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AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation

Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg,…

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Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative

Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee…

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Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed…

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US, African Nations Discuss Responsible AI Use in Military Applications

The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for…

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Metalex and Lido Finance Propose First Major BORG Initiative

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move…

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Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says

Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health,…

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Babylon Launches Trustless Bitcoin Staking Protocol on Mainnet

Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with…

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BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions

On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2…

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Chainlink Integrates Data Streams and VRF on Base Blockchain

Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products…

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Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options

Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as…

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