Aethir launches $100M fund to accelerate AI, gaming innovation
Aethir’s new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access. Go to Source
DePIN
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Decentralized physical infrastructure network (DePIN), explained
Discover how DePINs work: DePINs allow the sharing of physical resources like data storage and connectivity without intermediaries. Go to Source
Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by peaq, the Solana Foundation, Jump Crypto, and IoTeX. The DePIN market is expected to reach $3.5 trillion by 2028. Go to Source
Lufthansa, Deutsche Telekom launch DePIN blockchain nodes
Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption. Go to Source
DePIN to be ‘crypto’s next big use case’ — MV Global
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology. Go to Source
Sui blockchain taps radio waves to bank the offline unbanked
Sui blockchain innovates with alternative methods, like radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access. Go to Source
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining, … Read more
AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details
Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the distribution of its token rewards, but that weighted epoch network participation would be … Read more
VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge. Go to Source
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 … Read more
