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Cayman Islands, Cayman Islands, October 22nd, 2024, Chainwire

0G Foundation, furthering the first decentralized AI Operating System built for fully on-chain applications, is launching its highly anticipated node sale on November 11, 2024. As AI rapidly reshapes industries, there is an increasing need for robust, decentralized infrastructure capable of handling vast data flows while maintaining the integrity of AI systems. The 0G AI Alignment Node Sale is a crucial step toward creating a safe, reliable, and high-performance AI network.

AI is changing the world. Both Web2 and Web3 AI use cases need performant infrastructure that can handle vast data flows – all while keeping AI honest. The 0G node sale is key to ensuring that on-chain AI is safe, reliable, and humanity-aligned.

Why AI Alignment Nodes? 

0G AI alignment nodes are designed to ensure the integrity and transparency of AI operations on the 0G network. By monitoring AI behavior and detecting any deviations from expected protocols or ethical standards, these nodes can help prevent AI from “cheating” or acting maliciously. Additionally, they contribute to the overall robustness and censorship resistance of the 0G network by distributing control over AI alignment.   

Earn Rewards and Build the Future of AI

Node operators will be able to earn up to 15% of the total 0G ecosystem token supply over the next three years, which once earned will further enhance the ability to secure and monitor the network. By operating AI Alignment Nodes, participants will help ensure the correct behavior of data storage, DA, and model serving nodes, safeguarding the integrity of the data and AI systems running on the 0G network. Additional rewards will be distributed from the broader 0G ecosystem, reinforcing the importance of maintaining a secure and decentralized AI platform.

Node Sale for the Community

The 0G node sale is an opportunity for the community to purchase nodes and become part of the decentralized AI operating system. With a wide range of tiers (32 unique tiers) and affordable pricing (Starting at 0.05 ETH per node), the sale ensures that participants have an equal chance to contribute to the growth and decentralisation of the 0G network. By participating, individuals can help shape the future of AI and benefit from the long-term value and engagement that comes with being an active owner and contributor.

“Our goal is to empower a decentralised community, and this node sale is a crucial step toward making that vision a reality—It’s not just for investors or partners, it’s for those who want to help build a more transparent AI infrastructure,” said Michael Heinrich, CEO of ZeroGravity Labs.

Key Dates  

• Whitelist Node Sale Launch: November 11th, 2024, at 12 PM UTC (available for 2 days), only for users with Whitelist to purchase.
• Public Node Sale Launch: November 13th, 2024, at 12 PM UTC, all users can purchase.

This sale is limited in nature and only for eligible participants in certain countries. Please review all disclaimers and important details regarding the 0G Node Sale by visiting our disclaimer here: node.0g.ai/disclaimer. Only persons who meet the requirements for the sale are allowed to participate.

The sale will take place on www.node.0g.ai. Join us in building a decentralised AI future, starting today.

About 0G Foundation

The 0G Foundation is an organization dedicated to driving innovation and growth maintaining the world’s first decentralised AI Operating System. Focused on creating an open, transparent, and scalable infrastructure, the 0G Foundation is committed to fostering a vibrant, decentralized ecosystem where AI can operate as a public good. Through strategic partnerships, community initiatives, and innovative technology, 0G Foundation strives to ensure the long-term sustainability and integrity of the 0G network. 

Contact

Leora Schreiber
[email protected]

San Francisco, USA, October 31st, 2024, Chainwire

Tony Vejseli, Figure Markets Holdings Inc., and GXD Labs, LLC (collectively “the Group”) today issued a statement to address recent developments following a meeting held on October 28 at White & Case’s Midtown Manhattan offices, where the Group met with the board of directors (the “Board”) and management team of Ionic Digital, Inc. (the “Company” or “Ionic”). The Group thanked White & Case for hosting the discussion but noted a need for clarification following the Company’s summary of the meeting in a press release, which they believe misrepresented several key points.

In response to Ionic’s statement regarding its affirmation of “strong momentum” and its “laser-focus” on implementing its strategic initiatives, the Group raised concerns over the Board’s apparent lack of knowledge of core operating metrics. They highlighted that the Board appeared unprepared to discuss any aspects of its financial or operational performance, including by answering any of Mr. Vejseli’s questions as described in his post on X, leading to questions about the Company’s competitive position and valuation. The Group also expressed skepticism about Ionic’s ability to complete its audit, initially expected in early 2024 and now anticipated by Q1 2025 according to the Company, within the announced timeframe due to the apparent lack of available financial information, including the Company’s EBITDA and expenses.

The Group indicated that alternative liquidity options for shareholders were discussed, yet they felt these options had not been fully explored or evaluated by the Board. The Group also raised concerns over Ionic’s contract with Hut 8, noting that, although it had presented a proposed solution, no alternative path forward was discussed by the Board or management.

During the meeting, the Group outlined a proposed plan for refreshment of the Board, specifically suggesting the resignation of three current board members—Scott Duffy, Tom DiFiore, and Emmanuel Aidoo – to be replaced by three new, independent directors with the requisite experience and skill sets. The proposal, supported by a detailed presentation, emphasized the need for strategic and experienced leadership to better align the company’s actions with shareholder interests.

Shareholders are encouraged to review the proposal and consider supporting a special meeting to vote on board changes.

About Figure Markets

Figure Markets is democratizing finance through blockchain. We’re building the exchange for everything – a decentralized custody marketplace for crypto, stocks, bonds, credit and more. We’re bringing best-in-class leverage, margining, and liquidity to our exchange, while offering our members extensive borrowing options and unique investment opportunities. Figure Markets puts our members in control of their assets and data, disintermediating legacy brokers, exchanges and lenders.

Figure Markets is backed by leading venture capital firms and strategic partners, including Jump Crypto, Pantera, Distributed Global, Faction Lightspeed, NewForm Capital and CMT Digital. Figure Markets was founded by a seasoned team of entrepreneurs and operators from TradFi, fintech, and DeFi, including Mike Cagney and June Ou.

Users can learn more at www.figuremarkets.com.

Contact

Director, Marketing
Paula Machado Jackler
Figure Markets
[email protected]

Tokyo, Japan, October 31st, 2024, Chainwire

Mawari Network, a spatial computing DePIN (Decentralized Physical Infrastructure Network), has announced a limited node license sale. Already a pioneer in immersive content, the node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. This node sale will help create a global, decentralized spatial computing infrastructure as the market for extended reality devices like the Apple Vision Pro, Meta Orion, and Meta Quest 3 is projected to reach more than 100 million units in the next five years. As demand for immersive experiences grows, Mawari is building a network that can grow with it. 

Mawari’s infrastructure is optimized for the demanding needs of immersive experiences, positioning Mawari as a key actor in the emerging multibillion-dollar spatial computing market. Called “a sleeping lion” by Samsung Next, Mawari is redefining and building the future of spatial computing. Its solution comprises the Spatial Streaming SDK and the Mawari Network. The SDK, supporting the Unity and Unreal engines, empowers developers to create seamless, immersive experiences. The Mawari Network, working in parallel, leverages a globally distributed network of GPU nodes to ensure low latency and optimal performance. The node license sale’s objective is to help scale the network, optimize its global performance, and ensure its resiliency.

“This node sale allows node operators to help bring 3D content to the world, and be rewarded for their efforts,” Luis Oscar Ramirez, Mawari’s Founder & CEO said. “The current cloud services didn’t allow us to scale our proprietary spatial streaming technology, we researched ways to scale immersive content and found DePIN was clearly the best option. Now, we can allow our global community of node operators to participate in building out our critical node network alongside our community of developers and content creators.”

Mawari has worked with industry leaders, such as Deutsche Telekom, KDDI, Telefonica, Magic Leap, Netflix, Qualcomm, T-Mobile and dozens of other clients. The Solana Foundation recently selected Mawari for a grant, endorsing its roadmap for decentralized spatial computing. Backed by investors including Anfield LTD, Borderless Capital, 1k(x), and Samsung Next, and with veteran DePIN and web3 operator, Sean Carey, a co-founder of Helium, also joining its board, Mawari is the clear category leader. 

Node Sale Details

The node sale is scheduled for Q4 2024, building out the Mawari Network’s ability to perform compute-intensive tasks and efficiently deliver immersive 3D content on a global scale. The Mawari Network will be leveraging specialized GPUs around the world for advanced computation and streaming tasks, but a set of Guardian Nodes are needed to verify their work and the performance of the network overall as it serves multiple simultaneous immersive experiences. The node sale is for licenses to operate these critical Guardian Nodes.

More specifically, Guardian Nodes’ responsibilities include assessing critical performance indicators like latency, bandwidth, and content quality to maintain the high standards necessary for immersive, real-time experiences. By monitoring the Mawari network, the community-run Guardian Nodes will make it more performant and more resilient, ensuring it can scale securely as it grows.

Details of the node license sale will be announced soon.

About Mawari

Mawari is setting the standard for decentralized spatial computing and immersive content delivery. The Mawari Network powers real-time streaming of immersive content through a global network of compute nodes. Mawari is optimizing XR for awe, creating unforgettable experiences and revolutionizing how creators engage audiences at scale.

Mawari Network built the foundational technologies to power the next generation of interactive media, fully realizing the possibilities of virtual worlds existing seamlessly alongside our physical reality. Its core technology, the Mawari Engine and Spatial Streaming SDK, runs on the Mawari Network — the world’s first and only DePIN (Decentralized Physical Infrastructure Network) that orchestrates storage, bandwidth, and rendering in real-time for spatial computing.

Bypassing the rendering limitations of existing mobile devices and content delivery networks, Mawari’s global network of compute nodes has already powered activations from digital fashion shows to concert visualizations. The Mawari Network’s peer-to-peer architecture was purpose-built to scale spatial media streaming requirements with a community-centered ethos.

Website: https://mawari.net/

X (Twitter): https://x.com/mawariXR

Discord: https://discord.gg/mawari

Contact

Will Haskins
[email protected]

Warsaw, Poland, November 1st, 2024, Chainwire

Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading.

This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to make cryptocurrency trading more user-friendly and cost-effective. By backing BNB Chain’s gas-free withdrawals initiative, Flipster users will be able to transact with ease and capitalize on market movements effectively while avoiding hidden fees and slippage.

CEO of Flipster, commented, “We’ve always been focused on building an inclusive and user-centric environment to enhance the trading experience for our users. Collaborating with BNB Chain on fee-free withdrawals is a natural step toward advancing our shared vision of opening up crypto trading to the masses. We are committed to fostering a thriving ecosystem where digital assets are easily accessible to everyone.”

Beyond bridging the gap between traditional finance and crypto, Flipster aims to explore further synergistic initiatives that accelerate crypto adoption. This includes fostering connections within the ecosystem, providing seamless entry into the market, and enhancing the overall trading experience, to encourage greater participation in the ecosystem.

Gala Wen, Director of Ecosystem Development at BNB Chain, added “Collaborating with Flipster to provide gas-free withdrawals is a key part of our ongoing efforts to lower barriers to entry in the crypto market. By removing withdrawal fees, we empower more users to engage with digital assets and expand access to cryptocurrency, aligning with BNB Chain’s mission to onboard the next billion users into Web3. We look forward to exploring further initiatives with Flipster to enhance user empowerment.”

Flipster’s platform is designed for rapid trade execution, deep liquidity, and zero trading fees. With the integration of BNB Chain’s fee-free withdrawals, users can withdraw stablecoins without incurring additional costs until the end of the month.

Processing over $10 billion in monthly trading volume and serving over a million users, more than 98% of asset deposits and withdrawals on Flipster are stablecoins, making the zero-fee withdrawal offering on BNB Chain even more valuable for users looking to maximize their returns.

For more information about the campaign, please refer to Flipster’s blog.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:

• BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain. 
• opBNB: A scalability L2 that delivers the lowest gas fees of any L2 and rapid processing speeds.
• BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.

About Flipster

Flipster is a crypto derivatives exchange known for its lightning-fast perpetual futures listings, zero trading fees, high liquidity, and rapid trade executions. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens, supporting traders globally in capitalizing on market opportunities. For media enquiries or interview requests with the team, please reach out to [email protected].

Contact

Shirlyn Tan
Flipster
[email protected]

Dubai, United Arab Emirates, November 8th, 2024, Chainwire

Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing its innovative derivatives offerings.

Expanding Responsibilities for a Dynamic Industry

Shunyet Jan joined Bybit with a wealth of experience in both traditional finance and high-frequency trading, bringing a fresh perspective to the crypto space. “Bybit has been an exciting place to work, with a strong focus on innovation and rapid execution,” Shunyet noted. “The culture here is remarkably collaborative, and it’s clear that agility and teamwork are at the heart of everything we do.” His positive first impressions of Bybit’s team and culture, shaped by his background across diverse financial environments, have only reinforced his enthusiasm for advancing Bybit’s role in the market.

In his expanded role, Shunyet will leverage his insights from a distinguished career, which includes roles in program trading, ETFs, and index arbitrage on Wall Street, as well as algorithmic and high-frequency trading in Asia. His leadership will guide Bybit in crafting solutions that cater specifically to institutional needs, bridging traditional finance principles with the flexibility of digital assets.

Championing Bybit’s Vision for Institutional Growth

With deep experience in serving sovereign wealth funds, pension funds, hedge funds, and market makers, Shunyet understands the unique needs of institutional investors. “Institutional sales and derivatives share a common goal: providing seamless access to liquidity and effective support,” Shunyet explained. His dual background as both an institutional client advisor and a top global market maker allows him to anticipate and address the nuanced demands of these clients, helping Bybit solidify its reputation as a trusted partner for sophisticated trading solutions.

In his new role, Shunyet’s focus is clear: “I’m focused on positioning Bybit as the top choice for institutional clients by enhancing our custody solutions, expanding loan products, and strengthening liquidity across the platform.” He envisions building a robust environment that not only attracts institutional clients but also elevates their experience through refined trading conditions and innovative tools. By refining custody options and liquidity enhancements, Bybit aims to further solidify its foundation in a rapidly growing sector.

A Vision for Bybit’s Derivatives and Institutional Future

Shunyet’s career trajectory highlights a commitment to adapting the best practices from traditional finance to the crypto industry. He sees significant potential in options trading for the crypto sector, especially in the APAC region, where demand is rapidly increasing. “While options are standard in traditional markets, they remain underutilized in crypto. My goal is to build a world-class options trading platform that offers the same level of sophistication and reliability that institutional investors expect.”

“Bybit has a vision of creating a secure, innovative environment for traders, and I’m eager to contribute to the growth of our platform, enhancing institutional offerings while expanding sophisticated retail solutions,” Shunyet added.

Helen Liu, Chief Operating Officer of Bybit, commented, “Shunyet’s dual expertise in traditional finance and crypto markets equips him to elevate our platform for institutional clients. His insights and leadership will be instrumental as we broaden our reach in institutional services and enrich our derivatives offerings.”

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press 

For media inquiries, users can contact: [email protected]

For more information, users can visit: https://www.bybit.com

For updates, users can follow: Bybit’s Communities and Social Media

Contact

Head of PR
Tony Au
Bybit
[email protected]

Toronto, Canada, December 5th, 2024, Chainwire

Web3 operating system Andromeda has announced a collaboration with Deep3 Labs to integrate advanced AI models into its decentralized OS. The partnership will empower developers to use AI to improve functionality, security, and user experience in web3 applications.

Deep3 Labs is recognized for its expertise in machine learning and AI-driven tools tailored for web3. Its core products include models such as HODL-C1 and StakeSage-C for advertising and decision optimization, DeepShield for real-time security threat prevention, and CLUSTR-1 for advanced trading analytics.

The partnership will incorporate these AI models as Andromeda Digital Objects (ADOs), allowing seamless integration into decentralized applications through AndromedaOS (aOS). This will allow developers to incorporate these powerful tools into decentralized applications. Key benefits include real-time threat detection via DeepShield and predictive analytics to optimize dapp performance.

Mant Hawkins, Andromeda Core Contributor, said: “This partnership between Deep3 and Andromeda sets the stage to build a powerhouse of capabilities for our multi-chain ecosystem plans. Having been at the leading edge of AI operational value creation for decades, I see this as a cornerstone moment for Andromeda and the future of Web3.”

Daniel Stephens, Deep3 Labs Founder and CEO says “This partnership is a game-changer for the Web3 industry. Integrating our advanced AI capabilities within Andromeda unlocks completely new capabilities for aOS developers and exciting new data flows for Deep3’s researchers.  The interoperability of the cosmos ecosystem will massively increase our training datasets, allowing us to develop even more powerful on-chain machine learning solutions. Together, we are setting new standards for both Web3 DX and UX that will accelerate the adoption of blockchain tech.”

The integration will enhance aOS’ No-Code Builder, allowing developers and non-technical users to create AI-enhanced decentralized applications without extensive coding knowledge. Andromeda’s Inter-Blockchain Communication (IBC) protocol will also provision Deep3’s AI models across multiple Cosmos chains, improving scalability and cross-chain operations.

The partnership will support the creation of applications such as AI-enhanced DeFi products, advanced NFT marketplaces with predictive analytics, and personalized experiences in decentralized social platforms.

The integration of Deep3 Labs’ AI models into AndromedaOS is expected to bring substantial benefits to the Andromeda ecosystem, including empowering developers with advanced AI tools, simplifying the creation of intelligent dapps, and expanding Andromeda’s cross-chain capabilities. Through the collaboration, Andromeda and Deep3 Labs aim to create an environment where advanced AI can be used to create novel onchain applications that extend the capabilities of web3.

About Andromeda

Andromeda is an AI enhanced onchain suite of products, tools, and utilities enabled by a decentralized operating system called the Andromeda Operating System (aOS). aOS is designed to make web3 simpler and building onchain easier. aOS allows users, creators, and developers to rapidly build dApps, dropping development time from months to minutes. Developers can compose ADOs and dApps across the Cosmos Ecosystem and beyond to maximize their total addressable market and interoperability with the best web3 projects and purpose-built blockchains.

Learn more: https://www.andromedaprotocol.io/

About Deep3 Labs

Deep3 Labs specializes in developing advanced AI-driven solutions tailored for Web3. With a mission to bridge the gap between AI and blockchain, Deeb3 empowers developers and businesses to create smarter, more secure, and efficient decentralized applications. By combining advanced machine learning techniques with blockchain interoperability, Deep3 Labs is driving the next generation of scalable Web3 applications.

Learn more: https://www.deep3.ai/

Contact

Avishay Litani
[email protected]