AI Tokens & Computing Infrastructure

Bittensor co-founder Jacob Steeves responds to the Covenant AI incident, accusing its founder of betraying trust and issuing an apology. Steeves says he will move forward with a locked staking mechanism, enhance protocol transparency and resilience to risk, and continue to push for open AI development.

Covenant AI is departing from Bittensor, citing a loss of trust in its governance and a failure to uphold its decentralization principles. Founder Sam Dare highlights the dominance of a single authority over the network, contradicting its founding narrative.

U.S. well-known angel investor Jason Calacanis expressed optimism about Bittensor and its subnet project Ridges AI on the All-In Podcast, saying that this open-source AI assistant reached about 80% of Claude 4’s performance within 45 days, and highlighting the innovative advantages of decentralization and incentive mechanisms. He also founded the Stillcore Capital fund to focus on investing in the Bittensor ecosystem.

Qitmeer Network has partnered with Kuvi AI to democratize hedge fund-level tools for everyday users through the Agentic Finance Operating System. This collaboration aims to enhance accessibility, allowing individual investors to manage capital with institutional sophistication within the DeFi landscape.

In brief TAO has fallen more than 18% in the last 24 hours amid a spat between the network's founder and a leading ecosystem contributor. The subnet operator, Covenant AI, is leaving BitTensor after alleging centralized control by the project's founder, Jacob Steeves. Steeves denied the

According to Worldcoin’s latest announcement, starting July 24, 2026, the daily unlock amount for WLD tokens will decrease by 43%, from 5.1 million tokens to 2.9 million tokens, while maintaining daily linear unlocks with no unlock cliff. This change will reduce market supply pressure and has a positive impact on price stability for the token. WLD currently has 4.9 billion tokens in an unlocked state.

Matterhorn, creator of the Artificial Intelligence (AI-native) vibecoding IDE for blockchain development, is pleased to announce its landmark collaboration with ASI Alliance to bring accessible, safety-first Decentralized Application (dApp) development to ASI: Chain. ASI Alliance consists of

Grayscale updates its list of candidate assets for new products, covering six major crypto sectors including AI, finance, smart contract platforms, and practical tools. The AI sector adds 9 new projects, the finance sector adds 7 DeFi projects, the smart contract platforms sector adds 6 new projects, and the practical tools sector adds multiple tools. The list is updated each quarter and does not yet indicate that related products will definitely be launched.

Gate News message, Selini Capital (@SeliniCapital) has accumulated 20 million WLD tokens valued at $5.64 million from centralized exchanges in the past 24 hours.

Bittensor's TAO token dropped 25% due to allegations of centralized control by co-founder Jacob Steeves, resulting in $650 million market cap loss and $9.1 million liquidations. The controversy raises concerns about the project's governance.

World project announces that it will adjust the WLD token unlocking mechanism starting July 24, 2026, reducing the total daily unlocked amount by 43%. The community token daily unlocked amount will be reduced to 1.6 million, while the team and investors will be reduced to 1.3 million. It will continue to be unlocked linearly every day. As of April 10, 4.9 billion tokens have been unlocked, accounting for 49% of the total supply.

AlphaTON Capital Corp. has entered a $43 million artificial intelligence (AI) hardware and financing agreement with Vertical Data Inc. to expand its confidential compute infrastructure. Key Takeaways: AlphaTON Capital (Nasdaq: ATON) signed a $43 million AI infrastructure deal with Vertical Data,

The article discusses the Top 10 AI Agent Projects in cryptocurrency based on social activity, revealing Chainlink ($LINK) as the leader. It highlights engagement and interaction metrics for various projects, indicating strong interest and demand in the market.

As of April 10, 2026, World’s official announcement states that the total supply of WLD is 10 billion units, of which 49% has been unlocked. Since its launch in 2023, the unlocking mechanism has enabled the gradual release of tokens; starting in 2026, the unlocking rate will decrease, resulting in an overall drop of 43%.

Bittensor co-founder Const responded to community controversy, clarifying token release and management permission issues and emphasizing that his actions are no different from those of ordinary holders. He denied large-scale sell-offs, saying transparency in trading is a core principle, and that community discussions are still ongoing.

SK Telecom, Arm, and Rebellions sign a trilateral memorandum of understanding to jointly develop AI data center inference server solutions, combining Arm’s AGI CPU and the RebelCard chip to optimize high-density inference and large-scale AI deployments.

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

Bittensor co-founder Jacob Steeves responded to Covenant AI’s exit from the network, proposing to restart the subnet governance mechanism and bring in community votes to elect the team. He believes this is an opportunity to redefine the subnet’s form and criticized Covenant AI’s founder’s decision-making.

Covenant AI announced on April 10 that it was withdrawing from the Bittensor network, accusing key figure Jacob Steeves of betraying the promise of decentralization and citing multiple suppression actions. Covenant AI emphasized that the apparent decentralized governance of Bittensor is actually controlled by a single person, creating a “decentralization theater.” The team’s decentralized LLM pretraining project, Covenant-72B, has significant influence in the industry; this withdrawal is seen as a proactive choice rather than a failure.