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Web3 infrastructure provider Ankr has launched its AI-focused Layer 1 blockchain Neura on public testnet. Initially unveiled in March, Neura enables developers to build decentralized applications that blend AI, cloud computing and blockchain technology, according to a statement shared with The Block. Neura is designed to help AI startups with …

The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and …

What’s a blue toad got to do with blockchain, if it even is a blue toad? The short answer is meme coin trading on Coinbase’s layer-2 blockchain, Base. Read on. Also in this week’s The Protocol: Hacker behind Munchables $62.5M exploit on layer-2 Blast returns private keys. Ethereum developers tee …

With Bitcoin’s price stalling near recent highs and perpetual futures funding rates dropping to new lows, market sentiment hints at a cautious approach toward the flagship cryptocurrency. SOL, BNB, AVAX Attract Investors Investors’ recent moves signify a redistribution of capital towards altcoins, showing promising growth. They have isolated three altcoins …

This surge underscores the rising interest in the AI and blockchain amalgamation. AI Tokens Surge Double Digit Amidst Nvidia Hype A recent Santiment study exemplifies the AI trend in the crypto market. The project shared that a portfolio of 100 AI tokens showed a notable 30.7% increase in the value. …

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.

This analysis explores lesser-known altcoins showing promising trends, suggesting potential for significant gains in the coming month, focusing on cryptocurrencies ranked between 150 and 300 by market capitalization. ANKR Breaks Out From Long-Term Resistance The ANKR price had fallen under a descending resistance trend line since May 2022. The trend …

Venture capital firm Andreessen Horowitz has invested $100 million in crypto restaking project EigenLayer, according to Bloomberg. The investment is reportedly due to be announced on Thursday, with Andreessen Horowitz the sole backer in the round. EigenLabs, the team behind the restaking protocol, previously closed a $50 million Series A …

Restaking protocol EigenLayer has seen its TVL surge to nearly $6 billion over the past few days following the temporary lifting of its deposit caps. Assets deposited to EigenLayer have risen around 170% from $2.15 billion when the window began on Feb. 5 to reach $5.9 billion at the time …

Root Protocol, the cutting-edge Web3 identity platform, has successfully closed a significant funding deal, securing an impressive $10 million. This seed stage funding, divided into two rounds, has propelled the platform’s overall valuation to an impressive $100 million within the digital aggregator space. This financial boost aims to accelerate the …