Decentralized

MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer

Optimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard and MIT to jump from the world of academia into the commercial crypto arena. The …

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Kava Labs’ Scott Stuart: Decentralized AI Delivers Real Value, Not NFT Style-Hype

Artificial Intelligence tokens have long-term staying power and won’t be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava Labs co-founder Scott Stuart said in an interview with …

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How the Hype for HyperLiquid’s Vault Evaporated on Concerns Over Centralization

Just two months ago, the total value of funds locked (TVL) on HyperLiquid, a decentralized derivatives exchange (DEX) that allows traders to generate returns by staking to a shared vault, sat at a record $540 million. Now, users are fleeing, TVL …

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The Protocol: Movement Labs Develops Dev Mainnet

Also: SSV DAO Unveils “SSV 2.0”; Cardano Hard Fork

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