centralized

According to data from DefiLlama, Gate has seen a net inflow of over $478.16 million in the past 7 days and over $387.56 million in the past 30 days, consistently ranking first among global centralized exchanges.

According to the official announcement, the decentralized perpetual contract exchange Satori Finance, supported by Coinbase Ventures and Jump Capital, has announced that due to a prolonged market downturn leading to unsustainable revenue, it has decided to gradually shut down the platform.All services of Satori will officially terminate at 19:59 Eastern Time on July 16, 2026. The official reminds users to close positions and withdraw all assets as soon as possible before this deadline, as funds may become inaccessible after the deadline. It is reported that the platform completed a $10 million financing in 2022, with a historical cumulative trading volume of nearly $99 billion.Recently, due to a significant correction in the crypto market, several industry startups (such as Botanix, Syndicate Labs, etc.) have announced shutdowns.

BTTInferGrid has officially launched, opening a new chapter in the decentralized AI (DeAI) track for the ecosystem. As a significant ecological upgrade to the existing BTFS services, this platform aims to break traditional computing power barriers through a trustless multi-validator consensus mechanism, establishing a solid guarantee of computational integrity. With the $BTT token serving as the foundational option for unified incentives and settlements within the ecosystem, it seamlessly and efficiently connects idle GPU resources with a wide range of AI developers. Under this network architecture, BTTInferGrid not only provides ultra-cost-effective, elastically scalable on-demand computing services for AI inference, lowering the threshold for large model inference and operation; it also empowers global hardware nodes, allowing the supply side to easily convert idle GPUs into high-value earnings through a transparent reward mechanism based on performance weight. BTTInferGrid is leading the AI infrastructure into a new round of paradigm revolution towards decentralization, relying on a strong consensus of cryptoeconomics.

Hyperbridge Cross-Chain Interoperability Protocol Hyperbridge announced the completion of a comprehensive architecture reboot, re-launching after completing security audits, bug bounty incentives, and system reconstruction, and officially transforming into a "hyperstructure." The protocol was suspended after the security incident on April 13, during which it completed a joint audit with organizations such as SRLabs and paid over $150,000 in bounties to security researchers.The team stated that this upgrade removed the original centralized management keys, transitioning to a fully permissionless network of validators and provers, achieving full-stack decentralized operation.This reboot also introduced the "Hyper Fungible Token (HFT)" standard, making each cross-chain asset an independent application layer structure, with issuers autonomously controlling cross-chain behavior rules, including pause mechanisms and throttling strategies. Hyperbridge also released the OFT (Omnichain Fungible Token) adapter, which is compatible with existing cross-chain protocols like LayerZero, allowing assets to be migrated to a zero-knowledge proof-based transport layer by simply modifying configuration parameters, without the need to redeploy contracts.In addition, the protocol's business model has shifted from a pay-per-use model to a subscription model, allowing cross-chain applications to pay a stablecoin fee of $50 to $1,000 per month for bandwidth services. The official statement indicated that this upgrade marks Hyperbridge's transition from an early cross-chain bridge project to a fully decentralized infrastructure protocol, aiming to provide a unified interoperability layer for a multi-chain ecosystem without the need for trusted intermediaries.

The decentralized AI infrastructure network DGrid AI today released its latest research paper "PoQ-Judge," proposing a multi-architecture quality assessment framework that does not require reference answers. This means that in real deployment environments, there are often no standard answers for comparison, yet the protocol can still reliably score the quality of model responses and allocate incentives accordingly. This is a key piece that has long been missing in DGrid's decentralized LLM inference quality assessment system.PoQ (Proof of Quality) is a consensus mechanism independently developed by DGrid, designed to prevent model providers from deploying low-quality models, fabricating data, or hiding computational costs at the protocol level, thereby ensuring service quality and pricing transparency. The DGrid team has been continuously working on PoQ and has published four research papers to date. The newly released PoQ-Judge has trained three assessment models covering different quality and cost scenarios, achieving a correlation of up to 0.747 with human scoring on the retention test set, significantly outperforming all previous reference answer-based evaluators, while reducing assessment costs by over 72% through cascading evaluation and online weight calibration.With the implementation of PoQ-Judge, the entire process from quality assessment → scoring → incentive allocation has completely eliminated reliance on reference answers, thus establishing a closed loop for the quality of decentralized LLM inference.DGrid AI is a decentralized AI intelligent network dedicated to building an open, transparent, and community-driven AI infrastructure. Focusing on model invocation and application experience, DGrid has launched several core products: the AI Gateway that aggregates mainstream large models globally, the one-click deployment platform for AI agents DClaw, the anonymous model competition platform AI Arena, and the intelligent model recommendation assistant Dori, providing one-stop services for developers and users. It is reported that DGrid AI's revenue has surpassed 20 million dollars in six months.

According to official news, the decentralized futures exchange MNX, aimed at the AI economy, has completed a $6.4 million financing round, with participation from Village Global, Cambrian, Relay Digital, North Island Ventures, and others.MNX aims to build AI-native derivatives infrastructure, covering GPU leasing prices, data center electricity cost futures, valuation markets for private labs such as OpenAI, Anthropic, DeepSeek, AI benchmarks and financial forecasting markets, as well as global stock perpetual contracts related to AI. The platform supports leverage, portfolio margin, and batch auction fair execution, with settlement conducted in a completely non-custodial manner on MegaETH, and the mainnet is scheduled to officially launch this summer.

The decentralized AI infrastructure network DGrid AI announced an official partnership with MiniMax. Both parties will provide low-cost, high-availability access to MiniMax models for global developers and agents through the DGrid decentralized AI Gateway, jointly promoting its adoption in a broader ecosystem.DGrid is a decentralized AI infrastructure that aggregates mainstream AI models from around the world. It currently connects over 200 models, including Claude, GPT, and Gemini, enabling one-stop access through a unified API. The platform is aimed at developers and AI agent builders, offering high-availability, low-latency model access services, and is committed to lowering the entry barriers and usage costs for AI applications.MiniMax is a global leader in general artificial intelligence across all modalities and is one of the few AI companies capable of self-developing models for text, voice, video, music, and other modalities. This official collaboration with MiniMax represents another significant expansion for DGrid on the model supply side, marking a new step in connecting mainstream model vendors and building a decentralized AI ecosystem. With the integration of more high-quality models, DGrid is becoming a unified entry point for AI developers to access diverse model capabilities, providing more flexible and open infrastructure support for the next generation of intelligent applications.As part of the initial collaboration, MiniMax's flagship model M3 has been launched on DGrid, and DGrid Premium users can enjoy a 55% discount directly.

According to The Defiant, Binance announced that it will officially stop centralized NFT market services starting from July 3, 2026, and all NFT functions will be migrated to the self-custody Binance Wallet.This move marks a near-complete retreat of NFT markets supported by centralized exchanges (CEX). Previously, platforms such as Coinbase NFT, Kraken NFT, Gemini Nifty Gateway, and X2Y2 have successively closed or transformed.Binance stated that this adjustment aims to provide users with a more seamless Web3 NFT experience. Users must withdraw transferable NFTs to Binance Wallet or other self-custody wallets by July 3 at 23:59 (UTC), and the platform will reimburse part of the withdrawal fees.

According to Cointelegraph, Swan Bitcoin CEO Cory Klippsten stated in an interview that although institutional investors' participation in the cryptocurrency space is increasing, it is very important to pay attention to retail sentiment towards Bitcoin, as Bitcoin holdings are far from being concentrated. "Bitcoin is not monopolized like BlackRock or Fidelity; in fact, it is primarily purchased by numerous retail accounts."

Ethereum co-founder Vitalik Buterin stated that he will no longer write regular blog posts and has decided to try writing some science fiction stories on the theme of decentralized governance.According to the link he posted, he has completed the first and second chapters of the science fiction novel.

According to Jin Shi reports, Federal Reserve's Logan calls for centralized clearing of the Federal Reserve's open market operations and the development of richer liquidity tools.

According to Fortune, the decentralized derivatives trading platform Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures.The company is headquartered in the Cayman Islands and is dedicated to building an on-chain derivatives protocol for institutional and traditional financial traders. By aggregating liquidity from traditional finance and the crypto market, it aims to provide an on-chain market for real assets such as oil and commodities that can be traded instantly. Its core product, the Omni platform, adopts a zero-fee model and combines a liquidity pool mechanism to enhance market depth and execution efficiency.Variational stated that its goal is not to compete directly with centralized exchanges but to connect multi-source liquidity through a "brokerage-style" model, including traditional financial market makers and mainstream crypto trading platforms, to address the "liquidity cold start" problem in on-chain markets.

The Bitcoin TAP protocol ecological project BIT (@dmt_bit_) has released a new roadmap, announcing a focus on the narrative of "Bitcoin Security Budget Layer," with tokens being directly issued to Bitcoin miners every block as a new source of miner subsidies.The BIT team disclosed that currently only the $NAT token enjoys the miner subsidy mechanism under the TAP protocol, and this mechanism is hardcoded in the protocol's source code (effective only for the dmt-nat token), making it unavailable for other DMT projects. The TAP protocol has also not publicly disclosed any third-party security audits to date.BIT has submitted a code upgrade proposal to TAP, hoping to open this mechanism for use by all DMT tokens, but it was rejected by the TAP officials.According to the roadmap, BIT will next develop a new protocol based on a TAP fork—any DMT token deployment party can customize the token issuance rules and miner distribution methods (including distribution by mining pool weight, independent miner prize accumulation, mixed distribution, etc.) through a single inscription, eliminating any hardcoded privileges for projects. A third-party security audit will be completed before the mainnet launch of the new protocol. $BIT will serve as the native token of the new protocol, and the ecological development of the protocol will continue to empower $BIT.

Vitalik Buterin posted on the X platform, stating, "The quality of prediction markets depends on their oracles," and expressed his happiness to see prediction markets beginning to shift towards decentralized and non-financial oracle solutions.He also mentioned that the next step in development should be to achieve privacy for proof-of-stake voting.

The decentralized AI computing Layer 1 network Kaisar Network announced that it has completed $4 million in financing to date, with $1 million from a strategic Pre-Seed round.Kaisar Network is incubated by Outlier Ventures and Borderless Capital, with investors including Merov Capital, StoneBlock, WM Capital, Arche Fund, Q42, Unicorn Ventures, and others. Kaisar announced the launch of Token AI, allowing users to access decentralized GPU computing, AI credits, and agent services.

The Hyperliquid Policy Center (HPC) announced that it has formally submitted a comment letter regarding the U.S. Commodity Futures Trading Commission (CFTC) Advance Notice of Proposed Rulemaking (ANPRM) on prediction markets, advocating for the establishment of a clear compliance path for decentralized prediction markets based on public, permissionless blockchains while improving the regulatory framework for centralized prediction markets.In the comment letter, HPC calls on the CFTC to develop more flexible, function-oriented rules to accommodate decentralized market structures; to establish clear legal channels for U.S. market participants to access decentralized prediction markets; and to promote the U.S. leading position in decentralized financial innovation. HPC stated that prediction markets are a natural extension of the federal derivatives framework, helping participants directly manage their economic risk exposure to real-world events and aggregating dispersed information through continuously updated market prices, whose price discovery capabilities have been widely validated, even outperforming traditional polls and expert forecasts.It pointed out that decentralized prediction markets based on public blockchains have advantages such as transparency, non-custodial nature, and high resilience, not relying on centralized operators to hold user funds, and there is no single point of failure risk; all transactions are recorded in real-time on a public ledger, facilitating regulation and market oversight, while market access standards are more transparent and uniform.HPC emphasized that current rulemaking should not solidify reliance on a single exchange operator, custodial intermediaries, and traditional settlement monitoring mechanisms, as this would hinder U.S. users' legitimate participation in decentralized prediction markets. It stated that it will continue to promote compliance access for U.S. market participants to Hyperliquid and HIP-4 outcome markets and will maintain communication with the CFTC.

According to official social media news, the Chinese decentralized contract trading platform Sun Wukong has now launched MU/USDT and TSM/USDT, with a maximum leverage of 10 times.

The decentralized computing platform VORAN announced the successful completion of a $3 million seed round financing. The participating institutions in this round of financing include IBC Group, CGV, All In Club, Harbor Digital Ventures, and several senior figures in the Web3 field.It is reported that VORAN aims to provide scalable decentralized computing services globally. The official statement indicates that the funds raised in this round will mainly be used to accelerate the development and iteration of platform applications and further expand its underlying infrastructure.

The decentralized prediction market network Reppo announced that its Reppo Foundation has received a strategic investment commitment of $20,000,000 from Bolts Capital to support the next phase of development and ecosystem expansion of the Reppo protocol, as well as to promote the use of prediction markets to solve the training data bottleneck issue.Reppo stated that its core concept is to transform human judgment into verifiable, incentivized data sources through prediction market mechanisms, addressing the current challenges in acquiring high-quality data for AI training. The project supports multimodal data processing, including text, images, audio, and video, by building a decentralized data network (Datanets), providing support for model training, evaluation, and fine-tuning.