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RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M

[Jul 2, 2024 8:00 AM] The fresh round of capital will go towards hiring new team members, according to a press release.

South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028

[Jun 30, 2024 2:30 PM] The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul.

Zambia Working on Establishing an AI Framework, Says Minister

[Jun 30, 2024 1:39 AM] Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for…

OpenAI inks deal with Time while facing added lawsuit from news nonprofit

[Jun 27, 2024 2:33 PM] The nonprofit suing OpenAI produces the Mother Jones and Reveal news websites.

Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report

[Jun 27, 2024 11:23 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.

MegaLabs, Behind the 'Real-Time' Blockchain, Raises $20M, Led By Dragonfly

[Jun 27, 2024 10:00 AM] The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.

Corporate AI could undermine Web3 and decentralization — Industry observers

[Jun 27, 2024 7:17 AM] Artificial intelligence could deliver a fatal blow to the dream of Web3.

Tezos, Smart-Contract Blockchain of ICO Fame, Reveals Roadmap to Rejuvenate

[Jun 27, 2024 5:00 AM] The decade-old blockchain's development plan, which goes out through 2026, calls for splitting off transaction execution into a separate "canonical rollup" that would support multiple programming languages.

The Protocol: Blast's $3B Airdrop and Bitcoin's Mt. Gox Moment

[Jun 26, 2024 12:50 PM] In this week's issue of CoinDesk's weekly blockchain tech newsletter, we're covering $100 million of fundraisings, project updates from Solana and other teams, complaints over LayerZero's "pay-to-claim" airdrop and nervousness surrounding the Mt…

ORA raises $20M in funding for tokenizing AI models

[Jun 26, 2024 11:45 AM] ORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure.

Ora, Aiming to 'Unlock Design Space for AI Dapps,' Raises $20M

[Jun 26, 2024 9:00 AM] The project, founded in 2022, says it aims to incorporate AI into decentralized applications with its "on-chain AI oracle."

Cardano Unfazed by Failed DDoS Attack Targeting Staked ADA

[Jun 26, 2024 12:17 AM] No downtime was observed as a Cardano developer managed to attack the attacker and take back some funds.

Solana Adds 'Blinks' and 'Actions' So Users Can Trade Crypto On Their Favorite Social Apps

[Jun 25, 2024 11:16 AM] The epicenter of the latest "meme coin" hype, Solana is introducing new tools designed to make crypto trading more accessible.

ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer

[Jun 25, 2024 1:00 AM] This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

[Jun 24, 2024 8:20 AM] The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.

Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge

[Jun 21, 2024 7:00 AM] Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

Protocol Village: Farworld, Building Gaming on Farcaster, Raises $1.75M

[Jun 20, 2024 11:56 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.

The Protocol

[Jun 19, 2024 11:56 AM] In this week's abbreviated issue of The Protocol, we're chronicling the apparent doxing of 'Pharma Bro' Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC's apparent retreat on probing the Ethereum…

Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

[Jun 19, 2024 7:00 AM] The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains."

Sonic, Gaming-Focused Layer-2 Chain on Solana, Raises $12M

[Jun 18, 2024 7:00 AM]

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

[Jun 18, 2024 6:00 AM] Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’

[Jun 17, 2024 7:52 PM] Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El…

ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $900M

[Jun 17, 2024 10:24 AM] The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.

Bitcoin bank proposal gains momentum in El Salvador

[Jun 14, 2024 6:45 PM] The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin.

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says

[Jun 14, 2024 6:39 AM] Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens

[Jun 13, 2024 2:53 PM] The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter

Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Car Cheating

[Jun 13, 2024 8:47 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

The Protocol: How Optimism Filled in Its Missing Tooth

[Jun 12, 2024 12:18 PM] In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.

MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation

[Jun 12, 2024 4:00 AM] The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.

Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

[Jun 11, 2024 8:00 AM] The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.