Independent entity dedicated to accelerating the growth of the EigenLayer ecosystem Eigen Foundation released a document that outlines plans for the distribution of additional EIGEN tokens to the community. It also addresses concerns regarding lock-up countdowns, timelines, and user engagement in testnet. The Eigen Foundation intends to distribute approximately $1,000 worth of EIGEN tokens to over 280,000 wallet holders. As per the outlined strategy, users engaging with EigenLayer before April 29th will receive an extra 100 EIGEN tokens. The distribution of this additional airdrop will be acc ..read more

Crypto-focused venture capital firm Pantera Capital announced its investment in The Open Network (TON) blockchain, a Layer 1 network. The exact amount of the investment remains undisclosed at this time. The venture capital firm expressed confidence in TON’s potential to bring cryptocurrency to a wider audience, citing its extensive usage within the Telegram network. Pantera Capital also believes that by harnessing Telegram’s large user base and user-friendly interface alongside the growing ecosystem of TON, the network has the opportunity to become one of the leading cryptocurrency networks ..read more

As the digital currency market expands, potential investors constantly seek robust platforms that assure high returns, financial stability, and innovation. In this context, let’s explore the Cardano (ADA) price prediction and BNB Chain updates being one of the formidable players. However, the advent of BlockDAG‘s captivating vesting strategy, combined with $100 million in liquidity, is increasingly attracting investor interest.  This article delves into the dynamics of these three platforms, studying their market performance while focusing on BlockDAG’s novel architecture, secure algorith ..read more

Company behind the modular liquidity protocol Mitosis announced it has raised $7 million in a recent funding round, led by Amber Group and Foresight Ventures, with participation from Big Brain Holdings, Folius Ventures, Citizen X, GSR, Cogient Ventures, No Limit Holdings, and Digital Asset Capital Management, Everstake and witnessed contributions from angel investors including Zellic, XAI, ether.fi, Hyperlane, Osmosis, DefiLlama, Injective, Keplr, Puffer, Curve, Interchain, among others. The newly raised capital will be directed towards advancing the development of the project.  The Ecos ..read more

Panama City, Panama, May 2nd, 2024, Chainwire AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. AppLayer offers an EVM network that’s 10 times faster than standard Golang based EVM networks and an even more amazing 65 times execution speed boost with C++ stateful pre-compiles. Imagine having both the speediest EVM in the game and the best tools ..read more

Web3 infrastructure and digital credential network Galxe (GAL) disclosed a new collaboration with Jambo, an African-based Web3 mobile technology firm. This partnership aims to seamlessly incorporate Galxe’s financial technologies into Jambo’s mobile phones, enhancing their digital offerings for users. The Galxe integration with Jambo will introduce integrated quests, collaborative features, and the pre-installation of the Galxe App on JamboPhones for the Jambo community, granting users access to the Galxe ecosystem. Meanwhile, the Jambo campaign on Galxe Compass will provide extra interactive ..read more

Google has announced that Med-Gemini is designed specifically to address healthcare and medical tasks. In this article, we will dive deeper into what Med-Gemini has to offer and take a look at existing projects using AI in healthcare. Google just announced Med-Gemini for medical tasks. It beats GPT-4 on all benchmarks: pic.twitter.com/xT4fJf4Imv — Alex Banks (@thealexbanks) May 1, 2024 Summarizing Med-Gemini’s Benchmark Results The paper called “Capabilities of Gemini Models in Medicine” outlined some notable achievements by the group of Google researchers. One is the model’s exceptional r ..read more

London, United Kingdom, May 1st, 2024, Chainwire Humanode, a Layer-1 blockchain built with Polkadot SDK, has become the most decentralized blockchain network to date based on the Nakamoto Coefficient. With 706 active validator nodes, the Nakamoto Coefficient for the Humanode is 236, shooting past the prior number one, Mina, which has a Nakamoto Coefficient of 155. Polkadot now holds the 3rd place.  The Nakamoto Coefficient is a measure that represents how many node operators will be required to control the share of a layer-1 blockchain which is enough to shut down the network if validato ..read more

During a press conference with the representatives from the Web3 sector in Hong Kong, Wu Jiezhuang, a member of the National Committee of the Chinese People’s Political Consultative Conference and a member of the Hong Kong Legislative Council, revealed that legal professionals are currently in direct communication with individuals affected by the incident related to the cryptocurrency exchange JPEX. He indicated that the process of filing a civil lawsuit would be initiated shortly. Approximately six months have elapsed since the JPEX incident unfolded, coinciding with significant advancements ..read more

Decentralized protocol facilitating the deployment of native and restaked rollups, AltLayer (ALT) disclosed the commencement of the second phase of AltLayer staking and introduced the restaked ALT token, reALT. reALT serves as an auto-compounding ERC-20 token designed to capture the staking contributions of ALT holders and accumulate the compounding rewards obtained. This token is distributed to individuals participating in the main staking pool by staking ALT. reALT token is based on the stALT token, an ERC-1155 token that represents the participant’s staking commitment in the main staking p ..read more