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Blockchain Press Releases

Bybit Lights Up Dubai with Exclusive Events, Heavyweight Panels at Blockchain Life and Token2049: Shaping the Future of Blockchain

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DUBAI, UAE, April 4, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, today announced the participation of its leadership team at the Blockchain Life 2024, Token2049, and special networking events in Dubai. This industry gathering presents a dynamic platform for Bybit to showcase its unwavering commitment to innovation, collaboration, and the responsible social advancement of blockchain technology.

Bybit’s leadership team will actively engage in thought-provoking panel discussions, covering a wide range of groundbreaking topics including the evolving role of crypto exchanges, the transformative power of blockchain for social good, and other exciting topics. Here’s a snapshot of the Bybit team’s agenda:

  • Shaping the Evolving Role of Crypto Exchanges: Bybit CEO Ben Zhou will engage in a dynamic dialogue on the role of cryptocurrency exchanges in derivative market development on April 15th.
  • Driving Social Impact: Bybit COO Helen Liu to introduce the new Blockchain for Good Alliance(BGA): Supporting projects that are making a positive impact and fueling the dreams of changemakers.
  • Fostering Innovation: The Bybit x ICP Hack to Future with Head of Financial Products Hao Yang on April 16th. Discussing the innovative projects shaping the ICP ecosystem in the region, and rubbing shoulders with investors, partners, and influencers.
  • Building Strong Collaborations: Bybit will host a series of networking events from April 15th to 20th, including the Bybit VIP Gala for MENA Networking Event and the Bybit x DMCC Web3 night in Dubai, fostering collaboration and driving the industry forward.
  • Connecting with the Community: Bybit representatives will be readily available at Token2049 Dubai on April 18th, showcasing Bybit’s cutting-edge products and engaging with attendees.
  • Charting the Course for Mass Adoption: Exclusive sessions on Web3 security and mass adoption, alongside a luxurious VIP Gala Dubai on April 19th and 20th, set the stage for the widespread adoption of blockchain technology.

“Bybit is here to empower users, connect the industry, and lead the way in this transformative journey,” said Ben Zhou, Co-founder and CEO of Bybit. “We’re excited to be at the forefront of these discussions in Dubai’s robust blockchain environment, and we invite everyone to join us as we navigate this exciting future together.”

#Bybit / #TheCryptoArk / #BybitWeb3 / #keytoWeb3

About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by trading volume with 25 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Lukka Acquires Coinfirm bringing Audited Data to Blockchain Analytics, Compliance, and Investigations

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NEW YORK, May 21, 2024 /PRNewswire/ — Lukka, the global leader in enterprise digital asset data and software solutions, proudly announces its acquisition of Coinfirm, a top-tier European based blockchain analytics software company. This acquisition deepens Lukka’s existing capabilities to now support a comprehensive set of on-chain analytics of compliance, AML, sanction screening, entity due diligence, and investigations business needs. The new combined offering utilizes the industry’s only audited, institutional grade datasets at a time when trust in the quality and accuracy of data has become essential.

Since 2016, Coinfirm has been at the forefront of digital asset transaction analysis and monitoring, specializing in compliance, AML (Anti-Money Laundering) detection, and advanced blockchain analytics. Lukka’s enterprise focused approach integrates Coinfirm blockchain data into its platforms with conventional financial information, and maintains existing trusted standards in the form of an AICPA SOC Operational risk controls. Coinfirm was a natural addition to Lukka’s existing product suite due to their prior adherence to AICPA SOC 2 standards, audited by a Big 4 accounting firm. 

“Our customers have stated very clearly that they want data that they can trust and that they have too many overlapping vendors, which creates inefficiency and unnecessary spending. We spent years of due diligence across hundreds of businesses and customer feedback discussions and very carefully selected Coinfirm.

Ultimately, the decision was easy – the team that they have built is incredibly talented and their data quality is best in class. At Lukka we know data and the data behind their on-chain analytics and investigative products was the most comprehensive and highest quality. Lukka is a single provider for all of your crypto data needs.”    said Robert Materazzi, CEO at Lukka.

The integration of the Coinfirm team and products with Lukka is not just an expansion of services but a strategic move towards offering an unmatched range of on-chain and off-chain data solutions.  In addition to Lukka’s commercial strategy, the story doesn’t end with this acquisition. Lukka is continuously assessing opportunities to partner and work with great teams across the world.

About Lukka

Founded in 2014, Lukka serves the most risk-mature businesses in the world with institutional data and software solutions. As a global company, headquartered in the United States, Lukka bridges the gap between the complexities of blockchain data in a global crypto ecosystem with traditional business and reporting requirements.

All of Lukka’s products are created with institutional standards, such as AICPA Service and Organization Controls (SOC), which focus on data quality, financial calculation accuracy & completeness, and managing technology operational risk. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.

Our global team looks forward to partnering with you to solve your data challenges.

For information about Lukka, visit lukka.tech.

Media Contact:
Rafal Janik
[email protected] 

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Blockchain Press Releases

Livepeer launches subnet for AI compute to process generative video

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Livepeer AI tackles one of the most pressing challenges of the AI boom: the exponential demand for AI compute capacity

NEW YORK, May 21, 2024 /PRNewswire/ — Open video infrastructure network Livepeer has announced the launch of its AI subnet. As the usage of generative AI increases, there’s a commensurate need for more adaptable, dynamic access to AI compute capabilities for builders, creators and developers, says Livepeer CEO Doug Petkanics:

“AI inference is one of the most costly and compute heavy challenges with generative AI,” says Livepeer CEO Doug Petkanics. “Our global network of decentralized nodes can serve the growing demand for AI compute – demand that will only grow exponentially as text-to-video models become embedded across entertainment, social media and gaming.”

The Livepeer AI subnet allows hardware providers to earn fees for contributing their GPUs for AI inference jobs such as text-to-image, text-to-video and image-to-video. The subnet is a fork of the main Livepeer network, which enables new AI capabilities while still using the Livepeer protocol for discovery and payments to nodes.

The goal of the subnet launch is to on-board nodes to support Livepeer’s new AI capabilities, perform testing and collect data from strategic test partners that benchmark the cost effectiveness of the Livepeer network for performing AI inference at scale, continues Petkanics:

“After validation, the team will merge these capabilities into the core Livepeer clients, add additional job types, and grow the ecosystem around leveraging additional forms of AI-based video compute. The goal is to enable AI developers to bring their own models, weights, fine-tunings, or deploy custom LoRAs on top of existing foundational models within the network. These will give the ultimate flexibility to developers, who can design bespoke workflows to support any type of AI media compute need imaginable.”

The team is currently targeting an August launch for the Livepeer AI mainnet, which will allow builders, creators and developers to leverage Livepeer’s cost-efficient, reliable and scalable infrastructure for all of their generative AI compute needs.

Livepeer joins the C2PA to fight deepfakes

Livepeer is the first open infrastructure network to join the Coalition for Content Provenance and Authenticity (C2PA), an open technical standard providing publishers, creators, and consumers the ability to trace the origin of different types of media. Other members include TikTok, Adobe, Google, Sony, Intel, BBC, Microsoft and OpenAI.

“When it comes to AI, content provenance is difficult,” says Petkanics. “The infrastructure layer is ideally positioned to be a crucial stopgap for misinformation, as it can seamlessly fingerprint content as it moves from creation to editing, distribution and consumption. We’re committed to supporting content authenticity wherever possible to rebuild trust and embed verifiable metadata that enables attribution at each stage of the content lifecycle.”

Learn more at livepeer.ai.

Media inquiries:
[email protected]

About Livepeer

Founded in 2017 by Doug Petkanics and Eric Tang, Livepeer is an open video infrastructure network for transcoding video and processing generative video. Learn more at livepeer.org.

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Blockchain

Virtualness want to be the Canva of Blockchain:Kirthiga Reddy

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Virtualness is positioning itself as the Canva of the blockchain world, according to Kirthiga Reddy. Reddy, the former Managing Director of Facebook India, is now the CEO of Virtualness. She believes that the platform can empower users to create content and communities in the virtual space, similar to Canva’s success in the design world.

Virtualness aims to provide tools and resources that simplify the process of creating and managing virtual communities. Reddy envisions the platform as a one-stop destination for individuals and businesses looking to leverage the power of blockchain technology for community building.

The platform offers a range of features, including customizable templates, social media integration, and analytics tools, designed to streamline the creation and management of virtual communities. Reddy highlights the platform’s user-friendly interface and intuitive design as key factors in its appeal to users.

Virtualness is tapping into the growing demand for virtual experiences and communities, driven by the shift towards remote work and digital interaction. Reddy sees immense potential in the platform’s ability to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world.

With Virtualness, Reddy aims to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world. She believes that the platform has the potential to revolutionize the way people interact and collaborate online, much like Canva has transformed the design industry.

Virtualness has already garnered attention from investors and industry experts, positioning itself as a promising player in the burgeoning virtual community space. Reddy’s vision for the platform reflects her deep understanding of the digital landscape and her commitment to driving innovation in the blockchain industry.

Overall, Virtualness is poised to make a significant impact in the virtual community space, offering users a powerful tool to create, manage, and monetize their virtual experiences. With Reddy at the helm, the platform is well-positioned to become the go-to destination for virtual community building, much like Canva has become synonymous with design excellence.

Source: exchange4media.com

The post Virtualness want to be the Canva of Blockchain:Kirthiga Reddy appeared first on HIPTHER Alerts.

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