Grayscale launches new decentralized AI fund
The fund is available only for accredited investors. Its basket includes native tokens from Bittensor, Filecoin, Livepeer, Near, and Render. Go to Source
Decentralization
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Valour launches first ETP for NEAR Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market. Go to Source
Nansen partners with Aptos for dashboard after Aptos users double in six months
Aptos is among the firms aiming to ease Web3 onboarding, along with industry giants like Coinbase and MetaMask. Go to Source
How DePin Networks can decentralize law enforcement
Everything from radar arrays to acoustic networks that triangulate active shooters can be decentralized and community-owned. Go to Source
RedStone Oracles raises $15M led by Arrington Capital
The oracle solution said it amassed $4 billion in total value secured across 100 individual clients. Go to Source
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
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