Connect with us

Technology

Zircuit Closes Mainnet Funding Round with Support from Arcanum Capital

Published

on

Arcanum Capital and 35+ investors join to help improve blockchain security to prevent smart contract exploits.

NEW YORK, Aug. 14, 2024 /PRNewswire-PRWeb/ — Arcanum Capital is excited to announce its participation in Zircuit’s recent Mainnet Funding Round, co-investing alongside Binance Labs, Mirana, and Nomad Capital, among other industry-leading investors in previous rounds including Pantera Capital, Dragonfly, and Arthur Hayes’ Maelstrom. Zircuit’s unique value proposition lies in its ability to improve Layer 2 blockchain security by integrating AI at the sequencer level.

“Modularity is a key theme in the investment thesis for our second fund in collaboration with Luganodes,” said Arcanum Capital co-founder and managing partner, James McDowall. “The Ethereum ecosystem has experienced immense growth over the years but faced scalability issues as a consequence. Optimistic roll ups have gained popularity due to their ease of implementation on the EVM, but they encounter lengthy transaction finality times and potential security risks. Zircuit aims to help address both of those limitations.”

ZK rollups have emerged to address these problems but have proven to be more difficult to implement due to their complexity. Zircuit is an EVM-compatible zero-knowledge rollup, integrating elements of both optimistic rollups and zero-knowledge (zk) proofs to optimize transaction processing and validation capabilities.

Zircuit recently launched its Public Testnet, attracting an impressive $3.5B of TVL in just three months. This is testament to the strength of the Zircuit team and its strong community of over 300,000 members across social media platforms.

“As the Web3 space accelerates toward mainstream adoption, Zircuit will empower this growth by providing the necessary infrastructure to onboard the masses,” said Martin Derka, Co-Founder of Zircuit. “Our years of research into rollups and blockchain security have allowed us to build an L2 network with unparalleled security and scalability. We’re proud to have the support of Binance Labs, Mirana Ventures, and our other investors as we approach our first phase of Mainnet and establish Zircuit as a cornerstone in the industry.”

About Arcanum Capital

Arcanum Capital is a venture capital firm focused on supporting enterprising and forward-thinking teams that are establishing decentralized networks and applications for the global blockchain ecosystem. Arcanum Capital’s team consists of experienced investment professionals who understand what it takes to evaluate, incubate and scale promising teams and ideas. We have been on the ground as operators, investors, and incubators in frontier and emerging markets, including India, since 2013, and have worked with startups, decentralized networks, and publicly listed companies. During this time, we have cultivated powerful networks and partnerships that are invaluable in helping our portfolio entities transition from idea to market and scale on the global stage.

About Luganodes

Luganodes is a AAA rated institutional-grade staking service provider and one of the top leaders in staking volume. Globally, Luganodes’s client base stakes digital assets across 30+ proof-of-stake networks with 99.99% uptime. It is one of the top validators on the Polygon network and the super representative on the Tron network. With Luganodes, enterprises and individuals can take part in validating blockchain transactions and earning staking rewards.

About Zircuit

Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit’s unique architecture combines the best of both worlds of performance and security.

Media Contact

Tim Sprinkle, Venture Capital Marketing, 1 720-722-1266, tim@venturecapitalmarketing.com

View original content:https://www.prweb.com/releases/zircuit-closes-mainnet-funding-round-with-support-from-arcanum-capital-302222141.html

SOURCE Arcanum Capital

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

Published

on

By

AHMEDABAD, India, Dec. 26, 2024 /PRNewswire/ — AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

The AU NOMO Credit Card enables users to use their fixed deposits to secure a credit limit, offering a unique opportunity for first-time credit card applicants or individuals wanting to build their credit scores responsibly. This solution particularly benefits those with limited documentation or a lack of traditional credit history.

Key Features of the AU NOMO Credit Card

Contactless Payments: Enjoy secure and seamless tap-and-pay transactions for daily purchases.Card Liability Protection: Safeguards user against unauthorized transactions, card skimming, and online fraud with comprehensive liability coverage.Reward Points Program: User can earn reward points on retail, utility, and insurance transactions to maximize the value of their spending.Milestone Rewards: Unlock additional rewards for meeting specific quarterly spending goals.Lounge Access Benefits: Get complimentary access to domestic airport and railway lounges, subject to meeting spending criteria.Fuel Surcharge Waiver: Save on fuel transactions within a specified range with a surcharge waiver.

Eligibility Criteria

Here’s what one must know for eligibility criteria for AU NOMO credit card: 

Age: 18 to 75 yearsCitizenship: Indian ResidentFixed Deposit: Creation and maintenance of a fixed deposit with AU Small Finance Bank

The AU NOMO Credit Card (Credit Card against FD) offers an easy and seamless application process with a digital interface, making it accessible to anyone looking to leverage their savings for immediate spending power. The card promises to meet the needs of those starting their credit journey and those seeking additional flexibility in their financial dealings.

The AU NOMO Credit Card redefines the traditional approach to credit by allowing users to continue earning interest on their Fixed Deposits while enjoying the purchasing power that comes with a credit card. Whether for essential daily expenses or significant purchases, the AU NOMO Credit Card perfectly balances saving and spending, empowering individuals to achieve their financial goals without compromise.

For more information on the AU NOMO Credit Card, visit https://www.aubank.in/personal-banking/credit-cards/nomo-credit-card

About AU Small Finance Bank

AU Small Finance Bank, one of India’s leading small finance banks, is committed to transforming banking by focusing on customer-centric services and a deep understanding of the Indian market. More details on AU Small Finance Bank and its financial products like credit cards can be found online.

Logo: https://mma.prnewswire.com/media/2556252/5023474/AU_Small_Finance_Bank_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/au-nomo-credit-card-a-smart-way-to-leverage-fixed-deposits-302338324.html

Continue Reading

Technology

Treat Yourself to a New Christmas Experience by Self-Gifting viaim’s AI Recording Earbuds, Perfect for a More Pleasant and Efficient Workplace

Published

on

By

SINGAPORE, Dec. 26, 2024 /PRNewswire/ — As Christmas approaches, the concept of self-gifting has become more popular with top business executives to help them get into the holiday mood. Especially designed for the office, a gift of AI recording true wireless earbuds launched by viaim, an AI technology hardware company deeply rooted in the smart office sector, can improve work efficiency, thereby lifting the spirits and improving quality of life for busy workplace elites ahead of the busy and stressful holiday period.

The person who understands themselves best is themselves. It is in this spirit that viaim is encouraging people to give themselves some extra love and care during this holiday season because they deserve it. The Christmas self-gifting trend that has been gaining popularity in recent years sees people pay more and more attention to creating a higher quality life for themselves in their busy work lives. Especially towards the end of the year, consumers are choosing to treat themselves with practical and pleasant gifts for Christmas. Earbuds have become a solid choice for self-gifting because of their usefulness in multiple scenarios, allowing users to enjoy a quality listening experience during work meetings and holiday relaxation time.

The amazing features of the Viaim Nano+ and Viaim Air open-ear AI recording true wireless earbuds make them the perfect choice for self-gifting this Christmas

13 language transcription and real-time translation: During the Christmas holidays, many business professionals travel internationally with friends or spend the holidays with family in countries that don’t speak their native language. viaim headphones allow users to communicate with local people around the world, jumping the language barrier and making cross-border communication smoother and the journey more interactive, fun, and memorable.VIAIM AI Smart Assistant: Generate Summaries and To-Do Lists with one click to help quickly complete an annual report or New Year’s business plan, allowing the festive atmosphere to be enjoyed without missing any key points.Flash Record function: Whether it is to conceive new ideas for next year’s project or suddenly think of a perfect Christmas gift list, inspiration during the holidays is often fleeting. Long press the viaim earbuds for one-click flash recording to capture ideas as soon as the spark of inspiration comes to mind.Noise reduction and a comfortable wearing experience: High-quality 45db noise reduction can provide users with a moment of quietness at Christmas parties, and the comfortable and lightweight design is suitable for long-term wear, meaning a quiet and enjoyable listening atmosphere can be enjoyed during the holidays.

Cecile from VIAIM shared: “Christmas is the time of year to relax and be grateful. It is of course a time to give gifts and be generous to others, but we also must remember to be kind to the person that knows us best – ourselves. Through our brand vision of “work smarter, not harder,” we hope to help people find their own special holiday moments in their busy work life by using our super-efficient office earbuds, so that everyone can enjoy a more productive and enjoyable life experience. I would like to personally wish all our customers, both new and old, a peaceful, relaxing, and happy Christmas.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/treat-yourself-to-a-new-christmas-experience-by-self-gifting-viaims-ai-recording-earbuds-perfect-for-a-more-pleasant-and-efficient-workplace-302339158.html

SOURCE VIAIM

Continue Reading

Technology

Lights Up Your Creativity from Online to Offline: Wondershare Filmora’s “A New Wonder to Share” Campaign Inspires Creators Everywhere

Published

on

By

TOKYO, Dec. 26, 2024 /PRNewswire/ — Video may have killed the radio star, but the rise of the internet did not make videos obsolete. Instead, we’ve reached a digital media landscape where video content reigns supreme. We’ve also reached a point where video content is incredibly saturated, and truly “light up” amidst the noise is increasingly challenging. The key often lies in the seemingly ordinary moments around us — moments that hold the potential for extraordinary stories. A beautifully prepared meal, a stunning view, or even a fleeting smile can become the spark for captivating content.

Wondershare Filmora’s latest campaign video, “A New Wonder to Share,” embraces this philosophy, captivating Japanese audiences within mere seconds. Powered by the advanced AI capabilities of Filmora 14 and paired with heartwarming visuals, the video is extending from online platforms to offline advertisements, resonating deeply with viewers and spreading a message of creativity and connection during this festive season.

Situated in the vibrant heart of Tokyo, the Shibuya district is globally renowned as a symbol of youth culture, creativity, and innovation. As part of Filmora’s “A New Wonder to Share” campaign, the district’s iconic screen now features the campaign’s latest video, complemented by ads across the Yamanote and Yokosuka · Sōbu Lines. Through vivid storytelling and captivating visuals, the video invites audiences to embrace moments of joy, growth, and discovery. This display in Shibuya underscores Filmora’s vision of celebrating individuality and lighting up creativity on a global stage, inspiring viewers to uncover life’s unexpected surprises and share their unique stories with the world.

As part of the “A New Wonder to Share” campaign, Filmora has also launched an online video challenge. Running from December 7 to December 31, participants are invited to create 20-second videos using the latest version, Filmora 14. By sharing their creations on designated social media platforms, they stand a chance to win exciting prizes, including an iPad, digital gift cards worth 20,000 yen, and Filmora memberships.

Wondershare Filmora is committed to empowering users with cutting-edge tools and creative resources. The latest release, Filmora 14, makes it effortless to transform everyday moments into extraordinary memories. Packed with over ten innovative AI features and professional editing functions, including Smart Short Clips, Smart Scene Cut, AI Color Palette, Multi-Camera Editing, and Planar Tracking, the software enables creators of all skill levels to streamline their video production process.

A highlight of the Filmora 14 update is the Smart Short Clips feature, which revolutionizes the way creators approach video content. This AI-powered tool intelligently analyzes your footage, pinpointing the most engaging highlights and turning it into eye-catching short clips, perfect for all social media platforms. With minimal manual effort, Smart Short Clips simplifies the editing process, automatically generating polished videos. The feature also adds subtitles and designs through customizable templates to enhance both visual appeal and accessibility.

As one of Wondershare’s flagship products, Filmora continues to strengthen its presence in the Japanese consumer market through collaborations with renowned brands and creators, including Japan’s leading anime and illustration community pixiv, NetEase’s survival horror game Identity V, and YouTuber 『 Kazuki no Tane 』. At the same time, Filmora actively hosts UGC competitions, inspiring more individuals across various fields in Japan to explore the exciting world of video creation, earning widespread acclaim and love from Japanese users.

About Wondershare

Wondershare is a globally recognized software company, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified,” Wondershare offers a range of tools, including Filmora and UniConverter for video creativity; PDFelement for document management; EdrawMax, EdrawMind for diagramming; and SelfyzAI, Pixpic for image editing. With over 1.5 billion users across 200+ countries and regions, Wondershare empowers the next generation of creators with intuitive software, trendy creative resources, and a dynamic ecosystem, continually expanding the possibilities of creativity worldwide.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/lights-up-your-creativity-from-online-to-offline-wondershare-filmoras-a-new-wonder-to-share-campaign-inspires-creators-everywhere-302339167.html

SOURCE Wondershare Technology

Continue Reading

Trending