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Aligned is partnering with a key partner to bring Ethereum solutions to millions of users.

2 hours ago

On November 6th, Aligned is progressively emerging as the favored second-layer solution (L2) technology stack and Rollup-as-a-Service (RaaS) provider among institutional partners. By forging strategic partnerships with Sovra and Loom Finance, this native Ethereum zero-knowledge (ZK) infrastructure company is offering technical support for the next generation of Ethereum applications. These applications are not only targeted at crypto-native users but also serve various governments, enterprises, and millions of global ordinary users. Currently, Sovra is making use of Aligned's RaaS technology stack to construct a service system that encompasses over 6 million users in Argentina, Mexico, and Colombia. Aligned is providing comprehensive assistance to Sovra, including proof services, L2 network deployment, and the forthcoming Wallet-as-a-Service feature, thereby offering an end-to-end technology stack guarantee for an internet-scale sovereign identity system. Aligned also serves as the infrastructure provider for Loom Finance. Recently, Loom Finance released a whitepaper that details its platform positioning, which focuses on "yield-backed financing" and "real-world cash flow on-chain." Through the Loom platform, crypto investors can obtain stable returns from off-chain enterprises, while enterprises can raise non-dilutive funds backed by future revenues. The entire process is settled on Ethereum via a high-performance L2 Rollup built on Ethrex and deployed through Aligned. Aligned is a vertically integrated technology stack aimed at building an ecosystem for the "verifiable internet." By leveraging zero-knowledge proof systems, Rollup infrastructure, and cross-chain interoperability tools, Aligned aims to reduce the barriers for institutions and developers, enabling them to launch applications on Ethereum that combine scalability with a "trust-first" approach.
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CoreWeave has signed a $1.17 billion AI agreement with Vast Data, backed by Nvidia.

On November 6th, as per Reuters, CoreWeave entered into a $1.17 billion AI agreement with Vast Data, with an investment from Nvidia. Subsequent to this news, CoreWeave's pre-market stock witnessed a nearly 4% increase. Under the terms of the agreement, CoreWeave will utilize Vast as its primary data platform for its cloud infrastructure, granting customers access to Graphics Processing Units (GPUs) for training and operating artificial intelligence models. Vast indicated that such contracts typically span three to five years but refrained from disclosing detailed financial particulars.

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JPMorgan Chase: Retail Investors Will Continue to Drive Stock Market Higher

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Willy Woo: Bitcoin Liquidity Showing Signs of Recovery, Price to be Validated in Two Weeks if Trend Continues

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"The 'Former 100% Win Rate Whale' has closed a 40x BTC long position, earning only about $32,000"

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Galaxy Research: Over 70% of Top 100 Cryptocurrencies by Market Cap Are Down Over 50% from Their All-Time High

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The Bank of England Keeps Interest Rate Unchanged as Scheduled

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