The idea that Layer 1 blockspace has become a commodity may be premature, according to Bitwise CIO Matt Hougan, who argues that institutional behavior tells a very different story. Hougan pushed back on what he described as an “increasing view in crypto that L1 blockspace is a commodity. Institutional Capital Clusters on Top-Tier Chains as
Infiblue World, a well-known Web3 on-chain data infrastructure entity, has collaborated with FLUX, an AI-led MEV execution engine. The partnership attempts to develop intuitive infrastructure to improve efficiency, profitability, and automation in on-chain trading settings. As Infiblue World revealed in its official X announcement, the development combines MEV execution capabilities and AI analytics. Hence, the
Balaji Srinivasan, former Coinbase CTO and The Network State author, says cryptocurrency was built to create a “code-based order” as traditional institutions falter, framing blockchain as the backbone of a new global system. Crypto as Global Lifeboat? Balaji Srinivasan Makes the Case on X The Silicon Valley entrepreneur and investor laid out his case in
At this year’s ETHDenver, Sonic Labs pulled the curtain back on something that could quietly reshape how people approach Web3 development. The team introduced Spawn, a new AI-powered platform that lets users create and deploy full decentralized applications simply by describing what they want in plain English. No Solidity. No deployment headaches. No piecing together
Rax Finance, a compute RWA layer for AI Finance, today announced a strategic partnership with ENI, a high-performance Layer-1 blockchain with scalability, flexibility, and efficient infrastructure. This alliance brings together the two cutting-edge platforms in the RWA and blockchain landscapes, seeking to redefine the manner in which physical asset tokenization and Web3 utilities intersect. ENI
The intersection of Artificial Intelligence (AI) and blockchain technology is rapidly becoming a new frontier for the digital economy. However, the increasing prevalence of decentralized artificial intelligence platforms creates a high level of complexity surrounding the smart contracts that lie under these platforms; this high level of complexity creates a correspondingly high level of risk
BNP Paribas Ushers in Era of Tokenization for Money Market Funds In a bold move, BNP Paribas Asset Management has launched a tokenized share class for a French money market fund on public blockchain infrastructure. This step marks a key advancement in using like Ethereum for real-world finance. The project uses a permissioned access model
Blockchain financial service provider Tempo has unveiled its integration of compliance controls directly within its core network infrastructure. By embedding these compliance mechanisms, the company is setting its sights on providing reliable solutions to regulated financial entities and stablecoin issuers. This latest advancement aligns with Tempo’s dedication to adhering to global regulatory standards, as seen
Pundi AI, a popular decentralized AI data infrastructure platform, has partnered with LF Wallet, a multi-chain, non-custodial Web3 wallet. The partnership is set to make crypto wallets intuitive access points to benefit AI agents, decentralized applications, and tokenized datasets. As Pundi AI pointed out in its official X announcement, the collaboration merges protected multichain storage
OpenAI is building a family of AI powered consumer devices, including a smart speaker, smart glasses and potentially other connected hardware, according to a report from The Information. The first device, a smart speaker, is designed to passively observe its surroundings and deliver context-aware responses through ChatGPT, enabling features such as automated grocery ordering based