Jupiter (#JUP) has recently unveiled a series of impactful updates at an event dubbed 'Catstanbul,' named after its location and founder 'Meow.' They introduced a revamped 'V2' version of their platform, now in beta, featuring a real-time slippage estimator, an ultra mode for enhanced transaction efficiency, and smart trigger orders. The Ultra Mode promises to be "10x cheaper, 10x better" than its rivals, bolstered by a new security feature, "Jupiter Shield," to safeguard user assets. Additionally, Jupiter is developing 'Jupnet,' an omnichain network in testnet phase, aiming to consolidate various blockchains into one synchronized ledger, with a public beta expected soon. In expansion moves, Jupiter acquired a controlling interest in the memecoin platform Moonshot and launched a $10 million 'Magic Fund' with Eliza Labs to boost open-source AI initiatives.