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Tether cryptocurrency is moving towards decentralized AI
29.3.2024
Tether plays a leading role in crypto as the issuer of USDT, a stablecoin synced to the US dollar and one of the most used stablecoins. By filling this role, Tether facilitates smooth dealings, which ensures a hassle-free transition from conventional fiat currencies to the crypto sector, which...
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
The Enablers of Decentralized AI
27.3.2024
AI naturally evolves as an increasingly centralized technology, and any decentralization efforts are an uphill battle. But decentralization can win in specific areas of AI development, says Jesus Rodriguez, CEO of IntoTheBlock
ceτi AI Announces Partnership Innovation Fund to Accelerate Innovation in Decentralized AI
27.3.2024
PRESS RELEASE. Vancouver, March 27th, 2024 – In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed...
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
27.3.2024
The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech
Breaking: Fetch.ai, SingularityNET and Ocean Protocol Discussing Possible Merger to Form ASI Token
27.3.2024
SingularityNET, Fetch.ai, and Ocean Protocol are reportedly engaged in discussions regarding a potential merger of their crypto tokens to establish a decentralized AI platform and foster collaboration among the three companies.
The post Breaking: Fetch.ai, SingularityNET and Ocean Protocol...
Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu
27.3.2024
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social...
Filecoin’s Fluence project: AI and Decentralized computing unite
26.3.2024
Filecoin recently introduced the Fluence Project. It has marked a pivotal moment, for it brings together artificial intelligence and decentralized computing mechanisms. The community is now looking forward to leveraging its best since it is a better alternative to centralized services. The Fluence...
Panasonic Partners With Binance-listed Jasmy Altcoin, Sparking Token Price Surge
26.3.2024
Panasonic and JasmyCoin collaboration aims to create a Web3-based platform that connects decentralized database to the IoT.
The post Panasonic Partners With Binance-listed Jasmy Altcoin, Sparking Token Price Surge appeared first on Cryptonews
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
25.3.2024
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries...
Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield
25.3.2024
Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail...
Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’
24.3.2024
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant...
SolMail and DSCVR collaborate to boost decentralized social networking
22.3.2024
Two pioneering organizations in the decentralized realm have formed a collaboration, marking a significant development in the digital sector. Through this collaboration, SolMail and DSCVR, a pioneer in decentralized social networking platforms with an established community and an innovative digital...
Yield Guild Games Launches Token on Ronin Network Reaching More Gamers
22.3.2024
Decentralized gaming startup Yield Guild Games (YGG) has announced it has launched the YGG token on the Ronin network, expanding to the Web3 gaming community.
The post Yield Guild Games Launches Token on Ronin Network Reaching More Gamers appeared first on Cryptonews
Centralization Aids Web3 When Leveraged to Hasten Development of Dapps, Says James Bayly
21.3.2024
Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers...
Hot New AI Meme Coin $SCOTTY Rises 150% Just 1 Hour After Launch
21.3.2024
Newcomer AI-integrated security token and endearing meme coin $Scotty The AI launched on decentralized exchange Uniswap this morning and already it is posting eye-popping returns. $SCOTTY hit the DEX at a price of $0.01 a token. It currently changes hands for $0.02597, according to data...
Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight
19.3.2024
On Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial...
Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects
19.3.2024
Andrew Tate earned a staggering $85 million during the last bull run by investing in decentralized exchange PancakeSwap.
The post Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects appeared first on Cryptonews
Sellout Meme Coin Scotty the AI ($SCOTTY) Launches on DEX, Thursday March 21st 10am UTC
18.3.2024
Monday, March 18th, 2024 – AI memes coin Scotty the AI is the most eagerly awaited listing of the week – it launches on Uniswap decentralized exchange on Thursday March 21st at 10am UTC. The latest addition to the cryptoworld of tokens, Scotty the AI ($SCOTTY) raised $10.8 million in two weeks,...
Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion
18.3.2024
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over...