Serial Entrepreneur: Web3 Stagnant, Echoing 1980s AI

According to Bernie Bloom, overcoming the blockchain trilemma requires building storage solutions that scale to exabytes and integrate seamlessly with smart contracts. Bloom, a serial entrepreneur and co-founder of Xandeum Labs, argues that this is essential for the “wholeness” of smart contract blockchains. Storage: A Key to Resolving the Blockchain Trilemma In written responses shared … Read more

Grayscale Launches Decentralized Crypto AI Fund for Accredited Investors

Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, aimed at providing exposure to blockchain-based artificial intelligence (AI) protocols. The fund, available to accredited investors, includes a basket of decentralized AI crypto protocols, rebalanced quarterly. Grayscale Introduces a Crypto AI Exchange-Traded Product The Grayscale Decentralized AI Fund is designed to offer accredited … Read more

Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address

STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over $22 million were transferred to an unknown external address. Lawyers Engaged to … Read more