Offchain Labs, the company behind Arbitrum, has acquired smart account infrastructure provider ZeroDev in a move that signals its ambitions beyond scaling infrastructure. The deal, which brings ZeroDev’s five-person team fully into Offchain Labs, represents what CEO Steven Goldfeder calls “a very logical next iteration” of the company’s mission. Founded in 2018, Offchain Labs initially
Sentient, a New York-based artificial intelligence company, has introduced The GRID, an open-source network designed for building and monetizing artificial general intelligence (AGI) systems. The company says the platform is aimed at providing a decentralized alternative to closed AI marketplaces from firms such as OpenAI. Developers can plug in their AI agents, models, or tools
Animoca Brands’ flagship project, Moca Network, has formed a strategic partnership with Türkiye-based digital gaming marketplace Oyunfor, with the goal of building the world’s largest decentralized, off-chain digital identity network. Moca Network and Oyunfor Collaborate to Bring Digital Identity to Millions of Turkish Gamers As part of this collaboration, Moca Network’s AIR Kit software development
CMB International (CMBI), a major Asia-based asset manager under the Chinese bank Merchants paper. CMBI has made its HK-Singapore Mutual Recognition Fund tokenizable at the Solana blockchain. DigiFT and OnChain launched the tokenised unit (CMBMINT) with distribution and technical assistance. CMB International (CMBI): Asset manager with blockchain rails incorporated in the distribution of funds and
Solana Seeker, the second generation of Solana Mobile’s crypto smartphone, has started shipping worldwide, and so far, pre-order customers who have received their devices are using words like “good,” “sleek design,” and “impressive” to describe the usage experience. At its core, Seeker is designed to enable access to crypto and Web3 on the go, whether
The Web3 world continues to struggle with big obstacles such as disconnected on-chain networks, liquidity shortages, and sophisticated wallet capital management. These hurdles discourage mass adoption by making users’ engagement with Web3 applications complicated. AILayer, an AI-powered Bitcoin Layer-2 network, today disclosed a strategic collaboration with 0XTrikon, a chain abstraction layer that is dedicated to
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Corporate blockchains have never looked so good. In rapid succession, news broke that both payments giant Stripe and stablecoin darling Circle would be building their own layer-1 blockchains. While major companies coming onchain theoretically poses a competitive threat to all existing L1s,
Self Chain, a prominent platform offering secure and robust Web3 infrastructure, has announced its exclusive partnership with Nebulai, a leading open compute ecosystem and marketplace for decentralized AI agents. The collaboration aims to advance the accessibility of the decentralized AI network. Hence, as Self Chain mentioned in its announcement on X, the joint effort will
AI protocol Qubic said it had taken control of Monero after a 51% attack on the privacy blockchain, potentially allowing the protocol’s mining pool to manipulate transactions data and other information—although security experts cast doubt on the event’s success. The group said its “experiment” was successful and done to “help” the network protect itself against
The projects with the most active users on a weekly basis in the cryptocurrency ecosystem have been announced. Near Protocol (NEAR) topped the list with 16 million active users, followed by Solana (SOL) with 14.8 million users and BNB Chain (BNB) with 14.5 million users. Weekly active user numbers and changes in active user numbers