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NASDAQ:COIN 28 June 2025 - 17 July 2025

32B AI Model Trained by a Swarm of Volunteer GPUs – Inside INTELLECT-2’s Decentralized Revolution

32B AI Model Trained by a Swarm of Volunteer GPUs – Inside INTELLECT-2’s Decentralized Revolution

Prime Intellect released INTELLECT-2, a 32B-parameter language model trained in May 2025 on hundreds of volunteer GPUs using asynchronous reinforcement learning. The model scored 78.8% on AIME24 and 67.8 on LiveCodeBench, slightly above its predecessor QwQ-32B. Performance outside the training distribution showed little change. INTELLECT-2’s weights, code, and demo were open-sourced.
Web3 and DApp Platforms: June–July 2025 News Report

Web3 and DApp Platforms: June–July 2025 News Report

Ethereum staking hit a record 35 million ETH locked post-Pectra, about 28% of supply. Solana reported 16 months of uninterrupted uptime and record on-chain activity. The U.S. Senate passed the GENIUS stablecoin bill, while Circle applied for a federal trust charter. Web3 fundraising remained strong, with SharpLink and Lion Group securing major rounds.
June–July 2025 Blockchain & DLT Developments: Major News, Trends, Regulation, and Adoption

June–July 2025 Blockchain & DLT Developments: Major News, Trends, Regulation, and Adoption

Circle Internet Financial’s NYSE IPO on June 5 priced at $31, opened at $69, and soared over 800% to above $270, pushing its market cap past $60 billion. Coinbase and Kraken secured MiCA licenses to operate across the EU. Mastercard announced stablecoin integrations, while Kalshi and Polymarket closed major funding rounds. The Senate passed the GENIUS Act to create a federal stablecoin framework.
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