Author: Vidya Saras

17 July 2024 EEA today published the DeFi Risk Assessment Guidelines, Version 1 <https://entethalliance.org/specs/defi-risks/>. This is a pioneering document compiling risks for DeFi protocols, along with mitigation strategies. The guidelines also cover the documentation and data a project should have available to help investors assess and manage those risks and mitigations. The standard has been produced, and will be maintained, by the EEA’s DRAMA Working Group. That group has brought together top representatives of the blockchain and financial industries to fortify the DeFi ecosystem against a spectrum of risks. Banco Santander, Bitwave, C4, Certik, Coinchange, Consensys, Cryptio, Cube.AI, DeFi Safety,…

Metaversal is a Bankless newsletter for weekly level-ups on NFTs and the onchain frontierDear Bankless Nation,The rise of the smart open metaverse—what I call the crossroads of AI, crypto, and virtual reality—will lead to an explosion of cultural activity over the next few decades. That said, one major star in today’s AI scene is Midjourney, whose tech offers some of the most stunning text-to-image capabilities currently possible. Already, though, the Midjourney team is also angling toward VR and real-time world simulations, i.e. generating lifelike digital spaces.These sorts of generative environments have so many potential use cases and can provide a foundation to…

For serious students, intertwining play and activity in their educational framework could result in unmatched cognitive and academic benefits. The notion that play and creativity are mere extracurricular activities is a misconception. For serious students, intertwining these aspects within their educational framework could result in unmatched cognitive and academic benefits. When one combines the discipline of study with the innovation of creativity, the outcome is a well-rounded and adaptable mind. In this article, we delve into how the merging of learning, play, and creativity is imperative for academic success. Strategies for Incorporating Play and Creativity into Serious Study Routines Incorporating…

Morris, another member of NaNo’s writers board, first learned of the statement early Monday morning from a Facebook friend’s post. She immediately took action, publicly severing her ties with the organization, and even deleting her decades-old account on the NaNo site. ”I have a very hard line when it comes to these generative AI programs,” she says.In a blog post, Morris elaborated on the issues she has with the use of AI in creative work: The platforms are unethical, the tech scrapes content from published authors without paying royalties or fees, and it robs writers of the opportunity to find…

One blockchain is at the heart of the modern web3 landscape – Ethereum.As the first blockchain to support smart contracts, and therefore decentralized applications (dApps), Ethereum revolutionized the potential of blockchain technology – and today, it forms the sturdy core that so many facets of the industry branch from: NFTs, web3 gaming, DeFi and more.Rather than resting on its laurels, Ethereum has a dedicated development team that’s forever looking to push the boundaries of web3 technology even further – but what are these developments? How has Ethereum become a vital part of blockchain technology, and what should you know about…

Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often gains strength, and this dynamic might now be setting the stage for restarting the BTC bull cycle.DXYThe Dollar Strength Index (DXY) measures the value of the U.S. dollar against a basket of other major global currencies. Historically, a declining DXY has often coincided with significant rallies in Bitcoin’s price. Conversely, when the DXY is on the rise, Bitcoin tends to enter a bearish phase. Figure 1: Bitcoin and DXY have historically been inversely correlated. View Live Chart…

The two most popular cryptocurrencies in the world are Bitcoin (BTC) and Ethereum (ETH), and many novice cryptocurrency investors start their crypto journey with these two.Bitcoin Vs Ethereum — Which is Better Investment in 2023People often consider Bitcoin and Ethereum as the Cristiano Ronaldo and Lionel Messi of the Crypto world. However, they are thought to be №1 and №2 in terms of total market cap and public reputation. One may see that these two notions serve quite distinct functions as we go deeper into their specifics.2021 was a fantastic year for cryptocurrency. Most of the largest currencies increased by…

ConsenSys is set to deploy Linea, its ZK-rollup network, to the main Ethereum network. Linea uses zero-knowledge (ZK) cryptography to offer cheaper and faster blockchain transactions; ConsenSys says fee rates, known as gas prices, will be 15 times less on Linea than Ethereum. ConsenSys says it does not currently have plans for a Linea token. ConsenSys, the research and development firm behind the popular Metamask crypto wallet, plans to roll out its layer-2 network, Linea, to the main Ethereum network this week. The so-called rollup network is known as a zkEVM, which means it relies on zero-knowledge (ZK) cryptography –…

PRESS RELEASE – Hexagon’s Safety, Infrastructure & Geospatial division announced that IP Telecom – Infraestruturas de Portugal Group, one of Portugal’s largest fiber optic providers, selected Hexagon solutions for planning, maintaining and optimizing the company’s nationwide fiber network. IP Telecom’s extensive network includes nearly 7,000 km of cables delivering services to customers across the country, including Portugal’s national rail and road infrastructure. The Hexagon digital twin solutions will increase the daily productivity and enable IP Telecom to provide a more resilient communications network that can be expanded effectively and efficiently. Having a real-time digital representation will enable staff to pinpoint…

Kamala Harris could support crypto to a greater extent than Joe Biden but may also pursue investor protections. Democratic U.S. presidential candidate Kamala Harris will support growth of the crypto sector in her policies, Bloomberg reported on Aug. 21. Senior campaign advisor for policy Brian Nelson commented on the matter. During a Bloomberg News roundtable at the Democratic National Convention, he said: “[Harris is] going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.” Harris is still expected to impose broader safeguards on the crypto sector. Nelson stressed the Harris campaign’s…