Donut Labs Raises $22M for AI Crypto Trading Browser

New York startup Donut Labs has secured $22 million in funding to develop what it claims is the first agentic AI browser designed specifically for cryptocurrency trading. The platform aims to revolutionize how traders interact with digital assets by automating research, analysis, and execution while maintaining robust security protocols. Founder Chris Zhu believes AI browsers represent the next frontier in web interaction, with crypto traders leading the adoption curve.

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KuCoin Launches KuPool Mining Service for Transparent Mining

KuCoin has officially launched KuPool, a comprehensive mining pool service designed to revolutionize cryptocurrency mining through enhanced transparency, verifiable hashrate, and fair profit distribution. The platform integrates with KuCoin’s existing ecosystem and is led by mining veteran Chris Zhu, bringing extensive industry experience to an initiative that aims to transform mining into a foundational trust asset within the crypto economy.

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Sonic Launches Mobius Mainnet to Enhance Solana’s Gaming and dApp Ecosystem

Sonic SVM has launched its Mobius mainnet, the first Solana Virtual Machine chain, aimed at enhancing performance for decentralized applications, particularly in gaming. Developers can migrate their dApps seamlessly, benefiting from lower gas fees and faster transactions while maintaining compatibility with Solana’s ecosystem. With over eight million users onboarded during testing, Sonic is also hosting a $1 million hackathon to encourage the development of AI, DeFi, and other applications.

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Sonic Launches Mobius Mainnet to Enhance Solana’s Scalability and dApp Development

Sonic has launched its Mobius mainnet, designed as an extension of Solana to enhance scalability and support high-volume decentralized applications (dApps). This new blockchain solution allows developers to migrate existing applications seamlessly, utilizing SOL for gas fees and ensuring interoperability with Solana’s ecosystem.Mobius aims to create a cohesive environment for Web3 applications, leveraging the HyperGrid framework for improved customization and lower transaction fees—50% less than Solana. With over 8 million users onboarded during the testnet phase, Sonic’s initiative marks a significant milestone in the evolution of decentralized technology.

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Sonic SVM Launches Fund to Boost Web3 Gaming and AI Development

Sonic SVM, in partnership with Galaxy Interactive, has launched the G.A.M.E. Fund 1 to support Web3 gaming and AI agents, offering up to $1 million per project. The fund aims to bridge traditional and Web3 gaming, with its first investment in Gomble Games, which has over 110 million users. Sonic’s focus on AI-driven gaming experiences positions it at the forefront of the evolving digital landscape.

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Sonic SVM Launches Token with Airdrop for TikTok Gamers

Sonic SVM, a layer-2 gaming chain on Solana, is set to launch its SONIC token on January 7, 2025, with an airdrop for players of its TikTok-based tap-to-earn game, SonicX, which has surpassed one million users. The tokenomics allocate 30% for ecosystem funding and 20% for validator rewards, while 7% of the total supply is designated for the initial airdrop. Eligible users can choose between two claiming options, with the project aiming to expand its distribution infrastructure to benefit other Web3 initiatives.

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