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Blockchain.com – LinkedIn Top Startups 2018 UK

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Entrepreneurs start with an idea and a belief that their vision can have a massive impact. It doesn’t always work out that way. But when it does, the effect can be world-changing: A breakthrough startup can scramble industries, alter how we work or live, and shift talent flows around the world. It’s no wonder that we tend to follow so carefully the fortunes of these founders and those who choose to follow them.

With the LinkedIn Top Startups list, we wanted to provide professionals with a look at the young companies reaching that escape velocity. As always, we started with the data — the billions of actions generated by LinkedIn’s 575 million members — and focused in on four pillars: employee growth; jobseeker interest; the level of professional engagement with the company and its employees; and how well the startup pulled talent from our flagship LinkedIn Top Companies list. In other words, which startups are commanding the attention and working hours of top talent?

To be eligible for Top Startups, companies must be seven years old or younger, have at least 50 employees, be privately held and headquartered in the UK. (Check out which startups made the lists in the USCanada, AustraliaGermanyBrazil and India, and stay tuned — we’ll be unveiling the France list in the coming weeks. You can learn more about our methodology at the bottom of this article.)

Will these companies continue with their explosive growth and world-changing work? That’s in the hands of the talent flocking to these startups. Maybe you’ll want to put your own hat into the ring. Check out who made the cut and join the conversation using #LinkedInTopStartups.

Here are this year’s top 25 startups in the UK

Challenger banking: One of the best-known players shaking up Britain’s banking industry, Monzo — which tops the LinkedIn Top Startups list for the second year running — has seen a whopping 447% surge in hiring over the last two years. The company just this week announced it reached one million customers, who have spent more than £4bn via app-based accounts so far. | Global headcount: 344 | Headquarters: London | Fair pay: Monzo revealed in June that founder Tom Blomfield took home £80,000 in 2017-2018. Its highest paid employee, an unnamed non-executive director, was paid £305,000.

Read more: How British tech startups are waging war on banking – and winning

See jobs at Monzo Bank.

Witness the fitness: Sportswear manufacturer Gymshark boasted extraordinary growth in 2017 and expects turnover of more than £100m in 2018. Founded by students Ben Francis and Lewis Morgan in 2012, Gymshark provides staff in Solihull, near Birmingham, with a gym (obviously), as well as nap pods, VR gaming stations and an in-house barber. | Global headcount: 180* | Headquarters: Solihull | Fun fact: Visitors to Gymshark’s latest pop-up store in Dublin were given the opportunity to work out with UFC fighter Darren ‘The Gorilla’ Till.

See jobs at Gymshark.

Digital revolution: Fintech startup Revolut revealed in July that it is signing up to 9,000 customers to its digital banking platform per day and now has 2.5 million users worldwide. The bank broke even for the first time last December. Over the past two years, hiring at Revolut has increased by a staggering 550%. | Global headcount: 450 | Headquarters: London | Bucking the trend: Founder Nikolay Storonsky, who says he works 8am to 10pm most days, has little time for work-life balance. “I can’t see how [it] will help you to build a start-up,” he told the FT.

See jobs at Revolut.

Clear off: Before founding Clear Bank in 2014, Nick Ogden had built and sold half a dozen successful fintech startups including WorldPay, acquired by Royal Bank of Scotland in 2002. With Clear Bank, Ogden has founded the first clearing bank — an institution that provides banking services to other banks — in the UK in some 250 years. | Global headcount: 180* | Headquarters: London | Hiring surge: Hiring at Clear Bank has increased 277% in the last two years, according to LinkedIn Premium Insights.

See jobs at ClearBank.

Fashionistas: Skinnydip London’s quirky phone cases and snazzy bags — fans include Kylie Jenner and Miley Cyrus — have proved a rare positive story for British retail. Brothers James and Richard Gold and their schoolfriend Lewis Blitz launched the brand in 2011 and now have 15 Skinnydip stores and are in over 250 concessions worldwide. | Global headcount: 253 | Headquarters: London | Bucking the trend: Given the company’s mostly female customer base, its founders keep a low profile. “It’s such a girly, feminine, empowering brand,” James Gold said. “It would be weird if we were kind of front and centre.”

See jobs at Skinnydip London.

Above its weight: A sports streaming service that wants to become “the Netflix of sport”, DAZN announced a £736m deal with boxing promoter Eddie Hearn to show top-tier fights in the US for a fraction of the cost charged by HBO and Showtime. Billing users just $9.99 (€9.99 in Europe) for a monthly subscription, DAZN shows everything from big fights to Japanese lower league football. | Global headcount: 505* | Headquarters: London | Away game: Although UK-based, DAZN says competition between Sky and BT has made itdifficult to operate in Britain.

See jobs at DAZN.

Virtual worlds: A shared love of multiplayer gaming led founders Rob Whitehead, Herman Narula and Peter Lipka to start Improbable in 2012. Their SpatialOS platform has proved a hit with game developers, who use it to build massive and complex virtual worlds. As it has with investors, who pumped $502m into Improbable in Series B funding in 2017. | Global headcount: 315 | Headquarters: London | Hiring binge: Improbable has hired 181 people in the last 12 months and has 200 open positions.

See jobs at Improbable.

Looking good: As Britain’s high street reels from layoffs and closures, Charlotte Tilbury and her makeup and skincare lines have gone from strength to strength. Her beauty products are now found everywhere from her flagship store in London’s Covent Garden to Dubai. In 2017, the 6-year-old company announced its first round of top-tier Silicon Valley funding from investment firm Sequoia Capital. | Global headcount: 890 | Headquarters: London | Fun fact: Before launching her own brand, Tilbury worked as a makeup artist for celebs including Kate Moss and Kim Kardashian.

Charlotte Tilbury is one of only two female founders on this year’s list. Read our feature on gender diversity in the startup scene here.

See jobs at Charlotte Tilbury Beauty.

Cash in hand: Bitcoin wallet startup Blockchain has raised £70m from investors, including Google and Richard Branson in 2017 as bitcoin prices skyrocketed and new cryptocurrencies were taking off. The firm hosts 26m wallets, where users can keep an ever-increasing number of cryptocurrencies and use them to trade or pay for goods. | Global headcount: 110 | Headquarters: London | Fun fact: As well as benefits such as free food and flexible working, employees at Blockchain are paid a bonus in cryptocurrency.

See jobs at Blockchain.

Bums in seats: It was their own frustration as in-house recruiters that motivated Chris Abbass and Philip Blaydes to start Talentful in 2015. Three years on, the boutique recruitment startup is eyeing year-on-year revenue growth of 110% and counts Audible, Shazam and Bloomberg as clients. Talentful is now on a recruitment drive of its own — looking to double its headcount in the next six months. | Global headcount: 70 | Headquarters: London | Northern soul: After opening an office in Manchester, Talentful’s next target is Stockholm, where they plan to launch later this year.

See jobs at Talentful.

Viral heads: Every media company in the world dreams of their content going viral; Jungle Creations is among a handful that have actually cracked how to do so with its flagship channel Viral Thread, since rebranded as VT. Started with £10,000 by founder Jamie Bolding, the firm has already launched offices in New York and Los Angeles. | Global headcount: 140 | Headquarters: London | Food for thought: With more than 80 million followers on social media, Jungle Creations videos receive an average of 5.5bn views a month, says the company.

See jobs at Jungle Creations.

OK, computer: Digital healthcare startup Babylon Health began life connecting patients to doctors via a smartphone app. The 5-year-old company has since expanded to using artificial intelligence to help diagnose and even issue prescriptions for its 800,000 global users. After seeing monumental growth, Babylon Health is now looking to hire more than 400 people. | Global headcount: 500+ | Headquarters: London | Fun fact: In June, the firm’s A.I. doctor scored 81% in the exam given to prospective GPs. The average pass mark for humans is 72%.

See jobs at Babylon Health.

Making connections: Direct debit processing business GoCardless has raised a total of $47.3m in funding over the past four years, $22.5m in the last year alone. As of 2018, GoCardless had processed £5bn worth of transactions for 30,000 customers, from fellow startups to Thomas Cook and TripAdvisor. | Global headcount: 240 | Headquarters: London | Small world: CEO Hiroki Takeuchi founded GoCardless in 2011 with Matt Robinson of Nested and Tom Blomfield of Monzo, both of which are on the LinkedIn Top Startups list this year as well.

See jobs at GoCardless.

In the clouds: Digital engineering consultancy Contino began in London in 2014 and has since expanded to New York City, Atlanta, Sydney and Melbourne. After raising $30m in funding, Contino has seen 80% revenue growth and hired 149 people in the last year alone. In the next year it plans to hire over 100 more. | Global headcount: 200 | Headquarters: London | Retaining staff: Amidst a shortage of qualified engineers, Contino offers employees a £5,000 yearly training budget to encourage those it does have to stick around.

See jobs at Contino.

Eco warriors: Launched in 2015 with funding from friends and family, energy startup Bulb is now on its third round of venture capital fundraising, and although it is tight-lipped about the figures, its customer base has increased six-fold over the past 12 months. Now the UK’s largest renewable energy supplier, hiring at Bulb has surged more than 800% in two years. | Global headcount: 190 | Headquarters: London | Wage gap: Bulb recently admitted that it had been incorrect to claim that it had a 0% gender pay gap — in fact women at the company are paid 1.8% more than men.

See jobs at Bulb.

Across the pond: Based in Shoreditch, full service marketing firm Pulse has won more than 20 new clients in the past year. Started with VC funding of just £90,000, Pulse has an office in Germany and is eyeing other international markets. | Global headcount: 80 | Headquarters: London | Party time: As well as 5% profit bonuses, Pulse has a “jolly pot” to fund nights out, away days and weekend events.

See jobs at Pulse Comms.

Health kick: After joining Theresa May on her February trip to China, healthcare startup Medopad signed £100m in deals with Chinese firms. Among the new business? A partnership with tech giant Tencent, which plans to use Medopad’s machine learning to diagnose life-threatening illnesses by analysing patient data. | Global headcount: 85 |Headquarters: London | Recruitment drive: Since February, Medopad has more than tripled its headcount but more is to come — the firm plans to reach 320 employees before July 2019.

See jobs at Medopad.

Challenge accepted: Starling Bank founder Anne Boden spent 30 years at UBS and the Royal Bank of Scotland before leaving to start her own smartphone-based bank in 2014. Almost five years and $70m in VC funding later, Starling has seen its customer base grow and hired 97 staff members in the past 12 months. | Global headcount: 240 | Headquarters: London | ‘Passport to Starling’: The bank encourages its customer service agents to spend time with its marketing and compliance teams and learn new skills. In several cases its agents have ‘passported’ into new permanent roles.

See jobs at Starling Bank.

Block on: Financial services consultancy 11FS has worked with some of Britain’s most successful challenger banks, including Starling, Monzo and Tandem, as well as traditional banks such as RBS, Nationwide and Barclays. 11FS coaches bank staff on new technology, works to improve company culture and offers insights into digital banking trends. | Global headcount: 80* | Headquarters: London | Hiring: The firm produce a number of popular fintech podcasts, including Fintech and Blockchain Insider.

See jobs at 11FS.

Job fair: After raising £35m in VC funding, recruitment startup Beamery has had a great year, bringing on top-tier clients such as Continental, Facebook, Zalando and Balfour Beatty. Since July 2017, Beamery has quadrupled its headcount and plans to nearly double that again, with 75 job openings forecast for next year. | Global headcount: 100 | Headquarters: London | Global expansion: Beamery has seen revenue growth of 500% over the last year and is eyeing expansion into Asia Pacific. The 4-year-old startup also has a pet-friendly office.

See jobs at Beamery.

Cloud nine: Fintech cloud payment platform CurrencyCloud counts a number of LinkedIn Top Startups as clients, including Monzo, Revolut and Blockchain, and will have doubled its global headcount by the end of 2018. The firm’s software enables banks to make international payments, and companies to easily pay suppliers and employees overseas. | Global headcount: 165 | Headquarters: London | Board changes: A compliance push recently saw the firm appoint Tanya Ziv as the new Chief Compliance Officer and Money Laundering Reporting Officer (MLRO).

See jobs at Currencycloud.

Automation station: In the past year, marketing technology agency Byte has added clients like Waze, Facebook, Hush and Johnson & Johnson. Byte, which has launched a chatbot for Adidas and augmented reality experiences for Just Eat and Spotify, boasts 76% revenue growth year-on-year to June. | Global headcount: 100 | Headquarters: London | War on boredom: Employees are encouraged to report their most boring day-to-day tasks to Byte’s tech team, which is then challenged to automate them.

See jobs at Byte.

Doubling up: On the fintech scene since 2013, Tandem Money hit the headlines in 2018 when it bought Harrods Bank, picking up a banking license, £350m in deposits and 11,000 accounts in the process. The app-based bank — which previously had £10m in deposits and 100,000 users — also launched a credit card and fixed saver accounts. | Global headcount:110* | Headquarters: London | Acquisition: In 2018, Tandem also bought fintech startup Pariti, a money management app with 95,000 users.  

See jobs at Tandem Money.

Fintech future: Antony Jenkins spent 10 years at Barclays – three of those as CEO – before founding 10x, a startup designed to use cloud computing, machine learning and fintech to drag old-fashioned traditional banks into the 21st century. It is a crowded space, but 10x has already raised £34m in funding from investors including Ping An, China’s largest insurer by market value. | Global headcount: 180+ | Headquarters: London | On the tin: The firm’s mission statement is to make banking 10 times better than it currently is, hence the name 10x.

See more about 10x Banking.

Home-makers: Only politicians, footballers and journalists are trusted less than estate agents by the British public, so it is little surprise that investors are funneling cash into a London startup that is taking them on. Like agents, Nested will value and put your home up for sale but unlike agents, it will advance you the money before it is sold. | Global headcount: 80 | Headquarters: London | Expansion plans: With instructions — meaning clients that instruct Nested to sell their home — growing threefold annually, Nested was recently ranked by Rightmove as Best Estate Agent 2018.

Technologies

Nexus AI – The World’s First AI Trading Bot Is Now Officially Available

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The world’s first AI trading bot designed to revolutionize the financial markets is now available. Nexus AI combines cutting-edge AI algorithms with advanced quantum computing capabilities to deliver unparalleled speed, accuracy, and profitability.

The launch of Nexus AI marks a significant milestone in the evolution of AI-driven trading technology. With traditional trading methods becoming increasingly outdated in today’s fast-paced markets, Nexus AI offers investors a revolutionary solution to stay ahead of the curve and maximize their investment returns.

The Nexus AI Trading software is simple to understand and intuitive, allowing traders to make trades using fully automated AI software without any complexities. By leveraging the power of cutting-edge technology and advanced algorithms, Nexus AI is powered by state-of-the-art AI algorithms that analyze market trends, patterns, and correlations with unparalleled accuracy. These advanced algorithms enable Nexus AI to make informed trading decisions based on real-time data, helping investors achieve outstanding returns.

As the world’s first AI trading bot, Nexus AI is at the forefront of a new era in investment technology. By combining the latest advancements in AI and quantum computing, Nexus AI offers investors a glimpse into the future of trading, where speed, precision, and adaptability are paramount. The future of trading is here, and it’s powered by Nexus AI.

The software enables investors to execute trades with unparalleled accuracy and efficiency by harnessing advanced AI algorithms and real-time market analysis – with Nexus AI, every trade is based on data-driven insights and objective research, giving you the confidence to make informed decisions and maximize your investment returns while minimizing risk.

In today’s fast-paced markets, staying ahead of the curve is essential for success. By continuously monitoring market conditions, analyzing trends, and identifying emerging opportunities, Nexus AI keeps investors one step ahead of the game. Whether you’re a seasoned trader or just starting, Nexus AI gives you the edge you need to stay ahead of the curve and thrive in today’s competitive financial landscape.

Nexus AI prioritizes the security of investors’ assets with robust encryption protocols and secure authentication mechanisms. Investors can trade with confidence, knowing that their funds are protected against cyber threats and hacking attacks.

Investors can achieve long-term goals with Nexus AI by taking control of their financial future. Whether you’re looking to build wealth, secure your retirement, or simply grow your investment portfolio, the software provides all the tools and resources you need to succeed in today’s dynamic markets. With Nexus AI, investors can embark on a journey toward financial freedom like never before.

“We are thrilled to introduce Nexus AI to the world,” said Andrew Fischer, CEO of Nexus AI Trading. “With its unparalleled scalability, accuracy, and adaptability, Nexus AI represents a game-changing innovation in the field of AI-driven trading technology. We believe that Nexus AI will empower investors to achieve their financial goals with confidence and ease.”

Nexus AI is now available for investors worldwide. To learn more about Nexus AI and start trading with the world’s first AI trading bot, visit Nexus AI today.

Website: https://ainexusbot.com/

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MAKE, Casper Partners With D3 To Apply For .cspr Top-Level Domain

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MAKE, a blockchain technology innovation firm, with the support of the Casper Association, have announced an exclusive partnership with D3 Global, a next-generation domain name company developing interoperable digital identities, to apply for and obtain the .cspr Top-Level Domain (TLD) during ICANN’s upcoming application window.

By partnering with D3, MAKE and Casper aim to drive accessibility and growth in Web3, by cutting the barriers to access blockchain ecosystems and integrating existing Internet infrastructure used by over 5 billion people worldwide. The Domain Name System (DNS) is universally recognized and used by nearly all governments, and enterprises across the globe. Bridging Web3 and DNS uniquely fits Casper’s strategy of enabling long-term solutions to real-world business challenges.

D3’s patent-pending platform is set to integrate traditional Internet and Web3 ecosystems to deliver enhanced utility, security, and universal access for what the company calls ‘real Web3 domains.’ The company is set to change the status quo, setting its sights on existing Web3 naming solutions, which do not offer interoperability with traditional Internet infrastructure, including support for the DNS, browsers, email, smart devices and more.

“Our partnership with D3 will allow Casper to become more accessible and scalable than ever. Every single day billions of people across the world use domains to navigate the Internet, the .cspr top-level domain will allow us to bridge the gap between Internet and blockchain technology,” said Ralf Kubli, Director at Casper Association.

“We look forward to working with D3 to develop futureproof, interoperable digital identities that offer our users and partners a host of new functionality and utility within the Casper ecosystem. Domains are universal and will be key to onboarding and scaling Casper’s enterprise blockchain solutions,” said Michael Steuer, Co-Founder and CTO at MAKE.

“We’re excited to welcome MAKE and Casper on our journey to cut down the barriers between Web3 and Internet infrastructure. The Domain Name System has been instrumental in making the Internet accessible and navigable for over 40 years and soon it will make Web3 and the Casper ecosystem just as easy to access and explore,” said Fred Hsu, Chief Executive Officer at D3.

Through their partnership, the three entities aim to onboard the next billion users to Web3 through ‘real Web3 domains’ that will offer accessibility and seamless integration with billions of Internet enabled devices.

About MAKE

MAKE invests in and develops innovative technology in high-impact industries, such as public health and blockchain. In public health, MAKE enables policy makers to make data-informed decisions about public health policies on a global, national and local basis. In blockchain, MAKE specializes in developing secure and user-friendly solutions for decentralized ecosystems. With a commitment to innovation and a focus on delivering real-world benefits to users, MAKE is at the forefront of the blockchain revolution.

For more information, please visit: https://makegroup.io

About Casper Network

The Casper Association is the not-for-profit, Switzerland-domiciled organization responsible for overseeing the Casper network and supporting its organic evolution and continued decentralization. By seamlessly integrating with existing technology stacks, Casper empowers both small and large organizations to harness the full potential of blockchain technology and create solutions that address real-world challenges. Utilizing open web standards, Casper enables the rapid development of cutting-edge blockchain applications.

For more information, please visit: https://casper.network

About D3 Global

D3 Global is a digital infrastructure provider that delivers secure, decentralized, and interoperable identities on the root layer of the internet – the Domain Name System (DNS). D3’s patent-pending platform will be the first to deliver real domain names that seamlessly bridge the gap between traditional Internet infrastructure and Web3 ecosystems. D3 team consists of industry veterans with over three decades of collective experience, known for leading domain name monetization, internet protocols, and various TLD operations including .xyz, .inc, .tv, and .link.

Learn more about D3 at https://www.d3.app/

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Galactica Network introduces Web3 Identity for decentralized social networks

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Galactica’s recent launch of their identity Layer 1 TestNet heralds a significant breakthrough, paving the way for under-collateralized lending and compliant Real World Assets (RWA) integration. This development holds the promise of seamlessly channeling trillions of dollars of liquidity from traditional finance (TradeFi) into decentralized finance (DeFi), reshaping the financial landscape.

Why you should care

The emergence of compliant yet privacy-preserving digital identity solutions, along with the concept of augmented reputation, represents a monumental advancement in the crypto sphere. These innovations are often hailed as the “Holy Grail” of crypto, offering a multitude of benefits.

With Galactica’s technology, expect heightened capital efficiency within DeFi, the ability to trade traditional assets such as Nvidia stocks or SpaceX equity on decentralized platforms like 1 Inch — even on weekends — and the convenience of purchasing corporate bonds or T-bills via Decentralized Exchanges (DEX). Moreover, envision securing a mortgage for a new Airbnb apartment in Tulum using your global credit score.

Beyond finance, this technology opens doors to hosting national elections securely and fostering entirely new digital communities or nations.

How it works

Galactica’s blockchain operates as a layer 1 protocol, distinguished by the introduction of groundbreaking primitives — akin to Lego building blocks — that revolutionize the landscape.

These primitives enable the creation of a compliant, privacy-preserving sovereign identity, along with the seamless validation and integration of on-chain, cross-chain, and off-chain data to construct augmented reputation systems.

Become a Galactican today and join their community, you’re still early!

About Galactica Network

Galactica Network is a layer-1 solution with the most flexible RegTech stack and DeSoc primitives. By leveraging zkKYC, dynamic whitelisting primitives and proofs over users’ Web3 footprints, it achieves a strong form of Sybil resistance and enables protocol-level, compliant privacy.

To learn more about this project, please visit its website: https://galactica.com.

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Multis Team Joins Safe to Build Cross-Chain Smart Wallet Infrastructure

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Safe, the leading smart wallet infrastructure, with more than $100 billion in value of digital assets secured, has welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code; Multis is an all-in-one financial software designed for crypto businesses. At the same time, Thibaut Sahaghian, the former CEO of Multis, is set to take on the new role of Network Abstraction Lead as a core contributor within the Safe ecosystem, where he and his team will continue their work towards enabling businesses and individuals to adopt and easily use digital assets every day.

With this move, Safe embarks on the next phase of its mission to simplify, improve, and enhance Web3 user experience. Leveraging their unique collective expertise, the Safe and former Multis team members will collaborate to solve the complexities of cross-chain interaction through network abstraction, with the end goal of enabling users to manage assets across diverse blockchain networks effortlessly.

As crypto usage soars, the demand for faster and more cost-efficient transactions has led to the rise of Layer 2 networks built atop the Ethereum mainnet (Layer 1), aiming to enhance scalability. However, this growth has considerably fragmented the blockchain landscape, complicating the development of user-friendly, on-chain applications and wallets. Addressing this complexity through network abstraction, which simplifies asset management across various blockchains, is crucial for setting the stage for mainstream adoption—a vital goal for the Ethereum community.

“The demand for Safe’s services is skyrocketing, particularly from emerging L2 ecosystems seeking robust infrastructure support to help users manage their digital assets. As we expand, simplifying the cross-network experience becomes crucial,” noted Richard Meissner, co-founder of Safe. “The synergy between Multis and Safe will undoubtedly help us become a staple in these evolving networks and beyond.”

Thibaut added, “Joining Safe is a game-changer for us. We’ve already been harnessing Safe’s robust infrastructure for years, and this is a new journey for us. It empowers us to broaden our mission, tapping into Safe’s expansive platform and extensive user base. Together, we’re set on building an ecosystem where digital assets and applications interact seamlessly across multiple networks, easing the path to adoption and creating a more integrated blockchain world.”

This strategic acquisition marks a turning point for Safe. It aligns with Safe’s recent collaboration with Coinbase-incubated Base to make smart accounts the standard on Ethereum. This announcement furthers Safe’s commitment to providing a seamless and secure foundation for managing assets within exploding L2 ecosystems on Ethereum.

About Safe

Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100 Billion in assets today. It is establishing a universal ‘smart account’ standard for secure custody of digital assets, data, and identity. With Safe{Wallet}, it’s flagship web and mobile wallet and Safe{Core} account abstraction infrastructure, Safe is on a mission to unlock digital ownership for everyone in web3 including DAOs, enterprises, retail and institutional users.

About Multis

Multis offers a comprehensive financial software solution, empowering DAOs and enterprises to seamlessly manage transactions with both USD and digital assets, across multiple networks. Historically backed by Sequoia Capital and Y Combinator, Multis has been a front-runner in enhancing the crypto business user experience, now set to amplify its impact with Safe.

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Raindex Launches On Flare To Power Decentralized CEX-Style Trading

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Flare, the blockchain for data, has announced the launch of the Raindex desktop app: a new intents-like DEX that uses the Flare Time Series Oracle (FTSO) to offer the advanced trading operations of centralized exchanges. Users can now set bid and offer prices, activate stop loss and take profit mechanisms, and replicate other traders’ strategies in a trustless, fully-permissionless, decentralized way, on-chain.

The Raindex app utilizes the intuitive Rainlang smart contract language, giving anyone the ability to design, write, deploy and manage customized token trading strategies, while leveraging Flare’s native decentralized price oracle, the FTSO, for reliable and secure asset price triggers.

Raindex achieves this with an intents-like architecture. Users can specify their desired trade outcomes without needing to define how the trade is fulfilled, potentially setting up multiple future trades as part of a strategy deployed in a single transaction. Anybody can then perform the trades on behalf of users, within the constraints of the pre-defined strategy.

For instance, a user can write a strategy to sell assets at a set price triggered by the Flare Time Series Oracle. Under the hood, Raindex facilitates this trade by acting as a matching venue for buyer and seller intents. This frees users from manual order placement and constant market monitoring.

Trusted Real-Time Asset Price Data

The culmination of more than three years of dedicated development, Raindex blends the most compelling advantages of both CEXs and DEXs into a single platform, allowing users to craft and execute Rainlang strategies without intermediaries. It provides a CEX-like trading experience with enhanced DEX-style autonomy and security, so users no longer have to give up control of their digital assets.

The platform will take advantage of FTSOv2’s new “Fast Updates” capability that delivers asset prices every block (1-2 second intervals), secured by Flare’s novel architecture, guaranteeing both price accuracy and censorship resistance. Flare offers a unique trust model for the enshrined oracles on their network as the data integrity is secured by the validators themselves. An extension of Rainlang on Flare enables FTSO data to be leveraged for trading strategies, enhancing market responsiveness while eliminating the reliance on third-party, off-chain data oracles.

Josh Hardy, Co-founder of Rain, commented: “Secure, reliable data is an indispensable part of the toolkit for anybody writing trading strategies. We’re super excited to introduce Rainlang and Raindex into Flare’s ecosystem, connect with the DeFi community and see what they create!”

Enhanced Trading Without Intermediaries

Rainlang is an innovative new programming language that’s designed to be simple to read and write. Anyone who can read and write Excel formulas can easily learn to create smart contracts using Rainlang. Traders will be able to implement their own customized strategies, including, but not limited to, dollar-cost averaging (DCA), stop losses, Dutch orders, portfolio rebalancing, market making and liquidity management and trend tracking.

With the ability to set bids and asks, stop loss, and take profit triggers, and copy trade vaults, the platform moves beyond traditional Automated Market Maker (AMM) models, offering unparalleled trade expression freedom with full on-chain execution.

“The recently announced upgrades to the Flare Time Series Oracle will enable up to 1,000 asset prices to be delivered on-chain every second or so, without sacrificing decentralization or security. Combine this with Rain’s intents-like DEX and you enable much of the functionality of a centralized exchange but without the risk of needing to custody your assets with a third party,” said Hugo Philion, Flare Co-founder and Flare Labs CEO.

The comprehensive Raindex desktop app provides an all-encompassing set of tools for traders to devise and write their strategies, with the ability to simulate its performance before deploying it on-chain. Users can simply express what they want using Rainlang, deposit their tokens into vaults and then deploy their order when the time is right, with Raindex’s app providing real-time performance monitoring.

To celebrate its launch on Flare and entice the community to show off its trading skills, Raindex is staging a trading contest that will run throughout May 2024, with a total prize pool of $12,000 available for those who can create the most profitable trading strategies using Rainlang.

About Flare

Flare is the blockchain for data: an EVM smart contract platform specifically designed to support data intensive use cases, including Machine Learning/AI, RWA tokenization, gaming and social. With decentralized, enshrined oracles secured at the network layer, Flare is the only smart contract platform optimized for decentralized data acquisition – price & time series data, blockchain event & state data, and web2 API data. By giving developers trustless access to the broadest range of data and data proofs at scale and for minimal cost, Flare expands the utility of blockchain and supports the development of new and improved use cases.

About Raindex

Rainlang is DeFi’s native language on EVM. Entirely onchain, it promotes accessibility and decentralization by making smart contracts easier to read and write. Raindex, leveraging Rainlang, introduces a new DEX concept where orders are smart contracts, enabling complex, algorithmic trading strategies to be created and executed onchain. Rain’s mission is to foster innovation and inclusivity in smart contract development and DeFi.

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Waterfall Network Launches New Desktop App for Windows and macOS

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Waterfall Network, the decentralized and scalable ledger, today announced the release of a new desktop app for Windows and macOS that now allows almost anyone to easily set up their own node on the blockchain. With one-click setup, users only need to download and open the app, their Metamask (or any EVM) wallet, and they will have a full node running in sync with Waterfall Network.

Once users are connected, they can activate the node to receive stake amounts and rewards, view network status and connected peers, manage block producers on the node by creating or removing them, check balances, use external SSD drives as a data storage device, and customize other node settings.

“Supporting the Waterfall Network is now simpler than ever,” said Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research. “This is not only an easy way for even novices to participate in the benefits of a blockchain, but this will also open up Waterfall node participation to a whole new class of user that will prove vital to building Waterfall before we publicly launch the mainnet.”

The Waterfall Network continues to streamline and expand its scale in anticipation of the launch of its mainnet. The Waterfall Network protocol has been optimized to achieve loads of 10,000+ transactions per second, with other optimizations and improvements, including faster synchronizations in parallel, improved search for new peers, automatically unlocked validators, improved reliability in optimistic consensus, randomness creation, new transaction gas estimates, and storage optimization. Waterfall is also continuing to develop and implement fast synchronization, simpler mnemonic phrase mechanisms, and reduced consumption of disk space.

The Waterfall Network protocol is Ethereum Virtual Machine (EVM) compatible, serving the huge existing Ethereum developer base without having to learn new programming languages. Its protocol incorporates an innovative “Directed AcyclicGraph (DAG)” technology that allows for virtually unlimited scalability and portability of decentralized applications (dAPPs) with low processing power requirements that allow anyone to run a validator node from even low-cost laptops and mobile phones.

To download the new Waterfall Network desktop app or for more information, please visit https://waterfall.network/.

About Waterfall Network

Waterfall is a versatile layer one (L1) smart contract platform that solves the “blockchain trilemma” of security, scalability and decentralization while offering the first truly decentralized governance platform. Waterfall’s unique approach utilizing what is called a “Directed Acyclic Graph (DAG)” achieves this by allowing anyone to run a validator node from any device, including low-cost laptops and in the future mobile phones. Waterfall is Ethereum Virtual Machine (EVM) compatible, serving the huge existing Ethereum developer base without having to learn new programming languages. Waterfall utilizes a “one person one vote” system in which money can’t buy power. It is connected via two-way bridges to other popular protocols including Ethereum, BSC, and more to come.

Waterfall is the leading layer one (L1) architecture to combine scalability and decentralization, all while offering a truly decentralized governance platform. Waterfall’s Directed Acyclic Graph (“DAG”) achieves and allows it to run a validator node from any device, including low cost laptops and in the future mobile phones. Waterfall utilizes Ethereum Virtual Machine (EVM), allowing for portability of decentralized applications (dAPPs), and has very low hardware requirements for the participants to become validators.

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Technologies

This project launched 3 new products in a week!

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Yet another time, when Isotopic manages the incredible. While other projects display roadmaps stretching years in the future even for a simple Minimum Viable Product, Isotopic abolishes its own, as the graphic designer cannot keep up with the development team!

Last week, Isotopic announced the release of its Asset Store, which also came with a complete revamp of the Game Store’s interface. Now, the release of the Isotopic SDK is made public, and with it, support for Cross-Game rewards. So what is Isotopic, and how does this project keep on building so many solutions, working with over 260 live game titles?

A gaming platform for all needs – Already LIVE!

Browse unlimited games for all platforms on the Isotopic Game Store, discover new games through video content on Isotopic Shorts, and gather all of your favourite games in one place with the Isotopic Client.

Create your very first videogame with 3D models from the Isotopic Asset Store, connect your own games with the Isotopic ecosystem using the Isotopic SDK, and seamlessly blend with other Game Universes, using Isotopic Cross-Game Assets.

Just head over to store.isotopic.io where you’ll find the whole ecosystem!

The main goal of isotopic – Own your games

In an ever-growing market of Indie Games, it becomes inefficient and expensive to browse and try out new games that end up sitting in your library without use.

Isotopic arrives to give you control of your game library, allowing you to truly own your game copies, which can be traded, exchanged, or otherwise repurposed! Tokenized game licences create a new economy with active exchange of game copies between users.This empowers small creators to reach wider audiences and show their talent, while gamers unlock new experiences for minimal cost.

The latest releases and future of isotopic

It’s been 3 months into 2024, and already Isotopic’s ecosystem has expanded to nearly double. But in just a week apart from first to last, 3 new solutions see light.

The Isotopic Asset Store, brings a marketplace for game development assets including 3D Models, prefabs, sounds, effects, and scripts. With the release of the Isotopic SDK, game developers can now integrate the Isotopic Ecosystem into their games, allowing things like login, Cloud Saves, and access to the third solution, Isotopic Cross-Game Assets. Now developers can add rewards into their games, which can transcend game worlds, and users who own them can use them in multiple different games.

So what is in the future of Isotopic? All of the solutions in the Isotopic Ecosystem are only set to grow even more from now on, with new updates, releases, and developments going live rapidly! Collaborations with gaming projects are in the works, and mean users will get the chance to earn exclusive items and games, so if you are interested in that, you should join the Isotopic Community!

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Technologies

Walletry – on the wave of technological progress

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The Walletry crypto wallet team constantly introduces new and proven technical solutions aimed at increasing comfort and protection for its users. Let’s talk about some of them.

First of all, it is worth highlighting the use of cross-chain bridges, which allow traders to change assets from different blockchain ecosystems. The internetwork exchange is based on a smart contract, it takes place quickly and is not subject to additional fees.

Walletry developers pay special attention to the aspects of security and reliability. When creating a wallet, a Seed phrase consisting of 12 English words is generated. It, together with the private key, provides access (return of access) to the assets stored on it. Two-factor authentication (2FA) is used, when in addition to the password, when logging into your account, you need to enter a code that will additionally be sent to your smartphone or e-mail.

And yet, development of a version of the crypto wallet for personal computers has already begun. It will be no less convenient than that available for mobile devices.

One thing is obvious. The Walletry team still has many tasks to solve, because its global goal is to make the project one of the most innovative and in demand.

Walletry: https://walletry.ai/

 

Disclaimer: This is a Press release. The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of our website. We does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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Technologies

Dekube Unveils Revolutionary Decentralized Computing Power Network to Democratize AI Development

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In a landmark move poised to change the landscape of Artificial Intelligence (AI) development, Dekube has announced the launch of its decentralized computing power network. This innovative platform makes it possible for small and medium-sized enterprises or individual developers to create large-scale models, addressing the critical challenge of the high cost and environmental impact of current AI training processes.

AI technology, while advancing rapidly, has been largely dominated by tech giants due to the prohibitive costs of training and developing AI models. Sam Altman, CEO of OpenAI, has highlighted that training models like Chat GPT4 could cost around $100 million, a sum far beyond the reach of most companies. This financial barrier has left the AI landscape at risk of being monopolized, hindering innovation and diversity.

Dekube’s decentralized network, built on Kubernetes architecture and enhanced peer-to-peer layer, leverages idle GPU resources from household PCs across the globe. This approach significantly reduces the marginal cost of acquiring computing power, making it virtually nonexistent. With the capability to expand into millions of nodes with GPUs, Dekube provides an elastically, efficient, cost-effective alternative to traditional centralized cloud platforms, boasting up to 30% more efficiency on LLM training & fine-tuning, through decentralization by using consumer-grade GPUs.

Eco-Friendly AI Development

In addition to democratizing AI, Dekube addresses the environmental concerns associated with the extensive use of computing resources in AI development. By utilizing idle GPU computing power, Dekube presents a more sustainable model that reduces the carbon footprint associated with AI training and development.

The Dekube Opportunity

With over 100 million idle GPU computing power units worldwide, the potential for Dekube’s network is immense. Even utilizing just 1% of this capacity could mobilize the power of over one million GPU units. This not only opens up unprecedented opportunities for innovation and development for Small and Medium-sized Enterprises (SMEs), subject matter experts and individual developers but also positions home-owned PCs as one of the world’s largest computing power networks.

AI Libre Spirit Event

In celebration of its pioneering platform, Dekube has launched the AI Libre Sprint event, offering applicants free compute credits equivalent to 100 x A100 80G graphics cards total, with exceptional teams receiving further support. This initiative underscores Dekube’s commitment to fostering innovation and breaking down barriers in AI development.

Closing Words

Dekube’s platform marks a significant step towards an inclusive, efficient, and sustainable future for AI development. By lowering the barriers to entry and providing a scalable, low-cost solution, Dekube is poised to subvert the dominance of big tech companies and usher in a new era of innovation.

For more information about Dekube and its revolutionary platform, visit its official website (DEKUBE.AI).

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Technologies

GeeTest Introduces Device Fingerprinting, a front-line defence mechanism that effectively combats evolving cyber threats

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GeeTest, a leader in innovative bot management solutions, proudly presents its latest offering – GeeTest Device Fingerprinting. The advanced cybersecurity solution designed to fortify online platforms against evolving digital threats. Leveraging sophisticated algorithms and cutting-edge technology, it intelligently identifies and tracks devices, providing a robust defense mechanism against malicious activities. Existing security measures often struggle to identify and prevent malicious activities originating from seemingly legitimate devices. GeeTest Device Fingerprinting steps in as a proactive and advanced solution to bridge this gap.

Embrace the future of security with GeeTest Device Fingerprinting – where innovation meets protection. Elevate your risk management strategy with our advanced solution that not only identifies risks but adapts to the evolving landscape of digital threats. GeeTest Device Fingerprinting provides the following 5 key features.

1. Risk Labels

Monitor traffic credibility from both behavioral and device dimensions, providing up to 34 black industry risk labels for reference. It facilitates the identification of devices with similar risk labels, offering optimization references for your security and business strategies.

2. Relation Map

By identifying connections among risky traffic, automating the organization of risk details, frequency information, and associated data for high-risk devices, this process provides data references for business departments.

3. Application Management

You can add as many applications as you need. Each application’s data is distinguished through unique IDs and keys, facilitating secure data analysis for different modules of the business.

4. Access Control

According to your needs, you can manually add blacklists or whitelists to facilitate the management of access permissions to specific objects or resources.

5. Data Studio

Our Device Fingerprinting product includes a robust Data Studio feature, offering users an intuitive analytics dashboard for comprehensive insights. It enables informed decisions, pattern detection, and effective security strategy optimization.

GeeTest Device Fingerprinting leverages cutting-edge technologies such as Triple-Dimensional Review Technology, GCN Knowledge Graph, and Weak Feature Identification Technology. These technologies ensure comprehensive device identification and analysis while prioritizing user privacy.

In the fast-paced digital landscape, GeeTest’s Device Fingerprinting emerges as a beacon of defense. By intelligently identifying and tracking devices, it offers a robust defense mechanism against a multitude of threats faced by industries today.

About GeeTest:

GeeTest, a CAPTCHA and bot management provider, protects websites, mobile apps, and APIs from automated bot-driven attacks, like ATO, credential stuffing, web scalping, etc. GeeTest has been developing human-bot verification technology since 2012. Now it processes 2.9 billion CAPTCHA requests daily and serves 320,000+ companies in sectors like blockchain, online games, e-commerce, etc. In November 2021 GeeTest was recognized as a selected vendor in Forrester’s Now Tech: Bot Management, Q4 2021. In Aug 2023, GeeTest CAPTCHA Awarded 2023 Best Ease of Use and Best Value Badges by Capterra.

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