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ZERO LATENCY CELEBRATES THREE MILLION PLAYS ACROSS THE GLOBE BY LAUNCHING FIRST-EVER WORLDWIDE VR COMPETITION

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Champions of the Undead is a global competition running from August 10 – September 6. The Grand Final will take place in Las Vegas, with the winner receiving $15,000 USD in cold-blooded cash.

MELBOURNE, Australia, Aug. 9, 2023 /PRNewswire/ — Zero Latency, the global leader in immersive entertainment and creator of the largest free-roam VR network in the world, is celebrating three million global plays by launching its first-ever worldwide VR competition, Champions of the Undead. The competition is being run in partnership with VIVE, that delivers on the promise of VR with game-changing technology and best-in-class content.

Champions of the Undead will be an epic battle across the Zero Latency community, where players will need to shoot zombies and score big in one of its most popular games, Undead Arena. Players can simply go to one of the 70+ Zero Latency venues worldwide, play a round of Undead Arena, and they’ll be able to compete to win. The top player from each region will be flown to Las Vegas for the Grand Final, where the highest-scoring zombie slayer will be crowned, receiving $15,000 USD prize money.

Zero Latency opened its first venue in 2015, in Melbourne, Australia. Since then, the milestone of three million plays has enabled players to explore the vastness of new worlds and destinations in the largest VR spaces available. During that time, Zero Latency has continued to innovate, bringing players new adventures to escape from the pressures of the real world, while players themselves have killed over 200 million zombies, with Champions of the Undead set to increase that tally even further.

“This is the first time in our history that we’re bringing our global community together in this exciting way, and giving back to the players that have supported us,” said Tim Ruse, CEO at Zero Latency. “We’re thrilled that we’ve now seen three million plays across the globe since we started this journey ten years ago, with people continually looking for experiences that allow them to connect with others. We can’t think of a better way to celebrate than with this competition, on a scale that we’ve never done before. We’re continuing to innovate and grow, and are looking forward to the next 3 million plays from our dedicated, passionate players worldwide.”

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The Champions of the Undead competition will run from Thursday 10th August 2023 to Wednesday 6th September 2023. The Grand Final will take place on Thursday 5th October 2023 in Las Vegas. Up to 8 players can play together at a time, and players can try as many times as they want to perfect their skills and reach their best score.

The highest score from each Regional Leaderboard will be flown to Las Vegas for the Grand Final with a more challenging bespoke version of Undead Arena filled with even more zombies. The winner of this epic Grand Final will receive $15,000 USD.

Runners up will score a VIVE XR Elite worth $1,099 USD to continue exploring new possibilities at home. VIVE XR Elite is a powerful, convertible, and lightweight XR headset that conforms to you. Offering both the untethered freedom of all-in-one XR and the power of PC VR through wireless streaming.

For more details on Champions of the Undead, including terms and conditions, visit https://zerolatencyvr.com/slay-to-win.

To find a Zero Latency location or book a ticket, head to https://booking.zerolatencyvr.com/book-now.

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ABOUT ZERO LATENCY:

Zero Latency is a global leader in immersive entertainment, working at the cutting edge of VR and location-based experiences. With 70+ venues across 25+ countries, Zero Latency is the largest free-roam VR network in the world. Since opening the world’s first free-roam VR venue in 2015, Zero Latency has thrilled more than 3 million players worldwide.

Eight years ago, Zero Latency introduced the world to free-roam virtual reality – a new form of immersive entertainment that allowed us to explore mind-bending worlds without wires, cables, or other constraints.

SOCIAL MEDIA LINKS:

Instagram and TikTok: @zerolatencyvr

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LinkedIn: Zero Latency VR

Press Contact:

Luke Mitchell
PR & Communications Manager
+61 (0) 413 614 412
[email protected]

Zero Latency VR LOGO

Photo – https://mma.prnewswire.com/media/2165545/Champions_of_the_Undead_image.jpg
Video – https://www.youtube.com/watch?v=RWtEzVI1J50 
Logo – https://mma.prnewswire.com/media/2165546/Zero_Latency_Logo.jpg

 

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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

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