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What Happened on Feb. 8th｜AI and Blockchains Don't Mix, Says Andre Cronje

TI Research

icon On February 8th, The Graph's token price soared due to revenue growth and being classified as an AI-related project. Chiliz's EVM compatible Layer1 blockchain goes live. AI and blockchains don't mix, says Andre Cronje.

DeFi

  • Cardano DeFi TVL doubled, fueled by the newly launched stablecoin $DJED.
  • Frax protocol founder says $FRAX stablecoin will be backed by Fed Master Account in the future.
  • Canto passed a proposal to supplement the mainnet faucet to onboard new users.
  • Liquid staking protocol Stride launches $stLUNA.
  • Proposal to deploy lending protocol Euler to BNB Chain is approved.
  • Ethereum Name Service will sell 10,000 $ETH for $USDC to diversify its treasury assets.

CeFi

  • Coinbase will list Voxies ($VOXEL).
  • Crypto advertising will be absent from the 2023 Super Bowl.

Infrastructure

  • Chiliz's EVM compatible Layer1 blockchain goes live.
  • AI and blockchains don't mix, says Andre Cronje.
  • The Graph's token price soared due to revenue growth and being classified as an AI-related project.
  • Moralis, a leading Web3 API provider, launched support for Aptos.

Metaverse & NFTs

  • The Sandbox will collaborate with Saudi Arabian on metaverse projects.
  • NFT project Pudgy Penguins launches Soulbound Token with Sotheby's.
  • Louis Vuitton says the collaboration with Yayoi Kusama does not include NFT.

Policy & Regulation

Fundings

  • Aptos Labs invests in social media App Chingari.

Recommended Reading

AI Chiliz Andre Cronje DeFi Infrastructure
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