Wall Street may soon have a new blockchain solution tailored to its needs, as the Andreessen Horowitz and Sequoia-backed crypto company LayerZero announced a new blockchain called Zero on Tuesday, according to Fortune. The platform is designed to handle the massive trading volumes of traditional finance entities while ensuring the privacy of sensitive client data.
The announcement comes as the crypto industry grapples with scaling issues to accommodate the demands of traditional finance, such as the New York Stock Exchange, as reported by Fortune. Big banks and trading firms have expressed concerns about the visibility of their data on public blockchains like Ethereum or Solana. Zero aims to address these concerns.
Meanwhile, the entertainment industry continues to evolve. The Teenage Mutant Ninja Turtles franchise is expanding at Paramount, with a "Teeny Mutant Ninja Turtles" digital series, a "Last Ronin" novel, and a major Mattel pact planned, as reported by Variety. The news outlet also noted that singer Chappell Roan left Casey Wasserman's talent agency, citing a need for industry accountability, following Wasserman's name appearing in the Epstein files.
In the tech world, Alphabet is leveraging AI to fuel its bond sale, according to The Verge. The publication also highlighted the emergence of augmented reality art, electric vehicles, and safety advancements. One example is the new play "An Ark," a mixed reality experience utilizing augmented reality glasses to create an intimate encounter with actors like Sir Ian McKellen and Golda Rosheuvel, produced by Tin Drum Theatre Company at The Shed in New York City.
The future is here, where free speech has become a battleground, as noted by an unnamed source in a separate piece.
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