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New Developments Happening in the Blockchain Space: 25-11-2024

Posted by Simon Keighley on November 25, 2024 - 8:27am

New Developments Happening in the Blockchain Space: 25-11-2024

New Developments Happening in the Blockchain Space 25-11-2024


AI Regulation, Global Governance and Challenges

The spontaneous pace of innovative growth in AI technologies over the past few years has continued to provoke a spectrum of reactions, ranging from curiosity and enthusiasm to concern and outright fear.

One thing, however, is fairly certain – there is an ongoing global race for AI dominance.

On the one hand, this is fueled by the comparative drop in computing costs, and on the other, by the rapid adoption and application of AI tools by users in varying capacities.

Business owners, companies and professionals in different sectors are coming to terms with the massive potential for growth, cost efficiency, reduction in human error and improved profit margins that AI offers.

At the same time, the risks and inherent danger of ‘Wild West’ AI have become so apparent, necessitating the need for regulation and AI governance. Read More


 

Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform

Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. 

The founder of Ethereum software solutions provider Consensys, Joseph Lubin, announced the launch of a new project called Network State where people can declare their “personal sovereignty.” 

“We’re on the verge of a paradigm shift that will be heard around the world,” said the Ethereum co-founder in a post on X unveiling the new platform on Nov. 14.

Lubin said Consensys is “on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy.”

He added that for years, the crypto industry has been “living in fear” and unable to engage in activities that “should be natural” for Web3 companies. 

“We’ve been operating in a climate of regulatory uncertainty, with gaslighting and carpet bombing from the SEC stifling our progress.”

Speaking to Cointelegraph at the Ethereum Devcon event in Bangkok, Thailand, Lubin said “We’ve been living in a gas-lit world for a long time, generously gas-lit by the SEC,” before adding: 

“It’s hard for a technology ecosystem to operate under uncertain, overreaching, regulatory uncertainty at worst, and what appeared to be a strategic and concerted attempt to either kill slow or co-opt the progress of our industry.” Read More


 

Tether Launches Hadron Amid $6.5B Tokenization Boom for Real-World Assets

Hadron plans to let users tokenize a wide variety of assets, including stocks, bonds, stablecoins, and loyalty points.

Stablecoin giant Tether has launched Hadron, a tokenization platform for digital and real-world assets, amid a boom in tokenizing financial instruments on decentralized networks. 

Hadron lets users tokenize various assets, from stocks and bonds to stablecoins and loyalty points, Tether said Thursday in a statement.

The platform also offers tools for issuing and managing the full life cycle of digital tokenized assets, with the aim of facilitating the process of tokenizing assets for both individual and institutional investors, according to the company.

Real-world asset tokenization is the process of converting ownership rights of physical assets into digital tokens on a blockchain.

The tokens represent fractional or full ownership of the asset, allowing it to be bought, sold, or traded more easily in digital markets while providing increased liquidity, transparency, and accessibility.

“Traditional finance institutions have always pushed for closed ecosystems that are opaque to citizens,” Tether CEO Paolo Ardoino said in the statement. “By leveraging all of Tether’s technology—which today has already secured 125 billion dollars—we’re making asset tokenization easier, secure, and scalable.” Read More


 

How a popular crypto exchange empowers traders with customization and efficiency

This crypto trading platform introduces unique features to the market that are designed to meet the fast-paced needs of users.

Phemex is a crypto spot and futures trading platform designed to offer flexibility and efficiency. For both spot traders and those looking to trade crypto futures, Phemex provides a secure, user-friendly platform. The platform is home to an extensive suite of unique tools crafted to enhance user control and minimize the risks associated with the traditional cryptocurrency trading experience.

Recognizing the importance of portfolio diversity and organization, Phemex allows users to create multiple watchlists to track varying trading strategies. Users can edit portfolio names to ensure clear identification and simplify management. Traders can also arrange the sequence of watchlists and trading pairs to prioritize specific assets. Multiple watchlists significantly reduce the likelihood of errors and help to improve trading performance.

The Basket Order feature is another nifty tool to simplify the trading process. It enables traders to consolidate multiple trades into a single, streamlined process. With Basket Order, users on Phemex can add all trading pairs in a watchlist on an order with a single click, or build their combined order manually.

Traders completely control the trade as they can set a wide range of parameters, including allocation, entry price and even leverage. The feature allows users to save time when managing multiple trades and capitalize on favorable market movements. Read More


 

The Markethive Customer Acquisition System Integration Moves Forward, Spearheaded By Blugenics Master Distributor.

As the appointed Master Distributor for Blugenics, Chris Corey brings a wealth of experience and a clear vision for the future of Markethive. He recognizes the power of the social market broadcasting platform and its unparalleled ability to drive customer acquisition through innovative marketing solutions. Chris is not just a figurehead, but a seasoned professional leading the integration process. His leadership assures aspiring entrepreneurs that they can leverage the platform's capabilities to amplify their business growth and reach new heights.

This article highlights our interview with Chris, in which we discussed Blugenics and why he feels Markethive is the perfect fit to integrate a customer acquisition system. Chris's confidence in Markethive's unique and proven marketing practices and strategies, such as its comprehensive suite of tools and focus on customer engagement, is evident, reassuring us of this integration's success.   

Chris Corey is a long-standing member and user of Markethive. Over the years, he has leveraged the platform's diverse range of products and services, which have served him well in building and promoting his business. Throughout his journey, he has remained on the lookout for a solution that embodies Markethive's customer-focused ethos, with a customer-centric product that he could showcase the power of Markethive. Read More


 

Trump’s World Liberty Financial taps Chainlink as oracle provider

World Liberty Financial’s WLFI token is only available to accredited investors inside the United States and non-US residents.

President-elect Donald Trump’s decentralized finance platform, World Liberty Financial, has announced an integration with Chainlink’s price feeds to provide real-time, tamper-proof data to the DeFi project.

According to a Nov. 14 announcement, World Liberty Financial will leverage Chainlink oracles on the Ethereum mainnet to power the platform’s launch — based on an Aave v3 instance. Following the integration, Eric Trump, Web3 ambassador at World Liberty Financial and the son of the president-elect, had this to say:

“World Liberty Financial’s partnership with Chainlink marks a huge step forward. Never before have we been more bullish on crypto or the overall future of DeFi technology.”

World Liberty Financial’s choice to integrate Chainlink as an oracle provider follows yet another successful pilot test with the SWIFT interbank messaging system and further growth of the Chainlink ecosystem. Read More


 

What a decentralized mixture of experts (MoE) is, and how it works

With traditional models, everything is handled by one general system that has to deal with everything at once. MoE splits tasks into specialized experts, making it more efficient. And dMoE distributes decision-making across smaller systems, which helps when you’re working with big data or a lot of machines.

Traditionally, machine learning models worked by using one big, general-purpose model to handle everything. Imagine a single expert trying to handle every task: It might be okay at some things, but not great at others. For example, if you had a model trying to recognize both faces and text in the same system, the model would have to learn both tasks together, which could make it slower and less efficient.

With MoE, instead of having one model try to do everything, you break the work into smaller tasks and specialize the model. Think of it like a company with different departments: one for marketing, one for finance and one for customer service. When a new task comes in, you send it to the relevant department, making the process more efficient. In MoE, the system chooses which expert to use based on what the task needs — so it’s faster and more accurate.

A decentralized mixture of experts (dMoE) system takes it a step further. Instead of one central “boss” deciding which expert to use, multiple smaller systems (or “gates”) each make their own decisions. This means the system can handle tasks more efficiently across different parts of a large system. If you’re dealing with huge amounts of data or running the system on many different machines, dMoE helps by letting each part of the system work independently, making everything faster and more scalable. 

Together, MoE and dMoE allow for a much faster, smarter and scalable way of handling complex tasks. Read More


 

Coinbase CEO Says Crypto at the Dawn of New Era, Offers ‘Big Reason’ Why People Are Flocking to Bitcoin

The CEO of the largest crypto exchange in the US thinks the digital asset industry is entering a new phase.

In a new interview on CNBC, Brian Armstrong says that Donald Trump’s successful bid to return to the White House and the victory of pro-crypto legislators in the recent elections will be bullish for crypto.

“It’s really the dawn of a new crypto era with this election that just happened because it’s the most pro-crypto congress ever… We couldn’t be in a better position to finally get some clarity and start to rebuild the crypto industry in America again.”

He says Bitcoin (BTC), which recently hit a new record high above $90,000, has more room for growth even as people become aware that there are other assets in the crypto space.

“I think Bitcoin will be the most important crypto asset for a long time. It’s got a lot of runway to move as well.”

He also says the economic issues the US is dealing with drive the surging demand for the flagship crypto asset.

“There’s a massive issue in the United States with the deficit, with inflation and I do think that Bitcoin is a check and balance on irresponsible deficit spending. To really extend the American experiment for a couple hundred more years,  it’s important that we don’t devalue the dollar, lose the reserve currency status and that’s a big reason why people are buying Bitcoin now.” Watch the podcast


 

Telegram Game 'Major' Reveals Token Launch Date Amid Airdrop Push

Telegram crypto game Major will release its token on The Open Network (TON) this month, with its airdrop likely to follow closely behind.

Telegram game Major has finally revealed when its hotly anticipated token will launch on The Open Network (TON). Players have spent months engaging with the mini app in the hopes for a healthy chunk of a future airdrop, which will likely closely follow the token launch.

Major is a simple take on the tap-to-earn genre that has dominated Telegram gaming this year. Rather than hiding the genre’s social tasks behind a clicker game, like other games such as Hamster Kombat have, it pushes this viral mechanic to the forefront—becoming more of an engagement machine than a fully-fledged game. 

Still, the Telegram mini app has seen major (pardon the pun) success, with the project claiming in August that it had reached 30 million players. This is because the Major team has repeatedly told players that improving their in-game rating would correlate with how much of the future token they’ll receive. Read More


 

Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.

Featured Image Source: Pixabay

 

 

 

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