Biconomy's 'delegate authorization network' for AI agents relies on EigenLayer

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June 11: BiconomyA Web3 infrastructure company, launched a new “Delegated Authorization Network,” or DAN, “enabling AI agents to securely delegate on-chain activities,” according to the team. A press release added: “Biconomy DAN works by granting AI projects access to user 'Delegated Auth' keys stored on EigenLayer AVS (Actively Authenticated Services), without compromising security. Ensures autonomy. To integrate DAN into an AI agent, projects need to use key storage on DAN, an EigenLayer AVS, and user-defined permissions using the DAN SDK. And has collaborated with Silence Labs for the launch.” A blog post is here.

Schematic of Byconomy's 'Delegated Authorization Network' (Byeconomy).

Ava Protocol Raises $10M for 'Private Autonomous Transaction' for EigenLayer AVS

June 11: EVA protocolformerly the OAK Network, has secured $10 million in seed funding ($5.5 million initial and $4.5M seed + round) to develop Eigenlayer AVS for private autonomous transactions on Ethereum, according to the team: “The capital Cars include Sandeep, founder of Electric Capital, Taisu Ventures and Polygon. Nilwal supports the core Web 3 infrastructure, enabling over 10,000 wallets with 30+ partners including Polkadot and Monembeam for over 1,000 orders. Simplify Web3 application deployment.”

Covalent Says Arthur Hayes Will Advise On Development Of 'Ethereum Wayback Machine'

June 11: harmonyThe provider of a decentralized network for indexing blockchain data announced that BitMEX founder Arthur Hayes has been named as a new strategic advisor. Hayes, who currently serves as Maelstrom's Chief Investment Officer, “will lead the development of the Ethereum Wayback Machine, ensuring that all Ethereum and EVM roll-up data is preformatted and authenticated. will create AI with a secure pipeline,” according to the team. “This partnership will further secure Ethereum's historical data protection, ensuring access and transparency to the ecosystem's full history.”

Overlay, a blockchain project for image authentication, launched a mobile app, an Adobe plugin on Aptos

June 11: OverlayA blockchain project for photo authentication co-founded by photographers Paul Nicklin and Christina Mittermeier has announced. Beta launch of its mobile app and Adobe plugins on Aptos. According to the team: “After validating an image in Overlai – a process that can be completed in just a few clicks – creators can upload the asset to any digital medium and retain full ownership. No matter how much the image is screenshotted, compressed, or altered, the overlay's invisible watermark, along with the creator's credentials, is securely stored on the Aptos blockchain. , persists – answering a critical need amid the rise of creative AI.” (apt)

Vana, a network for user-owned data, releases Saturi testnet.

June 11: Vana, a network for user-owned data, released its Satori testnet. “Consumers can now contribute to the network by exporting their data from the platforms, bypassing the walled gardens of big tech while leveraging data rights. Proof of contribution allows users to evaluate the performance of AI models. ensures data quality by rewarding data in proportion to its impact,” in a blog post.

Flock.io, Formal Forms Partnership to Advance 'Decentralized AI Composability'

June 11: FLlock.ioa project to decentralize machine learning for AI models, and ritual, which enables developers to access on-chain models through smart contracts, announced a strategic partnership to advance decentralized AI composability. According to the team: “Leveraging Richol's Infernet nodes, FLock.io aims to increase transparency in task routing, model usage and reward distribution within the decentralized AI ecosystem. This collaboration is a fair and open source. Indicates a commitment to promote the environment. Developers and contributors are compensated based on the use of the model.”

Core, EVM Compatible L1 Linked to Bitcoin, Launches Hackathon

June 11: compulsoryAn Ethereum-compatible layer-1 blockchain project that relies on Bitcoin for its security setup is launching the “BTCfi Summer Hackathon,” a 12-week event designed to spur innovation in the Bitcoin economy. event,” according to the team: “There are $5,000 – $15,000 grants, access to Defy workshops, social media highlights, a feature in the BTCfi ecosystem newsletter and prizes for three more positions launched on June 6. And the winners will be announced on August 19.”

Polygon creates new grants program, 1B POL open over 10 years

June 11: Layer-2 network Polygons Polygon Labs said Tuesday it is launching a community grants program to encourage builders to build into its ecosystem. The program aims to put 1 billion POL, Polygon's rebranded MATIC token, into the hands of developers as soon as possible over the next 10 years. The program went live on Tuesday with 35 million tokens, worth $23 million at current prices, eligible for distribution. The network is in the process of migrating its existing token, MATIC, to the new POL ticker, so this first tranche of tokens will be denominated in MATIC.

Initiates RPCs for SubQuery Network, Decentralized Indexers, Polkadot, Kisama

June 11: SubQuery NetworkA distributed network of decentralized indexers and RPC providers is launching the first decentralized RPCs for Polkadot and Kusama, according to the team: “Polkadot RPCs deployed for the Polkadot relay chain and Kusama, from 30 are operated by more independent node. operators.”

Optimism finally achieves its mission – critical 'fault-proof'.

June 11: So far, the Ethereum Layer-2 project Optimism A fundamental feature at the heart of its security design is missing: “error-proofing.” On Monday, that long-promised tech finally arrived on Optimism's mainnet. The Optimism team previously shared in March that it was testing its fault-proof system on its Sipolia testnet. Since then, they were audited by blockchain security firm Sherlock, and they found some bugs that they were able to iron out. “We literally basically deleted the entire system, rebuilt it, and rewrote the whole thing,” said Carl Floresch, CEO of OP Labs, in an interview with CoinDesk.

Cardano is on track for a Voltaire upgrade this month, says co-founder Hoskinson

June 11: The Cardano network Co-founder Charles Hoskinson said in an X post on Monday that later this month it is set to enter the final phase of a multi-year program to become a fully decentralized blockchain ecosystem. As a first step, the authentication node software run by the system's stack pool operators, or SPOs, needs to be upgraded to the latest version. After that, the blockchain will evolve into a backward asynchronous version, a process known as a hard fork, and in doing so, will enter a new era known as Voltaire. Once the switch is complete, the seven-year-old blockchain will no longer be actively managed by Cardano development firm IOHK, instead being run entirely by community members, according to the project's roadmap. (ADA)

Ludo introduced 'Restaking Vaults' in collaboration with Symbiotic, Mellow Finance

June 11: A new initiative by Ludo DAO will see Lido's partnership with Mellow Finance, a platform that allows users to generate output by depositing into restocking “wallets” and Symbiotic, a permissionless restocking protocol. Melo Curators Stackhouse, P2P Validator, Re7 Labs and MEV Capital are each introducing wallets that accept stETH in conjunction with Tuesday's announcement. (I do)

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A wormhole opens w stacking.

June 10: wormhole, The Blockchain Interoperability Protocol will allow its holders to: According to the team, “W has staked a stake with the Tally Governance Portal, providing an opportunity to participate in governance and influence the future direction of Wormhole DAO and the platform.” The update “marks a significant step toward Wormhole's decentralization through MultiGov, the industry's first multi-chain governance system for DAOs on Solana, Ethereum Maint, and EVM L2s,” Wormhole said in a statement. “Wormhole DAO will be the first to adopt MultiGo, enabling W holders to create, vote and execute governance. Proposals on any supported chain.”

Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS

June 10: Technology Co Squad Labswhich aims to help businesses transact and manage digital assets, raised $10 million in Series A funding led by Electric Capital. Squads Labs said in an email Monday that the funding round included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder. Squads also unveiled a smart wallet aimed at individuals for public testing on iOS.

Edited by Sam Kessler and Bradley Kevin.

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