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Two new projects will be launched by Fully Homomorphic Encryption (FHE) Layer 2 Fhenix to hasten the adoption of its expanding ecosystem as per the latest announcement. For developers and projects interested in using Fhenix L2, twin grant and bounty programs have been established to provide incentives and assistance. To encourage researchers to
Blockchain technology has begun to see extensive incorporation in several fields over the past months. With increasing awareness of cryptocurrency and blockchain technology, other sectors are identifying ways of integration. Recently, Singapore-based DBS bank launched the pilot of its blockchain-based government grants. Notably, the bank has immersed itself in blockchain
YeagerAI has announced the successful completion of a $7.5 million seed round for its GenLayer, an AI-powered Intelligent Blockchain, which was headed by North Island Ventures. World-class web3 venture capital firms, such as Arrington Capital, Node Capital, Samara AG, DCF Capital, WAGMI Ventures, Magnus Capital, MH Ventures, BlockBuilders, TykheBlock, ZK Ventures,
Space and Tokens will leverage Space and Time’s (SxT) verifiable on-chain data to help developers improve tokenomics simulation. Space and Time Labs (SxT), the verifiable compute layer for AI x blockchain that joins tamperproof on-chain and off-chain data, announced the addition of Cenit Finance to its product suite. Following the
Decentralized compute network io.net and Chainbase, the AI-specialized omnichain data network, have established a strategic alliance. The two are currently exploring a number of synergies as they work toward the same goals of developing decentralized AI and data stacks and enhancing AI modeling. The distributed network of io.net, dubbed the Internet
Layer 3 Orbs has announced that its dLIMIT and DCA protocols have been integrated into the market-leading multi-chain DEX Sushi. With the advent of these twin technologies, Sushi users will have access to robust tools that improve their trading encounter. Users may now access sophisticated order types, such as the option to
Tether, the issuer of the largest stablecoin, announced via its official website through a press release that it will soon launch USDT on the Aptos Blockchain. Aptos as a Proof of Stake network, has processed more than 1 billion transactions. This collaboration is said to make digital currency more accessible
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
Japan’s Ministry of Economy, Trade and Industry (METI) has taken a bold step towards the future by launching a pilot program. It focused on promoting the adoption of digital public goods through Web3 and blockchain technology. This initiative involves major players such as PricewaterCoopers(PwC), Rakuten, and NTT Digital; moreover, it
Orderly Network, a web3 liquidity provider, has secured $5 million in strategic funding. A release was shared with The Block, which states that the new funding was engaged in by OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. In an effort to address the liquidity issues
