ChainCatcher news, the decentralized AI training platform FLock announced the completion of a $3 million strategic round of financing, bringing the total financing to $11 million. This round of financing was led by Grayscale's parent company, Digital Currency Group (DCG), with Lightspeed Faction participating in a follow-on round, along with strategic partners such as Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas1s Ventures, and A41. This round of financing will enable FLock to advance the democratization of AI model development and continue to build a decentralized AI training platform.FLock aims to address issues such as lack of transparency, weak data privacy, and unfair compensation for contributors in traditional centralized AI systems through blockchain technology. With its decentralized collaboration model, data remains local and does not need to be uploaded to third parties, allowing contributors to fairly share the benefits derived from data, computing power, and feedback, giving everyone the opportunity to participate in AI development.

ChainCatcher news, according to Jinshi Data, the number of users on the American social media platform Bluesky has surged as users flee X following Trump's election as the next President of the United States. The upcoming changes to the terms of service may complicate the legal challenges facing this platform. Bluesky announced on Thursday that it gained approximately 2.5 million new users in the past week, bringing the total number of users to over 16 million.According to data from the analytics company SimilarWeb, after the news of Trump's presidential election victory broke, X saw 46.5 million visits in the U.S. on November 6, which is more than any other day in the past year and 38% higher than the daily visits in recent months.However, over 115,000 American users have deactivated their X accounts, the highest number since Musk acquired the platform. Meanwhile, Bluesky attracted about 1.2 million visitors on November 6, surpassing Meta's platform Threads, which had 950,000.

ChainCatcher news, FLock.io announced the signing of a memorandum of understanding with Animoca Brands. Both parties plan to jointly develop AI models specifically designed for Animoca Brands, focusing on due diligence, investment, market making, and operational support. The FLock.io platform combines federated learning and blockchain technology, aiming to ensure data privacy through decentralized collaboration and promote collaborative training of AI models.FLock.io CFO Vincent stated that this collaboration will leverage FLock.io's privacy-preserving AI training infrastructure platform to develop four AI models in specific areas for Animoca Brands, while ensuring the localization of core data.

ChainCatcher news, according to The Block, FLock.io announced that it has received funding from the Ethereum Foundation Academic Grants Round 2024, with the specific amount not disclosed.It is reported that the funds will be used for research on the incentive mechanisms of its blockchain-based machine learning solutions.

ChainCatcher news, according to on-chain detective ZachXBT's monitoring, a certain exchange-funded new wallet has sniped about 40% of the total supply of FLOCKA and distributed it to other wallets.Today's news, American rapper Waka Flocka Flame has launched the meme coin FLOCKA, which has increased over 150 times in 24 hours.

ChainCatcher news, according to The Block, FLock.io has launched its AI training platform's web application train.flock.io. By integrating private data and on-chain rewards, FLock ensures fair incentives and promotes open collaboration. It meets the demand for customized AI models from both Web3 and Web2 projects while protecting data privacy by training models without exposing source data.It is reported that this beta version brings Web3 closer to providing traceable contributions and on-chain incentives for data owners, model developers, and computing providers, creating dedicated models for different communities.

ChainCatcher news, according to CoinDesk, the "AI co-creation" platform FLock.io and the network Morpheus, which supports intelligent agents, announced a strategic partnership to advance decentralized AI capabilities in Web3.The team stated that by merging FLock.io's community-driven, decentralized AI training model platform with Morpheus, intelligent agent builders will be able to deploy their code and earn rewards. The partnership aims to reduce reliance on centralized external function calls from OpenAI and integrate more intelligent agents into Web3 wallets. Ultimately, this integration will enable users to leverage AI directly from their wallets, providing a seamless, secure, and intuitive transaction experience.

ChainCatcher news, OKX Ventures announced an investment in the decentralized permissionless platform FLock for AI models and Dapps. FLock.io leverages the synergy of federated learning and blockchain technology to address the growing demand for models and potential data leakage threats, ensuring the security of model training without disclosing underlying source data, while providing fair rewards for data contribution and community collaboration."We are excited to participate in the investment in FLock. By combining technologies such as FL, ZK, and compression, FLock is building a decentralized AI platform and model community on-chain. Currently, the security issues surrounding AI data are a pain point in development. FLock allows users to provide local data for model training without leaving the data repository, thus ensuring data security and privacy. FLock's application scenarios are diverse, helping developers lower the development threshold for on-chain AI Dapps, and it is expected to become the infrastructure for AI in the Web3 world, facilitating better development in the AI sector," said Dora, founder of OKX Ventures.

ChainCatcher news, according to The Block, the Web3 AI project FLock.io has completed a $6 million seed round financing, led by Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital. The seed round financing brings the total funds raised by FLock to $8 million, and there will be no changes to FLock's board after this round of financing, as FLock is still in the future Simple Agreement for Equity (SAFE) stage.

ChainCatcher news, according to Decrypt, the social app friend.tech announced support for users to send photos to "Key" holders, prompting many OnlyFans content creators to quickly migrate to the platform.

ChainCatcher news, according to The Block, Bitcoin Dominance has reached 45.84%, a nearly 2-year high.It is reported that the last time such a level was seen was in July 2021, when it reached 46.77%. This indicates that traders and investors are flocking to Bitcoin rather than smaller market share altcoins. (Source link)