The first foundational AI Layer 1 blockchain has been launched on Avalanche, as per the announcement by Kite AI, a provider of decentralized AI infrastructure. With this testnet launch, a purpose-built environment is presented where data, models, and AI tools may function in a transparent and decentralized ecosystem. An AI-optimized blockchain for Developers and Institutions
In announcing the results of its Devnet benchmarking tests, Somnia, the Layer-1 blockchain designed for high-demand consumer apps, reaffirmed its goal to establish new benchmarks for blockchain efficiency and scalability. Somnia showed remarkable capabilities by processing up to 1.05 million ERC-20 token transfers per second (tps) in a test setting that mimics
An end-to-end solution for tokenizing and fractionalizing real-world assets (RWAs), Fraktion has raised €1.1 million in its seed funding round from prominent business angels like Olivier Huby (ex-MFEX), Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion), as well as strategic investors like Cabrit Capital, Tezos Foundation, and Vox Capital. Midway through the year
The support that leading decentralized exchange PancakeSwap provides for Orbs-powered protocols dLIMIT and dTWAP has been extended to include Arbitrum, Linea, and Base. With this new development, PancakeSwap’s advanced trading features are expanded beyond the BNB Chain deployment that is already in place. As a result, it now provides better order execution
To speed up the development of AI apps and agents like DeFAI agents and other high-performance dApps on 0G, the 0G Foundation, the organization in charge of the leading decentralized AI network, has started a significant ecosystem growth program. $88.88 million has been set aside to support the creation of autonomous AIs that
World Mobile, the first global mobile network driven by a sharing economy and blockchain technology, has partnered with DITO CME, the holding company of Dito Telecom, one of the fastest-growing mobile network operators in the Philippines with more than 13 million users. Through blockchain integration, this strategic partnership with DITO
With the announcement of Blocksquare SARL’s establishment in Luxembourg, Blocksquare became the first platform to directly integrate with land registries via notarized agreements for tokenizing real estate assets in accordance with EU legislation. Blocksquare’s Notarized Real Estate Tokenization Framework, a legal framework that allows property owners to tokenize economic rights
At UC Berkeley, Flare will collaborate with Google Cloud to host a Verifiable AI Hackathon. Through the course of this event, it will look into the ways in which verifiable offchain compute can revolutionize Web3 apps, especially for data and compute-intensive use cases like artificial intelligence. Participants will compete for a prize pool of $100,000.
A two-stage partnership was announced today by HyperCycle, a leading infrastructure company that uses Network Node Factories to enable the internet of AI, and TGC, an early-stage company that will introduce a gaming accelerator product in the spring of 2025. TGC is set to transform gaming accessibility after obtaining $7.5 million
In order to allow their core developers to create transformational decentralized applications (dApps) that are capable of driving end-user adoption, EigenLayer, the Ethereum restaking protocol, is collaborating with Cartesi, a powerful modular blockchain protocol that provides builders with a complete Linux environment and high speed rollups. Cartesi’s Linux-powered Coprocessor and EigenLayer’s
