Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem Accessibility
San Francisco, United States, January 24th, 2025, Chainwire
Boba Network has announced the integration of Nucleus, a protocol designed for blockchain networks. This collaboration enables users bridging ETH, Liquidity Staking Tokens (LSTs), or Liquidity Reward Tokens (LRTs) to the Boba Network to engage with Ethereum mainnet functionalities while accessing various DeFi protocols, gaming platforms, and NFT marketplaces
The partnership aligns with Boba Network’s focus on scalability and user-focused development. The integration of Nucleus expands Boba Network’s ecosystem offerings, highlighting advancements in cross-chain functionality and composable infrastructure.
Enhancing Results Through Cohesion
ETH, LSTs, or LRTs bridged to Boba Network are integrated into the network’s system, facilitating seamless interaction with decentralized applications. This approach aims to optimize user engagement without additional complexity.
This version removes promotional language and references to financial benefits, focusing solely on functionality.
Frictionless Cross-Chain Operations
Secure interchain messaging protocols connect Ethereum Mainnet and Boba Network, enabling efficient yield aggregation. The flow of assets and rewards benefits from streamlined coordination between chains.
Composable Infrastructure
Smart contracts empower cross-chain deposits, withdrawals, and liquidity management. This allows developers to build robust decentralized applications that incorporate Nucleus’s functionality without added complexity.
Boba Network as a Foundation for Innovation
Boba Network’s advanced capabilities support Nucleus’s goal of integrating core functionalities into blockchain ecosystems.
HybridCompute™
Off-chain data computation at scale lowers costs and boosts performance for yield-bearing protocols.
Account Abstraction
Simplified user interactions reduce onboarding barriers and enhance overall accessibility.
Low Transaction Costs
Lower fees support high-volume user participation and provide a cost-effective environment for dApp developers.
This synergy bolsters ecosystem capabilities, drives the adoption of decentralized technology, and sets the stage for new market opportunities.
Aligning with Nucleus’s Mission
By deploying on Boba Network, Nucleus aims to integrate core functionality across multiple crypto networks. This approach supports ecosystem participation by leveraging Boba Network’s features, including speed, cost-efficiency, and access to a range of decentralized applications.
What the Integration Brings
For Users: Convenient access to a variety of applications within the Boba Network ecosystem.
For Developers: Tools and resources for integrating advanced features into decentralized applications to support innovative product development.
For Ecosystems: Increased network activity supported by integrated functionalities, contributing to the ongoing development of blockchain technology.
Setting a New Standard for Blockchain Networks
The collaboration between Nucleus and Boba Network aims to integrate advanced network functionalities as a core feature rather than an additional option. This integration seeks to enhance the accessibility and utility of blockchain technology, supporting broader adoption and facilitating advancements in decentralized finance and related fields.
Users can learn more about Nucleus on Boba Network and experience how this integration is redefining blockchain networks.
About Nucleus
Nucleus is a protocol designed to integrate core functionalities at the foundational layer of blockchain ecosystems. By streamlining cross-chain operations and providing developers with tools for integrating advanced features, Nucleus aims to enhance how users interact with Web3 technologies.
About Boba Network
Boba Network is a multichain Layer 2 solution designed for scalability, low transaction costs, and enhanced developer capabilities. Through innovations such as HybridCompute™ and account abstraction, Boba Network supports diverse dApps spanning DeFi, gaming, and NFTs, aiming to bring the next wave of users into the blockchain space.
Why Is XRP Up Today? Cryptocurrency Rises on Market Volatility and Regulatory Optimism
XRP is up by more than 3.5% over the last 24-hour period to now trade at $3.19 as the cryptocurrency recovers from a significant correction that came after the Chicago Mercantile Exchange (CME) denied it was listing futures tied to the cryptocurrency.
The price of the native token of the XRP Ledger could, according to popular cryptocurrency analyst, keep on rising to the $4.4 mark based on a key technical pattern, yet the cryptocurrency market has recently been seeing significant volatility.
Bitcoin’s price, for example, experienced substantial fluctuations within the past 24 hours in response to U.S. President Donald Trump’s executive order. This order seeks to create a more favorable regulatory framework for digital assets within the country. The administration has been tasked with developing policies that will establish a solid foundation for the sector, including the possibility of establishing a “digital asset stockpile.”
XRP price chart. Source: CCData
XRP’s recovery during the volatility is likely tied to its recent drawdown that came after it briefly saw its total market capitalization surpass that of Wall Street giant Goldman Sachs. Behind the drop was CME’s clarification on potential XRP futures on its platform.
The Chicago Mercantile Exchange (CME) is often seen as a barometer of institutional activity in the cryptocurrency space. Earlier screenshots of pages hinting at the potential launch of futures contracts for both XRP and SOL circulated on social media, fueling rumors that the launch would occur on February 10.
However, the exchange clarified that these were “beta pages” from its website that had been released in error. A spokesperson for the firm explained that mock-ups were included in its testing environment, and no decisions had been made regarding these futures contracts.
As with most cryptocurrencies, XRP experienced a surge in price late last year due to optimism about a more favorable regulatory environment under President-elect Donald Trump’s administration. Anticipated policy changes, such as the establishment of a strategic Bitcoin reserve and the appointment of Paul Atkins as the head of the Securities and Exchange Commission (SEC), have significantly boosted investor confidence.
It’s worth noting that Atkins is regarded as a crypto-friendly figure to lead the regulatory agency, which has been involved in a legal battle with Ripple, a prominent player in the XRP ecosystem. This legal dispute centers around Ripple’s XRP sales.
Trump’s pro-crypto stance has led many to speculate that XRP could soon launch a spot exchange-traded fund (ETF) that provides exposure to the cryptocurrency. Several companies, including Bitwise, Canary Capital, WisdomTree, and 21Shares, have already filed for spot XRP ETFs. Ripple’s CEO, Brad Garlinghouse, has expressed the belief that such a fund is “inevitable.”
Dex-Trade Lists Skyren DAO on Upcoming Launch Campaign
Skyren DAO, the platform transforming decentralized finance (DeFi) with its unique approach to airdrop collection, is preparing to list its native token, SKYRN, on the cryptocurrency exchange Dex-Trade. This move will make SKYRN more accessible to traders worldwide and strengthen Skyren’s growing presence in the crypto space.
What Does the Dex-Trade Listing Mean for SKYRN?
The Dex-Trade listing expands SKYRN’s accessibility and liquidity, making it easier for a global audience to trade and use the token. SKYRN will be paired with Tether (USDT), providing a stable and widely recognized trading option for both new and experienced traders.
The listing ensures that SKYRN reaches more users, increasing engagement with Skyren DAO’s ecosystem. As more users join the platform, liquidity will grow, and additional opportunities for staking and airdrop participation will emerge.
The Unique Role of SKYRN
The SKYRN token is more than just a cryptocurrency. It serves as the foundation of Skyren DAO’s ecosystem, offering holders access to unique benefits:
Verified Airdrops: SKYRN holders can participate in high-value, thoroughly vetted airdrop opportunities without the risks and complexities typically associated with airdrop hunting.
Staking: By staking their tokens, users can contribute to the platform’s sustainability.
Governance Participation: SKYRN holders have voting rights within the DAO, enabling them to influence key decisions and the platform’s future direction.
These features make SKYRN an essential tool for users who want to maximize their potential and play an active role in shaping the future of DeFi.
About Skyren DAO
Skyren DAO has redefined the concept of airdrop collection in decentralized finance. The platform simplifies access to valuable crypto rewards by centralizing and curating airdrop opportunities. Users no longer need to spend hours searching multiple platforms or risk falling victim to scams.
Built on the Polygon blockchain, Skyren leverages low transaction fees and scalability to deliver an efficient user experience. Smart contracts handle key processes like airdrop distribution and staking rewards, ensuring transparency and security across the platform.
Skyren’s innovative approach combines simplicity and utility, empowering users to earn more while reducing risks.
Why Dex-Trade?
Dex-Trade is a global cryptocurrency exchange known for its accessibility, robust security, and low trading fees. These qualities make it an ideal platform for listing SKYRN and supporting Skyren DAO’s growing user base.
The exchange provides advanced trading tools, real-time market insights, and reliable infrastructure to ensure seamless trading experiences for users. The Dex-Trade listing makes the SKYRN token accessible to a global and diverse audience, helping expand its reach and usability.
The Benefits of SKYRN’s Expansion
The combination of the Dex-Trade listing and the SKYRN presale provides multiple benefits for users:
Global Accessibility: The listing on Dex-Trade makes SKYRN available to traders worldwide, increasing its visibility and usability.
Increased Liquidity: Trading on a reputable exchange enhances liquidity, making it easier for users to buy and sell SKYRN.
Enhanced Trust: A listing on a trusted platform like Dex-Trade reinforces confidence in the token’s credibility.
These developments align with Skyren DAO’s mission of delivering value and utility to its community.
What’s Next for Skyren DAO?
Skyren DAO’s immediate goals include expanding its community through the Dex-Trade listing while continuing to grow the utility of the SKYRN token. Future plans involve adding more curated airdrop opportunities, improving staking features, and introducing advanced tools for portfolio management.
The team’s long-term vision focuses on creating a sustainable DeFi ecosystem where users can generate consistent returns through accessible and secure means. With SKYRN at the center, Skyren is building a platform that prioritizes user success and innovation.
Succeed in the DeFi Space
The Dex-Trade listing and ongoing presale present an exciting opportunity to join the Skyren ecosystem early. Whether you’re looking to trade, stake, or access premium airdrops, SKYRN offers tools to help you succeed in the DeFi space.
Don’t miss your chance to be part of Skyren DAO’s journey.
SOL Global Announces Binding Commitment for C$10 Million Debenture Private Placement From Strateg...
Toronto, CA, January 23rd, 2025, Chainwire
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
SOL GLOBAL ANNOUNCES BINDING COMMITMENT FOR C$10 MILLION DEBENTURE PRIVATE PLACEMENT FROM STRATEGIC INVESTOR
70% OF NET PROCEEDS WILL BE USED FOR ADDITIONAL SOLANA PURCHASES
SOL Global Investments Corp. (CSE: SOL) (FSE: 9SB) (“SOL Global” or the “Company”), one of the first publicly traded companies focused on institutional Solana investments, is pleased to announce that it has entered into a binding letter of intent on January 22, 2025 (the “LOI”) for the sale of an unsecured convertible debenture of SOL Global (the “Convertible Debentures”) with a principal amount of C$10,000,000 (the “Offering”).
The Convertible Debenture will be convertible into units of the Company at a conversion price of $0.50 per unit, such that each unit shall include one common share of the Company (the “Common Shares”) and one-half warrant whereby a full warrant is exercisable for an additional Common Share for a period of 12 months at an exercise price of $0.65.
The Debenture shall be funded in advances such that $2 million will be advanced on closing and four advances of an additional $2 million each shall be advanced every 60 days following the closing. The holder of the Debenture and SOL Global may mutually agree to accelerate the date of one or more advances.
The holder of the Debenture shall be entitled to a 2.5% set-up fee of $250,000, to be settled by the reduction of the amount payable under the initial advance. The Debenture will mature 24 months from the date of issue and shall be subject to a 10% interest rate, payable in cash at the time of each advance and at maturity.
The LOI is a binding commitment of the purchaser and the transaction is expected to close on or before January 30, 2025 (the “Closing Date”), subject to the entering into a definitive subscription agreement and Debenture, and certain customary conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, and is subject to the policies of the Canadian Securities Exchange (the “CSE”).
Use of Proceeds
The Company intends to allocate 70% of the proceeds of the Offering toward the acquisition of Solana tokens, reinforcing its commitment to digital assets and blockchain technology.
Strategic Focus
This financing is aligned with SOL Global’s strategy to expand its digital asset portfolio and capitalize on emerging opportunities in the blockchain and cryptocurrency sectors. By allocating a significant portion of the proceeds to Solana tokens, the Company is reaffirming its belief in the potential of decentralized ecosystems.
The Units will be offered on a private placement basis in such jurisdictions as the Agents and the Company may mutually agree, including (i) in all provinces of Canada pursuant to available exemptions from the prospectus requirements of those provinces, (ii) in the United States pursuant to available exemptions from U.S. registration requirements, and (iii) international or offshore jurisdictions pursuant to available exemptions from the prospectus, registration or other similar requirements in such international or offshore jurisdictions, such that no prospectus, registration statement or similar document is required to be prepared or filed by the Company in any such jurisdiction, in each case in accordance with applicable laws.
All Common Shares and Warrants issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of issuance of such securities under applicable securities laws in Canada.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
SOL Global is a diversified international investment and private equity holding company. The Company is in the process of divesting its current investment partnerships and minority holdings. SOL Global recently announced the transition of investments to focus exclusively on digital asset technology, primarily on Solana and Solana based technologies.
Caution Regarding Forward-Looking Statements
This press release includes certain “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements regarding anticipated completion of the Private Placement; the proposed use of proceeds of the Private Placement; and statements relating to the Company’s intention to increase its investments in Solana. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies, including the speculative nature of cryptocurrencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company’s ability to complete the Private Placement, on the proposed terms and the proposed timeline, or at all; the Company’s ability execute on its business and investment plans, including the Company’s ability to raise debt or equity through future financing activities and divest its current investment partnerships and minority holdings; the growth of the Solana ecosystem; growth and development of decentralized finance and digital asset sector; rules and regulations with respect to decentralized finance and digital assets; and general business, economic, competitive, political and social uncertainties. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on the forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Cardano’s ADA Token Poised for 50% Surge As Key Resistance Nears Breakthrough: Analyst
The price of the native token of the Cardano network, ADA, could surge more than 50% toward the $1.5 mark once it manages to break through a key resistance level it’s currently approaching.
ADA has seen a more than 8.7% correction over the past week to now stand just above the $1 mark, having seen a low around $0.95 before it managed to recover. The cryptocurrency is up around 11.4% over the past month, having seen a 52-week high around $1.3 last month.
Popular cryptocurrency analyst Ali Martinez has recently suggested in a post on the microblogging platform X shared with his over 118,000 followers that ADA “will reach $1.50 once the $1.10 resistance breaks.”
Ali Martinez on X.
Cardano, as reported, has seen significant growth in its activity, which recently saw it top the 50,000 daily active addresses mark at a time in which the price of the cryptocurrency has been enduring a significant downturn. On top of that, whales on the Cardano network have recently been accumulating the cryptocurrency, having acquired over 100 million ADA tokens in around two days last.
Cardano is experiencing several significant developments. Notably, the Plomin hard fork, a major upgrade that builds upon the Chang hard fork in September, empowers ADA token holders to directly participate in the protocol’s future through its governance system.
By delegating their voting power to Delegated Representatives (DReps) or assuming the role of DReps, ADA token holders gain the ability to vote on-chain. Beyond governance, the hard fork introduces various technical enhancements, including new Plutus primitives that enhance smart contract functionality and provide improved support for Stake Pool Operators.
Nibiru EVM (Nibiru V2) Codebase Finalized Following Rigorous Security Audits
Tortola, British Virgin Islands, January 23rd, 2025, Chainwire
Nibiru, a secure and high-performance blockchain, has reached successful code completion for its upcoming Nibiru EVM (Nibiru V2) upgrade.
“This milestone marks a key step in the evolution of Nibiru. Smoothly launching an initiative like this is about doing small things right to make a big difference. Nibiru places a heavy emphasis on security for users and their digital assets. The audits and resulting mitigation changes help ensure that the new generation of apps on Nibiru will deploy in a secure and efficient environment, stated Unique Divine, Co-founder of Nibiru and CEO of Nibi, Inc.”
These security audits of Nibiru focused on the core L1 logic. The team started with a consultative security audit in October 2024 by Zenith, where Code4rena assembled a curated team of auditors tailored to the project’s specific codebase and needs. After addressing potential security findings from this audit, the team sponsored a competitive Code4rena audit in November 2024. This second audit expanded its scope to include Nibiru’s Ethereum JSON-RPC, in addition to the core L1 and the Nibiru EVM.
What is Nibiru EVM (Nibiru V2)?
The Nibiru EVM Upgrade, also called Nibiru V2, is a “purely additive” enhancement to Nibiru that makes it an EVM-equivalent execution engine. This allows Ethereum-based application development teams to more easily build on Nibiru and take advantage of widely used tools like MetaMask and Coinbase Wallet.
The team’s Jan 2025 Ecosystem Update also mentions the launch of several products on top of Nibiru V2, including a Uniswap V3 deployment by Oku, Astrovault’s cross-chain value capture DEX, tokenized private credit and T-bills, and Bridged USDC.
Nibiru Lagrange Point: A Glimpse into the Future
Building upon the progress of the Nibiru EVM upgrade, Nibiru is unveiling the initial stages of its ambitious “Nibiru Lagrange Point” roadmap. This roadmap outlines a series of innovative advancements designed to further enhance the scalability, decentralization, and user experience on Nibiru.
Nibiru Lagrange Point combines:
FunToken Mechanism, a unification of EVM and non-EVM tokens that don’t rely on third-party bridges
Pipeline-Aware Reordered Execution (PARE) for higher throughput
Optimized validator dynamics in NibiruBFT, including Boneh–Lynn–Shacham (BLS) Signatures and novel grouping algorithms to reduce overhead and speed up block times.
Mempool Lanes for orderly transaction flow
These design innovations are meant to “address bottlenecks across every layer of the stack, paving the way for advanced DeFi, real-world assets (RWAs), AI-driven bots, and high-traffic cultural projects—all running seamlessly on a single platform”, according to Harvey Liu, Research Engineer at Nibi, Inc.
About Nibiru
Nibiru is a high-performance MultiVM blockchain that achieves fast finality, a block time of less than 1.8 seconds, and robust security. Backed by $20.5 million in funding from NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital, Nibiru enables developers to build and deploy smart contract applications interoperable across multiple virtual machines, such as the Ethereum Virtual Machine (EVM) and WebAssembly (Wasm).
Latest Nibiru Ecosystem Update – Jan 2025: Deep dive on Nibiru’s growth and development
Nibiru Community Hub: News, socials, and community links
Nibiru/Security-Reports・GitHub: Audits and security reports
Why Is XRP Down Today? CME’s Futures Contracts Denial, Broader Market Slump Weigh on Performance
XRP is down by nearly 5% over the last 24-hour period to seemingly move to retest the $3 mark in a drawdown that’s coming after it briefly saw its total market capitalization surpass that of Wall Street giant Goldman Sachs.
Since then, XRP’s market cap has plunged by around $20 billion as the wider cryptocurrency market endures a slight downturn. The native token of the XRP Ledger has plunged more than other major assets today after the Chicago Mercantile Exchange (CME) denied it was listing futures tied to the cryptocurrency.
XRP price chart via CCData.
The CME is often seen as a proxy for institutional activity in the cryptocurrency space and earlier screenshots of pages showing the potential launch of futures contracts for both XRP and SOL started circulating on social media. These sparked rumors the launch would come on Feb. 10.
The exchange has, however, revealed that these were “beta pages” from its website that were “released in error.” A spokesperson for the firm told CoinDesk that mock-ups were included in its testing environment, with no decisions having actually been made on these futures contracts.
As most cryptocurrencies, XRP saw its price surge late last year due to expectations of a more favorable regulatory environment under President-elect Donald Trump’s administration. Anticipated policy changes, such as the establishment of a strategic Bitcoin reserve and the appointment of Paul Atkins as the head of the Securities and Exchange Commission (SEC), have significantly boosted investor confidence.
It’s worth noting that Atkins is considered a crypto-friendly figure to lead the regulatory agency, which has been involved in a legal battle with Ripple, a prominent player in the XRP ecosystem. This legal dispute centers around Ripple’s XRP sales.
Trump’s pro-crypto stance has led many to speculate that XRP could soon launch a spot exchange-traded fund (ETF) that provides exposure to the cryptocurrency. Several companies have already filed for spot XRP ETFs, including Bitwise, Canary Capital, WisdomTree, and 21Shares. Ripple’s CEO, Brad Garlinghouse, has expressed the belief that such a fund is “inevitable.”
CARV Launches D.A.T.A Framework, Giving AI Agents ‘Eyes and Ears’ With On-Chain and Off-Chain Data
Santa Clara, California, January 22nd, 2025, Chainwire
CARV, an AI chain ecosystem enabling data sovereignty at scale, today unveils its D.A.T.A Framework to transform how AI agents interact with both on-chain and off-chain data. The framework converts static information into actionable insights, enabling AI agents to independently analyze, adapt and act with unprecedented clarity and autonomy.
In today’s decentralized landscape, fragmented and inaccessible data limits the potential of artificial general intelligence (AGI). By solving these critical challenges, the D.A.T.A Framework – Data Authentication, Trust, and Attestation – delivers real-time decision-making capabilities while maintaining rigorous privacy and security standards. This advancement redefines how AGI operates within decentralized ecosystems, creating new possibilities for both developers and users.
“AGI needs more than computational power—it needs intelligent data,” said Yukai Tu, CTO of CARV. “The D.A.T.A Framework bridges the gap between raw data and meaningful action, setting a new standard for AI-powered decision-making in decentralized ecosystems.”
The D.A.T.A Framework
The D.A.T.A Framework serves as the eyes and ears for AI agents, providing them with the ability to perceive, interpret, and act on data across decentralized ecosystems. By transforming static data into actionable insights, the framework enables AI agents to make real-time, intelligent decisions while maintaining unmatched privacy and security. It leverages cutting-edge technologies like zero-knowledge proofs, Trusted Execution Environments (TEE), and CARV ID to ensure enriched, context-aware, and privacy-preserved data access.
Key features include:
Enhanced Metrics and Tags: Identifying whales, traders, and market manipulators with tailored, actionable insights.
CARV ID Integration: Linking Web2 identities with Web3 behavior for a holistic understanding of users.
Real-Time On-Chain Insights: Automating actions based on blockchain activities like token transfers and market trends.
Cross-Chain and Off-Chain Data Integration: Providing comprehensive insights by unifying multiple data sources.
Benefits for Developers and Users
For developers, the D.A.T.A Framework simplifies the creation of smarter, autonomous AI agents with built-in tools for accessing and processing enriched data. Applications range from trading bots that respond instantly to market shifts to gaming AI agents capable of intelligent, personalized interactions.
For users, D.A.T.A enables secure control and monetization of personal data while providing tailored, data-driven experiences. By bridging trust gaps and fostering collaboration, the framework creates an ecosystem where everyone—from businesses to individual users—stands to benefit equitably.
Both of these applications lead to future-forward use cases including:
Trading and Alerts: Autonomous bots that analyze blockchain activity in real-time, identifying market opportunities and executing trades.
Gaming Evolution: Intelligent NPCs and companions that learn and adapt, enhancing engagement and replayability.
DeSci Innovation: Privacy-preserved research collaborations, accelerating breakthroughs in medicine and science.
Holistic Personalization: AI companions offering emotionally intelligent support tailored to individual needs.
Driving the Evolution of AGI
CARV’s D.A.T.A Framework is more than just a toolset – it’s the foundation for AGI’s collaborative evolution. By enabling AI agents to share insights, learn dynamically, and operate autonomously within decentralized ecosystems, CARV is paving the way for a future where AGI not only interacts with data but truly understands it.
“The launch of D.A.T.A Framework marks a significant leap forward for decentralized AI,” said Victor Yu, COO of CARV. “It’s not just about building smarter AI – it’s about empowering a new era of trust, privacy, and collaboration across industries.”
The D.A.T.A Framework is set to evolve over the coming months with a series of phased enhancements that will expand its capabilities. In the first phase, D.A.T.A. Framework will introduce real-time on-chain activity alerts, autonomous actions such as airdrops and token transfers, and comprehensive cross-chain insights. Then, rolling out in February, the framework will integrate social media data via CARV ID for enhanced user profiling. and enabling a swarm of AI agents to collaborate seamlessly for modular data access. Further development and phases will be announced gradually over the coming months.
The D.A.T.A Framework is now live, inviting AI developers, blockchain innovators, and businesses to explore its capabilities. To learn more and start building, users can visit CARV’s official documentation.
About CARV
CARV is building an AI chain ecosystem to enable data sovereignty at scale. By empowering AI agents with secure, unified infrastructure, CARV enables intelligent, collaborative operations through its SVM Chain, offering trustless consensus, cryptographic proofs, and verifiable execution. With the D.A.T.A Framework, CARV enriches AI with high-quality, on-chain and off-chain data, allowing agents to learn, evolve, and collaborate dynamically. With over 15M users and 8M CARV IDs, CARV ensures privacy and data control while providing AI agents with powerful, cross-chain insights, creating a secure, innovative ecosystem for both AI and human collaboration.
Supported by $50M in funding from top-tier investors like Tribe Capital, HashKey Capital, and Animoca Brands, and backed by a team of veterans from Coinbase, Google, and Binance, CARV is committed to fostering a decentralized future where data is a valuable, user-owned asset.
Cardano Network Surges Past 50,000 Daily Active Addresses Despite ADA Price Downturn
The Cardano (ADA) network has seen significant growth in its activity, which recently saw it top the 50,000 daily active addresses mark at a time in which the price of the cryptocurrency has been enduring a significant downturn.
The number of daily active addresses on Cardano surged to 50,828 earlier this week according to data from on-chain analytics firm Santiment first shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X.
Ali Martinez on X
As reported, whales on the Cardano network have recently been accumulating the cryptocurrency, having acquired over 100 million ADA tokens in around two days last week.
Cardano’s ADA is at the time of writing trading around $0.99 after falling more than 12% over the past week amid a correction that came after the cryptocurrency’s price surged more than 200% in a rally that started in November.
Cardano is experiencing several significant developments. Notably, the Plomin hard fork, a major upgrade that builds upon the Chang hard fork in September, empowers ADA token holders to directly participate in the protocol’s future through its governance system.
By delegating their voting power to Delegated Representatives (DReps) or assuming the role of DReps, ADA token holders gain the ability to vote on-chain. Beyond governance, the hard fork introduces various technical enhancements, including new Plutus primitives that enhance smart contract functionality and provide improved support for Stake Pool Operators.
Tezos Blockchain Is Faster and More Future-Proof Than Ever Following Successful Activation of 17t...
Paris, France, January 22nd, 2025, Chainwire
8-second block time makes Tezos L1 transaction finality faster than ever
Bakers (Tezos validators) can now accept more external stake, promoting stronger network security
Staking is further incentivized with 3x the rewards versus delegation, instead of previously 2x
Staking rewards are optimized for minimal inflation and long-term network health
The Tezos blockchain is now faster and better positioned for long-term sustainability, following the successful activation of its 17th protocol upgrade, Quebec. The upgrade was jointly developed by teams at Nomadic Labs, Trilitech, and Functori, and adopted by bakers (validators) following an on-chain voting and governance process. Quebec activates a number of features designed to improve the overall experience of using, running and building on Tezos. It also includes key performance improvements that contribute to fulfilling the vision laid out in the Tezos X roadmap, which outlines a unified vision for the future of the Tezos network and ecosystem.
Tezos is a pioneering blockchain known for its self-amending capabilities and community-driven, on-chain governance system. Quebec introduces a series of enhancements designed to make Tezos even more appealing to builders, institutions, and businesses of all sizes. A reduction of layer 1 block time from 10 seconds to just 8 seconds means that transactions on the network are faster than ever, achieving finality in 16 seconds — further establishing Tezos as an ideal solution for use cases such as payments, gaming and more. Despite these performance improvements there has been no change to the hardware requirements for taking part in Tezos consensus. This ensures that bakers (validators) operating affordable, lower-end infrastructure can continue to participate in Tezos consensus, thereby preserving community-inclusive decentralization as Tezos evolves.
Commenting on the upgrade, Yann Régis-Gianas, Head of Engineering at Nomadic Labs, said, “With the Quebec upgrade, Tezos has become faster, economically stronger, and more attractive for staking – all without compromising on decentralization. It’s a remarkable achievement by the protocol developers and a significant step toward realizing the vision of Tezos X.”
He added, “The Quebec upgrade shows Tezos’ ability to evolve through decentralized governance, and with broad stakeholder involvement. I particularly valued the in-depth community conversations on tokenomics and how to keep inflation strictly tied to the chain’s long-term security.”
Quebec also introduces adjustments to Tezos’ staking mechanics, aimed at minimizing inflation of the native currency, tez, while maintaining network security. The Adaptive Issuance mechanism, previously introduced in the Paris protocol upgrade, is designed to keep staking rewards just high enough to incentivize a secure network while avoiding excessive tez issuance. The Quebec protocol upgrade refines this mechanism, addressing some scenarios where issuance could become higher than what is justified by security needs.
Following consultations with bakers and the community at large, the Quebec upgrade also raises the limit on how much external stake a baker can accept, from 5x to 9x the baker’s own stake. This can benefit network security, as it makes baking more attractive and staking more accessible, while continuing to limit centralization risks. To further incentivize staking, Quebec also reduces the weight of delegated funds, which contribute less to network security. As a result, staking now yields 3x the rewards versus delegation, instead of the previous 2x.
The successful implementation of Quebec is a further step towards Tezos X and a clear illustration of both Tezos’ long-term upgradability and of the commitment to persistent innovation demonstrated by community and developer teams across the Tezos ecosystem. The announcement comes during a busy period for the Tezos ecosystem, following the recent launch of the uranium.io marketplace on Etherlink, the EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups. Purpose-built to eliminate barriers to an asset class that is powering the AI revolution and which has, until now, only been accessible to institutional investors, the launch of uranium.io comes at a time of renewed interest in real world asset (RWA) tokenization, which is emerging as a growth-driver for the blockchain sector.
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About Tezos
Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities. For more information about Tezos, visit http://www.tezos.com.
Koni Stack Launches ‘Football Rivals’ on Telegram, Onboarding Millions of Users to Mythos & Polkadot
Hanoi, Vietnam, January 22nd, 2025, Chainwire
The mini-app will add new utility for User-Owned NFL Rivals Player Digital Assets on the Mythos Chain , proving the interoperability between two different player experiences across two different platforms
Football Rivals will Onboard Millions of Users to Mythos via Koni Stack’s Telegram Mini App-as-a-Service
Koni Stack, the platform that accelerates next-generation Web3 decentralized applications (dApps), today announced the launch of Football Rivals, a new toss-up mini-app. The Telegram app, built using Koni Stack’s mini app SDK, launched today on Telegram.
As a player experience built to be interoperable with and provide added utility for user-owned NFL Rivals player digital assets, which are also used in connection with the hugely popular game from Mythical Games’ title with over six million active players, the Football Rivals mini-app will enable users to utilize such player assets to combine engaging stats-based gameplay with the power of Web3. Players will use digital assets to compete in weekly challenges, with top performers earning MYTH rewards on the Mythos Chain. The app, launched today, is available worldwide to millions of users, making it one of the most accessible and user-friendly blockchain gaming experiences to date!
By tapping into the global Telegram user base, Football Rivals is poised to introduce millions of new players to the Mythos and Polkadot ecosystems. This collaboration between Koni Stack, Mythos, and Polkadot creates an entirely new use case for the blockchain ecosystem, offering a seamless experience for players to now use their owned digital assets across a new experience and platform, proving the interoperability of digital assets and collectibles.
Koni Stack, developed by the team behind SubWallet – the leading wallet in the Polkadot ecosystem – is designed to simplify the onboarding process for users into Web3 via a developer-friendly SDK. With a focus on user-friendly interfaces, SubWallet first revolutionized access to Polkadot with its easy-to-use wallet. Now, through its Telegram mini app-as-a-service, Koni Stack is helping developers create seamless mini apps with low code thus enabling Telegram’s billions of users to seamlessly interact with dApps and blockchain-based experiences.
“We’re thrilled to enable millions of players to utilize their digital assets and collectibles to bring a new experience, Football Rivals, to millions of users on Telegram, leveraging Koni Stack’s mini app SDK,” said Hieu Dao, CEO of SubWallet and Koni Stack, “This effort not only demonstrates the scalability of Mythos and Polkadot but also opens up a new avenue for further application of blockchain technology, creating more fun, accessible ways for players to engage with Polkadot.”
“We’re excited to see Koni Stack release Football Rivals on Telegram,” said John Linden, CEO of Mythical Games. “By using the Mythos Chain’s robust ecosystem and Koni Stack’s mini-app SDK, this mini-app shows the power of web3 and the ability for one group to build extended value for players through interoperability. The fact that Koni was able to build a new player experience*,* enabling interoperability and allowing players to use the NFL Rivals digital assets they earned and purchased in connection with another application, is what web3 is all about, and Football Rivals makes this a reality!”
As Football Rivals takes off, it is expected to drive significant on-chain activity on the Mythos chain, onboarding millions of users to decentralized platforms. The apps integration with Telegram, combined with Polkadot’s scalability and interoperability, will be a powerful tool for introducing the next generation of users to blockchain technology.
For more information about Football Rivals, users can visit t.me/footballrivalsgame.
About Koni Stack
Koni Stack is an all-in-one platform that accelerates the development and deployment of next-gen Web3 dApps. It enables developers to build intent-based dApps for the masses with zero fragmentation, using two key modules: dApp-as-a-service and mini app-as-a-service. The dApp-as-a-service module allows for seamless, unified dApps that can access users and liquidity across multiple networks with one-time deployment, while the mini app-as-a-service module lets you quickly create and deploy Telegram mini apps by simply plugging in ready-to-use modules.
About Mythical Games
Acknowledged by Fast Company’s World Changing Ideas 2021 and recently Forbes’ Best Startup Employers (2024), Mythical Games is a next-generation game company creating world-class games and empowering players to take ownership of their in-game assets through the use of blockchain technology. The team has helped develop major franchises, including Call of Duty, Call of Duty Mobile, World of Warcraft, Diablo, Overwatch, Magic: The Gathering, EA Madden, Harry Potter Hogwarts Mystery, Marvel Strike Force, Modern Warfare 3, and Skylanders. Mythical’s current games Blankos Block Party and NFL Rivals are already played by millions of consumers worldwide and create a new economy for players allowing them to engage in a new way with games but also directly trade and transact safely with other players worldwide.
The Mythical Marketplace, the first in-game blockchain Marketplace on iOS and Android, provides gamers with ownership and control over the purchase and sale of digital assets, while the Mythical Platform protects gamers that may be new to blockchain through a custodial wallet for their digital items.
Floki Scores Pitchside Ad Campaign in Rugby Super League
Miami, Florida, January 21st, 2025, Chainwire
Floki has launched an ambitious pitch side LED advertising campaign in the Rugby Super League, the premier competition of the British Rugby League.
The campaign will feature 150 minutes of LED ads across the 2025 season, with an estimated 110 million impressions in the UK alone. These figures exclude BBC-broadcasted matches, which typically see even higher viewership, as well as international audiences.
Rugby League fans often align with the profile of potential crypto investors — they are typically well-off, brand-conscious, and community-oriented.
In the UK, Sky Sports remains the primary broadcaster for the Super League and has increased its live game coverage to 170 matches for the 2025 season.
The BBC adds to this with 15 live matches a year, plus highlights and regional coverage, increasing its reach in the UK.
Internationally, the Super League’s reach continues to grow. For the 2024 season, broadcasting agreements were announced in key regions such as Australia, Canada, Asia, and Africa. Channels like Fox Sports, NITV, Rogers Media, Premier Sports Asia, and ESPN Africa are helping expand the league’s global footprint.
Floki’s campaign will appear in approximately 50 matches throughout the Super League season, starting with major fixtures like Wigan Warriors vs. Leigh Leopards on February 13 and concluding with marquee games such as Wigan Warriors vs. Warrington Wolves in Las Vegas on March 1.
Domestic TV audiences for Super League games can reach up to 600,000 viewers per match.
An Untapped Space
Unlike other sports saturated with crypto sponsorships, Rugby League offers a relatively untapped space, allowing Floki to stand out and forge stronger connections with fans. This lack of competition in the crypto advertising space provides Floki with the opportunity to create impactful brand associations.
With the Super League’s growing global reach and dedicated fanbase, this campaign positions Floki to increase its visibility and strengthen its presence in both the sports and crypto sectors.
About Floki
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Learn more at floki.com.
Exciting Crypto Updates: New Listings on SimpleSwap
George town, Cayman Islands, January 21st, 2025, Chainwire
SimpleSwap, a non-custodial cryptocurrency exchange, facilitates secure and user-friendly crypto transactions. Providing access to over 2,500 cryptocurrencies, the platform supports portfolio diversification and the exploration of blockchain projects. In the past month, SimpleSwap has added several new cryptocurrencies, enhancing its range of supported assets.
New Coin Additions to SimpleSwap
SimpleSwap’s recent coin listings demonstrate its ongoing efforts to incorporate emerging blockchain projects and broaden trading options for users. These integrations expand the platform’s offerings and provide users with access to new assets in the evolving cryptocurrency space.
Here’s the full list of newly added cryptocurrencies:
Thena (THE)
Across Protocol (ACX)
LESTER (LESTER)
Ai16zeliza (ELIZA)
Tron Bull (TBULL)
Berry (BERRY)
Legend of Arcadia (ARCA)
PiggyPiggyCoin (PGC)
Blast Royale (NOOB)
MemeFi (MEMEFI)
HashKey Platform Token (HSK)
Major (MAJOR)
Bitfinity Network (BTF)
Morpho (MORPHO)
Urolithin A (URO)
RWA Inc (RWA)
Shieldeum (SDM)
Zircuit (ZRCERC20)
Kima (KIMA)
World of Dypians (WOD)
Maple Finance (SYRUP)
cheqd (CHEQ)
Supra (SUPRA)
Just a chill guy (CHILLGUY)
Moongate (MGT)
INK Finance (QUILL)
GOATS (GOATS)
Toshi (TOSHI)
XION (XION)
SPX6900 (SPX)
Stonks (STNK)
Ava AI (AVAAI)
Department Of Government Efficiency (DOGEGOV)
HappyCat (HAPPY)
First Convicted Raccon Fred (FRED)
Pencils Protocol (DAPP)
Zircuit (ZRC)
LETSTOP (STOP)
ApeX Protocol (APEX)
Bybit Staked SOL (BBSOL)
Virtuals Protocol (VIRTUAL)
Mantle Restaked Ether (CMETHERC20)
Mantle Restaked Ether (CMETH)
ZAP (ZAP)
WELL3 (WELL3)
MetalCore (MCG)
Aark (AARK)
ANDY (ETH) (ANDYERC20)
Shrub (SHRUB)
Gems (GEMS)
LCX (LCX)
Each new coin addition has been carefully vetted to meet SimpleSwap’s quality standards, ensuring security and reliability for its users. With this expanding selection, the platform offers something for everyone interested in DeFi, blockchain gaming, and different crypto projects.
SimpleSwap Key Features
SimpleSwap offers a crypto trading experience and features designed for both beginners and experienced users.
Cryptocurrency support. The platform supports over 2,500 coins and tokens, offering one of the largest selections in the industry.
Cashback in USDT. The platform offers up to 0.05% cashback in USDT on every swap for registered users.
Fiat-to-Crypto swaps. Users can seamlessly purchase crypto using Visa or Mastercard.
Cross-chain transactions. SippleSwap supports exchanging cryptocurrencies across multiple blockchains.
Fast transactions. As a non-custodial platform, SimpleSwap ensures quick swaps sent directly to user wallets.
Flexible rates. On the platform there is an opportunity to choose between fixed and floating exchange rates for optimal control over transactions.
24/7 customer support. A dedicated team is always available to help with questions or issues.
These features enable users to manage their assets efficiently while enjoying a smooth, secure, and hassle-free experience.
Growth in the Blockchain Ecosystem
SimpleSwap’s commitment to the blockchain community extends beyond its platform. Through partnerships and engagement with the crypto ecosystem, the exchange contributes to ongoing developments in the industry. Regular updates about new listings, collaborations, and special announcements are shared through SimpleSwap’s social media channels.
About SimpleSwap
SimpleSwap is a trusted non-custodial cryptocurrency exchange dedicated to simplifying crypto trading for users worldwide. With support for fiat-to-crypto transactions, cross-chain swaps, and an extensive lineup of over 2,500 cryptocurrencies, SimpleSwap empowers users to navigate the Crypto World confidently.
Stablecoin-Powered SuperApp El Dorado Crosses 500,000 Users
Buenos Aires, Argentina, January 21st, 2025, Chainwire
El Dorado, Latin America’s leading SuperApp for stablecoin payments, celebrates significant milestones that validate its mission of bridging the interoperability gap between stablecoins and LATAM’s top finance apps. With its peer to peer USDT marketplace, El Dorado is fostering access to digital dollars and seamless cross-border payments in the region.
Venezuela’s Most-Downloaded Crypto App
In 2024, El Dorado P2P was the most-downloaded cryptocurrency app in Venezuela, as people embraced Tether as the digital dollar, an everyday means of payments, and a hedge against the country’s currency devaluation. The platform also ranked among the Top 5 finance apps across the country, with over 28,000 reviews on Google’s Play Store, underscoring its growing reputation and adoption.
A Stablecoin-Powered SuperApp for Latin America
El Dorado’s SuperApp connects stablecoins like Tether (USDT) and MountainUSD (USDM) to the region’s top 70 finance apps. By bridging the interoperability gap between digital dollars and Latin America’s traditional financial system, the company has become the region’s leading peer-to-peer stablecoin marketplace, having powered over three million transactions in digital dollars; Tether.
Guillermo Goncalvez, Co-founder and CEO of El Dorado, highlighted the company’s growth and impact: “In just two years, we’ve gone from $0 to $2.7 million in Annual Recurring Revenue (ARR), showcasing the power of our marketplace’s network effects, and the trust we’ve earned from users. By solving the interoperability gap, we’re creating freer currency markets and enabling cross-border transactions that were previously costly or inaccessible.”
Record-Breaking Growth
With over 500,000 downloads on Google’s Play Store and the App Store combined, and more than 500,000 users, El Dorado has demonstrated its ability to meet the needs of Latin America’s dynamic financial landscape.
Alessandro Cecere, Co-founder and CMO of El Dorado, reflected on the platform’s rapid expansion: “The explosive growth we’ve seen over the last two years—including a 12x increase in ARR in 2024, and over 600,000 downloads—is a testament of our unique multi-channel acquisition strategy, and an excellent product that allows us to onboard new users to stablecoins across Latin America.”
The platform’s integration of stablecoins with local financial networks has addressed critical challenges like currency instability and high remittance costs. By providing a seamless way to convert local currencies into digital dollars, El Dorado empowers users to participate in freer, more efficient cross-border payments.
Piloting Gasless USDT Transactions With Tron DAO
In collaboration with Tron DAO, El Dorado successfully piloted one of the first gasless transactions using USDT. This campaign eliminated network fees for users, making digital dollars more accessible and affordable for cross-border payments. The gasless model marks a significant step forward in reducing barriers to entry for users across Latin America, ensuring seamless financial interactions without the hidden costs typically associated with blockchain technology.
Introducing USDM Self-Custodial Wallets
El Dorado has partnered with Mountain Protocol and Safe to enable a USDM self-custodial wallet. This wallet allows Latin American users to securely store their digital assets while providing access to U.S. Treasuries. By bridging the gap between traditional finance and blockchain, this collaboration offers users the opportunity to participate in stable and high-quality financial instruments previously unavailable to many in the region.
Partnering with Arbitrum Foundation for Faster Transactions
Through a strategic partnership with the Arbitrum Foundation, El Dorado is enabling cheaper and faster ways to move digital dollars, such as Tether (USDT), for over 600,000 Latin Americans. The collaboration leverages Arbitrum’s efficient and scalable blockchain infrastructure to reduce transaction costs and improve speed, empowering users to send and receive digital payments without friction.
Looking Ahead
As El Dorado builds on its success, the company is dedicated to furthering its mission of interoperability and financial inclusion. Upcoming initiatives include expanding partnerships with local financial institutions, launching educational programs on stablecoin adoption, and introducing new features for cross-border and B2B payments powered by Tether. These efforts aim to empower underserved communities and foster a more resilient financial ecosystem in Latin America.
About El Dorado
El Dorado is Latin Americans’s leading Stablecoin-Powered SuperApp that enables users to buy, sell, and use stablecoins like USDT and USDM across Argentina, Bolivia, Brazil, Colombia, Panama, Peru, and Venezuela. With a focus on interoperability, simplicity, and financial inclusion, El Dorado is transforming how people in the region transact and manage their finances.
For more information, users can visit El Dorado or contact the team at [email protected]
$5 Billion Asset Manager Files for Crypto ETFs Offering Exposure Other DOGE, BONK, TRUMP and Others
A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.
According to recent filings, first reported by Bloomberg Senior ETF analyst Eric Balchunas, the firm is looking to offer funds offering exposure to DOGE, BONK, and even Donald Trump’s recently launched “official” memecoin TRUMP. The firm is also seeking approval for ETFs tracking established cryptocurrencies like bitcoin, ether, solana, and XRP.
Eric Balchunas on X
The move comes amid a significant shift at the U.S. Securities and Exchange Commission (SEC) after the departure of Chair Gary Gensler and with Mark Uyeda, who has called the regulator’s approach to crypto enforcement as “poorly conceived” under Gensler, being appointed as interim Chair.
REX Shares offers a range of exchange-traded products and has existing ties with the cryptocurrency space through Osprey Funds, which managed leveraged BTC, ETH, and MicroStrategy funds.
In a March speech, Uyeda and fellow SEC Commissioner Hester Peirce said that the “environment we have created for the crypto asset markets, especially as it relates to secondary trading, is untenable.”
Sonic Labs Announces $250,000 Sonic DeFAI Hackathon in Partnership With DoraHacks and Zerebro
George Town, Cayman Islands, January 21st, 2025, Chainwire
Sonic Labs, the team behind the highest-performing EVM L1 blockchain Sonic, announced the launch of the Sonic DeFAI Hackathon, in partnership with DoraHacks, a global hackathon organizer, and Zerebro, an autonomous AI agent.
With $250,000 in prizes, the hackathon invites participants to compete over four weeks to create novel AI agents that perform both social and on-chain actions, further accelerating the development of DeFAI (decentralized finance and AI) on Sonic.
Hackathon submissions open today, January 21, 2025, and will close on February 24, 2025. Winners will be announced in early March.
Empowering AI and Blockchain
DeFAI is a term that combines AI and blockchain technology. For example, AI agents on a blockchain can handle complex tasks through simple commands, such as bridging assets, swapping tokens, and depositing liquidity — all autonomously in one step. Other AI agents may manage social media accounts and execute marketing strategies efficiently.
The ambition of the Sonic DeFAI Hackathon is to harness AI frameworks in ways that transform how we interact with blockchain technology. From managing social media accounts to executing on-chain actions, AI agents have become the new frontier of innovation in the blockchain space.
Sonic’s unmatched transaction speed (10,000 TPS) and sub-second finality ensure that AI agents can execute complex, real-time actions seamlessly.
“The Sonic DeFAI Hackathon is a groundbreaking initiative that merges cutting-edge AI capabilities with the transformative power of blockchain. With $250,000 in prizes, we aim to inspire creators worldwide to redefine DeFi through AI agents.” — Luis Fausto, Content Lead, Sonic Labs
Application Process and Submission Guidelines
To participate, developers can visit the Sonic DeFAI Hackathon page on DoraHacks where the hackathon is hosted. Participants must follow the application process below.
Timeline: Participants have four weeks to develop and finalize their projects. The submission deadline is February 21, 2025.
Video Demo: Each team must submit a three-minute demo video showcasing their agent via YouTube, Vimeo, or Google Drive.
Repository Link: A link to the project’s code repository is required.
A panel of industry experts will evaluate and judge the submissions, including Michael Kong (CEO, Sonic Labs), Seg (Developer Relations, Sonic Labs), Jeffy Yu (Founder, Zerebro), Ayoub (Lead Engineer, Zerebro), and Daniele Sesta (Founder, Hey Anon). Additional judges may be announced before the submission deadline.
Submissions will be judged using the following criteria:
Technological Implementation: Does the integration with Sonic demonstrate quality software development?
Design: Is the project’s user experience and design thoughtfully crafted and intuitive?
Potential Impact: What is the potential scale of the project’s influence on the blockchain industry?
Quality of the Idea: How creative and unique is the project?
Prizes and Awards
A total of $250,000 in prizes will be distributed to winning projects across several categories:
Top 3 Agents
First Place: $60,000
Second Place: $55,000
Third Place: $45,000
Honorable Mentions (2): $15,000 each
Additionally, several opportunities for bonus prizes are available to all participants. The top 3 winners are also eligible for bonus prizes if their agents fall into specified categories.
Best Social Agent
Winner $12,500
Runner-Up: $7,500
Best DeFAI Agent
Winner $12,500
Runner-Up: $7,500
Best Tooling Agent
Winner $12,500
Runner-Up: $7,500
Support for Participants and Winners
Throughout the hackathon, participants will have access to comprehensive guidance on idea development, AI frameworks, and project setup. This includes technical support for ZerePy, an open-source Python framework developed by Zerebro for creating on-chain and social agents. The Sonic chain has been fully integrated with ZerePy for easy and efficient agent building.
The winning teams will receive additional perks, including marketing exposure via official Sonic Labs social media channels and other promotional opportunities to help bring their agents to a larger audience.
“By leveraging the power of AI agents, we can simplify processes that were once complicated and redefine how users interact with DeFi. This hackathon is about building that future today.” — Jeffy Yu, Founder, Zerebro
For more information or to register for the hackathon, users can visit the Sonic DeFAI Hackathon page and join the official Telegram group.
About Sonic
Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure for DeFi, powered by the S token. The chain provides 10,000 TPS and sub-second confirmation times.
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world’s most active developer incentive platforms. It creates a global hacker movement in blockchain, quantum computing, and space tech, and provides a wide range of toolkits to help developers around the world team up and fund their ideas and BUIDLs via hackathons, bounties, grants, idea networks, developer games, and more.
About Zerebro
Zerebro is an AI agent that autonomously manages actions across domains like social media and blockchain, adapting based on experience to deliver highly personalized results. Its open-source framework, ZerePy, lets users deploy custom AI agents in minutes for a seamless, flexible experience.
Obol Airdrops Ethereum Solo Stakers & Community to Build Largest Decentralized Operator Ecosystem
Lisbon, Portugal, January 21st, 2025, Chainwire
Today the Obol Collective announced its Decentralized Operator Ecosystem (DOE) and airdropped the new OBOL Token to thousands of Ethereum solo stakers, Rocketpool node operators, Obol Techne Credential holders, and other core community members.
The DOE, consisting of over 600 credentialed mainnet distributed validator (DV) operators and 3000+ testnet DV operators, aims to scale and decentralize infrastructure networks as it has done for major Ethereum protocols. In addition, the launch of the OBOL Token seeks to decentralize ownership and initiate governance within the Obol Collective. With these moves, Obol is supporting the Ethereum node operator community with additional opportunities while scaling decentralized infrastructure networks.
Obol distributed validators (DVs) have significantly reduced Ethereum’s centralization risks, with over 600 mainnet operators running more than 1,000 nodes, collectively securing over $700 million of Ethereum stake. DVs reduce barriers and create opportunities for home operators, and enabled leading liquid staking protocols such as Lido & EtherFi to expand the size of their operator sets by tenfold. Notably, home operators running DVs outperform professional operators using traditional validators. At DevCon 2024, Ethereum co-founder Vitalik Buterin acknowledged the pivotal role of Obol’s Squad Staking for democratizing access for at-home operators.
With the Decentralized Operator Ecosystem (DOE) now a proven model for scaling operator networks and empowering home operators, Obol is expanding to Gnosis Chain, and actively exploring additional use cases on Monad and Ethereum L2s.
The OBOL Token will serve as the backbone of the Collective’s governance, operations, and incentive mechanisms. To decentralize ownership and governance of the Obol Collective, a snapshot of stakers and operators was taken on January 13, 2024. This is followed by an airdrop of locked OBOL Tokens on January 21, 2024. The tokens will unlock after the successful completion of the first retroactive funding (RAF) round, carried out via governance.
About The Obol Collective
The Obol Collective is a collection of teams and individuals working together to strengthen the security, resiliency, and decentralization of Web3 infrastructure networks, through the development and deployment of distributed validators.
Users can learn more at obol.org, and blog.obol.org/airdrop
XRP Breaks Out of Key Technical Pattern, Poised for 42% Surge to $4.4 Mark
The native token of the XRP Ledger has, according to a popular cryptocurrency analyst, broken out of a key technical pattern and could soon see its price surge by around 42% to the $4.4 mark.
The price of XRP has broken out of a bullish flag, according to cryptocurrency analyst Ali Martinez, who pointed out that its new price target given the recent breakout is at the $4.4 mark, representing a more than 40% potential upside for the cryptocurrency, which at the time of writing is changing hands around $3.1.
Source: Ali Martinez on X
As CryptoGlobe reported earlier this week, XRP’s market capitalization briefly surpassed that of Wall Street giant Goldman Sachs, reaching a remarkable $193.5 billion. Several factors have contributed to this surge in XRP’s price performance.
A recent report from JPMorgan highlighted the potential for a spot exchange-traded fund (ETF) to attract billions of dollars in investor funds. Additionally, expectations of a more favorable regulatory environment under President-elect Donald Trump’s administration have significantly boosted XRP’s value.
Anticipated policy changes, such as the establishment of a strategic Bitcoin reserve and the appointment of Paul Atkins as the head of the Securities and Exchange Commission (SEC), have instilled investor confidence. Atkins’ reputation as a crypto-friendly figure to lead the regulatory agency, which has been involved in a legal battle with Ripple, a prominent player in the XRP ecosystem, has further contributed to this positive sentiment.
Trump’s pro-crypto stance has led many to speculate that XRP could soon launch a spot exchange-traded fund (ETF) that provides exposure to the cryptocurrency. Several companies, including Bitwise, Canary Capital, WisdomTree, and 21Shares, have already filed for spot XRP ETFs. Ripple’s CEO, Brad Garlinghouse, has expressed the belief that such a fund is “inevitable.”
XRP Whales Prepare to Take Profit After Price Surges Over 40% Year-to-Date
A recent surge in the number of whale transactions on the XRP Ledger suggests that these large token holders are getting ready to take profit after the price of the cryptocurrency jumped more than 40% year-to-date.
A chart showing XRP whale transactions has recently shown a large spike that “aligns with XRP’s sharp price rise to $3.2,” according to CryptoQuant analyst Woominkyu, who added that historically similar whale activity spikes have “been followed by notably market actions, often indicating profit-taking by whales.”
The recent spike, according to the analyst, suggests a “strong likelihood that whales may be positioning themselves for profit realization.”
Source: CryptoQuant
As CryptoGlobe reported, XRP’s market capitalization briefly surpassed that of Wall Street giant Goldman Sachs, reaching $193.5 billion, earlier this week. This surge in XRP’s price performance is attributed to several factors.
A recent report from JPMorgan highlighted the potential for a spot exchange-traded fund (ETF) to attract billions of dollars in investor funds. Additionally, expectations of a more favorable regulatory environment under President-elect Donald Trump’s administration have contributed to the token’s value increase.
Anticipated policy changes, such as the establishment of a strategic Bitcoin reserve and the appointment of Paul Atkins as the head of the Securities and Exchange Commission (SEC), have significantly boosted investor confidence.
It’s worth noting that Atkins is considered a crypto-friendly figure to lead the regulatory agency, which has been involved in a legal battle with Ripple, a prominent player in the XRP ecosystem. This legal dispute centers around Ripple’s XRP sales.
Trump’s pro-crypto stance has led many to speculate that XRP could soon launch a spot exchange-traded fund (ETF) that provides exposure to the cryptocurrency. Several companies, including Bitwise, Canary Capital, WisdomTree, and 21Shares, have already filed for spot XRP ETFs. Ripple’s CEO, Brad Garlinghouse, has expressed the belief that such a fund is “inevitable.”
Vaduz, Liechtenstein, January 21st, 2025, Chainwire
Griffin AI’s Price Analyst debuts as a specialized solution providing real-time insights for over 2,000 crypto assets.
As crypto markets grow more complex, a new wave of AI “agentic” tools is emerging to simplify decision-making. Griffin AI has announced the launch of its Price Analyst, an autonomous agent designed to sift through thousands of crypto assets and provide real-time financial analysis. This new solution aims to help traders and enthusiasts make more informed decisions in a rapidly evolving marketplace.
AI Agents: Changing the face of crypto
Recent advances in AI agentic workflows are enabling specialized tasks previously handled by teams of analysts. By integrating automation, real-time data, and deep learning, these agents can track Bitcoin, explore altcoins, perform swaps, provide liquidity, and much more — all on behalf of their human users.
AIXBT, built on the Solana blockchain, has gained significant attention for offering strategic market insights and automating trend tracking. Similarly, ai16z leverages the open-source Eliza framework for autonomous fund management, illustrating the potential for AI-driven decision-making in decentralized finance (DeFi).
Introducing Griffin AI’s Price Analyst
Griffin AI’s Price Analyst is positioned amongst a new class of autonomous agents designed to harness AI for real-time market analysis. Leveraging an advanced technical framework that integrates large datasets, rigorous validation steps, and automated charting, the Price Analyst delivers both immediate value to traders and a glimpse into the future of AI agent orchestration.
What the Price Analyst delivers for users
Here are a few of the most important key features of Griffin AI’s Price Analyst Agent:
Comprehensive coverage: Tapping into historical and real-time data on over 2,000 crypto assets, the Price Analyst quickly generates short-, medium-, and long-term projections — helping traders spot emerging trends before the wider market reacts.
Time-saving insights: Within minutes, users receive a detailed 6-to-8-page report spanning multiple time horizons. This reduces research and decision-making time from hours to minutes, empowering faster action in volatile markets.
Dynamic visualizations & custom dashboards: Interactive charts enable zooming, hovering over data points, and toggling key indicators. Tailored visual outputs bridge the gap between raw data and actionable insights, offering a personalized view of market dynamics.
Advanced technical indicators: From MACD and RSI to Bollinger Bands and moving averages, the Price Analyst combines a deep library of signals, automatically interpreting them against current and historical price action.
Actionable guidance: By analyzing thousands of data points, charts, and indicators, the agent delivers precise insights — eliminating the need for users to be technical-analysis experts.
Technical capabilities under the hood
Here is a breakdown of the technical functioning of the Price Analyst.
Real-Time data integration: The Price Analyst continuously draws on a large, rapidly updating dataset (over 33 million data entries across all assets, expanding by the hour). This ensures that insights reflect the latest market moves.
Automated chart generation & self-analysis: Beyond processing raw numbers, the Price Analyst autonomously plots interactive charts, “visualizing” patterns in the data. It then applies advanced chart-reading logic to interpret trends, support/resistance levels, and volatility shifts.
Expert system architecture: Beneath the surface, a specialized rule-based framework replicates the behavior of a seasoned technical analyst. By correlating volume breakouts, moving average crossovers, and other indicators, the agent delivers a coherent, data-backed market narrative.
AI validation & cross-referencing: Each step of the agent’s reasoning involves data verification. Inconsistencies trigger reanalysis to ensure conclusions are built on solid technical grounds, addressing the common AI challenge of “hallucinations.” A robust data layer further cross-verifies AI-driven outputs, minimizing misleading recommendations.
By uniting these user-focused features with an equally robust technical infrastructure, Griffin AI’s Price Analyst not only delivers immediate value to traders but also highlights the potential of modular AI agent design in the crypto space.
“We’re introducing a framework that sets the stage for truly autonomous, blockchain-based AI,” says Oliver Feldmeier, CEO of Griffin AI. “The Price Analyst offers real-time insights for traders, and provides the foundational layer for building more sophisticated, modular agents that can handle complex on-chain tasks independently.”
A modular base agent for the future
The Price Analyst is far more than an end-user product; it’s also a modular base agent designed for further development. As Griffin AI moves toward its vision of allowing anyone — technical or not — to build their own blockchain-based AI agent, these plug-and-play modules serve as critical building blocks for next-generation DeFi tools.
Available Now on Griffin AI Playground
Over 230,000 users have already accessed the Griffin AI Playground, engaging with cutting-edge agents like the Price Analyst for testing and training. The platform’s active points program incentivizes user participation, rewarding early adopters for exploring and stress-testing these advanced tools. This vibrant ecosystem demonstrates Griffin AI’s commitment to fostering innovation and user collaboration in shaping the future of AI-driven crypto solutions.
Users can explore and stress-test various AI agents in the Griffin AI Playground, earning points and gaining familiarity with the platform.
About Griffin AI
Griffin AI specializes in integrating artificial intelligence with blockchain technology, creating an innovative platform for the deployment, use, and monetization of decentralized AI agents. Serving individual developers, non-technical creators, and large organizations alike, Griffin AI provides essential tools for the development and monetization of autonomous AI agents within a blockchain environment. Griffin AI is committed to leading the transformation of the DeFi AI landscape through its robust and innovative solutions.