ChainCatcher news, the on-chain AI oracle service Canyon Network based in New York announced the completion of a $6 million funding round, with participation from DeData Technologies, DAO Venture, Vinci Labs, and Fission Digital Capital, reaching a valuation of $60 million. The new funds will be used to support the development and launch of Onchain AI Oracle, enhancing the transparency, efficiency, and security of AI-driven blockchain applications.Canyon has developed an architecture consisting of a large off-chain network of validators and operators, along with a set of on-chain Solana programs. When a dApp interacts with the Canyon AI Oracle Solana program to request AI inference, the AI Oracle network quickly generates verifiable results, ensuring the transparency, efficiency, and security of AI-driven blockchain applications.

ChainCatcher news, TRON DAO's investment department TRON DAO Ventures has purchased $2 million worth of CRV tokens as an investment in Curve. As part of the strategic partnership, Curve will launch on the TRON and BTTC networks.

According to ChainCatcher news and the official Twitter, the decentralized social platform WGFdesocial has completed a $20 million seed round financing, led by Dao venture capital. Humza Saleem, co-founder and CEO of WGFdesocial, stated that WGFdesocial is a completely decentralized social platform that does not collect any user data. 60% of the funds will be used for early participant airdrops, and 40% will be used for WGF ecosystem development and team expansion. The WGFdesocial ecosystem will be launched in Q3, and all contributors who participated in the early interactions will receive airdrops. (Source link)