The leading liquid staking protocol on Polkadot and Kusama, Bifrost, has revealed a major upgrade to its tokenomics model. As a component of the Bifrost 2.0 initiative, the the new model will provide holders of the native token (BNC) with access to the sustainable revenues and earnings of the protocol. The goal of the
Space and Time Labs, a Microsoft M12-backed firm developing a verifiable compute layer for blockchain and artificial intelligence, has named Rika Khurdayan as its chief legal officer. The announcement was made today. Khyurdayan is a seasoned legal expert with significant experience in crypto and blockchain. Robinhood Markets, Inc. agreed to purchase Bitstamp in June, where she was
While the cryptocurrency market is experiencing a downturn, Sui (SUI) stands out with a significant performance. In the last 24 hours, SUI has soared over 20%, and its weekly gain has reached 120%. This surge comes at a time when the broader market trends are not as favorable, highlighting SUI’s
io.net and NetMind.AI have formed a strategic alliance, which is an exciting step aimed at improving Artificial Intelligence (AI) and machine learning (ML) capabilities. By combining their expertise, the two businesses will be better equipped to provide robust, cost-effective AI solutions that benefit end users on both sides. The recent collaboration between
Pitchbook data shows that the overall number of deals fell in Q2 compared to Q1. But crypto entrepreneurs still managed to obtain a little more venture capital investment than in Q1. According to a report from Pitchbook published on August 9th, total invested money increased by 2.5%, totaling $2.7B. But
Zooko Wilcox, the renowned founder of the privacy-focused cryptocurrency Zcash, has recently joined forces with Shielded Labs, a blockchain development company. Jason McGee of Shielded Labs proposed his idea of starting this independent organization to help Zcash a year ago i.e., in Jan 2023. This strategic move comes as Wilcox
Without a doubt, artificial intelligence has been the big topic of the year 2024, along with the exponential rise that NVIDIA and the big technology companies have presented. We cannot deny the impact that this will have on our modern society. However, we have not yet realised the risks of
With the involvement of top blockchain venture capitalists, Layer 2 gaming ecosystem Moonveil has announced the conclusion of a Pre-Series A fundraising round. With this, Moonveil has raised $9 million in total fundraising. Moonveil’s objective of creating a layer 2 ecosystem for web3 gaming will be supported by these fundings. Animoca Ventures,
Azarus, a streaming overlay platform, has reported that its Evo Tournament campaign saw record levels of engagement. Setting new standards for user engagement, Azarus collaborated with Twitch to run interactive overlays throughout the AT&T-sponsored event. The world’s top esports players and spectators came together for the Evolution Championship Series (Evo), which took
To revolutionize Telegram mini-games, Azur Games and Pixelverse have established a cooperation. Through the Pixelverse Telegram mini-game platform, Azur Games will release a new mobile game with Pixelverse characters as part of the partnership. The collaboration, which brings together two of the top gaming studios, will aid in the creation
