On December 29th, Copper, an institutional digital asset infrastructure provider, expanded its business to Liechtenstein and launched custody services. The move follows registration with the Token and TT Service Providers Act (TVTG) issued by the Liechtenstein financial marekt Authority (FMA).
On November 26th, the Move Language Infrastructure Movement Network Foundation announced the token economics of its token MOVE. The total supply of MOVE tokens is 10 billion, the initial circulation is about 22%, and 60% of the total will be allocated to the community, including the ecosystem and community, the foundation, and the initial claim. The specific allocation is as follows: Ecosystems and communities: 40% · Initial claim: 10% Foundation: 10% Early contributors: 17.5% Early stage inves...
Web3 game infrastructure Alliance Games completed a $5 million Series A financing round led by Animoca Brands and Asymm Ventures, with participation from The Spartan Group, Dialectic, Kyros Ventures, Coin98 Ventures and investors Loi Luu and Sebastien. Together with its previous seed round financing, Alliance Games' total financing reached $8 million.
According to ABC News, Israel has not launched strikes against Iran's nuclear facilities or oil fields, but has instead focused on military targets.
Decentralized infrastructure PinGo Lab announced the completion of a seed round of financing, with CGV FOF, K24 Fund, Catcher VC, and Landscape Capital participating. The specific amount has not been disclosed yet. The new funds are intended to accelerate the development of its DePIN network in the TON ecosystem. It is reported that PinGo will also enter the field of artificial intelligence-generated content (AIGC) and expand to NFT.
On October 5th, Yemen's Houthi-controlled Masirah TV reported on the 4th that US and British warplanes launched four attacks on Yemen's capital Sanaa on the same day, targeting military maintenance facilities in the city center.
AI infrastructure company PIN AI completes $10 million pre-seed round, a16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), Illia Polosukhin (founder of NEAR Protocol), Anagram/Lily Liu (chairperson of SOL Foundation), Symbolic Capital (co-founder of Polygon), Evan Cheng (CEO of Mysten Labs/SUI), dcbuilder (Worldcoin Foundation), Foresight Ventures (parent company of Block), Nomad Capital, Tim Shi (co-founder of Cresta), Ben Fisch (CEO of Espresso), Scott M.
UniSat announced that its Fractal infrastructure maintenance is complete, and the Fractal testnet's wallet, browser, crediting service, and OpenAPI service are now fully back up and running. Since the activation of Fractal testnet Ordinals on August 19, testnet activity has surged, generating around 102 million inscriptions in just 11 days.
Web3 payment infrastructure provider Transak has partnered with Soneium, an Ethereum Layer 2 developed by Sony Block Solutions Labs, to provide mainstream users with access to new blockchain projects and global fiat currency access services.
On August 21st, RISC Zero, a blockchain infrastructure provider, announced on X that it has launched the Solana testnet. It is committed to unlocking unlimited execution capabilities for Solana, enabling developers to actually build anything on the chain. According to reports, RISC Zero plans to bring ZK changes to Solana, including: ZKSolana light client side; Compressed DePIN network; Secure ZK login; This empowers developers and reduces centralization.
On August 2nd, on-chain infrastructure providers Ankr and Asphere have partnered with Destra Network, a DePIN protocol, to build an Arbitrum Orbit-based testnet and mainnet to accelerate the latter's marketization process. The partnership will build a DePIN environment for Web3 projects built on the network. Asphere helps the Destra team by creating a custom architecture for L2, which will be built on top of Arbitrum Orbit-based Rollup and implement chain mechanisms such as synchronous proof con...
On July 20th, the blockchain liquidity infrastructure project Sumer.money complete the integration of Ethena assets. Sumer's efficient risk engine allows users to use USDe, sUSDe and PT-sUSDe as collateral on Ethereum, automatically adapting different collateral rates to different related assets to borrow and/or generate synthetic assets, maximizing capital efficiency without increasing risk. Sumer will also power the high-performance EVM L1 with its unique Supernova core. This technology stack ...
Biconomy, a Web3 developer and trading infrastructure platform, said in a post on the X platform that the platform handled 55,000 transactions per day in the first half of 2024.
The PE (private equity) giant has begun working with bitcoin miners on AI facilities. Adam Sullivan, CEO of Core Scientific, said the company has received several financings and partnerships from top PE firms since the announcement of the CoreWeave artificial intelligence infrastructure deal. PE firms are chasing data center businesses with artificial intelligence-related computing power and see existing infrastructure for bitcoin miners as an attractive option.
Web3 payment infrastructure provider Transak has announced a partnership with Uniswap Labs to offer fiat deposits to Uniswap Wallet.