In a major step toward fusing decentralized finance (DeFi) with conventional financial markets, MANTRA recently announced the launch of its Hongbai Incentivized Testnet. Following the success of MANTRA Chain’s testnet phase one, the Hongbai Testnet was introduced. For around 100,000 anxiously expecting participants, it now opens the floodgates, allowing them to
NexeraID, a leading provider of blockchain-based digital identification solutions, is pleased to have joined the International Association for Trusted Blockchain Applications (INATBA). With a particular emphasis on digital identification via involvement in the identity Working Group, this membership reaffirms NexeraID’s dedication to advancing the global push on blockchain innovation. Propelling Advancements in
In a recent announcement, GAM3S.GG—a web3 gaming onboarding and news platform with the goal of attracting 100 million players to web3—and Immutable—the leading web3 gaming platform—formed a strategic partnership. This partnership will grant GAM3S.GG users access to important Immutable features and introduce millions of players to the Immutable ecosystem through
io.net, a decentralized computing expert, and KREA, an AI image and video platform, have partnered in a noteworthy partnership for AI-powered multimedia creation. With this collaboration, KREA will be able to provide computational capabilities for its AI projects to a wider range of clients, including industry heavyweights like Nike (NYSE:NKE),
The announcement of Project Agorá’s commencement was made by the Bank for International Settlements (BIS). The goal of this collaborative effort between private financial companies and seven national banks—the UK, Japan, South Korea, Mexico, Switzerland, and Europe—is to investigate the possibility of combining central bank funds with tokenized deposits from
A total of $10 million in cumulative investment has been successfully secured by Web3 gaming platform Gomble Games, a spinoff of the well-known game studio “111%,” with participation from prominent worldwide venture capital firms like Spartan, Hashed, Shima Capital, Animoca Brands, Altos Ventures, IOSG Ventures, Foresight Ventures, BigBrain Holdings, and
A strategic alliance has been announced by GPU network that is decentralized io.net and Allora, a self-improving decentralized AI network. One of the best platforms for ML developers to quickly build scalable GPU clusters for AI model training and inference is Io.net. Moreover, io.net improves the computational efficiency and model accuracy
Leading generative digital media developer droppGroup is thrilled to announce an extension of its current partnership with UC Berkeley, which is housed under the latter’s Launchpad organization. Through the collaboration, a benchmarking framework for droppGroup’s cutting-edge generative media intelligence (GMI) system—which creates multimedia content created by artificial intelligence (AI)—including 3D
Leading on-chain credit marketplace Clearpool is excited to announce the debut of Credit Vaults, a unique offering backed by real world assets (RWAs), as part of its expansion into Avalanche. Credit Vaults provide steadier rates and stickier liquidity to accommodate the flood of new on-chain borrowers, including fintech and payment
Paper Ventures and Maven11 spearheaded mysterious blockchain Sophon’s successful $10 million fundraising campaign. Notable companies like Spartan, SevenX, OKX Ventures, and Huobi Ventures contributed to the investment round. The specifics of what Sophon involves are still mostly unclear, having only been mentioned in a small number of tweets so far. The
