Gate.io Community

No picture its mean is dream only
tomorrow wake up will be forget all

𝐂𝐡𝐚𝐢𝐧𝐥𝐢𝐧𝐤 𝐄𝐦𝐩𝐥𝐨𝐲𝐬 𝐂𝐫𝐨𝐬𝐬-𝐂𝐡𝐚𝐢𝐧 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 𝐂𝐂𝐈𝐏 𝐨𝐧 𝐋𝐚𝐲𝐞𝐫-𝟐 𝐁𝐚𝐬𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤

The oracle platform Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to incorporate Coinbase's Ethereum layer-2 Base.
Chainlink Embraces Cross-Chain Protocol CCIP on Layer-2 Base Network
Chainlink, the oracle platform, has made a significant stride by integrating its Cross-Chain Interoperability Protocol (CCIP) with Coinbase's Ethereum layer-2 Base. The CCIP framework facilitates seamless cross-chain communication, token transfers, and transactions across various blockchains and conventional payment networks, including SWIFT. Acting as the primary oracle provider on Base, Chainlink empowers projects that are constructing cross-chain decentralized applications (DApps) by leveraging CCIP.
Johann Eid, Chief Business Officer at Chainlink, expressed enthusiasm, stating that this development enables developers to readily access the premier interoperability protocol, simplifying the process of creating cross-chain applications and services.
Jesse Pollak, the creator of Base, also weighed in on this development, saying:
"We're thrilled about the introduction of CCIP on Base, which allows developers to securely craft cross-chain applications, granting them the freedom to explore new possibilities and unlock fresh use cases."
Since the launch of CCIP in July, Chainlink has successfully bridged Ethereum, Avalanche, Polygon, Arbitrum, and Optimism, with Base being the latest addition to this expanding network. Furthermore, Chainlink has conducted prosperous trials involving SWIFT bank transactions, connecting institutions like Citi and BNY Mellon to blockchain networks.

𝐕𝐚𝐥𝐤𝐲𝐫𝐢𝐞 𝐋𝐞𝐚𝐝𝐬 𝐭𝐡𝐞 𝐖𝐚𝐲, 𝐏𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐰𝐢𝐭𝐡 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐅𝐮𝐭𝐮𝐫𝐞𝐬

Asset management firm Valkyrie is poised to pioneer access to Ether futures for investors.

Valkyrie Leads the Way, Offering Ethereum Futures to Investors Ahead of the Pack

Asset management firm Valkyrie is set to introduce investors to the realm of Ether futures. However, instead of launching an independent ETF, Valkyrie will leverage its existing Bitcoin Strategy ETF, commencing this offering on October 3. The renamed entity, the Valkyrie Bitcoin and Ether Strategy ETF, will provide a gateway to futures contracts for both premier cryptocurrencies, marking Valkyrie as the inaugural company to extend Ethereum futures exposure to investors.

It's worth noting that, as of now, the SEC has not granted approval for an independent Ethereum futures ETF. Valkyrie's approach involves incorporating ETH exposure within its already authorized Bitcoin vehicle, allowing for a swift integration.

Analyst James Seyffart has observed that other issuers, such as VanEck, may soon pursue a similar strategy. Seyffart has also reported that the SEC is postponing its decisions on seven spot Bitcoin ETF applications, with the Ark Invest and 21Shares' application recently pushed back to the final decision date on January 10, 2024.

𝐇𝐌𝐚𝐫𝐤 𝐙𝐮𝐜𝐤𝐞𝐫𝐛𝐞𝐫𝐠 𝐔𝐧𝐯𝐞𝐢𝐥𝐬 𝐇𝐲𝐩𝐞𝐫-𝐑𝐞𝐚𝐥𝐢𝐬𝐭𝐢𝐜 𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 𝐀𝐯𝐚𝐭𝐚𝐫𝐬
During a recent podcast, Meta's CEO, Mark Zuckerberg, alongside AI researcher Lex Fridman, exhibited cutting-edge "codec avatars" developed by Meta's Reality Labs.
Mark Zuckerberg Unveils Hyper-Realistic Metaverse Avatars
Mark Zuckerberg Showcases Astonishingly Authentic Metaverse Avatars
In a recent podcast, Meta's CEO Mark Zuckerberg and AI specialist Lex Fridman introduced remarkably lifelike "codec avatars" created by Meta's Reality Labs. These digital duplicates flawlessly captured nuanced facial expressions and body language. Fridman likened the experience to an in-person conversation, despite being physically distant.
According to Zuckerberg, Meta has successfully overcome the "uncanny valley" with its lifelike avatars, fostering a sense of comfort among users. The integration of AI into both software and hardware aligns with Meta's long-term metaverse vision, aiming to facilitate immersive social interactions.
Meta's CTO, Andrew Bosworth, emphasized the pivotal role of AI in deciphering metaverse content and enhancing the platform during Meta's Connect conference. Nonetheless, Meta must grapple with significant technological and societal challenges, notably pertaining to privacy, security, and mental well-being, before the widespread acceptance of AI-driven interconnected virtual realms.
Zuckerberg acknowledges these hurdles, embracing feedback from users, regulators, and experts. Previously, Meta underwent a substantial restructuring, leading to the dismissal of 11,000 employees and reporting a $13.7 billion deficit in 2022, following its pivot towards metaverse-focused endeavors.

𝐌𝐢𝐜𝐫𝐨𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲, 𝐡𝐞𝐥𝐦𝐞𝐝 𝐛𝐲 𝐌𝐢𝐜𝐡𝐚𝐞𝐥 𝐒𝐚𝐲𝐥𝐨𝐫, 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐢𝐭𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐮𝐫𝐬𝐮𝐢𝐭 𝐨𝐟 𝐁𝐢𝐭𝐜𝐨𝐢𝐧, 𝐰𝐢𝐭𝐡 𝐚𝐧 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐨𝐟 $𝟏𝟒𝟕.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐜𝐚𝐬𝐡 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝟓,𝟒𝟒𝟓 𝐁𝐓𝐂.

Renowned as the foremost corporate custodian of Bitcoin (BTC), MicroStrategy has reaffirmed its commitment to cryptocurrency by securing this recent tranche of digital assets. The average cost per Bitcoin, inclusive of associated fees and expenditures, approximated a remarkable $27,053.

This procurement augments MicroStrategy's already substantial Bitcoin portfolio to a staggering 158,245 BTC, procured at an average rate of $29,582 per coin. In cumulative terms, the company's investment in Bitcoin has now surged to a colossal $4.68 billion.

MicroStrategy's persistent accumulation of Bitcoin underscores its unwavering faith in the cryptocurrency's enduring value proposition and its role as a preserver of wealth. Notwithstanding, the prevailing bearish sentiment in the market, the fiat valuation of Bitcoin assets on MicroStrategy's financial ledger stands firm at approximately $4.1 billion.

The journey of MicroStrategy into the realm of Bitcoin commenced in 2020, under the visionary guidance of co-founder Michael Saylor. The organization's overarching objective remains steadfast – to perpetually, openly, and prudently procure and retain Bitcoin as a core strategic asset.

We cordially invite you to share your insights on this article, highlighting aspects you found particularly intriguing, suggestions for potential enhancements, or any other valuable feedback you might wish to provide.
, , , , , , , , , , , , , , , , , , ,