Search results for "NEAR"

The Near community has proposed to reduce the maximum inflation rate of NEAR from 5% to 2.5%, currently only 7.42% in favor.

PANews reported on June 25th that the Near community proposed a plan to improve the NEAR Token economy through dropInflation, aiming to reduce the maximum inflation rate from 5% to 2.5%, with future flexibility for adjustments. If about 0.1% of the transaction fees are burned, the actual inflation rate will drop to 2.4%, and the dropstake yield may incentivize Tokenholders to participate in Decentralized Finance. The proposal points out that the current fixed 5% annual inflation rate of NEAR is causing an increase in circulating Tokens, dilution of equity, and devaluation of the Token due to insufficient transaction fee burn. However, the current support rate for the proposal is only 7.42%, with 36 days and 22 hours left until the vote ends. Opponents argue that reducing validator incentives by 50% will make validator nodes unprofitable, leading to a decrease in the number of validators and stakeholders. They also do not believe that there is a strong correlation between the inflation rate and price performance.
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The NEAR Network DefAI platform Delta Trade now supports the Solana chain

NEAR DefAI platform Delta Trade now supports the Solana chain, providing automated trading functions. The platform features grid robot automatic buying and selling, DCA regular purchasing, preparing to launch swing bot, chain abstraction to achieve multi-chain support. Activities include operating a points system on the Solana chain, supporting users to customize trading pairs and conduct DCA trades on the NEAR chain. The UI design is similar to the Windows XP interface.
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Satoshi Ramp mainnet supports BTCCross-Chain Interaction to NEAR network

According to official sources, the Satoshi Ramp Mainnet supports BTC Cross-Chain Interaction to the NEAR network. Its features are: -Each transaction requires 2 BTC block confirmations; -2 to 3 USD transaction fee; -Use BTC as Gas fee; -No need for a NEAR wallet, just 1 Bitcoin wallet Every DApp integrated on NEAR that incorporates the Satoshi protocol allows users to transact their BTC using a Bitcoin wallet.
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Tether: Will coordinate with multiple exchanges to transfer over 2 billion USDT from cold wallets to the Ethereum blockchain.

Odaily Planet Daily News, Tether announced that it will coordinate with multiple exchanges to transfer more than 2 billion USDT from cold wallets to Ethereum. The total amount of USDT will not change during the process. Among them, there are 1 billion TRC20, 600 million AVAX, 300 million NEAR, 75 million CELO, and 60 million EOS.
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NEAR Protocol: TruFin has launched its institutional-grade Liquiditystake solution TruStake based on the network.

Jinse Finance reported, NEAR
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Nuffle Labs is collaborating with EigenLayer to develop a new protocol, Nuff Protocol.

According to Jinse Finance, the independent entity Nuffle Labs, which separated from the NEAR Foundation, announced its cooperation with Eigen Layer. The NEARDA and NFFLAVS teams are developing a new protocol Nuff.
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Decentralization automated trading project DeltaTrade launches DCA function

DeltaTrade, the Decentralization automatic Cryptocurrency trading project on NEAR, officially launched the DCA feature to meet the needs of the general market downturn. The project will also be launched on the Solana chain in the near future.
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NEAR ecosystem currency market protocol Burrow updated to V2 version

On July 3rd, NEAR's ecological currency market protocol Burrow has been updated to version V2, with main features including xBRRR collateral, using LP tokens as collateral, simplified margin trading, single token net liquidity (STNL) for the growth of new tokens, and seamless asset cross-chain through Stargate and Aurora integration.
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Grayscale launched a Decentralization AI fund with a management scale of 1.05 million dollars.

According to the Gate.io News bot, as reported by Wu, Grayscale has officially opened its decentralized AI fund to accredited investors. This fund focuses on the intersection of AI and Crypto Assets, and currently has a portfolio that includes six crypto assets: NEAR accounts for 24.54%, TAO for 27.18%, RENDER for 22.75%, FIL for 17.26%, GRT for 8.27%, and LPT. The fund has set a management fee rate of 2.5%, and the current Assets Under Management is approximately $1.05 million.
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encryptionAI startup GAIB completes $5 million pre-seed financing

Encryption artificial intelligence startup GAIB has completed a $5 million pre-seed financing, led by Hack VC, Faction VC, and Hashed, with participation from several well-known institutions and individual investors.
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$AURORA price pump 30.59%, possibly influenced by cooperation with Secret Network gate News: Secret Network announced on social media that it has established a new partnership with Aurora. According to Secret Network, this collaboration will include integrating its confidential computing layer into the next generation Block chain Aurora based on the NEAR protocol, providing comprehensive support such as confidential computing support, documentation, and tools. As a result, the price of $AURORA rose by more than 30%. gate data shows that the price of $AURORA has pumped 30.59% in the last 24 hours, with the current price at $0.1386, market cap at $79.91M, and 24-hour volume at $757.68K.
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NEAR Foundation and Delphi Labs jointly launch a new AI accelerator

Odaily Star Daily News According to official sources, NEAR Foundation and Delphi Labs jointly launched a new AI.
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AI concept currencies rise across the board: ARKM up 17.4% in 24 hours, TAO up 10.8% in 24 hours

Concept coins related to AI are showing strong momentum, with ARKM rising by 17.4%, IQ rising by 24.1%, AGI rising by 22.8%, etc. NEAR, TAO, GRT, RENDER, and other currencies also demonstrate gains.
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Orderly will be upgraded in 30 minutes, and the system will be briefly suspended

Golden Finance reported that Orderly Network announced that the upgrade will start in 30 minutes, and the EVM chain downtime will be from 16:00 to 15:00 on August 27th, and the NEAR chain downtime will be from 15:00 to 16:00 on August 27th.
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The Grayscale Decentralization AI Fund is now open to accredited investors.

Odaily News GrayScale announced on the X platform that its GrayScale Decentralized AI Fund is now open to accredited investors, allowing for diversified investments in the cross-field of AI and encryption through fund holdings, including: NEAR, TAO, RENDER, FIL, GRT, LPT.
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$NEAR price pump 9.51%, possibly due to Near Protocol's announcement of building a 1.4T parameter AI model plan gate News: According to Cointelegraph, Near Protocol has announced plans to build a groundbreaking 1.4 trillion parameter AI model. The model was announced at the Redacted conference in Bangkok, and its scale will be 3.5 times that of Meta's current Llama model, and will be developed through a new collaboration with the Near AI research center, sparking enthusiasm in the encryption and AI communities. Driven by the overall bullish sentiment in the market, the $NEAR price further pumps. According to Gate.io, the price of $NEAR has pumped 9.51% in the past 24 hours, with the current price at $5.039. The market capitalization is $5.98B, and the 24-hour volume is $104M.

Snowden calls for Decentralization, questioning the potential impact of VC on Solana

Edward Snowden, the whistleblower of the Prism program, talked about the importance of decentralization and blockchain technology at the Near Redacted conference. Taking Solana as an example, he pointed out that excessive VC funding may hinder its ability to operate independently, but also mentioned its potential for future achievements. Snowden emphasized the importance of decentralization, especially in combating the extensive surveillance capabilities brought by artificial intelligence.
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NEAR: Network upgrade to boost token price by 23% Despite a 2% market decline today, NEAR continues to rise. According to data, the platform's native token NEAR has surged nearly 23% since last week. This is largely attributed to positive on-chain development, indicating that the altcoin has sufficient strength to maintain its current position in the market. Just recently, NEAR announced the deployment of its acclaimed 'innovative Sharding design' Nightshade 2.0 on the platform's mainnet, further enhancing the powerful and reliable system that users have enjoyed for years. According to a recent blog post, the network upgrade introduced stateless validation, which is the new Sharding architecture of the protocol. This new architecture improves the performance of the network's individual Sharding. NEAR has deployed six Sharding on the network, with the goal of reaching ten by the end of the year. It also dropped the hardware requirements to become a validator. Nightshade 2.0 has improved the validator experience by eliminating the need to track all Sharding of NEAR, thereby stimulating the growth of encryption currency validators. NEAR Protocol leader Bowen Wang said, "In particular, the new Sharding implementation has paved the way for a significant increase in the already fast transaction throughput of the token." NEAR Protocol co-founder and NEAR Foundation CEO Illia Polosukhin said that this network upgrade addresses the "fundamental bottleneck problem of how to achieve scalability while maintaining availability and security on most L1s." As the market experienced a downturn in today's trading activity, NEAR is currently in a bearish trading state as the token has been rejected at the $5.2 upper limit, shifting the momentum towards the short side. This will inevitably result in short-term losses. With the market declining, the momentum is turning towards the Bear Market, which, if sustained, will continue to affect the performance of encryption currencies. However, recent developments with NEAR may alleviate fears, uncertainties, and doubts as they contribute to the long-term growth of the network. Once the effect of Nightshade matures, NEAR will have a solid foundation to enhance investor confidence. Currently, NEAR may take two paths in the midterm. If the market rebounds after the current downturn, it may break $5.7 in the next few weeks. However, if the decline continues to worsen, NEAR may fall back to $3.8, and in the worst case scenario, $3.0. Currently, investors should carefully monitor the overall market trends as any fluctuations may affect the performance of altcoins. (Data Source: Christian Encila)
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OM CEO announces that the token burning plan will be revealed soon, and the buyback plan is currently underway.

Gate.io News bot, according to BWENEWS, OM CEO JP Mullin posted on social media that the details of OM's token burn plan have entered the final stage, and relevant information will be announced in the near future. At the same time, the token buyback program is also being actively promoted. JP Mullin said: "The burn program details are in the final stages, and will be shared in the near future. Buyback program also well underway. We are working around the clock for the Sherpas/OMies."
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encryption借贷protocolTemplar Protocol completed a $4 million Pre-Seed round of financing

Templar Protocol completed a $4 million Pre-Seed funding round, aiming to develop an encryption lending platform that allows users to borrow assets such as Bitcoin without relying on centralized institutions. The team plans to launch the protocol in the second quarter of 2025 and will expand support to more assets in the future, enhancing privacy features.
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Near Protocol announced full compatibility with MetaMask, the ETH wallet provider.

Odaily Planet Daily News According to Cointelegraph disclosed on X platform, Near Protocol has announced a partnership with ETH Wallet provider MetaMask
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Jinse Caijing reported that NEARprotocol announced that the NEAR mainnet has become fully compatible with MetaMask, the ETH wallet provider, as a non-EVM chain.
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DWF Labs received 697,670 NEAR 30 minutes ago

Golden Finance reported that, according to Lookonchain monitoring, DWF Labs received 697,670 NEAR tokens worth about 300
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Nillion announces integration with NEAR, introducing blind computing and blind storage

Odaily Star Planet Daily News. Privacy and security computing network Nillion announced that it is integrating with NEAR, introducing blind computing and blind storage to the protocol. By combining Nillion's blind computing with NEAR's transaction processing, Nillion and NEAR will support modular data privacy, private data management, and private...
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Carbon neutrality Block chain platform OFP completed seed round financing, Übermorgen Ventures led the investment

The carbon-neutral Block chain platform Open Forest Protocol (OFP) has completed its seed round of financing, led by Übermorgen Ventures, with participation from BackBone Ventures, GS Futures, Bloom Foundation, NEAR Foundation, and Foundation Valery. OFP provides no upfront cost, Open Source, network-based and on-chain carbon credit verification and issuance, driving the future of on-chain natural assets.
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Nuffle Labs releases its technology roadmap and will launch the NFFL mainnet in early Q3.

Nuffle Labs has released its technical roadmap, which will focus on providing modular infrastructure for other projects, with plans to complete in the last two quarters of 2024. This includes launching the NEAR Mainnet for rapid finality, developing the NFFL application for Cross-Chain Interoperability, specifying hardware requirements for NEAR validators, and introducing new protocols such as Chain Signatures. Previously, Nuffle Labs completed a strategic financing of $13 million, building the data availability layer for NEAR, the NEAR rapid finality layer, and other products in the NEAR modular product suite.
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Odaily Planet Daily News According to the on-chain analysis platform OurNetwork, the number of daily active addresses on multiple blockchain networks continued to rise in the first half of the year. NEAR and TRON each have over 2 million daily active addresses; Solana has over 1.5 million daily active addresses; TON and SUI networks also experienced significant growth, with the former surpassing 1.25 million daily active addresses at one point, and the latter remaining stable at around 500,000 daily active addresses.
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Cross-border remittance app Abound completes $14 million financing, led by NEAR Foundation.

Odaily News Cross-border remittance application Abound announced the completion of a $14 million financing round, led by NEAR Foundation, with participation from Circle Ventures, Times Internet, and other investors. The company plans to use the new funds to expand its business scope, increase product variety, and improve its technological infrastructure, as well as gradually enter markets such as Canada, Singapore, and the UAE. (TechCrunch)
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Remittance app Abound raises $14 million in seed funding, with participation from Circle Ventures and others.

Gate News bot message, according to CoinDesk, the cross-border remittance application Abound has completed a $14 million seed round of financing. Investors in this round include Circle Ventures and Near Foundation. Abound is a project incubated by the digital agency under India's Times Group, focusing on providing cross-border remittance services for Non-Resident Indians (NRI). The company stated that it will use the funding to expand key personnel and upgrade its technological infrastructure.
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The cross-border remittance application Abound has completed a $14 million financing round, led by the NEAR Foundation.

According to ChainCatcher news and a report by TechCrunch, the cross-border remittance application Abound announced the completion of a $14 million financing round, led by the NEAR Foundation, with participation from Circle Ventures, Times Internet, and other investors. The company plans to use the new funds to expand its business scope, increase the variety of products, and improve its technological infrastructure, and it plans to gradually enter markets such as Canada, Singapore, and the UAE.
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The cross-border remittance application Abound has completed a $14 million financing round, led by the NEAR Foundation.

Odaily News Cross-border remittance app Abound announces the completion of a $14 million financing round, led by NEAR Foundation, with participation from Circle Ventures, Times Internet, and other investors. The company plans to use the new funds to expand its business scope, increase product variety, and improve its technological infrastructure, and it aims to gradually enter markets such as Canada, Singapore, and the UAE. (TechCrunch)
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NEAR co-founder: will speak again at the NVIDIA GTC conference this year

Odaily Planet Daily News NEAR co-founder Illia Polosukhin said at X that he will once again speak at the NVIDIA GTC conference this year and will publish a paper next week to introduce NEAR's research on confidential and verifiable AI computing. It is reported that the 2025 NVIDIA GTC conference will be held in San Jose, California, USA and online from March 16-21.
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NEAR Foundation launches artificial intelligence agent fund NEAR AI Agent Fund

Odaily Planet Daily According to official sources, the NEAR Foundation has launched the NEAR AI Agent Fund, which will deploy 20 million US dollars of liquidity on-chain, focusing on expanding the development of fully autonomous and verifiable agents based on NEAR technology, to support a new type of Decentralization AI.
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Grayscale updates the component weights of its funds quarterly, adding SUI, LPT, CRV, etc.

BlockBeats news, on January 9th, according to the official announcement, Grayscale's funds announced the latest fund component weights for each product. The Grayscale Decentralized AI Fund has added LPT to its fund components, including the following assets: NEAR, RENDER, TAO, FIL, GRT, and LPT. The Grayscale Decentralized Finance Fund (DEFG) has added CRV to its fund components, removed SNX, and now includes the following assets: UNI, AAVE, LDO, MKR, and CRV. The Grayscale Digital Large Cap Fund (GDLC) has added ADA to its fund components, removed AVAX, and now includes the following assets: BTC, ETH, SOL, XRP, and ADA. The fund components of the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund) have added
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encryption and AI company Fraction AI completed a $6 million Pre-Seed financing, with Spartan Group and Symbolic Capital co-leading

PANews December 19th news, according to The Block, Fraction AI, a startup focusing on data annotation, encryption, and artificial intelligence, has completed a $6 million Pre-Seed financing round. Spartan Group and Symbolic Capital jointly led this round of financing, with other investors including Borderless Capital, Anagram, Foresight Ventures, and Karatage. In addition, angel investors such as Sandeep Nailwal, co-founder of Polygon, and Illia Polosukhin, co-founder of NEAR Protocol, also participated and served as advisors. Fraction
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$PYTH price pump 11.22%, 21Shares launches PYTH ETP in Europe gate News: According to Crypto.news, Swiss wealth management company 21Shares has added four ETPs to its European products, namely PYTH, ONDO, RNDR, and NEAR, involving price Oracle Machine, asset tokenization, Decentralization computing, and artificial intelligence fields. Or under this influence, the price of $PYTH rise by over 10%. gate data shows that the price of $PYTH has pumped by 11.22% in the past 24 hours, with the current price at $0.4758, Market Cap at $1.73B, and 24-hour trading at $5.47M.
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21Shares launches PYTH, ONDO, RNDR, and NEAR ETP in Europe

Swiss wealth management company 21Shares has added four new ETPs to its European product lineup, covering price Oracle Machine, asset tokenization, Decentralization computing, and artificial intelligence. Investors can also reinvest NEAR stake rewards into these ETPs to enhance performance and client returns. These four ETFs will be traded on multiple exchanges.
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Near Protocol co-founder Illia appointed as Ringfence advisor

Blockchain company Ringfence announced a partnership with NEAR.AI and appointed Illia Polosukhin, co-founder of NEAR Protocol, as an advisor to help users take control of their data and decide how artificial intelligence uses that data. Polosukhin has extensive professional knowledge in the fields of blockchain and artificial intelligence.
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Near's renaming to "eyewash" is a marketing strategy to promote the hackathon.

According to a report by Jinse Caijing, Near team members stated that the renaming of Near's Twitter account to "eyewash" was a marketing tactic for promoting a hackathon. Previously reported, at 8 o'clock on September 5th, Near official X announced that around 2:25 this morning, Near Protocol's official X account was hacked, and the hacker posted a series of posts attacking the Crypto ecosystem (some content has not been deleted according to the investigation).
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NEAR Protocol official X account was hijacked this morning, the attacker is suspected to be Hacker "Four Chan".

The official X account of NEAR Protocol was hijacked by Hacker around 2:25 this morning, and Hacker posted a criticism of the Crypto ecosystem. Although the identity of the Hacker has not been confirmed, the security team led by security expert Mike Rotch has reviewed the incident and believes it is an isolated account hijacking incident, without phishing attacks on the NEAR community.
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NEAR: Chain Signatures has been launched on Mainnet

Odaily Planet Daily According to official sources, NEAR announced that Chain Signatures has been launched on the Mainnet. This is a groundbreaking chain abstract solution based on NEAR. With the completion of the testnet stage and security audit, developers can now use Chain Signatures' unique full-chain functionality to develop dApps on the Mainnet.
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AI coin zone rebounded and rose across the board, with FET's 24-hour increase reaching 28.4%.

Jinse Caijing reported that the AI zone rebounded and rose across the board, with NEAR's 24-hour increase at 7.9%, now at $5.4; FET's 24-hour increase at 28.4%, now at $1.68; RNDR's 24-hour increase at 4.2%, now at $8.2; AGIX
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24-hour spot fund inflow/outflow list: SOL net inflow of $33.54 million

Over the past 24 hours, crypto spot funds have fluctuated. Digital currencies such as SOL, BNB, and OM saw net inflows, reaching tens of millions of dollars respectively; Digital currencies such as BCH, XRP, DOGE and other cryptocurrencies saw net outflows, of which BCH and XRP had large net outflows.
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NEAR Foundation: Chain Abstraction has been launched on the NEAR mainnet.

Golden Finance reported that the NEAR Foundation announced on Thursday that the new Chain Abstraction feature, aimed at making seamless transactions between networks easier, has been launched on Mainnet - further demonstrating the increasing number of projects committed to the 'chain abstraction' design concept. NEAR co-founder Illia Polosukhin personally promoted the project's chain abstraction roadmap, aiming to simplify the Cryptocurrency user experience due to the continuous development of the multi-chain ecosystem.
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TON surpasses Near to become the fifth largest blockchain in terms of USDT issuance

PANews reported on July 21st that according to the official transparency page of Tether, the authorized issuance of USDT on the TON chain has surpassed Near and Celo, ranking fifth in USDT issuance volume on the blockchain, second only to Tron, Ethereum, Avalanche, and Solana. As of 11:59:01 PM UTC on July 20, 2024, the authorized issuance of USDT on the TON chain amounted to $730,000,002.
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DWF Labs partner: in the past few days, investments and partnerships have been made in multiple on-chain AI Agents

PANews January 4th news, DWF Labs partner Andrei Grachev disclosed in a post on X platform that in the past few days, DWF Labs has conducted AI on the Near, BNB, TON, Virtuals, and Solana chains.
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gate Startup new coin Mining PURGE Mining is ongoing, with an expected annualized yield of 1192.5%

gate launches PURGE Spot trading on gate.io, supporting participation in new coin Mining. The total reward for this Mining is 5,920,543 PURGE, supporting Mining with PURGE or NEAR stake, with an expected annualized return of up to 1192.5% in the staking pool. gate Startup new coin Mining is a low-threshold, high-yield, flexible stake product that distributes rewards every hour, and holding GT can also participate in multiple Mining with one coin.
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Layer 1 tokens rise, ADA 24Hrise over 25%

Layer 1 tokens have risen in the past 24 hours, with ADA, AVAX, NEAR, ICP, ATOM, FTM, and AR all up by more than 10%, with ADA seeing the highest increase of 27.2%.
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Orderly Network's total volume has surpassed 78 billion US dollars

Jinse Finance reported that the total volume of protocolOrderly Network in the NEAR ecosystem has exceeded 780 billion US dollars, reaching 781.97 billion US dollars. Currently, the protocolTVL is 25.85 million US dollars, and the cumulative net fee income of the protocol is 7.284 million US dollars.
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Orderly Network total volume exceeded 620 billion US dollars

Jinse Finance reported that the total volume of the NEAR ecosystem trading protocol Orderly Network has exceeded 62 billion US dollars, reaching 620.704 billion US dollars at present. The current protocol TVL is 34.39 million US dollars, and the accumulated net fee income of the protocol has reached 6.635 million US dollars.
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