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
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
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
One important economic indicator that affects everyone—individuals, companies, and politicians alike—is inflation, especially in the housing sector. For a long time, traditional measures of inflation have been used, such as the Consumer Price Index (CPI) and the Personal Consumption Expenditure Price Index (PCE). But these approaches often fail to capture
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
