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Ubisoft to launch its first Web3 game on the Oasys blockchain

French video game company Ubisoft announced that its first game to use Web3 technology, "Champions Tactics: Grimoria Chronicles," will be released on October 23 and will be deployed on the Oasys Layer2 network Home Verse, which is a blockchain-driven Web3 gaming ecosystem.

Uniswap Labs Launches New Layer-2 Network on Testnet Using Optimism's OP Stack

Uniswap Labs, the creator of the popular decentralized crypto exchange Uniswap, has announced the development of a new layer-2 network. The network was built using Optimism's OP Stack, which has also been utilized by Coinbase and Sony for their own layer-2 networks. The team behind Uniswap is also planning to launch their own blockchain as a layer-2 network on top of Ethereum, with the goal of improving transaction speed, reducing costs, and enhancing liquidity. The new network was set to launch on testnet on Thursday.

Uniswap Labs Launches Unichain, a Layer 2 Network Based on Optimism

Uniswap's development team, Uniswap Labs, announced the launch of its own Layer 2 network, Unichain. The network is built on Optimism's OP Stack technology and is scheduled to go live on the testnet on October 10th.

Aethir launches $100 million fund to accelerate AI and gaming innovation

Cloud computing provider Aethir announced the launch of a $100 million Aethir Ecosystem Fund to accelerate innovation in artificial intelligence and gaming. The program includes the Aethir Catalyst program, which aims to provide high-performance GPU resources for startups and enterprises. Next year, the fund will issue 336 million ATH tokens, also focusing on AI and gaming projects. Aethir CEO Daniel Wang said the $100 million fund addresses the needs of startups and enterprises trying to access high-performance GPU resources.

dYdX founder Antonio Juliano returns to the company as CEO

According to the official blog of decentralized derivatives trading platform dYdX, founder Antonio Juliano announced on October 10 that he will return to the company as CEO. Juliano resigned from the CEO position in May of this year and has now resumed control of the company after six months. Juliano stated that dYdX has faced fierce competition and a difficult market environment over the past year and is in urgent need of revitalization. As the founder, he recognizes that he has a unique moral authority and comprehensive perspective on the company, and can make significant changes that others cannot achieve. During his time away from the company, Juliano reflected on himself and found the true motivation to continue leading the company. He emphasized that founders cannot truly leave the companies they created, and accepting this fact allowed him to find inner peace. Juliano stated that he is now returning to the company with renewed energy and wisdom, ready to enter "founder mode" and personally manage dYdX. He expressed gratitude to the team and supporters and promised to devote himself wholeheartedly to the future development of the company.

Ethena Labs confirms the allocation of reserve fund RWA, and 4 assets including BlackRock BUIDL and USDS are selected

Ethena Labs announced that it has determined the distribution of the reserve fund RWA. BUIDL (Belad/Securitize), USDS (Sky), USTB (Superstate), and USDM (Mountain) have been allocated the reserve fund RWA. The distribution of the reserve fund is expected to take place in the next few days, and the balance of the reserve fund will have temporary changes.

Bitcoin mining company IREN sued by investors for transitioning to AI

Iris Energy (IREN), a bitcoin mining company listed on Nasdaq, is facing a class action lawsuit for allegedly exaggerating its ability to transform its data centers into high-performance computing (HPC) and artificial intelligence applications. The lawsuit claims that the facility in Childress, Texas lacks key features such as sufficient power redundancy, cooling systems, and fiber optic connections. Influenced by a critical report released by Culper Research, Iris Energy's stock price fell by about 15%. The report questions the company's HPC statement and the applicability of its facilities. The lawsuit seeks compensation for investors who purchased Iris Energy securities between June 20, 2023 and July 11, 2024.

Mt.Gox: Compensation deadline will be extended by one year to October 31, 2025

Mt. Gox officially announced today that the bankruptcy trustee has completed the compensation work for bankruptcy creditors who have completed the necessary procedures for receiving compensation and have not encountered any problems in the compensation process. However, many bankruptcy creditors have not yet completed the procedures required to receive repayment and have therefore not received repayment. In addition, due to various problems that have arisen during the repayment process, a considerable number of bankruptcy creditors have temporarily not received repayment. In order to compensate these bankruptcy creditors as reasonably as possible, the bankruptcy trustee, with the permission of the court, has changed the deadline for compensation from October 31, 2024 (Japan Standard Time) to October 31, 2025 (Japan Standard Time).

Coinbase International has launched ARKM perpetual contracts

Coinbase International and Coinbase Advanced have launched Arkham (ARKM) perpetual contracts. Limit, market, stop-loss, and limit-stop orders are now available.

Bybit CEO Highlights Commitment to Advancing Decentralized Ecosystems at Solana Breakpoint Event

During the recent Solana Breakpoint event, Bybit CEO and Co-Founder Ben Zhou discussed the company's commitment to advancing decentralized ecosystems, with a focus on Solana. Zhou emphasized Bybit's role as an infrastructure builder, prioritizing collaboration with existing ecosystems rather than creating its own blockchain. Bybit's partnership with Solana includes the liquid staking token bbSOL, which enables users to earn yields on their Solana holdings while also using them as collateral for trading on the platform. Zhou stated that Bybit's primary focus is enhancing its Web3 wallet infrastructure, building a bridge between centralized and decentralized finance.