Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience. New AI on the Block: Venice […] Source CryptoX Portal
Tag: Platform
Revolut X, New Cryptocurrency Exchange Platform, to List Dash
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate from Revolut’s main banking app, is designed to provide […] Source
Decentralized Options Platform Lyra Unveils Tokenized Derivatives Yield for LRT Holders
Users only need to deposit rswETH and eETH in Lyra and mint a yield-bearing derivative token, which then automatically executes a predefined yield-bearing strategy on-chain. In other words, any yield-bearing strategy can be automated and packaged into a composable ERC-20 token, which can be used elsewhere. Source
Web3 Platform Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million from funders including Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday. Source
Untangled, a Tokenized Private-Credit Platform, Opens Its First USDC Lending Pool on Celo
The pool, structured under Luxembourg’s securitization regulations with a debt ceiling of $6 million at the start, lets accredited investors deposit the USDC stablecoin and will provide capital to Karmen, which specializes in providing instantaneous loans and working capital to small and medium-sized digital enterprises in France, according to a press release. Source
Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App ‘Kiosk’
Paragraph founder Colin Armstrong says that his product differed from Mirror, at least initially, in that it tried to appeal more to a Web2 audience. Armstrong, who has written for tech publications in addition to working as an engineer at Google and Coinbase, says he also focused his product more on referral programs and other features to help authors widen their distribution. Mirror, meanwhile, managed to develop a stronger brand and design language, said Armstrong. Source
MicroStrategy to build a Bitcoin-based decentralized identity platform
MicroStrategy has announced plans to launch a decentralized identity solution on the Bitcoin (BTC) network that stores and retrieves information using Ordinal-based inscriptions. MicroStrategy executive chairman Michael Saylor announced the solution, named ‘MicroStrategy Orange,’ at the company’s Bitcoin For Corporations conference on May 1. Saylor explained that the solution’s purpose is to provide trustless, tamper-proof, and durable decentralized identities by solely utilizing the public Bitcoin blockchain. “[Its aim is to] deliver trustless, tamper-proof, and long-lived decentralized identities using only the public Bitcoin blockchain as a data source,” according to an unauthorized draft of the solution released…
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind […] Source CryptoX Portal
Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins” – Blockchain News, Opinion, TV and Jobs
Dubai, United Arab Emirates, April 24th, 2024, Chainwire “Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption. Bandit Network, a leading provider of White-Labelled Quest solutions with Points SDK, proudly announces its collaboration with Astar Network to power the ongoing “Yoki Origins” journey. Launched on March 8th, this innovative user onboarding journey coincides with the mainnet release of Astar zkEVM, a Layer 2 scaling solution for Ethereum. This collaboration represents a significant milestone…
Aptos Labs Teams Up With Microsoft, SK Telecom For New Institutional Platform, APT Soars 3%
In a notable collaboration, Aptos Labs, the developer of the Aptos (APT) Layer-1 (L1) blockchain, announced a partnership with tech giants Microsoft, Brevan Howard, and South Korean telecommunications company SK Telecom for a new decentralized finance (DeFi) platform. Aptos Labs Unveils Aptos Ascend The announcement, made on Thursday, revealed that Aptos Labs is launching Aptos Ascend, which will leverage the technologies of cloud computing platform Microsoft Azure, Azure OpenAI service, and SK Telecom while benefiting from the expertise of Brevan Howard and Boston Consulting Group (BCG) to provide digital currency…