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Pundi AI Teams Up with LinqAI: Driving Innovation in Decentralized AI from Data to Compute

2 hours ago

December 12 — Pundi AI announced a partnership with LinqAI, the development team behind decentralized computing network LinqProtocol, to collaborate on building a decentralized AI ecosystem powered by trusted data and scalable computing resources. Pundi AI empowers the community to create and verify high-quality AI training data via on-chain provenance and tokenized ownership. LinqProtocol, meanwhile, offers global GPU and CPU resources through its permissionless computing network—delivering cost efficiencies for AI task execution relative to centralized cloud providers. This collaboration will combine Pundi AI’s verifiable datasets with LinqProtocol’s computing network to unlock new compute-intensive use cases, including advanced AI agents, inference workloads, simulation, and automation. The pair shares a vision to put users in control of the value they generate: data ownership stays with creators, and computing power is transparent and globally distributed. As both ecosystems grow, more integrations, incentive structures, and developer opportunities will roll out to collectively build a community-driven, open AI future.
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Binance Denies Korean Media Reports of Delayed Response to Upbit Hack

Binance has denied South Korean media reports claiming it responded slowly to the recent hack of major local exchange Upbit, a company spokesperson said Tuesday (Dec. 12). “Our security and investigation teams identified the incident immediately and took swift action to freeze relevant transfers, stopping further fund outflows,” the spokesperson stated. “Any claims we failed to act timely or effectively are baseless and inaccurate.” Earlier Tuesday, South Korean outlet KBS reported local police asked Binance to freeze stolen cryptocurrency linked to the Upbit hack—but the exchange only froze a portion of the requested amount. Upbit, South Korea’s largest crypto exchange, disclosed on Nov. 27 that it detected unusual withdrawals totaling roughly 54 billion won ($36 million) in Solana network-related assets, sent to unknown external wallets. On the day of the hack (Nov. 27), police confirmed some stolen funds flowed to Binance and requested the exchange freeze about 470 milli

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Spot Silver Rises to $64.65 per Ounce, Hits New All-Time High

On December 12, spot silver climbed to $64.65 per ounce, notching another all-time high, according to market data.

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Huaxia Fund Hong Kong Launches Asia's Largest Tokenized Money Market Fund on Solana

Katie He, Head of Product and Strategy at ChinaAMC Hong Kong (ChinaAMC HK), announced at the Solana Breakpoint Conference on December 12 that the firm will launch Asia’s first and largest tokenized currency market fund. Covering the Hong Kong Dollar (HKD), U.S. Dollar (USD), and Chinese Yuan (RMB), the fund will tokenize traditional currency market instruments to offer investors secure on-chain access to stable return opportunities—with full transparency and real-time settlement. Following months of collaboration with regulators and partners including OSL, this innovation will expand beyond Hong Kong to broader markets and is natively deployed on the Solana blockchain.

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Curve DAO has approved increasing YieldBasis's crvUSD credit limit to $1 billion.

On December 12, Curve DAO announced it has approved raising YieldBasis’s crvUSD credit line from $300 million to $1 billion. While this is the maximum allowed credit line, it won’t be allocated immediately—usage will expand gradually as crvUSD liquidity increases. Curve set the overall limit, and YieldBasis needs its own governance vote to lift its individual market cap within that framework.

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Interactive Brokers will allow funding your brokerage account with a stablecoin

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Zepz Launches SendWave Wallet, a Non-Custodial Wallet for Solana-based Stablecoin

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