Tag: Launches

Scroll Launches zkEVM Mainnet | Blockchain News

On October 17, 2023, Scroll, an open-source, community-centric Ethereum scaling solution, unveiled its mainnet, marking a pivotal stride towards augmenting scalability and propelling developer adoption on the Ethereum blockchain. This comes after two years of extensive development and stringent testing, utilizing zero knowledge (zk) proofs to offload computation from the primary blockchain, thereby addressing the challenges of rising network traffic and costs on Ethereum due to its burgeoning user and project base. Scalability Unleashed Employing zk proofs, Scroll has innovated a mechanism that significantly boosts transaction throughput, by expediting transaction…

BNB Chain launches data storage solution Greenfield

The BNB Chain ecosystem has launched the mainnet of its highly anticipated Greenfield, marking a major milestone in decentralized data storage and management. Greenfield is a novel blockchain specialized for decentralized data storage that allows users to upload files and data, set customized access controls and store information redundantly across a decentralized network of storage providers. According to a recent announcement shared with crypto.news, Greenfield introduces a network architecture and economic model that gives users control over their data in Web3. Crucially, Greenfield data is not stored directly on the…

Binance Futures launches perpetual contract with 50x leverage

Binance Futures, a prominent player in the cryptocurrency sector, is poised to enhance its offerings with the introduction of a new product. As of Oct. 15, Binance Futures has enabled crypto traders to tap into a new financial instrument, which allows for trading leverage up to a reported 50 times. According to Binance, the BOND/USDT Perpetual Contract, backed by the BarnBridge (BOND) token as its underlying asset and having Tether (USDT) as its settlement asset, presents a new opportunity for crypto enthusiasts. It operates 24/7, ensuring continuous trading availability for…

Tencent launches credit solution for digital yuan

WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform. The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the digital yuan as the payment tool for companies that utilize the new platform. The new solution will imply the Tencent Blockchain platform technology, a scalable blockchain infrastructure that supports various applications and scenarios. The new initiative will combine elements such as the smart contract engine, the digital yuan wallet, and…

European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In this week’s newsletter, European securities regulators have published a report on the DeFi ecosystem that lists the risks it poses to the European Union’s financial system — but also highlights the benefits of DeFi. Uniswap has launched Android wallet beta on Google Play, with the app gaining popularity among desktop and Apple iOS users. DeFi platform Star Arena recovered 90% of…

China Launches Its First Industrial Park for Digital Yuan CBDC Development

Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion. The first industrial park has been opened in the Luohu district of Shenzhen, China, with a focus on developing China’s Central Bank Digital Currency (CBDC) – digital yuan or e-CNY. The official launching ceremony of the park was held on October 11. As was revealed by Shu Yumin, the Communist…

Largest DEX Uniswap Launches Beta Wallet App for Android on Google Play Store

The freshly introduced Uniswap Android beta app offers a feature that enables users to choose coins from various blockchains without the need to manually switch networks. On Thursday, October 12, decentralized crypto exchange Uniswap unveiled a closed beta Android version of its wallet app. This is the first time that Uniswap is bringing an application interface for users. So far, it was only available on the PC and iOS mobile devices. Uniswap stands as the leading decentralized cryptocurrency exchange globally in terms of cumulative trading volume, having facilitated over $1.7…

Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs

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Character.AI Launches Group Chat for Users to Converse with Multiple AI Companions

Users subscribed to Character.AI’s $10 plan can now access the group chat for feedback and improvements, before public release. Chatbot startup Character.AI is launching a new group chat feature for subscribers. The firm, backed by venture capital giant Andreessen Horowitz (a16z), has introduced a group chat where the app’s users and friends can simultaneously converse with multiple AI characters. Character Group Chat Helps Users Collaborate with AI Character.AI is a chatbot platform that allows users to customize AI companions with specific personalities. The new Character Group Chat lets users start…

CoinMarketCap launches ChatGPT plugin

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Crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, has created a novel plugin for the large-language model (LLM)-based AI chatbot ChatGPT. According to the Oct. 11 announcement, users can access the feature by signing in to their ChatGPT Plus account and simply enabling the plugin, allowing them to ask the LLM a variety of crypto-related questions. There is no additional fee to use the plugin, aside from the $20-per-month subscription fee for ChatGPT Plus. “The base ChatGPT has limited use to crypto enthusiasts, as data is mostly restricted up…