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Protocol Town: Web3 contact sport Karate Combat launches its own Layer-2 chain, "UP," on Hedera.

The most recent in blockchain tech redesigns, subsidizing declarations and arrangements. between October 10 and 16.

In the first quarter of 2025, Karate Combat, a professional contract sports league enhanced by Web3, will launch UP, a layer-2 blockchain and crypto-native software licensing platform built on Hedera. The team claims that: By correctly predicting the outcomes of KC fights, $KARATE token holders can earn additional $KARATE through KC's Up Only Gaming software stack. It has developed to 100,000 clients in a year. Accomplices on UP can clone, redo and send off KC's local portable applications with no permitting expense. In 2025, the $UP token is expected to go on sale. 30% is wanted to stream to $KARATE token holders over the long run. Karate Combat 50 will be at Permissionless III on Friday night, starting at 7 p.m. Eastern Time." A press release states, " The product stack incorporates local iOS and android versatile applications, a web application and an on-chain backend. Today the association is declaring that it is authorizing the product stack to any passing games association, group, esport, dream sport, poker competition, image coin or betting stage to use for nothing."

Sergio Lerner, chief scientist at RootstockLabs, made the announcement that work has begun on Union, a new permissionless and trust-minimized bitcoin bridge based on BitVMX and the disputable computing paradigm. As per the group: " In addition, it was confirmed that the entire BitVMX codebase will be made available to the Bitcoin community through open source. BitVMX opens an entire host of new use cases for Bitcoin, including the making of new Bitcoin L2 light clients, zero-information contingent installments and independent bug abundance programs. During Bitcoin Amsterdam, these announcements were made live on stage." This link takes you to a Telegram group where readers can learn more about BitVMX's Yala, a Bitcoin liquidity layer with the stablecoin protocol that raises $8 million in a seed round, and contribute to its development.

In a seed round, Yala, a Bitcoin liquidity platform with a modular approach and an overcollateralized stablecoin protocol, received $8 million. As per an official statement, the round was co-driven by Polychain Capital and Ethereal Endeavors, with interest from noticeable financial backers, including World Vision Slope, Re-arranged word, Golden Gathering, ABCDE, Snare Capital, GeekCartel, HashKey Capital, L2 Iterative Endeavors (L2IV), SatoshiLab, UpHonest Capital, UTXO The board and 280 Capital. " "In preparation for Yala's mainnet launch, the capital will be used to expand the engineering, growth, and security teams," the company stated. Next week, Yala will release its testnet.

Worldcoin and Dune collaborate on World Chain data and insights.

According to the team, Worldcoin and Dune, a leading data analytics platform, are working together to bring real-time data accessibility and insights to World Chain, a new blockchain "designed for humans." Dune will provide the Worldcoin community with accessible on-chain data in conjunction with the Worldcoin Foundation and Tools for Humanity, ensuring transparency throughout the World Chain. Once the mainnet dispatches, devs and non-devs on World Chain will actually want to investigate measurements connected with genuine people cooperating on the chain, track DeFi execution and investigate on-chain information of any open blockchain project."

Paradigm, a crypto venture capital firm, has announced a $20 million investment in Ithaca, a crypto infrastructure startup focused on expanding research and development of open source tools like Reth and Foundry and building commercial products. Ithaca recently launched the Reth-based L2 "Odyssey" on the Testnet. The team claims that: Ithaca will accelerate crypto development by contributing to and maintaining open-source projects beginning with the release of Odyssey, a layer 2 built on Reth for performance and stability (following the OP Stack standard), built by Georgios Konstantopoulos, Paradigm CTO and general partner. In accordance with a blog post, Odyssey has a block time of one second and a target gas of 33 megagas per second (the 200 megagas limit with an elasticity factor of 6 in OP Stack). We plan to increase Odyssey's target gas to gigagas per second in subsequent chapters."

Widespread Protection Partnership Reports Amelia Andersdotter as Interval Chief.

Amelia Andersdotter, a previous individual from the European Parliament, was recently designated as the interval overseer of the General Protection Partnership. As per the group: " The appointment is made at a time when geopolitical events have made digital communications and privacy more important, and third-party data sharing, censorship, and surveillance practices are getting worse. The UPA is the aggregate of Web3 organizations - including Nym Innovations, Convention Labs Organization, Filecoin Establishment, Desert spring and Aztec Labs - that united to make the world's first and biggest hall bunch for web protection freedoms."

Blockchain Security Norms Committee Discloses Directorate, Drove by Dock's Weichelt.

The Blockchain Security Standards Council (BSSC) made the announcement of the appointment of its first board of directors, which is made up of important leaders from the organizations that were its founding members.

President: Anchorage Digital CISO Frieder Weichelt

President Vice: Annalea Ilg, Figment's CISO

Secretary: Directors: Adrienne Allen, Head of Security, GRC, and Privacy at Coinbase Riyaz Faizullabhoy, prime supporter, Stronghold; Fireblocks' VP of security and trust products, Shahar Madar; Senior director of security strategy and governance at Kraken, Ruth Sandescu; Sigal Mandelker, Ribbit Capital.

Convention Town is a customary element of The Convention, our week by week pamphlet investigating the tech behind crypto, each block in turn. To receive it every Wednesday in your inbox, sign up here. Project groups can submit refreshes here. Please visit this location for earlier versions of Protocol Village.

On Thursday, October 10, Nexus, the developer of the zero-knowledge virtual machine zkVM written in Rust, announced the launch of the first beta version of the Nexus network, which it describes as "the world's first open prover network." As per the group: " This is the principal conveyed zero information VM-based prover network that is open to anybody. The organization totals the aggregate force of any associated gadget, from monstrous GPU ranches to your PC or telephone. Our objective is to combine all of the computers in the world into a single supercomputer that can verify all Internet computations and open the Verifiable Internet.

Uniswap Designer Divulges Own Layer-2 Organization, Unichain, Based on Good faith Tech.

The principal developer of Uniswap, the largest decentralized cryptocurrency exchange, intends to launch its own blockchain as a layer-2 network on top of Ethereum in an effort to speed up and reduce transaction costs while also increasing liquidity. A press release stated that the new network, Unichain, was scheduled to launch on a private test network on Thursday. Uniswap Labs is in charge of the technical development of the project, which uses technology from the Ethereum layer-2 team Optimism's OP Stack. UNI) (OP) Ronin Bridge is secured by adopting Chainlink's Cross-Chain Interoperability Protocol.

"Following a competitive vote by the validator community (10 votes Chainlink, 3 votes LayerZero, 0 votes Axelar)," the team states, "Ronin has officially adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to secure the Ronin Bridge." Starting with Ethereum transfers, this integration will improve security for assets bridged to Ronin. The infrastructure of Chainlink was selected due to its defense-in-depth strategy and track record of facilitating over $15 trillion in transactional value across multiple networks. The Points App has been launched by Nudge, Markus Maier's new project for crypto reallocation incentives.

Nudge.xyz is a crypto project that promotes what it calls a "New: The Nudge Points App, described as "a DeFi app that unlocks hidden wallet value by assigning Re: The team claims that "Allocation Points, which serve as proxies for future Nudge incentives," The app calculates points and ranks users from "Air" to "Diamond" by analyzing asset types, on-chain activity, and liquidity using a proprietary algorithm. Clients can open more worth by redistributing resources, with focuses redeemable for remunerations. The app aims to change how on-chain money works." Markus Maier co-founded Mauve, a decentralized exchange (DEX) for trading compliant and real-world assets, before pivoting to build Nudge.xyz in May 2024.

Ecosystem Fund of $100 million is launched by Aethir, a cloud computing platform for underutilized GPUs.

A $100 million Ecosystem Fund, backed by the Aethir Foundation, has been launched by Aethir, a distributed network that sources underutilized graphical processing units (GPUs) for intensive tasks like AI model training and gaming, with the goal of accelerating adoption of its compute platform. The team claims that: Aethir introduces Aethir Catalyst, an independent grant program that will distribute 336,000,000 ATH tokens over the next year and provide grants or subsidies to more than 100 projects. The program upholds new companies and ventures with huge register needs, particularly those coordinating computer based intelligence or growing high-foothold gaming projects in underserved networks requiring reasonable GPU assets."


Namada Delegation Program Introduced by Anoma Foundation.

The Namada protocol, a data-protection blockchain using zero-knowledge proof technology, is supported by the Anoma Foundation, which "is launching the Namada Delegation Program to strengthen the security and decentralization of the Namada network," according to the team. Validators with high uptime, high security standards, and significant ecosystem contributions can apply. Up to fifty validators will each receive six-month delegations. Technical criteria such as participation in early testnets, development of tooling or infrastructure that increases the validator set's geographic diversity, and low commission rates (less than 10%) are used to select validators. Applications are due by October 31.
PiP World, the 'Duolingo of Crypto,' Raises $10M from Fintech Firm Exinity
PiP World, a Web3 gaming and EdTech biological system, says it has gotten $10 million in seed financing from Exinity, a fintech firm, to work out what it portrays as the "Duolingo of crypto." A press release states, " PiP World empowers users worldwide by combining engaging gameplay with individualized instruction. The games ecosystem at PiP World includes: PiP Trader, a AAA strategy management simulation game that allows players to construct trading portfolios; PiP Academy, a gamified app that simplifies financial concepts, PiP World's Gold Rush, a tap-to-earn game for Telegram; and StockRise, the most successful stock simulator on Roblox.

Utility token for CARV, an identity and data layer for gaming and AI, is now available.

CARV, a character and information layer for gaming and artificial intelligence, today dispatches its utility token, CARV. The team claims that: CARV enables holders to shape the protocol and monetize their data and is available on eight centralized exchanges, including Bybit and KuCoin. It is built on Base. Over the course of four years, there will be 1 billion units available, with 50% going to the community and 10% going to airdrops. On Arbitrum, CARV also introduces veCARV for increased voting power."

The Enterprise Social Media and AI Business Line is launched by the Network of Aggregated GPU Chips Aethir.

A new enterprise social media and AI business line was launched by Aethir, a distributed cloud computing infrastructure that combines enterprise-grade GPU chips into a single global network and is powered by its Aethir Edge network. The team claims that: Beginning in November, members can acquire up to 100 ATH tokens day to day by associating qualified gadgets to Aethir Edge. The decentralized network reduces latency and improves security to meet the growing demand for real-time data processing. Aethir gives users the ability to manage their digital presence effectively and earn rewards by combining AI, cloud phones, and social media."

Ripple expands its custody business to provide crypto companies with a "bank-grade" service.

In order to provide crypto businesses with "bank-grade" technology for securing digital assets, Ripple, a provider of digital asset infrastructure, expanded the functionality of its custody service. The new features include a native decentralized exchange (DEX) that may enable businesses to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRPL. These features also expand liquidity through the provision of XRPL-based tokens. The developers of the XRP Ledger went on to help found Ripple. "The benefits of bank-grade custody technology to fintechs and crypto businesses," Ripple stated on Thursday, is the company's goal. XRP) Theta Labs announces the development of an AI-powered chatbot for the Vegas Golden Knights.

A "novel AI-powered chatbot built for The Vegas Golden Knights" has been announced by Theta Labs, the Theta blockchain's developer: This chatbot, controlled by Theta EdgeCloud, will be coordinated into the VGK site to improve fan commitment by giving constant solutions to requests about game timetables, tickets, product and that's only the tip of the iceberg. The chatbot will provide personalized responses by utilizing Retrieval Augmented Generation (RAG) technology and a vast database of hockey statistics and team-specific data. For fans of the knights, the goal of this collaboration is to make a more engaging and immersive experience."

Folks. Finance Provides Cross-Chain Collateral to Unlock Coinbase's Wrapped Bitcoin Alternative, "cbBTC."

The Folks staff. The following message was sent by Finance, a community-driven decentralized platform that provides permissionless DeFi tools across multiple networks: People unlock cbBTC's potential as cross-chain collateral for the first time. Finance is a decentralized platform driven by the community that offers DeFi tools without permission across multiple networks. Folks. Finance clients can store cbBTC, use it as guarantee, and acquire against, making People. Finance the principal cross-affix loaning stage to help cbBTC on the Base blockchain.

Livepeer Hosts 'computer based intelligence Demo Day' for 8 Tasks in Startup Program, Opens Q4 Companion.

An AI Demo Day was held by Livepeer, a decentralized video streaming project, to showcase eight startups that had participated in its AI Startup Program for the previous three months. "These ground-breaking startups are constructing the future of generative AI on decentralized infrastructure," the group claims. They consist of: Operator, Origin Stories, Refraction, StreamEth, Flipguard, Katana Video, Newcoin, Supermodel, and Flipguard The Livepeer AI Video Startup program's fourth cohort, which receives $20K in grant funding, is currently accepting applications. Candidates can apply by going to: "Apex Fusion, a federated multi-chain network, raises $6 million in a private token.

The first private token sale of Apex Fusion, a federated multi-chain layer-1 network that combines the best of UTXO and EVM transaction execution methods into a single decentralized ecosystem, aims to provide a seamless experience for future blockchain builders and developers. The team claims that: For its token ecosystem, the startup raised $6 million at a fully diluted valuation of $180 million. The funds, according to the AF team, will be used for marketing and expanding its Prime, Nexus, and Vector chains' networks. It gives local extensions, interoperability conventions, and designer devices."

Ton Society to Host TON Bootcamp in London on Oct. 10-11

TON Society sent the accompanying message: " Top innovators and builders will visit London for the first TON Bootcamp. This two-day Hackers League Bootcamp, which will be held at Woolwich Works on October 10 and 11, will be hosted by TON Society and Flight3. The event features interactive sessions, hands-on experience, networking with industry professionals, and a focus on the TON and Telegram ecosystems. Before presenting their projects, aspirant founders can form teams, generate concepts, and receive mentoring. Each of the three winners will receive $5,000, and they will go on to compete in the Hackathon finals, which have a $2 million prize pool and the potential to invest $500,000.
 
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