subnet

Bittensor co-founder Const (@const_reborn) responded on Twitter to recent allegations regarding Covenant AI. Const stated that he has no authority to pause emissions, and that the previous sale of a portion of alpha positions in three subnetworks was because these subnetworks were not operational and were in a high ratio of code destruction state. The impact of this transaction on emissions is consistent with the buying and selling behavior of ordinary TAO holders, and he does not enjoy any special privileges.Regarding management authority, Const clarified that it was Samuel himself who abandoned his Discord channel, and he did not remove his administrator role; he only temporarily restricted his ability to delete posts that honestly criticize and then restored it. Additionally, he emphasized that the scale of the token sell-off was less than 1% of his total investment in the team, and stated that exercising the rights to buy and sell tokens under the dTao system is fundamental to supporting the operation of the system.According to previous reports from ChainCatcher, the main subnetwork developer on Bittensor, Covenant AI, announced its withdrawal from Bittensor. Covenant AI founder Sam Dare stated that the reason Bittensor attracts builders, miners, validators, and investors into this ecosystem is because of its promise not to be controlled by any single entity. But this promise is a lie.

According to Theblock, Covenant AI, the main subnet developer on Bittensor, has announced its exit from Bittensor. Covenant AI founder Sam Dare stated that Bittensor attracted builders, miners, validators, and investors into this ecosystem because of its promise of not being controlled by any single entity. However, this promise is a lie.Dare listed Bittensor co-founder Jacob Steeves as a major reason for the departure. He claimed that Jacob has been exercising authority over the subnet to regain control of Covenant, as Covenant has grown too large to manage.It is reported that after Covenant's announcement, the price of Bittensor's TAO token plummeted significantly, dropping from $338 to $285 in a short period, a decrease of 15%.

Research institution 10x Research published on platform X, pointing out that Bittensor (TAO) is experiencing strong momentum driven by both AI narratives and ecological expansion. The current price of TAO has surpassed the 7-day and 30-day moving averages, with technical indicators showing dual bullish signals. In the past week, it has increased by 19.8%, and the staking scale of subnet has exceeded 620 million dollars, with the number of active subnets expanding to 128.On the news front, NVIDIA CEO Jensen Huang mentioned Bittensor in a well-known podcast, while Grayscale reiterated this week that the Bittensor Trust private placement subscription is now open to qualified investors, further strengthening institutional endorsement.

The decentralized machine learning network Bittensor has officially partnered with the Web3 education and developer platform HackQuest to jointly launch the Bittensor × HackQuest: Build on Bittensor global developer program. This program focuses on Subnet development and aims to encourage global developers, researchers, and builders to systematically participate in the Bittensor decentralized AI ecosystem.Build on Bittensor is Bittensor's first developer program. The program will combine Bittensor's decentralized machine learning and Subnet architecture design with HackQuest's experience in developer education, local execution, and community organization, providing a complete participation path from learning to practice for developers from various backgrounds.This program continues the joint tour activities previously conducted in multiple cities and officially upgrades to a global developer tour (Bittensor × HackQuest Tour). Past events have attracted over 500 developers, university students, and AI researchers, facilitating in-depth discussions on decentralized AI, Web3 infrastructure, and the Bittensor Subnet mechanism, demonstrating the developer community's strong interest in real Subnet construction and mechanism design.As an important part of the Build on Bittensor program, both parties will launch the Bittensor Subnet Ideathon for the first time, open to global developers. Participants will design and build their own Subnet solutions around Bittensor's Subnet architecture, gaining practical understanding of decentralized incentives, miner and validator collaboration mechanisms, and have the opportunity to receive cash rewards, incubation, and subsequent ecosystem support.Additionally, for developers who are new to Bittensor, HackQuest will provide a structured learning path (Learning Track) covering the basic concepts of Bittensor, understanding of the Subnet mechanism, and practical development preparation, helping new developers smoothly transition from entry-level to participating in Subnet construction.In the future, Bittensor and HackQuest will continue to promote the Build on Bittensor series of activities globally, further expanding the developer base for decentralized AI and driving more Subnets from concept to real operation.

According to official news, TAO Financial Company TAO Synergies Inc. (NASDAQ: TAOX) announced that it has made an initial investment of $750,000 in the Bittensor subnet fund under Yuma Asset Management, thereby enhancing the company's investment in the Bittensor ecosystem subnet field.

ChainCatcher news, Yuma, a subsidiary of Digital Currency Group focused on the decentralized AI network Bittensor, announced the establishment of an asset management department on October 9, with an initial investment of $10 million from DCG.The department will launch two flagship funds: the Yuma Subnet Composite Fund, which tracks all active subnets, and the Yuma Large Cap Subnet Fund, which focuses on large subnets.

ChainCatcher news, according to data disclosed by RootData, although the market is generally sluggish, the TAO Subnet subnet has collectively surged, led by Tensorplex Dojo (+345.7%), Graphite (+247.5%), Nova (+166.5%), Open Kaito (+96.2%), Sturdy (+78.9%), and pre-trained LLM (+62.5%).

ChainCatcher news, according to Tokonews, Avalanche recently announced its 2025 roadmap during an AMA held in Indonesia. Major updates include the Etna network upgrade, the global adoption plan Avalanche9000 Campaign, and the renaming of subnets to Avalanche L1 to enhance flexibility, among others.

ChainCatcher news, according to relevant page information, the Bittensor dTAO upgrade has been completed. Currently, the subnet tokens can be traded on DEXs like taosats.It is reported that the dTAO upgrade is considered the most important upgrade since the establishment of the Bittensor network. This upgrade aims to shift the issuance distribution from the trusted capital allocation of a few large validators to pure market forces. Each AI market (now the TAO subnet projects) will operate using its own token, and the issuance will flow based on the relative price of the tokens.

ChainCatcher news, the TAO Foundation announced that a new subnet is about to be launched for the GPU leasing platform Fish, providing scalable computing resources for validators and users, which can be paid for using TAO tokens.

ChainCatcher news, according to The Block, Avalanche "subnets" have been renamed to Avalanche Layer 1s (L1s). Avalanche L1s are typically application-specific blockchains that can be customized to meet the specific needs of different use cases.In addition, Avalanche has initiated a community proposal ACP-77, aimed at reforming the creation and management design of Avalanche L1s, bringing more flexibility and autonomy to Avalanche L1s validators.

ChainCatcher message, the Helium community is discussing the new proposal HIP 128, which suggests the creation of the ENERGY subnet to reward users participating in the energy market through solar power generation and battery storage.This subnet will support the integration and rewards of distributed energy resources (DERs), allowing residential users to contribute to grid stability and earn rewards. The main advantages include dual mining, increased network activity and data credit consumption, entry into the renewable energy sector, and promotion of green energy practices.

ChainCatcher news, the video streaming platform Livepeer has announced the launch of the decentralized video processing network Livepeer AI subnet, which will have AI computing capabilities. This subnet will be built on Livepeer's decentralized video processing network architecture, providing globally accessible open video infrastructure and incentivizing scalability through a blockchain-based token economy. The Livepeer AI subnet also allows Livepeer Orchestrator node operators to earn ETH and LPT revenue by deploying GPU resources for AI processing tasks.Livepeer's AI subnet is being rolled out in three phases, with the first phase completed and currently being optimized. Livepeer expects to launch the mainnet in the third quarter of 2024.

ChainCatcher news, the Avalanche official website shows that the Lamina1 subnet is now live.It is reported that Lamina1 was co-founded by science fiction writer Neal Stephenson and early Bitcoin investor Peter Vessenes.

ChainCatcher message, the AI project Bittensor community TAO Community Hub tweeted that Bittensor is launching weekly subnet slot expansions. Starting today, the Openτensor Foundation will add 4 slots each week until reaching a new limit of 64 slots, aiming to achieve 1024 subnets this year.

ChainCatcher news, the blockchain gaming platform PlayDapp team announced plans to launch its mainnet on April 11 through the Avalanche subnet to expand its Web3 business.It is reported that after the mainnet launch, PlayDapp will no longer support the existing public multi-chain, but will operate an independent chain with self-validating nodes as the mainnet to load various Web3 game projects and expand the ecosystem. At the same time, it will also focus on supporting various game projects to be loaded onto the PlayDapp mainnet, allowing users to participate in staking, voting, and NFT trading on the mainnet.