Latest news with #Bittensor
Business Wire
9 hours ago
- Business
- Business Wire
Oblong Bolsters Decentralized AI Strategy with Bittensor ($TAO) Purchase and Staking
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG, 'Oblong' or the 'Company'), today announced it has strengthened its decentralized AI treasury strategy by acquiring 5,025 $TAO tokens for $1.65 million, using proceeds from its recent $7.5 million financing. This follows the Company's June 6, 2025, announcement to pivot toward decentralized AI, with the purchase of $TAO at an average price of $328.38 per token reinforcing its commitment to innovative, high-growth assets for investors. The $TAO investment underscores Oblong's focus on Bittensor's decentralized AI protocol, which fosters global collaboration in machine learning. By staking all 5,025 tokens in the Bittensor network, the Company is actively supporting the ecosystem while enhancing its treasury's performance. 'Oblong's initial $TAO purchase fulfills its commitment to a forward-thinking reserve while exploring Bittensor ecosystem partnerships, as $TAO's innovative AI approach offers compelling exposure to a rapidly growing sector,' said Peter Holst, CEO of Oblong. This is the first of several planned investments in the Bittensor ecosystem, with Oblong evaluating additional $TAO purchases on a weekly basis. The Company is also exploring partnerships within the Bittensor ecosystem to potentially develop technology offerings, further aligning its operational and treasury strategies. Transparent updates on treasury performance, including staking yields and token holdings, will be provided in Oblong's Q2 2025 earnings results and at upcoming investor conferences. About Oblong, Inc. Oblong (Nasdaq: OBLG) is building a robust cryptocurrency treasury focused on decentralized artificial intelligence (AI) and the acquisition of $TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. The Company also provides innovative video collaboration and network solutions, centered around our patented Mezzanine™ product line and managed services. Forward-looking and cautionary statements This press release and any oral statements made regarding the subject of this release contain forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, that address activities that Oblong assumes, plans, expects, believes, intends, projects, estimates, or anticipates (and other similar expressions) will, should, or may occur in the future are forward-looking statements and include, but are not limited to, the intended use of proceeds from the Company's recent financing, and statements regarding market opportunity and the Company's new Bittensor-centric AI and digital asset strategy. Oblong's actual results may differ materially from its expectations, estimates, and projections, and consequently, you should not rely on these forward-looking statements as predictions of future events. Without limiting the generality of the foregoing, forward-looking statements contained in this press release include statements relating to the Company's plans to explore partnerships within the Bittensor ecosystem to potentially develop technology offerings. The forward-looking statements are based on management's current belief, based on currently available information, as to the outcome and timing of future events and involve factors, risks, and uncertainties, including market and other conditions and the volatility of market price for our securities, that may cause actual results in future periods to differ materially from such statements. A list and description of these and other risk factors can be found in the Company's Annual Report on Form 10-K for the year ending December 31, 2024, the Company's Form 8-K filed on June 6, 2025 and in other filings made by the Company with the SEC from time to time. Any of these factors could cause Oblong's actual results and plans to differ materially from those in the forward-looking statements. Therefore, the Company cannot give any assurance that its future results will be as estimated. The Company does not intend to, and disclaims any obligation to, correct, update, or revise any information contained herein.
Forbes
a day ago
- Business
- Forbes
Top 10 Artificial Intelligence (AI) Cryptocurrencies
The term AI cryptocurrency is a bit misleading. AI cryptocurrencies are just tokens users spend to consume services on AI-focused blockchain platforms. For example, you might spend a certain number of tokens to use a crypto project's pooled resource of computing power. The following are the top 10 AI crypto projects based on their market capitalisation (according to CoinMarketCap on 25 June, 2025), and what each of them does. 1. Bittensor (TAO) Market cap: $US2.9 billion Bittensor is a peer-to-peer marketplace for machine intelligence, enabling AI models to pool their intelligence to create a 'digital hive mind.' Users spend TAO to consume Bittensor services. As of June 25, 2025, TAO trades at $US335.65, down from its September 2024 peak of $US714.30. 2. NEAR Protocol (NEAR) Market cap: $US2.6 billion NEAR Protocol claims it is creating a user-owned internet that guarantees privacy and ownership of data for its users. NEAR's transaction fees are paid in NEAR tokens. As of June 25, 2025, NEAR traded at $US2.14, down from its peak of $US18.07 in December 2022. 3. Internet Computer (ICP) Market cap: $US2.6 billion Internet Computer's big idea is a decentralised internet. Instead of websites and apps being hosted on servers owned by giants like Google and Amazon, websites built on ICP would have no fixed home, and would move between independently owned servers. Users spend ICP tokens to keep their sites online. As of June 25, 2025, ICP trades at $US4.89, down from its November 2021 peak of $US428. 4. Render (RNDR) Market cap: $US1.6 billion Render Network provides artists with computer rendering resources for creating 3D graphics and animations. Users spend RNDR tokens to consume services on Render. RNDR traded at $US3.21 as of July 25, 2025, down from its peak of $US11.87 in March 2024. 5. Artificial Intelligence Alliance (FET) Market cap: $US1.5 billion Artificial Intelligence Alliance is a cooperative project between SingularityNET and Ocean Protocol. The project aims to create a decentralised AI ecosystem and a universal AI token (ASI). As of June 25, 2025, FET was valued at $US0.66, down from its March 2024 peak of $US3.47. 6. Filecoin (FIL) Market cap: $US1.5 billion Filecoin is a peer-to-peer, decentralised file storage system. Users spend FIL tokens to store, retrieve and host digital information on the network. As of June 25, 2025, FIL was valued at $US2.27, down from its April 2021 peak of $US191.15. 7. Injective (INJ) Market cap: $US1.1 billion Injective is a blockchain project focused on decentralised apps (dApps) in the decentralised finance (DeFi) space. INJ is its native token, and users spend it to consume Injective services and vote on its governance (more tokens means more votes). As of June 25, 2025, INJ was valued at $US11.39, down from its March 2024 peak of $US52.04. 8. Virtuals Protocol (VIRTUAL) Market cap: $US1 billion Virtuals Protocol is all about AI agents (read: bots) operating within decentralised networks—effectively allowing bots to hold assets and execute transactions. The network is powered by the VIRTUAL token. As of June 25, 2025, VIRTUAL was valued at $US1.54, down from its January 2025 peak of $US5.07. 9. Story (IP) Market cap: $US872 million Story is a blockchain project concerned with tokenising creative works such as art and music so that they can be licensed and monetised. As of June 25, 2025, IP trades at $US3, down from its February 2025 peak of $US7.11. 10. The Graph (GRT) Market cap: $US823 million The Graph is a protocol for indexing and querying data from blockchains in a similar way that Google indexes and queries data from Graph's native, Ethereum-based token GRT trades at $US0.08 as of June 25, 2025, down from its February 2021 peak of $US2.34.
Zawya
6 days ago
- Business
- Zawya
Chasing big crypto profits? These 7 altcoins are the best cryptos to join for 2025
The cryptocurrency world has been in the midst of a transformative phase, with key players asserting their dominance and paving the way for the next generation of digital currencies. Recent developments have captured the attention of both seasoned traders and newcomers to the space, as the market starts to regain momentum after facing significant volatility. Amidst the rising excitement, one question continues to surface: which is the best crypto to join for 2025? With the floodgates of opportunity wide open, the window to capitalize on emerging projects has never been more tantalizing. As leading cryptocurrencies shift their approach to address scalability, security, and innovation, it becomes evident that the digital asset space is set for a significant transformation in the coming years. Among these projects, one stands poised to make waves: Qubetics ($TICS). Contents1. Qubetics ($TICS): The Token on Everyone's RadarWhy did this coin make it to this list? 2. Binance Coin (BNB): The Leading Exchange Token3. Sonic (SNC): The Digital Revolution for Speed4. Bitcoin Cash (BCH): The Scalability Solution for Bitcoin5. Bittensor (TAO): The Decentralized Machine Learning Network6. Stacks (STX): Bridging Bitcoin with Smart Contracts7. Quant (QNT): The Interoperability SolutionConclusionFor More Information:Summary While established names like Bitcoin and Binance Coin have long dominated the crypto landscape, innovative newcomers such as Qubetics are quickly garnering attention. With a groundbreaking approach to tokenomics and a focus on scalability, this cryptocurrency is quickly earning a reputation as a top contender for the best crypto to join in 2025. So, what makes Qubetics such an exciting prospect in the current market? Let's take a closer look at some of the standout cryptocurrencies for 2025 and see how they are preparing to reshape the digital currency ecosystem. 1. Qubetics ($TICS): The Token on Everyone's Radar Qubetics is designed with user accessibility at its core, offering seamless compatibility across iOS, Android, and desktop platforms. The platform also supports popular payment methods such as Apple Pay and Google Pay, making it easy for users to engage with the ecosystem regardless of their device or preferred payment system. This multi-platform support reflects Qubetics' commitment to creating a frictionless, inclusive experience for both novice users and seasoned crypto buyers. The buzz surrounding Qubetics has been palpable, and for good reason. This new token has quickly captured the attention of crypto enthusiasts, and as its top crypto presale enters its final stage, the opportunity to get in on the ground floor is quickly slipping away. As of now, over 516 million $TICS tokens have been sold to more than 28,200 holders, raising more than $18.1 million during its top crypto presale. Qubetics' market entry is about to become more limited with only 9 million $TICS tokens left at the current price of $0.3370. What sets Qubetics apart from other cryptocurrencies? The company has committed to creating a more decentralized, community-driven ecosystem by slashing its total supply from 4 billion to just 1.36 billion tokens. This radical reduction in supply, combined with a strategic focus on increasing the public sale allocation to 38.55%, has generated significant anticipation for Qubetics' future. With a $10,000 investment in Qubetics at the current presale price of $0.3370 per $TICS token, you would receive approximately 29,672 tokens. Upon launch, when the token is expected to list at $0.40, your holdings would be worth $11,868, giving you an immediate 20% return on investment. However, this is just the beginning. If Qubetics hits its projected price target of $5 to $10 in the next market cycle, those same tokens could be worth between $148,360 and $296,720. With supply shrinking due to a tokenomics overhaul and demand rising quickly, this could be a powerful entry point for long-term buyers looking to multiply their capital. Why did this coin make it to this list? Analysts are already predicting that the price will surge post-listing due to the limited supply, strong demand, and robust community governance. With Qubetics' approach to decentralization and strong tokenomics, the project is poised to capture substantial attention in 2025 and beyond. Many experts forecast that the token could see substantial price gains, potentially reaching as high as $10-$15 after its mainnet launch. 2. Binance Coin (BNB): The Leading Exchange Token Binance Coin (BNB) continues to be a prominent player in the crypto market, solidifying its position as the backbone of Binance's ecosystem. As the world's largest cryptocurrency exchange by trading volume, Binance has been continuously innovating and expanding, making BNB an integral asset for anyone involved in the platform. BNB's popularity is linked to its utility, users can leverage the token for discounted trading fees and access exclusive features. Binance's ongoing expansions, such as the introduction of Binance Smart Chain (BSC), have only added to the growth of BNB, creating a well-rounded ecosystem that supports decentralized applications (dApps), decentralized finance (DeFi), and much more. As blockchain technology evolves, Binance Coin continues to thrive by offering greater liquidity and flexibility. Why did this coin make it to this list? Binance Coin's ability to maintain consistent growth, paired with Binance's expanding offerings, positions BNB as one of the top contenders for the best crypto to join for 2025. 3. Sonic (SNC): The Digital Revolution for Speed Sonic (SNC) is making waves with its focus on high-speed transactions and scalability. In an environment where network congestion and high fees are prevalent, Sonic has emerged as a solution to these issues by introducing a high-throughput blockchain designed to handle large volumes of transactions with minimal fees. By leveraging advanced consensus algorithms and innovative protocol improvements, Sonic promises to address the challenges that have hindered scalability in traditional cryptocurrencies. The platform is also positioning itself as an integral player in the DeFi space, offering decentralized lending, staking, and yield farming products. Its focus on low-latency, high-performance transactions makes Sonic a favorite among developers looking for a blockchain solution capable of delivering at scale. Why did this coin make it to this list? With the demand for fast and efficient blockchains increasing, Sonic's technology positions it to capitalize on the growing DeFi sector. The project's focus on transaction speed and scalability places it as one of the top contenders for the best crypto to join for 2025. 4. Bitcoin Cash (BCH): The Scalability Solution for Bitcoin Bitcoin Cash (BCH) has long been regarded as an alternative to Bitcoin, offering lower transaction fees and faster block generation times. Bitcoin Cash arose from a hard fork in 2017 as a solution to Bitcoin's scalability issues, making it a preferred option for those who prioritize fast, low-cost transactions. BCH continues to be used widely for peer-to-peer transactions, especially for businesses and individuals in regions with limited access to traditional financial infrastructure. Recent developments have focused on improving Bitcoin Cash's smart contract capabilities, making it more versatile in the rapidly growing DeFi sector. Bitcoin Cash's ongoing development is a testament to its commitment to ensuring scalability and efficiency, which is vital as the demand for fast, low-cost transactions increases globally. Why did this coin make it to this list? Bitcoin Cash's focus on solving scalability and transaction speed issues ensures its continued relevance in the crypto landscape. As more businesses adopt BCH, it solidifies its position as one of the top contenders for the best crypto to join for 2025. 5. Bittensor (TAO): The Decentralized Machine Learning Network Bittensor (TAO) is one of the more unique projects in the crypto space. It merges blockchain technology with machine learning, creating a decentralized platform where individuals and organizations can share their machine learning models and data. This innovation opens up new avenues for AI research, allowing contributors to collaborate and receive rewards in Bittensor's native token, TAO. Bittensor is already gaining traction in the field of artificial intelligence, and its potential to disrupt the AI landscape is immense. By utilizing the blockchain, Bittensor is able to create an incentive structure that encourages the sharing of valuable machine learning models and datasets, all while maintaining the privacy and security of users. Why did this coin make it to this list? Bittensor's unique blend of blockchain and AI gives it a competitive edge in the emerging AI ecosystem. Its decentralized approach to machine learning sets it apart as one of the most innovative projects for the best crypto to join in 2025. 6. Stacks (STX): Bridging Bitcoin with Smart Contracts Stacks (STX) is a protocol designed to bring smart contracts and decentralized applications to Bitcoin. By leveraging Bitcoin's security while enabling advanced functionalities such as smart contracts, Stacks is opening the door for Bitcoin's further integration into the world of DeFi and Web3 applications. The project uses a unique consensus mechanism called Proof of Transfer (PoX), which allows developers to build dApps on top of Bitcoin without sacrificing security or decentralization. Stacks is also developing solutions to bring Bitcoin-based tokens and NFTs to its ecosystem, which will further expand its use cases. Why did this coin make it to this list? Stacks offers a compelling solution for those seeking the security of Bitcoin while tapping into the vast potential of DeFi and Web3. With its innovative approach, Stacks is shaping up to be one of the best cryptos to join for 2025. 7. Quant (QNT): The Interoperability Solution Quant (QNT) is designed to address one of the biggest challenges in blockchain technology: interoperability. By enabling seamless communication between different blockchains, Quant aims to create a more connected and efficient blockchain ecosystem. Its Overledger technology allows enterprises to build applications that can operate across multiple blockchains, streamlining operations and reducing friction. With the demand for cross-chain interoperability growing, Quant's solution positions it as a vital tool for the future of decentralized applications, enterprise adoption, and cross-chain finance. Why did this coin make it to this list? Quant's focus on interoperability addresses a fundamental need in the blockchain ecosystem, making it a top contender for the best crypto to join for 2025. Conclusion The cryptocurrency market is poised for continued growth and innovation in the coming years. Each of the projects discussed, Qubetics, Binance Coin, Sonic, Bitcoin Cash, Bittensor, Stacks, and Quant, represents a critical piece of the evolving puzzle that is the blockchain ecosystem. Among these, Qubetics stands out due to its bold approach to decentralization, limited token supply, and a robust community-first ethos. As the final public sale phase of $TICS draws closer, there is an undeniable sense of anticipation surrounding its potential. With a projected price surge post-launch, the opportunity to buy in at $0.3370 is a window that will not remain open for long. Those looking to position themselves for the next phase of blockchain innovation should consider Qubetics as a strong contender for the best crypto to join for 2025. For More Information: Qubetics: Presale: Telegram: Twitter: Frequently Asked Questions (FAQs) What is the best crypto to join for 2025? The best crypto to join for 2025 includes projects such as Qubetics, Binance Coin, Sonic, and Stacks. These cryptocurrencies offer unique solutions to scalability, transaction fees, and decentralized governance. What makes Qubetics stand out in the crypto market? Qubetics stands out due to its strategic tokenomics, limited supply, and community-driven ecosystem. Its top crypto presale is already showing strong momentum, positioning $TICS as a potential top performer for 2025. How does Binance Coin continue to maintain its position? Binance Coin benefits from the growing Binance ecosystem, which includes decentralized exchanges, DeFi applications, and a robust platform for digital asset trading. What is the future potential of Sonic in the blockchain space? Sonic is focused on high-speed transactions and scalability, making it a strong contender for those seeking efficient and low-cost blockchain solutions, especially in the DeFi sector. ALT TEXT Best Crypto to Join for 2025 Cryptocurrency Trends Qubetics top crypto resale Binance Coin BNB Sonic Blockchain Bitcoin Cash BCH Stacks STX Quant QNT Blockchain Interoperability Decentralized Finance (DeFi) Summary For those seeking high-potential opportunities in the crypto market, Qubetics ($TICS) stands out as one of the best cryptos to join for 2025. Currently priced at $0.3370 in its final presale stage, Qubetics has already sold over 516 million tokens and raised more than $18.1 million. With a reduced total supply of 1.36 billion tokens and a focus on decentralization and community governance, the project offers strong utility and long-term value. Experts anticipate a possible price surge to $10–$15 after launch, making it a compelling investment with considerable ROI potential. Other top contenders include Binance Coin (BNB) for its platform utility, Sonic (SNC) for high-speed DeFi transactions, Bitcoin Cash (BCH) for scalable payments, Bittensor (TAO) for AI and blockchain integration, Stacks (STX) for enabling smart contracts on Bitcoin, and Quant (QNT) for solving cross-chain interoperability. Each offers unique strengths, making them key projects to watch in 2025. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Forbes
18-06-2025
- Business
- Forbes
Decentralized AI Is Watching —And Understanding — everything
Bittensor subnet Score turns low-res sports footage into real-time intelligence, powering bets, ... More scouting and AI predictions across industries. Max Sebti wasn't trying to disrupt anything. He was trying to solve a problem. A sports hedge fund needed better data to place bets on global football. Traditional sources couldn't deliver the precision or speed required. So Sebti and his co-founders built their own solution — an AI system that could track movement on the field, model player behavior, and predict outcomes from video. What started as a client deliverable has grown into Score, Bittensor subnet 44, and one of the most ambitious computer vision projects in decentralized AI. 'We collect, we model, and we predict,' Sebti said in an interview. 'And we do it frame by frame.' Score turns video into structured intelligence. It works with low-quality footage, simulates alternate scenarios, and scores each player's impact on every phase of play. One betting syndicate is already convinced — allocating $300 million in assets under management based on Score's outputs this coming season. This isn't a startup hunting for use cases. It's producing revenue. Fast. In an interview, Score's co-founder and a seasoned tech executive Nigel Grant, said that's the point. 'What will matter to your survival in the decentralized AI, Bittensor community is the answer to the question, are you delivering revenue?' he said. 'Those that don't will be history.' The computer vision engine at the heart of Score started with sports, but the applications are much broader. Retail theft detection. Insurance disputes. Predictive diagnostics in healthcare. Anything with a camera becomes a potential use case. But sports remains the proving ground. Sebti says their biggest advantage is the ability to extract meaningful data from bad video. 'We brought the ability to get analysis on low-quality videos,' he said. 'That's what clubs are excited about—eyes on all the pitches where there's a camera.' And it's not just evaluation. It's valuation. With support from data scientist Peter Cotton, Score is developing a model that assigns a numerical value to each player's contribution in real time. 'We're looking at whether a player is giving a plus or minus contribution to the successful outcome of a move,' Grant said. 'Frame by frame.' Think Moneyball, on-chain. That performance data also opens the door to global scouting. Sebti said their system can ingest game footage from anywhere—remote pitches, amateur leagues, youth tournaments—and benchmark every player to the same standard. They've even brought in Arsenal's former international chief scout to help train the models. The goal is simple: track the signal, skip the noise. 'We're trying to abstract and quantify everything that can happen on the pitch,' Sebti said. 'And don't get biased by what we think.' Despite its novel technology, Score has a lot of company — Big Tech companies in particular — when it comes to competition within the AI visual intelligence arena. While each of these players has unique competitive advantages, they each were primarily built to function within centralized settings since that's still where most of the AI market resides. However, Score's open-source approach is intentional and unique. 'We want to be the optic nerve of AI,' Sebti said. 'We're going to allow everyone to plug their eyes into that.' That modular design means developers, researchers, and companies can layer on top of Score without rebuilding the core. The infrastructure is built. The models are training. The use cases are waiting. When asked what advice he'd give other founders considering decentralized AI, Sebti didn't hesitate. 'Pick Bittensor,' he said. 'Find an asymmetry—something extremely complex to solve but easy to verify. And embrace the feedback. Your incentives are aligned.' It's not theory. It's execution. And it's happening now.
Yahoo
17-06-2025
- Business
- Yahoo
AI tokens rally after Elon Musk's $4.3B fundraiser
AI tokens rally after Elon Musk's $4.3B fundraiser originally appeared on TheStreet. Elon Musk's artificial intelligence firm xAI is holding talks to raise $4.3 billion in equity on top of the $5 billion it has been trying to borrow from debt investors, Bloomberg reported on June 17. As reported earlier, xAI acquired X, formerly Twitter, which is one of the leading platforms for crypto-related discussions. xAI, the company behind the AI chatbot Grok, partially needs new funds because it has already spent most of what it previously raised, the report mentions. The AI startup raised $14 billion in equity between its foundation in March 2023 and the launch of the debt sale in 2025. However, it is left with only $4 billion on its balance sheet, as of March 31, the report mentions. The AI tokens responded positively to the latest announcement. TAO, the AI token powering the decentralized ML network called Bittensor, rose 1.28% in an hour to $356.68 at press time. NEAR, a prominent AI token, rose 0.59% to $2.21. ICP, the token powering decentralized AI solutions at the Internet Computer protocol, rose 0.49% to $5.29. RENDER, the AI token powering the decentralized GPU rendering platform, rose 1.05% to $3.35. FET, the AI token behind the Artificial Intelligence Alliance consortium, also rose 1.24% to $0.6787. FIL, the token supporting the internet infrastructure behind decentralized AI, rose 0.63% to $2.43. VIRTUAL, the token behind AI agent-enabling Virtuals Protocol, rose 0.9% to $1.79. INJ, the token lying at the intersection of AI and DeFi at the Injective protocol, rose 1.16% to $11.47. The AI tokens market cap stood at $26 billion at the time of writing. AI tokens rally after Elon Musk's $4.3B fundraiser first appeared on TheStreet on Jun 17, 2025 This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
