“AI is made for decentralization – in fact, the future of this technology hinges on its ability to assert independence from the handful of powerful tech giants who control each input and output. I’m excited to join the Ritual team as an adviser to ensure the burgeoning AI economy has access to a more censorship-resistant, collaboration-powering technology than we currently have,” Arthur Hayes said. Source
Libra is looking to go live in the first quarter with a hedge fund type of asset of the sort Brevan Howard focuses on and, on the Hamilton Lane side, a private credit fixed-income type product, Sehra said. Thereafter, the roadmap for later this year includes collateralized lending and separately managed accounts, allowing users to balance portfolios on-chain. Source
Mercari, a leading online community marketplace in Japan, plans to introduce Bitcoin (BTC) as a payment option for its platform users by June 2024, a report from Japanese media outlet Nikkei confirms. According to a report in Japan’s Nikkei, Mercari — an online community and marketplace — will allow users to pay with Bitcoin at the final stage of purchase. In addition, Mercari will allow users to convert their loyalty points to Bitcoin, linking its main platform with its digital currency trading service. As one of Japan’s top online shopping…
Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds are secure. Despite this, the hacker refutes the claims, labeling them as “all lies” and is now demanding an additional ransom for user data. According to Thunder’s incident report on December 27, no private keys…
Binance has introduced Sleepless AI as the 42nd project on its Launchpool. Sleepless AI is a web3 and AI-integrated gaming platform offering a new interactive gaming experience. The platform allows users to engage with AI-based features in a game setting. The platform will go live tomorrow, enabling users to stake BNB, FDUSD, and TUSD to earn AI tokens over a seven-day period. The AI tokens will be tradable on Binance starting Jan. 4, with several trading pairs available, including AI/BTC and AI/USDT. The total supply of AI tokens is set…
As the crypto industry sees more institutional adoption, there will be a greater need for accounting and taxation reporting tools similar to the ones companies can access in the traditional financial world. TRES is looking to provide such firms with a “comprehensive way to get the full & accurate picture across all of their Web3 financial activity,” co-founder and CEO Tal Zackon said in the statement. Source
Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is building the upcoming ecosystem on Gelato’s Rollup, and powering it via Optimism’s OP Stack. Why Lisk Is Integrating Ethereum The move was born out of research carried out early this year, while trying to expand…
The value proposition of RepubliK goes beyond mere token transfer as users can experience a full-blown social media content-sharing ecosystem that rivals what is on offer on Instagram and TikTok among others. SocialFi startup RepubliK has entered into a strategic partnership with The Open Network (TON) in a bold attempt to bring the dissimilar worlds of Web 2.0 and Web 3.0 together. As contained in a Press Release shared with Coinspeaker, the collaboration will kick off fully in the secondary quarter of 2024 with the ultimate focus on user experience.…
“Unlike other businesses that have attempted to disintermediate the brokerage industry, our FCM offers wholesale digital asset-related services and support to our brokerage partners, institutions, and dealers,” he said. “Now that the licensing process is complete, we can shift our focus to expanding Bitnomial’s product offering and customer base.” Source
According to the governance post, the protocol will hold voting in two days about the list of supported Omnipool assets, whitelisted Curve pools for each Omnipool and initial liquidity allocation weights. Once the votes conclude, a separate governance proposal about the v2 deployment will include new features, reimbursement schemes and incentives. Source