Virtual Duo Babka & Nushi Honor Game Devs Worldwide at GDC 2023

• Virtual influencers Babka and Nushi have created a stage at GDC 2023 to honor game developers worldwide.
• Game-makers of all sizes will be able to promote their games on the stage, live stream, and social media.
• Developers can take photos with the duo, conduct video interviews about their projects which will then be streamed on Twitch.

Virtual Duo Babka and Nushi Honor Game Developers Worldwide at GDC

GDC 2023 is officially underway, and a mysterious red carpet and stage is drawing the attention of global game developers. Thanks to virtual influencer Babka and her robotic feline companion Nushi, this year marks the first time in history that game-makers of all sizes can share the limelight by promoting their games on stage, live stream, and social media.

Location

Located in the prime location of Moscone South lobby at GDC 2023, the stage is hosted by Babka with her robotic companion Nushi in attendance. Crafted by esteemed Hollywood creature artist Salvatore Salamone (The Dark Crystal: Age of Resistance & Avengers: Endgame), Nushi has taken the form of a robotic quadruped.

Mission

Babka and Nushi’s mission is to demonstrate how interactive technology transcends past screens while meeting thousands of game devs eager to get word out about their newest releases and upcoming projects. The duo will remain at GDC until Friday March 24th 2023.

Opportunities for Developers

Developers who walk the red carpet have opportunities to take pictures with Babka and Nushi as well as conducting video interviews regarding their projects which will then be streamed on Twitch before being promoted across various social media channels such as Twitter, Instagram & TikTok using hashtag #GDC2023StageShowcase.

Conclusion

GDC 2023 offers an incredible opportunity for game developers around the world to get recognition for their work through Babka & Nushi’s innovative showcase platform providing exposure through live streaming & social media platforms!

BTC Reaches New High: Is $30K in Sight?

• Bitcoin’s price has recently surged and broken past a key resistance level.
• The key $30K zone is the next probable target in the short term.
• The RSI indicator should be monitored closely as it is entering the overbought zone.

Bitcoin Price Surges

Bitcoin has been trending impulsively to the upside, finally breaking above the $25K resistance level. This surge in Bitcoin’s price has been attributed to a rebound from its 200-day moving average which was around the $20K mark a few days ago.

$30K Target in Sight?

The current focus for investors is on reaching the key $30K zone, which could potentially trigger a bullish phase in the coming months. However, caution needs to be taken as the RSI indicator is entering into an overbought territory and may lead to a pullback or consolidation if it falls below 70%.

4-Hour Chart Analysis

On closer inspection of the 4-hour timeframe, it appears that two significant resistance levels have been broken – both at $23K and $25K – which can now provide support for any potential retracements. Furthermore, similar to the daily chart, RSI signals are also indicating overbought levels in this timeframe, thus investors must keep an eye out for any bearish pullbacks.

Moving Forward

As of now, Bitcoin looks bullish with market structure looking good with no signs of bearish reversal patterns forming yet. With that said, however, investors must remain vigilant as there are still some warning signals such as those given by RSI that suggest that some caution may be necessary moving forward.

Conclusion

In conclusion, Bitcoin looks likely to reach its projected target of $30K in the near future due to its recent surge in price past several key resistance levels; however investors should watch out for any bearish pullbacks signaled by RSI indicators as they move forward with their investments.

MetaMask’s Token: Not What You Expected? Talking Wallets With PM Alex Jupiter

• MetaMask is a leading self-custody wallet with over 30 million users.
• Rumors of MetaMask releasing its own token have been circulating for some time.
• In this episode, CryptoPotato sits down with senior product manager/owner at MetaMask – Alex Jupiter, to talk about the topics of safeguarding crypto, digital identities, and the much anticipated MetaMask token.

MetaMask: Securing Your Cryptocurrency

MetaMask is a leading self-custody wallet with over 30 million users, playing an integral role in shaping the face of decentralized finance as we know it today. The team has long been rumored to be considering its own token – but there might be more to the story. In this episode, CryptoPotato sits down with senior product manager/owner at MetaMask – Alex Jupiter, to talk about a lot of things including the much-anticipated token.

Safety First

Security has always been a major concern when it comes to cryptocurrency and taking complete control of finances can be challenging in reality. To keep your crypto safe, many suggest using wallets like Metamask which offers multiple layers of security and also allows users to take full ownership of their funds without having to rely on third party services or custodial wallets such as exchanges or banks.

Digital Identities

In addition to security features, Metamask also provides users with digital identities that are cryptographically secured and allow them to sign off on transactions without ever sharing sensitive information such as passwords or private keys. This feature makes it easier for users to securely store their funds while still being able to access them quickly when needed.

What’s Next?

Alex talks about what else Metamask has been up too lately and hints at some exciting new features coming soon such as support for stablecoins in addition to their existing ETH & ERC20 tokens support. He also touched upon their plans for integrating hardware wallets into the platform which will make transferring funds even safer than before by allowing users to store them offline in secure hardware devices such as Ledger Nano S or Trezor One etc…

The Token: Is It Happening?

Finally he talks about the much anticipated MetaMask token which is expected by many fans but unfortunately Alex reveals that it won’t be happening anytime soon due to regulatory reasons instead they are looking into other ways of rewarding loyal customers who stick around for longer periods such as discounts on fees or exclusive accesses etc…

Trip Hawkins Joins NFT Gaming Industry: Next Big Thing in Web3!

• Trip Hawkins, founder of Electronic Arts, has joined the Web3 gaming startup Games for a Living as co-founder and chief strategist.
• GFAL is focused on creating AAA-category video games that can be easily integrated into the blockchain.
• Hawkins hopes to build an economy in the metaverse that is as close as possible to real-world economics.

Trip Hawkins Joins Web3 Gaming Startup

Trip Hawkins, one of the founders of Electronic Arts (EA), announced on February 24th, 2021 that he was joining Games for a Living (GFAL) as co-founder and chief strategist. GFAL develops tools to develop Web3 games with an emphasis on creating AAA-category video games that can be easily integrated into the blockchain.

Building A More Secure Metaverse

Hawkins aims to build a more secure metaverse which is less prone to hacking and believes Web3 provides a bridge for this purpose. He also wants to create an economy in the metaverse that closely resembles real world economics so it will feel familiar and natural to users.

Background Of Trip Hawkins

Hawkins has worked in the tech industry since 1979 and was one of Apple’s first employees before founding Electronic Arts in 1982 which now has over 13,000 employees and a valuation of $30.85 billion according to Forbes. He has also founded other companies such as 3DO, Digital Chocolate and If You Can Company which have all been successful ventures.

The Potential For NFT Gaming Industry

With his experience in launching successful companies along with his knowledge about technology innovation, Trip Hawkins‘ involvement in Games for a Living can help propel the NFT gaming industry forward significantly by providing insights from both business development and technological expertise.

Conclusion

The potential success of GFAL due to Trip Hawkin’s involvement demonstrates how widely accepted NFTs are becoming despite volatility within the crypto market; showing no signs of slowing down anytime soon!

AirDAO Overhauls Tokenomics to Empower Web3 & DeFi Ecosystem

Summary

  • AirDAO is a community-governed layer-one blockchain with its own suite of web3 dApps.
  • The upgraded AirDAO Tokenomics outlines changes coming to the project throughout 2023.
  • These changes include DAO voting, liquid staking, a Bond Marketplace and burning mechanisms for a deflationary AMB token supply.

Introduction to AirDAO

AirDAO is a community-governed layer-one blockchain with a suite of web3 dApps accessible through the AirDAO Dashboard, all powered by the AMB token. The upgraded AirDAO Tokenomics lays out the changes coming to AirDAO throughout 2023. These updates will establish AirDAO as a community-driven Layer 1 project and ensure the stability of the network for the long term.

Rewards Structure and Liquid Staking Solution

The update to the rewards structure guarantees the long-term security of the network, with enhanced rewards for validator nodes; the addition of a liquid staking solution ensures all community members can contribute towards securing the network due to its lower barriers to entry.

Bond Marketplace

The Bond Marketplace guarantees sustainable protocol-owned liquidity for the AirDAO ecosystem. This marketplace allows users to purchase tokens from protocol owned reserves at premium prices in exchange for locking those tokens in a vault contract over an extended period of time.

Max Token Supply and Burning Mechanisms

A max token supply has been instituted, with a goal for an eventual deflationary supply—which will be accomplished through several burning mechanisms implemented by AirDAO. These burning mechanisms include rewards earned from transaction fees being burned directly, as well as newly minted tokens being sold on exchanges and funds from those sales then burned afterwards.

Conclusion

Ultimately, these updates lay down foundations that will guarantee long term success for both AirDAO and its users alike. With these new improvements in place, it’s full steam ahead towards building an even better Web3 and DeFi ecosystem!

SEC Shuts Down Kraken Staking: BTC, ETH Plunge 4%

Overview of the Article

  • The SEC recently filed charges against Kraken for offering unregistered staking services and Kraken agreed to halt the service and pay a $30 million fine.
  • The SEC believes that by offering investors returns, staking-as-a-service constitutes a securities sale.
  • Crypto intermediaries are urged to provide proper disclosures and safeguards required by securities laws when providing investment contracts in exchange for tokens.

SEC Charges Against Kraken

Thursday saw Bitcoin drop back to $22,000 after the Securities and Exchange Commission (SEC) laid charges against Kraken for an unregistered offering of its staking services. In response, Kraken agreed to halt the service and pay $30 million in disgorgement, prejudgment interest, and civil penalties, without admitting or denying any wrongdoing.

What is Staking-as-a-Service?

Staking-as-a-Service involves pooling users‘ cryptocurrency in exchange for a promised return. According to the SEC’s press release, letting users hand over their crypto in this way constitutes a securities sale. SEC Chair Gary Gensler commented on this saying: „Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors‘ tokens, need to provide the proper disclosures and safeguards required by our securities laws.“ He also stated that other staking platforms ought to register and provide proper disclosure about any risks involved. Gensler has previously argued that proof of stake cryptocurrencies may well be securities themselves.

Protecting Investors from Risks

Gurbir S. Grewal from the Division of Enforcement said that shutting down Kraken’s service will help protect investors from its offerings which provided returns „untethered to any economic realities“ and retained the right to pay no interest whatsoever.

Conclusion

Cryptocurrency exchanges should take note of Thursday’s actions as they need to ensure their products comply with applicable regulations otherwise they risk facing fines like those issued to Kraken. It is also important for exchanges not just consider their own business models but also those of other companies in order to ensure they are not inadvertently running afoul of rules governing digital assets such as ICOs or security token offerings.

Bitcoin Could be the Answer to Lebanon’s Financial Crisis

• Lebanon’s financial crisis has led to a new official exchange rate that devalues its local currency by nearly 90%.
• Central Bank Governor, Riad Salameh, has stated that commercial banks in Lebanon will see the part of their equity that is in pound decrease once the new official exchange rate is adopted.
• Edward Snowden believes that Bitcoin could be the solution to Lebanon’s financial crisis.

The economic crisis in Lebanon continues to deepen as the country has adopted a new official exchange rate, devaluing its local currency by nearly 90%. This significant shift from the old rate of 1,507 Lebanese pounds per dollar to 15,000 Lebanese pounds per dollar was announced on January 31st by Riad Salameh, the Governor of the Central Bank of Lebanon.

The new rate has caused a great deal of uncertainty for the citizens of Lebanon as the official Lebanese currency has been pegged to the U.S. dollar since 1997. As a result, commercial banks in Lebanon have seen the part of their equity that is in pound decrease significantly. This has caused a wave of panic amongst citizens as they struggle to make ends meet and rely on their savings to survive.

The economic crisis has also led to a rise in unemployment and poverty, with many people unable to access basic necessities. In addition, the high cost of living has caused a great deal of strain on families who are struggling to make ends meet.

In light of the current situation, many people are looking for a better and more reliable solution. Edward Snowden, an American computer security expert, believes that Bitcoin could be the answer to Lebanon’s financial crisis. According to Snowden, Bitcoin is a decentralized currency that is not controlled by any government or central bank, making it immune to political manipulation. This means that it cannot be devalued or manipulated by any governments and is a more stable form of currency.

Moreover, Bitcoin provides an easy and secure way for people to store and transfer money. This is especially useful for those who are living abroad and need to send money back home. As it is decentralized, it is also not subject to the same fees and restrictions as traditional banking. Furthermore, Bitcoin is not vulnerable to inflation as it has a limited supply and is designed to increase in value over time.

The current economic crisis in Lebanon serves as a reminder of the importance of having a reliable and stable form of currency. While Bitcoin may not be the perfect solution, it is certainly an option that could help to alleviate the financial burden of the country. Only time will tell if Bitcoin can provide the necessary stability for Lebanon and its citizens.

Ethereum Reaches New Highs as Demand Grows and Trading Volumes Soar

• Ethereum has made a significant recovery since the FTX contagion hit the crypto market.
• There is an upward trend in addresses with balances of all sizes on the Ethereum network.
• Ethereum finally climbed past the resistance level of $1,600 on Tuesday amidst a broader market rally.

Ethereum is continuing to make gains in the cryptocurrency market, with prices rallying past the $1,600 mark on Tuesday. This marks a major recovery since the FTX contagion hit the crypto market at the start of the year. The world’s largest altcoin has now reached its pre-FTX market cap levels, with investors looking to pocket quick gains offloading the token.

Despite the offloading, the growing appeal of the Ethereum network is still clear. According to the latest data by IntoTheBlock, there is an upward trend in addresses with balances of all sizes. All cohorts of Ether holders have seen an increase in addresses, except for one cohort with 0.10 ETH to 1 ETH, which started decreasing since 8 January 2021.

The number of addresses with balances between 0.1 ETH and 1 ETH had peaked at 6.5 million on 8 January, but since then has decreased to 6.3 million. This is a drop of 2.5%, which is relatively small compared to the other cohorts of Ether holders. The number of addresses with balances between 10 ETH and 100 ETH, on the other hand, has seen a 10.4% increase since 8 January.

Overall, the data shows that the Ethereum network is continuing to grow in popularity. This is despite the fact that certain investors are offloading their Ethereum tokens after the rally. The total number of Ethereum addresses has increased by 3.8% since 8 January, with the number of addresses with balances greater than 1 ETH increasing by 5.1%.

The bullish sentiment in the market has seen Ethereum reach its highest price since February 2018. Ethereum has been a major beneficiary of the recent market rally, with the price rising from around $750 at the start of the year to its current level of $1,615. The rally has been driven by institutions and retail investors, with more and more people turning to Ethereum as a safe haven asset.

The rising demand for Ethereum has also led to an increase in trading volumes. Ethereum trading volumes have increased by nearly 400% since the start of the year, with over $100 billion being traded in the last 24 hours. This is a major increase from the $25 billion traded at the start of the year.

It is clear that Ethereum is continuing to gain traction in the crypto market. The rising demand for the token has seen its price soar to new highs, and the data from IntoTheBlock shows that the Ethereum network is continuing to grow in popularity. The bullish sentiment in the market looks set to continue, and it remains to be seen how high Ethereum can go in the coming months.

Ripple Rises: Can XRP Break Through the $0.43 Resistance?

• Ripple is aiming for higher prices as the market experienced an uptrend over the past week.
• The trend’s momentum looks promising, but the price must first surpass the crucial resistance level of $0.43.
• A breakout from the 200-day moving average is considered a substantial bullish sign in terms of price action and impacts the sentiment of the market.

It has been an exciting week for cryptocurrency traders and investors alike as the markets experienced an uptrend with Ripple leading the charge. After a short-term consolidation at the $0.39 level, the price of XRP broke through the 100-day and 200-day moving average lines with significant momentum, signaling a possible shift in the overall sentiment of the market.

Technical analysts have been observing this trend with much interest as the price of XRP is currently attempting to break through a crucial resistance level of $0.43. This level is of particular importance as it has been tested multiple times in the past with little success. A breakthrough of this price level would be a significant bullish sign and could lead to further price appreciation.

In addition, a breakout from the 200-day moving average is also seen as a substantial bullish sign in terms of price action. This is because it is considered to be the most important long-term indicator of the trend and is often used to identify potential long-term trends. If the price of XRP can break through this resistance level, it is likely that we will see further gains in the near future.

In the short-term, traders and investors should keep a close eye on the price of XRP as it attempts to break through this major resistance level. If it fails, it is likely that the price will retrace back to the previous support level of $0.39. However, if it succeeds, the price could go much higher and could even reach the next major resistance level of $0.45.

Overall, the current trend of XRP looks promising, and if the price can break through the crucial resistance level of $0.43, we could see further gains in the near future. In the meantime, traders and investors should continue to monitor the price of XRP and its technical indicators as they attempt to make informed decisions regarding their investments.

Svantaggi del Toleranza di Errore Pratico Bizantino

La Toleranza di Errore Pratico Bizantino (PBFT) è un algoritmo di consenso che consente ai nodi di partecipare alla rete e mantenere la congruenza dei dati. Gli algoritmi di consenso sono una parte fondamentale di qualsiasi sistema blockchain, in quanto consentono ai nodi di raggiungere un accordo su quale transazione deve essere confermata. La PBFT è uno degli algoritmi di consenso più popolari, ma ha anche alcuni svantaggi. In questo articolo esamineremo alcuni di questi svantaggi e discuteremo come far fronte a queste sfide.

Definizione di Toleranza di Errore Pratico Bizantino

Prima di entrare nei dettagli dei suoi svantaggi, è importante comprendere cosa sia esattamente la Toleranza di Errore Pratico Bizantino. La PBFT è un algoritmo di consenso distribuito progettato per consentire ai partecipanti di raggiungere un accordo tra loro in una rete decentralizzata. Utilizza una combinazione di due tecniche chiamate „Voting“ e „Verifica“. Il voto consente ai partecipanti di decidere cosa deve essere confermato, mentre la verifica consente ai partecipanti di verificare l’integrità dei dati e assicurarsi che siano stati confermati correttamente. Per superare questi svantaggi, è importante prendere provvedimenti per garantire che la rete sia sicura, affidabile e scalabile. Un modo per fare questo è quello di utilizzare un broker di trading come Immediate Bitcoin, che fornisce una piattaforma di trading sicura, affidabile e scalabile.

Vulnerabilità di Sicurezza

Uno dei principali svantaggi della PBFT è la sua vulnerabilità alla manipolazione e all’attacco. Poiché la PBFT richiede un numero limitato di partecipanti per raggiungere un accordo, un utente malintenzionato può facilmente influenzare il processo di voto e manipolare la rete. Ciò può portare a una perdita di dati o al controllo di un utente malintenzionato sulla rete. Per prevenire questi attacchi, è necessario implementare un sistema di sicurezza robusto e impostare i criteri di accesso in modo da garantire che solo i partecipanti autorizzati possano accedere al sistema.

Complessità di Implementazione

Un altro svantaggio della PBFT è la sua complessità di implementazione. Ciò significa che è necessario uno sforzo significativo da parte dei partecipanti per implementare correttamente l’algoritmo. Ciò può essere difficile da fare in tempi ragionevoli, specialmente se i partecipanti non hanno familiarità con l’algoritmo.

Consumo di Risorse

La PBFT richiede anche un alto consumo di risorse. Ciò è dovuto al fatto che l’algoritmo richiede molta memoria e larghezza di banda per eseguire correttamente il processo di voto e verifica. Ciò significa che una rete che utilizza la PBFT può diventare molto costosa da gestire.

Difficoltà di Aggiornamento

Un altro svantaggio della PBFT è la sua difficoltà di aggiornamento. Poiché l’algoritmo è complicato, aggiornarlo può essere difficile e richiedere un grande sforzo. Inoltre, se c’è un bug nell’algoritmo, può essere difficile identificarlo e correggerlo, poiché ci sono così tanti dettagli tecnici da considerare.

Requisiti di Affidabilità

Un altro svantaggio della PBFT è che richiede che tutti i partecipanti siano affidabili. Ciò significa che non è possibile per un partecipante non affidabile raggiungere un accordo con gli altri. Ciò può limitare la scalabilità della rete, poiché i partecipanti non possono semplicemente entrare e uscire.

Interruzioni di Rete

La PBFT è anche vulnerabile alle interruzioni di rete. Poiché l’algoritmo richiede che tutti i partecipanti siano sempre connessi alla rete, se un partecipante si disconnette, l’intero processo di voto e verifica può essere compromesso. Ciò significa che la rete può diventare instabile se ci sono frequenti interruzioni di rete.

Limitazioni della Scaling

Un altro svantaggio della PBFT è che presenta alcune limitazioni nella scalabilità. Poiché l’algoritmo richiede che tutti i partecipanti siano affidabili, non è possibile aggiungere nuovi partecipanti alla rete in modo facile e veloce. Ciò può limitare la crescita della rete.

Una Visione più Ampia

Infine, la PBFT presenta una visione limitata del consenso. Poiché l’algoritmo si basa su un modello di voto, non è in grado di sfruttare in modo efficiente le soluzioni di consenso più recenti, come la Proof-of-Stake o la Proof-of-Work. Ciò significa che la rete può diventare meno sicura nel tempo.

Conclusione

In conclusione, la Toleranza di Errore Pratico Bizantino è un algoritmo di consenso molto popolare, ma ha anche alcuni svantaggi. Questi svantaggi includono vulnerabilità di sicurezza, complessità di implementazione, consumo di risorse, difficoltà di aggiornamento, requisiti di affidabilità, interruzioni di rete, limitazioni della scalabilità e una visione limitata del consenso.