SingularityDAO is set to merge with Cogito Finance and SelfKey to form Singularity Finance, a layer-2 tokenization platform. The move follows a governance vote in which the SingularityDAO (SDAO) community overwhelmingly approved the merger proposal.

TL;DR SingularityDAO merges with Cogito Finance and SelfKey to create Singularity Finance, focusing on the tokenization of the artificial intelligence (AI) economy. The merger was approved by more than 94.7% of the community through a vote involving over 15 million tokens.

The merger could significantly advance AI and DeFi integration, potentially transforming financial services through innovative tokenization. The post SingularityDAO merges with Cogito Finance and SelfKey following community approval appeared first on Crypto Briefing.

SingularityDAO, a decentralized portfolio management protocol, has wrapped up an important community voting round on a proposed merger with Cogito Finance and SelfKey, according to the reports shared with Finbold on Friday, November 1.

SelfKey, a decentralized identity platform, has announced a community vote to decide its proposed merger with SingularityDAO (SDAO) and Cogito Finance. If approved, the merger will result in the formation of Singularity Finance, a Layer 2 blockchain platform focused on tokenizing artificial intelligence (AI) assets.

These three blockchain-based companies plan to form a combined entity called Singularity Finance. It will focus on using AI to manage assets and offer financial tools.

SingularityDAO is looking to advance to Singularity Finance with strategic merger with Cogito Finance and SelfKey.

Key Points:

TL;DR SingularityDAO, Cogito Finance, and SelfKey team up to create Singularity Finance, a Layer-2 EVM platform focused on tokenizing artificial intelligence (AI) assets. The existing SDAO, CGV and KEY tokens will be merged into a single native token called SFI, which will initially launch on Ethereum and BNB Chain.

SingularityDAO has joined forces with Cogito Finance and SelfKey to create a new EVM layer-2 platform aimed at tokenizing real-world assets for decentralized finance.

The tokenized AI: innovations in the decentralized economy thanks to Singularity Finance

SingularityDAO, Cogito Finance, and SelfKey have announced a strategic token merger to form Singularity Finance, an EVM Layer-2 blockchain aimed at tokenizing Real World Assets (RWA) within the AI economy. This merger integrates the trio's cutting-edge technologies, creating a platform optimized for artificial intelligence (AI) tokenization and propelling the future of Web3.

The collaboration could democratize AI-driven finance, enhancing accessibility and innovation while navigating regulatory challenges in the AI economy. The post SingularityDAO, Cogito Finance, and SelfKey unite to launch Singularity Finance, an EVM L2 for AI economy appeared first on Crypto Briefing.

SingularityDAO, Cogito Finance, and SelfKey have merged their tokens to launch Singularity Finance, a new Layer-2 (L2) platform on the Ethereum Virtual Machine (EVM), as per the updates shared with Finbold on Tuesday, October 15.

The decentralized and artificial intelligence-powered portfolio management protocol SingularityDAO has said it's planning a major transformation in order to accelerate its plans to bring AI on-chain.

The three projects' tokens will consolidate into Singularity Finance (SFI).

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coin CMP Market cap Trading volume Price change (24 h) Price change (7d) SUN $0.0232 227M 41.51M -0.80% -0.20% Bluzella (BLZ) $0.15 66.55M 12M -0.50% 33% SUI $1.51 4051M 806M -6.

As the cryptocurrency market stabilizes following a recent downturn, opportunities for strategic investments are emerging, particularly in assets that have recently entered oversold territories.

A recent YouTube video analysis by Crypto Banter notes Bitcoin's current struggle to break through key resistance levels despite trading at $63,000. The inability of Bitcoin to reclaim $67,000 was highlighted as a concern for the broader market sentiment.

Cryptocurrency prices moved sideways after the Department of Justice (DoJ) sued KuCoin, one of the biggest exchanges in the world. They also wavered after a court ruled that the SEC lawsuit against Coinbase may continue. Bitcoin remained at $70,000 while Ethereum was stuck below $3,500.

Investing in cryptocurrencies has turned small amounts into significant profits for many. Some investors have made fortunes by finding promising altcoins early or holding onto them until they surged.

Bluzelle (BLZ) announced the launch of Curium on February 22, a new miner pool app offering a user-friendly node technology compatible with all major computing platforms, including computers and mobile devices.

Altcoins including Status (SNT), SushiSwap (SUSHI), and Bluzelle (BLZ) have experienced significant gains in the cryptocurrency market, while Bitcoin (BTC) continues to hover below the $35,000 mark. According to insights provided by blockchain intelligence firm Santiment, these three altcoins have emerged as top performers, capitalizing on the profits generated by Bitcoin.

Many cryptocurrencies surged for extraordinary gains in the last seven days. Market indicators suggest potential downturns and disparate price fluctuations for three particular cryptocurrencies that crypto traders should avoid buying next week.

Bluezelle (BLZ) drew investors' attention when it rallied 425% between August 4 and September 20, reaching a 2023 price peak of $0.21. On-chain analysis explores how recent whale movements could impact BZL prices in the days ahead.

Investing in cryptocurrencies and trading crypto can be risky, due to it still being an experimental financial ecosystem in a borderless market that never sleeps. More than knowing what projects investors should buy, knowing which to avoid can save speculators from accruing huge losses.

DWF Labs has caught the attention of the community due to its extensive on-chain activity and notable token transactions involving FRONT and BLZ.

Bluzelle (BLZ) has grabbed headlines with a 125% price rally over the past week. On-chain data reveals that the intense whale trading activity has spiked significantly, sparking suspicions of coordinated pump action.

In an official statement released on August 14, Binance, a prominent cryptocurrency exchange, has announced upcoming changes to its BLZU perpetual contract leverage and funding rate settlement frequency. The modifications are set to take effect at 11:00 UTC on the same day.

Bluzelle (BLZ) has struggled since March. However, the recent spike in the asset's trading activity has sparked a bull run for BLZ.

Bluzelle (BLZ) price has suddenly woken up as demand for the token jumped. BLZ soared to a high of $0.1225 on Monday, the highest level since February this year. It has jumped by more than 126% from the lowest level this year.

Blockchain-based digital identity service SelfKey is rolling out its artificial intelligence (AI) solution and zero knowledge (zk) verifications to vendors, allowing them to safely authenticate users without exposing them to identity theft. Ahead of the launch, SelfKey has released a new whitepaper detailing its Know Your Customer (KYC) chain technology.

A new whitepaper covering KYC solutions with features enabled by artificial intelligence (AI) and Zero-knowledge (zk) verifications has now been published by the self-sovereign identification service SelfKey.

Despite flat crypto markets, a few tokens like KEY are finding strong support from buyers.

On January 11, 2023, RVN, CLV, CVX, ANT, and PHA became available to buy on Okcoin in the United States. Withdrawals will be available soon, the Okcoin team confirmed.

Prosper (PROS) and Ripple (XRP) lead the recent market gainers while weakness in financial markets pulled Bitcoin (BTC) and Ethereum (ETH) lower. The Prosper (PROS) price and Ripple (XRP) price made double digit gains recently, delighting investors in what's been a difficult bear market.

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Alpha Venture DAO (ALPHA), Bluzelle (BLZ), Boba Network (BOBA), Celer Network (CELR), Nodle (NODL), Polkastarter (POLS), Marlin (POND), TrueFi (TRU) and Chain (XCN).

Coinbase is continuing to expand its crypto footprint by extending custodial services support to a diverse array of digital assets. In a new announcement, the US-based cryptocurrency exchange says it's adding eight cryptos to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust. Coinbase Custody now supports deposits and […] The post Coinbase Custody Adds Support for Eight Small-Cap Altcoins As Crypto Markets Stall appeared first on The Daily Hodl.