News linked to both this project and an event.
Over the past year, the AI field has experienced explosive growth, and this pace seems to have left frontier AI developers struggling to keep up in a short period of time. Now, these companies are beginning to call for a slower pace of research and stronger regulation and oversight.However, the AI safety crises that have previously been brought to light are unlikely to similarly impact the customers of AI giants like Anthropic and OpenAI. Enterprises typically deploy models that have already been commercialized and whose capabilities are relatively well understood by the market. These models may not be at the absolute cutting edge of AI, but their capabilities are already powerful enough to handle the various tasks enterprises assign to them.Stephen Messer, co-founder of Collective, said that most enterprises are not using the most cutting-edge models. They may even still be using versions from two years ago, and for the work they are doing, these models are actually more than sufficient. Some users don't even really know how to effectively prompt the models. Therefore, if the pace of AI development slows down, it won't have much of an impact on them. (WSJ)
According to the Financial Times, the UK Financial Conduct Authority (FCA) is working with the Treasury and the Bank of England to establish a dedicated regulatory framework for tokenized gold or broader tokenized commodities, while also assessing whether certain tokenized gold products or market infrastructure should be exempt from the regulatory scope of Collective Investment Schemes (CIS) and Alternative Investment Funds (AIF). Specific arrangements have not yet been finalized.
: Canton Strategic Holdings, a Nasdaq-listed company, announced the completion of the sale of its biotech R&D subsidiary, Gravitas Life Sciences. The buyer for this transaction is Gravitas Collective Corp. The deal received unanimous approval from the company's board of directors and was officially closed on July 17, 2026.This asset divestiture is a key strategic transformation move for the company. Going forward, the company will focus on the Canton Network ecosystem, transforming into a digitalization service provider for financial markets. It will prioritize the implementation of asset tokenization and financial digitalization, while continuously improving its compliant financial infrastructure business. (PRNewswire)
Avalanche announced the launch of the Avalanche Payments Collective, with 28 organizations already joining the coalition to build payment infrastructure on the Avalanche network. The coalition aims to integrate multiple domains, including settlement, stablecoins, capital infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stablecoin Committee.
According to HackQuest (@HackQuest_), the 0G APAC Hackathon has officially announced its winners. The event attracted 1,145 participants globally and received 293 final project submissions, generating over 1.04 million social media impressions. Winners are as follows: First Place: Ghast AI (@Ghast_AI) — A crypto-native AI agent client built on 0G, supporting decentralized inference, user-controlled long-term memory, censorship-resistant access, and portable agent IDs. Second Place: NeoSoul (@NeoSoulAI) — A trust layer designed specifically for the emerging agent economy, providing infrastructure such as verifiable agent permissions, accountability mechanisms, and recovery systems. Third Place: Anima (@anima_0g) — A CLI-native agent framework where agent identity, memory, inference, wallet, and economic activities all run atop 0G’s decentralized infrastructure, enabling cross-device, independent, and persistent operation. Excellence Awards: - @Alsphere0G — Collective intelligence memory layer for AI agents - @Hash_PayLink — Payment-gated AI infrastructure for the agent economy - @railbeam_ai — Payment rails and financial operations workspace for humans and agents - @stealth_pay — Privacy-preserving payment-related project