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Tory Green has been named CEO of io.net, a pioneer in Decentralized Physical Infrastructure Networks (DePIN). Stepping up from his COO position with io.net, Tory succeeds the departing Ahmad Shadid and will now guide the firm as it grows its Internet of GPUs. Tory Green brings more than two decades
The first layer-2 ZK chain other than ZKsync Era, Cronos zkEVM, has gone live on mainnet, according to an announcement by Cronos Labs. More than 20 launch partners, including Cronos Labs, Matter Labs (one of the contributors of ZKsync), Crypto.com, VVS Finance, Fulcrom Finance, and Veno Finance, have joined together to launch the
Lumia is excited to share the details of their strategic funding round, which they have successfully completed coinciding with the sale of more than 25,000 nodes. Lumia is making great strides towards its goal of disrupting the blockchain industry for RWAs and DeFi with this development. Laser Digital, Nomura’s digital asset arm,
Decentralized protocol Matrix.One accelerating the development of human-like AI characters is proud to announce that their flagship product, Avatar.One, has over 120,000 active users every month since its launch earlier this year. Many of these users spend more than three hours chatting with their personalized AI companions. Avatar.One, which is based on
HyperCycle, an artificial intelligence firm, has announced RingOfRings, a partnership aimed at improving digital asset management. The initiative’s goal is to increase nascent crypto projects’ credibility and trust by showcasing their dedication to putting strong security standards in place. RingOfRings, which were unveiled on August 14 at the Blockchain Futurist
In 2024, the cryptocurrency landscape is on a remarkable upward trajectory, with the market expected to value approximately $5 trillion by next year. With over 560 million crypto users worldwide, effective asset management has never been more crucial. Moreover, maximizing cryptocurrency assets is no longer just a dream but a
Decentralized exchange dYdX is preparing for a significant upgrade this fall, dubbed dYdX Unlimited, which promises to reshape the platform by allowing users to list an unlimited number of markets. This new feature removes the need for governance approval when listing a new market, greatly enhancing flexibility and accessibility on
A pioneer in asset tokenization, Backed today announced a ground-breaking collaboration with Latin America’s eNor Securities, a regulated investment exchange and marketplace for tokenized assets. With this partnership, a significant milestone will be reached as retail investors in the rapidly expanding LATAM market will have access to Backed’s tokenized securities, also
Aurora Labs revealed the release of Bitcoin Light Client and Relayer, which connects the Bitcoin network to the NEAR protocol for the first time. The integration increases web3 compatibility and opens the door for new DeFi use cases. On the NEAR network, Aurora Labs’ Bitcoin Light Client functions as a
DBS Bank, Singapore’s largest bank by assets, initiated a pilot project for its new “DBS Treasury Tokens” collaborating with Ant International, a global fintech of Alibaba’s Ant Group. This initiative aims to revolutionize treasury and liquidity management for multinational corporations. The DBS Treasury Tokens, which operate on DBS’s permissioned blockchain,
