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Blockchain Press Releases

CDNetworks and 17LIVE Joined Forces to Deliver the Top Live Streaming Experience in Asia

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With seamless low-latency live streaming services and round-the-clock support, CDNetworks elevates 17LIVE’s live streaming user experience to greater heights.

SINGAPORE, Aug. 16, 2023 /PRNewswire/ — CDNetworks, an APAC-leading network to deliver edge as a service, proudly acknowledges its instrumental role in the ascent of 17LIVE, Asia’s leading live streaming platform. The collaboration between the two companies, which began in 2016, underpins 17LIVE’s evolution as today’s leading live streaming platform in Japan and, soon, across Asia.

With a wide range of content offerings that span interactive gaming, music, and art sharing, 17LIVE has become a major player in the live streaming industry since its inception in 2015. Its unique combination of low latency, high stability, and superior audiovisual presentation sets it apart from competitors, creating an immersive interactive experience for users. This exceptional user experience is closely tied to the robust CDN capabilities and Media Delivery technologies offered by CDNetworks.

How CDNetworks Powered up 17LIVE’s Live Streaming Business

Enhance Global Network Infrastructure (High-performance Cross-border Streaming)

With a mission “To empower human connections through live technology,” 17LIVE dedicated itself, from day 1, to serving global users with an unparalleled experience. CDNetworks, with over 2,800 points-of-presence in more than 70 countries and regions around the world, provides 17LIVE with the high-quality CDN and streaming media distribution services it needs to deliver on this vision. Notably, in Asia, CDNetworks is recognized as the top-performing CDN provider, enabling 17LIVE’s live streaming platform to offer exceptional service and gain a competitive edge right from the beginning.

For regions such as China, that enforce unique internet policies, CDNetworks overcame cross-border latency issues and unstable connections through its China Premium Service. This service enables live streaming viewers and key opinion leaders (KOLs) to engage in seamless cross-country interactions without limitations.

Enable Low Latency Streaming

Unlike some other CDN providers, CDNetworks is one of the few that offers latencies as low as 3 seconds for live streaming platforms through its support of FLV large volume distribution. This protocol not only provides lower latency compared to HLS/DASH, RTMP, and other protocols. It also helps live streaming platforms avoid the high costs associated with using ultra-low latency technologies that are required only for live event broadcasting. It perfectly suits the round-the-clock continuous live streaming business of 17LIVE.

17LIVE’s growing user base is evidence of how low latency in the live streaming arena can be critical to a company’s success by unlocking 17LIVE’s many interactive features. Currently, 17LIVE has successfully developed multiple apps, including video streaming, voice streaming, and e-commerce streaming, all built around low latency features.

Create Immersive User Experiences

To build a platform that delivers a truly immersive live streaming experience, 17LIVE leverages the various streaming media processing technologies provided by CDNetworks, including screenshot, recording, and storage, to further enhance user engagement on their platform. For example, through the screenshotting and recording features, the platform can set corresponding covers for channels and provide users with the ability to replay content, thereby increasing interactive communication on the platform.

At the same time, CDNetworks also offers transcoding to adapt and transcode live streaming content based on different network environments and device terminals. This approach ensures seamless end-to-end interactive experiences for users.

Boost Daily Operation Efficiency

With the exponential increase in the number of users and KOLs, the 17LIVE platform was in dire need of finding an automated solution that could regulate and store the mounting amounts of real-time content that were being generated on a daily basis. To address this challenge, CDNetworks built an efficient moderation and storage mechanism using the aforementioned streaming technologies that helped 17LIVE reduce the manpower required to perform daily operations. In this way, 17LIVE’s backend team could easily monitor the entire platform around the clock, utilizing AI-monitoring and machine-learning technologies to prevent any illegal and inappropriate conduct on its streaming platforms.

Provide 24/7 Dedicated Support

CDNetworks formed a dedicated work group to provide wide ranging services such as business analysis, instant message services, policies customization & optimization, configuration validation, emergency response, and proactive optimization. CDNetworks also arranged periodic business reviews that enabled 17LIVE to boost its key technology iterations.

“The CDNetworks’ media delivery solutions provided to 17LIVE can be described as all-weather, all-encompassing, and multi-dimensional. We are fortunate to have become a valued partner from the very beginning of 17LIVE and witness its growth into the Asia’s leading live streaming platform. 17LIVE’s ongoing success serves as a testament to CDNetworks’ cutting-edge media delivery solutions in the industry.” said Doyle Deng, Head of Global Marketing and Product at CDNetworks.

Regarding this successful cooperation Andy Tseng, Sr. Engineering Director from 17LIVE commented, “CDNetworks has been our trusted growth partner since 2016. Their services continue to play a critical role that empower us to meet the increasing demands of our growing business year after year. Their robust content delivery network, media processing capabilities, and supporting services enable us to provide exceptional streaming experiences to our end users and ultimately become the largest live streaming platform in Asia.”

Looking ahead, CDNetworks and 17LIVE are committed to further enhancing the live streaming experience for users and expanding 17LIVE’s global reach. Both companies have ambitious plans for innovation, content delivery, and audience engagement, with the goal of providing the best live streaming platform to global viewers.

About CDNetworks

As the APAC-leading network with over 2800 global Points of Presence and more than 20 years of technology experience, CDNetworks embraces the new era of Edge and takes it to the next level by using the Edge as a service to deliver the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, zero trust security, and colocation services — all of which are uniquely designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn

About 17LIVE

17LIVE (one seven live) is Japan’s largest* live-streaming platform and is located in Tokyo, headed by Global CEO, Hirofumi ONO. With a mission to “Empower Human Connections through Live Technology”, we aim to create a world where users can enjoy every moment of their lives on the seven continents under one sky. The platform reached 50 million registered users worldwide as of September 2021. For more information about the company, please visit https://jp.17.live/ 

*Data from App Annie on downloads and sales (January-December 2020)

Media Contact
CDNetworks Co. Ltd
media@cdnetworks.com
www.cdnetworks.com

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Blockchain

HIPTHER and INO Partner for Community-led Business Growth Event in the Baltics

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HIPTHER, the leading organizer of premier Gaming and Technology conferences in Europe, is thrilled to announce its partnership with the Internet Native Organization (INO) for the special side event Fueling Business Growth with Community-Driven Workscheduled take place at the conclusion of the MARE BALTICUM Gaming & TECH Summit 2024 on June 5.

Innovation & Networking in Tallinn

The MARE BALTICUM Gaming & TECH Summit by HIPTHER is a pioneering event series for the Baltic and Nordic regions. Since its inception in 2018, it brings together industry leaders, visionaries, and innovators from iGaming, eSports, Blockchain, Artificial Intelligence, Fintech, FashionTech, Virtual Reality, Mobility, Climate Change, and EdTech sectors.

This year, MARE BALTICUM takes place in cutting-edge Tallinn, where community-driven work has been transforming Estonia to a tech innovation hub.

The Internet Native Organization (INO) is a nonprofit organization born in the heart of Estonia’s digital society with the mission to construct accessible and legally compliant building blocks for advancing global adoption of Internet Native Organizations, guiding the digital era towards a more equitable and efficient future.

Fueling Business Growth with Community-Driven Work

INO partners with Intersect, a member-based organization that puts the community at the heart of their development strategy, and HIPTHER, for their first-ever local Cardano community meetup in Tallinn: “Fueling Business Growth with Community-Driven Work“.

HIPTHER’s Co-Founder and Head of Business, Zoltan Tuendik, will be joining as an expert speaker at the Panel “Community-led Growth”.

Zoltan will share valuable insights from his extensive experience as a community builder uniting the realms of iGaming, Technology, and Compliance through his multi-year activity as event organizer and show host trusted across industries.

​We invite all business leaders, entrepreneurs, academics, lawyers and community advocates to this event, where we will share the tools and knowledge to unlock the power of community-driven work and achieve exponential impact.

Are you curious about how community collaboration can supercharge your business?

Join us on June 5th, after the MARE BALTICUM Gaming & TECH Summit, at PwC Estonia for an exclusive meetup diving deep into the strategies and insights that drive real results!

The event will feature a presentation on the Introduction and Inner Workings of Intersect, followed by a thought-provoking panel discussion with diverse experts who will share their experiences and best practices for tapping into collective intelligence to fuel business growth. Attendees will gain valuable insights into creating a collaborative ecosystem that nurtures innovation and drives progress.

Fueling Business Growth with Community-Driven Work – AGENDA

  • ​6.00 PM: Opening
  • ​6:15 PM – 6:30 PM: “Intro & about INO” / Astra Tikas & Kaisa Keerd, Internet Native Organization.
  • ​6:30 PM – 6:45 PM: “Cardano and Intersect” / Tevo Saks, Cardano.
  • ​6:45 PM – 7:30 PM: Panel discussion: ” Community-led Growth” / INO, Zoltan Tuendik
  • ​7:30 PM – 7:40 PM: Closing Remarks and Next Steps. How can one be involved with Intersect? / Kaisa Keerd
  • ​7:40 PM – 9:00 PM: Networking + food & drinks 

Join us and Stay ahead of the curve:

Learn from industry experts about compliant and practical DAO applications. Network with pioneers from the Cardano community and Estonian DAO enthusiasts. Whether you’re new to DAOs or a seasoned pro, this event has something for everyone!

​Secure your spot today! FREE TICKETS with limited space

The post HIPTHER and INO Partner for Community-led Business Growth Event in the Baltics appeared first on HIPTHER Alerts.

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Blockchain Press Releases

Aperture Finance Secures Series A Funding at a $250M Fully Diluted Valuation to Build Intent-based Architecture for DeFi

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 $APTR native platform token set for release on May 31, 2024

MOUNTAIN VIEW, Calif., May 29, 2024 /PRNewswire/ — Aperture Finance, a decentralized finance (DeFi) platform pioneering AI-powered intents, has raised a Series A funding round, bringing the total across all rounds to $12 million and valuing the project at $250 million. The round was led by top-tier venture capital firms including Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from notable investors like Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC, and Double Peak. Previous rounds included participation from ParaFi Capital, Arrington Capital, Divergence, Blockchain Founders Fund, Laser Digital (Nomura Group), Skyland Ventures, Costanoa, Rarestone, Krypital Group, Big Brain Holdings, LD Capital, ViaBTC, Cipholio, Double Peak, Athena Ventures, Coinseeker, Artemis Capital, and AWS.

Aperture Finance is innovating the use of Intents, a novel approach designed to streamline complex DeFi operations. Unlike traditional transactional methods, Intents allow users to specify their desired outcomes, simplifying interactions with DeFi protocols and enhancing accessibility. This innovative system leverages Uniswap V3, enabling users to declare end goals, such as liquidity rebalancing at specific price points, with transactions executed only when these conditions are met. The platform is already live on 9 EVM-compatible chains, processing a transaction volume exceeding $2.7 billion with 280,000+ unique users and 15k+ daily active users.

“Intents architecture bridges the gap between sophisticated financial strategies and everyday DeFi users,” said Yonkuro, Head of Crypto at Skyland Ventures. “By enabling users to articulate their financial goals in natural language, Aperture is  making advanced DeFi tools accessible to a broader audience, from retail investors to institutional players.”

The platform’s decentralized network of solvers calculates optimal transaction flows, which are then simulated and ranked by Aperture’s smart contracts. Initially launching with a centralized solver, the network has expanded to third-party solvers including Propeller Heads and Enso Finance with other solvers like Tokka Labs set to join in Q3 2024.

Aperture plans to further leverage its Large Language Model (LLM) interface that will convert user intents expressed in natural language into a domain-specific language (DSL) that can be codified on-chain. This feature aims to ensure clarity and precision in user instructions, further democratizing access to complex financial instruments.

“Aperture Finance is committed to reducing the learning curve in DeFi and providing more strategic options for our users,” said Peter Tan, Head of Product at Aperture Finance. “Our goal is to offer the same level of execution and pricing typically reserved for large institutions, making DeFi more inclusive and effective.”

The new funding will support the development of Aperture’s Intents infrastructure, expand its solver network, and enhance the user experience with the forthcoming LLM integration. This investment underscores the growing confidence in Aperture Finance’s potential to transform the DeFi landscape.

Following a successful airdrop campaign with participation from over 300,000 users, Aperture Finance will launch its $APTR token on Bybit on May 31, 2024.

About Aperture Finance
Aperture Finance is a pioneer in AI-powered intents to enhance the DeFi experience. Featuring an IntentsGPT interface and an AI-driven smart solver simulation, Aperture’s native solver network provides any DeFi user with institutional-grade intelligence. Combining the brightest minds in technology and finance, the founding team includes alumni from Amazon Web Services and Google, Stanford, Cornell, and UC Berkeley, and Citadel, JPMorgan Chase, and AIG. Aperture was a cohort member of Most Valuable Builder V by Binance Labs and participated in CoinMarketCap (CMC) Accelerator and HK Cyberport Incubation Programs.

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Blockchain

Vitalik Buterin claws back crypto community’s right to redefine ‘inflation’

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Ethereum’s co-founder argues for the crypto community’s authority to redefine “inflation” as the expansion of currency supply, challenging conventional economic definitions and tackling misinformation.

Vitalik Buterin, one of the creators of Ethereum, has emphasized that the crypto community has already staked its claim to redefine the term “inflation.”

Buterin’s remarks were prompted by a post from digital media outlet Axios, which humorously suggested that “inflation” now refers to high prices rather than the traditional concept of rising costs.

Although the Axios post was presented in a lighthearted manner, Community Notes (CN) clarified that the definition of inflation remains unchanged.

Buterin’s response, posted on Farcaster, contested Axios’ interpretation of inflation by asserting that the crypto community has already reshaped the meaning of the term.

“[…] we already decided that it now just means ‘increase in the total supply of a currency’.”

Buterin’s rebuttal garnered support from other users on Farcaster, including former Coinbase employee Binji.eth.

Traditionally, inflation refers to the general increase in the price level of goods and services, resulting in decreased purchasing power as currency value diminishes.

However, Buterin’s argument suggests a cultural shift in the definition of inflation, proposing that ongoing global inflation arises from an essentially unlimited increase in the total supply of currency.

Tech investor Lee Edwards criticized Axios’ initial post for perpetuating misconceptions rather than educating readers.

Buterin has recently been active on Farcaster, advocating for community-driven solutions and initiatives focused on preserving privacy and addressing exploitation issues.

While Buterin has not commented on the concerns surrounding Ethereum Foundation researchers Dankrad Feist and Justin Drake’s involvement with EigenLayer, their decision to become advisors at EigenLayer in exchange for significant compensation in EIGEN tokens has sparked debate within the crypto community.

While some members support the transparency of the disclosures, others have criticized the decision, suggesting that the substantial compensation could influence decision-making.

Source: cointelegraph.com

The post Vitalik Buterin claws back crypto community’s right to redefine ‘inflation’ appeared first on HIPTHER Alerts.

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