Manako Labs has launched a vision AI agent platform that converts standard enterprise cameras into real-time operational intelligence systems, powered by Bittensor’s decentralized Score Subnet 44 (SN44).
How Manako’s vision AI actually works Manako’s platform uses a no-code interface that lets users describe what they want to monitor in plain English. You type “alert me when someone enters the restricted zone” or “detect spills on the warehouse floor,” and the system generates a lightweight vision model to handle it.
The models are roughly 19MB in size, small enough to run on a standard CPU. Users can test these models with uploaded footage before connecting them to live camera feeds. Manako reportedly doesn’t access any of the video feeds itself — processing happens at the edge, on the enterprise’s own infrastructure.
Advertisement
When the system detects something noteworthy, it sends Slack notifications along with timestamped video clips.
According to Manako, enterprises currently generate actionable insights from less than 2% of captured camera data.
The Bittensor connection Manako’s platform runs on Bittensor’s Score Subnet 44, a decentralized computer vision network within the broader Bittensor ecosystem. SN44 focuses specifically on computer vision scoring, where miners compete to develop and deliver the most effective models for tasks such as object detection and event recognition.
Strategic milestones In April 2026, Manako secured a strategic partnership with PwC France & Maghreb for enterprise advisory integration.
The company won the overall Start in Block 2026 award at Paris Blockchain Week, selected from a pool of over 1,000 applicants.
On June 2, 2026, Manako received a $1 million investment from TaoWeave, earmarked specifically for expansion into the North American market.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired First Solar, Inc. (NASDAQ: FSLR) securities between February 26, 2025 and February 24, 2026. First Solar is a solar technology company that provides photovoltaic (“PV”) solar energy solutions.
Robbins LLP is Investigating Allegations that First Solar, Inc. (FSLR) Misled Investors Regarding its Financial Prospects
ShareFor more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that First Solar, Inc. (FSLR) Misled Investors Regarding its Financial Prospects
According to the complaint, during the class period, defendants failed to disclose that: (i) defendants had overstated First Solar’s capacity to manage the impact of U.S. tariff policy on the Company’s business; (ii) defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar’s projected performance in the 2026 fiscal year; and (iii) as a result, defendants’ public statements were materially false and misleading at all relevant time.
Plaintiff alleges that on January 7, 2026, Jefferies downgraded First Solar to Hold from Buy, noting that during 2025, the Company had lowered guidance, faced significant de-bookings and experienced margin compression through 2025. Jefferies also flagged that “[international] facilities remain a pain point while tariffs exist” and “underutilization at [international] facilities remains a concern.” The Jefferies analyst also predicted that First Solar’s deployment opportunities were likely to be more limited in 2026. On this news, First Solar’s stock price fell $27.67 per share, or 10.29%, to close at $241.11 per share on January 7, 2026.
Then, on February 24, 2026, First Solar issued a press release “announc[ing] financial results for the fourth quarter and year ended December 31, 2025.” Among other items, First Solar announced earnings that missed expectations by a wide margin and issued lower-than-expected FY 2026 revenue guidance, citing customer headwinds such as permitting delays under the Trump administration. Following First Solar’s announcement, Baird Research downgraded its stock to Neutral from Outperform, citing “several question marks in forward outlook”. On this news, First Solar’s stock price fell $33.09 per share, or 13.61%, to close at $210.12 per share on February 25, 2026.
What Now: You may be eligible to participate in the class action against First Solar, Inc. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against First Solar, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
Bittensor (TAO) price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours. The technical outlook for TAO highlights the 20-day Simple Moving Average (SMA) at $231 as the immediate support guarding the downside toward $200.
Retail demand wanes in TAOBittensor, one of the leading AI tokens in the crypto market, is losing its retail interest as the broader market sentiment falters. CoinGlass data show TAO futures Open Interest (OI) at $260.24 million, down over 8% in the last 24 hours, indicating a sharp decline in the notional value of active contracts.
Strengthening risk-off sentiment, total liquidations over the same period reached $1.66 million, led by a $1.42 million worth of bullish positional wipeout. The 14% drop in volume to $624.85 million and the funding rate down to 0.0018% reaffirms reduced trading activity and willingness to buy long positions.
TAO derivatives data. Source: CoinGlassBittensor closes in the last line of defense before $200Bittensor trades below the $250 psychological support on Thursday, extending its losses below the 50-day and 200-day Exponential Moving Averages (EMAs) at roughly $251 and $265. The AI token has been in a declining trend since the upper Bollinger Band capped its recovery last week near $290.
From a technical perspective, TAO remains above the 20-period SMA, around $231, which serves as the Bollinger Band's midline. A decisive close below $231 could expose downside risk to the 23.6% Fibonacci retracement level at $196, measured over the $538 to $143 downswing, and then to the lower Bollinger Band at $181.
That said, the Relative Strength Index (RSI) is hovering near a neutral 50, while the Moving Average Convergence Divergence (MACD) histogram contracts in the positive territory, which implies that last week's recovery was a corrective rebound rather than a sustained trend reversal.
TAO/USDT daily price chart.On the topside, the 50% retracement level at $278 serves as crucial resistance, close to the upper Bollinger Band at $281. Beyond this, a clear breakout could open the path toward the 78.6% Fibonacci retracement level at $406.
(The technical analysis of this story was written with the help of an AI tool.)
Yuma, one of Bittensor’s largest contributors and the network’s third-largest validator, has published a detailed critique of the proposed “Root Reborn” upgrade, arguing that the design introduces governance, regulatory, and market structure risks that outweigh its potential benefits.
Summary
Yuma has opposed Bittensor’s proposed Root Reborn upgrade, warning that it could introduce conflicts of interest, regulatory concerns, and new risks for stakers. The proposal would allow validators to allocate root staking rewards across subnet tokens instead of automatically converting rewards into TAO. Yuma said subnets backed by validator allocations could benefit from additional demand, but called for more testing, risk analysis, and a formal upgrade roadmap before deployment. The proposal, currently under review and not yet active on mainnet, would overhaul how root staking rewards are handled. Under the existing system, root dividends are effectively paid by automatically converting subnet alpha emissions back into TAO. The new design would stop those automatic sales.
🧠 Bittensor $TAO upgrade watch: Root Reborn
A new Subtensor PR proposes one of the larger changes to Bittensor’s root validation structure so far.
Today, root dividends are effectively paid by auto-swapping subnet alpha back into TAO. This creates constant sell pressure on… pic.twitter.com/UNLFsKzcsl
— tao.bot (τ, τ) (@taodotbot) June 18, 2026 Instead, validators would set allocation weights across subnets. Root emissions would then be deployed into validator-selected baskets of subnet tokens, with stakers receiving redeemable claims on those positions rather than direct TAO rewards.
The proposal states that the change would reduce automatic sell pressure on subnet assets and make validator allocation decisions a more important part of the network economy. It would also introduce new tools to track validator basket net asset value, subnet allocations, staker liabilities, and network-wide basket performance.
Yuma said the proposal changes the role of validators from infrastructure operators into active allocators of capital.
“In its current form, the Root Reborn proposal carries substantial unmitigated risk that outweighs its benefits,” the validator group wrote.
The following analysis is a byproduct of lack of process within the ecosystem that leaves business builders limited notice or ability to properly plan, assess risk, and execute.
We are responding rapidly to the code we’ve seen thus far, in the forum where we see it being… https://t.co/cZ3DQD2gkU
— Yuma (@YumaGroup) June 18, 2026 Yuma warns of conflicts and regulatory exposure Yuma argued that validators would gain significant influence over capital flows inside the Bittensor ecosystem, creating incentives that may not always align with the interests of delegators.
The group said validators could direct allocations toward subnets in which they already hold positions or accept external incentives from subnet operators seeking additional capital. Yuma compared the structure to the lessons of the LIBOR scandal, where a small group of participants held influence over key financial benchmarks.
“Moral hazard is acute,” Yuma wrote, adding that validators should be expected to maximize their own financial returns.
The organization also questioned whether validator performance could be measured effectively under the proposed system. It said validators would not control redemption timing, making it difficult to maintain target portfolio allocations as users enter and exit positions.
Over time, Yuma argued, new emissions would represent an increasingly small portion of large validator baskets, limiting a validator’s ability to materially influence performance through future allocation decisions.
The report also raised concerns about regulatory treatment. Yuma said validators currently direct blockchain emissions, but Root Reborn would place them in a position where they actively determine subnet token exposure for delegators.
“Validators are no longer simply providing a neutral technological service due to the requirement to also set weights for subnet token rewards,” the group wrote.
Proposal seeks to reduce sell pressure on subnet assets Supporters of the proposal have presented the upgrade as a mechanism to keep more value inside the subnet economy.
A summary accompanying the Subtensor pull request stated that root yield would move away from automatic subnet token sales and toward reinvestment across validator-selected subnets. The proposal described the change as a way to make validator selection depend on capital allocation decisions rather than primarily on fees or staking yields.
The proposal also said delegators would gain additional transparency through dashboard tools that display basket composition, net asset value, and outstanding liabilities owed to stakers.
Yuma acknowledged that subnets receiving validator allocations could benefit from increased demand and stronger token prices. The group wrote that subnets awarded meaningful weights would likely experience net-positive price effects, while subnets receiving little or no allocation could see neutral outcomes.
At the same time, Yuma warned that the structure could encourage lobbying efforts by subnet operators seeking validator support. The report said new projects may face greater barriers to entry if relationships with validators become an important factor in attracting capital.
The validator group also identified operational risks. Its report cited escrow concentration in a single coldkey, redemption dynamics that could create losses for late redeemers during periods of heavy withdrawals, repeated slippage costs from basket rebalancing, and execution challenges if network activity scales significantly.
Yuma urged the OpenTensor Foundation and network stakeholders to consider alternative approaches that allow stakers to express subnet preferences directly through opt-in mechanisms rather than concentrating allocation decisions among validators.
The group also called for a published upgrade roadmap, a defined release process, additional testing, and formal risk evaluation before any implementation proceeds.
The debate arrives days after Bittensor attracted renewed market attention following comments from Grayscale Head of Research Zach Pandl, who argued that recent U.S. restrictions on Anthropic’s advanced AI models could strengthen demand for decentralized AI networks. Pandl wrote that investors may increasingly look toward alternatives such as Bittensor as access to frontier AI systems becomes subject to centralized controls.
TAO (TAO) climbed roughly 30% within 12 hours after those developments, as per previous coverage on crypto.news. However, as of press time, TAO is down over 6% as traders weigh the recent concerns around the Root Rebor proposal.
FOSTER CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the U.S. Food and Drug Administration (FDA) has approved Trodelvy® (sacituzumab govitecan-hziy), a first-in-class Trop-2-directed antibody-drug conjugate (ADC), for the first-line treatment of adult patients with unresectable locally advanced or metastatic triple-negative breast cancer (mTNBC). Trodelvy is now approved in first-line mTNBC either as a single agent for patients who are not candidates for PD-(L)1 inhibitor-based therapy or in combination with Keytruda® (pembrolizumab) or Keytruda Qlex™ (pembrolizumab and berahyaluronidase alfa-mph) for patients whose tumors express PD-L1 (CPS ≥10) as determined by an FDA-authorized test.
“For people living with mTNBC, the first treatment choice can be pivotal, as many patients may not have the opportunity to receive subsequent therapies,” said Sara Tolaney, MD, MPH, Chief of the Division of Breast Oncology at Dana-Farber Cancer Institute and a principal investigator of the ASCENT-03 and ASCENT-04 studies. “This approval is heartening news for patients and the clinical community, and I believe offers a practice-changing first-line treatment option for all patients across PD-L1 status.”
The FDA approval is based on highly statistically significant and clinically meaningful progression-free survival (PFS) data from the Phase 3 ASCENT-03 and ASCENT-04/KEYNOTE-D19 trials, where Trodelvy-based regimens significantly reduced the risk of disease progression or death in first-line mTNBC—by 38% as monotherapy versus chemotherapy in PD-L1 ineligible disease in ASCENT-03 and by 35% in combination with Keytruda versus Keytruda plus chemotherapy in PD-L1+ disease in ASCENT-04.
Across ASCENT-03 and ASCENT-04, Trodelvy-based regimens delivered markedly more durable responses, with median duration of response of 12.2 versus 7.2 months with chemotherapy in ASCENT-03 and 16.5 versus 9.2 months for Trodelvy plus Keytruda versus Keytruda plus chemotherapy in ASCENT-04 by blinded independent central review.
“For patients with metastatic TNBC, a new first-line treatment option offers optimism to a community with historically few choices,” said Ricki Fairley, Co-Founder and CEO of TOUCH, The Black Breast Cancer Alliance. “TNBC disproportionately affects younger women - many in the prime of their lives - and often leads to poorer outcomes. Because so many patients may never receive subsequent lines of therapy, the ability to start with a promising option like Trodelvy with or without Keytruda is critical. We have sought additional alternatives to chemotherapy-containing regimens in the first-line metastatic setting since TNBC was classified as a disease more than 20 years ago. As such, this approval represents meaningful progress for the families impacted by this disease.”
“The FDA’s approval of Trodelvy provides a new standard of care for the most aggressive form of breast cancer,” said Dietmar Berger, MD, PhD, Chief Medical Officer, Gilead Sciences. “For more than twenty years, patients with mTNBC have had limited choices in first-line treatment. Building on its impact in second-line mTNBC, Trodelvy now offers patients a powerful new backbone therapy option in the first-line setting.”
Based on the ASCENT-03 and ASCENT-04 positive study results, the National Comprehensive Cancer Network® (NCCN®) recommends Trodelvy with or without Keytruda as a category 1 preferred first-line treatment option for people with mTNBC across PD-L1 status in the NCCN Guidelines®i. Trodelvy also has a category 1 recommendation in second-line mTNBC and in pre-treated HR+/HER2-negative (IHC 0, IHC 1+ or IHC 2+/ISH-) metastatic breast cancer (mBC).
Healthcare professionals have well-established experience with Trodelvy, with more than 75,000 breast cancer patients treated across more than 60 countries over the past six years. It remains the only Trop-2-directed ADC to demonstrate meaningful overall survival benefits in both second-line or later metastatic TNBC and pre-treated HR+/HER2- mBC. It is also the only ADC with four positive Phase 3 trials in HER2-negative (IHC 0, IHC 1+ or IHC 2+/ISH-) mBC.
Please see below for the U.S. Indication and Important Safety Information for Trodelvy, including Boxed Warning.
KEYTRUDA® and KEYTRUDA QLEX™ are trademark(s) of Merck Sharp & Dohme LLC., a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.
About Triple-Negative Breast Cancer
TNBC is the most aggressive type of breast cancer and has historically been difficult to treat, accounting for approximately 15% of all breast cancers. TNBC disproportionally impacts younger, premenopausal, and Black and Hispanic women. TNBC cells do not have estrogen and progesterone receptors and have limited HER2 expression. Due to the nature of TNBC, treatment options are extremely limited compared with other breast cancer types. TNBC has a higher chance of recurrence and metastases than other breast cancer types. The average time to metastatic recurrence for TNBC is approximately 2.6 years compared with 5 years for other breast cancers, and the relative five-year survival rate is much lower. Among women with metastatic TNBC, the five-year survival rate is 12%, compared with 28% for those with other types of mBC.
First-line metastatic TNBC has seen limited new approvals in recent years and additional options are urgently needed. Over 50% of patients do not receive treatment beyond first-line, reinforcing the urgent need for new options to help improve patient outcomes. Breast cancers expressing PD-L1 are overall more aggressive and associated with reduced survival time.
About Trodelvy
Trodelvy (sacituzumab govitecan-hziy) is a first-in-class Trop-2-directed antibody-drug conjugate. Trop-2 is a cell surface antigen highly expressed in multiple tumor types, including in more than 90% of breast and lung cancers. Trodelvy is intentionally designed with a proprietary hydrolyzable linker attached to SN-38, a topoisomerase I inhibitor payload. This unique combination delivers potent activity to both Trop-2 expressing cells and the tumor microenvironment through a bystander effect.
Trodelvy is currently approved in more than 60 countries for second-line or later metastatic triple-negative breast cancer (TNBC) and in more than 50 countries for certain patients with pre-treated HR+/HER2- metastatic breast cancer (mBC). Global regulatory submissions for the approval of Trodelvy based on ASCENT-03 and ASCENT-04 are underway.
Trodelvy is currently being evaluated in multiple ongoing Phase 3 trials across a range of tumor types with high Trop-2 expression. These studies with Trodelvy, both in monotherapy and in combination with pembrolizumab, involve earlier lines of treatment for TNBC and HR+/HER2- breast cancer—including in curative settings—as well as in lung and gynecologic cancers, where previous proof-of-concept studies have demonstrated clinical activity.
INDICATIONS
TRODELVY® (sacituzumab govitecan-hziy) is a Trop-2–directed antibody and topoisomerase inhibitor conjugate indicated in adult patients:
Locally Advanced or Metastatic Triple-Negative Breast Cancer
First Line
As a single agent for the first-line treatment of unresectable locally advanced or metastatic triple-negative breast cancer (mTNBC) who are not candidates for PD-1 or PD-L1 inhibitor-based therapy In combination with pembrolizumab or pembrolizumab and berahyaluronidase alfa-pmph for the first-line treatment of unresectable locally advanced or mTNBC whose tumors express PD-L1 [Combined Positive Score (CPS ≥10)] as determined by an FDA-authorized test Second Line or Later
For the treatment of unresectable locally advanced or mTNBC who have received two or more prior systemic therapies, at least one of them for metastatic disease. Locally Advanced or Metastatic HR-positive, HER2-negative Breast Cancer
For the treatment of unresectable locally advanced or metastatic hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative (IHC 0, IHC 1+, or IHC 2+/ISH–) breast cancer who have received endocrine-based therapy and at least two additional systemic therapies in the metastatic setting. IMPORTANT SAFETY INFORMATION
BOXED WARNING: NEUTROPENIA AND DIARRHEA
TRODELVY can cause severe, life-threatening, or fatal neutropenia. Withhold TRODELVY for absolute neutrophil count below 1500/mm3 or neutropenic fever. Monitor blood cell counts periodically during treatment. Primary prophylaxis with G-CSF is recommended for all patients at increased risk of febrile neutropenia. Initiate anti-infective treatment in patients with febrile neutropenia without delay. TRODELVY can cause severe diarrhea. Monitor patients with diarrhea and give fluid and electrolytes as needed. At the onset of diarrhea, evaluate for infectious causes and, if negative, promptly initiate loperamide. If severe diarrhea occurs, withhold TRODELVY until resolved to ≤Grade 1 and reduce subsequent doses. CONTRAINDICATIONS
Severe hypersensitivity reaction to TRODELVY. WARNINGS AND PRECAUTIONS
Neutropenia: Severe, life-threatening, or fatal neutropenia can occur as early as the first cycle of treatment and may require dose modification. Neutropenia occurred in 64% of patients treated with TRODELVY. Grade 3-4 neutropenia occurred in 48% of patients. Febrile neutropenia occurred in 6%. Neutropenic colitis occurred in 1.4%. Primary prophylaxis with G-CSF is recommended starting in the first cycle of treatment in all patients at increased risk of febrile neutropenia, including older patients, patients with previous neutropenia, poor performance status, organ dysfunction, or multiple comorbidities. Monitor absolute neutrophil count (ANC) during treatment. Withhold TRODELVY for ANC below 1500/mm3 on Day 1 of any cycle or below 1000/mm3 on Day 8 of any cycle. Withhold TRODELVY for neutropenic fever. Treat neutropenia with G-CSF and administer prophylaxis in subsequent cycles as clinically indicated or indicated in Table 2 of USPI.
Diarrhea: Diarrhea occurred in 62% of all patients treated with TRODELVY. Grade 3-4 diarrhea occurred in 10% of patients. One patient had intestinal perforation following diarrhea. Diarrhea that led to dehydration and subsequent acute kidney injury occurred in 0.6% of all patients. Withhold TRODELVY for Grade 3-4 diarrhea and resume when resolved to ≤Grade 1. At onset, evaluate for infectious causes and, if negative, promptly initiate loperamide, 4 mg initially followed by 2 mg with every episode of diarrhea for a maximum of 16 mg daily. Discontinue loperamide 12 hours after diarrhea resolves. Additional supportive measures (eg, fluid and electrolyte replacement) may also be employed as clinically indicated. Patients who exhibit an excessive cholinergic response to treatment can receive appropriate premedication (eg, atropine) for subsequent treatments.
Hypersensitivity and Infusion-Related Reactions: TRODELVY can cause serious hypersensitivity reactions, including life-threatening anaphylactic reactions. Severe signs and symptoms included cardiac arrest, hypotension, wheezing, angioedema, swelling, and skin reactions. Hypersensitivity reactions occurred in 28% of patients with 13% occurring within 24 hours of dosage. Grade 3-4 hypersensitivity occurred in 1.5% of patients with 0.4% of these occurring within 24 hours of dosage. The incidence of hypersensitivity reactions leading to permanent discontinuation of TRODELVY was 0.4%. The incidence of anaphylactic reaction was <0.1%. Pre-infusion medication is recommended. Have medications and emergency equipment to treat such reactions available for immediate use. Closely monitor patients for hypersensitivity and infusion-related reactions during each infusion and for at least 30 minutes after completion of each infusion. Permanently discontinue TRODELVY for Grade 4 infusion-related reactions.
Nausea and Vomiting: TRODELVY is emetogenic and can cause severe nausea and vomiting. Nausea occurred in 63% of all patients treated with TRODELVY, and Grade 3-4 nausea occurred in 3% of these patients. Vomiting occurred in 33% of patients, and Grade 3-4 vomiting occurred in 2% of these patients. Premedicate with a two- or three-drug combination regimen (eg, dexamethasone with either a 5-HT3 receptor antagonist or an NK1 receptor antagonist, as well as other drugs as indicated) for prevention of chemotherapy-induced nausea and vomiting. Withhold TRODELVY doses for Grade 3 nausea or Grade 3-4 vomiting and resume with additional supportive measures when resolved to ≤Grade 1. Additional antiemetics and other supportive measures may also be employed as clinically indicated. All patients should be given take-home medications with clear instructions for prevention and treatment of nausea and vomiting.
Increased Risk of Adverse Reactions in Patients With Reduced UGT1A1 Activity: Patients homozygous for the uridine diphosphate-glucuronosyl transferase 1A1 (UGT1A1)*28 allele are at increased risk for neutropenia, febrile neutropenia, and anemia and may be at increased risk for other adverse reactions with TRODELVY. The incidence of Grade 3-4 neutropenia was 57% in patients homozygous for the UGT1A1*28 allele, 48% in patients heterozygous for the UGT1A1*28 allele, and 41% in patients homozygous for the wild-type allele. The incidence of Grade 3-4 anemia was 17% in patients homozygous for the UGT1A1*28 allele, 9% in patients heterozygous for the UGT1A1*28 allele, and 8% in patients homozygous for the wild-type allele. Closely monitor patients with known reduced UGT1A1 activity for adverse reactions. Withhold or permanently discontinue TRODELVY based on clinical assessment of the onset, duration, and severity of the observed adverse reactions in patients with evidence of acute early-onset or unusually severe adverse reactions, which may indicate reduced UGT1A1 function.
Embryo-Fetal Toxicity: Based on its mechanism of action, TRODELVY can cause teratogenicity and/or embryo-fetal lethality when administered to a pregnant woman. TRODELVY contains a genotoxic component, SN-38, and targets rapidly dividing cells. Advise pregnant women and females of reproductive potential of the potential risk to a fetus. Advise females of reproductive potential to use effective contraception during treatment with TRODELVY and for 6 months after the last dose. Advise male patients with female partners of reproductive potential to use effective contraception during treatment with TRODELVY and for 3 months after the last dose.
ADVERSE REACTIONS
In the pooled safety population of TRODELVY as a single agent, the most common (≥25%) adverse reactions, including laboratory abnormalities, were decreased leukocyte count (83%), decreased neutrophil count (77%), decreased hemoglobin (71%), nausea (63%), diarrhea (62%), decreased lymphocyte count (60%), fatigue (59%), alopecia (47%), increased glucose (40%), constipation (37%), vomiting (33%), decreased albumin (32%), increased alkaline phosphatase (30%), decreased appetite (28%), abdominal pain (27%), decreased creatinine clearance (27%), decreased magnesium and potassium (26% each).
In the safety population of TRODELVY in combination with pembrolizumab, the most common (≥25%) adverse reactions, including laboratory abnormalities, were decreased neutrophil count and hemoglobin (86% each), decreased leukocyte count (84%), diarrhea (72%), nausea (68%), decreased lymphocyte count (61%), fatigue (58%), alopecia (52%), increased alkaline phosphatase and glucose (50% each), increased alanine aminotransferase (47%), constipation (41%), increased aspartate aminotransferase (40%), rash (37%), decreased potassium (35%), increased lactate dehydrogenase (34%), vomiting (29%), abdominal pain, headache, and increased eosinophils (26% each), and decreased albumin (25%).
In the ASCENT-03 study (single agent in previously untreated, unresectable locally advanced or mTNBC), the most common adverse reactions (incidence ≥25%) were nausea, diarrhea, alopecia, fatigue, constipation, and vomiting. The most frequent serious adverse reactions (SAR) (>2%) were diarrhea, febrile neutropenia, and neutropenia (3.6% each), and pneumonia (2.9%). SAR occurred in 26% of patients, and 3.6% permanently discontinued TRODELVY due to adverse reactions. Fatal adverse reactions occurred in 2.5% of patients and included sepsis (1.1%), and acute respiratory failure, neutropenic colitis, pneumonia, and septic shock (0.4% each). The most common Grade 3-4 lab abnormalities (incidence ≥25%) were decreased neutrophils and leukocytes.
In the ASCENT-04 study (in combination with pembrolizumab in previously untreated, unresectable locally advanced or mTNBC whose tumors express PD-L1), the most common adverse reactions (incidence ≥25%) were diarrhea, nausea, fatigue, alopecia, constipation, rash, vomiting, abdominal pain, and headache. The most frequent SAR (≥2%) were febrile neutropenia (7%), neutropenia (6%), diarrhea (5%), and fatigue and pneumonia (2.3% each). SAR occurred in 38% of patients, and 7% permanently discontinued TRODELVY due to adverse reactions. Fatal adverse reactions occurred in 3.2% of patients and included death (unknown cause) (0.9%) and completed suicide, neutropenic sepsis, sepsis, pneumonia, and pulmonary embolism (0.5% each). The most common Grade 3-4 lab abnormalities (incidence ≥25%) were decreased neutrophils and leukocytes.
In the ASCENT study (previously treated locally advanced or mTNBC), the most common adverse reactions (incidence ≥25%) were fatigue, diarrhea, nausea, alopecia, constipation, vomiting, abdominal pain, and decreased appetite. The most frequent SAR (>1%) were neutropenia (7%), diarrhea (4%), and pneumonia (3%). SAR occurred in 27% of patients, and 5% permanently discontinued TRODELVY due to adverse reactions. Fatal adverse reactions occurred in 1.2% of patients and included respiratory failure (0.8%) and pneumonia (0.4%). The most common Grade 3-4 lab abnormalities (incidence ≥25%) were decreased neutrophils, leukocytes, and lymphocytes.
In the TROPiCS-02 study (locally advanced or metastatic HR+/HER2– breast cancer), the most common adverse reactions (incidence ≥25%) were diarrhea, fatigue, nausea, alopecia, and constipation. The most frequent SAR (>1%) were diarrhea (5%), febrile neutropenia (4.1%), neutropenia (3%), abdominal pain (2.2%), neutropenic colitis and vomiting (1.9% each), and colitis and pneumonia (1.5% each). SAR occurred in 28% of patients, and 6% permanently discontinued TRODELVY due to adverse reactions. Fatal adverse reactions occurred in 2.2% of patients and included arrhythmia, COVID-19 pneumonia, pneumonia, nervous system disorder, pulmonary embolism, and septic shock (0.4% each). The most common Grade 3-4 lab abnormalities (incidence ≥25%) were decreased neutrophils and leukocytes.
DRUG INTERACTIONS
UGT1A1 Inhibitors: Avoid administering UGT1A1 inhibitors with TRODELVY. SN-38 is a UGT1A1 substrate. Concomitant administration of TRODELVY with inhibitors of UGT1A1 may increase the incidence of adverse reactions due to potential increase in systemic exposure to SN-38.
UGT1A1 Inducers: Avoid administering UGT1A1 inducers with TRODELVY. SN-38 is a UGT1A1 substrate. Concomitant administration of TRODELVY with inducers of UGT1A1 may reduce exposure to SN-38.
Please see full Prescribing Information, including BOXED WARNING.
About Gilead and Kite Oncology
Gilead and Kite Oncology are working to transform how cancer is treated. We are innovating with next-generation therapies, combinations and technologies to deliver improved outcomes for people with cancer. We are purposefully building our oncology portfolio and pipeline to address the greatest gaps in care. From antibody-drug conjugate technologies and small molecules to cell therapy-based approaches, we are creating new possibilities for people with cancer.
About Gilead Sciences
Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. The company is committed to advancing innovative medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis, COVID-19, cancer and inflammation. In 2025, Gilead announced a planned $32 billion investment to further strengthen its U.S. footprint to power the next era of discovery, job creation and public health preparedness – while continuing to invest globally to ensure patients everywhere benefit from its scientific innovation. Gilead operates in more than 35 countries worldwide, with headquarters in Foster City, Calif.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks, uncertainties and other factors, including Gilead’s ability to initiate, progress or complete clinical trials or studies within currently anticipated timelines or at all, and the possibility of unfavorable results from ongoing and additional clinical trials or studies, including those involving sacituzumab govitecan-hziy (such as ASCENT-03 and ASCENT-04); uncertainties relating to regulatory applications and related filing and approval timelines, including potential applications for programs and/or indications currently under evaluation, and the risk that any regulatory approvals, if granted, may be subject to significant limitations on use or subject to withdrawal or other adverse actions by the applicable regulatory authority; the possibility that Gilead may make a strategic decision to discontinue development of these programs and, as a result, these programs may never be successfully commercialized for the indications currently under evaluation; the risk that physicians and patients may not see advantages of Trodelvy for first-line mTNBC and may therefore be reluctant to prescribe the products; and any assumptions underlying any of the foregoing. These and other risks, uncertainties and factors are described in detail in Gilead’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, as filed with the U.S. Securities and Exchange Commission. These risks, uncertainties and other factors could cause actual results to differ materially from those referred to in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The reader is cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and is cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements are based on information currently available to Gilead, and Gilead assumes no obligation and disclaims any intent to update any such forward-looking statements.
Trodelvy, Gilead and the Gilead logo are trademarks of Gilead Sciences, Inc., or its related companies.
U.S. Prescribing Information for Trodelvy, including BOXED WARNING, is available at www.gilead.com.
For more information about Gilead, please visit the company’s website at www.gilead.com, follow Gilead on X/Twitter (@Gilead Sciences) and LinkedIn (@Gilead-Sciences).
Bittensor’s TAO token has fallen nearly 20% from its June 15 peak after governance concerns, derivatives liquidations, and a risk-off macro backdrop combined to erase much of last week’s rally.
Summary
TAO has fallen nearly 20% from its June 15 high as governance concerns and liquidations hit sentiment. Criticism of the Root Reborn proposal has raised questions about validator power, liquidity, and regulation. Technical indicators show sellers remain in control, with $220 acting as a key near-term support level. According to data from crypto.news, Bittensor (TAO) price dropped 4.3% in the last 24 hours to trade near $225 on June 19, bringing its losses to nearly 20% since June 15, when the AI-focused token peaked around $283 before governance concerns and derivatives liquidations triggered a reversal.
Bittensor’s decline accelerated after criticism emerged around the proposed Root Reborn governance overhaul, a plan designed to reduce persistent subnet token selling by changing how validators allocate capital across the network.
While supporters view the proposal as a long-term fix for Bittensor’s tokenomics, opponents argue it could introduce governance concentration, liquidity stress, and regulatory complications.
Among the most vocal critics, validator group Yuma warned that Root Reborn would transform validators from neutral network operators into active capital allocators. According to Yuma, the framework could create incentives for collusion, preferential treatment, and frontrunning while encouraging subnet teams to prioritize validator relationships over AI product development.
“Such a change could fundamentally alter the role of validators,” Yuma wrote in its assessment of the proposal.
At the same time, derivatives traders rapidly reduced exposure. CoinGlass data showed TAO futures open interest falling more than 8% over a 24-hour period to roughly $252 million-$260 million. More than $1.66 million in bullish leveraged positions were liquidated during the same stretch, adding forced market selling as prices moved lower.
Trading activity also weakened. Daily volume dropped roughly 14% to about $624 million as traders reassessed protocol risk ahead of further discussions surrounding the governance proposal
Concerns extended beyond governance mechanics. Yuma argued that rewards tied to baskets of subnet tokens could become difficult to liquidate during periods of market stress, while a wave of unstaking could create execution disadvantages for later redeemers.
Macroeconomic conditions added another headwind. Crypto markets remained under pressure after Federal Reserve Chair Kevin Warsh reinforced expectations that U.S. interest rates may remain elevated for longer than previously expected.
The stronger U.S. dollar and declining appetite for speculative assets pushed capital away from high-beta sectors, including artificial intelligence-linked cryptocurrencies.
TAO technical structure favors sellers below key resistance The daily chart shows TAO breaking below a major horizontal support zone near $237, a level that acted as a floor during April and May. What previously served as support now risks becoming resistance after the breakdown.
TAO price has lost a key support level on the daily chart — June 19 | Source: crypto.news Murrey Math levels place the token below the 3/8 trading range support at $218.8, while the next major resistance stands near the 4/8 pivot at $250. A recovery above that region would be required to restore bullish momentum and reopen a path toward $281, where the June rally stalled.
On the four-hour chart, TAO has also fallen beneath the 23.6% Fibonacci retracement level at $228.2 after rejecting the 0.786 retracement near $273.8 earlier this week. Price continues to trade below a descending trendline that has capped every recovery attempt since June 15.
TAO 4-hour price chart — June 19 | Source: crypto.news Momentum indicators remain weak. The MACD has crossed into negative territory with expanding bearish histogram bars, while Chaikin Money Flow sits at -0.27, showing capital leaving the market. Although the Stochastic RSI remains above oversold levels on the daily timeframe, both signal lines have turned lower.
According to the 4-hour chart, TAO’s failure to reclaim the broken $237 support leaves the market vulnerable to another leg lower toward the $208 Fibonacci support zone.
TAO loses key support as sellers target lower liquidity zones CoinGlass liquidation heatmap data shows dense liquidity clusters concentrated between $239 and $241, creating a potential magnet should buyers regain control. Several additional liquidation pockets sit near $244 and $245, where short positions could come under pressure if TAO stages a relief rally.
TAO liquidation heatmap | Source: CoinGlass The downside picture remains equally important. A concentration of leveraged positions has formed around the $225-$226 area, while thinner support appears below current prices until the $220 region. A decisive break beneath $220 could expose the June swing low near $190 before attention turns toward the longer-term support band between $180 and $200.
Regulatory concerns surrounding Root Reborn present another risk. Yuma argued that validators directing capital allocations could attract scrutiny typically associated with investment management activities, potentially complicating participation for exchanges, custodians, and institutional operators.
If uncertainty surrounding the proposal persists while macro conditions remain restrictive, TAO may struggle to reclaim the $237-$250 zone that bulls need to regain control.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bittensor [TAO] remained under strong selling pressure. Since its rejection at $285, the altcoin has posted lower lows for seven consecutive days.
During this decline, TAO dropped to $222 and appeared close to erasing all gains made earlier this month.
Amid the sustained sell-off, the altcoin fell below both its short- and long-term moving averages, signaling persistent bearish pressure.
Source: TradingView On top of that, the Relative Strength Index (RSI) formed a bearish crossover and dropped to 44. The RSI’s move deeper into bearish territory reinforced the weakening market structure.
Are whales driving TAO lower? AMBCrypto observed that TAO’s recent weakness coincided with rising whale activity. Data from CryptoQuant’s Spot Average Order Size showed large orders entering the market over the past week.
Source: CryptoQuant The spike suggested heightened whale participation in the Spot market. However, the metric alone could not determine whether whales were buying or selling.
By contrast, Spot Taker CVD remained negative throughout the same period. That indicated sellers maintained control of market activity.
Source: CryptoQuant Taken together, the two metrics suggested active whales were primarily selling. That selling pressure appeared to be a key driver behind TAO’s continued decline.
In fact, the Spot Buy Sell Volume metric reinforced this trend. Since the 14th of June, sell volume has consistently exceeded buy volume.
As a result, the Buy Sell Delta remained negative for seven straight days, highlighting persistent Spot selling pressure.
Source: CryptoQuant Can TAO avoid another drop? Bittensor [TAO] continued to face strong downward pressure, with whale-led selling dominating market activity.
If current conditions persist, the altcoin could revisit $214. A break below that level may expose the key psychological support at $200.
Even so, losing $200 could strengthen bearish momentum and open the door to a decline toward $185.
To invalidate the bearish outlook, TAO would need to reclaim its short-term EMAs and close above $248. If buyers achieve that, the altcoin could regain strength and attempt a move toward $280, where the previous rally stalled.
Final Summary Bittensor’s recent decline coincided with rising whale selling, which helped push TAO below key moving averages. Spot market data showed sellers remained dominant, increasing the risk of another move toward $214 or $200.
PANews, June 22 — Bittensor co-founder const posted on X detailing the project’s current state of decentralization, future roadmap, and goals. Bittensor has not yet achieved decentralization at the economic incentive layer and is still steered by the core team, including const himself, two engineers, and a group of core contributors. The project has been live for over five years, has no pre-mine, and features 128 subnet teams and more than 20 core validator teams. Decentralization has already been achieved in terms of ownership distribution. The team chose to iterate rapidly at the cost of “remaining centralized” rather than slowly advancing “democratized” decision-making.
Regarding future update plans, Bittensor will push validators back into a competitive mechanism while opening liquidity pools for two-way investment to symmetrize the market and prevent on-chain signals from being manipulated. In addition, a conviction mechanism will be introduced to grant voting rights to Alpha token holders. Updates to TaoFlow and its derivatives will also roll out in the coming weeks, further fine-tuning the issuance distribution algorithm to optimize how inflation is allocated. const expects to complete the core mechanism within the next year and a half, at which point the three pillars — incentive alignment, value optimization, and true ownership — will operate in synergy, ultimately achieving full decentralization by abandoning centralized control.
On June 22, Bittensor co-founder Const published a comprehensive article outlining the project’s current centralized governance framework and its roadmap to full decentralization. He noted Bittensor is not yet fully decentralized—unlike Bitcoin—but clarified this is not a design flaw; rather, it’s a strategic choice tailored to AI’s early, fast-evolving phase. Unlike Bitcoin, which faced headwinds from national financial systems at its launch, AI is still in its infancy, so Bittensor is prioritizing innovation speed and protocol iteration efficiency over early adoption of slow, on-chain governance led by a decentralized community. Instead, the core team will steer key upgrades to refine network mechanics and economic models in the near term. Const emphasized Bittensor has already achieved decentralization at its most critical levels: token distribution, network ownership, and ecosystem participation rights. Since launch, the project has never engaged in pre-mining, has operated for over five years, and distributed TAO tokens to global contributors via open, competitive processes. Today, its ecosystem includes 128 subnet teams, more than 20 core validator groups, plus numerous independent developers and community members. Anyone can build a subnet, participate in mining, or use AI services on the network without permission, which Const frames as "ownership decentralization." The only remaining centralized elements relate to core protocol development direction and upgrade decisions—parallel to Bitcoin’s early days, when Satoshi Nakamoto led network progress. Looking ahead, Bittensor plans to: boost validator competition mechanisms; add bidirectional trading and shorting features to open liquidity pools; grant Alpha token holders governance rights via its Conviction mechanism; refine the TaoFlow and DTAO emission distribution models; and clean out teams that long extract value without contributing to ecosystem growth. Const expects that in roughly 18 months, once its incentive, value discovery, and ownership systems are fully integrated, Bittensor will complete its final stage of decentralization. At that point, the core team will step away from control, allowing the network to operate independently in a programmatic, tamper-proof manner—ultimately realizing its vision of the "Millennial Intelligent Federation."
Relevant content
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Bitcoin (BTC) upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash (ZEC) and Bittensor (TAO), indicating a positive short-term turnaround.
Still, a broader scope reveals that the prevailing risk-off sentiment, as reflected in the derivatives market, may limit recovery potential.
US-Iran peace talks drive Bitcoin’s recoveryHigh-stakes talks between the United States (US) and Iran aimed at achieving a lasting peace agreement began over the weekend. Both nations reportedly agreed on a preliminary framework under which the US would grant a waiver to ease sanctions on Iranian Oil exports, a key prerequisite for advancing nuclear discussions.
The negotiations, which took place in Switzerland, brought together US Vice President JD Vance, Iranian officials and Qatari mediators. Vance downplayed the impact of recent Israeli strikes in Lebanon, emphasizing that negotiations are yielding tangible results toward de-escalation.
Despite mediators describing the talks as making “encouraging progress,” with both countries agreeing on a roadmap toward a final agreement within 60 days, US President Donald Trump said that “Iran must immediately stop their highly paid PROXIES in Lebanon from causing trouble,” or risk fresh attacks.
It is worth mentioning that Iranian negotiators unexpectedly paused the peace talks following a series of verbal threats from Trump.
Despite Bitcoin’s subtle rebound, the crypto market remains on edge, weighed down by deteriorating sentiment. The crypto Fear & Greed Index, which holds at 20 in the Extreme Fear territory on Monday, down from 23 the day before, signals that risk-averse sentiment is an overhang.
Crypto Fear & Greed Index | Source: AlternativeMeanwhile, Bitcoin trades above the $64,000 short-term support, advancing from last week’s low at $62,272. The 50-day Exponential Moving Average (EMA) at roughly $69,093, the 100-day EMA near $72,120 and the 200-day EMA around $77,631 line up as a layered cap above the market, suggesting rallies are likely to face supply while the Relative Strength Index (RSI) hovers in the low-40s on the daily chart.
A positive Moving Average Convergence Divergence (MACD) histogram suggests downside momentum is not aggressive, but it does little to alter the overarching capped structure, while spot trades under these key trend averages.
On the topside, immediate resistance lies at the 50-day EMA around $69,093, with further barriers at the 100-day EMA near $72,120 and the 200-day EMA close to $77,631, forming a broad supply band that would need to be reclaimed to ease the current bearish tone.
BTC/USDT daily chartWith no nearby structural supports highlighted by the available indicators, buyers would seek to reengage at key psychological areas, including last week's lows near $62,000 and $60,000.
Zcash and Bittensor rise amid subdued retail interestZcash advances above $450 as bulls build on the support established at around $436. Recovery appears to be gaining momentum, as reflected in the MACD histogram remaining positive on the daily chart and the RSI approaching the midline.
ZEC/USDT daily chartOn the topside, immediate resistance emerges at the 50-day EMA around $474, with the upper boundary of the downward parallel channel near $500 acting as the next hurdle if buyers manage a breakout. Looking down, initial support is aligned with the 100-day EMA at roughly $436, ahead of the more strategic 200-day EMA near $380. A sustained break below that zone would expose the channel’s lower boundary around $239 as the next significant demand region.
Subdued retail demand for Zcash derivatives remains a major overhang, especially with futures Open Interest (OI) falling to $919 million on Monday, down from slightly above $1 billion the previous day. The current OI pales in comparison to $1.67 billion, recorded in late May.
ZEC Futures OI | Source: CoinGlassBittensor trades at $232, keeping a bearish near-term bias as the spot price holds below key EMAs despite improving momentum signals. The pair has rebounded from recent lows, but the MACD histogram remains only modestly positive and the RSI hovers just below the midline, which together suggest a corrective bounce within a broader capped structure rather than a confirmed trend reversal.
TAO/USDT daily chartOn the topside, initial resistance lies at the downtrend resistance trendline break region around $294, where a daily close above would be needed to ease the current bearish tone. Conversely, the broader structure finds layered support from the 200-day EMA near $265, the 100-day EMA around $254 and the 50-day EMA close to $248, with more distant structural backing from the prior uptrend support break area near $188 if selling pressure resumes and the current recovery falters.
Bittensor's derivatives market reflects weak retail demand, with futures OI moderating downward at $239 million on Monday, from $250 the previous day. A persistent sell-off would weigh on TAO's structural outlook, which remains weak despite the minor rebound above $232.
TAO Futures OI | Source: CoinGlassFor now, holding support at $225 is critical for a sustained short-term recovery. However, it does not remove the overarching risk of a continued sell-off toward the demand regions at $200 and $188.
(The technical analysis of this story was written with the help of an AI tool.)
Open Interest, funding rate FAQs Higher Open Interest is associated with higher liquidity and new capital inflow to the market. This is considered the equivalent of increase in efficiency and the ongoing trend continues. When Open Interest decreases, it is considered a sign of liquidation in the market, investors are leaving and the overall demand for an asset is on a decline, fueling a bearish sentiment among investors.
Funding fees bridge the difference between spot prices and prices of futures contracts of an asset by increasing liquidation risks faced by traders. A consistently high and positive funding rate implies there is a bullish sentiment among market participants and there is an expectation of a price hike. A consistently negative funding rate for an asset implies a bearish sentiment, indicating that traders expect the cryptocurrency’s price to fall and a bearish trend reversal is likely to occur.
Bittensor co-founder Jacob Steeves wants the protocol he helped build to no longer need him. The man known as “Const” in crypto circles has published a roadmap to fully decentralize Bittensor within 18 months, targeting a completion date around December 2027.
The decentralization deficit Bittensor, co-founded by Steeves and Ala Shaabana, has built genuine decentralized ownership among its participants over more than five years of operation. The network currently runs 128 active subnet teams and more than 20 core validator teams.
But ownership and control are not the same thing. Bittensor’s governance structure has relied on what’s been called a “triumvirate” model, and critics have argued it concentrates too much power in too few hands. The core team’s grip on the economic incentive layer, the mechanism that determines how rewards flow through the network, has been a persistent sore point.
Advertisement
That criticism reached a boiling point in April 2026 when Covenant AI, a participant in the Bittensor ecosystem, exited the network entirely. Covenant AI accused the protocol of “decentralization theatre,” alleging unilateral control by Steeves over key network decisions. TAO’s price dropped roughly 18-20% in the aftermath.
The roadmap: what Steeves is actually proposing Steeves’ plan isn’t a single flip-the-switch moment. He’s outlined a phased approach that touches several core components of how Bittensor operates.
First, the roadmap calls for raising validator competition. Second, the plan includes implementing bidirectional liquidity pools. Third, Steeves wants to introduce a conviction-based voting mechanism for Alpha token holders. This type of system weights votes based on how long a holder commits their tokens, rewarding long-term alignment over short-term speculation.
The roadmap also includes updates to the TaoFlow algorithm, which governs how incentives are distributed across the network’s subnets.
Steeves resigned as CEO of the Opentensor Foundation in February 2026, months before announcing this roadmap. The move was explicitly framed as reducing key-person dependency.
What this means for investors For TAO holders, the roadmap addresses the single biggest governance risk that has weighed on the token. The April 2026 price drop following Covenant AI’s departure demonstrated how directly governance concerns translate into market impact.
The conviction-based voting mechanism deserves particular attention from investors. If implemented correctly, it could create a structural incentive for longer-term holding, reducing sell pressure and rewarding patient capital. If implemented poorly, it could entrench existing large holders and create a new form of centralization dressed in governance clothing.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Four months after giving up the CEO title at the Opentensor Foundation in what observers called a "Satoshi moment," Bittensor co-founder Jacob Steeves, known online as @const_reborn, is saying openly what critics have long alleged: core direction still runs through him. In a new essay, Steeves acknowledges that the AI network is not fully decentralized where it matters most, and argues that is a deliberate choice rather than a failure.
The Case for Centralized Speed Steeves frames the current structure as a practical necessity. According to Crypto Times, the project intentionally maintains a controlled leadership structure so it can move quickly and keep pace with rapid AI development. His argument draws a direct comparison to Bitcoin: where Bitcoin needed to be fully decentralized from day one to resist financial control, AI is still in early stages and has not yet faced the same regulatory pressure, so Bittensor can grow first and decentralize later.
His plan is not a single switch-flip but a phased approach targeting roughly 18 months, with a completion date around December 2027. The roadmap calls for raising validator competition, implementing bidirectional liquidity pools, and introducing a conviction-based voting mechanism for Alpha token holders, a system that weights votes based on how long a holder commits their tokens. Steeves also points to what he considers irreversible foundations: no pre-mine, no presale, no founder allocation, five years of live operation, and 128 active subnets across the network.
Governance Under Pressure Steeves resigned as CEO of the Opentensor Foundation in February 2026, months before publishing this roadmap. At the time, he indicated the primary shift would be legal and structural rather than operational, noting that day-to-day development would continue as before. Critics were quick to note the gap between the symbolic gesture and operational reality.
That criticism reached a breaking point on April 10, 2026. The Block reported that Covenant AI, a major subnet developer on Bittensor, announced it was leaving the network entirely. Founder Sam Dare accused Steeves of operating what he called "decentralization theatre," alleging that Steeves "maintains effective control over the triumvirate, resists any meaningful transfer of authority, and deploys changes unilaterally whenever he chooses, without process and without consensus." Covenant AI also sold approximately 37,000 $TAO tokens valued at over $10 million during the exit. $TAO dropped roughly 15 to 27% in the immediate aftermath, one of its worst single-day moves.
On the same day, a newly launched site called Tao Papers published what it described as on-chain forensics from multiple whistleblowers, claiming that of 41 Bittensor network upgrades between 2023 and 2026, 38 were proposed and deployed from infrastructure controlled by Steeves. Steeves disputed the allegations, arguing his actions fell within normal network participation and were visible on-chain.
The new essay and roadmap are, in part, a direct response to that episode. Whether a phased plan steered by the same individual constitutes a credible path to decentralization is now the central question for $TAO holders and builders considering the network.
Sources:
The Block: Covenant AI exits Bittensor, TAO drops 15%
Crypto Times: Bittensor isn't fully decentralized yet, co-founder explains why
Crypto Briefing: Bittensor founder targets full decentralization within 18 months
Bittensor co-founder Jacob Steeves has acknowledged that the protocol is not yet fully decentralized, saying the network still relies on core-team control in key areas while outlining a roadmap to complete decentralization within the next 18 months. Steeves, known in the crypto community as Const, said the current structure was not a design failure but a strategic decision made during the rapid development phase of artificial intelligence.
Bittensor has become one of the most prominent crypto-AI networks, using its TAO token to reward participants that contribute useful digital commodities, including machine intelligence, compute, storage and other services across specialized subnets. The project has attracted strong investor attention because it attempts to create an open market for AI resources outside the control of large technology companies.
However, its decentralization claims have faced growing scrutiny. Critics have argued that while Bittensor has open participation and distributed token ownership, important parts of the protocol still depend on a small group of engineers and core contributors. Steeves’ roadmap appears to directly address that criticism by acknowledging that Bittensor is not yet comparable to Bitcoin in terms of decentralization.
Centralization was a strategic trade-off Steeves said Bittensor’s centralization reflects the need to move quickly in a fast-changing AI market. Unlike Bitcoin, which was designed primarily as a censorship-resistant monetary system, Bittensor is trying to build an adaptive intelligence marketplace. That has required frequent upgrades, rapid error correction and active protocol design.
The key issue is the economic incentive layer. Reports summarizing Steeves’ roadmap say Bittensor remains directionally guided by the core team, particularly around emissions, validator behavior and protocol-level incentives. That matters because Bittensor’s value proposition depends on whether the network can fairly reward useful intelligence production without excessive control from insiders or dominant validators.
The network has expanded significantly, with active subnet teams and validators competing to produce and evaluate different digital services. But decentralization is not only about the number of participants. It also depends on who controls upgrades, who determines incentives, how emissions are allocated and whether governance can function without informal founder authority.
Steeves’ admission may therefore be important for credibility. Rather than defending the protocol as already fully decentralized, he is framing decentralization as a process that must now become the project’s main priority.
Roadmap aims to reduce founder control The 18-month roadmap includes several mechanisms intended to shift Bittensor away from core-team dependence. Planned changes include stronger validator competition, new liquidity pools that could help balance market dynamics, a conviction mechanism that allows token holders to signal long-term commitment, and steps to remove value extractors from the ecosystem.
The conviction mechanism is especially important because it could give committed TAO holders more formal influence while making short-term manipulation harder. Liquidity pools and shorting mechanisms could also help create more efficient markets around subnet assets and reduce the risk that attackers manipulate network growth or emissions.
If successful, the changes would move Bittensor closer to a model where validators, subnet operators and token holders collectively govern the system. That would help answer one of the biggest questions facing crypto-AI networks: whether they can scale without becoming dependent on the same centralized decision-making they claim to replace.
The challenge is execution. Decentralizing too quickly could slow development or expose the protocol to governance attacks. Moving too slowly could strengthen criticism that Bittensor is decentralized in branding but centralized in practice.
For investors, the roadmap adds both opportunity and risk. TAO’s long-term value depends heavily on whether Bittensor can become credible infrastructure for decentralized AI. Full decentralization would strengthen that thesis, but failure to deliver could undermine one of the protocol’s core narratives.
Steeves’ message is ultimately a reset of expectations. Bittensor is not yet fully decentralized, but its founder is now putting a timeline on when it should become so. The next 18 months may determine whether Bittensor can evolve from a founder-led crypto-AI network into a genuinely decentralized intelligence market.
Bittensor has dropped 4%, reaching $223. TAO’s daily trading volume is up by 81%. The fear sentiment in the market has pushed the majority of the assets into the red zone. Among the tokens, Bittensor (TAO) is losing momentum, registering a 4.05% drop. In the early hours, it traded at $235.86, and with the bears entering the TAO market, the price dropped to the $220.59 range.
At the time of writing, Bittensor traded within the $223.01 zone, with the market cap found at $2.46 billion. Moreover, the daily trading volume of the asset has exploded by over 81.92%, reaching the $664.09 million mark, according to the CoinMarketCap data.
Zooming in on the 4-hour price chart of Bittensor, there is an active downside momentum, slipping to the $212.38 support range. With a continuous bearish correction, a death cross might take place, and the bears could likely push the asset’s price even lower, below $201.02.
On the other hand, assuming an uptrend emerges, the Bittensor price could climb to the immediate resistance level at around $234.37. If the bulls gain more strength, with the potent upside correction, a golden cross would emerge and drive the price to $245.73 or even higher.
Will Bearish Momentum Drive Bittensor to New Lows? Bittensor’s technical analysis reports that both the Moving Average Convergence Divergence (MACD) and signal lines are below the zero line. It indicates the bearish trend. The price action is trading below its longer-term average, and the sellers continue to control the broader direction of the market.
Furthermore, the Chaikin Money Flow (CMF) reading stationed at -0.14 suggests moderate selling pressure with a noticeable outflow of capital. The volume favours distribution rather than accumulation. The bearish sentiment of TAO is currently stronger, and selling activity continues to outweigh buying interest.
The daily Relative Strength Index (RSI) value is found at 34.68. Also, this points to weak bearish momentum, with Bittensor approaching its oversold territory. With the downside pressure present, though, the asset is getting closer to levels where a short-term bounce could emerge if buying interest returns.
Moreover, TAO’s Bull Bear Power (BBP) of -16.8 showcases strong bearish pressure in the market. The price is trading below its average, showing that sellers are firmly in control. It reflects sustained downside momentum with buyers needing to regain momentum before a recovery can take shape.
Crypto Market Highlights
Trader With a 93% Win Rate Places a $105M Bitcoin (BTC) Long: Could Another Rally Be Brewing?
Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain
The cryptocurrency market trades amid increasing sell-side pressure on Tuesday, reflecting a broader deterioration in sentiment and appetite for risk assets. Artificial Intelligence (AI)-linked tokens such as Bittensor (TAO) and Near Protocol (NEAR) exhibit both fundamental and technical weaknesses, trading at $217 and $1.99, respectively.
The ongoing crypto market downturn, highlighted by Bitcoin (BTC) retesting the $62,000 support level, appears primarily driven by persistent geopolitical uncertainty. Investors remain cautious as the United States (US) and Iran issued conflicting statements regarding the peace framework reached at last weekend’s negotiations in Switzerland.
Sentiment in the wider crypto market remains in Extreme Fear territory, as evidenced by the Fear & Greed Index, which climbed only marginally to 23 on Tuesday, up from 20 the day before. This subdued sentiment indicates that appetite for risk assets is significantly low, leaving prices vulnerable to limited liquidity, low demand and lack of a follow-through tailwind.
Crypto Fear & Greed Index | Source: AlternativeBittensor remains under pressure amid lingering capital outflowsRetail participation in Bittensor continues to wane, with Futures Open Interest (OI) averaging $223 million on Tuesday, down from $239 million the previous day. While OI briefly surged to $357 million on June 15 amid heightened derivatives activity, the subsequent unwinding of long positions underscores a prevailing lack of confidence in Bittensor’s capacity to maintain upward momentum.
Bittensor Futures OI | Source: CoinGlassBittensor trades around $217, maintaining a bearish near-term tone as price holds beneath a dense cluster of Exponential Moving Averages (EMAs). The 50-day EMA at $247, the 100-day EMA at $253 and the 200-day EMA near $267 all sit overhead as dynamic resistance, reinforcing the broader downtrend marked by the descending resistance trend line projecting toward the $291 area.
Momentum appears mixed with the Moving Average Convergence Divergence (MACD) histogram contracting just above the zero line on the daily chart, hinting at fading downside pressure. On the other hand, the Relative Strength Index (RSI) around 41 on the same chart reflects subdued buying interest rather than a convincing bullish reversal.
TAO/USDT daily chartInitial resistance is aligned with the Bollinger Bands’ center line at roughly $227, with further hurdles at the 50-day EMA near $247 and the 100-day EMA at $253. A sustained break above the 200-day EMA around $265 would be needed to challenge the broader downtrend and re-expose the descending trendline region near $291. Conversely, support is anticipated at the $200 psychological level, followed by the lower Bollinger Band, currently near $181, which mark the next meaningful demand areas if bearish pressure intensifies.
Near Protocol drawdown continues amid waning retail demandCapital outflows from Near Protocol derivatives remain persistent, as reflected in the perpetual futures OI falling to $390 million on Tuesday from nearly $453 million the day before. CoinGlass data show a brief surge in OI to $558 million on June 16, followed by a decline that hints at diminishing risk appetite.
Near Protocol | Source: CoinGlassNEAR trades around $1.99, consolidating in the middle of its downward-sloping channel and facing a mildly bearish near‑term tone as it sits just under the 50‑day EMA at $2.01. The spot price remains above the 100‑day and 200‑day EMAs at $1.82 and $1.79, respectively, which suggests an underlying medium‑term base.
Nevertheless, the negative MACD histogram on the daily chart and an RSI around 45 hint that upside momentum is fading. Near Protocol is also capped below the Parabolic SAR at $2.56.
NEAR/USDT daily chartOn the topside, initial resistance is highlighted by the 50‑day EMA at $2.01. A daily close above this level would expose the upper boundary of the descending channel near $2.23, ahead of a stronger barrier at the latest Parabolic SAR reading around $2.56. Looking down, immediate demand is seen at the 100‑day EMA at $1.82, followed by the 200‑day EMA at $1.79. A decisive break below this support cluster could open the way toward the channel floor down at $1.08.
(The technical analysis of this story was written with the help of an AI tool.)
Open Interest, funding rate FAQs Higher Open Interest is associated with higher liquidity and new capital inflow to the market. This is considered the equivalent of increase in efficiency and the ongoing trend continues. When Open Interest decreases, it is considered a sign of liquidation in the market, investors are leaving and the overall demand for an asset is on a decline, fueling a bearish sentiment among investors.
Funding fees bridge the difference between spot prices and prices of futures contracts of an asset by increasing liquidation risks faced by traders. A consistently high and positive funding rate implies there is a bullish sentiment among market participants and there is an expectation of a price hike. A consistently negative funding rate for an asset implies a bearish sentiment, indicating that traders expect the cryptocurrency’s price to fall and a bearish trend reversal is likely to occur.
Key HighlightsInfrastructure Overhaul and Security Validation CompletePrivacy Coin Integration Advances Post-RecoveryAdditional Asset Integrations On Development Roadmap Cross-chain protocol THORChain reinstates trading following $10.7M security incident Complete vault infrastructure overhaul and keyshare validation enable network relaunch Zcash integration scheduled for deployment following successful recovery Monero trading functionality awaits activation after comprehensive testing completion Bittensor integration planned as protocol expands asset offerings THORChain has successfully relaunched its decentralized exchange network following extensive security enhancements that resolved vulnerabilities responsible for a $10.7 million loss. After remaining offline for over thirty days, the protocol has reactivated swap capabilities, transaction signing, liquidity operations, and vault management. The relaunch came after comprehensive vault inspections, keyshare authentication, node software updates, and complete infrastructure transition.
Infrastructure Overhaul and Security Validation Complete The decentralized exchange suspended all operations on May 15 after security researchers identified an attack exploiting weaknesses in its GG20 threshold signature scheme. The vulnerability gradually leaked cryptographic key information, enabling an unauthorized node operator to reconstruct a complete private key. This security breach resulted in the unauthorized withdrawal of $10.7 million from protocol-controlled vaults.
Development teams deployed an urgent security patch on May 20 to safeguard remaining funds within operational vaults. A comprehensive software upgrade followed on June 9, eliminating the signature scheme vulnerability that attackers had exploited. Additional refinements arrived via a June 11 update, which enhanced system stability and resolved KeyVerify operational issues.
The protocol subsequently employed KeyVerify functionality to authenticate vault security across the network and validate every individual node keyshare. Teams decommissioned outdated vault infrastructure and transferred all assets into freshly established vaults before reactivating the network. Full functionality has returned, including transaction signing, node rotation, asset custody, trading operations, liquidity management, and cross-chain swaps.
Privacy Coin Integration Advances Post-Recovery The protocol plans to introduce native Zcash trading and vault capabilities approximately two weeks following network restoration. This addition will facilitate direct ZEC transactions without requiring wrapped token alternatives or centralized service providers. Protocol developers have not yet announced a definitive activation date for this functionality.
The Zcash implementation will broaden the platform’s cross-chain ecosystem beyond currently established cryptocurrencies like Bitcoin and Ethereum. The protocol currently facilitates direct value transfers between supported blockchain networks through decentralized liquidity mechanisms. This upcoming integration introduces another privacy-oriented digital asset to the available options.
Development teams will closely track vault functionality and signing operations throughout the initial post-relaunch period. Node operators continue maintaining network security through distributed key custody and transaction validation processes. The protocol prioritizes operational stability over rapid feature deployment during this recovery phase.
Additional Asset Integrations On Development Roadmap The platform also intends to activate native Monero trading following successful Zcash deployment. Technical teams report that comprehensive XMR swap testing has already achieved functionality, though public launch remains pending. Direct integration would enable Monero to interact seamlessly with all other supported assets within the protocol ecosystem.
Developers additionally anticipate introducing Bittensor support approximately six weeks after network operations resumed. This integration would incorporate TAO into the decentralized cross-chain trading infrastructure. However, the projected schedule remains contingent upon sustained network stability and successful technical implementation.
This relaunch concludes the protocol’s most extended operational suspension in recent history. THORChain returns to service with corrected signature software, authenticated keyshares, and completely rebuilt vault architecture. The platform’s immediate focus centers on maintaining stable operations, expanding asset availability, implementing dynamic fee structures, and increasing liquidity depth.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Kim Asendorf's PXL DEX is an onchain art collection that links NFTs and ERC-20s in a way we've never seen before.
2
Subscribe to Bankless or sign in
In recent times, there's been a wave of experiments tying NFTs and fungible ERC-20s more tightly together. Think DN-404, ERC-20z, Apptokens, etc.
But what happens when an artist dives in at this crossroads to make an entirely new kind of onchain artwork?
We got a glimpse at the possibilities here this month, as Kim Asendorf just released his latest series PXL DEX.
— FLAMINGO 🦩 (@FLAMINGODAO) January 16, 2025 Asendorf is a German visual artist who specializes in digital conceptual art. People in the NFT space are most likely to recognize his work via collections like Cargo and SABOTAGE.
His creations challenge viewers to reflect on their relationship with technology, presenting both simple and complex digital worlds for interpretation. This same spirit unsurprisingly animates PXL DEX.
Congrats to @kimasendorf on the release of PXL DEX, thrilled to see dynamic artworks onchain receiving so much positive attention and deserved acclaim.
PXL DECK 175, owned by @matto__matto
2025 looking to be a great year for art on Ethereum 🫡 pic.twitter.com/nVvlX7akBd
— Material Protocol Arts (@material_work) January 22, 2025 Yet PXL DEX stands out in Asendorf's oeuvre in the way that it combines both NFTs and ERC-20 tokens toward achieving dynamism and interactivity.
How PXL DEX worksWhen collectors minted one of the 256 PXL DEX NFTs, they simultaneously minted a corresponding number of PXL tokens (ERC-20).
By default, 50,000 PXL tokens fill the NFT, starting its pixelated animation. Collectors could mint up to 500,000 PXL tokens during the initial minting, plus they can later choose to add more.
Each PXL token represents a pixel within the NFT’s animation, with the number of PXL tokens determines the artwork's density, from faint and minimal to dense and vibrant.
Enjoying this article?
Subscribe to Bankless or sign in
— marka (@marka_eth) January 21, 2025 Accordingly, collectors can adjust their Deck’s appearance over time by depositing or withdrawing PXL tokens, curating the animation’s complexity.
All elements of the NFTs—animations, metadata, and visuals—are notably stored directly on Ethereum, i.e. fully onchain. There's no reliance on private servers, Arweave, IPFS, etc.
As for the animations, they're rendered in real-time using custom WebGL and shader coding, and they can become so complex that they essentially become impossible to convey.
"At the blockchain level it's technically possible to add infinitely more PXL to a Deck, but eventually it will strain the ability of any computer to render the animation," as the critic and filmmaker Kevin Buist noted in his editorial Tokenizing Pixels.
Why it mattersSpeaking of Buist, he also perfect summarized why PXL DEX is artistically significant in that same editorial:
"Digital art, particularly when made from the ground up with custom code, lends itself naturally to the kind of broad conceptual questions that move past the visual content of a work and straight to the heart of what a thing is and what it does. The animations of PXL DEX are beautiful and entrancing, but this is not a screensaver. This is a series that probes the borders of what screen-based work can be, which also involves the viewer/collector in a way that pushes beyond perception into collaboration."That said, PXL DEX is onchain not just for the sake of being onchain, but specifically to use tokens to enable the very collaboration that the series artistically and foundationally springs from.
But another reason why PXL DEX is significant is because what it will inspire going forward—both in the artist and across the wider cryptoart community.
What I mean with regard to Asendorf is that he's only just beginning to dig into the possibilities here, as he's planning more PXL releases in the future.
"PXL DEX is the first artwork within the PXL ecosystem, an ongoing work series to experiment with pixels as utility tokens," he's explained.
I don't want to rank or say what project is best, but PXL DEX by @kimasendorf is a gorgeous and thoughtful piece of work. Visually stunning, exploring the medium's native capabilities and self-releasing the work. Excited about what's coming this year. pic.twitter.com/gLjIF9elh5
— rudxane (@rudxane1) January 21, 2025 This collection has already become a sensation with more than a few cryptoart and fully onchain connoisseurs, so the prospects of more and potentially larger related experiments is something collector types will want to track in the months ahead.
And then as far as the community goes, it's no stretch to assume that PXL DEX will inspire a new wave of hybrid NFT and ERC-20 projects that are explicitly artistic in nature rather than directly tied to games, PFPs, etc. So that's another thread you'll want to keep an eye on.
This new release may fly under the radar for many as niche. But for those of us who do zoom in, it reminds us that the line between creator and audience is increasingly being blurred in onchain art, and in that blurring, even more experiments and opportunities are on the way.
Ethereum gaming network Ronin has opened its doors for any developer to build new games, decentralized applications, or other projects in its ecosystem as part of a broader “Open Ronin” push.
Previously, Ronin has operated as a curated blockchain, with the Ethereum sidechain building a reputation for prominent crypto gaming experiences and developing a die-hard fan base in the process. Ronin’s RON token has grown to become the second largest gaming chain token by market capitalization at $720 million, according to CoinGecko, since it launched in 2021.
Ronin is the home to the popular farming game Pixels, strategy title Apeiron, as well as the seminal play-to-earn game Axie Infinity—which was developed by Ronin creator Sky Mavis itself. Over the past year, multiple developers have switched to the gaming network citing the “Ronin Effect,” referencing the apparent boost that games see from the Ronin audience.
As part of the Open Ronin announcement, Pirate Nation developer Proof of Play said that the game is expanding from Arbitrum to Ronin, with a Ronin NFT mint planned ahead.
“Over the past four years, we’ve cemented our status as the premier gaming chain, and now we’re evolving once again,” Sky Mavis CEO and co-founder Trung Nguyen said, in a statement. “With Open Ronin, we’re accelerating our growth—unlocking more games, DeFi applications, and dApps than ever before. I believe this moment will be studied for years to come.”
With this move, Sky Mavis has released the Ronin Developer Console as a toolkit to help those building on the network. The toolkit will aid developers in creating simple NFT listings, sponsored transactions (so that players avoid paying gas fees), and in-game marketplaces, plus will provide smart contract templates.
1/ The Golden Age of Ronin Starts NOW!
We have just submitted a transaction to break down the allowlist for deploying contracts on Ronin.
From this moment forward, Ronin is open.
Here’s what this grand opening means for our movement 🧵👇 pic.twitter.com/Wmr3Pimaqb
— Ronin (@Ronin_Network) February 12, 2025
“Today marks the dawn of Ronin’s golden age,” Nguyen said. “If you’re building something that will make sense to everyday people, we want you to build it on Ronin.”
Since its inception, Ronin has opted for a closed, curated approach—only accepting developers of projects they deemed high-quality enough. Sky Mavis and Ronin co-founder Jeff “Jihoz” Zirlin told Decrypt this is because there is an “overabundance” of games in crypto, while there remains a lack of gamers. But, even during that mid-2024 interview, he had an eye on the chain going “pervasively permissionless.”
“Now, with a more mature ecosystem and growing market demand, it makes sense to transition into a more self-serve model,” Nguyen told Decrypt in a statement, “allowing more developers and creators to build, experiment, and scale on Ronin while maintaining the quality and success that made it appealing in the first place.”
Zirlin said that by going permissionless, the number of games deploying on the gaming network would accelerate. In doing this, he hopes one of those games would help drive the growth of Ronin—like Pixels did in 2024, and Axie Infinity did during the play-to-earn boom of 2021.
“The endgame is to create an ecosystem that seamlessly blends gaming with ecommerce and payment apps,” Zirlin told Decrypt in 2024. "We believe the path to getting there is by bootstrapping adoption and attention through gaming, and then expanding into payments and ecommerce, thereby disrupting the predatory banking system and credit card industry.”
Edited by Andrew Hayward
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Pixels and Forgotten Runiverse, a pair of crypto games on the gaming-focused Ethereum scaling network Ronin, are teaming up to bring Pixels’ PIXEL token to the Runiverse—the massively-multiplayer online role-playing game or MMORPG that just opened to the public in early access.
Forgotten Runiverse, developed by Biosonic, is based on the lore of the Ethereum NFT collection Forgotten Runes Wizard’s Cult. The game opted to move from layer-2 Arbitrum to Ronin in July 2024 and will eventually have its own native token, XP, which will act as the ecosystem token for Forgotten Runes.
Social farming game Pixels also made its own move to Ronin in late 2023, driving substantial renewed attention to the Ethereum network ahead of last year’s launch of the PIXEL token. Amid a recent push to open up Ronin to all builders, the two teams are now collaborating.
“We’ve always seen a lot of potential synergy between our teams, as we both are focused on creating interoperable, sustainable Web3 economies, and we’re constantly thinking about how we can work together to push that vision forward,” Pixels founder Luke Barwikowski told Decrypt.
“Honestly, if there’s one thing the industry needs right now, it’s more collaboration,” he added. “Ultimately, this is a win-win for all of us.”
Thanks to the collaboration, Runiverse players will be able to claim PIXEL rewards with Quanta—the in-game currency of the Forgotten Runiverse. PIXEL will also be used for purchasing mana, boosts, and exclusive items within the game.
How the Pixels x Forgotten Runiverse collaboration will work. Image: Pixels/Forgotten Runiverse“By integrating PIXEL into the Runiverse, we’re offering players the chance to engage with a proven token economy inside a new game,” Biosonic COO Shane Bierwith told Decrypt. “This not only adds immediate utility for PIXEL, but also strengthens our own ecosystem as we prepare to launch our native token, XP.”
The teams expect that the integration will not only enhance token utility for PIXEL, but also “offer valuable data to optimize player engagement and play-to-earn strategies.”
“Success, for us, comes down to the data,” said Barwikowski. “We’re all about using big data, AI, and predictive analytics to refine our play-to-earn models and boost reward efficiency.”
“Partnering with Forgotten Runiverse allows us to dive deep into player behavior, optimize our P2E systems, and ultimately improve retention and engagement,” he continued. “By building more insights through this partnership, we aim to develop strategies and data points that we can take to additional teams in the future.”
Bierwith too will be analyzing the data, telling Decrypt that Biosonic will measure “how effectively PIXEL drives repeat engagement, retention, and meaningful in-game spend,” including how many users swap Quanta into PIXEL and how it’s used in the game’s gacha-style rewards system called the Font of Memory.
To commemorate the collaboration, Runiverse-themed quests will launch in Pixels, plus a special Runiverse avatar will be available prior to the official launch of PIXEL in the fantasy MMORPG. That token integration is expected to take place sometime this quarter.
Barwikowski said that this integration with the Forgotten Runiverse team is “just the start.”
“The ultimate goal is to work together and bring Web3 into the mainstream,” he told Decrypt. “At Pixels, we’re committed to sharing our insights and tools to help other games scale and grow because collective progress helps us all in the long-term.”
Pixels has generated more than $20 million in revenue and boasts more than 10 million registered players, according to its team. PIXEL has already been integrated into not only the core Pixels game but also spinoff Pixel Dungeons, which launched in December.
Edited by Andrew Hayward
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Ethereum game Pixels is offering token rewards for players who successfully flirt with AI-powered NPCs, with the top 500 players earning PIXEL tokens and possibly future AIV tokens. Players must purchase a key for PIXEL tokens to access the limited-time flirting challenge, which ends May 22. • This feature is part of Pixels' broader strategy to enhance player engagement through AI integration. Ethereum farming game Pixels is currently offering players the opportunity to earn a token airdrop by flirting with an AI-powered non-player character (NPC)—yes, really.
Players have jokingly branded the experience as a “rizz-to-earn” mini-game, in the wake of the popular but fleeting play-to-earn and tap-to-earn game models.
Players must load up Pixels and head over to Terra Villa before entering AiVeronica’s castle to purchase a key for 100 PIXEL tokens ($5). You can also buy one from the AiVeronica site for 77 PIXEL ($4), but the supply is close to running out. Then you’ll be able to enter the room and start rizzing it up.
You’ll be welcomed by a character with its own distinct personality, interests, and story. Gamers earn points based on how well they sweet-talk the character, and players that earn more than 80 points will rank on a campaign leaderboard.
AIVeronica is coming to @pixels_online !
Meet her as she's tapping into the exciting world of Pixels - best thing: she’s not coming alone. 💜✨
Explore the castle, where every heartbeat matters and every choice can change your fate.
In this all-new Pixels experience:
💟… pic.twitter.com/aeTdfGAMTO
— AiVeronica (@Aiveronica_) May 7, 2025
The top 500 players that reach a score of 80 points or higher in the shortest time will receive PIXEL rewards. These rewards will be determined by the key sales, with the top 10 players each earning 1% of the PIXEL pool, ranks 11-100 getting 0.3% each, and anyone below that 0.2% apiece. There is also the potential for a future airdrop of AiVeronica tokens, AIV, in the future.
The rizz-filled quest started last week and will run until Thursday, May 22. So, how do you become the rizz king? Turns out it’s just a vibe.
“Unfortunately, you can’t really teach rizz—you have to just feel it,” Luke Franks, a crypto gaming content creator that has a brand deal with AiVeronica, jokingly told Decrypt. “But also yes, each character has a special interest, so try and work it out quickly and talk to them about what they like. That will get you points fast.”
AiVerionica is an AI agent that learns by interacting with players in video games. Developed in partnership with the Virtuals Protocol, the agent has its own token that is currently sitting at a $4.5 million market cap, according to DEX Screener. While powered by AiVeronica, the in-game characters are technically considered her friends, not necessarily Veronica herself.
While fun and certainly funny, the rizz-to-earn quest is part of a broader exploration into how advanced AI NPCs like AiVeronica can improve gaming experiences.
“AiVeronica is part of our long-term vision to push the boundaries of storytelling and interaction in Pixels, as a way to increase community engagement,” Pixels founder Luke Barwikowski told Decrypt. “We're already exploring future AI-powered features, like an AI agent farmhand, to deepen the gameplay experience. Our goal is to make Pixels a living, evolving world, and AI plays a role in accomplishing that.”
The evolution of AI has already influenced the crypto gaming industry, with Ethereum metaverse Decentraland adding AI NPCs in 2023. Similarly, a wave of mods hit traditional gaming that same year, with a Grand Theft Auto 5 mod allowing NPCs to hurl insults at you.
And on Friday, an AI-powered Darth Vader was added to Fortnite, using the recreated likeness of the late voice actor James Earl Jones—but it wasn’t all sunshine and rainbows, as players were able to get it to swear and slur pretty easily.
Still, AI is a powerful tool to help make gaming experiences feel more alive. Barwikowski said that the flirty quest highlights the game’s goal to create “unique, memorable experiences” for players.
“We’re always looking for new ways to bring players together through meaningful in-game activities,” he said. “AIVeronica’s friends aren’t just NPCs, as they react to player choices, change the storyline, and feel like real characters. It’s a big step toward our vision of making Pixels a world where characters feel alive and player decisions have impact.”
Edited by Andrew Hayward
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
The crypto market is bracing for significant token unlocks in the third week of August 2025. Approximately $1 billion in new token supplies will hit the market.
Three prominent projects, LayerZero (ZRO), KAITO (KAITO), and Soon (SOON), will release substantial token volumes, potentially driving market volatility and influencing short-term price dynamics.
1. LayerZero (ZRO) Unlock Date: August 20 Number of Tokens to be Unlocked: 25.71 million ZRO (2.57% of Total Supply) Current Circulating Supply: 111.15 million ZRO Total Supply: 1 billion ZRO LayerZero is an interoperability protocol designed to enable seamless communication across different blockchains. It supports censorship-resistant, permissionless development with immutable smart contracts.
On August 20, LayerZero will release 25.71 million ZRO tokens, valued at approximately $51.9 million. These tokens account for 23.14% of the current circulating supply.
ZRO Token Unlock in August. Source: TokenomistOverall, the allocation includes 13.42 million ZRO for strategic partners, 10.63 million tokens for core contributors, and 1.67 million ZRO for tokens repurchased by the team.
2. KAITO (KAITO) Unlock Date: August 20 Number of Tokens to be Unlocked: 23.35 million KAITO (2.3% of Total Supply) Current Circulating Supply: 241.38 million KAITO Total Supply: 1 billion KAITO Kaito is an artificial intelligence (AI)-powered Web3 information platform that aggregates and analyzes cryptocurrency market data from diverse sources like social media, governance forums, news and more. The KAITO token serves as a medium of exchange, governance tool, and incentive mechanism within the platform.
On August 20, the team will unlock 23.35 million tokens, representing 9.68% of the current circulating supply. The supply is worth approximately $24.73 million.
KAITO Token Unlock in August. Source: TokenomistThe team will split the unlocked tokens three ways. The foundation will receive 1.19 million tokens. Furthermore, the team will direct 7.16 million KAITO for ecosystem and network growth and 15 million tokens for long-term creator incentives.
3. Soon (SOON) Unlock Date: August 23 Number of Tokens to be Unlocked: 41.88 million SOON (4.32% of Total Supply) Current Circulating Supply: 235.06 million Total Supply: 969.9 million SOON is a high-performance Solana Virtual Machine (SVM) Rollup, designed to implement the Super Adoption Stack. It includes three main components: SOON Mainnet, SOON Stack, and InterSOON.
The network will unlock 41.88 million tokens worth around $11.74 million. The unlocked supply accounts for 17.82% of the current supply in circulation.
SOON Token Unlock in August. Source: TokenomistSOON will allocate 26.67 million tokens to SOONer, a collection of non-fungible tokens (NFTs) built on the Solana (SOL) blockchain. Moreover, it will keep 8.30 million tokens for an airdrop to NFT holders.
The team has earmarked 4.17 million SOON for the ecosystem, 2.22 million tokens for community incentives, and 520,830 tokens for airdrop and liquidity.
In addition to these three, other major projects will release tokens during this period. Investors can look out for token unlocks from Avail (AVAIL), Pixels (PIXEL), Polyhedra Network (ZKJ), and IOTA (IOTA).
As summer gives way to fall, the web3 games that defined H1 of 2025 are giving way to a clutch of new upstarts. Some are on the verge of being released, while others have just been upgraded or begun gaining traction. But all five of the games featured here share this much in common: they’re highly playable. So much so that they’ll be seeing heavy rotation this fall among web3 gamers who know a good thing when they find it. From platformers to RPGs, this fab five do all that with a cherry on top.
Pudgy Party Easily one of this year’s most highly anticipated web3 games, Pudgy Party has been a long time coming. And now it’s here, the Pudgy community are happy little penguins. Not just the original holders of the NFT collection that spawned the Pudgy IP that’s since popped up everywhere – both onchain and in-store – but also web3 gamers at large.
Available on the App Store and Google Play Store, the Mythical Games-created Pudgy Party is a platform romper in which Power Pudgies roam around collecting items and performing bomb leaps and water surges. There are PvP battles, rare skins to collect, and leaderboards to ascend. Having surpassed 500,000 downloads already, this Pudgy Party is gonna run and run.
Pixels Don’t let the retro graphics and Farmville vibes fool you: Pixels packs a real punch. There’s surprising depth to this blockchain farming game, whose open design and community-centric vibes make it a pleasurable place to dip into for a little cultivation and conversation. The Pixels team has been tilling the soil in readiness for a breakout year, and the Ronin Network-powered open-world sim is hitting new heights thanks to fresh updates.
Its large community of farmers – from casual planters to hardcore creators – has been wooed by the clever staking mechanics that tie real rewards into everyday gameplay, turning virtual harvests into tangible value. Pixels invites you to build farms, craft items, and now dive into PvE and PvP modes with the upcoming Chapter 3 release, due in October. Social features let you collaborate on massive worlds, while $PIXEL emissions reward active players, making every session feel rewarding. Thanks to these enhancements, it’s priming for a bountiful fall harvest of Pixel playtime.
EVE Frontier Venturing into the stars, EVE Frontier from CCP Games is the web3 space survival MMO that’s finally igniting after years of anticipation, with Founder Access now live and a free trial running through September. EVE, known for its deep lore and player-driven economies, has harnessed blockchain integration, bringing true asset ownership to this unforgiving universe, attracting explorers ready to claim their slice of the cosmos.
In this Redstone blockchain-powered world, players must mine resources, build ships, and engage in high-stakes PvP or co-op survival, while progress and assets persist across sessions. The recent Vision Update has polished exploration mechanics and added new era features, making every frontier push feel epic and rewarding. As mainnet features expand this fall, EVE Frontier is a go-to for gamers craving immersive space adventures where only the best-prepped survive.
The Beacon Web3 loves its RPGs and in The Beacon it might just have found its most genre-defying yet. This Arbitrum-native game, which is currently in beta, is set to be rolled out this fall, enabling players to enter its dungeons and attempt to vanquish the monsters they contain. A combination of skill and strategy is required to advance through The Beacon, which enables players to choose between three modes: single-player PvE, co-op PvE, and an MMO-like world.
Available on desktop and in-browser, The Beacon is free-to-play, while owners of a Founding Character NFT can enjoy unique rewards such as the ability to find loot in chests and to fully customize their characters. Don’t let the unassuming graphics and familiar fantasy world concept fool you: there’s real depth to The Beacon, which looks poised to illuminate the web3 gaming sector when it drops this fall.
Web3 Games to Fall For As the nights draw, it seems the perfect time for taking a closer look at what the web3 gaming sector is serving up as entertainment. As an examination of the five new or renewed titles featured here shows, there’s something for everyone, from sports fanatics to PvP battlers. And while all of the games contain web3 components, from native tokens to NFTs, these elements have been added to complement the gameplay rather than define it. Come for the fun. Stay for the community vibes and token rewards.
AUTHOR
Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.
Pomona Valley Hospital Medical Center has reached a $600,000 settlement over alleged unauthorized tracking on its public website.
Why It Matters The class action lawsuit, Warren v. Pomona Valley Hospital Medical Center, was filed in the Superior Court of the State of California, County of Los Angeles, on March 9, 2023.
The plaintiffs allege that Pomona Valley Hospital's use of Facebook Pixel and other similar technology on its public website violates wiretapping and other statutes under the Website Usage Disclosure. A Facebook pixel is a code placed on websites to track customer actions.
Pomona Valley Hospital denies any wrongdoing. In a statement to Newsweek, the hospital said it "vehemently denies all claims asserted in the class action and that it did anything wrong by using website tracking technology."
What To Know According to the hospital’s privacy policy, non-personal information, like IP address or type of internet browser used, may be collected. The hospital said that it uses collected information primarily for internal purposes, such as providing, maintaining, evaluating, improving its services and website, fulfilling requests for information and providing customer support. Any sensitive data collected, like credit card information, is encrypted and transmitted in a secure way, according to the hospital's privacy policy. Cookies are used on the website but the hospital said it does not sell collected information to outside parties.
Pomona Valley Hospital told Newsweek that it does not believe any health or medical information was transmitted to Facebook or any other third party.
"Like other health care entities that use similar website tracking technology and settled similar class actions, PVHMC determined that it was in the best interest of the hospital and its patients to settle this matter," Pomona Valley Hospital said in a statement.
California residents who visited the hospital’s website and logged into their patient portal between January 1, 2019, and December 31, 2022, may qualify for the payout.
According to Kroll Settlement Administration, the settlement fund covers attorney’s fees and expenses up to $200,000, service award to class representatives up to $3,000 and settlement administration costs, which are still to be determined. The payment to eligible members will come from the remainder of the fund.
Participating class members will receive a pro rata cash payment from the settlement fund. Members do not have to apply for the fund; they will automatically receive a check or electronic payment. The settlement administrator will use the hospital's records to identify eligible class members.
"As always, PVHMC continues to work diligently and follow best practices to protect patient data integrity and meet or exceed standards for Health Insurance Portability and Accountability Act (HIPAA) compliance," the hospital said.
What Happens Next Those who choose to opt out of the settlement must do so by December 9, 2025. Members can also file an objection to the settlement. This means the member does not like the settlement or parts of the settlement and does not think it should be approved. Objections must be filed in writing to the Settlement Administrator by December 9, 2025.
The final fairness hearing will take place on January 26, 2026.
Participating members do not have to attend the hearing to receive the funds but are welcome to speak to the court during the hearing. Payments will then be distributed after any appeals and the court grants final approval of the settlement.
Newsweek reached out to the plaintiffs' lawyers for comment.
UPDATE 10/24/2025 4:40 p.m.: This story was updated with comment from Pomona Valley Hospital Medical Center.
Have an announcement or news to share? Contact the Newsweek Health Care team at [email protected].
Pixels Chapter 3: Bountyfall is LIVE! Join one of three Unions to jump into a massive team vs. team race to the finish! Each Season’s prize pool increases as more players participate.
How to play Bountyfall: Place Yieldstones in your Union’s Hearth to increase its health. First Union to FULL health takes home 70% of the prize pool!
Hearth Hall will now replace Terra Villa’s HQ building! The Quantum Recombinator is moving to the MOI, Karen is headed to the Post Office, and Kathleen can be found at Buck’s.
Pixels Chapter 3 is LIVE! Explore a flurry of new features and ways to earn in Web3’s most popular farming simulation game. Join a Union. Stack Yieldstones. Sabotage other players. Chapter 3 introduces a massive team vs. team competition with prize pools that scale with participation. Here’s what’s happening:
Play Pixels
Long ago, when the land broke and abundance turned to ash, three Unions rose to restore what was lost. Each follows a different path, yet all share one purpose: To bring balance back to Terra Villa. To help restore stability, learn about each Union and join the one that calls to you most.
Pixels Chapter 3 is a massive multiplayer race. Join a Union → Raise your Union’s Hearth Health → First Union to 100% wins! The Season ends once a Union’s Hearth Health reaches 100%, and the winning Union takes home 70% of the total prize pool. In the Hearth Manager below, you can see stats for total health, deposits, and sabotages as well as a tab for Offerings on the left. Here’s what it means:
In Bountyfall, all three Unions have one Hearth each. Place matching Yieldstones into YOUR Union’s Hearth to increase its health. For example, the Wildgrove Union Hearth accepts Verdant Yieldstones, the Seedwright Union accepts Flint Yieldstones, and the Reaper Union accepts Hollow Yieldstones.
There are two ways to get Yieldstones: Via your home’s Infinifunnel as rewards for completing task board tasks, and via crafting with a Yieldstone Press and Yield Reactors. Learn how to craft Yieldstones in Pixels’ guide here.
Verdant, Flint, and Hollow Yieldstones.Offerings do one of two things: Amplify the power of Yieldstones, or protect Hearths from sabotage. For example, a Power Offering can level up your Hearth from Level 0 to Level 1. This will speed-up your Union’s journey to 100% Hearth Health! However, sabotage is much more interesting.
Power and Defence OfferingsPlayers can send the wrong Yieldstone to opposing Unions’ Hearths. For example, the Wildgrove Union might send extra Verdant to the Seedwright Union. This will lower the Seedwright Union’s Hearth Health. Defence Offerings protect YOUR Union from these malicious Yieldstones.
Pro-tip: You can switch Unions once at any time. After that, switches require a 50 $PIXEL Harvest Union Changer and a 48-hour cooldown period.
Wildgrove → Needs Verdant Yieldstones
Wildgroves believe in letting the land breathe. You will see the land grow wild in their keep. They believe every root and river knows how to heal on its own. Balance is not forged, it is allowed. If you feel the same, you might just be a Wildgrove.
Seedwright → Needs Flint Yieldstones
Seedwrights believe the land thrives when guided. Left alone, it devours itself. The Hearths respond to care, effort, and discipline. Seedwrights rebuild not by chance, but by hands that tend with purpose. When you believe in discipline, you believe in Seedwrights.
Reaper → Needs Hollow Yieldstones
Reapers believe life and death are the same harvest. They acknowledge that nature gives and takes. They remember the price of the First Flame. Others forget. But they choose to offer what must be given. Reapers believe light and darkness should coincide.
Hearth Hall will now replace Terra Villa’s HQ building! The Quantum Recombinator is moving to the MOI, Karen is headed to the Post Office, and Kathleen can be found at Buck’s. Explore Hearth Hall to learn more about your journey into each realm’s Union.
Each Season lasts until the first Union reaches 100% Hearth Health. Here’s how much each Union can take home in a Season:
🥇 1st place Union: 70% of the rewards pool
🥈 2nd place Union: 30% of the rewards pool
🥉 3rd place Union: starter Yieldstones for the next season!
Unions will distribute rewards to their members based on contribution. For example, a Wildgrove member who contributed a lot will earn more than a Wildgrove member who only contributed a little. Union members who make no contributions will not earn rewards.
Remember: The more Yieldstones placed into Hearths, the larger the total reward pool. Reward pools will reset at the start of each new Season. There are also special rewards set aside for the top player each Season!
In the evolving landscape of blockchain technology, Solana has rapidly emerged as a platform not merely defined by its technical capabilities but by its broader implications for economic infrastructure. By enabling the class of decentralized applications, SOL is positioning itself as a high-performance blockchain and a foundational layer for the next-generation economic activity.
Why Infrastructure That Enables Continuous Markets In an X post, crypto analyst Vibhu mentioned that Solana is no longer just a piece of financial technology, but a fully functioning economy. What exists on SOL today has gone beyond transactions and smart contracts.
According to the expert, there are dollars and native currencies, real-world assets, metals and rare minerals, energy market, information markets, manufacturing primitives, and global trade rails all operating in real-time on-chain. SOL also has politics, governance processes, divided factions, and ongoing debates about the leading network’s future.
At this point, we are witnessing the birth of a country that lives entirely on the internet. Measured through economic output, SOL would rank around the 157th largest country in the world by GDP (Gross Domestic Product), comparable in size to nations such as Eswatini or Fiji. However, SOL is globally integrated by default, and from a forex and asset-flow perspective, it punches above its weight, integrating with the largest banks and financial institutions across the globe.
Furthermore, SOL has withstood sustained network attacks from nation-state actors, defending itself with systems engineers instead of armies. Economically, SOL is already engaged in trade with countries like Bhutan, ranked 164, the Isle of Man, ranked 154, and even Kazakhstan, which ranks 49 in global economic standings. “Solana is a digital country, and I am proud to be a citizen,” Vibhu noted.
Why Real-Time On-Chain UX Finally Works On Solana Solana continues to see key updates and integration that tend to bolster the network capabilities. Co-founder of TeamElevenX1 and Ambassador at Solflare, Kristofer_Sol, has highlighted that MagicBlock is quietly doing some of the most important work in the Solana ecosystem, pushing real-time SOL closer to true production scale.
At the center of this shift is the deep integration of compressed accounts into the Light Protocol inside Ephemeral Rollups, reducing rent costs by up to 200 times, while still functioning like a normal account for developers. The compression demo is already live, and real applications are actively using it today. Others like Rush Trade deliver faster trades, and Pixels achieve smooth, real-time pixel updates.
Kristofer_Sol stated that this is what a scalable on-chain user experience actually looks like. With low-cost reduction and speed improvements happening without forcing developers to rewrite everything, MagicBlock is quietly removing the friction that has held back games, social apps, and consumer products on SOL.
SOL trading at $123 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com
TL;DR: Add a second screen anywhere with the Mobile Pixels Duex Float 2 Pro 16-inch portable monitor, now $279.99 (reg. $389.99).
Working from a laptop has its limits. You start strong with one screen, but soon, tabs multiply, windows overlap, and even simple tasks start to slow down. The Mobile Pixels Duex Float 2 Pro is designed to solve all that, giving you a bright, portable second screen that goes wherever you do, whether it’s at your desk, on the couch, or on the road. It’s currently on sale for $279.99 (reg. $389.99).
Mobile Pixels Duex Float 2 Pro The Duex Float 2 Pro’s 16-inch portable monitor adds extra workspace without the additional bulk. Its vibrant IPS LCD brings a roomy 16:10 aspect ratio, crisp 2560 x 1600 resolution, and ultra-smooth 120Hz refresh rate. Expect sharp text, lively colors, and smooth scrolling — plus 100% sRGB coverage for true-to-life hues. The anti-glare finish and 350 nits of brightness keep things easy on the eyes during marathon work sessions, and integrated stereo speakers mean you don’t need extra gear for audio.
What makes this monitor stand out is its flexibility. The newly engineered kickstand supports three viewing modes: a stacked dual-screen setup above your laptop, a presentation mode that flips the screen 180 degrees for easy sharing, and a freestanding desktop mode for gaming, content creation or document viewing. A magnetic attachment system allows it to pair with nearly any laptop size, and the entire setup is designed to feel stable.
Connectivity is a breeze and travel-friendly. Two USB-C ports deliver 65W pass-through charging, so your laptop stays powered up while the monitor runs. There’s also a mini-HDMI port for extra flexibility. A single cable handles both video and power and plug-and-play support covers macOS, Windows, Linux, Nintendo Switch, and select Android devices with Samsung DeX.
This extra monitor is a smart fit for multitasking pros, students dealing with research and notes, creators managing timelines and previews — anyone who wants a more comfortable, flexible way to work without the bulk of a full desktop setup. It’s also slimmer and lighter than previous models, so that it won’t weigh you down day to day.
The Mobile Pixels Duex Float 2 Pro 16-inch portable second monitor is currently priced at $279.99 (reg. $389.99). If a second screen would make your workday smoother without tying you to one desk, this setup offers a practical upgrade.
A Vermont breast cancer patient sued Novartis Pharmaceuticals Corp. for allegedly sharing her health information with Google LLC and other companies without consent through hidden website tracking tools.
The complaint alleges Novartis used tracking pixels on its websites offering drug-discount programs to secretly transmit patients’ medical conditions, prescriptions, and other sensitive health data to advertising companies including Google and ContentSquare. Lead plaintiff P.M. filed the proposed class action Thursday in the US District Court for the District of New Jersey.
The plaintiff visited a Novartis website in November 2024 to get information about Kisqali, her cancer medication, and apply for ...
Learn more about Bloomberg Law or Log In to keep reading: See Breaking News in Context Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber? Log in to keep reading or access research tools and resources.
Stacked is a new rewards app built by the Pixels team. Earn and track rewards across multiple games in one place!
Get AI-Powered Player Insights: Studios can use Stacked’s AI game economist to analyze cohorts, spot churn patterns, and suggest reward experiments worth running next.
How to use Stacked: it’s simple to get started for everyone!
Join Stacked Start Getting Rewards!
Welcome to Ronin, Stacked! For years, Web3 gaming rewards have faced a flurry of challenges: Bots, farmed quests, payout design challenges, impractical reward loops, and more. Pixels built Stacked to fix this.
Stacked is a new kind of rewards program. Play multiple games, complete missions, build streaks, earn rewards, and withdraw them from a single app. Behind the scenes, Stacked also provides studios with deep player insight including complex event tracking, precise targeting, reward logic, tight fraud controls, and automated payouts.
Stacked is easy for gamers to use. Download the app, play games, complete missions tailored to your playstyle, and claim your rewards. All in one place. Stacked aims to give players:
Real Games & Clear Rewards: No impossible hoops to jump through to get paid via fun games
A Unified Ecosystem: A single account to seamlessly track and claim everything across the platform
Diverse Reward Triggers: Moving beyond just raw playtime, Stacked rewards the behaviors that actually matter like in-game progression, daily consistency, content creation, team challenges, and referrals.
Strict Data Privacy: Personal data is never sold to third parties. All gameplay signals stay securely inside the Stacked system solely to improve your reward matching.
Stacked helps developers understand which behaviors to reward and why. It’s the infrastructure Pixels wishes they had from day one. Think of it like a LiveOps engine rather than a typical Web3 quest board. Once a studio integrates and begins feeding gameplay events into the app, Stacked takes the heavy lifting out of the economy by helping determine:
Who should receive a reward
What specific actions they are being rewarded for
When the reward should be triggered
What type of reward is most effective
The ultimate goal is precision: incentivizing the right behavior, for the right user, at the exact right moment. More importantly, it allows studios to measure whether those rewards actually moved the needle on core metrics like retention, revenue, or Lifetime Value (LTV). This transforms Stacked into a comprehensive system for running reward-driven LiveOps, fully equipped with granular controls for targeting, pricing, attribution, and preventing bot abuse.
Stacked features a powerful agent layer and AI game economist designed to help LiveOps teams move faster and make data-driven decisions. Instead of manually digging through raw data, developers will be able to ask the system complex economic questions, such as:
What are my most loyal users doing before Day 30?
What separates whales who retain from whales who churn?
What reward experiments should we run to improve Day 7 retention?
Based on prompts like these, the system can generate comprehensive reports, identify meaningful player cohorts, suggest LiveOps experiments, and help teams create new reward logic tied to the outcomes they actually care about. The Pixels team have already been testing it in games including Pixels, Pixel Dungeons, and Chubkins.
For Players: https://stacked.xyz
For Studios: https://stacked.xyz/business
The Pixels team will share more details as the rollout expands. For now, we’re excited to help them showcase what they’ve been building behind the scenes for the ecosystem.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Xai (XAI), the 43rd launchpool project of Binance, is a Layer 3 Blockchain network built on Arbitrum, a Layer 2 scaling solution for the Ethereum $1,663 network. In this article, we will explore what Xai is, the native asset of the Xai network, XAI coin, how to buy XAI coin, and answer many other related questions.
Xai is designed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games without needing to use a crypto wallet. Anyone can support the Xai network by running a node, allowing them to receive network rewards and participate in governance. Xai is developed by Offchain Labs, leveraging Arbitrum technology.
Xai aims to bring hundreds of millions of traditional gamers into Blockchain-based games for the first time by abstracting wallets and offering a fast, low-friction gaming experience, while also providing the benefits of Blockchain technology including open trade, interoperability, composability, and in-game item ownership.
Previous generations of Blockchain gaming ecosystems have demonstrated that Blockchain-based games have a place within the larger gaming ecosystem. However, Blockchain games still require greater scalability. The core value of Xai lies in making it easier than ever for traditional gamers to experience the benefits of Blockchain-based games by prioritizing a delightful, low-friction user experience as the project’s most important principle.
XAI Coin ReviewThe native asset of the Xai network, which shares the same name, is XAI. The supply of XAI coin is limited to 2.5 billion units. XAI coin serves many purposes, primarily for paying transaction fees.
XAI is a currency used for all network-based transactions, such as buying and selling in-game items in games. XAI holders have a say in the development of the network by voting on important proposals and decisions. Additionally, it rewards those who contribute to the network by running network nodes with XAI coins.
How to Buy XAI Coin?XAI coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. XAI coin was listed on Binance on January 9, 2024, and is available for trading in the pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
To purchase XAI coin, you first need to register on the Binance exchange if you haven’t already. After completing the registration process, you need to transfer cryptocurrency or fiat currency like Turkish lira to your Binance account wallet. Once the transfer is complete, you can buy XAI coin in any of the six pairs mentioned above.
To make a purchase from the XAI/USDT trading pair on Binance, first go to the interface of this trading pair. Enter the desired amount in the specified area on the limit tab of the trading pair interface. After entering the amount, the purchase is completed with the Buy XAI order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Aethir recently announced a collaboration with Xai Games, in which they jointly launched a $10 million ecosystem grant to fund the development of AI-powered AAA gaming studios. This program is meant to attract gaming titles to both ecosystems and onboard millions of gamers.
Thrilled to announce our $10M Ecosystem Grant Program with @XAI_GAMES, aiming at bringing AI-powered AAA gaming titles and studios to the fold 🎮
This is just the beginning of empowering creators and gamers alike. Stay tuned for application details!
➡️ Follow @AethirEco to stay… https://t.co/LTGCY8LlGB
— Aethir (@AethirCloud) September 18, 2024 Aethir, known for its decentralized enterprise-grade GPU services, provides essential computing power to game developers worldwide. Through this grant, studios can access AI and Web3 technologies, enhancing gaming experiences and revolutionizing the industry.
Aethir’s Infrastructure Powering Innovation Aethir’s distributed cloud infrastructure is the only decentralized GPU-as-a-service platform catering to AI and gaming clients. With over 43,000 GPUs and an exclusive fleet of 3,000 NVIDIA H100s, Aethir ensures optimal service quality. Its unique edge technology allows enterprises to benefit from secure, scalable computing power at a fraction of the cost of centralized providers.
Xai Games Driving the Next Web3 Evolution Xai Games, built on Arbitrum, is a Layer-3 network designed to onboard billions of traditional gamers into the Web3 space without needing crypto wallets. This unique feature allows gamers to own and trade in-game items seamlessly.
By eliminating common entry barriers to Web3 gaming, Xai simplifies the process for gamers and developers. Its development tools enable studios to integrate tokenized assets and create in-game marketplaces, revolutionizing how games are monetized and experienced.
Aethir & Xai Collaborate for the Future of AI-Powered Gaming This partnership between Aethir and Xai represents a significant leap forward for the gaming industry. The $10M grant program will support AI-driven game development, enabling studios to bring their visions to life.
With Aethir’s decentralized GPU services and Xai’s tools for integrating Web3 features, this collaboration aims to transform how games are created and enjoyed, ultimately reshaping the future of gaming ecosystems. As the program launches, applications will soon open for developers eager to participate.
This joint effort marks the beginning of several grant programs that Aethir plans to roll out in the coming months. Each program aims to foster innovation and empower game developers. The two partners are positioned to drive significant AI-powered and Web3 gaming advancements by offering essential resources and support.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
The crypto market prepares for an alarming bearish wave as certain altcoins stand primed to face massive token unlocks in the coming week. As per latest data from the Token Unlocks App, Aptos (APT), EigenLayer (EIGEN), Optimism (OP), Neon (NEON), Cardano (ADA), Xai (XAI), Mode (MODE), Ethena (ENA), io.net (IO), Hashflow (HFT), Moonbeam (GLMR), Euler (EUL), Iinch (1INCH), and Forta (FORT) remain poised to face increased supply ahead. This supply surge has raised alarming concerns over the future price action of the abovementioned 14 tokens.
14 Crypto Set To Witness Token Unlocks Ahead Per Token Unlocks data, APT, EIGEN, OP, NEON, ADA, XAI, MODE, ENA, IO, HFT, GLMR, EUL, 1INCH, and FORT are set to witness a massive $213 million worth of token unlocks combined. As such, traders need to be wary of investing in these coins as they risk facing downward pressure once the token unlocks occur.
1. Aptos (APT) The crypto Aptos is set to face a cliff unlock of 11.31 million APT, worth $101.22 million, on October 11, the coming week. The massive unlock is equivalent to 2.25% of the coin’s circulating supply. This looming supply surge has raised severe concerns among market participants over the future price run of the token. However, APT price today rested at $8.95, up nearly 1% over the past day. Its intraday low and high were recorded as $8.76 and $9.29, respectively.
2. EigenLayer (EIGEN) The cryptocurrency EigenLayer readies for a cliff unlock of 9.93 million EIGEN, worth $33.67 million, as of October 8. The unlock is equivalent to 5.32% of the coin’s circulating supply, posing a risk to the price. Meanwhile, EIGEN price today traded at $3.39, down 0.59% in the past 24 hours. The coin’s intraday low and high were $3.32 and $3.70, respectively.
3. Optimism (OP) Optimism prepares for an unlock of 12.47 million OP, worth $20.33 million, as of October 10. This unlock is equal to 0.99% of the coin’s circulating supply. OP price today traded at $1.62, up over 4% in the past 24 hours. The coin’s intraday low and high were recorded as $1.54 and $1.63, respectively.
4. Neon (NEON) Simultaneously, data indicated that the crypto Neon is readying for an unlock of 53.91 million NEON, worth $19.66 million, on October 7. The unlock is equivalent to a whopping 93.43% of the total circulating supply, raising alarming concerns among investors. Nevertheless, NEON price today soared nearly 10% to $0.3652. The coin’s intraday low and high were $0.3323 and $0.3647, respectively.
5. Cardano (ADA) Cardano stands primed to witness an unlock of 37.06 million ADA, worth $13.11 million, on October 7. The unlock totals 0.10% of the crypto’s circulating supply. ADA price today gained roughly 1% to reach $0.354. Its 24-hour low and high were registered as $0.3489 and $0.3556, respectively.
6. Xai (XAI) Similarly, Xai stands strong to face an unlock of 35.88 million XAI, worth $7.62 million, on October 9 next week. The unlock totals 6.20% of the token’s circulating supply. XAI price pumped remarkably, nearly 13% in the last 24 hours to $0.212. The coin’s intraday low and high were recorded as $0.187 and $0.2131, respectively.
7. Mode (MODE) MODE is primed to experience an unlock of 500 million MODE, worth $5.64 million, on October 7. This unlock weighs equal to 38.46% of the coin’s circulating supply. MODE price traded at $0.01127 today, up marginally by 0.15% in the past 24 hours. The coin’s 24-hour low and high were registered as $0.01122 and $0.0113, respectively.
8. Ethena (ENA) The crypto Ethena readies for a cliff unlock of 12.86 million tokens, worth $3.87 million, as of October 9. The unlock totals 0.47% of the coin’s circulating supply. Besides, ENA price today gained over 4% to trade at $0.3005. The coin’s intraday low and high were recorded as $0.2844 and $0.3208, respectively.
9. io.net (IO) io.net is set to face a cliff and a linear unlock of 2.11 million and 767.12K IO, respectively, on October 11. The unlock, worth $5.20 million, is equivalent to 3.2% of the coin’s circulating supply. IO price today traded at $1.81, up nearly 6% in the past 24 hours. The coin’s intraday low and high were recorded as $1.67 and $1.84, respectively.
10. Hashflow (HFT) Hashflow remains poised to experience an unlock of 13.85 million HFT, with 13.62 million coins as cliff and 221.4K coins as liner unlocks, on October 7. The unlock reflects 3.04% of the crypto’s total circulating supply. HFT price today jumped over 5% to reach $0.1485. The coin’s 24-hour low and high were $0.1402 and $0.1495, respectively.
11. Euler (EUL) Euler readies for an unlock of 41.17K EUL in cliff and 27.29K EUL in linear, worth $208.79K, as of October 11. This unlock collectively is equivalent to 0.37% of the coin’s circulating supply. EUL price traded at $3.05 today, up nearly 1% in the past 24 hours. The crypto’s intraday low and high were registered as $3 and $3.07, respectively.
12. Moonbeam (GLMR) Moonbeam is standing strong to face the unlock of 3.04 million GLMR, worth $493.53K, on October 11. The unlock is worth 0.34% of the token’s circulating supply. GLMR price today spiked over 1% to trade at $0.162. The coin’s intraday low and high were recorded as $0.1584 and $0.1641, respectively.
13. 1inch (1INCH) 1inch is similarly primed to witness an unlock of 246.43K 1INCH, worth $63.79K, on October 10. This unlock is equivalent to a marginal 0.02% of the total circulating supply. 1INCH price today pumped over 2% to reach $0.2578. The coin’s intraday low and high were recorded as $0.2499 and $0.2608, respectively.
14. Forta (FORT) Forta is bracing for a linear unlock of 2.61 million FORT and a cliff unlock of 50K coins as of October 6. This unlock weighs equal to 0.57% of the coin’s circulating supply. FORT price today is down by 0.5% and is resting at $0.1152. The coin’s intraday low and peak were $0.1151 and $0.1192, respectively.
Altogether, token unlocks pose a severe threat to prices, abiding by the law of supply and demand as supply increases. Notably, the unlocks are a phenomenon where previously locked tokens are periodically released into the market.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major unlocks to watch next week.
EigenLayer (EIGEN) Unlock date: October 8 Number of tokens unlocked: 9.93 million EIGEN Current circulating supply: 186.58 million EIGEN Ethereum-based restaking protocol EigenLayer kicked off October by listing its EIGEN token on major exchanges. On October 8, the project will unlock nearly 10 million EIGEN, valued at $35.75 million as of this writing. These tokens will be allocated for future community initiatives, so the unlock is unlikely to impact the token’s price.
Read more: Ethereum Restaking: What Is it and How Does it Work?
EIGEN Unlock. Source: token.unlocksOptimism (OP) Unlock date: October 10 Number of tokens unlocked: 8 million OP Current circulating supply: 1.25 billion OP Optimism is a Layer-2 scaling solution designed to improve the speed and lower the costs of transactions on the Ethereum mainnet. The OP token plays a crucial role in governance, allowing holders to vote on proposals and decisions that shape the network’s development and management.
On October 10, Optimism will increase its circulating supply by 8 million OP. According to TokenUnlocks, the project will use these tokens for retroactive public goods funding.
Read more: Optimism vs. Arbitrum: Ethereum Layer-2 Rollups Compared
OP Unlock. Source: token.unlocksAptos (APT) Unlock date: October 11 Number of tokens unlocked: 11.31 million APT Current circulating supply: 502.84 million APT Aptos is a Layer-1 blockchain designed to provide a secure and scalable infrastructure for decentralized applications. With a focus on security and performance, it incorporates innovative technologies to enhance the blockchain experience.
Despite being one of the most successful blockchain projects in recent years, Aptos has faced criticism from the crypto community for its tokenomics, which are heavily influenced by venture capital.
A major portion of APT tokens remains locked. On October 11, the project will distribute 11.31 million APT tokens to community members, core contributors, and investors.
Read more: Where To Buy Aptos (APT): 5 Best Platforms for 2024
APT Unlock. Source: token.unlocksOther next-week cliff unlocks include Hashflow (HFT), Cardano (ADA), Ethena (ENA), Xai (XAI), and io.net (IO), with a total value exceeding $204 million. While many see token unlocks as bearish, a well-structured schedule can actually support a project’s long-term success. Tied to key milestones and development, unlocks can motivate the team, engage the community, and drive ecosystem growth.
Several leading Orbit chains including ApeChain and Xai are expected to Fast Withdrawals in the near future.
Arbitrum Orbit users can now withdraw their assets to the Ethereum mainnet in just 15 minutes.
On Oct. 24, Offchain Labs, the team behind Arbitrum, launched Fast Withdrawals for Orbit chains, offering 15-minute withdrawal finality for users. The service is also available to rollup-as-a-service (RaaS) providers leveraging Arbitrum’s infrastructure.
The feature eliminates the seven-day waiting period typically associated with optimistic rollups, such as the Arbitrum One network and Arbitrum Orbit chains. Arbitrum Orbit is a tech stack allowing developers to launch bespoke Layer 2 or Layer 3 networks that settle transactions on Arbitrum One or Ethereum.
“This is a game-changer for how people interact with blockchains, making transactions faster and more seamless, and bringing the experience closer to what people expect from traditional financial systems,” said Steven Goldfeder, CEO and co-founder of Offchain Labs.
Arbitrum Orbit is gaining popularity as a tech stack for networks hosting gamefi applications. Four of the top 10 Ethereum scaling solutions by daily throughput leverage Arbitrum Orbit, including Xai, PlayBlock, PoP Apex, and ApeChain, according to L2beat.
Fast WithdrawalsFast Withdrawal transactions are processed by a committee of validators. Should the validators unanimously agree on the transaction’s validity, the state changes associated with the transaction are immediately confirmed.
By contrast, optimistic rollups impose a seven-day delay on withdrawals to the Ethereum mainnet, allowing validators or users to identify and challenge fraudulent transactions.
Several Orbit chains have already committed to integrating support for Fast Withdrawals in the coming months, including ApeChain, Cheese, Nova, Sanko, and Xai. Prominent RaaS providers including Alchemy, Ankr, Caldera, and Gelato have also pledged to support the feature.
Offchain Labs emphasized the benefit Fast Withdrawals can unlock for throughput-intensive dApps, including web3 games and socialfi applications.
Stylus upgradeThe launch of Fast Withdrawals comes after Offchain Labs shipped Stylus, an upgrade to Arbitrum’s core Nitro stack, on Sept. 3.
Stylus allows developers to create applications using WebAssembly-compatible languages, including Rust, C, and C++. Previously, Arbitrum chains only supported Solidity, Ethereum's native programming language.
Stylus is supported by the Arbitrum One and Arbitrum Nova Layer 2 networks, in addition to the Orbit stack.
Arbitrum One is a general-purpose Layer 2 solution, while Arbitrum Nova is optimized for applications requiring a high volume of low-cost transactions, such as gaming and social protocols. Arbitrum One is the largest Layer 2 network with a total value locked (TVL) of $13.85 billion, according to L2beat.
George Town, Cayman Islands, November 14th, 2024, GamingWire
The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today announced a strategic partnership with Foretold Studios, an indie game studio pioneering new possibilities in gaming through the combined power of AI and web3 technology. Foretold Studios is coming to Xai from Immutable X, bringing two upcoming titles from the fantasy Tollan Universe into Xai’s rapidly expanding gaming ecosystem–further solidifying Xai's position as the fastest-growing gaming network.
“After more than three years of development, we are excited to bring our flagship titles – Tollan Survivors and Tollan Worlds to the Xai network.” said Michael Kuvsshynov, CEO at Foretold Studios. “Xai’s focus on indie games, an understanding of our target audience's needs, as well as recent successful case studies make it the best place for our games.”
Tollan is a land of constant conflict, where the coveted yet dangerous magic fungus, Mycelium, holds the immense power desired by everyone. The human race, blending magic and technology, seeks to conquer and control Mycelium in a race against the savage Legion of Orcs that is attempting to unleash Mycelium’s dark side.
Tollan Survivors is a Co-op reverse bullet hell (also known as bullet heaven) Action Roguelite. It serves as a prequel to Tollan Worlds. Players join humans to defeat countless hordes of Orcs and seize the control of Tollan Peak.
Tollan Worlds is a “Diablo meets Hades” Action Roguelite RPG. An army of cursed creatures emerged from the depths of Tollan Peak and the whole continent is on the brink of a global conflict once again.
Players can try Tollan Worlds pre-alpha demo at: https://play.tollan.io/.
“We are excited to welcome two incredibly innovative titles that are pushing the boundaries of technology by focusing on user generated content, AI, ownership, and interoperable IP.” said Soby, Core Contributor to Xai. “Our teams are well aligned on providing rich gaming experiences with unique features that are often discussed yet rarely implemented; When pairing this with our super scalable network specifically optimized for gaming, it becomes a new frontier that we are excited to explore together.”
About Foretold Studios
Foretold Studios Team consists of gaming industry veterans who worked in companies such as Bandai Namco, Jam City, and CAPCOM and built such games and franchises as Resident Evil, Titan Quest, Children of Morta, Emberbane, Pacman Mobile, Need for Speed, and Upland. [...]. As well as Web3 Gaming professionals that worked with companies like Gitcoin. ETH Global, Merit Circle, Human Guild Foretold Studio is on a mission to create a new generation of media franchises centered around indie video games. Their goal is to redefine how video game Intellectual Properties are monetized and create a streamlined creator economy with web3 technology and AI-enabled User Generated Experiences.
About Xai Foundation
The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
About Xai Games
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by owning a sentry key which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (âKSFâ) are investigating the propo
I hit the buy button on AbbVie (NYSE:ABBV | ABBV Price Prediction) again last week, and I will hit it again the next time June’s macro noise hands me a discount. While short-term traders chase headlines around sticky 4.2% inflation and a softening jobs picture, I keep adding shares of a cash machine that does not care which way the next data release breaks.
The thesis is straightforward. AbbVie has rebuilt itself around two next-generation immunology drugs that are growing fast enough to bury the old Humira narrative, and the market is finally paying for that work. Skyrizi posted $4.48 billion in Q1 2026 revenue, up 30.9% year over year. Rinvoq added $2.12 billion, up 23.3%. The full immunology franchise grew 16.4% to $7.29 billion, even with Humira down 38.6% against biosimilars. That is the replacement story playing out on the income statement in real time.
Then there is the dividend, which is the real reason I keep showing up. The quarterly payout sits at $1.73, after a 5.5% increase in January 2026. Stretch back ten years and the quarterly check has climbed from $0.57 in 2016 to $1.73 today, layered on top of AbbVie’s 52-year history of consecutive dividend increases dating back to its Abbott roots. The yield has compressed to roughly 2.95% because shares ran 31.95% over the past year and 147% over five years. I treat that compression as confirmation the thesis is working.
The economics behind the payout look just as durable. AbbVie carries a 70.2% gross margin and a 32.85% operating margin, and Q1 2026 revenue came in at $15.00 billion, up 12.4% year over year and beating consensus by 1.93%. Management used the strength to raise full-year adjusted EPS guidance to $14.08 to $14.28. CEO Robert A. Michael told investors, “AbbVie’s key growth drivers continue to deliver strong performance and support our enhanced full-year outlook.” Against that guide, the forward earnings multiple of 16 is hardly demanding for a business compounding revenue at double digits with a beta of 0.309.
The real risk is the patent cliff that never quite goes away. Humira keeps bleeding, Imbruvica fell 24.7% in the quarter, and some analysts are already flagging concerns about growth past 2028. Negative shareholders’ equity from years of buybacks and acquisitions sits on the balance sheet as a reminder that this is a leveraged compounder. I have weighed all of it. The reason I keep buying anyway is that Skyrizi and Rinvoq are tracking ahead of the original replacement timeline, neuroscience grew 26.0% with Qulipta up 53.6%, and the pipeline keeps producing wins like the FDA approval of Venclexta plus acalabrutinib for previously untreated CLL.
Add in a $100 billion U.S. R&D and capex commitment over the next decade, a $1.4 billion manufacturing campus going up in Durham, and a 62.15% return on equity, and the picture is a defensive compounder priced like an ordinary drug stock. June’s jobs wobble does not change any of that. It just gives me cheaper share prices on the way to a bigger quarterly check, and that is the only confession of conviction I owe.
Ethereum layer-3 gaming network Xai is set to release “Tiny Sentry Keys” to lower the barrier for entry into its Sentry Key ecosystem, promising future benefits within the gaming ecosystem for buyers.
Xai's Sentry Keys are NFT-based licenses for nodes that are operated by network supporters, which can be staked to receive rewards. Already, the Xai Foundation claims, approximately $340 million worth of rewards and airdrops have been distributed through this scheme thus far—including the much-hyped XAI token airdrop earlier this year.
At the time of writing, according to ArbiScan, there are currently 6,447 Sentry Key holders. with this figure expected to grow with the launch of Tiny Sentry Keys. Regular Sentry Keys sell for 1.43 ETH ($5,520), but the Tiny Keys will sell for just 0.0143 ($55), significantly lowering the barrier for players to engage with NFT nodes.
An exact sale date will be announced on December 9. Xai representatives confirmed to Decrypt that with the reduced price of the Tiny Keys, holders will earn proportionally less rewards compared to regular Key holders. One network contributor likened the offering to the kind of battle pass seen in games like Fortnite, with unlockable rewards for players.
Introducing tiny Sentry Keys 🤏🔑
The keys that unlock an airdrop battle pass to the $XAI ecosystem.$XAI has distributed ~$340M in tokens this year.
Now, 12+ top tier projects have dedicated allocations for tiny and OG Sentry Key Holders.
With tiny Sentry Keys, we’re… pic.twitter.com/sMQN7flcUy
— XAI 🎮⛓️ (@XAI_GAMES) December 3, 2024
"Think of it as the ultimate battle pass, giving you access to rewards, airdrops, and perks across Xai's growing ecosystem," said the pseudonymous Soby, a core contributor to Xai. “We're creating a platform that’s accessible to everyone while delivering immense value to our community.”
Xai is a layer-3 blockchain built on top of the Ethereum layer-2 Arbitrum network. This means that Xai keeps Arbitrum’s key functionality, while tweaking various network elements to better cater to gaming projects.
As such, Xai has attracted game creators to launch on its chain. Game developer Ex Populus has committed its suite of games to Xai, Crypto Unicorns migrated from Polygon to the network earlier this year, and indie gaming curator The MIX said it plans to launch over 100 games on Xai.
With the sale of Tiny Sentry Keys, holders of regular Sentry Keys will be airdropped an additional 99 keys to make it 100. The Xai Foundation confirmed that over “12 top-tier games and ecosystem projects” are working with it to provide rewards for key holders.
On top of this, it’ll be easier than ever to purchase the Keys with the addition of a credit and debit card payment ramp via Crossmint, as well as the option to pay with XAI tokens—with other major tokens to be added to this list soon.
Edited by Andrew Hayward
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") is pleased to announce that it has closed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) to Cengiz Holding A.S. and affiliates. At closing SSR Mining received approximately $1.49 billion in cash consideration for the sale of its ownership in Çöpler, after giving effect to various working capital adjustments.SSR Mining would like to thank i.
George Town, Cayman Islands, December 10th, 2024, Chainwire
Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55).
Xai’s initial Sentry Key sale in December, 2023 raised over ~$45 million in ETH (USD Value). Since then, Xai has invested heavily into expanding its gaming ecosystem and is now home to 12 games and 2000+ projects in development. Many of these games have begun to announce commitments to airdrop back to the Xai Sentry Key holder community, who have already received ~$295 million (USD value) in network rewards and airdrops this year.
Xai Sentry Keys Updates
3 million Sentry Key airdrop to existing Sentry Key holders shortly before the sale date, increasing supply by 100x and maintaining proportional key holdings and network rewards throughout the existing community. The price of minting new Sentry Keys reduces from 1.43 ETH to 0.0143 ETH. Accessible Payment Options: XAI, esXAI, USDC, SOL, SUPER tokens will all be accepted as well as credit and debit card payments. “Think of it as an airdrop battle pass, giving you access to exclusive rewards, airdrops, and gaming events across Xai’s growing ecosystem,” said John Shipman, CEO of Xai Foundation. “At a price point of 0.0143 ETH, with payment flexibility and scaling rewards, we’re creating a platform that’s accessible to everyone while delivering immense value to our community. Tiny Sentry Keys are your gateway to the world’s fastest-growing blockchain gaming ecosystem.”
About Xai Games
With over a dozen high-quality games, including Riftstorm and Planet X, Xai boasts a growing gaming catalog. Xai’s blockchain network processes a high volume of transactions, surpassing other gaming networks, powered by 10 million connected wallets and 1.4 billion transactions since launching mainnet this year.
About Xai Foundation
The primary objective of the XAI Foundation is to foster the growth of developers and games within the XAI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
For more information about Tiny Sentry Keys, users can visit https://xai.games
[PRESS RELEASE – George Town, Cayman Islands, December 10th, 2024]
Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55).
Xai’s initial Sentry Key sale in December, 2023 raised over ~$45 million in ETH (USD Value). Since then, Xai has invested heavily into expanding its gaming ecosystem and is now home to 12 games and 2000+ projects in development. Many of these games have begun to announce commitments to airdrop back to the Xai Sentry Key holder community, who have already received ~$295 million (USD value) in network rewards and airdrops this year.
Xai Sentry Keys Updates
3 million Sentry Key airdrop to existing Sentry Key holders shortly before the sale date, increasing supply by 100x and maintaining proportional key holdings and network rewards throughout the existing community. The price of minting new Sentry Keys reduces from 1.43 ETH to 0.0143 ETH. Accessible Payment Options: XAI, esXAI, USDC, SOL, SUPER tokens will all be accepted as well as credit and debit card payments. “Think of it as an airdrop battle pass, giving you access to exclusive rewards, airdrops, and gaming events across Xai’s growing ecosystem,” said John Shipman, CEO of Xai Foundation. “At a price point of 0.0143 ETH, with payment flexibility and scaling rewards, we’re creating a platform that’s accessible to everyone while delivering immense value to our community. Tiny Sentry Keys are your gateway to the world’s fastest-growing blockchain gaming ecosystem.”
About Xai Games
With over a dozen high-quality games, including Riftstorm and Planet X, Xai boasts a growing gaming catalog. Xai’s blockchain network processes a high volume of transactions, surpassing other gaming networks, powered by 10 million connected wallets and 1.4 billion transactions since launching mainnet this year.
About Xai Foundation
The primary objective of the XAI Foundation is to foster the growth of developers and games within the XAI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
For more information about Tiny Sentry Keys, users can visit https://xai.games
About the author
Chainwire is a specialized crypto newswire service providing high-impact distribution for the cryptocurrency and blockchain industry.
Xai (XAI), the 43rd project on Binance Launchpool, is the first Layer 3 network developed on the Arbitrum network. In this article, we will delve into Xai, a standout Layer 3 network. Let’s explore what Xai is, where to buy XAI coin, and much more in this comprehensive guide listed on the cryptocurrency exchange Binance.
What is Xai?Xai is the 43rd project added to Binance’s massive cryptocurrency Launchpool. Developed on Arbitrum, the first Layer 3 network on Ethereum $1,663’s Layer 2 scaling solution, Xai is not merely a blockchain but a hub for various blockchain-based games.
Xai offers customers higher transaction speeds and lower costs while maintaining enhanced security and reliability through Ethereum’s robust foundation. Designed to simplify the acquisition and trading of in-game objects without the need for complex cryptocurrency wallets, Xai aims to bridge the traditional gaming industry with the Web3 world.
In this open and decentralized network, anyone can operate a node and receive rewards in the form of XAI coins, participating in ecosystem governance.
The native asset of the Xai network is XAI coin. XAI serves several key purposes, including transaction fee payments and governance. It is the currency used for all network-based transactions, such as purchasing and selling in-game items. XAI holders have a say in the network’s development by voting on significant proposals and decisions. Network participants running nodes are rewarded with XAI coins.
XAI coin can be securely traded on the leading cryptocurrency exchange Binance. It was listed on Binance on January 9, 2024, and is available for trading in the pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
To purchase XAI coin, you must first register on the Binance exchange if you do not already have an account. After completing the registration process, fiat currency like USD or cryptocurrency must be transferred to your Binance wallet. Once the transfer is complete, you can purchase XAI coins from any of the six trading pairs mentioned above.
To buy via the XAI/USDT trading pair, navigate to its interface. Use the limit tab to input the desired purchase amount in the specified field. After entering the amount, complete the purchase by placing a “Buy XAI” order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.