Hedera, Bittensor, and BlockDAG: Key Movements in the Crypto Market

IoTeX, a blockchain platform focusing on DePIN and AI, has announced a strategic partnership with HashKey Exchange in Hong Kong. The collaboration aims to establish an 'AI Ecosystem Center' to facilitate secure and compliant value exchange in the AI and digital economies era. Hong Kong's ambition to become a digital asset capital aligns with the synergy between digital assets and AI, driving economic growth through innovation. The partnership between IoTeX and HashKey Exchange will focus on developing infrastructure for AI-powered value economies. This includes exploring digital asset utility, leveraging blockchain technology for on-chain identity and compliance, and providing compliance and asset services. The launch of the 'IOTX/HKD' trading pair on HashKey Exchange marks a significant step towards creating a crypto ecosystem tailored for AI and machine intelligence.

The Wicrypt Network has announced a significant update regarding its native token, the Wicrypt Network Token ($WNT), as part of its ongoing mission to decentralize internet access. Effective August 15, 2025, the liquidity pool for $WNT on Uniswap will be closed, and all liquidity will be consolidated exclusively on Asset Chain, Wicrypt's co-built Layer-1 blockchain. This strategic move aims to enhance the trading experience for $WNT holders by reducing fragmentation, improving price stability, and minimizing slippage during trades. Centralized exchanges such as Bitmart and MEXC will also transition to supporting only $WNT on Asset Chain, ensuring consistency across trading platforms. The decision to consolidate liquidity on Asset Chain is driven by the desire to create a more efficient ecosystem. By utilizing Asset Chain's native DEX, Wicrypt aims to lower transaction fees and facilitate seamless integration with its decentralized internet-sharing protocol. Users currently providing liquidity on Uniswap or holding $WNT on other chains like Polygon or Arbitrum are encouraged to withdraw their assets and bridge them to Asset Chain before the deadline. This transition is designed to maximize value for the community and streamline the $WNT ecosystem. Key dates for this transition include the announcement of the Uniswap pool closure on August 8, 2025, followed by the official deprecation of the liquidity pool on August 15, 2025. Wicrypt is committed to supporting its users throughout this process, offering assistance via its official Telegram community. The consolidation of liquidity on Asset Chain reflects Wicrypt's dedication to building a scalable and user-friendly ecosystem for $WNT holders, ultimately aiming to revolutionize decentralized internet access for all users in the community.

Oblong Inc. has made a significant move by investing $8 million into Bittensor’s TAO token, fully staking it with a main validator to bolster network operations. This strategic pivot, executed by the company traded on Nasdaq under the ticker OBLG, marks a decisive shift in its treasury strategy towards decentralized AI assets. By aligning its financial resources with distributed AI ecosystems, Oblong aims to enhance its long-term asset growth and innovate within the blockchain space. This transition follows a successful $7.5 million capital raise, which was directed towards acquiring digital assets, positioning Oblong as a forward-thinking player in the crypto market. The complete staking of TAO signifies Oblong's departure from traditional cash management practices, as it embraces a blockchain-based asset portfolio. With no outstanding debt and $4.3 million in cash at the end of Q1 2025, the company is committed to balancing innovation with financial performance. Oblong plans to assess new TAO purchases on a weekly basis, indicating a sustained engagement with blockchain-driven AI infrastructure. Furthermore, the firm will disclose staking performance and token data in its Q2 2025 earnings report, which is expected to bolster shareholder confidence as it expands its digital asset footprint. TAO serves as the backbone of a decentralized AI marketplace, rewarding contributions through a permissionless incentive system. By staking TAO, Oblong not only increases its exposure to staking rewards but also actively supports decentralized computing systems. This strategic alignment with Bittensor’s architecture allows Oblong to facilitate open AI experimentation without centralized constraints. As the company explores potential partnerships within the Bittensor ecosystem, it aims to develop complementary technologies that reinforce its blockchain-first vision. With a market capitalization of approximately $6.6 million, Oblong is poised to redefine its operational outlook by integrating crypto-based assets into its core business strategy.

In Q2 2025, GEODNET reported a remarkable 19% quarter-over-quarter revenue increase, rising from $812,000 to over $963,000, driven by the global expansion of its Real-Time Kinematics (RTK) station network. With annualized revenue approaching $3 million, GEODNET stands out in the Decentralized Physical Infrastructure Network (DePIN) sector, surpassing many of its competitors. The network now boasts over 19,000 active Satellite Miners across 145 countries, solidifying its position as the largest RTK network globally. Notably, GEOD token burns reached an all-time high of 3.8 million in Q2 2025, reflecting a 67% increase from the previous quarter, which further supports the network's long-term sustainability and value capture initiatives. GEODNET operates on a decentralized model where individual operators set up RTK Base Stations, known as Satellite Miners, that capture satellite signals and provide real-time correction data with centimeter-level accuracy. The network's growth is attributed to strategic partnerships with companies like DroneDeploy and Quectel, enhancing its service offerings in enterprise drone mapping and IoT solutions. Additionally, GEODNET has implemented a 50% reduction in daily token commissions to mitigate inflation and support its contributors. The network's performance-based incentives introduced under the GIP-6 governance proposal are designed to improve data reliability while maintaining token supply discipline. Looking ahead, GEODNET is poised for further expansion and technological advancements. Plans include integrating Low Earth Orbit (LEO) satellite tracking to enhance GNSS reliability, fusing RTK data with Inertial Measurement Units (IMUs) and LiDAR for precise positioning in challenging environments, and developing a custom RISC-V-based robotics chip for real-time sensor fusion. These initiatives will not only strengthen GEODNET's infrastructure but also position it as a leader in precision geolocation and decentralized systems for autonomous applications, ensuring continued growth and innovation in the coming years.

July marked a significant milestone for Nubila, showcasing impressive growth and advancements in decentralized climate intelligence. The company successfully mined 73,734 B3TR across five mining rounds, with validator participation increasing and new partnerships being established. Notably, 415 Marco devices have been deployed globally, including 209 Cloud Nodes, 33 Rainy Nodes, and 109 Sunny Nodes. This expansion is crucial as Nubila builds the backbone of climate-aware AI, integrating real-time weather data into its ecosystem. The Nubila ecosystem has been active with various campaigns and initiatives. The ongoing Validation Campaign allows participants to earn rewards by reviewing real-time weather data, with the first 100 daily validators receiving B3TR. Additionally, the Nubila Global Tour has launched in Canada, offering opportunities to win Cloud Nodes and earn sNUBI. The Snap to Earn initiative, in collaboration with Nillion Network, encouraged users to share local weather images, resulting in hundreds of submissions and exciting prizes. Furthermore, the July rebate drop successfully redistributed 106,015 B3TR to Marco and Node owners, reinforcing the financial benefits of participating in climate infrastructure. Nubila has also formed strategic partnerships to enhance its offerings. Collaborations with Spheron, UX Link, NodeOps, and ChainAware.ai aim to provide cheaper decentralized GPU compute, unlock WeatherFi in Asia, and integrate predictive AI with weather data. As Nubila continues to innovate, it has gained recognition, winning the IoTeX Crypto’s Got Talent Season 1 and being featured in Cointelegraph. Looking ahead, the Validator Node Sale on August 6 and the launch of Snap-to-Earn Phase 2 are set to further propel Nubila's mission of connecting real-world environmental data to decentralized applications and AI, driving the climate economy forward.

TAO Synergies, a Nasdaq-listed company, has significantly bolstered its treasury holdings in Bittensor, a decentralized artificial intelligence project. The company currently holds 42,111 TAO tokens, which it has acquired through purchases and staking. In July, TAO Synergies made a notable investment of $10 million in Bittensor tokens, further solidifying its strategy to focus on this digital asset. Following this announcement, the price of TAO saw a slight increase of about 3%, trading around $347, although it remains below its peak of $700 from December 2024. The recent acquisition of Bittensor tokens adds to the 29,899 tokens that TAO Synergies purchased for $334 each earlier in July. Joshua Silverman, the executive chairman of TAO Synergies, emphasized the company's commitment to accumulating TAO tokens through both purchases and staking. He stated that their strategy is centered around the intersection of decentralized AI and blockchain technology, positioning TAO Synergies as the largest publicly traded digital asset treasury company focused solely on the Bittensor network and its DeAI protocol. In addition to its investment strategy, TAO Synergies has partnered with BitGo to leverage its infrastructure for the custody, staking, and trading of its TAO holdings. The company's pivot towards AI-related cryptocurrencies began with its rebranding from Synaptogenix in late June. With the growing interest in decentralized AI, other companies like xTAO are also investing in Bittensor, with xTAO reporting holdings of 41,538 TAO tokens in July, indicating a broader trend in the market towards decentralized AI assets.