Blockchain Press Releases
WEKA Introduces Guarantees for Cloud Cost Savings and On-Prem Performance
CAMPBELL, Calif., July 20, 2023 /PRNewswire/ — WekaIO (WEKA), the data platform provider for performance-intensive workloads, today unveiled two new guarantees for WEKA® Data Platform customers: the WEKA Half Price Guarantee for cloud deployments and the WEKA 2X Performance Guarantee for on-premises deployments.
Organizations are increasingly finding that legacy data infrastructure is ill-suited to the needs of next-generation applications like artificial intelligence (AI), machine learning (ML), and other performance-intensive workloads in the cloud and on-premises. Although they recognize a new approach is needed, transitioning to a new data infrastructure can introduce uncertainty with respect to cost and performance.
WEKA’s new cloud and on-premises guarantees allow customers to take advantage of the significant cost savings and uncompromising speed, simplicity, scale, and sustainability the WEKA Data Platform delivers with full confidence they will achieve its promised benefits.
- The WEKA Half Price Guarantee: While many organizations are adopting cloud and hybrid cloud deployment models for their elasticity, flexibility, and sustainability benefits, many customers encounter unexpected costs and performance impacts, especially for large-scale, data and performance-intensive workloads like generative AI. WEKA guarantees the WEKA Data Platform can help cloud customers achieve up to 50 percent cost savings over their current equivalent cloud storage solution with zero performance impact.
- The WEKA 2X Performance Guarantee: Organizations who find their traditional on-premises data infrastructure can’t keep up with their modern, performance-intensive workloads often turn to all-flash arrays as the answer but still struggle with performance shortfalls. WEKA breaks the barriers of hardware lock-in with its more affordable, flexible software-defined platform solution, and guarantees on-prem customers will achieve a 2x performance increase over their all-flash arrays for the same cost.
- The WEKA Hybrid Cloud Advantage: Eligible customers leveraging a hybrid cloud deployment configuration can participate in and benefit from both guarantees.
“Organizations of every stripe are looking to leverage AI, ML, and HPC to gain competitive advantage in their respective markets. In our distributed, digital-first world, this is driving many to embrace hybrid cloud deployments to support innovation,” said Jonathan Martin, president at WEKA. “Still, many find themselves roadblocked by legacy data infrastructure that cannot support the performance demands of next-generation workloads like generative AI or are seeing their cloud storage costs spiral out of control. We’re so confident that the WEKA Data Platform can help them overcome these hurdles and deliver unparalleled affordable performance – on-prem and in the cloud – that we guarantee it.”
To learn more about WEKA’s guarantees for cloud and on-premises customers and review eligibility requirements, and associated terms and conditions, visit https://www.weka.io/guarantees.
About WEKA
WEKA is leading a paradigm shift in how data is stored, managed, and processed. We help organizations transform their traditional, stagnant data silos into dynamic data pipelines that fuel next-generation workloads like AI, ML, and HPC seamlessly and sustainably. The WEKA® Data Platform is a software-defined solution purpose-built for hybrid cloud in the AI era. Its advanced cloud-native architecture is optimized to solve complex data challenges, delivering 10-100x performance improvements for next-generation workloads running on-premises, in the cloud, at the edge, or in hybrid and multicloud environments. WEKA is fueling research and discovery breakthroughs and accelerating business outcomes for leading global enterprises – including eight of the Fortune 50. The company operates in over 20 countries worldwide and is backed by dozens of world-class investors. For more information, visit www.weka.io, or connect with us on Twitter, LinkedIn, and Facebook.
WEKA and the WEKA logo are registered trademarks of WekaIO, Inc. Other trade names used herein may be trademarks of their respective owners.
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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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