New AI alliance aims to end Big Tech dominance with user-owned data
Cheqd, DataHive, Nuklai, and Datagram have launched the Sovereign AI Alliance, a new initiative aimed at developing an open-source framework for decentralized artificial intelligence using user-owned data. Announced on May 1 via a press release shared with crypto.news, the alliance…...
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Ethereum to simplify crosschain transactions with new token standards
Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps),...
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Tezos activates Rio upgrade, enhancing staking flexibility and L2 incentives
Tezos has successfully activated Rio, its 18th protocol upgrade, marking another milestone in the blockchain’s Tezos X roadmap. The upgrade was approved through the network’s on-chain governance process, with participation from validators and community members, and aims to enhance staking…...
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Shaw Walters: ‘We’re Going to Automate All of the Jobs’
Someday you’ll be out of a job. So will I, so will your neighbor, so will your best friend, and so will all of your family. All of our jobs will be automated, thanks to AI. This is the prediction of Shaw Walters (who in Web3 style typically just...
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CoinDesk 20 Performance Update: Index Gains 3.2% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.48, up 3.2% (+86.71) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+8.2%) and AAVE (+5.9%). Laggards:...
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Dinari Raises $12.7M to Expand Tokenized Stock Access for Non-U.S. Investors: Report
Dinari, a crypto startup focused on tokenizing real-world assets, has raised $12.7 million in a Series A funding round led by Hack VC and Blockchange Ventures, with backing from VanEck Ventures, F-Prime, and the Avalanche Fund, according to a Fortune report. The round brings the California-based firm’s total funding...
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Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
Bitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in April, Wall Street bank JPMorgan said in a research report on Thursday. Some bitcoin miners have pivoted into new business areas, such as offering HPC services to...
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‘Everything Is Encrypted’: Aztec’s Privacy Rollup Hits Testnet Amid Growing Demand
Aztec, a layer-2 rollup focused on privacy, shared Thursday that its testnet has finally gone live. The announcement comes as a wave of new privacy-focused solutions begins to capture the interests of large institutions that need confidentiality with large transaction batches. The team behind Aztec said that they have...
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Pipe Foundation Launches PipeQuest Incentive Program for Pipe Network Testnet
[PRESS RELEASE – Dubai, United Arab Emirates, May 1st, 2025] Announced on stage at Token2049, PipeQuest gives node operators an opportunity to earn rewards in exchange for computing power used by the first decentralized content delivery network (CDN) built on Solana Pipe Foundation, a non-profit organization dedicated to the...
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21Shares files for US spot Sui ETF after European launch
Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and...
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