Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $ 100 billion mark, hitting a low of $ 86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $ …
Total Liquidity Pledge to HTX DAO Hits $42.5M After 2nd Round – Bolstering Decentralized Ecosystem
PRESS RELEASE. HTX DAO has announced its receipt of the second Ecosystem Liquidity Pledge took place on July 16, 2024. Through this pledge, 80,223,880 TRX and 9,631,105,301,954.7 $ HTX (worth 21,500,000 USDT) have been allocated to SUN.io to enhance liquidity and all LP tokens have been credited to a zero address. As of press, …
Grayscale Launches Decentralized Crypto AI Fund for Accredited Investors
Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, aimed at providing exposure to blockchain-based artificial intelligence (AI) protocols. The fund, available to accredited investors, includes a basket of decentralized AI crypto protocols, rebalanced quarterly. Grayscale Introduces a Crypto AI Exchange-Traded Product The Grayscale Decentralized AI Fund is designed to offer accredited […]
Open Source Tools Levels Playing Field for Smaller AI Firms Says Decentralized AI Proponent
To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez. Fernandez, a proponent of decentralized AI and also the European representative of Qubic Ecosystem, emphasizes that AI firms should consider anonymizing […]
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the […]