News linked to both this project and an event.
LayerZero has announced that due to low activity on certain blockchains, it will gradually cease providing off-chain support for them, and affected chains will no longer be able to use LayerZero's Decentralized Verification Networks (DVNs) and executor services. In the next 30 days, Aurora, Taiko, Japan Open Chain, LightLink, Viction, Animechain, XPLA, Merlin, Gnosis, Zora, Otherworld Space, XAI, and opBNB will be affected. Some chains will also lose Stargate Hydra support, and Stargate users should redeem their Hydra assets from these chains, including USDC.e, wETH, and Hydra USDT.
Hydra Host, a data center software startup and AI server intermediary platform, has completed a $100 million funding round at a post-money valuation of nearly $800 million. The round was led by Kindred Ventures. Other investors include Nvidia, ARK Invest, Magnetar Capital (an early investor in CoreWeave), and existing shareholders Founders Fund and Flume Ventures.Founded in 2021, Hydra Host initially served cryptocurrency miners but has since pivoted to providing automation software for data center operators. This software enables them to rent out idle Nvidia AI server computing power and operate a GPU matching marketplace connecting GPU holders with renters. The company has now deployed its technology across 50 data centers globally, expanding from 30 in February of this year. (The Information)