NEO
Neo is an open-source blockchain-based platform for the smart economy. Neo consists of a set of tools and services. (1) The consensus algorithm, which is dBFT2.0, a variation of the classic BFT algorithm. (2) A virtual machine, which claims to be lightweight, cross-platform, and scalable. (3) Smart Contract, which supports multi-languages. (4) Identity Protocol. (5) Distributed storage system, which is for the storage of on-chain data applications. (6) The voting mechanism, which mimics the real-world voting mechanism. (7) Oracle, which offers standardized external data to the Neo blockchain. You can think of it as the door to data of the outside world. (8) Token
OpenAI-Backed 1X's $100M Funding Paves Way for Home Robot Revolution
1X, a Norwegian AI startup, recently announced a substantial $100M Series B funding, significantly expanding its financial resources since the OpenAI-led $23.5M Series A. This infusion of capital is set to revolutionize home robotics with the introduction of NEO, 1X's new android designed for domestic tasks.
Bankless: Solana's Resilience and Prospects Amid Market Challenges
Solana has navigated through a challenging bear market and technical issues to emerge stronger in 2023. With improved network performance, diversification into new sectors like NFTs and AI, and upcoming developments like Neon EVM and Solang, Solana's future appears promising despite past setbacks.
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.
INX to renew Share and Token Repurchase Programs
INX announced the renewal of its normal course issuer bid (NCIB) to repurchase common shares and INX Limited's token repurchase program.
Alerting! CoinList's Twitter Account Hacked
Crypto platform CoinList's Twitter account was hacked on July 22, 2023. Neon EVM alerted users to avoid clicking any links.
Cryptocurrency Community Debates Fallout from Closure of Major American Banks
The closure of three major American banks that serve cryptocurrency firms, including Silicon Valley Bank and Signature Bank, has sparked debate within the cryptocurrency community. The closure of Silicon Valley Bank, which held over $3.3 billion of USD Coin issuer Circle's $40 billion reserves, has caused particular concern. As a result, the cryptocurrency ecosystem is now exploring neobank services and other options to bridge the gaps exposed by the latest mainstream banking failure.
Latin Grammy Awards to Launch NFT Collections in Partnership with OneOf
Latin Grammy Awards has announced its partnership with OneOf, a next-generation NFT platform.
Neo-Banking Crypto Startup Juno Raises $18M in Series A Funding Round
The India’s neobank is seeking to use the funds towards accelerating its growth and launching more products.
3AC Withdraws $45m from Curve and Convex amid Bankruptcy
Three Arrows Capital (3AC) might have declared bankruptcy, but the firm is still conducting a number of robust transactions according to insights derived from on-chain data.
Crypto-Friendly Revolut under Pressure after UK Regulators Find Audit Flaws
Revolut has been flagged as being at risk of not meeting auditing requirements.