Ebang Announces New Miners With 10nm Chips 1844

The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between 30-44 trillion hashes per second (TH/s).

Bitcoin miners will have a lot of mining rigs to choose from, as it seems a wide variety of new machines will be entering the market shortly. This week the firm Ebang Communication has announced it will soon be launching three new ASIC mining devices for SHA-256 compatible coins. The firm’s next generation Ebit E-11 series models will utilize 10nm semiconductor technology with efficiencies up to 44J/TH. According to Ebang’s website, the E-11 series miners sales will be “forthcoming.”

Ebit Miner

The three models were highlighted on the company’s advertisement display published on the Chinese forum and messaging service Wechat. According to the ad, the new Ebit miners will be the E11 (30TH/s), E11+ (37TH/s), and the more powerful E11++ (44TH/s). The news follows Bitmain Technologies announcement at the mining event in Tbilisi, when the company’s CEO told the crowd about the firm’s next-generation ASIC BM1391 7nm Finfet chip design. If Ebang’s claims are true, the E11++ may outperform Bitmain’s new Antminers but only by 2J/TH. Further, if the machines eventually launch publicly, the Ebang Ebit E11 and the new Bitmain Antminer BM1391 will be the most powerful bitcoin mining devices on the planet.

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Masa Launches LLM-Powered AI Data Subnet on Bittensor, Bringing Hundreds of Developers into the Ecosystem 3803

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.

The Canton Network’s Global Synchronizer and Canton Coin Go Live 5688

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 6712

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 6842

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.

TedAI Democratizes Access to AI and Blockchain with Accessible Education and Engaging Tools 9394

Fueled by a recent surge in global AI investments, exceeding $90 billion in 2023 alone, TedAI recognizes the immense potential for AI and blockchain to reshape our future. However, the complexity of these technologies can often be a barrier to entry. TedAI tackles this challenge head-on, offering a groundbreaking approach that merges AI and blockchain with accessible educational formats and engaging tools.

TedAI stands out by making the complex worlds of AI and blockchain accessible and irresistibly engaging. Our mission is to demystify these technologies and make them fun for everyone, from beginners to tech experts. TedAI bridges the gap between learning and creating in the digital age through three core pillars:

1. AI-Powered Educational Platform:

  • Interactive Learning: Our modules adapt in real-time to your progress, offering a personalized journey through blockchain and AI.
  • Hands-On Simulations: Engage in interactive simulations that let you apply your knowledge in real-world scenarios.
  • Community Engagement: Participate in forums, discussions, and collaborative projects, fostering a supportive learning community.

2. Meme Coin Creation Toolkit:

  • Simplified Contract Creation: Use pre-built scripts and customizable options to create meme coins without needing coding skills.
  • AI-Assisted Design: Let our AI guide you through contract coding and visual branding to bring your meme coin vision to life.
  • Flexible Deployment: Deploy your meme coin on various blockchain networks, tailored to your expertise level.

3. Generative NFT Art Studio:

  • User-Driven Creativity: Transform your ideas into personalized digital art using our intuitive platform.
  • Trend Analysis: Stay ahead with AI-driven insights into NFT art trends, enhancing the profitability of your creations.
  • AI-Powered Generation: Collaborate with AI to generate and customize intricate digital artwork, ensuring each piece is unique.

TedAI is more than a platform; it’s a community-driven movement to democratize access to blockchain and AI. With our innovative tools and engaging approach, we are paving the way for a new era of digital creativity and learning.

TedAI offers exclusive opportunities for early supporters:

  • Airdrop and Referral Program: We are giving away $100,000 worth of TED tokens and offering up to $50,000 in referral rewards.
  • Whitelist and Sales Events: Secure your spot on our whitelist starting on June 7, 2024. Participate in our IEO and private sale on June 17, 2024, on the P2B exchange.

Register now to participate in the airdrop, whitelist, and token sale at https://tedai.io/en/register/

Visit us:
Website: https://tedai.io/en/
Whitepaper: https://tedai.io/whitepaper/
X: https://twitter.com/TedAi_io
Discord: https://discord.gg/tedai
Telegram: https://t.me/tedai_io

Ironblocks launches open-source, on-chain, self-service firewall to protect DeFi protocols and Web3 platforms from cyberthieves 9720

Ironblocks, the only blockchain-native security platform, is excited to announce that it has launched an industry first – an open-source, on-chain, self-service firewall purpose built for DeFi protocols and web3 applications.

The Ironblocks Firewall is the result of over two years worth of research and development, and counts Linea, AltLayer, and Kinto among launch partners already using Ironblocks’ industry-altering solution to protect their projects and/or users on their networks.

“We believe that we have solved many of the problems that have plagued the DeFi and web3 for some time,” said Or Dadosh, CEO at Ironblocks, adding, “and we are just getting started – the firewall is the first in a series of launches coming this year.”

More than $730 million worth of crypto was stolen during the first quarter of 2024, according to one estimate, with another $60 million pilfered in April, and an additional hundreds of millions stolen in May alone. Hacks are down, but threats still remain, and the Ironblocks on-chain firewall is a novel solution to an ever-present problem.

In an industry-first, modular policies able to be implemented by security teams and real time threat detection feeds into an intuitive dashboard that visualizes all activity and enables easy identification of malactors. Additionally, when a transaction is flagged as being illicit, the transaction in question is siloed off from being able to access funds or information on the protocol and the remaining users can continue using it normally.

Ironblocks’ open-source solution has no paywall and requires no demo to start. Regular operations no longer need to be suspended, revenue is not lost, and users still have access to their funds and the functionality around them – and implementation can be done in only minutes.

“Protocols experiencing rapid growth often become targets for hackers and cyberthieves,” said Declan Fox, Product Lead at Linea. “Ironblocks’ on-chain firewall provides an essential layer of security, allowing us to confidently protect our users while continuing to grow and innovate. We value having robust security measures in place, including solutions like Ironblocks, to ensure the safety and trust of our community.”

This launch is the culmination of years of research and development, and is the first in a series of major announcements planned for 2024.

Ironblocks was co-founded in 2022 by Or Dadosh and CTO Assaf Eli, veteran software engineers and blockchain natives with vast experience in cyber security and in DeFi, having been part of the team responsible for creating Bancor and securing more than $300 million in total value locked (TVL).

Or Dadosh also previously was head of blockchain innovation and solidity developer at Orbs, blockchain engineer at eToro, and blockchain leader at Bancor. Assaf Eli previously also was a blockchain consultant for projects on the Ethereum Network ecosystem, and part of the former core team that built Bancor.

To learn more about Ironblocks and how the Firewall can help protect your protocol, visit www.ironblocks.com.

About Ironblocks

Ironblocks is an end-to-end security provider for Web3 platforms, DeFi protocols, bridges, market makers, and other digital asset projects. Ironblocks automates proactive threat detection and will soon enable teams to instantly take preventative measures in milliseconds.

Our mission is to protect decentralized finance and web3 from threats and thefts, creating the security needed to enable broad adoption of these platforms.