ChainCatcher news, according to Chainwire, the SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity, Singularity Finance, focusing on the tokenization of the AI economy on EVM Layer 2. It is reported that this vote was conducted through the Snapshot governance framework, with over 15 million SDAO participating in the voting, achieving a support rate of 94.78%. The new entity will integrate the strengths of all three parties, focusing on AI-driven financial services, including real-world asset (RWA) tokenization and on-chain identity management.Singularity Finance will be led by a committee consisting of SingularityNET CEO Ben Goertzel, Cogito Finance CEO Cloris Chen, and SingularityDAO co-founder Mario Casiraghi. The project will continue to enhance SingularityDAO's existing AI-driven portfolio management services and combine SelfKey's compliance solutions with Cogito Finance's RWA tokenization technology to provide users with more comprehensive AI financial services.

ChainCatcher news, according to Chainwire, the SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity, Singularity Finance, focusing on the tokenization of the AI economy on EVM Layer 2.It is reported that this vote was conducted through the Snapshot governance framework, with over 15 million SDAO participating in the voting, achieving a support rate of 94.78%. The new entity will integrate the strengths of the three parties, focusing on AI-driven financial services, including the tokenization of real-world assets (RWA) and on-chain identity management.Singularity Finance will be led by a committee consisting of SingularityNET CEO Ben Goertzel, Cogito Finance CEO Cloris Chen, and SingularityDAO co-founder Mario Casiraghi. The project will continue to enhance SingularityDAO's existing AI-driven portfolio management services and combine SelfKey's compliance solutions with Cogito Finance's RWA tokenization technology to provide users with more comprehensive AI financial services.

ChainCatcher news, SingularityDAO plans to merge with Cogito Finance and SelfKey to form a joint project focused on the tokenization of the artificial intelligence (AI) economy.The new entity, Singularity Finance, will provide a second-layer network for tokenizing assets such as GPUs and offer AI financial tools. The planned merger will make SelfKey's existing token KEY the new token SFI of Singularity Finance.SingularityDAO's SDAO and Cogito's CGV will merge into SFI at ratios of 1:80.353 and 1:10.89, respectively. This process will vary based on discussions among stakeholders.It is reported that SingularityDAO's SingularityNET completed a similar merger in June with other AI-focused projects Fetch.ai and Ocean Protocol, forming the ASI token.

ChainCatcher news, according to CoinDesk, Privado ID (formerly Polygon ID) announced a strategic merger with Disco to achieve "multi-chain verifiable data and reputation management."Its team stated that this merger will promote the unification across Web2 and Web3 ecosystems, the development and adoption of digital identity infrastructure, and will support Privado ID's availability on blockchains such as Optimism, Arbitrum, and Base.

ChainCatcher message, CryptoQuant posted on social media that since the Ethereum merger in September 2022, the ETH/BTC exchange rate has fallen by 44%. The current ETH/BTC exchange rate is 0.0425, reaching the lowest point since April 2021.

ChainCatcher news, according to Cointelegraph, Bitcoin mining company TeraWulf has expressed a willingness to consider mergers rather than expanding its business scale. The company's CEO, Paul Prager, stated that they prefer to enhance the company's market position through strategic mergers instead of pursuing large-scale expansion. TeraWulf currently has multiple mining sites in the United States and plans to continue expanding its mining facilities in New York and Pennsylvania.In addition, TeraWulf has recently increased the number of its own mining machines and achieved significant Bitcoin production growth in the first half of 2023, reporting that its hash rate reached 5.5 EH/s, with expectations to increase to 7.9 EH/s by the end of the year.

ChainCatcher news, Binance has announced the completion of the token merger for Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX).

ChainCatcher news, SingularityDAO posted on X that at 23:00 today, FET will initiate the first phase of the ASI token merger plan with AGIX & OCEAN.AGIX and OCEAN will first be exchanged for FET starting from July 1, and then transitioned to ASI tokens.The first phase is planned to be implemented on July 1, 2024, with the migration platform for AGIX and OCEAN to FET open on the SingularityDAO dApp, allowing holders to convert their tokens to FET. The conversion rate is 1 AGIX for 0.433350 FET and 1 OCEAN for 0.433226 FET.The second phase involves cross-chain deployment of ASI tokens, upgrading the FET network to the ASI network, opening migration contracts from FET, AGIX, and OCEAN to ASI, enabling EVM and other bridges, and starting the transition of the trading platform from FET to the ASI spot market.

ChainCatcher message, Binance will support the merging of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens into ASI.Binance will stop trading and delist all existing FET, OCEAN, and AGIX spot trading pairs on July 1, 2024, at 11:00 (UTC+8); and will open ASI/BNB, ASI/BTC, ASI/BRL, ASI/FDUSD, ASI/TRY, ASI/USDC, ASI/USDT spot trading on July 5, 2024, at 16:00 (UTC+8).

ChainCatcher news, SingularityNET, Fetch.ai, and Ocean Protocol today announced the revised date for the ASI token merger, delaying it from June 13, 2024, to July 15, 2024.Fetch.ai stated that this adjustment is to meet the logistical needs and technical dependencies of exchanges, validators, and broader ecosystem partners.

ChainCatcher news, the Klaytn Foundation has announced the launch of the Kaia v1.0.0 testnet "Kairos". Kaia v1.0.0 is the first official version of the Kaia chain. The Kaia network initially transitions from the Klaytn network through a hard fork. At the moment the hard fork is applied, the Klaytn Baobab testnet will transition to the Kairos testnet. This version includes the Kaia Transition hard fork and KIP-160 hard fork configuration. The block number for the mainnet hard fork will be announced in the next version.

ChainCatcher news, Fetch.ai announced that the merger of Fetch.ai, Ocean Protocol, and SingularityNET Artificial Superintelligence (ASI) will be completed on June 13, 2024.Starting from June 11, 2024, $FET will be renamed to $ASI, and the merger will be completed on June 13. From June 11, ERC20 tokens will be available for users to exchange $FET for $ASI tokens through the token migration contract, and subsequently exchange for $AGIX and $OCEAN on June 13.

ChainCatcher news, Finschia announced that it is currently working on launching Kaia, striving to create a technological infrastructure that combines the advantages of Finschia and Klaytn, with the goal of launching by the end of June.Although it will integrate key technologies from Finschia and Klaytn, the Kaia chain will initially launch on the Klaytn network. Therefore, KLAY holders do not need to perform a separate token swap, but FNSA holders will need to exchange their tokens for KAIA tokens. The token swap will be provided through the Kaia portal and will launch simultaneously with the Kaia chain.

According to a message from Ch ai nCatcher and the official announcement, the merger proposal for Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) tokens has been approved by community vote. As the next step in the merger, Fetch.ai has minted an additional 1,477,549,566 FET tokens to support the ASI token conversion mechanism. This will bring the new total supply of FET to 2,630,547,141. Next, FET will be converted to ASI tokens according to the exchange rate.

According to ChainCatcher news, the token merger proposal of Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) has been approved by community vote.ChainCatcher previously reported that Fetch.ai, SingularityNET, and Ocean Protocol announced the merger of their tokens to create a decentralized artificial intelligence (AI) alliance. This alliance aims to provide a decentralized alternative to counter projects currently controlled by large tech companies.