Allgemein

Rebecca Barkin Joins Lamina1 as CEO, Paving Way for Open Metaverse

• Rebecca Barkin, former executive at Magic Leap, has been promoted to CEO of metaverse-focused layer 1 blockchain protocol Lamina1.
• Barkin will be in charge of all business operations, partnerships, fundraising, developer relations, and the execution of the product roadmap.
• Lamina1 was first teased in June as a foundation for an open metaverse and launched the Lamina1 Ecosystem Fund late last year.

Rebecca Barkin, former executive at Magic Leap, has been appointed to serve as the new Chief Executive Officer (CEO) of metaverse-focused layer 1 blockchain protocol Lamina1. With this promotion, Barkin will be in charge of all business operations at Lamina1, including partnerships, fundraising efforts, developer relations, and the execution of the product roadmap.

Barkin joined Lamina1 in August as the company’s President and is now taking on the role of CEO. She brings to the table a wealth of experience from her time at Magic Leap, where she served as Chief Revenue Officer and was responsible for overseeing all revenue-generating activities.

Lamina1, the brainchild of science-fiction author Neal Stephenson and global blockchain expert Peter Vessenes, was first teased in June as the foundation for an open metaverse. The promise of the Lamina1 protocol is to provide users with the tools to create, publish, and monetize their own 3D content, applications, and virtual worlds.

The team launched the Lamina1 Ecosystem Fund (L1EF) late last year, a $50 million fund aimed at supporting the development of the Lamina1 protocol and ecosystem. The fund is backed by prominent investors such as Andreessen Horowitz, Decentraland, and Elad Gil, among others.

The Lamina1 team is excited to have Barkin at the helm and looks forward to her leadership in driving the project forward. With her expertise and drive, Lamina1 is poised to become the leading infrastructure for virtual worlds.

Immunefi Bans 15 Users for Submitting ChatGPT-Regenerated Bug Reports

• Immunefi, a crypto platform, has recently banned 15 users who submitted ChatGPT-regenerated bug reports.
• OpenAI’s ChatGPT has stirred controversy since its launch, with the Twitterverse commenting on how the software could eventually create code, write stories, steal jobs and even fight wildfires.
• Immunefi developers stated that the platform’s reasoning on the subject is crystal clear, as there is a difference between something like GitHub Copilot and ChatGPT.

Immunefi, a crypto platform that pays out bounties to white hat hackers, has recently taken a firm stance on ChatGPT-regenerated bug reports. 15 users were banned last week for submitting such reports to the platform, with Immunefi developers claiming that there is a difference between something like GitHub Copilot and ChatGPT.

OpenAI’s ChatGPT has been a hot topic in the Twitterverse, with many discussing how the software could eventually create code, write stories, steal jobs and even fight wildfires. But Immunefi is not having any of it. In a statement to CoinDesk, Immunefi developers said that the platform’s reasoning on the subject is crystal clear for now. “There’s a difference between something like GitHub Copilot and ChatGPT,” the statement said. “With the former, you are driving the process and the role of Copilot is offering useful suggestions in context, which you accept or reject as you write your program. With the latter, you are using a single prompt to generate something that looks like a well-written bug report, but is nonsense.”

Immunefi’s stance has been met with mixed reactions. Some have applauded the platform for taking a stance against what they perceive as an unethical practice, while others feel that such actions are unjustified. However, Immunefi has made it clear that it is not taking any chances when it comes to the quality of bug reports that it receives.

The ban on ChatGPT-regenerated bug reports is a sign that Immunefi is taking its security measures seriously. It is a reminder that security is paramount in the crypto world, and that all bug reports should be taken seriously and handled with the utmost care. By banning these 15 users, Immunefi is sending a clear message that it is not willing to compromise on the quality of its bug reports.

Negative Yields Vanish, Bitcoin Rally Weakens: Analysts Warn of Pullback

• The global stockpile of negative-yielding bonds has vanished as central banks around the world raise interest rates at a record pace.
• Analysts had previously cited the stockpile of negative-yielding debt as a source of bullish momentum for bitcoin, which rose sixfold in the six months to April 2021.
• With the vanishing of negative-yielding debt, the case for investing in bitcoin has weakened.

As central banks around the world continue to raise interest rates at a record pace in order to combat inflation, the global stockpile of negative-yielding debt has vanished, weakening the case for investing in risky alternative assets such as cryptocurrencies. The value of the Global Negative-Yielding Debt Index from Bloomberg and Barclays has dropped to zero from a record high of $18.4 trillion in December 2020.

Negative-yielding debt is when investors receive less money at maturity than the original buying price, so the higher the number of negative-yielding bonds in circulation, the more investors would be incentivized to move their money into riskier investments like bitcoin. This incentive was increased following the coronavirus-induced crash of March 2020, as central banks injected record liquidity into markets and economies through rate cuts and bond purchases.

The result of this was that investors moved their money out of fixed-income securities and into Bitcoin (BTC) and tech stocks. This drove the price of Bitcoin up sixfold in the six months to April 2021, reaching record highs above $60,000.

However, now that the global stockpile of negative-yielding debt has vanished, the incentive for investors to move their money into riskier investments such as Bitcoin has significantly decreased. As such, the case for investing in Bitcoin has weakened. Analysts have warned that this could lead to a pullback in the price of Bitcoin, as investors look to more stable assets to put their money into.

Verbum: Breaking Down Language Barriers in the Metaverse

• OneMeta AI has unveiled Verbum, a service providing real-time translation for up to 50 individuals in 82 languages and 40 dialects.
• Verbum can also provide voice translations, making it a great fit for the metaverse.
• This technology could solve the language problem that has been a barrier to entry for many in the metaverse.

The metaverse is a virtual world that is theoretically open to everyone, but language has been an issue for many users. OneMeta AI has developed a solution called Verbum that could solve this problem. Verbum is a real-time translation service that can handle up to 50 individuals speaking in 82 languages and 40 dialects. It also offers voice translations, making it a great fit for the metaverse. This technology could provide a much-needed barrier to entry in the virtual world, as it would allow people to communicate regardless of their native language. By breaking down language barriers, Verbum could open the metaverse up to a much larger audience.

The potential of this technology is huge. For example, it could be used to facilitate international business meetings, allowing people from all over the world to communicate without having to worry about language barriers. It could also be used in education, allowing people to learn about different cultures without ever having to leave their homes. In addition, it could be a great tool for connecting people from different backgrounds and fostering understanding and collaboration.

Verbum is a game-changing technology that could revolutionize the metaverse. By providing real-time translation in dozens of languages, it could make the metaverse accessible to people from all over the world. This could be a huge boon for the virtual world, as it would open the door to a much larger audience. Verbum could be the key to unlocking the full potential of the metaverse and making it a truly global experience.