Shipyard winds down IPFS work after Protocol Labs ends funding
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Bio Protocol launches OpenLabs, a crowdfunding platform focused on research crowdfunding for collaboration between humans and AI agents.
According to Foresight News , the decentralized scientific research (DeSci) platform Bio Protocol has launched OpenLabs, positioned as a coordination layer connecting scientific ideas with funding execution, allowing humans and AI agents to jointly advance research projects. The core process involves posting ideas, which are then discussed and voted on by the community to become formal projects. Projects include collaborative spaces, bounty tasks, and funding channels; mature projects can be listed on the Bio Protocol launchpad for fundraising. The platform comprises five modules: post discovery, project collaboration, agent participation, USDC yield staking (2%-4% annualized return, principal unaffected, yield only used to cover computing power costs), and a bounty system. It is currently online, with the first batch of projects showcased on the platform. Voting, private data rooms, and the launchpad will be added gradually.
Category Labs launches Cadence, a new consensus protocol designed to alleviate the MEV problem at the protocol level.
Foresight News reports that Category Labs (formerly Monad Labs) has announced the launch of Cadence, a new consensus protocol that employs a Multiple Concurrent Proposer (MCP) mechanism. This mechanism supports multiple block proposers participating concurrently in consensus, achieving extremely short block intervals without sacrificing latency. Test data shows that, based on a simulated network of 200 global nodes, the average final confirmation time is 219 milliseconds, and the average speculative confirmation time is 167 milliseconds. The team stated that, combined with the cryptographic memory pool design BTX, Cadence represents a significant step towards solving the MEV problem at the protocol layer.
EthLabs released its "Week2" update report, highlighting progress on Ethereum interoperability, PropAMMs, and funding.
According to Mars Finance, on July 6th, Barnabé Monnot (barnabé.eth), founder of EthLabs, released a "Week 2" update, summarizing the team's latest progress and ecosystem discussions during the launch and fundraising phases. Regarding interoperability, the team stated they are increasing their confidence in "asynchronous interoperability based on zero-knowledge proofs (zk)," believing this will help build more secure cross-chain bridges and improve the native distribution capabilities of assets across Ethereum's multi-layered network. Currently, some cross-chain paths still suffer from latency issues, especially in the L2→L1 direction; in this context, the intents mechanism can serve as a transitional solution, while sufficient L1 liquidity also helps match cross-chain solvers. Meanwhile, the L1→L2 path is expected to significantly reduce confirmation latency through the Fast Confirmation Rule (FCR), and some clients have already begun integrating this mechanism. In terms of ecosystem discussions, PropAMMs (proposal-based AMMs) have recently become a focus of attention for many teams and researchers, primarily due to their potential optimization space between L1 execution efficiency and transaction building. Meanwhile, ENS is emphasized as a "critical infrastructure for Ethereum," and the team continues to communicate with relevant stakeholders to advance its development direction. Regarding team building, Ethlabs has received over 300 applications and has processed approximately 20%. The short-term goal is to expand to approximately 10 people, and the medium-term goal is to expand to approximately 20 people, focusing on recruiting talent with engineering capabilities and domain expertise. Regarding funding, Ethlabs stated that its current funding round is nearing completion and has secured early support from BitMNR, Sharplink, and Ethereum Joseph. The plan is to bring in 1-2 more core investors before moving to the next stage.
Twelve Labs is in talks to raise $100 million in Series B funding to develop AI technology that can quickly search and analyze video content.
BlockBeats reported on July 2nd that Twelve Labs is raising $100 million in funding from investors including Amazon, NEA, and Naver Ventures to advance its AI technology for rapidly searching and analyzing massive amounts of video data. The NVIDIA-backed startup stated that this Series B funding round was co-led by NEA and Naver Ventures, with participation from Radical Ventures, Index Ventures, and Korea Investment Partners. Meanwhile, Amazon Web Services (AWS) has signed a multi-year cooperation agreement with the company to use its self-developed Trainium chips to power its AI model workloads, and plans to launch new models on the AWS platform for developers to build AI applications. Founded by Korean-American engineers and headquartered in San Francisco, Twelve Labs focuses on developing AI models that can "understand and retrieve video content," making massive video archives searchable and analyzable, thereby improving content utilization efficiency and monetization capabilities. Click the original link below to join the Beating · Lark AI news channel and monitor global AI hotspots and news 24/7.
Binance has completed the integration of the Solv Protocol (SOLV) into its ERC20 network and opened deposit and withdrawal services.
PANews reported on July 8 that Binance has completed the integration of Solv Protocol (SOLV) with the Ethereum (ERC20) network and has opened deposit and withdrawal services.
Polymarket launches Bitcoin Lightning Network instant deposits and integrates the Spark protocol.
BlockBeats reported on July 8th that prediction market platform Polymarket announced support for instant, self-custodied deposits via the Bitcoin Lightning Network, powered by the Spark protocol. Compared to the previous on-chain deposit method, which required 3 to 6 block confirmations and took approximately 10 to 60 minutes, the new solution achieves near-instantaneous deposits, lowering the deposit threshold and transaction costs. According to reports, Spark performs checks for double-spending risk, fees, and Replace-by-Fee (RBF) during transaction broadcasting, achieving "zero-confirmation" deposits. It also supports on-chain, Lightning Network, and stablecoin payment channels, eliminating the need for the platform to operate its own Lightning Network nodes. Polymarket stated that this move will further improve the efficiency of Bitcoin users' fund utilization and enhance its competitiveness against rival Kalshi.