Pi Protocol (PIP) news

Japan’s FSA Backs Major New Stablecoin Initiative

In Brief Japan’s FSA supports a major new stablecoin pilot involving three major banks. The initiative explores regulatory compliance for stablecoins as electronic payment instruments. This marks the first project of the newly formed "Payment Innovation Project" (PIP).

Japan’s Financial Regulator Unveils Dual Measures for Crypto Innovation and Oversight

Japan’s financial regulator is pushing innovation and protection in tandem—testing stablecoins with major banks while tightening rules on crypto lending and token offerings to ensure a safer digital asset market.

Japan FSA backs major banks’ yen stablecoin initiative

Polygon price bounces amid major payments upgrade

AMINA Bank Launches Polygon (POL) Staking for Corporate Investors

Polygon Foundation and Swiss-regulated crypto bank AMINA have inked a strategic deal to offer institutional staking services to users.

Polygon Proof-of-Stake launches its Rio upgrade today

Polygon activates Rio upgrade to revamp block production, speed up network

Quick Take Polygon has activated the Rio upgrade on its proof-of-stake network, introducing major changes to block production and validation.

Polygon Deploys ‘Rio’ Upgrade on Testnet

Polygon’s ‘Rio’ upgrade is now live on the Amoy testnet, introducing key changes to help the PoS network eventually reach 5,000 TPS.

a16z crypto and others back $340 million IP token treasury strategy from Heritage Distilling

Quick Take Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other notable investors. The plan is funded through a $220 million PIPE financing, with $82 million earmarked to buy IP tokens from Story Foundation at $3.40 each — a 47.3% discount from IP’s current market price of about $6.45.

Grayscale launches Story Trust to offer exposure to IP token

Quick Take Grayscale has launched a new single-asset trust offering exposure to IP, the native token of the intellectual property protocol Story. The IP token, launched in February, is trading around $6.4 with a market cap of roughly $2 billion.

A16z leads $15 million seed round for an AI-focused decentralized data layer built on the Story Protocol

Quick Take Venture firm Andreessen Horowitz has invested in Poseidon, a full-stack decentralized data layer built on the IP-focused Story protocol. The startup closed a $15 million seed round to unlock high-quality training data for “the next generation of physical AI.”

Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10

Polygon unveils ‘Gigagas’ roadmap to reach 100,000 TPS

A HYPE whale spent another $600,000 to increase its holdings, and its HYPE holdings suffered a floating loss of $1.39 million

Storys story: A world where IP eats everything

Story Revolutionizes Open Source AI for Creator Monetization

Notice of Delisting 44 Spot Trading Pairs on 2 January 2025

Polygon community evaluating proposal to use over $1 billion in stablecoin reserves – What to expect

Share link:In this post: The Polygon community is considering a proposal to activate $1.3 billion in stablecoin reserves held on the PoS Chain bridge. Morpho Labs, Yearn Finance, and Allez Labs introduced the proposal to channel the reserved assets into DeFi projects. Paul Frambot, co-founder and CEO, suggested the idle stablecoins presented an over $50 million yield opportunity for the network.

Polygon Community Releases "Polygon PoS Cross-Chain Liquidity Plan" Pre-PIP Improvement Proposal

Analysis of Hyperliquid Airdrop Model: Why Can the "Product First, Token Later" Model Succeed?

Building a cult around images or slogans unrelated to the core product is an alternative to the cult that should revolve around your product itself.

Story Protocol-based AI startup Sekai raises $3 million in seed round led by Hashed

Quick Take Sekai, a generative AI storytelling platform that utilizes Story Protocol, announced it has raised $3.1 million in a seed round led by Hashed. The seed round raise follows Sekai winning the ETHDenver general hackathon earlier this year.

Today's Top 5 Gainers: FUSE with a 24-hour increase of 543.80%

Today's Top 5 Increase: PIP 24-hour increase of 187.71%

Polygon’s POL Token Rises 5% Amidst Ahmedabad Upgrade: Enhanced dApps and Rebranding from MATIC

Today's Top 5 Gainers: KATT has increased by 45.83% in the last 24 hours

Let’s talk about Story’s new IP trading market Color: highlights, problems to be solved, and future prospects

What exactly did Story want to do? To what extent did it achieve this?

A16z Backs PIP Labs with $80M Investment, Valuing at $2.25B

Overview of Financing Information in the Past 24 Hours (August 22)

PIP Labs secures $80M for Story Protocol, valuation hits $2.25B

A16z’s $80M investment boosts Story Protocol’s IP protection against AI theft

Share link:In this post: a16z crypto venture arm led the $80 million Series B funding round for Story Protocol. The blockchain-based IP protection tool against copyright infringement of AI is now worth $2.25 billion. Story Protocol plans to become the World IP Blockchain, a specialized Layer-1 network for IP protection.