yup

The AI model evaluation platform Yupp.ai's CEO Pankaj Gupta posted on the X platform stating that the platform will soon cease operations, and access will be maintained for the next 15 days, during which users can download their data. Existing users will not be able to create new conversations starting today, and new users will also be unable to register.Yupp.ai launched in June 2025 and raised $33 million in seed funding last June, led by a16z. The platform allows users to compare various AI models for free; users can input prompts and view responses generated by multiple AIs in parallel. After selecting the best result, a "preference data package" is formed, which is used for the post-training and evaluation of AI models. The platform combines blockchain technology to achieve transparency in the evaluation process, allowing users to provide feedback in exchange for corresponding rewards, while AI developers obtain verifiable training data.

ChainCatcher news, according to the official announcement, the AI blockchain platform Yupp has completed a $33 million seed round financing, led by a16z founder Chris Dixon and a16z investment partner Elizabeth Harkavy. The Yupp platform allows users to compare various AI models for free; users can input prompts and view responses generated by multiple AIs side by side, and after selecting the best result, a "preference data packet" is formed. This data is used for the post-training and evaluation of AI models.The platform combines blockchain technology to achieve transparency in the evaluation process. Users can provide feedback and receive corresponding rewards, while AI developers obtain verifiable training data. The platform design turns human judgment into a cyclical resource: an increase in users brings more evaluation data, which improves model quality, and high-quality models attract more user participation.

ChainCatcher news, according to a thirdweb announcement, the company has officially acquired the decentralized social platform Yup to enhance its Web3 social SDK capabilities and support the Farcaster and Lens Protocol ecosystems.Yup was founded by Nir Kabessa (CEO) and Vernon Johnson (CTO), focusing on decentralized social and identity protocols. The founders will serve as senior product manager and senior software engineer at thirdweb, respectively. This acquisition aims to promote the development of portable identities, anti-censorship mechanisms, and monetization tools for creators, further accelerating the growth of Web3 social applications. The Yup platform will gradually shut down in the coming weeks, but the YUP token will remain in circulation on-chain.

ChainCatcher news, Dan Elitzer, co-founder of the global multi-strategy investment firm Nascent, announced on the X platform that Nascent will co-invest in Yup alongside IDEO CoLab Ventures and Dan Romero.According to the Web3 asset data platform RootData, Yup is a Web3 social network for curators, where users can curate and share content online. Users can earn rewards through their taste and gain influence in discussions.

ChainCatcher news, according to the Seoul Economic Daily, Bithumb is once again pushing to change its real-name account partner bank from NH Bank to KB Kookmin Bank. This move aims to diversify its customer base and narrow the gap in market share with South Korea's largest exchange, Upbit.Since 2018, Bithumb has signed a contract with Nonghyup Bank for issuing real-name accounts, renewing it every six months or annually. In March of this year, after a failed transaction with Kookmin Bank, Bithumb also signed a six-month renewal contract with Nonghyup Bank.Industry insiders believe that this transaction is more likely to be finalized compared to March. A financial industry insider stated, "Since the contract with Nonghyup Bank will expire in September, there will be no uncertainty due to the implementation of this bill, as this is a new contract after the bill has already been implemented."

ChainCatcher news, over the past year, South Korean banks and securities companies have begun to establish token issuance platforms and collaborate to form a tokenization alliance. Despite the legislative support for securities token issuance being delayed, these institutions continue to move forward. This week, Woori Bank signed a distribution agreement with a secondary market operator and applied to participate in a regulatory sandbox. Additionally, it has been reported that NongHyup Bank received 1 billion KRW (732,000 USD) in funding from the Korea Internet & Security Agency (KISA) for the development of its token issuance platform. The platform is expected to be ready by November this year. In August last year, Woori Bank, along with Samsung Securities (the second-largest brokerage in Korea) and SK Securities, established a "Mutual Cooperation Committee." The Financial 3.0 Partners (F3P) decided to collaborate to explore business models, "validate infrastructure," and establish investment protection measures. It now appears that the infrastructure aspect means they are building a joint token issuance solution.

ChainCatcher news, Bithumb has extended its cooperation agreement with NH Nonghyup Bank to provide real-name verification deposit and withdrawal services.According to industry insiders, Bithumb has recently extended its real-name account agreement with NH Nonghyup Bank for six months, allowing Bithumb users to use their existing accounts until September.