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Produced by Daniel Aharonoff & Mogul Media AI

Coinbase Raises $1 Billion in Convertible Notes

Coinbase's Bold Move: Raising $1 Billion in Convertible Senior Notes In an audacious financial maneuver, Coinbase, the leading digital asset exchange in America, has announced a private offering aimed at raising $1 billion through convertible senior notes. This strategic decision not only underscores the growing confidence in the cryptocurrency market but also showcases the exchange's ambition to further solidify its position within the industry. Coinbase Stock Performance As of the latest trading session, Coinbase's stock, designated as COIN on the Nasdaq, experienced a notable uptick of 3%, bringing the share price to $263.86. Here’s a brief overview of its recent performance: Previous Close : $256 on Tuesday Intraday High : Surged above $268 on Wednesday morning Month-to-Date Growth : Nearly 90% Recent Peak : Reached its highest price since 2021 at $271.65 earlier this week The robust performance of COIN illustrates investors' renewed interest in crypt...
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling the Dual-Layer Structure of RSS3 Mainnet: Revolutionizing the Open Web

RSS3 is making waves with the announcement of its Mainnet launch set to take place in the first quarter of 2024. The RSS3 Mainnet introduces a groundbreaking dual-layer structure that sets it apart from other platforms in the decentralized space. With a Data Sublayer (DSL) dedicated to the efficient management of Open Information and a Value Sublayer (VSL) functioning as an Ethereum Layer 2 (L2) with adjusted OP Stacks and Celestia DA, RSS3 is poised to revolutionize the handling of values derived from the DSL. One standout feature of the DSL is the ability for users to quickly set up a private Web3 AI in just about 15 minutes, adding a new dimension to the decentralized ecosystem.

The Journey of RSS3: Pioneering Open Web Since 2021

Since its inception in 2021, RSS3 has been on a mission to transform the Open Web, drawing inspiration from Aaron Swartz and the original RSS protocol. The upcoming Mainnet launch marks a significant milestone in RSS3's quest to establish a robust Open Information infrastructure for the next generation of decentralized applications.

Milestones and Innovations: The Testnet Era

Throughout its journey, RSS3 has been a catalyst for innovation with its Testnet, making substantial contributions to various fields. Key developments from this period have laid the groundwork for the upcoming Mainnet launch and the advancements it will bring to the decentralized landscape.

The RSS3 Mainnet: A New Paradigm for Open Information

As the Mainnet launch approaches, RSS3 is positioned as a trailblazer in the Open Web movement. The platform's architecture, detailed in an upcoming whitepaper, promises a revolutionary approach to the ownership and utilization of Open Information.

  • RSS3 DSL: The Data Sublayer (DSL) within the RSS3 Network houses all Open Information. Users are encouraged to participate by setting up a Node or delegating their tokens to support the maintenance and growth of the DSL. Builders can leverage the DSL to effortlessly create decentralized search engines or social applications. For those interested in advanced capabilities, spinning up a DSL node in just 15 minutes allows users to select a dataset and deploy their own private AI within the same node.

  • Value Sublayer (VSL): The Value Sublayer (VSL) serves as an Ethereum Layer 2 with adjusted OP Stacks and Celestia DA. It is designed to handle values derived from the DSL, offering enhanced functionality and efficiency within the RSS3 ecosystem.

The impending launch of the RSS3 Mainnet heralds a new era for Open Information management and decentralized application development. By combining innovative technology with a commitment to empowering users, RSS3 is set to redefine the standards of the Open Web ecosystem.

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