Alexander, CEO of Dromos Labs, the development team behind Aerodrome and Velodrome, said in a post on X: I never imagined that on the day before Dromos Labs' biggest day, our biggest competitor would deliver such a major mistake... This is a huge strategic mistake made at the most inopportune time. Berachain DeFi subjective Cap'n Jack Bearow commented on this, saying that Aerodrome may announce cross-chain expansion on Wednesday, while Uniswap will reduce LP's profitability by turning on the fee...
On February 15th, Sun Huajun, CTO of Shenzhen BYD Lithium Battery Co., Ltd., revealed at the 2nd China All-Solid-State Battery Innovation and Development Summit Forum that BYD will start batch demonstration and loading of all-solid-state batteries around 2027, and achieve large-scale on-board after 2030.
US AI start-up funding reached $97 billion in 2024, accounting for nearly half of the total start-up funding for the year, a record high. Several companies, including xAI and OpenAI, completed billions of dollars in financing, driving this growth. Global AI investment accounted for 35.7% of the total venture capital. Meanwhile, start-up financing in Europe and Asia fell to $61.60 billion and $75.90 billion respectively, indicating that resources are more concentrated in the AI field.
On December 27, the China Animal Husbandry Association, together with 9 associations in major producing areas, recently submitted an application for safeguard measures to the investigation authority, arguing that the sharp increase in China's beef imports in recent years has had a significant adverse impact on the domestic industry. The Chinese investigation authority reviewed the domestic industry application in accordance with the law and decided to initiate an investigation after finding that...
On December 6th, it was learned from sources that during the 2024 photovoltaic industry annual conference, several photovoltaic companies signed a self-discipline convention under the organization of the China Photovoltaic Industry Association. The companies participating in the signing include Longji, GCL, Jinko, JA, Tianhe, Chint, Yiyi Xinneng, Aixu, Oriental Risen, Jietai, Tongwei, etc. Sources revealed that the main purpose of the self-discipline convention is to control production, but ther...
Web3 health tech startup Pulse has completed a $1.80 million Pre-Seed funding round led by Collab + Currency and Lemniscap. According to the team: "Pulse's digital technology aggregates wearables, electronic health records, and diagnostic data into a comprehensive, unified health profile. Pulse uses privacy-first technology to enable users to securely share this data with partners such as researchers or healthcare providers as they wish, resulting in actionable health insights and improved healt...
GnosisDAO has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from outside LPs. The fund, called the GnosisVC Ecosystem, will prioritize investments in projects working on real-world asset (RWA) tokenization, decentralized infrastructure, and financial payment channels.
According to the data disclosed by Hong Kong media, the Hong Kong Cyberport community startups still had a strong financing performance in the past year. In the year ended September 2024, Cyberport startups successfully raised more than HK $3.70 billion, an increase of 23% year-on-year. Cyberport companies that have recently completed high financing include KLOOK, Leapstack, Buy & ship, MediConCen, DeBox, etc., with a cumulative total financing exceeding HK $41.20 billion. During the year, HashK...
Humanode, a biometric blockchain project, is launching an ecosystem fundraising initiative worth $10 million to "support and nurture its on-chain projects". It is not clear who is involved in the fundraising, but the team noted that it was backed by "funds and angel investors". The project will be on Humanode EVM, using cryptographic biometrics to defend against Sybil ". Humanode plans to partner with projects selected for the program to provide not only funding, but also technology...