Search Results for: VELO

Marc Andreessen advocates for competition and open-source AI accessibility, while emphasizing collaboration between governments and the private sector to address AI’s potential risks. Balancing rapid development with judicious use and regulation is critical for AI’s future advancements.

Web3-native gaming platform HyperPlay recently secured $12 million in Series A funding, emphasizing its commitment to fostering an open, developer-friendly environment. The platform features popular Web3 games and integrates traditional video game listings, catering to PC gamers seeking a comprehensive experience. However, potential challenges such as NFT integration and asset volatility persist in the emerging Web3 gaming sector.

Tech developers entering the blockchain space should focus on understanding fundamental concepts like decentralization, consensus mechanisms, and smart contracts. Engaging with the community, leveraging resources, and prioritizing user experience are crucial to becoming vital members of this ever-growing industry. Continuous learning is necessary as the landscape evolves rapidly.

Velodrome DEX is set for a significant upgrade on June 15th, improving user experience, security, and introducing new features. As the largest DEX on Optimism layer 2 network, the redesign includes better smart contract architecture amid recent VELO price drops. Its long-term outlook remains positive, emphasizing continuous innovation and unpredictable market nature.

Fantom has implemented a “dApp Gas Monetization Program” to reward projects using its network and contribute to gas fee usage. Eligible applications will receive 15% of gas fees generated, encouraging high-demand application development and fostering a thriving ecosystem on Fantom’s blockchain platform.

Solana’s dominant NFT protocol Metaplex implemented controversial network fees, leading to negative reactions and calls for forks. However, these fees could potentially drive developers back to Ethereum which has navigated similar challenges without creating friction among users.

Cardano tackles key projects including network issues, decentralized exchange swaps, and dApps, leading to a 1% increase in ADA value. With improvements in nodes, networking, and ledger, the network’s performance sees a considerable boost, positively impacting the overall price of ADA.

Blockchain platform Sort raised $3.5 million in seed funding to expand its team and product suite, and expedite the launch of its full stack for blockchain contract UIs. Sort simplifies website and front-end creation for blockchain applications and offers a complete toolkit for developers.

This week in crypto, Ledger introduced a wallet recovery service, ETH staking demand soared, Tether invested in Bitcoin, and Samsung partnered with the Bank of Korea for CBDC research. Additionally, Ripple acquired Metaco, and a Uniswap survey highlighted the need for DeFi simplification.

The ongoing legal battle by Craig Wright, claiming to be Satoshi Nakamoto, challenges open-source development principles and potentially threatens the cryptocurrency ecosystem. Wright demands backdoor blockchain access, which could have significant consequences on software development, fiduciary duty, and free speech.

The Joint L1 Task Force has successfully completed the v2.0.1 upgrade to the Terra Classic blockchain, introducing new features and security updates. In response, LUNC’s price surged by 3%. The next significant upgrade, Cosmwasm v1.1.0, is slated for May 31, aiming to bring utility across Cosmos and Terra Luna 2.0.

Bitcoin experiences a 3% increase amid optimism surrounding a potential US debt-ceiling deal and rallying equity markets. Ripple develops a CBDC platform enabling institutions to issue digital currencies. Meanwhile, the Bitcoin Frogs NFT collection gains traction as the most traded within 24 hours.

A recent Reuters/Ipsos poll shows 61% of Americans view artificial intelligence (AI) as a threat to humanity. This concern stretches across industry leaders like Elon Musk and Warren Buffett. Calls for regulation, transparency, and cooperation emerge to balance AI’s benefits and potential risks.

This article discusses the importance of Plutus Application Backend (PAB) frameworks in streamlining Cardano’s decentralized application (dApp) development process. PABs enable developers to interact with the Cardano blockchain and execute smart contracts, and four significant PAB solutions currently serve the Cardano ecosystem: IOG PAB, Atlas, Lucid, and Mesh.

Anthropic, led by former OpenAI researchers, is developing an AI chatbot called Claude that aims to differentiate between good and evil with minimal human intervention. Informed by ethical guidelines like the Universal Declaration of Human Rights, Claude manages over 100,000 tokens of information for complex conversations and tackles the ethical challenges faced by AI.

Indie game developer Equilibrium Games introduces their debut title, Blight’s Wrath, a free-to-play PC game inspired by classic RPGs. Implementing blockchain technology and featuring NFTs as optional in-game elements, the game offers players opportunities to earn the proprietary ‘EQ’ token.

Smart-contract registry Cookbook raised $2 million from investors like MaC Venture Capital and Tagus Capital to support Web3 developers and simplify their development process. The platform will offer essential resources, open-source smart contract templates, and free educational content, aiming to be an indispensable ally in decentralized application development.