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Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT
27.5.2024
On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment.
The post Elon Musk’s...
Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens
24.5.2024
The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
23.5.2024
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
23.5.2024
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains
Protocol Village: HAQQ-evmOS Integration Enables Cross-Chain With Cosmos, Ethereum
23.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see you there!
The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears
22.5.2024
There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
22.5.2024
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack
Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
21.5.2024
The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
21.5.2024
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
19.5.2024
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital...
Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes
17.5.2024
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes
US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth
16.5.2024
Four senators from different political parties are calling on Congress to act decisively and boldly on May 15 in order to ensure American leadership in the field of artificial intelligence (AI).
The post US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth appeared first...
How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
16.5.2024
First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment
Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
16.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22
The Protocol: Lido Backers vs EigenLayer
15.5.2024
In this week's issue, we've got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
15.5.2024
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected
Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
15.5.2024
The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
14.5.2024
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers