockchain Horizen has hit a major milestone with the mainnet launch of Horizen Ethereum Open Network (EON). Notably, Horizen EON is a smart contracting sidechain platform fully compatible with Ethereum Virtual Machine (EVM). It is designed to play a crucial role in the revolution of We b3.0 and to empower the next generation of developers.   The new solution is designed…

Solana Labs launches Web3 incubator offering dev and fundraising support

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Solana Labs unveiled an all-new incubator program for project development on the Solana blockchain on Oct. 26.  Title simply “Solana Incubator,” the program will offer fundraising, development, networking, and marketing support for web and blockchain projects seeking to build on Solana’s platform. Building a web3 startup on the Solana network? ️ Today, @SolanaLabs introduces their Solana Incubator, so you can get hands on technical, go-to-market, and funding support! Learn more and apply https://t.co/W10WnEgDwQ — Solana (@solana) October 26, 2023 The Solana Incubator will accept applications through Nov. 30. Those accepted…