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πŸš€ FarCon Asia 2024 Kicks Off In Singapore Highlighting Farcaster Ecosystem Innovations

According to BlockBeats, the first large-scale Farcaster ecosystem offline event in Asia, FarCon Asia, officially commenced today at 10:00 AM UTC+8 at The Art House in Singapore. The event is co-hosted by BlockBeats and aims to delve into the innovative achievements of the Farcaster ecosystem and the future prospects of Web3 social interactions. The conference seeks to break the traditional one-way communication stereotype often associated with financial crypto conferences.

The event will feature comprehensive coverage of speeches by notable figures such as Farcaster founder Dan Romero, key community contributor Ted, Base creator and protocol lead Jesse Pollak, A16Z crypto investment partner Jane Lippencott, DWF Labs managing partner Andrei Grachev, and Dragonfly partner Cheryl Chan. These speakers are expected to provide valuable insights into the Farcaster ecosystem and its developments.

Scheduled from September 16 to 17, the conference is a collaborative effort between Tako Protocol, BlockBeats, and Jam. It is anticipated to attract over 500 participants, including Farcaster ecosystem builders, active users from Asia, venture capitalists, renowned investors, and seasoned researchers. The event aims to foster a deeper understanding of the Farcaster ecosystem's innovations and the evolving landscape of Web3 social platforms.


#FarConAsia2024 #Farcaster #Web3 #Singapore #BlockBeats #Crypto #SocialInteractions #Innovation #Conference #Ecosystem
πŸš€ The Graph Protocol Enhances Solana Data Interaction Tools

According to BlockBeats, on September 17, The Graph Protocol, a Web3 data blockchain protocol, announced the launch of new tools and resources designed to improve how developers interact with Solana data. The foundational modules of The Graph Protocol now offer enhanced support for Solana, aiding developers in leveraging fast, reliable, and organized on-chain data to accelerate development processes. These new modules cover most of Solana's DeFi projects, including DEX, NFT, AMM, and lending protocols. They provide critical access points to Solana data, enabling developers to quickly access indexed data in key areas of the Solana ecosystem.

The new modules utilize a new Codegen tool and GUI to simplify the developer experience (DevEx), allowing for the rapid and easy development of subgraphs locally or through GitHub Codespaces with all dependencies pre-installed. Subgraphs can now synchronize several orders of magnitude faster using the substream engine that supports graph nodes, reducing synchronization time from weeks to just a few hours. Developers can immediately access multiple subgraphs supported by Substreams, which are built and maintained by renowned teams and deployed on a decentralized network. The new, more detailed documentation and step-by-step guides enable developers to get started quickly and avoid unnecessary pitfalls. With substreams on Solana, all data can now be easily parsed.


#TheGraphProtocol #Solana #Web3 #DataInteraction #DeFi #DEX #NFT #AMM #LendingProtocols #DeveloperTools #Subgraphs #DecentralizedNetwork #Documentation #GitHubCodespaces #SOL #GRT
πŸš€ Rome Launches Private Devnet for Developers

According to Odaily, Rome has announced the launch of its private Devnet on platform X. Starting today, developers, searchers, and solvers can build on the Rome protocol's EVM, L2, and Interop foundations. This will enable them to access Ethereum's liquidity and benefit from Solana's speed and decentralization. Rome is leveraging Solana's consensus to provide a fast, decentralized, and cost-effective multi-chain DApp experience with interoperability.

#Rome #Devnet #Developers #EVM #L2 #Interop #Ethereum #Solana #MultiChain #DApp #Decentralization
πŸš€ Wintermute Increases NEIRO Holdings Amid Price Drop

According to BlockBeats, Wintermute has significantly increased its holdings of NEIRO tokens. Monitoring data from Spot On Chain reveals that Wintermute added 19.11 million NEIRO tokens in the past 24 hours, bringing its total holdings to 55.36 million tokens, valued at approximately $4.11 million.

In related news, market data indicates that the price of NEIRO, a meme token on the Ethereum blockchain, has experienced a substantial decline. Over the past 24 hours, NEIRO's value has dropped by 41.35%, with the current price standing at $0.07356.


#Wintermute #NEIRO #tokens #Ethereum #meme #priceDrop #blockchain #marketData
πŸš€ ARK Invest Receives Significant Bitcoin Transfers

According to PANews, Arkham monitoring data reveals that a total of 1,657.93 BTC, valued at approximately $96.26 million, has been transferred from three unidentified addresses to ARK Invest's Bitcoin ETF. The transfers occurred as follows:

Two unidentified addresses transferred a total of 858.93 BTC, worth around $50.03 million, to the ARKB 21Shares Bitcoin ETF address approximately 13 hours ago. Following this, ARK Invest moved these funds to another address within its ETF.

Another unidentified address transferred 799 BTC, valued at about $46.23 million, to the ARKB 21Shares Bitcoin ETF address around 11 hours ago. Subsequently, ARK Invest also moved these funds to another address within its ETF.


#ARKInvest #Bitcoin #BTC #ETF #Cryptocurrency #PANews
πŸš€ Hong Kong Launches New Industrial Acceleration Program

According to PANews, the Hong Kong Special Administrative Region (HKSAR) Government's Innovation and Technology Commission has announced the launch of the 'New Industrial Acceleration Program.' This initiative aims to provide funding for companies engaged in strategic industries to establish new smart production facilities in Hong Kong. Eligible enterprises are encouraged to apply for the program.

A spokesperson from the Innovation and Technology Commission stated that to promote the development of downstream new industries, the Chief Executive of the HKSAR proposed allocating HKD 10 billion in the 2023 Policy Address to implement the 'New Industrial Acceleration Program.' Under this program, the HKSAR Government will provide funding in a matching ratio of 1 (government) to 2 (enterprise) to support companies involved in strategic industries. These industries include life and health technology, artificial intelligence and data science, advanced manufacturing, and new energy technology. The HKSAR Government aims to encourage enterprises to leverage innovative technology to achieve smart manufacturing and enhance competitiveness.


#HongKong #IndustrialAcceleration #Innovation #Technology #SmartManufacturing #StrategicIndustries #Funding #LifeHealthTechnology #ArtificialIntelligence #DataScience #AdvancedManufacturing #NewEnergyTechnology
πŸš€ Heroes Of Mavia Launches Web Ruby Market

According to Odaily, the blockchain game Heroes of Mavia has announced on the X platform the launch of the Web Ruby Market. This new market will encompass essential elements of the Mavia ecosystem, including the integration of MAVIA tokens. Additionally, several other features are expected to be introduced in the coming months.

#HeroesOfMavia #WebRubyMarket #BlockchainGame #MAVIA #Gaming #Crypto #NFT
πŸš€ Base Protocol Celebrates One-Year Anniversary With Global Expansion Plans

According to BlockBeats, on September 17, Base founder Jesse Pollak delivered the opening speech at FarCon Asia, the first major Farcaster ecosystem offline event in Asia. Pollak highlighted that Base Protocol has been operational for a year and now possesses its own culture, mission, vision, and strategy. The primary focus is on promoting Base globally. The plan involves traveling to various parts of the world to engage with builders, understand how to support them, and help them achieve greater success. Base Network aims to showcase use cases for crypto consumers beyond just financial transactions, enabling developers to create social products in new ways accessible to everyone. Pollak believes these applications will drive the next wave of users, growing from millions today to billions in the coming years.

Pollak also emphasized the excitement around non-USD stablecoins. Base sees the need for stablecoins in currencies like the Singapore dollar, euro, and Nigerian naira. If Base can bring all global currencies on-chain, it would revolutionize the perception of money, making transactions ten times faster and cheaper, providing better financial services to global users. Base aims to foster a vibrant ecosystem with applications that offer compelling reasons for participation, and to establish deep capital markets for efficient, high-liquidity trading.

FarCon Asia, the first major Farcaster ecosystem offline event in Asia, was co-hosted by Tako Protocol, BlockBeats, and Jam. The conference aims to explore and showcase the innovative achievements of the Farcaster ecosystem and the future prospects of Web3 social networking, breaking the stereotype of one-way output in traditional financial crypto conferences. The event is expected to attract over 500 attendees, including Farcaster ecosystem builders, active users in Asia, venture capitalists, renowned investors, and senior researchers.


#BaseProtocol #GlobalExpansion #FarConAsia #Farcaster #Web3 #Stablecoins #Blockchain #Crypto #FinancialServices #SocialNetworking #Innovation #Ecosystem
πŸš€ Tatsumeeko Integrates With Ronin Chain

According to Odaily, blockchain game Tatsumeeko has announced its integration with the Ronin chain on the X platform. Ronin has also confirmed this development. Previously, Tatsumeeko secured $7.5 million in seed funding, led by Delphi Ventures and other investors.

#Tatsumeeko #RoninChain #blockchain #gaming #seedFunding #DelphiVentures #RONIN
πŸš€ Larry Ellison And Elon Musk Request More Nvidia GPUs

According to Odaily, during a recent analyst meeting, Oracle co-founder and Chief Technology Officer Larry Ellison revealed that he and Elon Musk had dinner with Nvidia CEO Jensen Huang at Nobu Palo Alto, where they requested more GPUs from Huang. Ellison described the dinner as a plea for more GPUs, stating, 'I can describe that dinner as Elon and I begging Jensen for GPUs. Please take our money, and by the way, I have dinner ready. No, take a little more. We need you to take more of our money.' Ellison noted that the outcome was positive, saying, 'Everything went smoothly. I mean, it worked.' Oracle has heavily invested in GPU technology, particularly for AI applications. The tech giant recently reported its first-quarter results for fiscal year 2025, showing a 7% year-over-year revenue increase to $13.3 billion, with profits reaching $2.9 billion. Oracle also disclosed that it operates or is building 162 cloud data centers worldwide, with the largest being an 800-megawatt facility that will house 'acres of Nvidia GPU clusters' for training large-scale AI models. In the first quarter, Oracle signed 42 cloud GPU contracts totaling $3 billion. Similarly, Tesla relies on Nvidia GPUs to power its supercomputers, which train neural networks for its autonomous and assisted driving technologies.

#LarryEllison #ElonMusk #Nvidia #GPUs #Oracle #AI #CloudComputing #Tesla #Supercomputers #NeuralNetworks #AutonomousDriving
πŸš€ Victim Loses $649,000 Due To Incorrect Address Copy

According to Odaily, Scam Sniffer has reported that a victim lost $649,000 eight minutes ago after copying an incorrect address from a contaminated transaction record. The incident highlights the risks associated with handling digital transactions and the importance of verifying addresses before transferring significant amounts of money.

#victim #loss #scam #digitaltransactions #addressverification #risk #moneytransfer
πŸš€ AI Scientists Urge Global Regulatory Framework to Prevent Loss of Control

According to Odaily, a group of influential artificial intelligence scientists released a statement on September 16, urging countries to establish a global regulatory system to prevent humans from losing control over AI. The scientists warned that if such a loss of control occurs, the technology developed with human assistance could cause severe harm. The statement emphasized, 'Losing human control or the malicious use of these AI systems could have catastrophic consequences for all of humanity, yet we have not developed the necessary science to control and protect the use of such advanced intelligence.'

The scientists unanimously agreed that countries need to establish authoritative bodies to identify and respond to AI incidents and catastrophic risks within their jurisdictions. They also stressed the need for a 'global emergency plan' to address potential AI-related disasters.


#AI #ArtificialIntelligence #Regulation #GlobalFramework #Control #Safety #EmergencyPlan #Technology #HumanRights
πŸš€ Farcaster Founder Highlights Importance Of Authenticity At FarCon Asia

According to BlockBeats, on September 17, Farcaster founder Dan Romero emphasized the significance of authenticity during his opening speech at FarCon Asia, the first major offline event for the Farcaster ecosystem in Asia. Romero stated that authenticity is crucial on Farcaster, even more so than on most social networks. He noted that people genuinely care about those they perceive as real, and some negative habits from other social media platforms are not welcomed on Farcaster.

Romero highlighted that Farcaster places a greater emphasis on individuals, resonating with the needs of early community users. He believes that being oneself is more important than following social media tips for building a brand account. He compared it to attending a party where one introduces themselves first before discussing their activities, rather than the other way around, which makes the person seem less important.

Regarding content management, Romero mentioned that people are less sensitive about content management compared to personnel management. Farcaster's new approach to community management focuses on managing people rather than content. He described this model as giving a warm, club-like feeling, where users can create a shared identity and build a genuine community. This approach marks a significant shift from previous competitors. Farcaster plans to release a set of tools to help channel administrators gain more control over their spaces.

FarCon Asia, the first major offline event for the Farcaster ecosystem in Asia, was co-hosted by Tako Protocol, BlockBeats, and Jam. The conference aims to explore and showcase the innovative achievements of the Farcaster ecosystem and the future prospects of Web3 social networking, breaking the stereotype of one-way output in traditional financial crypto conferences. The event is expected to attract over 500 attendees, including Farcaster ecosystem builders, active users in Asia, venture capitalists, renowned investors, and senior researchers.


#Farcaster #authenticity #FarConAsia #Web3 #communitymanagement #socialnetworking #innovation #crypto #networking #ecosystem
πŸš€ Smart Money Trader Sees Significant Return On BASBYDOGE Investment

According to PANews, a savvy trader has accumulated a total of 1.72 trillion BASBYDOGE tokens over the past three years. The average entry price for these tokens was $0.0000000008, amounting to an investment of approximately $1.37 million. As the market has risen, the value of this investment has recently surged to $3.14 million, reflecting an impressive return on investment of around 228%.

#SmartMoney #Trader #BASBYDOGE #Investment #ReturnOnInvestment #Crypto #MarketSurge
πŸš€ Investor Accumulates 1.72 Billion BABYDOGE Over Three Years

According to BlockBeats, on September 17, monitoring by TheDataNerd revealed that an address identified as MrLUbd has accumulated 1.72 billion BABYDOGE tokens over a span of three years. The total value of these tokens is approximately $1.37 million, with an average cost of $0.0000000008 per token. The current value of the holdings stands at $3.14 million, reflecting an investment return rate of 228%.

#Investor #BABYDOGE #CryptoInvestment #TokenAccumulation #BlockBeats #TheDataNerd #MarketValue #InvestmentReturn
πŸš€ πŸ”₯ Ethereum Hits 42-Month Low Against Bitcoin β€” Bottom or More Pain Ahead? πŸ”₯

According to Cointelegraph: Ethereum (ETH) has hit a 42-month low against Bitcoin (BTC), raising concerns about further downside potential. As Bitcoin dominance rises to 58%, some analysts believe Ether may be nearing a local bottom, while others warn of more losses.BTC/USD downtrend. Source: Alex ThornThe ETH/BTC ratio dropped to levels not seen since April 2021, sparking debate among experts. Alex Thorn, head of research at Galaxy, highlighted the 53% decline since Ethereum's Merge in September 2022, asking, β€œWhat stops this train?” Source: Fred KruegerInvestor Fred Krueger believes Ether could face continued weakness against Bitcoin, noting that Ether exchange-traded funds (ETFs) have experienced $581 million in net outflows since launch. By contrast, Bitcoin ETFs have attracted substantial inflows, driving BTC's price gains. Ethereum ETF Flow (USD, million). Source: Farside InvestorsDespite the bearish sentiment, some analysts see a possible recovery. Crypto trader Anbessa suggested that the ETH/BTC ratio may have hit the bottom near 0.03845 BTC based on historical Fibonacci retracement levels, while investor Hedgex pointed to Ethereum’s oversold relative strength index (RSI) as a sign of a potential rally. ETH/BTC, 3-day chart, breakout. Source: AnbessaThe market remains divided, with some expecting a recovery and others bracing for further losses. ETH/BTC, all-time chart. Source: Hedgex

#Ethereum #Bitcoin #ETH #BTC #CryptoMarket #ETFs #Fibonacci #RSI #MarketAnalysis #Bearish #Recovery
πŸš€ SEC Commissioners Criticize $750K FlyFish Club NFT Settlement, Call for More Room for Experimentation

According to Cointelegraph: SEC Commissioners Hester Peirce and Mark Uyeda have criticized their agency’s $750,000 settlement with FlyFish Club, a non-fungible token (NFT)-based restaurant, for allegedly conducting an unregistered offering of crypto asset securities. The SEC claimed FlyFish made $14.8 million by selling 1,600 NFTs, triggering securities laws. However, Peirce and Uyeda argued the NFTs were merely a creative membership model and shouldn’t fall under securities regulations.In their dissenting letter, the commissioners stated, "Creative people should be able to experiment with NFTs without having to consult a high-priced tea-leaf readerβ€”ahem, lawyer." They emphasized the need for clearer guidance to allow NFT creators more freedom.FlyFish Club, founded by entrepreneur Gary Vaynerchuk, offered NFTs granting access to a high-end dining experience in Manhattan. The restaurant is set to open soon, but the SEC’s action requires FlyFish to destroy unsold NFTs and forfeit any future royalties. This settlement follows recent SEC actions against other NFT projects, such as Impact Theory and Stoner Cats 2. 

#SEC #FlyFishClub #NFT #crypto #HesterPeirce #MarkUyeda #cryptosecurities #innovation #art #regulation
πŸš€ Farcaster Founder Discusses Measures Against Bots At FarCon Asia

According to BlockBeats, on September 17, Farcaster founder Dan Romero addressed questions regarding the platform's $5 entry fee aimed at preventing bots during FarCon Asia, the first major offline event for the Farcaster ecosystem in Asia. Participants inquired whether the fee would be removed given the continued presence of bots in the community.

Romero acknowledged the concern, stating that the issue is under constant consideration. He explained that making the platform free would lead to an overwhelming influx of spam, potentially causing the system to collapse. He compared this to the transaction fees on Ethereum and Bitcoin, noting that without such fees, network congestion would increase significantly, with users sending transactions merely to disrupt the system. This would pose significant challenges to Farcaster's future decentralization capabilities.

To address the bot issue, Romero suggested creating a high-trust user group where each member receives ten invitations, allowing for planned growth while reducing spam. He mentioned that the fee might be lowered, as it has been in the past, potentially to $4, but emphasized that there will always be some cost inherent in the system's design.

FarCon Asia, co-hosted by Tako Protocol, BlockBeats, and Jam, aims to explore and showcase innovations within the Farcaster ecosystem and the future of Web3 social interactions. The event seeks to break away from the traditional one-way communication model of financial crypto conferences. It is expected to attract over 500 attendees, including Farcaster ecosystem builders, active users in Asia, venture capitalists, prominent investors, and experienced researchers.


#Farcaster #FarConAsia #bots #Web3 #decentralization #crypto #spam #blockchain #innovation
πŸš€ DeBridge Foundation Opens DBR Token Claiming

According to BlockBeats, on September 17, the deBridge Foundation announced that the DBR token is now available for claiming. Previously, on August 29, the foundation revealed plans to fairly distribute the DBR token through the LFG (Launch Fair and Grow) mechanism on Jupiter Exchange. The token will be issued at a fixed price of $0.025, with a maximum investment limit of $25,000 per eligible address. A total of 200 million DBR tokens, representing 2% of the total supply, will be issued, with an investment cap of $5 million USDC. The total supply of DBR tokens is 10 billion, with an initial circulating supply of 1.8 billion tokens. Upon launch, the distribution will allocate 10% for community and startup initiatives, 5% for the deBridge Foundation, and 3% for the ecosystem. The remaining 82% will begin unlocking six months after the token generation event (TGE), with quarterly unlocks over a period of three years.

#DeBridge #DBRToken #TokenClaiming #Cryptocurrency #Blockchain #Investment #LFG #JupiterExchange #TokenDistribution #CryptoNews
πŸš€ Ethereum Domain Trump.eth Sold for $110,000

According to Odaily, the Ethereum domain trump.eth was sold 12 hours ago for 48.4 WETH, equivalent to approximately $110,000.

#Ethereum #trumpeth #WETH #domain #cryptocurrency #NFT
πŸš€ DeBridge Foundation Announces DBR Claim Queue for CEX Accounts

According to Odaily, the cross-chain interoperability protocol deBridge Foundation announced yesterday on X that users can now join the queue to claim DBR tokens to their CEX accounts. The DBR claims can be directly submitted to CEX accounts, and the balances will be displayed at the time of the Token Generation Event (TGE).

#deBridge #DBR #CEX #TokenGenerationEvent #crypto