Cryptocurrency

This article was originally published on U.Today More

Aleph Zero announces significant ecosystem advancements: the first EVM-compatible ZK-Privacy Layer capable of generating zero-knowledge proofs in under one second on consumer-grade devices and zkOS, a product suite for seamless integration of on-chain privacy into various Web3 applications.The Aleph Zero Foundation is excited to announce the testnet release of its ZK-privacy EVM Layer 2 solution powered by Arbitrum Orbit on Gelato RaaS. This marks the first EVM-compatible privacy solution capable of subsecond ZK proving times, significantly enhancing the end-user experience by making on-chain privacy virtually instantaneous.Aleph Zero also revealed its long-term strategy to develop zkOS: a client-side, chain-agnostic zero-knowledge privacy system. zkOS aims to offer Privacy-as-a-Service (PaaS) via seamless app integrations on WASM and EVM-compatible networks. These initiatives open Aleph Zero’s ecosystem to a broader range of EVM users and mark its first step towards potential multichain growth.With zkOS, users can conduct private transactions and interact with dApps without compromising their data. This system enables high-throughput applications, such as privacy-preserving DeFi apps, RWAs, AI, and enterprise solutions, broadening the reach of privacy technologies to a wider audience.The new ZK-privacy EVM Layer 2 Developer Testnet is now live, inviting builders and early adopters. Integration examples include Rarible, the NFT company, and a yet-to-be-announced team working on novel prediction markets. The Developer Mainnet release is scheduled for Q3 2024.Aleph Zero EVM, a ZK-privacy Layer 2 rollup on Ethereum, is built in partnership with Gelato, leveraging Arbitrum Anytrust DAC technology for a fast, secure, and scalable execution environment. It boasts up to 250ms block times with near-instant transaction finality and processes thousands of transactions per second, making it one of the fastest EVM chains on the market.Aleph Zero’s zkOS uses the Halo2 with KZG commitment scheme for speed and a universally trusted setup. Although it requires more developer effort than alternatives like Noir or Risc0, Aleph Zero’s zkToolkit simplifies zkOS integration, ensuring high performance and ease of use across existing apps in both Aleph Zero and Ethereum ecosystems. Initial benchmarks show zkOS zero-knowledge proofs can be executed in 600-800 ms on standard devices using browsers like Safari or Chrome.About Aleph ZeroAleph Zero is a privacy-first ecosystem of blockchain solutions engineered for speed, data confidentiality, and ease of development, supporting development across WASM-based Rust and EVM-based Solidity environments. Aleph Zero showcases its adaptability across various sectors and applications, supported by an engaged community and growing ecosystem. For inquiries, users can contact josh@serotonin.co or ana@serotonin.co.ContactPR ManagerJosh AdamsAleph Zerojosh@serotonin.coThis article was originally published on Chainwire More

Multi-year agreement combines Aptos’ blockchain technology and Web3 onboarding guidance provided by Aptos Labs with NBCUniversal’s globally recognized media and entertainment brandsAptos Labs today announced a long-term strategic development agreement with NBCUniversal aimed at revolutionizing fan experiences, loyalty and gaming through blockchain technology and Web3.The agreement will explore integrating accessible blockchain technology and Web3 with NBCUniversal’s properties, connecting fandoms to the content that they love.About Aptos LabsAptos Labs, co-founded by Mo Shaikh and Avery Ching, is dedicated to creating better network tooling and seamless usability to bring the benefits of decentralization to the masses. Having now raised over $400M, Aptos Labs is backed by top-flight investors, including a16z, Jump Crypto, Binance Labs, Dragonfly, PayPal (NASDAQ:PYPL) Ventures, Andreessen Horowitz and Franklin Templeton Investments. For more information: https://aptoslabs.com/About Aptos NetworkAptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information on the Aptos blockchain.ContactComms AdvisorBrian PrincipatoAptos Labsbrian@hirschleatherwood.comThis article was originally published on Chainwire More

Ethereum (ETH), the second-largest coin by market capitalization, also showcases a strong performance, with 83.19% of its holders in profit. Ethereum’s smart contract capabilities and its pivotal role in the DeFi (decentralized finance) ecosystem have significantly contributed to its success. Moreover, the potential introduction of an Ethereum spot ETF could catalyze further price appreciation.Interestingly, meme coins are also making a significant impact on the profitability rankings. Pepe (PEPE) leads the meme coin pack with 80.57% of its holders in profit, followed by Floki (FLOKI) with 76.85%. Dogecoin (DOGE), the original meme coin, boasts a 74.99% profitability rate. These figures indicate that meme coins, often considered speculative investments, have generated substantial returns for their holders.Maker (MKR) and Bitcoin Cash (BCH) round out the top profitable assets, with 75.45% and 72.54% of their holders in profit, respectively. Maker, the governance token for the MakerDAO and the Dai stablecoin system, has been a cornerstone of the DeFi ecosystem. Bitcoin Cash, a hard fork of Bitcoin, continues to attract a dedicated following due to its focus on peer-to-peer electronic cash transactions.This article was originally published on U.Today More

He posted a long-read on X, in which where he revealed several key reasons why he feels very bullish on what is unfolding in the world of cryptocurrency now.Jeremy Allaire believes that crypto represents “the next logical layer of infrastructure for the Internet.” Allaire has watched the internet develop from a nascent trend that hardly anyone believed in or thought they needed at the start, to the world wide web that has been integrated into virtually everyone’s lives, without which people cannot imagine living without.Bitcoin walked on the stage in 2009 and set many to thinking about BTC’s prospects of expanding “to provide a more generalized internet infrastructure that could be foundational to society and the economy.” While before Bitcoin, the internet lacked trust when transferring significant amounts of information, Allaire mentioned, now cryptocurrencies launched on blockchains and smart contracts could actually create a trusted environment that users and developers had been lacking on a global scale.Bitcoin by now has turned into one of the biggest and most powerful alternative investment tools on the market, with the largest Wall Street companies setting up ETFs based on BTC. Stablecoins are also becoming more and more popular, Allaire pointed out.With all this, the world is now in the very early stages of cryptocurrency adoption, he stated, and that is “insanely bullish.”This article was originally published on U.Today More

EasyA, the world’s leading Web3 education app, has confirmed that its community recently surpassed one million developers, and will build off this success with the launch of its Polkadot education campaign. The platform, which educates and empowers developers to create decentralized applications (dApps) and nurture thriving Web3 communities, has become an essential launchpad for the industry’s builders.“Reaching one million developers is a testament to the insatiable appetite for Web3 education, and the incredible talent driving the industry forward,” said Phil Kwok, CEO and co-founder of EasyA. “We are committed to providing the resources and guidance to help these brilliant minds shape the future of the internet.”EasyA’s impact extends beyond education, with winners of its hackathons now valued at over $2.5 billion having been backed by a slew of top VC firms like Andreessen Horowitz (a16z), Founders Fund, Y Combinator, and others. Notable success stories include startups like Axal, an intent coordination network powering autonomous Web3 systems, Cognition, an applied AI lab building end-to-end software agents, and MintStars, a low-censorship content platform where creators and fans earn money through resales.Building on this momentum, EasyA is launching its #180DaysofPolkadot campaign to teach over 40,000 developers how to build dApps on Polkadot and its parachains. Through in-app challenges ranging from introductory to advanced levels, developers can gain hands-on experience in coding, deploying smart contracts, and contributing to open-source projects on GitHub.500 of the top developers will be invited to complete in-app challenges and the campaign will culminate with two major Polkadot-focused hackathons in London (July 20-21) and Harvard (July 27-28), where around 100 projects will be launched. #180DaysofPolkadot is believed to be one of the widest-reaching developer education campaigns in the blockchain’s history.EasyA’s previous hackathons saw tens of thousands of developers complete crash courses and build dApps geared towards solving pressing industry pain points.About EasyAFounded in 2019 by Phil and Dom Kwok, EasyA is the world’s leading Web3 learning app. The platform compels developers to learn about top blockchain projects and launch dApps right from their smartphone, and to follow in the footsteps of EasyA builders backed by some of the industry’s biggest VCs. EasyA also hosts their world-famous hackathons in top cities across the US and Europe, routinely attracting hundreds of builders who fly in to launch their Web3 startups at these landmark events.ContactDominic KwokEasyAdom@easya.ioThis article was originally published on Chainwire More

Supra, a fully vertically integrated Layer-1 blockchain equipped with Multi-VM support, in-protocol oracles, onchain randomness, bridges, and automation, is expanding their oracle protocol’s price feeds catalog to cover real world assets (RWAs) including FX currencies, equities, commodities and more. With the launch of RWA price feeds, Supra continues to play an instrumental role in blockchain’s transformation of financial markets. DORA 2.0 is the latest version of Supra’s industry-leading oracle, and the introduction of RWA price feeds paves the way for new use cases enabled by FX, commodity, and equities data across new and old blockchains, while addressing challenges around Byzantine faults and data integrity for smart contracts in Web3 environments. Supra is powered by their innovative Moonshot consensus mechanism, which brings blazing-fast performance and robust security guarantees to its data feeds. In its advanced global testing phase, Supra demonstrated Moonshot’s ability to process 530k transactions per second in throughput, with 500 milliseconds optimistic finality and ~1.5–2 seconds full block finality, placing it head and shoulders above most other consensus mechanisms. For instance, RWA tokens can be bought and sold without intermediaries, settle almost instantaneously on public blockchains, and interact with existing categories of DeFi apps like lending protocols, all with increased transparency due to the immutability and verifiability of blockchain rails. RWAs also enable fractional ownership of assets such as real estate or fine art. In this way, RWA projects can increase liquidity in traditionally illiquid markets while making a new class of assets accessible to retail investors. “Real World Assets are set to revolutionize the DeFi landscape, and we’re excited to expand our price feeds catalog to FX currencies, equities, and commodities to fast-track the growth of RWAs with unparalleled access and accuracy in real-time data across 80+ chains,” said Supra Co-Founder and CEO Joshua Tobkin. “Together with Plume and Silver Koi, we are committed to bringing cutting-edge solutions that enhance the potential of RWAs in Web3. With this collaboration, we’re not just fuelling the explosion of RWAs in DeFi; we’re also ensuring that our ecosystem is well equipped to harness the immense value they bring,” Tobkin continued.”Supra was the first ever oracle deployed on Plume, and since then we’ve been working closely with the team to integrate novel price feeds from real world financial markets directly with projects in the Plume ecosystem like Silver Koi,” added Eugene Shen, Co-Founder and CTO at Plume Network. “We’re building the first Layer-2 blockchain optimized for real world assets here at Plume, and Supra’s RWA oracles are an integral part of our offering. We’ve been consistently impressed by the technical depth and speed of innovation that Supra brings to the RWA space.”“Supra Oracles play a crucial role toward this vision. Supra Oracles brings high-quality and low-latency data feeds for real world assets onchain! Their bleeding-edge technologies allows Silver Koi to integrate real world data and provide a CEX-like perpetuals trading experience.Supra has worked to integrate RWA price feeds into its data oracle as a direct response to the high demand from users ranging from network layers and DEXs, to dApp developers and investors,” added Claire Chen, Silver Koi’s Co-Founder and CEO.Advocates of both DeFi and TradFi are united in their optimism around RWAs, which are expected to make their way into every financial market in the future and power a new wave of innovation in both the investment and financial services industries. About SupraSupra is an all-new blockchain that vertically integrates oracles, bridges, automation and randomness into a powerful Layer-1 with Multi-VM compatibility. It’s designed to give developers all the tools they need to build on one chain, enabling a new breed of Super dApps.Supra is also a leading provider of oracle price feeds and verifiable randomness across 80+ blockchains with Layer-1 security guarantees. Supra focuses on solving real problems for dApp developers and scaling Web3, supported by a developer toolkit with extensive guides and technical whitepapers.About Silver KoiSilver Koi is leading the evolution of institutional trading by bringing a seamless, CEX-like trading onchain. Responding to the growing demand for professional decentralized trading solutions, Silver Koi is building a specialized blockchain optimized for institutional order-book volume on RWA derivatives.About PlumePlume is the first modular Layer-2 blockchain dedicated to all real world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Their mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications, partnerships with cutting-edge tech providers like Supra, and access to high-quality buyers to increase liquidity for all tokenized RWAs.ContactMarketAcrosspr@marketacross.comThis article was originally published on Chainwire More

NeurochainAI announces the launch of its platform to democratize artificial intelligence (AI) development worldwide and streamline the process of building, launching, and using of AI-powered decentralized applications (dApps). Integrating advanced machine learning with blockchain technology, NeurochainAI enhances scalability, transparency, and data security in AI applications.With 82,000 registered users and 48,000 connected wallets, NeurochainAI facilitates community participation in AI model creation and validation, ensuring accuracy and enhancing model performance. The platform streamlines AI dApp development, reducing time-to-market by up to 24 times compared to traditional methods.As of 2023, the global AI market, valued at $500 billion and projected to reach $1.8 trillion by 2030, is primarily driven by advancements in technology and significant sector investments. NeurochainAI builds off this growth by offering AI infrastructure that includes the first decentralized consumer-grade GPU DePIN for AI compute, community-powered data collection and validation, optimized AI model marketplace, and interoperability tools for seamless integration into any tech stack across Web2 and Web3.About NeurochainAINeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that streamlines the process of building, launching, and use of AI-powered decentralized applications (dApps). Providing a ready-to-use AI infrastructure, the network enables developers to create AI dApps up to 24 times faster and 5 times more cost-effectively compared to traditional methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of use and affordability.Website | Medium | Telegram | Discord | LinkedIn | X ContactCOOOdeta Iseviciuteodeta@neurochain.aiThis article was originally published on Chainwire More