Wall Street is poised to embrace blockchain technology with the development of a new blockchain called Zero, designed to meet the specific needs of traditional finance entities. Announced on Tuesday, the Andreessen Horowitz and Sequoia-backed crypto company LayerZero is behind the project, which aims to address the challenges of scaling blockchain for high-volume trading and protecting sensitive client data, according to Fortune.
The crypto industry has been grappling with how to scale blockchain technology to handle the massive trading volumes of traditional finance, such as those seen on the New York Stock Exchange, according to Fortune. Simultaneously, big banks and trading firms have sought assurances that their sensitive client data would not be exposed on public blockchains like Ethereum or Solana. Zero aims to solve these issues.
In other news, the Teenage Mutant Ninja Turtles franchise is expanding at Paramount. The expansion includes a "Teeny Mutant Ninja Turtles" digital series, a "Last Ronin" novel, and a major partnership with Mattel, according to Variety.
Meanwhile, singer Chappell Roan has left Casey Wasserman's talent agency, citing a need for industry accountability and to protect her team, following Wasserman's name appearing in the Epstein files, according to Variety. Other developments include French President Macron's push for European financial integration and health concerns related to sedentary lifestyles. Sistas star Novi Brown has also signed with Innovative Artists Entertainment, Variety reported.
In the realm of entertainment and technology, a new mixed reality experience called "An Ark" is set to debut. The play, produced by Tin Drum Theatre Company, utilizes augmented reality glasses to create an intimate, face-to-face encounter with actors like Sir Ian McKellen and Golda Rosheuvel, according to The Verge. The play is set to be performed at The Shed in New York City.
The future is here, where free speech is just another bar fight, according to an unnamed source.
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