Latest IoTeX News

IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility cover
4 days ago

IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility

IoTeX Integrates with Fireblocks for Enhanced Security and Accessibility IoTeX, the leading blockchain platform for decentralized physical infrastructure networks (DePIN), has partnered with Fireblocks, an enterprise platform specializing in digital asset operations on blockchain technology. This collaboration aims to make native IOTX and IoTeX-based assets more accessible to institutional investors and enterprises globally. By leveraging Fireblocks' cutting-edge infrastructure, which includes MPC technology and Intel SGX, institutional users can securely store, manage, and transfer IOTX tokens, ensuring seamless operations at scale. For centralized exchanges and wallet providers, integrating with Fireblocks offers the tools needed to support IoTeX's expanding ecosystem. This integration is expected to enhance liquidity, driving the adoption of IoTeX-based assets among a wider range of users and institutions. Raullen Chai, CEO of IoTeX, highlighted the significance of this partnership in bringing institutional-grade security and accessibility to IoTeX's ecosystem, fostering new liquidity channels and adoption for their tokens.
Decentralized Physical Infrastructure Networks (DePIN): Navigating Regulatory Challenges cover
5 days ago

Decentralized Physical Infrastructure Networks (DePIN): Navigating Regulatory Challenges

Decentralized Physical Infrastructure Networks (DePIN): Navigating Regulatory Challenges As we approach the latter half of 2025, the political landscape indicates a more favorable attitude towards cryptocurrencies, with assurances of regulatory clarity from major parties in the United States. Amidst this shift, the spotlight falls on decentralized physical infrastructure networks (DePIN) as a sector requiring special attention. DePIN projects, valued at $38.4 billion, uniquely blend blockchain incentives with real-world infrastructure, allowing users to monetize their electronic devices. While some in the crypto space resist regulation, DePIN's hybrid model necessitates a robust framework to ensure trust and unleash its transformative potential. The distinctive features of DePINs lie in their creation of a self-sustaining economy where participants are directly rewarded for their contributions to the network. This model is particularly well-suited for industries reliant on digital innovation and physical presence, such as geolocation services, decentralized storage, and Internet-of-Things connectivity. However, the hybrid nature of DePINs poses challenges by challenging existing regulatory paradigms and demanding new guidelines to govern their operations. DePIN projects have already demonstrated their economic viability, with examples like Geodnet generating significant annual recurring revenue. Yet, the sector's success underscores the critical need for clear oversight. Issues around data access, fair compensation for user contributions, governance transparency, and revenue distribution remain unresolved. Without regulatory clarity, the potential of DePIN networks may be hindered, leading to concerns about data privacy, fair compensation, and governance opacity. A tailored regulatory framework is crucial to address these challenges and incentivize transparency in the DePIN ecosystem.
Exciting Developments in DePIN AI Agent and $SENTAI Token Launch cover
8 days ago

Exciting Developments in DePIN AI Agent and $SENTAI Token Launch

In a recent post on the X platform, Shaw, co-founder of ai16z, expressed enthusiasm for the DePIN AI Agent concept, highlighting its intriguing potential despite being in the early stages of development. Shaw's remarks underscore the growing interest in decentralized AI solutions, particularly those that leverage blockchain technology. He also mentioned that projects utilizing Eliza on the IoTeX chain are encouraged to reach out for priority integration, indicating a strategic push to foster innovation in this space. Furthermore, ai16z is establishing grants to support the advancement of the DePIN AI Agent, signaling a commitment to nurturing promising projects. The launch of BINOAI, the world's first DePIN AI Agent powered by Eliza OS and the IoTeX network, marks a significant milestone in this domain. The introduction of the $SENTAI token has generated considerable excitement, with a remarkable 24-hour trading volume of $63 million, positioning it as the third most traded token on the Solana chain. This rapid adoption illustrates the market's eagerness for innovative blockchain applications and the potential for substantial financial activity surrounding new tokens. Notably, on-chain data revealed that an address associated with Shaw purchased 8.5 million $SENTAI for 996 SOL, further indicating his confidence in the project. As the blockchain landscape continues to evolve, ChainCatcher advises readers to approach these developments with a rational mindset. It is crucial to enhance risk awareness and exercise caution regarding virtual token issuances and speculative activities. The information provided on this platform serves as market insights and opinions rather than investment advice, emphasizing the importance of due diligence in the rapidly changing world of blockchain technology.
IoTeX Partners with Eliza Labs to Advance Physical AI cover
9 days ago

IoTeX Partners with Eliza Labs to Advance Physical AI

Provider of modular infrastructure for decentralized physical infrastructure network (DePIN) projects, IoTeX announced a partnership with Eliza Labs to empower autonomous AI agents with the ability to perceive and interact with the physical world through DePIN networks. This collaboration aims to bridge the gap between digital intelligence and real-world sensory input and interaction, accelerating the development of sentient AI. The partnership combines IoTeX’s DePIN infrastructure with ElizaOS, enabling AI agents to utilize real-time data and services from DePIN networks while controlling physical devices within decentralized environments. By integrating sensory input and actuation capabilities, the collaboration will transform AI agents into context-aware, adaptive entities capable of interacting with the physical world. IoTeX’s DePIN ecosystem, including Nubila and GeodNet, will provide crucial real-time atmospheric and geospatial data, while Pebble Tracker will collect verifiable real-world data like GPS, temperature, and motion. The collaboration also focuses on advancing Physical AI through key areas of collaboration, including the integration of the DePIN Plugin for Eliza OS. This plugin will allow Eliza agents to access and process real-world data from IoTeX’s DePIN networks, enhancing their perception, action, and learning capabilities. The creation of the first DePIN-aware AI Agent, BINOAI, powered by Eliza OS and IoTeX, will demonstrate real-world perception and interaction, marking a significant milestone in the evolution of Physical AI. Additionally, the partnership aims to enhance agent contextual awareness with DePIN data and services, enabling predictive capabilities and adaptive behaviors based on historical and real-time data. Furthermore, the collaboration will empower developers by providing early access to IoTeX’s modular DePIN tools through Eliza Labs’ Agent Dev School. This initiative includes workshops, tutorials, and technical resources to assist developers in integrating DePIN functionalities into AI agent workflows.
Nubila Network Celebrates a Landmark Year and Looks Ahead to 2025 cover
18 days ago

Nubila Network Celebrates a Landmark Year and Looks Ahead to 2025

As 2024 comes to a close, Nubila Network celebrates a year filled with significant achievements and innovations in the realms of decentralized physical infrastructure networks (DePIN) and MachineAI. The Nubila community has witnessed the deployment of over 18,000 Marco devices, which have created a unique decentralized network capable of monitoring hyperlocal weather and contributing to sustainability efforts. Additionally, the sale of 15,000 validator nodes has exceeded expectations, enhancing the transparency and efficiency of the Nubila network. The integration of Marco and node data into industries such as agriculture and renewable energy through the Nubila ESG Oracle showcases how DePIN can effectively address real-world challenges, marking a pivotal year for the project. MachineAI has also played a crucial role in transforming data into actionable insights, aiding industries in disaster preparedness and resource optimization. The collaboration with partners like IoTeX and VeChain has propelled the development of smarter ecosystems, making strides in smart cities and precision agriculture. Furthermore, Nubila's commitment to sustainability has led to the establishment of the largest ESG data network, empowering industries to make informed, environmentally conscious decisions. The support from prominent industry players has fueled Nubila's growth, allowing it to set new standards in ESG data integration and transparency. Looking ahead to 2025, Nubila plans to ramp up the deployment of Marco devices and enhance MachineAI's capabilities with predictive insights. The expansion of the DePIN ecosystem is also on the horizon, with new partnerships and applications aimed at redefining the use of real-world data. A mysterious development known as the “N” factor is generating excitement, promising to introduce innovative engagement and utility within the Nubila ecosystem. The Nubila community's unwavering support has been instrumental in these achievements, and together, they are poised to continue building a sustainable future powered by decentralized data networks and AI-driven insights.
IoTeX Joins Blockchain Association to Advocate for Decentralized Infrastructure cover
19 days ago

IoTeX Joins Blockchain Association to Advocate for Decentralized Infrastructure

IoTeX, a leader in decentralized physical infrastructure networks, has recently joined the Blockchain Association, a prominent advocacy group for the crypto industry in Washington, D.C. The Blockchain Association highlighted that decentralized physical infrastructure networks represent a revolutionary category of blockchain technology, bridging the gap between real-world devices and the digital landscape. This innovation encompasses everything from IoT-enabled smart devices to tokenized physical assets, showcasing significant transformative potential. However, the widespread adoption of these technologies hinges on achieving regulatory clarity, which is essential for their growth and integration into the market. Raullen Chai, co-founder and CEO of IoTeX, emphasized the importance of collaboration with policymakers in fostering a robust decentralized infrastructure ecosystem. By becoming a member of the Blockchain Association, IoTeX aims to leverage its expertise to navigate legal complexities and create clear pathways for launching and scaling decentralized physical infrastructure network projects. Chai believes that with the right regulatory framework, the full potential of decentralized infrastructure can be unlocked, ultimately benefiting a broader user base and empowering individuals through accessible technology. The Blockchain Association, which consists of nearly 100 companies and protocols, is dedicated to establishing sensible and innovation-friendly regulatory frameworks for blockchain technology. IoTeX plans to actively engage in various working groups within the association, focusing on policies that facilitate innovation in decentralized physical infrastructure networks in the U.S. This includes addressing regulatory challenges, ensuring equitable access for users, and supporting the tokenization of physical assets in compliance with U.S. law. Dan Spuller, senior director of industry affairs at the Blockchain Association, expressed enthusiasm for IoTeX's involvement, noting that their leadership in the DePIN space will provide valuable insights as the association advocates for policies that promote innovation and inclusivity in decentralized networks.
IoTeX Invited to Washington Blockchain Policy Summit, Trump Delivers Keynote at Gala Dinner cover
a month ago

IoTeX Invited to Washington Blockchain Policy Summit, Trump Delivers Keynote at Gala Dinner

The Blockchain Association (BA) based in Washington D.C. has kicked off its 'Blockchain Policy Summit' with an opening address from the incoming U.S. President, Donald Trump, who expressed his commitment to stand alongside the industry and lead the development of the crypto sector. The first day of the summit includes closed-door discussions between dozens of member organizations and government officials to delve into the current blockchain industry trends and the future direction of U.S. policies. IoTeX, a member organization, has been invited to participate in the summit. Recently, the BA officially welcomed IoTeX, highlighting their expertise in the DePIN field, which is gaining increasing interest from policymakers and regulators in Washington D.C. IoTeX's substantial knowledge is expected to enhance BA's communication with the new government. The Blockchain Association, representing the crypto industry in Washington D.C., consists of nearly 100 leading organizations and protocols. It aims to establish a reasonable and beneficial regulatory framework for blockchain technology. Over the past three years, the BA has actively engaged with numerous blockchain leaders at the policy level, participating in hundreds of discussions in the Senate and the House of Representatives. In 2023 alone, the BA was involved in 175 meetings with the Senate and House members. With the influence of the crypto-friendly political landscape under the newly elected President Trump, the Blockchain Policy Summit is highly anticipated, with notable attendees such as Senators Tim Scott, Bill Hagerty, Cynthia Lummis, and Representatives Patrick McHenry, French Hill, Ro Khanna, among others. Leading industry organizations with compliant and positive government relations, including a16z, Coinbase, Consensys, Grayscale, Messari, Ripple, Uniswap, Filecoin, and IoTeX, will participate as members at the summit. IoTeX, as a member representing DePIN, is at the forefront of discussions. DePIN, a hot topic at the summit, has piqued the interest of Washington's policymakers and regulators. As a groundbreaking technology that connects real-world devices and infrastructure with the digital world, DePIN holds unique advantages in unlocking traditional industry value and energy. IoTeX, as a leader in the DePIN ecosystem, will collaborate with other industry leaders in the DePIN working group, such as Multicoin, Hedera, Filecoin, Helium, CESS, and Geodnet, to drive discussions and policymaking on integrating real-world applications with blockchain innovation. Larry, IoTeX's ecosystem lead, emphasized the crucial 100 days ahead for U.S. crypto legislation, highlighting the growing acceptance of DePIN among legislators. Raullen Chai, IoTeX's CEO and Co-founder, stressed the importance of collaboration with policymakers in establishing a thriving DePIN and crypto ecosystem. By joining the Blockchain Association, IoTeX aims to provide clear pathways for DePIN projects to launch and expand under regulatory guidance, ensuring accessibility for all users. Through long-term collaborations with professional organizations like the Industrial Internet Consortium (IIC) and IEEE, IoTeX is well-positioned to facilitate dialogues between DePIN and Washington's policymakers, marking a significant step in connecting the physical and digital worlds through decentralized technology.
Decentralized Physical Infrastructure Networks (DePin) Revolutionizing the Tech Sector cover
a month ago

Decentralized Physical Infrastructure Networks (DePin) Revolutionizing the Tech Sector

Decentralized Physical Infrastructure Networks (DePin) are reshaping the tech industry by facilitating decentralized projects in real-world infrastructure. Recent developments in the DePin sector include VanEck's $2.5 million investment in DAWN for decentralized wireless service, IoTeX's collaboration with the Blockchain Association for DePin political advocacy, Exabits securing $15 million in seed funding, and more. Exabits, an AI GPU tokenization startup, received $15 million in seed funding. By tokenizing GPU compute resources, Exabits has reached a $150 million valuation and experienced a 300% quarterly revenue increase. GPUs play a vital role in the DePin AI ecosystem due to the high computing demands of AI research. While companies like Aethir focus on GPU-as-a-service partnerships, Exabits offers a unique perspective that shows promise in the sector.
Cryptocurrency Policy Summit in Washington D.C. cover
a month ago

Cryptocurrency Policy Summit in Washington D.C.

Today, on December 17th, the Cryptocurrency Policy Summit organized by the Washington Blockchain Association officially opened with a keynote address from the incoming U.S. President, Donald Trump. IoTeX, as a member, was invited to participate in this summit, joining industry leaders such as a16z, Coinbase, Consensys, Grayscale, Messari, Ripple, Uniswap, Filecoin, and dozens of U.S. congressional members to discuss and promote industry policy regulations. The Washington Blockchain Association stated that IoTeX's profound expertise in the DePIN field will enhance its communication with the government, giving it a significant voice. IoTeX's ecosystem lead, Larry, learned on-site that the next 100 days are crucial for cryptocurrency industry legislation in the U.S. Real, implementable applications like DePIN are gradually gaining recognition from lawmakers. DePIN has been prioritized alongside stablecoins, DeFi, and Staking as key legislative areas. During the summit, IoTeX will engage in in-depth discussions with members of the association's DePIN working group, including Multicoin, Hedera, Filecoin, Helium, CESS, and Geodnet, on policies and regulations related to the integration of the real world with blockchain innovation.
Network3 Achieves New Milestone with Record Payback Period and Secures $5.5 Million in Funding cover
a month ago

Network3 Achieves New Milestone with Record Payback Period and Secures $5.5 Million in Funding

Network3, a pioneering technology platform, has made significant strides in the realm of AI Layer2 solutions, enabling developers globally to efficiently infer, train, and validate models. Recent analysis by Depinscan, an extensive DePIN intelligence platform powered by IoTex, has revealed that Network3 miners have achieved a remarkable milestone with a payback period of just 71 days. This achievement positions Network3 at the forefront of the industry in terms of both payback period and daily revenue, underscoring its investment potential. A shorter payback period is crucial for investors as it indicates a quicker return on investment, making Network3 an attractive option for those looking to capitalize on emerging technologies. The success of Network3 can be attributed to its robust infrastructural network, which boasts over 555,000 nodes and has delivered 2 Petabytes of network service across more than 185 countries. This extensive reach has resulted in 97,000 active sessions daily and monthly revenues exceeding $100,000. By supporting the evolution of AI, Network3 empowers developers with tools for model optimization, federated learning, edge computing, and confidential computing. This dual focus on enhancing decentralized node efficiency while providing essential services for AI development positions Network3 as a leader in both technology and market viability. In addition to its technological advancements, Network3 has successfully secured $5.5 million in seed funding from prominent investors, including Borderless, EV3 Labs, and the IoTeX Eco Fund. With a growing community of over 252,000 followers on X, the platform is set to gain even more traction. As it continues to demonstrate its value in making AI more beneficial and efficient, Network3 is poised for rapid growth and increased investor interest in the future.
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