Studio369 has announced the third Closed Beta (CB3) period for its PvP mech shooter, Metalcore, set to commence on June 27th. This latest beta phase will introduce several new features, including session-based PvP scenarios, a faction war-centric PvE mission, and faction-based social hubs. The update also includes an enhanced in-game economy, allowing players to purchase […]
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Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability
Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address network performance and stability. The release includes a central scheduler functionality that can be turned on optionally, focused on solving performance issues identified when there is network congestion. According to Solana Beach, a validator statistics […]
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CREAT’OR Shakes Up Equity Crowdfunding With Beta Stage ICO and StakeXchange Platform
PRESS RELEASE. Victoria, Seychelles, May 7th, 2024 – CREAT’OR (Crypto Related Equity And Token Operational Resources) has officially launched its highly anticipated Initial Coin Offering (ICO), currently in the BETA Stage, offering an incredible 85% discount on its CRET Token. This is a remarkable event in the company’s journey towards upgrading the Equity Crowdfunding industry […]
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Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at 0 trillion. Umoja Debuts Beta Hedging Platform The crypto platform Umoja has announced the beta […]
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Samourai Wallet Unveils Privacy-Enhancing BTC to XMR Atomic Swaps in Beta Launch
According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop application streamlines the process of securely swapping bitcoin and monero via the Tor network.
Samourai Wallet Rolls out Beta Bitcoin<->Monero Atomic Swaps
The much-anticipated BTC<->XMR atomic swaps platform has finally arrived, with the lead developer of Samourai Wallet and the programmer known as Pokkst unveiling its beta version. “Samourai Swaps beta is now ‘live’,” announced the wallet’s chief engineer on Tuesday. Back on August 14, 2023, Bitcoin.com News had previously reported on this new privacy-enhancing feature when the company introduced it.
The software developer, Pokkst, a driving force behind this endeavor, also highlighted the beta launch on the social media platform X. “Welcome to the Samourai Atomic Swaps Public Beta,” Pokkst posted on X. “This desktop application makes it very easy to trustlessly swap BTC<->XMR, completely over Tor. In public beta, expect some bugs, and a ‘dev UI.’ The actual UI is still in development.”
The developer added:
There is already some mainnet liquidity from @Unstoppableswap ASBs and users, and I have used the Samourai application myself for several months to swap [bitcoin] I receive to [monero].
The beta release arrives amidst heightened global government scrutiny of privacy coins such as monero (XMR) and a trend of exchanges removing privacy tokens from their listings over the years.
Privacy-focused crypto tools and digital assets have seen limited popularity over the last three years, while crypto mixers have faced increasing law enforcement attention. In a significant move, the crypto exchange Okx removed several privacy-related digital currencies, including XMR, ZEC, and DASH, at the close of December 2023.
What do you think about Samourai’s atomic swap feature? Share your thoughts and opinions about this subject in the comments section below.
Cardano: AI Chatbot Starts Beta Phase, ADA Price Eyes 22% Uptick
CardanoGPT has officially announced the beta launch of its AI-powered chatbot, Girolamo. This initiative marks a substantial advancement in the integration of artificial intelligence (AI) technologies with the Cardano blockchain ecosystem. Named after the influential Italian mathematician Girolamo Cardano, the chatbot intends to symbolize the fusion of historical intellectual legacy with contemporary technological innovation.
Girolamo is engineered to provide a range of functionalities, including content generation, image generation, and image interpretation, which are tailored to accommodate diverse user inquiries. This suite of capabilities enables the chatbot to offer real-time, contextually aware responses, extending its utility beyond standard blockchain applications. The inclusion of image-related functionalities represents a significant technological stride, enhancing the interactive experience and broadening the scope of its applicability.
To participate in the beta testing phase of Girolamo, users are required to hold a minimum of 5000 CGI tokens, as outlined by CardanoGPT. Access to the chatbot is facilitated through the CardanoGPT Discord server, where users undergo a wallet verification process. Upon successful verification, users are granted the @cyborg role, enabling them to interact directly with Girolamo in the designated chat channel.
CardanoGPT’s announcement emphasizes that Girolamo is still in its beta phase, suggesting ongoing development and potential enhancements. This phase is critical for assessing the chatbot’s performance, user experience, and overall functionality within the Cardano ecosystem. The company has highlighted its commitment to continuous innovation and development, aiming to maintain a leading position in the convergence of AI and blockchain technology.
Cardano Price Poised For 22% Surge?
ADA has seen a strong upward trend since breaking out of the downward trend (black line) on October 21, which has caused the price to rise by over 60%. For the past two weeks, however, the rally has come to a standstill. The price is in a consolidation after the ADA was rejected at the 0.786 Fibonacci retracement level at .411.
However, the AI narrative and potential hype in this market segment could be significantly bullish for the Cardano price once the launch of Girolamo is on the horizon. AI tokens have seen some sharp price movements over the past few months, driven by news around the progress of OpenAI and other companies.
In the short term, the ADA price may need a retest of support at the 0.618 Fibonacci retracement level at .37 to herald the next upward move. Remarkably, the price level is of double importance as the 20-day exponential moving average is also at this price level.
If this price level is defended in the next few days, it could be the precursor to the next move higher. The obvious target would be the yearly high at .463. Reaching this price would mean a 22% rally from the current price.
NetMind AI Unveils the Beta Version of Netmind Power For Decentralized Machine Learning
PRESS RELEASE. The AI-focused tech start-up NetMind.AI has launched the Beta version of Netmind Power, a decentralized platform which allows machine learning (ML) researchers and practitioners to train and fine-tune ML models by leveraging a network of volunteer computing resources distributed around the world. The Beta version is free for a limited time and users can now sign up to use the platform.
Limited-Time Free Beta
NetMind Power is a decentralized machine learning platform that, at its core, provides cost-effective and scalable computing power for AI model training by leveraging a vast global network of idle GPUs, such as those leftover from Proof-of-Work cryptocurrency mining. Anyone owning one or more GPUs can connect them to the network and earn a reward while doing so. As such, the platform connects providers of idle computing power with researchers and engineers looking for a low-cost solution to their ML training needs, removing the need for in-house infrastructure investments or to rely on expensive hyperscalers such as AWS EC2.
The BETA launch provides AI and machine learning engineers a chance to familiarize themselves with the platform without financial commitment.
Users implement some minor changes to their training code with a proprietary python library built by NetMind.AI, the platform then abstracts a layer of complexity and is capable of automatically applying data parallelism and model parallelism to train models across multiple distributed machines, resulting in faster training times and the possibility to train large language models at a very low cost.
Who Can Utilize the Beta?
Anyone interested in training or fine-tuning machine learning models is welcome to join the Beta, from large companies to small research labs or individuals. For those who choose to be early adopters, the Beta offers the opportunity to experience the platform’s suite of AI modeling tools free of charge for a limited time, making it an invaluable resource for AI engineers.
NetMind Token: AI and Web3 come together
The NetMind Power platform is underpinned by blockchain technology. Upon full general release, NetMind Token (NMT) is set to stand as a pillar of the NetMind ecosystem. The token is set to have multifaceted functionality, acting as the utility token for the entire NetMind platform, where it will serve three primary functions:
Medium of Exchange: Within the NetMind ecosystem, NMT will facilitate transactions, allowing users to access services, trade computational resources, and more. Users will use NMT to pay for model training and inference services, and Volunteer Computing providers will be rewarded with NMT.
Governance: Holders of NMT will have the ability to participate in the governance of the platform, influencing decisions, proposing changes, and voting on key operational aspects. This decentralized approach is designed to ensure that the platform remains adaptive, transparent, and truly community-driven.
Reward Mechanism: Recognizing the contributions of its users, NetMind has instituted NMT as a reward. Crypto miners offering their idle GPUs are rewarded with NMT, encouraging active participation within the community.
Signing Up
For those eager to explore the available features of the NetMind Power platform, the Beta is currently live, and applications are being accepted. By signing up now, early adopters stand to experience the platform’s capabilities free of charge for a limited time.
Create an account and register for the Beta here.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
SWIFT CBDC Interlinking Solution Enters Beta Testing
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that three central banks are already testing this interlinking solution, while more than 30 financial institutions are testing its various applications in a sandbox environment.
SWIFT CBDC Connector Being Tested by 3 Central Banks
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), provider of the de-facto standard for cross-border financial settlements, has announced that three central banks are already testing its central bank digital currency (CBDC) interlinking solution.
The connector, developed after the experiences that SWIFT accumulated during the first CBDC sandbox, completed earlier this year, aims to provide an effective solution for interoperability between already-existent fiat currencies and these new tokens. During this sandbox, almost 5,000 transactions were simulated between two blockchain systems (Quorum and Corda) and existent Real Time Gross Settlements (RTGS) fiat systems.
The Hong Kong Monetary Authority (HKMA) and the National Bank of Kazakhstan are among the three institutions that have already integrated this solution within their financial infrastructure, allowing them to test its functions and performance directly.
Connecting Digital Islands
Besides this, SWIFT announced the launch of a second CBDC sandbox, in which more than 30 financial institutions will experiment with different use cases and applications for interconnected currencies. The Reserve Bank of Australia, Deutsche Bundesbank, HKMA, Bank of Thailand, and CLS are among the institutions developing various implementations for CBDC technology.
As expressed in the results report of the first CBDC sandbox, titled “Connecting Digital Islands,” SWIFT’s purpose is to avoid a situation where liquidity is kept siloed in each one of these networks without means for interacting with other systems.
Tom Zschach, Chief Innovation Officer at Swift, expanded on this idea. He stated:
Our focus is on interoperability – ensuring that new digital currencies can seamlessly coexist with each other and with today’s fiat-based currencies and payment systems.
Zschach detailed that with this new sandbox, SWIFT expects to refine its solution to ensure its effectiveness at a scale.
19 of the 20 nations of the Group of Twenty (G20) are already in advanced states of CBDC research, while nine are already running CBDC pilots. This is part of the reason SWIFT is focusing on developing these solutions to allow the interactions and scaling of CBDCs “if and when they are deployed into the financial ecosystem.”
What do you think about SWIFT’s CBDC connector and the launch of its new CBDC sandbox? Tell us in the comments section below.
Shiba Inu Gains 14% In Last 24 Hours As Shibarium Beta Launch Inches Closer
Shiba Inu, popularly known as the “Dogecoin Killer,” has been one cryptocurrency with a constant buzz around it in 2023.
According to data from CoinMarketCap, the second largest meme coin has gained a staggering 74.41% since the start of the new year as the crypto market continues its impressive recovery.
Much of the attention around Shiba Inu has been driven by the impending launch of Shibarium, a layer-2 network designed to reduce Shiba Inu’s reliance on the Ethereum blockchain by processing the larger portion of transactions involving all Shiba Inu-based tokens – SHIB, LEASH, and BONE – thus leading to higher throughput and lower fees.
In the latest development on Shiba Inu, the token has soared by 14% in the last 24 hours, outperforming every other coin in the top 40 crypto cryptocurrencies based on market cap values.
SHIB’s recent price rally occurred a day after the Unification Foundation, Shibarium co-developers, released an update on the layer-2 project, boosting the level of excitement among the “SHIB Army” – SHIB holders and loyal supporters.
At the time of writing, Shiba Inu is changing hands at .00001409, with a daily trading volume of ,138,725,144. Based on more data from CoinMarketCap,SHIB is ranked as the 13th largest cryptocurrency in the market, with a market cap value of ,735,163,773.
SHIB trading at .00001408 | Source: SHIBUSD chart on Tradingview.com
Shibarium Beta Launch Gets Closer
According to a medium blog post on Friday, the Unification Foundation gave a much-needed update on the Shibarium project, in which they stated the beta launch date is quickly approaching.
“Unification has always worked with projects we believe in, as architectural development support, and are proud to do so with our friends on this project. Given the scope, it’s foolish to rush, but work is progressing well, and although the public beta network is yet to be deployed, that day is rapidly moving ever closer,” read the statement.
Although the exact date of Shibarium’s launch date is yet to be mentioned by either the Unification Foundation or the Shiba Inu lead developer Shytoshi Kusama, many of the SHIB army predict it to be February 14.
Such speculations are rampant due to a cryptic tweet posted by Shytoshi, which is now deleted. The tweet read, “Quickly learning to play the flute before putting Shibarium in a heart shaped box with a bow.”
Another Shibarium update mentioned in Unification’s blog post is the successful testing exercise of the Oracle of Oracles (OoO) solution on the Shibarium alpha network.
Shiba Inu (SHIB) Price Prediction For 2023
According to PricePrediction.net, SHIB is expected to show an overall bullish trend in 2023. Based on their price forecasts, the meme coin could trade as high as .00001960, indicating a plausible 39.40% gain on the current market price.
Coincodex also predicts SHIB to maintain its current positive price pattern. By 2024, Coincodex anticipates SHIB could be trading with a market price of .00002005 if the token’s growth is similar to that of the projected internet evolution.
That said, these Shiba Inu price predictions should not be used for investment advice, as the crypto market movement remains subject to numerous forces which could result in heavy losses. However, considering its current market performance and the upcoming launch of Shibarium, Shiba Inu remains one of the most promising tokens of 2023.
Shiba Inu (SHIB) Is Up 4% As Lead Dev Teases Exact Beta Launch Date
The second most popular meme coin on the crypto market, Shiba Inu (SHIB), is about to launch its eagerly awaited layer 2 scaling solution Shibarium.
While lead developer Shytoshi Kusama has repeatedly said in recent weeks that the launch date is not yet set but will be “soon,” he may now have leaked the beta launch date himself wrapped in a word puzzle. He revealed the decisive hint in his Twitter bio, where he writes:
Tending the Pine Tree of Life. Quickly learning to play the flute before putting Shibarium in a heart shaped box with a bow.
For the Shiba Inu community, this is an unmistakable clue that the beta version of Shibarium will be released on Valentine’s Day, February 14.
Already on January 15, Kusama had posted a prelude to his announcement, where he mysteriously stated:
During fall the tree may have only a few leaves, but then spring appears.
Luckily, Shibarium, in this context, is a Pine Tree. Still, it needs water, sunlight and proper soil. But pines survive and thrive during the harshest winters. (I also hear the needle tea is good for you.)
Shiba Inu (SHIB) Price Reacts By Moving Up 4%
Shiba Inu (SHIB) has risen almost 4% in the last 24 hours and 21% within the last week, with the price currently standing at .00001249. Trading volume was around 5 million within the last 24 hours, representing a -55% decrease against the previous time period.
Year-to-date (YTD), SHIB is up about 43% at the current price, the highest level since early November 2022.
This rally has been mainly driven by two reasons: on the one hand, macroeconomic sentiment has improved substantially, giving the overall crypto market a strong boost, and on the other hand, Shibarium has provided some level of FOMO.
However, a look at the 1-week chart of SHIB reveals that the price should still be assessed as mostly bearish. In its third attempt since September 2022, SHIB’s price has failed to close above .000014 on a weekly basis.
The resistance zone between .000013 and .000014 has so far proved too stubborn to confirm a breakout from the bearish territory.
The 1-day chart shows the massive drop from the lower end of the resistance zone at .000013 very clearly. Currently, however, SHIB is finding support from the 200-day exponential moving average (EMA).
As signaled by the daily RSI, Shiba Inu (SHIB) is in an overbought condition. On a daily basis, the RSI remained significantly in the overbought zone, 79 at press time.
Ideally, the RSI causes investors to reduce their positions and thus initiate a price correction on a price basis. Otherwise, there would have to be a correction on a time basis, which would mean a longer sideways trend below the resistance zone.
To trigger a sustained bullish breakout on the daily and weekly charts, Shiba Inu needs to break above the .000014 level within the next few weeks.
Featured image from VOI, Charts from TradingView.com