Coinbase is Registering 50,000 New Users per Day 7454

Brian Armstrong, CEO of the cryptocurrency platform giant Coinbase, claimed in an interview with Bloomberg that around 50,000 new users continue to register for its services every day — despite recent year-to-date lows.

Coinbase CEO Brian Armstrong sat down with Bloomberg yesterday to discuss the future of cryptocurrency at the Bloomberg Players Technology Summit held in San Francisco. During the interview, Armstrong was asked about the giant half-dead elephant in the room — the large decline in the price of Bitcoin and other major cryptocurrencies so far in 2018. Armstrong responded, stating simply that:

This technology is going through a series of bubbles and corrections, and each time it does that, it’s at a new plateau.

Historically, Bitcoin has had four major periods of explosive growth, followed by a correction and plateau period. Just like the periods of correction and plateau in the past, many new investors who entered the market during one of the big run-ups are feeling discouraged and pessimistic about the future of Bitcoin and other major cryptocurrencies after realizing large losses on the value of their investments.

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Masa Launches LLM-Powered AI Data Subnet on Bittensor, Bringing Hundreds of Developers into the Ecosystem 3996

Masa also becomes the first live token in the Bittensor Subnet Ecosystem, introducing a new dual-token reward structure to incentivize contributors and democratize AI development.

Masa, a decentralized AI network where people earn by contributing data, today announced the launch of an AI Data Subnet on Bittensor, a protocol pioneering the decentralized production of artificial intelligence. Masa will leverage Bittensor’s peer-to-peer machine intelligence network to supercharge AI data aggregation, transformation, and access. Together, this empowers a world of Fair AI powered by the people, where AI developers can build anything, anywhere with the world’s data.

The AI sector of the crypto industry is projected to reach $10.2 billion in revenue by 2030, according to a research report from VanEck, while centralized AI has a projected market share value of $1.8 trillion by 2030. However, there is a clear demand for decentralized players, as the essential components of AI including compute, models, and data, should not be monopolized by centralized entities.

Value Proposition of the Masa Bittensor Subnet

Bittensor has amassed a $10 billion AI ecosystem since its launch in March 2023. Institutional validators, such as DCG subsidiary Foundry and Polychain, collectively staked a total of 5.7 million – or $1.8 billion worth of – $TAO. Bittensor operates through a central network consisting of smaller, specialized sub-networks, each dedicated to different areas of AI. With its sophisticated TAO economic model that incentivizes the production of high-value AI subnets, Bittensor is a significant player in the DeAI space.

Masa enables people from all over the world to contribute data and compute to AI development, without centralized control. Masa allows AI developers to build anything, anywhere with the world’s data. It facilitates the fair, open, and permissionless contribution of AI training data, compute, and bandwidth.

Similar to Bittensor’s incentive mechanism, Masa contributors – validators and workers – are rewarded based on the value of their contribution to the network, using game-theoretical frameworks that optimize a contributor’s utility on the network. This ensures an effective system that uses economic incentives to drive growth and the equitable expansion of Fair AI.

The Masa Bittensor Subnet provides real-time and static, structured, annotated, and vectorized data from a variety of data sources critical for AI development, such as X (Twitter), Discord, diarized speech (e.g. podcasts, YouTube, TikTok), gated web data (e.g. New York Times), and public web data (e.g. Google Search).

Real-time data can be used to build robust datasets or directly in system prompts for current context. Static data sets are constantly updated and stored by subnet workers for further processing into vectors to fuel Retrieval Augmented Generation (RAG) in AI agents. These data sets are processed and annotated using agentic data pipelines that employ fine-tuned LLMs trained on JSON and other formats to deliver high-quality outputs from volatile data inputs. AI developers have been using Masa data for a wide range of use cases, such as capturing trading signals and building hyper-personalized AI companions.

The Masa and Bittensor communities can participate using low-power devices to run a Masa worker node from laptops, servers, or future mobile devices by contributing compute and bandwidth from anywhere in the world.

$MASA Joins Bittensor Subnet Ecosystem as First and Only Live Token

Masa’s token, $MASA, now becomes the only live token for any subnet in the Bittensor ecosystem. In addition, Masa Protocol and Masa Bittensor Subnet validators and workers can earn dual-token staking rewards in $MASA and $TAO. Masa Foundation-owned TAO from operating the subnet will be used to support $MASA through buybacks or distributions as part of the emissions schedule.

Masa was the first AI project to debut on CoinList in 2024 via a 17-minute public sale in March. Over the last 2 years, Masa has grown to over 1.6 million contributors and over 100 developers in its network, where individuals earn by contributing data. Masa’s ecosystem of contributors, developers, and validators is expected to significantly enhance Bittensor’s performance and utility.

“As an early crypto builder and adopter who participated in Ethereum’s ICO in 2014, Bittensor reminds me of Ethereum’s ecosystem circa 2017,” said Brendan Playford, Co-founder of Masa. “While Bittensor is still in its early days, it has the potential to surpass Ethereum’s growth, fueled by the rapid expansion of Decentralized AI. DeAI has the potential to become even bigger than Bitcoin. At Masa, we are integrating into the Bittensor ecosystem to exponentially accelerate the development of Decentralized AI, with data serving as the new currency of Fair AI.”

To date, Masa has raised $18 million backed by DCG, Anagram, Republic Digital, Animoca, and was incubated by Binance and Hashkey.

“The launch of Masa’s subnet underscores the growing momentum in decentralized AI. We proudly support Masa as they advance both decentralized and broader AI development, which aligns deeply with our belief in the power of decentralized technologies,” said Evan Malanga, VP Strategy at DCG.

To participate in the Masa Bittensor Subnet, users can visit Masa’s website.

About Masa

Masa is a decentralized AI network, where people earn by contributing data. AI developers can build anything, anywhere with the world’s data. Users are welcome to join Masa’s mission to create Fair AI, powered by the people.

Cosmic Kittens (CKIT) Unveils Revolutionary Blockchain Gaming Experience 5469

Cosmic Kittens (CKIT) is a new face in blockchain gaming that combines space-themed NFT cats with attractive P2E rewards.

Cosmic Kittens (CKIT) is set to make waves in the blockchain gaming sector with its innovative approach, merging space-themed NFT cats with engaging Play-to-Earn (P2E) mechanics. Built on the Ethereum blockchain, CKIT aims to revolutionize the GameFi landscape by blending meme coin appeal with the robust functionalities of Non-Fungible Tokens (NFTs).

Cosmic Kittens (CKIT): Pioneering a New Era in Crypto Gaming

Cosmic Kittens (CKIT) is not just another entrant in the crypto gaming arena; it’s a project with a vision to redefine the GameFi ecosystem. By integrating meme coins with NFTs, CKIT offers a unique gaming experience where NFTs are more than collectibles; they are the key to a futuristic gaming world. In the Cosmo Kittania Universe, players will nurture their NFT cats, known as Cosmic Kittens, each boasting unique abilities and traits. The gameplay involves caring for these galactic, superpowered NFTs, enhancing their strength and capabilities through attentive care and selective breeding, reminiscent of classics like Tamagotchi, Nintendogs, and Pokémon.

Economic Opportunities in Cosmic Kittens (CKIT) GameFi Ecosystem

Cosmic Kittens (CKIT) offers multiple monetization avenues within its GameFi ecosystem, providing players with high-value crypto assets and numerous ways to earn. These include:

  • NFT Kitten Trading: Players can buy, sell, and trade their unique NFT kittens in a dynamic marketplace.
  • CKIT Token Staking: Stake CKIT tokens to earn rewards and unlock exclusive game features.
  • Rocket Rewards Program: Participate in special missions and challenges to earn additional rewards.
  • Cosmic Sanctuary: A haven where NFT kittens can rest, rejuvenate, and enhance their abilities.
  • Breeding and Evolution: Enhance your NFT kittens by breeding them to produce new, more powerful offspring.

Presale Launch and Market Impact

Launched in 2024, Cosmic Kittens (CKIT) has quickly gained attention in the crypto gaming community. Its presale has been highly anticipated, reflecting the growing interest in immersive GameFi experiences that also offer substantial rewards. Analysts predict that the GameFi market, projected to reach $800 billion by 2030, will provide fertile ground for CKIT’s growth and success.

About Cosmic Kittens (CKIT)

Cosmic Kittens (CKIT) is a trailblazing project in the cryptocurrency gaming space, offering a unique blend of NFT and meme coin dynamics. By leveraging the booming GameFi market, CKIT provides players with a distinctive gaming experience enriched with high-value rewards and innovative gameplay mechanics.

For more information about Cosmic Kittens (CKIT) and to participate in the presale, visit:

Website: https://cosmickittens.online/

The Canton Network’s Global Synchronizer and Canton Coin Go Live 5759

Leading market participants powering the Canton Network proudly announce the go-live of the Global Synchronizer, the Canton Network’s decentralized interoperability infrastructure. This launch marks a pivotal step towards unlocking the full potential of synchronized financial markets, providing first-of-its-kind connectivity for the tokenization and frictionless exchange of regulated financial assets and liabilities. The Global Synchronizer is going live after ten years of technological development, nearly a year of extensive testing— including powering the recent Canton Pilot program—and following each of the anchoring Network participants, known as super validators, voting in favor of the launch.

There is a growing industry need to deliver near-term efficiencies for the highest concentrations of tokenized assets, while also facilitating new opportunities as more applications and liquidity are brought on-chain. Canton Network delivers on both value propositions: it features the highest number of live use cases of real-world assets and is the only network that can handle the on-chain privacy, control, and interoperability of participants and their corresponding asset flows.

Organizations are engaging in the Network in a range of ways—including running a super validator, running a node, joining the Global Synchronizer Foundation, or running an application on the Network. Current participants in these various points of engagement include: 7RIDGE, Bitwave, Brale, Broadridge, Calastone, Copper.co, Cumberland DRW, Dfns, Digital Asset, EquiLend, Global Blockchain Business Council, Gravity Team, Hashnote, Hidden Road, Hydra X, InfStones, IntellectEU, Kaleido, LendOS, Liberty City Ventures, MPCH, Obsidian Systems, Ownera, QCP, SBI Digital Asset Holdings, Taurus, The Tie, Tradeweb, Validation Cloud, XBTO, XVentures, and Zodia Custody.

Revolutionizing Financial Connectivity

For the first time, market participants can harness the power of synchronized financial markets through the Global Synchronizer. The Global Synchronizer enhances interoperability on the Canton Network, an innovative public-permissioned blockchain network designed with the privacy and controls essential to facilitating the exchange of regulated financial assets. The Global Synchronizer is operated and governed in a decentralized manner, with internet-like scalability, ensuring that no single party controls the service and there is no single point of failure; thereby harnessing the benefits of decentralized finance. This transformative infrastructure is set to revolutionize the way financial transactions are conducted, offering enhanced efficiency, reduced operational costs, and minimized risks.

“Canton Network participants have taken a long-term strategic view on what was needed to enable the modernization of synchronized global capital markets,” said Yuval Rooz, CEO and Co-Founder of Digital Asset. “Industry-leading firms have convened over the past year for the initial launch and subsequent testing of the Canton Network. We are excited to see the governance and incentive mechanisms in place to facilitate the adoption and use of the Network as it goes live.”

Open Governance with Linux Foundation and the Global Synchronizer Foundation

In conjunction with the Global Synchronizer’s operational go-live, the Linux Foundation is supporting the Global Synchronizer Foundation as an official project. The Global Synchronizer Foundation is an independent U.S.-based entity composed of forward-thinking market participants dedicated to ensuring that the Global Synchronizer is governed transparently in a decentralized manner with organizational neutrality to maintain its integrity. The Linux Foundation will support the Global Synchronizer Foundation under an open governance model that fosters trust and neutrality.

Introducing Canton Coin: Accelerating Connected Capital Markets

The Global Synchronizer includes a utility token, called Canton Coin, which is used to pay traffic fees for using the Global Synchronizer. Canton Coin can be minted by app builders and infrastructure providers who bring utility to the Global Synchronizer ecosystem, marking the first time a public network has rewarded both infrastructure providers and app developers. It is designed to incentivize third parties to build applications utilizing the Global Synchronizer, rewarding connections that accelerate connected capital markets. Network participants can use Canton Coin for Canton-native operations between participants and across applications globally on a 24×7 basis.

Hyperledger Splice: The Springboard for Additional Decentralized Infrastructure on the Canton Network

The Global Synchronizer is the first decentralized infrastructure for the Canton Network. To encourage additional infrastructure development, Digital Asset has open-sourced the core technology for decentralized Canton synchronization domains, including a native utility token– the same technology that powers the Global Synchronizer and Canton Coin. The technology is maintained by Hyperledger Labs under the name Splice to ensure that anyone seeking to set up their own decentralized synchronization domain for the Canton Network can do so freely.

About the Canton Network

The Canton Network is the financial industry’s first and only public chain that can achieve on-chain privacy, control, and interoperability, making it the most suitable network for institutional assets. The Network launched for testing with the participation of a group of leading financial institutions, infrastructure providers, technology firms, and consultants in August 2023. Initially built upon Digital Asset’s technology, the Network’s controls, governance, and app development have been open-sourced and decentralized to be managed by all participants, with the goal of fostering greater innovation and Network utility. The Canton Network’s design overcomes the shortfalls of existing blockchain networks by enabling previously siloed systems in finance to become interoperable and synchronized in ways that had been impossible before. Offering the privacy and controls required for highly regulated organizations, the Canton Network creates a safe environment in which assets, data, and cash can move freely across applications in real-time, unlocking new efficiencies and powering innovation.

Raiinmaker Brings Decentralized AI Network to Life With Mainnet Launch 6787

Raiinmaker, the Web3 and AI technology company, has today launched on Mainnet, introducing advanced security features, enhanced scalability, and improved interoperability with other blockchains to its AI-powered network.

The launch of the Mainnet follows the completion of a successful testnet. This phase saw unprecedented participation with more than 100,000 Raiinmaker AI Super App mobile users now training generative AI directly from their iOS or Android phones and earning fractional rewards based on the value of their contributions to decentralized AI models and infrastructure. In the three months since its testnet launch, Raiinmaker app users have minted 120,000 NFTs and generated 270,000 pieces of AI art. Additionally, the network boasts 300,000 total desktop users and 215,000 independent validators, with more than 19 million transactions made on the network to date, and 57,000 users signed up with verified KYC.

J.D. Seraphine, CEO and Founder of Raiinmaker, said: “The Raiinmaker Mainnet launch marks the true awakening of a decentralized AI network powered by humans. We saw unprecedented participation in our testnet phase, a sign of not only the widespread interest in compelling AI programs, but also validation for Raiinmaker’s vision to reward people fairly for their contribution to shaping the future of AI. This technical milestone sets us up to spread this mission across more networks and to positively impact the lives of more people.”

At the same time, Raiinmaker welcomes accomplished senior executives Jennifer Booze and Wyatt Hilkene to its team. Joining from Polygon Labs, where she served as Global Head of Business Development, Booze previously held senior roles at leading technology companies such as Apple, Oracle Data Cloud, and TikTok, as well as Sequoia-backed Drawbridge. In her new role as Head of Business Development & Partnerships, she will be responsible for driving business growth as Raiinmaker enters a new chapter post-Mainnet launch.

Commenting on her appointment, Jennifer Booze, new Head of Business Development & Partnerships at Raiinmaker said: “I’m thrilled to join Raiinmaker at this transformative moment when decentralized AI is reshaping our future. Raiinmaker is at the forefront, driving innovation that not only advances the field but also incentivizes participation, enabling a model to learn and evolve in a democratized manner.”

In addition, Hilkene has been named Head of Operations at Raiinmaker. He has more than 10 years of experience in building pioneering networks and products focused on the interplay between the physical and digital worlds. Prior to his time at Raiinmaker, Hilkene served as Director of Operations at 4K Protocol, a venture-backed RWA protocol, where he spearheaded 4K’s operations and Web3 strategy.

Wyatt Hilkene, Head of Operations at Raiinmaker commented, “Joining Raiinmaker at this pivotal moment is incredibly exciting. I have tremendous faith in the exceptional team and technology behind Raiinmaker and I am honored to join its ranks. The Raiinmaker network’s potential to drive innovation and widespread adoption of both AI and blockchain is unparalleled. I look forward to helping lead the team through our Mainnet launch and beyond.”

This is the latest in a string of high-profile announcements for Raiinmaker, who unveiled its $7.5 million seed round earlier this year.

For more information, visit raiinmaker.com.

J.D. Seraphine, Jennifer Booze, and Wyatt Hilkene are available for interview upon request.

About Raiinmaker

Raiinmaker is accelerating the next generation of Web3 utilizing decentralized AI and a human-powered network.

Raiinmaker’s distributed AI training network integrates the scalability of Web3 with decentralized AI, redefining value creation based on digital identity, behavior, and reputation. Powered by the Raiinmaker Network, the Raiinmaker AI Super App boasts more than 100,000 users and aims to revolutionize the monetization of users’ contributions to AI infrastructure across sports, gaming, and entertainment by equipping users with the ability to train AI from their smartphones. The app also provides seamless integration for users with native Web3 features including Identity Verification, NFT Minting, Token Creation, and AI-Powered Smart Contracts.

Learn more at www.raiinmaker.com.

Navigating the World of Algorithmic Trading: MoonTrader Terminal 6907

In today’s volatile financial markets, staying ahead requires embracing cutting-edge strategies. This is where algorithmic trading comes in, utilizing advanced algorithms to make trading decisions faster and more frequently than humans can. Leading this transformation is MoonTrader, offering an innovative auto-trading system designed to revolutionize trading methods.

The MoonTrader terminal represents the pinnacle of automated algo trading. It uses complex algorithms to execute trades based on carefully defined criteria, optimizing performance and eliminating the emotional biases often found in manual trading.

Key Features

  • User-Friendly Interface: MoonTrader’s interface is easy to use, catering to both beginners and experienced traders.
  • Customizable Algorithms: Tailor the algorithms to match your trading style and risk tolerance, whether you’re a quick day trader or a patient long-term investor.
  • Real-Time Market Monitoring: Constantly analyzes market conditions and adapts strategies to maximize profitability.
  • High-Speed Execution: Executes trades within milliseconds, seizing every market opportunity.

Benefits of Using MoonTrader’s Automated Trading

  • Increased Efficiency: Automates trading processes, reducing the need for constant market monitoring.
  • Enhanced Accuracy: Algorithms eliminate human errors, ensuring flawless trade execution.
  • 24/7 Trading: Capitalize on market opportunities at all times, even when you’re away.
  • Advanced Risk Management: Utilize sophisticated risk management protocols to protect capital and maximize returns.

Sophisticated Strategies within the MoonTrader Terminal

For experienced traders, MoonTrader offers the chance to create custom algorithms tailored to their unique strategies. Some advanced methodologies include:

  • Averages Strategy: This method evaluates the average price over a specified time frame and capitalizes on mean reversion by buying when the price dips below the average and selling when it rises above it.
  • Shots Strategy: Engages in short-term trading by buying during sharp price declines and selling during rapid rebounds, profiting from fleeting price oscillations.
  • Depth Shots Strategy: An enhanced version of the Shots strategy, incorporating additional data analysis for precise entry and exit points based on deeper market insights.

Getting Started

Integrating MoonTrader’s auto-trading into your routine is a straightforward process. Visit MoonTrader’s official site to explore features, pricing, and setup guidelines – https://www.moontrader.com/. The platform provides comprehensive support and resources to help you set up and customize trading algorithms effectively.

Conclusion

As financial markets continue to evolve, refining your trading strategies is essential. MoonTrader’s auto-trading offers a powerful solution to enhance trading performance with unmatched speed, precision, and efficiency. By embracing advanced strategies such as Shots, Depth Shots, and Averages, you can tailor your trading approach to your specific needs. Step into the future of trading and explore the endless possibilities with MoonTrader today.

Master Yield Market: A Revolutionary Step in Bitcoin Yield Trading 7466

The Bitcoin ecosystem has taken a significant leap forward with the launch of the Master Yield Market, a pioneering product from Master Protocol. With its mainnet now live, this innovative platform promises to reshape the landscape of Bitcoin yield trading. Alongside this launch, the release of the groundbreaking NFT series, Master Yield Pass, through a free mint, rewards early adopters. This press release explores the strategic positioning, innovative features, and future plans for the Master Yield Market, highlighting its potential to transform the Bitcoin ecosystem.

Revolutionizing Bitcoin Yield Trading

Master Yield Market is poised to revolutionize the Bitcoin ecosystem by offering a comprehensive platform for yield-bearing assets. This platform aims to become the foundation for Bitcoin yield trading, significantly enhancing liquidity and optimizing capital efficiency. By integrating a wide array of assets, Master Yield Market enables users to engage in yield trading with unprecedented ease and profitability.

Innovative Features and Offerings

Master Yield Market introduces a unique approach to yield trading by consolidating all yield-bearing assets within the Bitcoin ecosystem. These assets are packaged as MSY (Master Standardized Yield) and then divided into MPT (Master Principal Token) and MYT (Master Yield Token) for user trading. Users can trade these tokens using LSD, USDT, ETH, or WBTC, unlocking substantial yield opportunities.

  • MPT (Master Principal Token): This token offers a stable and predictable investment option, redeemable for one unit of the underlying asset deposited in the protocol at maturity, providing a fixed yield.
  • MYT (Master Yield Token): This token grants holders the yield and points of one unit of the underlying asset until maturity, catering to strategic investors through sophisticated speculation on future yield performance.

Simplifying Yield Trading for Retail Investors

Master Yield Market democratizes yield trading by eliminating the complexity of engaging with multiple protocols and platforms for staking and re-staking. Retail investors can directly trade Bitcoin’s LST and LRT assets using USDT, ETH, or WBTC in the form of MPT and MYT. This simplification opens up substantial yield opportunities with ease and efficiency.

Enhancing the Bitcoin Ecosystem

Bitcoin’s traditional Proof-of-Work (PoW) mechanism limits direct yield earning through staking. Despite its significant market capitalization, a large amount of Bitcoin remains underutilized. To address this inefficiency, various Bitcoin Layer 2 (L2) solutions have emerged, leveraging different technologies to enable BTC staking and yield generation.

Prominent L2 solutions have developed methods for Bitcoin staking, often involving bridging or mirroring techniques to transfer native Bitcoin to other Proof-of-Stake (PoS) chains. Liquid Staking Protocols allow users to stake Bitcoin on various L2s and receive LST (Liquid Staking Tokens) as proof of their stake, enabling reinvestment in multiple scenarios without compromising liquidity. Additionally, Restaking Protocols enable users to stake LST to receive LRT (Liquid Restaking Tokens), further enhancing investment capabilities.

Staking and restaking offer network and protocol rewards, making LST and LRT yield-bearing assets. Future developments in L2 solutions are expected to create new compatible yield-bearing tokens within the Bitcoin ecosystem.

Master Yield Market consolidates these diverse assets, offering them as MPT and MYT for trading, providing unparalleled access to the Bitcoin ecosystem. This strategic integration significantly enhances Bitcoin’s liquidity and capital utilization, driving the ecosystem towards genuine prosperity and innovation.

Current and Future Asset Offerings

With the Master Yield Market now live, the initial assets available for trading include BounceBit’s stBB and stBBTC. The platform is set to soon introduce additional protocol assets. Future plans include integrating more L2 protocol assets, further expanding the range of yield-bearing assets available for trading.

Conclusion

The launch of the Master Yield Market marks the advent of the first dedicated platform for Bitcoin asset yield trading. This milestone is accompanied by various incentive campaigns, including the free mint of Master Yield Pass, which offers a share of platform commissions and additional airdrop points from trading and referral pools.

Stay tuned for further announcements detailing specific launch dates and additional information. This platform represents a transformative leap in the Bitcoin ecosystem, offering unprecedented opportunities for yield trading and investment.