Kite AI introduces AI-driven layer-1 blockchain on Avalanche
Avalanche provides a scalable and transparent foundation for AI applications, which may bolster institutional AI adoption.
Month: February 2025
Gaming and DeFi lead DApp sector as AI gains traction — DappRadar
Gaming and DeFi dominated the DApp market in January, but AI-powered applications recorded 2.2 million active wallets, signaling rapid growth in Web3 AI adoption.
Ondo Finance Unveils Layer-1 Network for Tokenized Assets
New York, NY — Ondo Finance, the second-largest tokenized Treasuries issuer, said it plans to start its own layer-1 blockchain designed for tokenized real-world assets in a bid to connect traditional capital markets with decentralized finance, the company announced on Thursday at its inaugural Ondo Summit. Ondo Chain was crafted to meet institutional compliance standards … Read more
The role of stablecoins and RWAs in DeFi: HTX Ventures report
In its latest report, HTX Ventures explores how decentralized finance is transformed by emerging crypto regulation, RWA and stablecoin adoption.
The Peloton story: everything you need to know
Peloton was a pandemic darling — one of the businesses that seemed to find its purpose as something more than a cultish fad when the world shut down. And then, everything went horribly wrong. First, the supply chain issues with monthslong delays for bikes that irked new customers. Then, a disastrous recall affected both of … Read more
Tether brings USDT stablecoin to UAE real estate market with Reelly Tech
Tether and its new partner in the UAE will offer an opportunity to use USDt to purchase real estate at 30,000 local and international property agents.
a16z stands by decision to hire Daniel Penny
Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times. The venture capital firm caused a stir earlier this week after it announced it would hire Penny, who was acquitted last year of choking a homeless man to death in the New York City … Read more
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OpenAI launches data residency in Europe
OpenAI on Thursday launched data residency in Europe, allowing European organizations to meet local data sovereignty requirements while using the AI company’s products. Data residency refers to the physical location of an organization’s data, as well as the local laws and policy requirements imposed on that data. Most tech giants and cloud providers offer European … Read more
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CoinDesk 20 Performance Update: XLM Gains 1.5% as Index Inches Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3248.93, up 0.4% (+14.12) since 4 p.m. on Wednesday. Eleven of 20 assets are trading higher. Leaders: XLM (+1.5%) and LTC (+1.3%). Laggards: APT (-1.0%) and UNI (-0.8%). The … Read more
Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security
Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network Rootstock through merge mining. Merged mining allows miners to simultaneously mine two or more cryptocurrencies that employ the same hashing algorithm without compromising the overall mining efficiency. The move injects 740 exahashes per … Read more
Metropolis World Announces Token Generation Event (TGE) for $CLAY at 3PM UTC on February 6th
London, England, 6th February 2025, GamingWire
DEX Aggregator 1inch Integrates ZKsync to Boost Cross-Chain Swaps
Decentralized exchange (DEX) aggregator 1inch Network has expanded its cross-chain swapping capabilities by integrating ZKsync, a layer-2 scaling solution for Ethereum to provide faster and cheaper transactions when moving crypto between different networks. The integration, announced via a press release shared with CoinDesk, allows its users to seamlessly execute cross-chain swaps involving ZKsync. 1inch said … Read more
Empirical Analysis of Inscriptions on Ethereum and EVM-Compatible Rollups
Table of Links Abstract and 1. Introduction 1.1 Research Questions and Contributions Related Work Background Inscriptions and ordinals 4.1 Operation Types 4.2 Comparison with NFTs and ERC-20s Data Collection Empirical Analysis and 6.1 Overall Transactions 6.2 Inscriptions Characterization 6.3 Inscription Trading 6.4 Impact on Gas Fees Discussion Conclusion and References 6 Empirical Analysis This section … Read more
Pendulum’s AI-driven platform helps enterprises better predict supply and demand
Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in … Read more
Lyft’s new AI customer assistant is powered by Anthropic’s Claude
Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for customer service inquiries for both riders and drivers. It’s the first phase of a broader collaboration between the two companies to use Anthropic’s services to research and test new Lyft products and build software internally. The … Read more
Fizz brings on TikTok alum to help build out its marketplace and recommendation engine
Fizz, the college social app, is looking for ways to enhance and expand its platform, and a recent new hire is poised to help drive these ambitions. The company has brought on David Vasquez, who previously served as TikTok’s head of creator monetization and a product lead for TikTok Shop, as Fizz’s new head of … Read more
Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale
TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital. © 2024 TechCrunch. All rights reserved. For personal use only.
Lyft is using Anthropic’s Claude AI for customer service
Lyft announced a new partnership with Anthropic to use the Claude AI assistant to handle customer service requests. Claude is already being put to use handling service inquiries from drivers, reducing the average resolution time for a request by 87 percent, the company said. In an example provided by Lyft, a driver asks the chatbot … Read more
Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout
BTC price optimism stays in place despite six-figure Bitcoin remaining out of reach.
Why Multiplayer Skill Games Need a Domain-Driven Design
Skill game development presents a unique set of challenges—the games are generally a mix of stateful systems and stateless systems. There are also aspects of the system that do not fit into either of the two major modern software architecture paradigms: service-oriented architectures (SOA) and command query responsibility segregation (CQRS). Neither of these architectures supports … Read more
Microsoft is bringing major MIDI improvements to Windows 11
MIDI 2.0 is now available for musicians to test on Windows. Windows 11 is rolling out the biggest update to MIDI since the musical communication format was first released in 1983. Microsoft announced that its latest Windows 11 Canary test build includes a public preview of Windows MIDI Services, which supports MIDI 2.0 and updates … Read more
You can now use ChatGPT web search without logging in
In a move that could make OpenAI’s chatbot a more appealing option over incumbents such as Google, the company is now allowing anyone use ChatGPT web search without having to log in. While OpenAI had previously allowed users to ask ChatGPT questions without signing in, responses were restricted to the chatbot’s last training update. Then … Read more