Sentient closes $85M seed round for open-source AI
The round was led by Peter Thiel’s Founders Fund alongside Pantera Capital, Framework Ventures and others. Go to Source
Decentralization
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Blockchain: A New Battleground in Age-Old Tussle Between Privacy Advocates and Data-Hungry Governments, Says Colored Coins Founder
Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic need to transact, Mizrahi emphasizes that establishing consensus among nodes should not be the sole goal. … Read more
Corporate AI could undermine Web3 and decentralization — Industry observers
Artificial intelligence could deliver a fatal blow to the dream of Web3. Go to Source
Full decentralization will happen in a few years — Layer-2 rollup teams
Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon. Go to Source
HectorDAO files for Chapter 15 bankruptcy in the US
The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses. Go to Source
AI computing protocol attracts $158M within a week after ‘fair launch’
Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave’s founder. Go to Source
Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency. Go to Source
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Go to Source
PancakeSwap integrates Zyfi for gas-free DeFi trading
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges. Go to Source
Perpetual futures on Telegram: Storm Trade joins Cointelegraph Accelerator
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program. Go to Source
