Unveiled: CMN Blockchain: A Novel Approach to Decentralised Innovation
This is a historic day because blockchain technology is about to enter a revolutionary new age. Launching soon, the much awaited CMN Blockchain is expected to open a new era that might redefine trust, transform industries, and help create a sustainable future. Come explore the main characteristics, possible effects, and anticipation surrounding the formal launch of CMN Blockchain.
Atklāts: CMN Blockchain: jauna pieeja decentralizētai inovācijai
Šī ir vēsturiska diena, jo blokķēdes tehnoloģija drīz ieies revolucionāri jaunā laikmetā. Paredzams, ka drīzumā tiks uzsākta tik ļoti gaidītā CMN Blockchain, kas atklās jaunu ēru, kas varētu no jauna definēt uzticību, pārveidot nozares un palīdzēt izveidot ilgtspējīgu nākotni. Iepazīstieties ar CMN Blockchain oficiālās palaišanas galvenajām iezīmēm, iespējamo ietekmi un gaidām. https://cmnnews.live/unveiled-cmn-blockchain/ #CMNBLOCKCHAIN #CryptoMediaNetwork #CMNNEWS.live #CMNNEWS
Investors shift to eTukTuk while Solana and Cardano soar in value.
In 2023, Solana has surged by 330%, driven by a booming decentralized exchange (DEX) trading volume, outpacing BSC Chain. The current SOL token price is $59, with anticipated growth. Cardano (ADA) is on the rise, with a new Web3 media platform, Cardano Spot, emphasizing community-driven projects. ADA's staking activity and decreased circulating supply are boosting prices, with a projected value of $0.37. eTukTuk, in its presale stages, aims to revolutionize sustainable transportation using blockchain and AI. With $TUK-powered electric vehicles and affordable charging stations, it addresses environmental concerns, providing solutions in developing countries. The project also focuses on creating revenue-generating opportunities for stakeholders. #Solana📈🚀🌐 #DEXs #cardano
According to dYdX founder Antonio Juliano, the company is under threat.
Recently, dYdX disclosed a deliberate intrusion into their YFI token market as well as tampering with market dynamics. The case was made public by dYdX founder Antonio Juliano, who also pinpointed the hack’s weakness. The $9 million from the dYdX v3 insurance money was utilised by the dYdX team to lessen the effects of the attack. This action was taken to make up for shortages brought on by the liquidations of the YFI token. dYdX guaranteed everyone’s security that no one’s fund was lost during the incident, despite the substantial amount of money taken out of the insurance fund. dYdX responded to this security compromise right away on Twitter, stating that the team was looking into the incident and that no user funds were impacted. dYdX reports that the insurance fund still has $13.5 million in assets despite this significant decrease. Antonio Juhuliano stated that this was a deliberate attack against DYDX in relation to the incident. This strategy suggests that the attackers were aware of the dYdX system’s limits and had looked into its vulnerabilities, which they exploited. dYdX intends to assess its risk parameters in light of this security vulnerability. But this study will go beyond only the v3 software and address the core dYdX Chain software as well. This fortifies the security mechanism and makes the platform more resilient to assaults in the future. An hour after that incident, the dYdX token dropped by over 7% on the revelation. Market security incidents highlight how crucial it is to protect a decentralized platform from intrusions in order to maintain users’ confidence. The dYdX team thoroughly investigates every facet of the targeted attack as part of the continuing inquiry. Upholding its dedication to openness, the platform has been updating users on the progress of this inquiry and the implementation of new safety precautions. This incident shows how challenging and unpredictable the Bitcoin community may be at all times for decentralized exchanges. This means that the number of these platforms is steadily increasing. They are vulnerable to being used by malevolent adversaries. The dYdX places a high priority on protecting user assets and enhancing system resilience, as seen by the proactive approach it took to resolve this issue, the usage of the insurance fund, and its commitment to enhancing security standards. In conclusion, there is always an opportunity for improvement when it comes to decentralized platform security. As a result, the events that follow will most likely lead to increased collaboration among members of the cryptocurrency community in order to improve the overall security posture of decentralized exchanges.
Veiksmīgi palaižot bezatļaujas galveno tīklu, Pyth tīkls turpmāk varēs ieviest protokola pārvaldību ar marķieri. Lietotāji, kas piedalās ekosistēmā, tagad varēs sazināties ar Pyth Governance, bloķējot savus PYTH marķierus, izmantojot Pyth staking programmu. Lietotājiem būs pieejama balsošana par kopienas pārvaldības priekšlikumiem. Svarīgas protokola problēmas, kas saistītas ar ķēdes pārvaldību, ir datu piegādātāju stimulu shēma, orākula maksas apjoms un izmaksas, kā arī iespēja reģistrēt cenu plūsmas tīklā.
Kazahstāna ievieš Digital Tenge CBDC ierobežotā iestatījumā
Kazahstāna oficiāli atklāja digitālo tenge, tās centrālās bankas digitālo valūtu (CBDC), kas darbojas ierobežotā vidē ar faktiskiem lietotājiem. Izmēģinājuma programmu uzsāka Kazahstānas Nacionālā banka sadarbībā ar otrā līmeņa bankām un to klientiem. Plāni izveidot CBDC Centrālāzijas valstī ir datēti ar 2021. gadu, taču valdība pie tā īsti sāka strādāt tikai šā gada februārī. Liels pavērsiens tika sasniegts, kad Kazahstānas Nacionālās maksājumu korporācijas (NPC) priekšsēdētājs Binurs Žaļenovs veica pirmo mazumtirdzniecības darījumu ar digitālo tenge, izmantojot debetkarti, kas savienota ar CBDC kontu. Digitālās tenge integrāciju kartēs atbalsta Visa un Mastercard, divi no lielākajiem maksājumu uzņēmumiem Kazahstānā. Žaļenovs uzsvēra digitālās tenge elastību saistībā ar finanšu pakalpojumiem, digitālo aktīvu apmaiņu un viedajiem līgumiem. CBDC izstrāde drīzumā koncentrēsies uz pārrobežu tirdzniecības integrāciju līdz 2025. gadam un bezsaistes maksājumu atvieglošanu līdz 2024. gadam. Paredzams, ka līdz 2025. gada beigām digitālā tenge būs pilnībā ieviesta.
Expelled OpenAI CEO Sam Altman Is Invited by Cardano Founder to Participate in Partnerchain LLM Proj
Sam Altman, the former CEO of OpenAI, has been invited by Cardano founder Charles Hoskinson to take part in a decentralised large language model (LLM) initiative associated with the Cardano partnerchain. Cardano had previously declared that Polkadot stack would be used in its partnerchain. Altman, who was just fired from OpenAI, is receiving the invitation from Ethereum co-founder Charles Hoskinson. Charles Hoskinson was invited after Sam Altman was sacked by the OpenAI board, according to Reuters. Mira Murati, the chief technology officer of OpenAI, will take over as acting CEO in the interim as the business looks for a long-term replacement. The board conducted a review process after which Altman left, claiming that their duties were hampered by inconsistent communication. After Altman was fired, Greg Brockman, the president and co-founder of OpenAI, left the firm. Many staff, including Altman and Brockman themselves, were taken aback by the abrupt changes in management. They were informed of the decision only before it was made public. Ilya Sutskever, Chief Scientist of OpenAI, and three other independent members make up the company’s current four-person board. The company has not responded to Brockman’s allegations with any more remarks. With the release of ChatGPT last November, OpenAI, with major investment from Microsoft, led the way in the generative AI sector. ChatGPT immediately became one of the fastest-growing software products globally. https://cmnnews.live/expelled-openai-ceo-sam-altman-is-invited-by-cardano/
Stablecoins Lack Essential Mechanisms for Money Market Stability, According to a BIS Study
According to a research by the Bank for International Settlements (BIS), stablecoins are devoid of crucial components that guarantee the stability of the money market for fiat currencies. The paper contends that private stablecoins would be inferior to an operational model that grants a central bank regulatory authority. The authors examined the shortcomings of stablecoin settlement systems using a “money view” of stablecoins and a comparison with onshore and offshore USD settlement. Through three’superficial’ mechanisms—reserves, overcollateralization, and/or an algorithmic trading protocol—stablecoins are kept on level with the US dollar. Stablecoins, whether they rely on reserves or an algorithm, erroneously believe that their liquidity indicates their solvency, according to the study. Furthermore, the fiat money market is inextricably linked to reserves, which links stablecoin stability to fiat money market circumstances. Stablecoins lack the onshore and offshore systems that are in place to maintain bank liquidity during economic hardship. According to the report, the Regulated Liability Network offers a model remedy for the problems that stablecoins encounter. This paradigm places all claims inside a regulatory boundary and settles them on a single ledger. According to the authors, this would involve the central bank and have legitimacy that current private cryptocurrency stablecoins do not. Stablecoins have been receiving more attention from the BIS, which released a report earlier in November that looked at instances of stablecoins losing their pegged value. This emphasises the expanding significance of stablecoins in the financial industry, as does legislative focus in the US, the UK, and the EU. https://cmnnews.live/stablecoins-lack-essential-mechanisms/
Ziemeļamerikas Blockchain samitā Endrjū Jans runā par blokķēdi un mākslīgā intelekta regulējumu
16. novembrī Endrjū Jangs, Forward Party radītājs un bijušais pretendents uz ASV prezidenta amatu, ieradās Ziemeļamerikas blokķēdes samitā (NABS) Fortvērtā, Teksasā. Jans pauda bažas par ASV valdības mākslīgā intelekta (AI) regulējumu un blokķēdes tehnoloģijas pārņemšanas un sabiedrības uztveres trūkumu. Būdams sevi raksturojis kā “milzīgs ticīgais viedajai naudai, viedajām valūtām”, Jans pauda sarūgtinājumu par pašreizējo blokķēdes un Web3 tehnoloģiju līmeni ASV. Viņš uzskata, ka šī iemesla dēļ uzņēmumi var nolemt pārcelties uz ārzemēm. Jangs ieteica, ka, lai to novērstu, būtu jāpierāda, ka blokķēdes izdevīgās lietojumprogrammas spēj risināt problēmas, ar kurām saskaras amerikāņi. Viņš piebilda, ka vēl ir daudz ko uzzināt par to, kā blokķēdes tehnoloģiju varētu izmantot cīņā pret nabadzību.