Io.net partners to launch world-first proof-of-AI
io.net collaborates with FLock.io to introduce PoAI, a consensus mechanism designed to ensure integrity and scalability in decentralized AI networks.
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SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

Bill to regulate crypto in Brazil for first time heads to Senate vote
The largest Latin American country could soon be the latest to regulate crypto, which lawmakers hope will increase its uses across the country. 24 Total views 1 Total shares The Brazilian Senate is set to vote on a bill which would make the country the biggest in Latin America to regulate cryptocurrency. The crypto bill was…

PayPal expands PYUSD to Solana, targets payment use cases
PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.

BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera.

Crypto Super PAC spends $1.3M on media buy for Arizona Democrat
The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States.

Ripple’s Xpring Invests in Crypto Wallet Provider BRD to Integrate XRP
Ripple’s investment arm Xpring has invested into cryptocurrency wallet BRD to enable users to hold, purchase, sell and spend XRP tokens through the wallet.Xpring announced the development in an Oct. 11 blog post, noting that BRD — a mobile cryptocurrency wallet, with a reported user base of 2.5 million — will build on the Xpring…

AggLayer will connect all Web3, including L1s like Ether and Solana: Polygon Labs CEO
Polygon’s AggLayer will unite the entire blockchain space to provide “infinite scalability,” according to Polygon Labs’ CEO.

Cardano hosts first smart contract legally enforceable in Argentina
Cardano is host to the first smart contract where Argentina’s courts have jurisdiction after the country legalized crypto as a payment method in commercial contracts last December.