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Leading provider of Web3 infrastructure, Validation Cloud, has announced the closing of its first $5.8 million external fundraising round, headed by San Francisco-based Cadenza Ventures. A worldwide syndicate of renowned companies, including Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital, also participated in the
Decentralized AI network Ritual and decentralized GPU network io.net have announced a strategic alliance. By using and enhancing the synergies already present between the two platforms, the innovative partnership seeks to significantly disrupt the AI computing industry. io.net offers architecture and infrastructure for establishing decentralized GPU clusters distributed across different
On Hedera, an open source public network governed by leading international organizations, the whole catalog of Pyth Price Feeds is now accessible. Through this collaboration with the HBAR Foundation, over 400 Pyth Price Feeds have been launched on Hedera. Moreover, Hedera developers now have permissionless access to real-time pricing data for
In a significant milestone, a new consensus protocol, BEEFY, has been activated on Polkadot’s canary network Kusama. This will allow for the blockchain to be verified seamlessly on Ethereum and other networks that are compatible with the EVM. For Kusama, the BEEFY protocol is revolutionary because it makes it possible to easily verify
Friendzone, a Web3 platform that redefines Social Finance (SocialFi) on the blockchain and is scalable and sustainable, has made its official debut on the Polygon Proof-of-Stake network. The Social Capital Marketplace launch marks the first of Friendzone’s many significant turning points in its goal to top the social media dApp
Leading experts in Decentralized AI, including Vitalik Buterin, Sandeep Nailwal, Illia Polosukhin, and Sreeram Kannan, will be present at the Decentralized AGI Summit, which is being coordinated by Sentient and Symbolic Capital. FEBRUARY 19TH, 2023 NEW YORK There is increasing worry that centralized artificial intelligence (AI) controlled by a small
For an unknown amount, Magic Square, a web3 app store that is backed by Binance Labs and other investors, purchased TruePNL, a token launch platform. Andrey Nayman, founder and CEO of Magic Square, stated: “The acquisition was financed entirely with cash. As part of the deal, Magic Square has acquired TruePNL’s
Polkadot has granted Dedicated liquid staking middleware Bifrost a 500,000 DOT treasury loan, the company stated. The one-year loan is meant to support the adoption, utilities, and use cases of the asset across DeFi dApps within the Polkadot ecosystem, including Substrate and EVM parachains. It was made possible after the Bifrost
Jeff Zirlin, co-founder of Axie Infinity’s Ronin Network, disclosed that his personal wallets on the Ronin chain fell victim to a hack, resulting in the loss of approximately $9.5 million worth of Ethereum. The compromised funds were swiftly transferred to Tornado Cash, an anonymizing service, making it challenging to trace
One of the most renowned and creative football clubs in the world, Paris Saint-Germain (PSG), is strengthening its connection with Socios.com, PSG’s official Fan Token partner, and its involvement in the Chiliz blockchain. As part of this collaboration, the club will actively participate in the Chiliz Chain as an official blockchain
