XProtocol, an entertainment-focused blockchain built on the U.S. crypto exchange Coinbase's Ethereum layer-2 network, Base, has unveiled what it
Xforge, an Android smartphone from Web3 startup XProtocol, also functions as a fully operational blockchain node. Users can participate in the DePIN network directly from their phone, earning rewards, airdrops and cryptocurrency incentives. The device is powered by Coinbase's Base chain, an Ethereum layer-2 network. According to XProtocol, "XForge represents the next evolution in mobile devices, combining blockchain power with smartphone convenience."
Nomic DAO Foundation, which supports the Bitcoin-powered decentralized custody blockchain Nomic Network, has announced the launch of nBTC, a 1:1 bitcoin-backed token, on Berachain, an Ethereum-compatible layer-1 network. The move follows Nomic's recent Ethereum upgrade, which made nBTC natively available as an ERC-token on Ethereum and capable of deployments to EVM-compatible chains, according to the team.
"This integration allows users to directly deposit BTC for nBTC, bringing Bitcoin’s substantial liquidity into Berachain’s ecosystem, which operates on a unique proof-of-liquidity consensus model," the press release reads. "This will enhance the capabilities of Bitcoin within Berachain’s growing ecosystem, offering developers the ability to integrate nBTC into DeFi protocols and to build BTC-backed applications without relying on centralized intermediaries."
Theta Labs, the team behind the entertainment blockchain project Theta Network, has launched EdgeCloud for Mobile, allowing Android users to contribute spare GPU power to the Theta EdgeCloud network and earn TFUEL tokens. According to the team: "Available on Google Play, the app lets users provide resources during idle times, supporting AI research in media, healthcare and finance. Using a Decentralized Physical Infrastructure Network (DePIN), Theta EdgeCloud cuts GPU-intensive task costs by over 50% compared to traditional cloud providers, offering scalable, decentralized AI model training and inference services."
The blog post adds: "For the first time ever, the Theta team has implemented a video object detection AI model (VOD_AI) that runs on consumer grade Android mobile devices, delivering true computation at the edge and enabling unparalleled scalability and reach. VOD_AI is a computer vision technique that uses AI to analyze video frames to identify objects by scanning video frames, looking for potential objects and drawing bounding boxes around them. This process is similar to how the human visual cortex works."
A network focused on open-source tooling for the Move smart contract language, Movement Labs has announced the launch of its elite accelerator program, dubbed "Move Collective." According to a press release, "This innovative program is designed to nurture and support the most promising projects in the Movement ecosystem, offering comprehensive support to projects at various stages of development."
The following companies "leveraged the resources and support provided by the Move Collective to connect with investors and secure their pre-seed funding," the press release states:
