Cena MovementMOVE

It’s funny how people are panicking and dunking each other on TL, the next day people just forget and move on 🤣 larpers at it’s best

Not really, same amount of time allotment Its like a timed race - say 2 dudes have 10 minutes to run as far as possible The lighter dude is gonna get farther than the one carrying a 50 ILB backpack Just price wont move as quickly and thats why we get diminishing percentage returns Eventually all assets go through this as they add market cap

There is not a hint of respectability about the religious Iranian regime It’s obvious to 80% of Iranians (I think) & 99.9999% of the global population So hopefully can move on soon but in not too disruptive a way

The world of technology is constantly evolving, and sometimes, the biggest innovations come from unexpected places. What happens when someone from the cutting edge of artificial intelligence decides to tackle the seemingly traditional world of payroll? That’s exactly the story behind Volante Chain, a new crypto payroll startup founded by a former OpenAI employee. Joey Bertschler, who previously worked at OpenAI, the company behind ChatGPT, made a significant pivot. His journey from a leading AI research lab to launching a blockchain payroll platform highlights a growing trend: leveraging cutting-edge technology to solve real-world financial problems. Bertschler’s decision wasn’t made lightly; reports suggest a level of disillusionment with the internal culture at OpenAI and perceived limitations for non-U.S. based staff played a role in his shift towards the fintech sector. This move underscores a belief that blockchain technology offers unique advantages, particularly in areas like payments and financial access, that even advanced AI alone cannot fully address. The focus shifted from developing large language models to building infrastructure that enables more equitable and efficient financial systems. Volante Chain is designed to disrupt traditional payroll systems by offering unprecedented speed and flexibility. At its core, the platform is built on blockchain technology, which provides a decentralized and transparent ledger for transactions. This is crucial for ensuring security and immutability in financial operations. Here’s a breakdown of key features: The combination of crypto for swift transactions and AI for intelligent risk assessment creates a powerful synergy aimed at making payroll more dynamic and responsive to employee needs. Bertschler’s departure from a high-profile AI company to start a fintech startup in the payroll space is telling. While the original content mentions dissatisfaction with OpenAI’s culture and limitations for non-U.S. staff, it also points to a recognition of the potential for blockchain and crypto to solve fundamental financial problems that impact people globally. The desire to build something with tangible, immediate financial impact, especially for workers who might benefit most from flexible pay access, seems to be a driving force. It highlights that talent from even the most advanced tech sectors sees immense opportunity in applying blockchain solutions to improve existing financial infrastructure, particularly in areas underserved by traditional systems. The concept of daily wage access is perhaps the most compelling feature of Volante Chain. For many individuals, living paycheck to paycheck is a reality. Waiting two weeks or a month for earned income can lead to significant financial stress, reliance on predatory short-term loans, or difficulty managing unexpected expenses. Providing access to wages as they are earned can: Volante Chain’s approach, enabled by the speed and efficiency of crypto transactions on a blockchain, makes this daily access a practical possibility, moving beyond traditional banking limitations. Volante Chain is not just an idea; it’s already in the testing phase. The startup is currently running pilot programs with users in Vietnam and Japan. These markets represent diverse economic landscapes and regulatory environments, providing valuable testing grounds for the platform’s scalability and adaptability. The startup has also secured initial funding, raising $2 million from private investors. This capital injection provides a runway for development and operations. According to reports, this funding is expected to sustain the company for five years without needing additional investment, indicating confidence from early backers and a lean operational model. This early traction and solid financial backing position Volante Chain as a promising player in the evolving landscape where fintech, blockchain, and AI converge to redefine how people get paid. Joey Bertschler’s transition from the cutting edge of AI at OpenAI to launching a crypto payroll platform like Volante Chain is a testament to the transformative potential of blockchain technology. By focusing on providing daily wage access through a secure and efficient blockchain payroll system, this new fintech startup addresses a fundamental need for financial flexibility in the modern workforce. Motivated by a desire for greater impact and perhaps a different work environment than found as an OpenAI employee, Bertschler’s venture is poised to challenge traditional payroll models. As Volante Chain continues its testing in key markets and leverages its initial funding, it will be fascinating to watch how this innovative approach reshapes the future of how we get paid. To learn more about the latest crypto market trends, explore our article on key developments shaping fintech startups institutional adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Big news is circulating in the crypto news world today, specifically concerning the AltLayer project and its native ALT token. A significant on-chain movement has caught the attention of analysts, revealing a massive deposit into one of the world’s largest cryptocurrency exchanges. This move isn’t just a routine transfer; it’s directly tied to an important strategic decision by AltLayer to address a critical market challenge. According to insights shared by on-chain analyst ai_9684xtpa, a multi-signature address controlled by AltLayer recently transferred a staggering 200 million ALT tokens to Binance. At the time of the report, this deposit was valued at approximately $6.42 million. While large deposits to exchanges can sometimes signal potential selling pressure, AltLayer has clarified the purpose behind this substantial transfer, linking it directly to an upcoming token swap initiative. The primary reason behind this substantial deposit of ALT tokens onto the Binance platform is to facilitate a planned token swap. AltLayer is transitioning its ALT token from the BEP20 standard (used on the Binance Smart Chain, now BNB Chain) to the ERC20 standard (used on the Ethereum network). This strategic shift aims to consolidate liquidity and improve the overall trading experience for ALT token holders on the exchange. Depositing a large reserve of the token onto the exchange before initiating the swap is a crucial step. It ensures that Binance has sufficient supply of the token to manage the conversion process and provide adequate liquidity for users trading the ERC20 version once the swap is completed and implemented on the platform. This proactive measure helps prevent potential price volatility or trading disruptions that could arise from a sudden lack of available tokens. For those new to the technical side of cryptocurrencies, understanding token standards is key. ERC20 is the technical standard for smart contracts on the Ethereum blockchain used for fungible tokens (meaning each token is exactly the same as another). BEP20 is a similar standard on the Binance Smart Chain (BNB Chain). While they share many similarities, tokens on one chain cannot be directly used or traded on the other without a bridging mechanism or an exchange facilitating the swap. A token swap, in this context, involves converting tokens from one standard or blockchain to another. In AltLayer‘s case, they are moving from BEP20 to ERC20. This often means that tokens held on the BEP20 standard will eventually become obsolete or lose primary support on major platforms like Binance, with the ERC20 version becoming the standard. Why make this change? AltLayer explicitly stated that the token swap is intended to address a liquidity shortage on the exchange. This suggests that perhaps the BEP20 version of the ALT token currently traded on Binance was experiencing issues with trading depth, order book spread, or overall availability, making it difficult for users to buy or sell larger amounts without significantly impacting the price. A lack of liquidity can be detrimental to a token’s health on an exchange. It can lead to: By depositing a large sum and facilitating the swap to the ERC20 standard, AltLayer and Binance are working together to ensure there is ample supply of the now-standardized token available for trading, aiming to create a more stable and efficient market on the platform. For users holding ALT token, especially on Binance, this announcement is significant. While Binance typically handles token swaps automatically for funds held on the exchange, users holding BEP20 ALT tokens in external wallets will need to pay close attention to official announcements from AltLayer and Binance regarding the swap process and deadlines. Key considerations for holders: This move is a positive step towards standardizing the token and improving its market health on major platforms. While temporary adjustments might be necessary for some holders, the long-term goal is a more robust and liquid market for ALT token. Like any significant technical and market-oriented change, the AltLayer token swap presents both opportunities and potential hurdles. Benefits: Challenges: The success of the swap hinges on clear communication and smooth technical execution by AltLayer and its partners, including Binance. To fully appreciate the significance of this move, it’s helpful to understand AltLayer‘s role. AltLayer is a decentralized protocol that offers ‘Restaked Rollups’, combining optimistic and ZK rollup technology with EigenLayer’s restaking mechanism. This allows developers to quickly deploy application-specific rollups that are highly scalable, secure, and customizable. The ALT token is integral to the AltLayer ecosystem, used for staking, governance, and potentially as gas tokens for rollups. As AltLayer continues to build out its infrastructure and attract developers to deploy rollups, having a widely accessible and liquid token on a major standard like ERC20 is crucial for its growth and adoption. Here’s what you should do if you hold or are interested in ALT token: The deposit of 200 million ALT tokens onto Binance and the accompanying announcement of a BEP20 to ERC20 token swap represent a significant strategic maneuver by AltLayer. By addressing reported liquidity shortages and standardizing the token on the widely adopted ERC20 format, AltLayer aims to improve the trading environment for its community and pave the way for easier integration within the broader Ethereum-centric ecosystem. While token swaps require careful execution and clear communication, this move signals AltLayer‘s commitment to strengthening the market infrastructure for the ALT token and supporting its future growth within the competitive modular blockchain landscape. Keep an eye on official channels for the latest updates on this important transition. To learn more about the latest crypto market trends, explore our article on key developments shaping AltLayer and the broader blockchain ecosystem. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.